Beginning of golden period for mobility sector, says PM

“India is on the move and is moving fast”, said Prime Minister Narendra Modi while addressing a programme at India’s largest and first-of-its-kind mobility exhibition - Bharat Mobility Global Expo 2024 at Bharat Man...

LMG Manufacturing GmbH inaugurates i-Force plant in Hoym, Germany

The aluminum die-casting specialist LMG Manufacturing inaugurated its new production hall in Hoym/Seeland after just ten months of construction.

BMW sells record 14,172 cars, 8768 bikes in CY 2023 in India

BMW Group India has continued its record-breaking success in 2023 by posting the best-ever annual sales (January – December) – for all three brands – BMW, MINI and BMW Motorrad. BMW Group India delivered 14,172 cars...

HMSI inaugurates new 3rd assembly line at Gujarat plant

Honda Motorcycle & Scooter India(HMSI) inaugurated a new3rd assembly line at its fourth two-wheeler plant at Vithalapur in the state of Gujarat (India)adding a capacity of 6.5 lakh units

BYD Concludes 2023 with record 3 million annual sales

BYD has concluded 2023 with record-breaking sales volume, which surpasses the 3 million annual sales target and becomes the global new energy vehicle (NEV) sales champion, for the second year in a row. This year als...

HMSI celebrates 15 million customers milestone in Western India

Honda Motorcycle & Scooter India (HMSI) has achieved a remarkable feat by crossing the 15 million customers mark in western region of India.

Tata Passenger Electric Mobility inaugurates exclusive TATA.ev stores

Tata Passenger Electric Mobility (TPEM), a subsidiary of Tata Motors launched its Tata.ev stores, catering solely to EV customers, in the prominent auto hubs of Sector 14 and Sohna Road, Gurugram. These stores will ...

India should avoid going the US way and slow down buying of SUVs

India a country with one of the highest fatal road accidents should avoid going the United States (US) way of going in for more for Sports Utility Vehicles (SUVs) as they make the roads less safe for other small c...

Honda, Mitsubishi Corporation, sign MoU to explore new businesses in EV age

Honda Motor Co and Mitsubishi Corporation (MC) have announced the signing of a memorandum of understanding (MoU) to begin discussions toward the creation of new businesses with an aim of leveraging the strengths of ...

Mercedes-Benz sells 12,768 cars in Jan-Sept 2023; registers 11% YOY growth

Luxury car maker Mercedes-Benz India announced strong sales momentum in the January-September 2023 period, delivering 12,768 new cars to customers. With a growth of 11% YTD, Mercedes-Benz continued to witness all-ro...

Revamp Moto begins production of 120 bikes at Nasik microfactory

Revamp Moto, a modular electric two-wheeler manufacturer, announced the launch of commencement of production of the first 120 bikes called the RM Buddie 25 at India’s first microfactory and the company’s facility in...

Maruti Suzuki True Value celebrates milestone of 50 lakh pre-owned car sales

Maruti Suzuki True Value has achieved a landmark milestone of selling 50 lakh pre-owned cars. Introduced in 2001, it has been a one-stop destination to buy and sell quality pre-owned cars. The hassle-free purchase a...

DriveX with Rs 12–14 crore turnover in FY23 aims 10X YOY growth

In an interview with Motown India’s Roy P Tharyan, the Co-founder & CTO, DriveX, Christopher Sargunam, talks about his company’s short journey since its initial investment from TVS. DriveX has also been co founded b...

e-Sprinto sets ambitious plans to sell 10,000 electric 2W by 2023 fiscal end

e-Sprinto has announced its ambitious plans to sell 10,000 eco-friendly electric two-wheelers by the end of the fiscal year 2023. Thus far, the bootstrapped startup has successfully sold over 5500 units of its innov...

Rajan Mittal is new President at Isuzu Motors India

Isuzu Motors India (IMI), a subsidiary of Isuzu Motors Limited, Japan, has announced key changes in the top management. The company which is headquartered in Chennai in Tamil Nadu, has a manufacturing plant in Sri C...

