Flipkart Group commits to Net Zero carbon emissions by 2040

The Flipkart Group, India’s homegrown internet ecosystem, has committed to setting an ambitious Net Zero target, to decarbonise its own operations by 2030 and the larger value chain by 2040.

Komaki to set up 45000 charging points across India by end 2023

The electric vehicle division of KLB Komaki, known for producing powerful and sporty electric two-wheelers is now ready to charge up India’s EV infrastructure with high-end peer-to-peer charging points across the le...

Dr. Lakshmi Venu takes over as Managing Director of Sundaram-Clayton

Dr. Lakshmi Venu has taken over as the Managing Director of Sundaram-Clayton Limited (SCL), one of India’s leading auto components manufacturer at the board meeting held on May 6, 2022. Dr.Venu was the Joint Managin...

Napino Group partners with Kerdea Technologies Inc. for O2 sensor

Napino Auto & Electronics Ltd, a leading automotive component designing & manufacturing company, has announced partnership with Kerdea Technologies Inc. a US based company with proprietary O2 Sensor (resistive techn...

TomTom unveils new world-class office space in Pune

TomTom (TOM2), the geo location technology specialist, announced the opening of its new office space in Pune, Maharashtra. Spread over 100,000 square feet, the state-of-the-art facility can accommodate up to 1000 em...

Detel EV partners with Electric One to strengthen its offline presence

SG Corporate Mobility, the makers of Detel electric bike Detel Easy Plus has joined hands with Electric One, India’s first multi-brand platform offering 2 and 3 wheelers electric vehicles. This tie-up will help Dete...

ePropelled unveils groundbreaking Electric Vehicle Motor System

ePropelled, the Massachusetts-based technology company that offers leading-edge electric propulsion systems, has announced the release of a groundbreaking new electric vehicle (EV) propulsion system to be showcased...

Ford to cease manufacturing vehicles in India: shuts down plants

Ford India has announced that it will cease manufacturing vehicles for sale in India immediately. The manufacturing of vehicles for export will wind down at Sanand vehicle assembly plant by Q4 2021, and Chennai engi...

Mercedes-Benz prepares to go all-electric by 2030

Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the world’s pre-eminent luxury car company is accelerating to...

INTERVIEW WITH UDAY NARANG Chairman, Anglian Omega Group & Omega Seiki Mobility

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

Oxygen, medical help pour in from Indian auto companies among shut downs

The Indian auto industry is going all out to help the country in production of oxygen, even as it is grappling with woes at its own end. India Yamaha Motor (IYM) is among the companies that have decided to suspend m...

FY2020-2025 revenue to remain modest for Indian Components industry, says ICRA

India’s leading rating agency ICRA has estimated that the revenue decline for the Indian auto component industry will be limited to 6-8% in FY2021 supported by the better-than-expected demand pick-up across most seg...

Interview with Vishal Mathur, Senior Vice President, LMD Truck Business, VECV

Vishal Mathur, Senior Vice President, LMD Truck Business – VECV elaborates upon VECV’s Light & Medium Duty (LMD) business in India, the company’s product offering and the several advantages offered by Eicher trucks....

Wadhwani Advantage launches programme dedicated to auto, industrial segments

Indian automotive companies emerging from the COVID-19 crisis can now look forward to sound professional advice to overcome challenges they may be facing on several fronts. The challenges could be related to their i...

Goodyear to acquire Cooper Tire & Rubber Co in US $ 2.5 billion deal

Tyre majors Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total ...

FADA initiates Annual Dealer Satisfaction Study; Final report by June 2021

Federation of Automobile Dealers Associations (FADA), the apex national body of automobile retail in the country has informed that it is initiating an Annual Dealer Satisfaction Study in association with Premon Asia...

Ashish Gupta to succeed Steffen Knapp at Volkswagen Passenger Cars India

Ashish Gupta, currently head of Sales Operations at Volkswagen Passenger Cars India will be succeeding Steffen Knapp. Knapp who has been Brand Director, Volkswagen Passenger Cars India since August 2017, will be com...