EV startup EVeium to open 100 plus showrooms pan India by 2023 end

EVeium, manufacturer of high-speed electric two-wheelers, has announced aggressive plans to open 100-plus showrooms pan India by the end of the year 2023.

Rs 14 crore gift from TVS Motor Company for WMG, University of Warwick

A substantial gift of 1.5 million British pounds (approx Rs 14 crore) from TVS Motor Company will help create a crucial new Professorial post in WMG, University of Warwick - the Lord Bhattacharyya Chair in Engineeri...

Audi India bolsters EV charging infrastructure

Audi India has successfully installed 100+ chargers across 60+ cities in the country – this includes all Audi India dealerships, workshop facilities and select SAVWIPL Group brand dealerships located across strategi...

Honda Amaze crosses 5 lakh cumulative sales milestone

Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, announced that its popular family sedan Honda Amaze has cumulatively sold 5 lakh units since its first introduction in 2013. The car, pres...

PM lays foundation stone for Suzuki electric vehicle battery plant

Maruti Suzuki India commenced the celebrations of ’40 years of Suzuki’s partnership with the people of India’. The commemorative ceremony at Mahatma Mandir, Gandhinagar, Gujarat was graced by Prime Minister of India...

BLive partners with Elocity, Canada to boost EV charging network

BLive, India’s first multi-brand electric vehicle (EV) selling platform, and Elocity, a leading Canada-based pioneer in EV charging technology solutions have signed a Memorandum of Understanding (MoU) to partner on ...

Hero MotoCorp sells 4.46 lakh units of 2 wheelers in July 2022

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 445,580 units in July 2022.

Volvo Group launches green castings for engines globally from India

Volvo Group is committed to becoming a climate neutral company by 2040 and this includes its supply chain and global suppliers from India. As a key milestone in this journey, Volvo Group in India launched the first ...

Two-Wheeler Electrification in India: Challenges & Opportunities

India has the world’s largest and fastest growing two-wheeler market. It is the cheapest and quickest form of local travel. Forecasts peg the number of vehicles sold annually to reach 26.6 million units by 2025.

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.

In a first, electric car Nexon EV from Tata Motors catches fire

A Tata Nexon electric car caught fire in Vasai area in Mumbai, Maharashtra late June 22, 2022. Incidentally, the Nexon EV is the highest selling electric car in India. Though in the recent past there have been sever...

Okinawa Autotech to set up third ‘mega’ plant in Rajasthan for EVs

Okinawa Autotech, India’s No-1 selling electric two-wheeler brand has announced the setting up of a mega factory in Karoli, Rajasthan. It will be one of the most comprehensive units and the first such attempt made ...

Lamborghini Urus achieves record 20,000 units in four years

Automobili Lamborghini has added a new record to its list with its super SUV Urus, as the best-selling model in the shortest time ever.

Okinawa Autotech signs JV agreement with Tacita of Italy

Leading Indian electric two wheeler manufacturer Okinawa Autotech has signed a joint venture agreement with Tacita, an Italian manufacturer of electric performance and cruiser motorcycles. The new company, born from...

Advik Hi-Tech, Pure Hydrogen JV in India to produce hydrogen fuel

Indian global automotive components manufacturer Advik Hi-Tech Private Limited”) has announced that it has signed a Joint Venture (JV) with Australian clean energy Company Pure Hydrogen Corporation Limited.

Ather sells 3779 units of electric two wheelers in April 2022

Electric two wheeler manufacturer Ather Energy sold 3779 units in April 2022, recording a 255 per cent growth compared to April 2021. The company rolled out a new OTA upgrade to offer a new SmartEco mode.

Bridgestone India Inaugurates Institute for Mobility Solutions

Tyre major Bridgestone India has inaugurated a first-of-its-kind Mobility Solutions Institute in India. Through this state-of-the-art facility, the company aims to enable their various stakeholders, employees, deale...

MSTI: Where a scrapped vehicle is laid to rest and recycled

Maruti Suzuki India Ltd (MSIL), the largest car makers in the country is now into the crushing business. Maruti Suzuki Toyotsu India Private Limited is a 50:50 joint venture between Maruti Suzuki India Limited and T...