Automotive dealerships grappling tough times, says ICRA survey

ICRA, an independent and professional investment Information and Credit Rating Agency states that automobile dealerships across India continue to face tough times. As if the demand slowdown due to macroeconomic chal...

Apollo Tyres aims leadership in premium two-wheeler segment in India

Apollo Tyres is aiming for leadership in the premium two-wheeler segment in India, and service the global markets with high-end bias and steel radial tyres. The premium segment constitutes nearly 20% of the two-whee...

Tata Motors, Bridgestone, Hyundai, Okinawa, Nissan, JK Tyre reopen plants

In this latest round of resumption of plant operations and other activities, Indian auto companies in the news include Tata Motors, Honda Cars India, Bridgestone India, Toyota Kirloskar Motor, Hero MotoCorp, Hyundai...

Polaris India appoints Lalit Sharma as new Country Manager; Pankaj Dubey moves on

Pankaj Dubey, who was at the helm of affairs of Polaris India Pvt. Ltd, a wholly-owned subsidiary of Polaris Inc., since its inception for around 10 years, has moved on to pursue other career opportunities. In his p...

Tata Motors spins off PV, EV businesses into new subsidiary

Tata Motors Ltd (TML) has spun off its passenger vehicles (PV) as well as its electrical vehicle (EV) business into a separate subsidiary. The TML Board has approved a plan to make the company’s PV as well as EV bus...

Kia Motors announces ‘Plan S’ for EV, mobility solutions by 2025

Kia Motors Corporation has announced details of ‘Plan S’, its mid- to long-term strategy aimed at progressively establishing a leadership position in the future automotive industry, encompassing electrification and ...

Hyundai, Kia debut virtual reality design evaluation system

Hyundai Motor Company and Kia Motors Corporation have debuted a new virtual reality (VR) design evaluation system at the brands’ global design headquarters. The new system, introduced to the Namyang Research and Dev...

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

CCI slaps Rs 17 crore penalty on Japan’s JTEKT for “cartelisation”

The Competition Commission of India (CCI) has in its latest order imposed a penalty of Rs 17.07 crore (Rs 17,07,31,443/-) on Japan based JTEKT/ JSAI , manufacturers of power steering for automobile manufacturers In ...

Continental to shift focus on electric mobility

Due to the rapid change in the mobility landscape, Continental is putting more focus on the electric future of mobility. To keep pace with the change, Continental’s Powertrain division will be renamed as Vitesco Tec...

Balbir Singh Dhillon is new Head, Audi India effective Sept 1, 2019

Audi India has elevated Balbir Singh Dhillon who is currently heading Dealer Development as Head, Audi India, effective September 1, 2019.

FCA submits proposal for merger with Groupe Renault

Fiat Chrysler Automobiles N.V. has delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has confirmed receipt of a pr...

Axalta opens its largest refinish training centre in India

Axalta, the world’s leader in automotive refinish coatings and a leading global supplier of liquid and powder coatings, opened its largest and most advanced Refinish Training Centre, spread over 20,000 square feet i...

Mahindra’s Igatpuri Plant Is India’s first carbon neutral facility

The Mahindra Group took a big step forward in its commitment to becoming carbon neutral by 2040, with its Igatpuri manufacturing plant recently becoming India’s first carbon neutral manufacturing facility. This was ...

Interview with Vinod K Sahay, Chief Executive Officer, Mahindra Truck & Bus

Interview with Vinod K Sahay, Chief Executive Officer, Mahindra Truck & Bus / Mahindra Construction Equipment Divisions, Mahindra & Mahindra

Harley-Davidson succumbs to Indian curry, plans 250-500cc bikes for India

Iconic motorcycle manufacturer of the US and a favourite company of US President Donald Trump is beginning to appreciate the flavour of Indian curry. It has just announced its own recipe for the Indian palate wherei...

Sergio Marchionne, former CEO of Fiat Chrysler dies at 66

Sixty-six-year-old Sergio Marchionne, the former chief executive officer of Fiat Chrysler has died. Marchionne who was undergoing treatment in a hospital in Zurich, Switzerland was recently replaced as CEO, accordi...