Kinetic Green, AIMA partner to co-develop electric two-wheelers for India

Kinetic Green Energy & Power Solutions, India’s leading EV company, has today announced that they are entering into a collaboration with global electric vehicle giant, Aima Technology Group, to co-design and develop...

LML Electric ties up with Saera Electric, makers of Yogo bikes

LML Electric, a company owned and controlled by Yogesh Bhatia (the man behind Detel electric bikes) has announced a strategic partnership with New Delhi based Saera Electric Auto, a sister concern of Satra Group of ...

Mercedes Benz leads in luxury car sales in India with 11,242 units in 2021

Luxury car brand Mercedes-Benz continued its firm leadership position in the country’s luxury car segment for a record seventh year in a row. In a pandemic hit 2021 calendar year, Mercedes-Benz India delivered 11,24...

High speed e-two wheeler sales jump 425pc, grabs 61pc of E2W market

The year 2021 has clearly shown that Indians have begun to prefer registered high speed electric two wheelers (E2W) as compared to non-registered low speed two wheelers. Thus, while registered high speed two wheeler...

BMW Motorrad India sells 5,191 motorcycles in 2021; grows 102.5%

BMW Motorrad India sold 5,191 motorcycles in the year 2021, posting a growth of 102.5% as compared to 2020.

Tata Motors sales only silver lining in depressing Dec 21 domestic numbers

Though Maruti Suzuki continues to lead the pack of four-wheel passenger vehicle companies in India when it comes to December 2021 domestic sales, its numbers too fell for the month along with several other companies...

Okinawa Autotech achieves 1,00,000+ domestic sales in 2021

Okinawa Autotech electric two-wheeler manufacturer has surpassed 100,000 domestic sales of its high-speed and low-speed models. The sales momentum this year has primarily been driven by the hugely popular and locall...

E-bike sales will continue to increase rapidly in coming years

The India e-bike market was valued at USD 1.02 million in 2020, and it is expected to reach USD 30 million by 2026.

2nd Gen Honda Amaze crosses milestone of 200,000 deliveries in India

Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, announced that the 2nd generation model of its popular family sedan Honda Amaze has crossed milestone of 200,000 deliveries in India sin...

Sports icon Sachin Tendulkar invests in Spinny car rental platform

Spinny, the pioneering full stack online-to-offline user car retail platform, has partnered with Indian sporting legend Sachin Tendulkar. Sachin is a strategic investor in the company, as well as lead brand endorser...

Hero Electric sells 7000 high-speed E2W in November 2021

Hero Electric, India’s largest electric two-wheeler company, continued its growth momentum with record sales of over 7,000 units in November 2021, according to the most recent report by JMK Research and VAHAN dashbo...

Spinny raises USD 283 million in Series E round of funding

Spinny, a used car retailing platform in India, has announced the closure of a USD 283 million Series E funding round from new and existing investors. The round was led by Abu Dhabi based - ADQ, Tiger Global and Ave...

Millennials, Gen Z appetite for used cars on the rise: Cars24 Ipsos Report

Ever wondered why sale of new cars has been sliding in the recent past in India? Could it be because of the increased preference among millennials and Gen Z for used cars? Young buyers, who account for 80% of buyers...

MG Motor India, Clean Max partner for wind solar hybrid energy

MG Motor India has partnered with Clean Max Enviro Energy Solutions Pvt Ltd (Clean Max), Asia’s most trusted sustainability partner, for the supply of 4.85 MW of wind-solar hybrid power to MG’s manufacturing facilit...

Volkswagen announces start of production of new Tiguan in India

Volkswagen Passenger Cars India announced the start of production of its latest SUVW, the new Tiguan at its Aurangabad plant. With this, Brand Volkswagen fulfils its commitment of launching four new SUVWs by 2021 in...

Cars24 to launch Mega Refurbishment Labs in major Indian cities

Cars24, a leading e-commerce platform for pre-owned vehicles, has announced the launch of seven company-owned refurbishment centres called Mega Refurbishment Labs (MRLs) this year. These MRLs will be set up across 3...

Spinny sees an uptake in online sales of used cars

Entering the festive season with cheer, full-stack used-car retailing platform Spinny sold more than 80% of cars online during the Navratri period with more than 200 car deliveries on the second day of Navratri. Br...

DETEL STORY: Phones, televisions & now an electric 2 wheeler for masses

Dr Yogesh Bhatia, CEO & Managing Director of SG Corporate Mobility Pvt.Ltd is someone who has been fulfilling the dreams and aspirations of the masses. From being a seller of SIM cards, branded mobile phones and ele...

Hero Electric to hike production capacity to over 5 lakh by March 2022

Hero Electric, India’s largest EV two wheeler maker, is expanding capacity of its all new production facility in Ludhiana owing to growing demand being witnessed by the brand. With this initiative, Hero Electric aim...

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...

Detel owners buy LML brand to form LML Electric India Ltd

LML Ltd, the erstwhile Kanpur (UP) based two wheeler manufacturer owned by the Singhania family is now the property of Yogesh Bhatia controlled SG Corporate Mobility Pvt.Ltd. SG Corporate owns Detel, the flagship b...

Kia sells 2 lakh Seltos SUVs in 2 years; Adds 1.5 lakh connected cars to Indian roads

Kia India is celebrating two years of its India operations with three back-to-back milestones in a row. Soon after achieving the tag of the fastest carmaker to record three lakh sales in India, Kia has touched the t...

10,000th Tata Safari rolls out of manufacturing facility

Automobile major Tata Motors has rolled out the10,000th unit of the all new Safari from its manufacturing facility in Pune. Despite all restrictions, after the 100th rollout in February 2021, the last 9,900 units o...

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.

Hero Electric raises Rs.220 crore from GII and existing investor OAKS

Hero Electric Vehicles has announced the first part of their Series B funding of Rs.220 crore. Gulf Islamic Investments (GII) led the round along with participation from OAKS.

Cars24 plans US $100m investment in key overseas markets

Cars24, a leading e-commerce platform for pre-owned vehicles and operating in over 130 cities in India is set to further strengthen its foothold in the Southeast Asian and Middle East markets in 2021. The company r...

Electric 2 and 3 wheeler makers give thumbs up to FAME II subsidy hike

The electric vehicle industry has welcomed the Indian Government's move to increase subsidy to electric bikes and scooters by 50%, subject to those that meet the Faster Adoption and Manufacturing of Hybrid and Elect...

Hindustan Motors, Hind Motor Railway Station and the iconic Ambassador

Can you recall any Indian automobile manufacturer that has a railway station named after it? Yes, the iconic Hindustan Motors Ltd. (HML) has one named after it and it goes by the name of “Hind Motor” railway station...

Tata Motors rolls out 2,00,000th Nexon compact SUV at Pune plant

Tata Motors has rolled out the 2,00,000th Nexon from its Ranjangaon facility in Pune. Since the 150K roll out in November 2020, the last 50K units have been recorded in less than 6 months, with demand outpacing supp...

First 100 BYD Tang SUVs set sail for Norway

BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, and one of the first to produce one million electric passenger cars globally, has shipped the first 100 European-specification BYD Tang SUVs for custom...

Okinawa Autotech aims to clock Rs 465 crore revenue in FY 22

Okinawa Autotech, a leading electric vehicle (EV) manufacturer has announced a range of milestones achieved over the last financial year, as well as the roadmap for the ongoing financial year. The company clocked a...

TVS Motor Company appoints new leadership team at Norton Motorcycle

TVS Motor Company (TVS), owner of Norton Motorcycle Co Ltd (Norton) has announced the appointment of Dr Robert Hentschel as Chief Executive Officer (CEO) and Vittorio Urciuoli as Chief Technical Officer (CTO) of the...

Kia India gets new company logo & slogan ‘Movement that inspires’

Changing its name from Kia Motors India to Kia India, this wholly owned subsidiary of Kia Corporation of South Korea has announced the relaunch of its brand in India with a focus on illuminating its transition from...