Purpose-built electric vehicles for mobility on demand, says Roland Berger

The growing demand for ride-sharing services is giving rise to a new category of vehicles. These are cars with a flexible interior that can be individually tailored to the needs of their users. The potential for aut...

Volvo Cars launches new S60 sports sedan, first Volvo car made in USA

Volvo Cars revealed the new S60 mid-size premium sports sedan at the company’s first US manufacturing plant in Charleston, South Carolina. The new Charleston plant has now been officially inaugurated. The combined c...

Nissan announces expansion plans in Africa, Middle East & India

Nissan Motor Co., Ltd. unveiled a major expansion strategy in the Africa, the Middle East and India region as part of the company’s six-year mid-term plan, Nissan M.O.V.E. to 2022.

Volvo Cars hopeful of increased sales & revenues

Volvo Cars, the premium car maker, has announced new financial and operational ambitions that will position the company as a leading player in the global automotive business by the middle of the next decade.

MAHINDRA & MAHINDRA SCALES NEW HEIGHTS---Sunny Side Up

Auto and farm equipment major Mahindra & Mahindra has finally found its place in the sun after several years of perseverance and hard work, the last three years being significant ones that led to the company transfo...

Motherson acquires Reydel Automotive Group for USD 201 million

Motherson Sumi Systems Limited (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its step down subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV), has announced th...

Precision Camshafts acquires precision machinist MFT of Germany

Global auto ancillary major Precision Camshafts Ltd has announced its second acquisition with the taking over of German precision machinist MFT Motoren und Fahrzeugtechnik GmbH (MFT) through its wholly owned Duth su...

Continental to acquire 5 percent stake in HERE Technologies

Technology company Continental has signed a definitive agreement to acquire a 5 percent indirect ownership stake in HERE Technologies, a global leader in mapping and location services. The share will be sold by HERE...

Samvardhana Motherson acquires MS Global India

Samvardhana Motherson International Limited (SAMIL), the principal holding company of Samvardhana Motherson Group has announced that it has successfully acquired 100% of MS Global India Pvt Ltd (MSGI), from the Kore...

Kinetic Engineering Limited records a 48% growth in Q2 revenues

Kinetic Engineering Limited, part of the Kinetic Group of Companies headed by Arun Firodia which transformed its business from two-wheelers to auto component systems since 2009, has in a board meeting held on Decemb...

Domestic auto-component industry to grow 9-11% in FY2018

The Rs 2.90 trillion (FY2017) domestic auto component industry is expected to grow by 9-11% during FY2018, driven by robust growth expectation in domestic passenger vehicles (PV)s and two wheelers (2W) segment.

Erstwhile partners M&M and Ford explore strategic cooperation

After more than two decades of Mahindra & Mahindra joining hands with Ford to form a joint venture and subsequently ending the JV in 2005, both the automobile companies have come together again to explore a strategi...

Peter MacKenzie is Managing Director of Harley-Davidson India

Peter MacKenzie has been named the new Managing Director of Harley-Davidson India. MacKenzie assumes the role in addition to his current role as managing director for Greater China. MacKenzie will continue to based ...

Sasken Showcases ADAS Validation and ECU Consolidation

Sasken Technologies (formerly Sasken Communication Technologies), a leading product engineering and digital transformation solutions provider, recently showcased its automotive expertise with its automotive accelera...

General Motors India to cease sales in domestic market in 2017

Barely a few weeks after announcing that it is shutting operations in its plant in Halol in Gujarat, the company has now announced that General Motors India will focus on its growing vehicle export manufacturing op...

Gulf Petrochem appoints R. K. Mehra as Strategic Advisor

Gulf Petrochem Group announced that its Board of Directors has appointed Rakesh Mehra as Strategic Advisor for the group with immediate effect. Prior to being appointed, he held a number of executive positions most...

PSA Group, CK Birla Group sign two JVs with HMFCL and Avtec

PSA Group of France and CK Birla Group have signed joint-venture agreements to produce and sell vehicles and components in India by 2020. It was in 1976 that Citroën S.A. and Peugeot S.A. merged to form the PSA Peug...