Mercedes-Benz India sells 3193 units in Q1 2021, up 34pc

Luxury car maker Mercedes-Benz India announced that it sold 3193 new cars in the January-March 2021 period, hinting at a strong recovery ahead.

Maruti Suzuki Vitara Brezza becomes India’s fastest selling compact SUV

Maruti Suzuki Vitara Brezza has clocked six lakh sales within a short time span of five years.

Truck man Marc Llistosella is now car man too; New CEO & MD of Tata Motors

Marc Llistosella has been appointed to the role of Chief Executive Officer and Managing Director of Tata Motors company effective July 1, 2021.

Stellantis begins its journey with new Board of Directors AUTO INDUSTRY NEWS

Finally and formally two major car companies of the world, Peugeot S.A. (Groupe PSA) of France and Fiat Chrysler Automobiles N.V (FCA) of Italy, have merged and a new entity has emerged, Stellantis. The word Stellan...

Mercedes-Benz India sells 7893 cars in Jan-Dec 2020

In a pandemic hit year, Mercedes-Benz India handed over 7893 new cars to its customers in the January-December 2020 period. (These are retail sales).

BMW Group India sells 6092 BMW cars, 512 MINI cars in 2020.

BMW India sprints ahead at the end of a difficult year amidst adverse market conditions with 6,092 units.

AUTO COMPONENTS: ACMA Automechanika New Delhi 2021 to go hybrid

ACMA Automechanika New Delhi is all set to go hybrid from 2021. Messe Frankfurt India together with Auto Component Manufacturers of India (ACMA) have announced that the 5th edition through its new dynamic digital mo...

Slew of Jeep SUVs in India soon as FCA India lines up $250m Investment

Fiat Chrysler Automobiles or FCA as it is known has announced an expansion to the local product lineup in India, confirming that an investment of over $250 million (Rs 1828 crore approximately) has been committed to...

Honda Shine brand crosses 90 lakh plus sales milestone

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) brand Shine, its 125cc motorcycle has now crossed 90 lakh sales since its launch in the year 2006. The Shine motorcycle enjoys the highest market share of 39 per cen...

Harley- Davidson begins new journey in India with Hero MotoCorp

A month after US motorcycle major Harley-Davidson announced its decision to shut its manufacturing unit in India, comes the news that Harley-Davidson and India’s leading motorcycle and scooter manufacturer Hero Moto...

Maruti Suzuki Alto continues strong after 20 years with record sales

Maruti Suzuki is on a record-breaking spree. Every other day it’s been achieving new sales milestones and now it’s the turn of the Maruti Suzuki Alto to contribute to this journey. The humble Alto has completed 20 y...

Maruti Suzuki WagonR is highest selling CNG vehicle in country

The Maruti Suzuki WagonR S-CNG has emerged as the highest selling CNG vehicle in the country by surpassing 3 lakh units in sales, making it the most successful CNG car across all passenger vehicle segments.

Interview with KN Gupta, Joint MD, Maclite (Super Nova Autolite Pvt Ltd)

KN GUPTA, Joint Managing Director, Maclite (Super Nova Autolite Pvt Ltd) & MD, SKNG Business Solutions Pvt Ltd reveals in an interview with Motown India Editor Roy P. Tharyan, that the auto industry in India is toda...

Tata Motors rolls out 1000th Nexon EV

Tata Motors announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune.

Maruti Suzuki Alto celebrates 40 lakh cumulative sales

Consistently setting benchmarks in the Indian automobile industry, Maruti Suzuki Alto has reached an enviable milestone of 40 lakh cumulative sales. Alto is the preferred choice of Indian car buyers with 76% of Alto...

Honda Amaze crosses 4 lakh cumulative sales milestone in India

The Honda Amaze sedan from Honda Cars India has cumulatively sold 4 lakh units since its first introduction in the country in 2013. The Amaze, now in its second-generation, is currently Honda’s largest selling model...