Motherson Sumi to acquire Finnish company PKC Group for Rs 4160 crore

Leading global auto components major Motherson Sumi Systems Ltd (MSSL) controlled by Vivek Chaand Sehgal has announced plans to acquire PKC Group Plc of Finland for around Euros 571 million (approximately Rs 4160 cr...

CES 2017 50th Anniversary: A wrap up

No one could have ever imagined that a consumer electronics show would one day put to shame a hard core automobile show with its display of new cars and technologies. Well, with cars today stuffed with loads of elec...

Tata Motors, Castrol announce global strategic partnership

Tata Motors and Castrol have announced the signing of a three-year strategic partnership agreement for supply of Commercial Vehicle Oils to Tata Motors globally. The agreement will cover over 50 markets including SA...

Cyrus Mistry praised; Tata Nano a loss making project, admits Tatas

The slugfest between the ousted Chairman of Tata Sons Cyrus Mistry and the Tata Group is appearing to go in favour of Mistry, with the latest developments vindicating him on several stands.

Cyrus Mistry comes out with guns blazing in letter to Tata Sons’ Board

Cyrus Mistry who was ousted from his position as Chairman of Tata Sons finally came out with his guns blazing in a hard hitting letter to the Directors of Tata Sons and to the Trustees of the Tata Trusts. He said in...

Nissan completes 34pc acquisition of Mitsubishi Motors for US $ 2.28 billion

Mitsubishi Motors Corporation (MMC) has announced that Nissan Motor Co., Ltd. has become its largest shareholder after completing the purchase of 34% of MMC-issued stock for 237 billion JPY (approx US $ 2.28 billion...

Interview with Vikram Pawah, Managing Director, Harley-Davidson India

Interview with Vikram Pawah, Managing Director, Harley-Davidson India

ACMA 56th Annual session focuses on ‘Winning with Quality and Innovation’

Automotive Component Manufacturers Association of India (ACMA), the apex body of the Auto Component Industry in India, hosted its 56thAnnual Session & National Conference in the Capital with a session that focussed ...

Michael Jopp is Head, Sales and Marketing, Mercedes-Benz India

Mercedes-Benz India has announced Michael Jopp as its Vice-President of Sales and Marketing beginning August 1, 2016. The new appointment comes into effect as Boris Fitz, Vice-President, Sales and Network Developmen...

INDIAN TYRE INDUSTRY: The fatal Chinese bite

The bite of the Chinese dragon is beginning to get fatal for the Rs 50,000 crore Indian tyre industry. On the one hand while Indian tyre majors are facing a severe shortage of raw material like rubber in the countr...

Mahindra Partners’ fresh funding for US based Scoot Networks

Mahindra Partners, the $900 million private equity division of the Mahindra group, has announced that it has closed a new round of financing in Scoot Networks, an urban mobility solutions provider based in San Franc...

SAEIndia Supra gets more than 3750 entries for 2016 edition

The 5th edition of SAEIndia Supra, India’s biggest formula student competition, will be held from July 4-9, 2016 at the Buddh International Circuit in Greater Noida. This year's edition has received 3750 entries and...

Nissan-Mitsubishi alliance: Win-Win for both, Nissan wins twice, says Ghosn

Nissan Motor’s move to acquire a 34 pc equity stake in Mitsubishi Motors Corporation (MMC) will lead to a lot of advantages for Nissan as well MMC, besides reducing costs of development and introducing many more veh...

Volvo Cars planning €500m (Rs 34,129.9 crore) bond issue

Volvo Cars, the premium car maker, has announced it is seeking to raise Euros 500m (Rs 3798 crore) from a bond issue, its first foray into the global corporate bond markets in its 89 year history. The Swedish compan...

Uno Minda acquires global lighting business of Europe based Rinder Group

Automobile components manufacturer Minda Industries Ltd announced an acquisition of the global lighting business of Spain based Rinder Group that manufactures automotive lamps- head lamp, tail lamps and small lamps....

Swarm Intelligence: Continental tests the connected vehicle

Technology company Continental presented the first set of driving test results for the connected, dynamic electronic horizon (eHorizon). For vehicles it is becoming increasingly important to know what lies ahead, an...