Kia Motors India is fastest among manufacturer to reach 1 lakh sales milestone

Kia Motors India has achieved the historic milestone of 1 lakh cumulative sales in the Indian market. The company becomes the fastest among other ca manufacturers to reach this landmark in just eleven months since t...

Luxury Ride expects 60pc revenues from online sales of pre-owned luxury cars

With social distancing the norm of the day during the prevailing covid-19 pandemic, Luxury Ride, a growing chain of pre-owned luxury cars, announced that it is expecting as much as 60% of all its revenues to come fr...

STELLANTIS is the new group name post merger of FCA, Groupe PSA

As both Fiat Chrysler Automobiles N.V. and Peugeot S.A. ("Groupe PSA") move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, the two companies have...

Maruti Suzuki Alto continues its leadership for 16 consecutive years

Maruti Suzuki Alto has been crowned India’s best-selling car for 16 years in a row. Launched in September 2000, Alto witnessed a consistent rise in popularity over the years to become a symbol of pride for the Indi...

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...

Toyota Kirloskar sells 8022 units in March 2020

Having successfully liquidated all its BS4 stocks even at the dealership level, TKM sold a total of 7023 units of BS6 vehicles to its dealers (wholesales) in the month of March 2020. To lessen the burden on its deal...

Kia Motors India sells 8583 units in March 2020, Emerges as No.3 car manufacturers in country

Kia Motors India, wholly-owned subsidiary of Kia Motors Corporation, sold 8,583 units for the month of March 2020. The company sold 7,466 units of Seltos and 1,117 units of Carnival during the month. While Kia Motor...

Tata Motors sells 5676 units of passenger vehicles, degrowing  (-) 68 per cent

Like all vehicle manufacturers in the country, Tata Motors too posted miserable sales for its passenger vehicles for the month of March 2020. The company sold 5676 units as compared to 17810 units in March 2019. Thi...

M&M sells 3384 passenger vehicle units in March 2020, slump of 88pc

Mahindra & Mahindra Ltd. (M&M Ltd.) sold a total of 3384 units of passenger vehicles in March 2020 (domestic as well as exports) as compared to 27,646 units in the corresponding period last year. This meant, the co...

Shriram Automall acquires Bluejack, an  online car  auction platform

Shriram Automall India Limited (SAMIL) which is backed by Shriram Group & CarTrade, has acquired BlueJack, an online car selling portal in a bid to accelerate its offline auction market position with online used ca...

Varroc to manufacture EV Battery Management Systems for Danish company

Varroc Engineering Limited, a global Tier-1 auto component supplier, has entered an agreement to manufacture EV Battery Management System (BMS) in India for Lithium Balance, a Danish BMS solutions provider.

Hero Cycles acquires German e-bike pioneers HNF Group

Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...

First Valeo Electrical Shoppe launched in Bengaluru

Valeo, the global automotive technology supplier has set-up Valeo Electrical Shoppe in Bengaluru, an exclusive service facility for “High-end Auto Electrical Components” in the country. Through Valeo Electrical Shop...

Maruti Suzuki Ertiga clocks 500,000 sales in 8 years

Clocking cumulative sales of 5 lakh units in eight years, Maruti Suzuki Ertiga has emerged as India’s best-selling urban MPV. Brand Ertiga has found widespread acceptance among its customers

Maruti Suzuki WagonR going strong for last 20 years in India

The iconic Maruti Suzuki WagonR, owned by over 24 lakh families, has completed two decades since its launch in 1999. Consistently featured amongst India’s 10 top selling cars in the last 20 years, WagonR has success...

Besides selling cars, Cars24 now offers buying option too

Cars24, a leading tech platform for used cars, was till recently a very popular platform for people to sell their used cars. Now the company has announced that consumers can buy cars from its platform. It will now o...

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...

Mahindra Two Wheelers Europe to acquire 100pc Peugeot Motocycles

Mahindra Two Wheelers Europe, a subsidiary of Mahindra & Mahindra Ltd. (M&M Ltd), will be acquiring all outstanding shares in Peugeot Motocycles (PMTC), taking its share to a complete 100pc. Peugeot Motocycles, a ma...




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