Volkswagen sets aside $ 7.2 billion towards rectifying emission glitches

German car major Volkswagen has stated that it is setting aside a provision of some Euro 6.5 billion (approximately US $ 7.2 billion) to cover the necessary service measures pertaining to software glitches resulting...

Yamaha Motor inaugurates third manufacturing unit in India

India Yamaha Motor Pvt. Ltd. (IYM) has inaugurated its third manufacturing facility at the industrial park in Vallam Vadagal situated at the outskirts of Chennai, Tamil Nadu. The plant was inaugurated during the ope...

BHARAT FORGE LTD: Forging a Make in India Global Plan

For the Rs 7,625 crore Kalyani group controlled by Baba Kalyani, ‘Make in India” has been a way of life. For long, this group which has business interests in the fields of automotive, energy, rail, marine, aerospace...

Latest ZeroLight digital showroom technology to be demonstrated at IAA show

Visitors to the 2015 IAA Autoshow in Frankfurt will not just be seeing the latest cars being launched and showcased, but will be able to discover how digital technology will revolutionise the automotive retail proce...

South India Special Part 1: Tamil Nadu

Five states comprising Tamil Nadu, Kerala, Andhra Pradesh, Karnataka and the newly formed state of Telangana make up South India. Among these, it’s Tamil Nadu that is way ahead when it comes to its contribution to t...

South India Special Part 2: Karnataka

Karnataka is India’s eighth largest State in terms of area and 9th largest State in terms of population. Some of the prominent cities in the state are Bengaluru, Mysore, Mangalore, Belgaum, Gulbarga, Hubli-Dharwad,...

South India Special Part 4: Telangana

It was only on June 2, 2014, barely a year back that the State of Telangana was formed. It became the 29th State of the Indian Republic. The State Chief Minister K. Chandrasekhar Rao is keen to transform this small ...

Lamborghini factory attains CO2 neutral certification

Automobili Lamborghini has inaugurated new trigeneration and district heating systems, two of the main projects that lead to the Sant'Agata Bolognese company's attainment of CO2-neutral certification for the entire ...

Interview with Philipp Von Sahr, President BMW Group India

The BMW Plant Chennai started operations on March 29, 2007. The BMW Plant Chennai locally produces the BMW 1 Series, the BMW 3 Series, the BMW 3 Series Gran Turismo, the BMW 5 Series, the BMW 7 Series, the BMW X1, t...

BMW assembles cars with 50 pc local content in Chennai plant

For a luxury car company that does not believe in only numbers but gives a lot of importance to profitability, BMW India has just announced that it has increased the level of localisation of its cars at its plant in...

Record sales for Automobili Lamborghini in 2014

In the fiscal year 2014 Italian super sports car maker Automobili Lamborghini S.p.A. again improved its key financial figures and reached new records in terms of sales and turnover in its history of more than 50 yea...

Royal Enfield to manufacture 450,000 motorcycles in 2015

Having achieved the best ever sales of over 300,000 units for 2014, Royal Enfield, a division of Eicher Motors Ltd (EML) is planning to manufacture 450,000 units in 2015 with a view to becoming a leader in the glob...

BMGI Unveils White Paper on vehicle pricing

Breakthrough Management Group International (BMGI), a global consulting firm, has come out with a white paper on “Demystifying pricing in Passenger Vehicle Industry- Scientific way to stay ahead of curve”. This pap...

Mercedes-Benz India takes the BEST step forward

Having recorded sales of more than 10,000 units in calendar year 2014, Mercedes-Benz India wants to ensure that it Lives the Best. So, for 2015 Mercedes-Benz India announced its strategy founded on its brand philoso...

Interview with Rajesh Shrivastava, General Manager, Marketing & Dealer Development, Terex Equipment Pvt Ltd

Terex is a US based company which operates through five verticals and one of the verticals is Terex Construction and that is where our company belongs. We are based out of Greater Noida and what we manufacture here ...

Spyker files for voluntary financial restructuring

Dutch automobile car maker Spyker N.V., together with its wholly owned subsidiary Spyker Automobielen B.V. (collectively “Spyker” or the “Company”), filed a voluntary petition on December 2, 2014 for financial restr...

Shell seminar on tech superiority in synthetic lubes

Shell Lubricants, the global market leader in finished lubricant solutions organised a National Synthetic Lubes Seminar to showcase its technological superiority in synthetic lubricants. The company had organised a ...

Interview with Sri Krishnan, Vice President, Robert Bosch Engineering and Business Solutions Ltd.

Interview with Sri Krishnan, Vice President, Robert Bosch Engineering and Business Solutions Ltd.

New Ford Technical Support Centre in US

Ford has announced the opening of its new Ford Technical Support Centre in Concord, N.C. The centre will add an array of tools to develop future performance vehicles and help increase Ford’s overall success in motor...

Nissan global net profit Rs 23,237 cr for ’13-‘14

For the year ended March 31, 2014, Nissan Motor Co., has earned a net revenue of US $ 104.62 billion (Rs 6,26,694 crore approx.). The net income for the year stood at $3.88 billion (Rs 23,237.6 crore). Announcing th...

Ford new boss Fields transformed global operations

Mark Fields, the new bossman at Ford Motor Company is an extremely experienced man who has in the past has transformed several of Ford’s operations around the world into much stronger businesses during his 25 years ...

Interview with Joe King,Head, Audi India

Interview with Joe King,Head, Audi India

Two-wheeler dealers are optimistic: Sewells report

In a downturn in the automotive industry, the dealer fraternity is the one that gets directly impacted by the gloom. In India, the automobile industry is reeling under severe drop in sales, except for two-wheeler ma...

Mahindra Logistics receives Rs 200 cr investment

Mahindra Logistics of Mahindra Group has received an investment of Rs 200 crore for a significant minority stake from Kedaara Capital, according to a media release from the company. This is the venture capitalists’ ...

Even with a Twist, the Nano faces uncertain days

Like every businessman who starts a business, there is either success waiting for him or absolute failure. Thus, when Tata Motors bought UK based Jaguar Land Rover (JLR) it was construed as a sure short risky propos...

Ferrari employees get Rs 3.4 lakh bonus

Ferrari is not only the maker of some of the world’s most exquisite cars that can be driven at very high speeds. The company Ferrari is also about rewarding its employees. According to a company statement, Ferrari h...

Ashwani Gupta of Datsun is head, LCV dvsn, Renault

Ashwani Gupta, Global Program Director, Datsun has been assigned a new role as head of Light Commercial Vehicles division of Renault in France. Gupta was appointed Program Director of Datsun Business Unit in 2011. “...

Volvo Cars records 1919m SEK operating profit

Manufacturers of Volvo cars are now finally out of the woods. The Volvo Car Group reported a full-year operating profit of 1,919 million Swedish Kroner (MSEK) (Approx. Rs 1825 crore ) for 2013 and will stay in the ...

Lamborghini global turnover at 508m Euros

The turnover may not sound very impressive because this Italian super sports car manufacturer is a niche player in the global automotive industry. The company delivered 2121 cars worldwide in the whole of 2013 as co...

Audi meets its 2015 global sales target in 2013

The Audi Group delivered around 1.575 million cars of the Audi brand globally in 2013. The Ingolstadt (Germany) carmaker achieved new record sales and reached the target that it had set itself for 2015 – more than...

Ferrari records more revenue with lesser cars

After 2012, Ferrari’s best year of sales, the company had decided to reduce the number of vehicles sold to maintain high level of exclusivity and thus increasing their value over time. The idea worked brilliantly fo...

Interview with A. K. Taneja, Managing Director & CEO, Shriram Pistons & Rings Ltd.

Interview with A. K. Taneja, Managing Director & CEO, Shriram Pistons & Rings Ltd.

New Bosch R&D centre : Plans Rs 1200 cr investment

New Bosch R&D centre inaugurated: Plans Rs 1200 cr investment Bosch, a leading global supplier of technology and services, has inaugurated a Research & Technology Centre in India and announced a planned investment ...




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