Suzuki's Gujarat Plant reaches 1 million units production milestone

Suzuki Motor Gujarat Private Limited (SMG), a subsidiary of Suzuki Motor Corporation for the production of automobiles in India, has achieved accumulated automobile production of 1 million units on October 21, 2020.

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...

TVS Apache crosses 4 million global sales milestone

TVS Motor Company has uncorked the bubbly for reaching the 4 million global sales milestone for its premium motorcycle brand, TVS Apache. Launched in 2005, the TVS Apache series is the fastest-growing premium motorc...

eMatrixmile, Magenta to install QYK POD charging stations for EVs

A Memorandum of Understanding (MoU), has been signed between eMatrixmile India Pvt Ltd and Magenta EV Solutions Private Limited for installation and commissioning of 'QYK POD' charging stations with associated infra...

BorgWarner completes acquisition of Delphi Technologies

BorgWarner Inc has announced it has completed its acquisition of Delphi Technologies. The combination of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics pr...

Harley-Davidson to shut manufacturing unit in India

Faced with falling demand for its products in India, US motorcycle giant Harley-Davidson has announced that it is closing its manufacturing facility in Bawal in India’s north Indian state of Haryana.

Ultraviolette Automotive receives Rs 30 crore funding from TVS

Following the successful nationwide unveiling of its high-performance motorcycle - the F77, Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, announced that it had received an additional inve...

Tata Motors delivers Tata Tigor EVs to Ministry of Ayush

Tata Motors has delivered Tigor electric vehicles to the Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy (AYUSH) in Delhi, as a part of its tender with EESL. The first batch of Tigor EVs was ...

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.

Studds sets up Asia's biggest helmet manufacturing facility in Haryana

Studds Accessories Ltd., the world’s largest manufacturer of two-wheeler helmets (in terms of volumes sold in a year), has commenced operations at its new, state-of-the-art manufacturing facility at Faridabad in Har...

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...

Thierry Bolloré appointed as new Chief Executive Officer of Jaguar Land Rover

Former CEO of Groupe Renault, Thierry Bolloré has been appointed as the new Chief Executive Officer of Jaguar Land Rover, effective 10 September 2020. This announced was made by Chandrasekaran, Chairman of Tata Son...

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...

Suzuki Motorcycle India rolls out 5 millionth vehicle from Gurugram plant

Suzuki Motorcycle India rolled out its 5 millionth vehicle from its manufacturing facility at Kherki Dhaula, Gurugram. The recently launched BS6 compliant Suzuki Gixxer SF 250 became the 5 millionth celebratory unit...

Mercedes India delivers 2948 car in Jan-June 2020

Despite the raging covid-19 pandemic, Mercedes-Benz India was able to deliver 2948 new cars (retail sales) to customers in the first half of 2020 (January to June 2020). The June 2020 sales however showed first sig...

P. Vijayaraghavan of TVS  Srichakra passes away

The TVS Group has announced the passing away of P. Vijayaraghavan. “It is with profound grief and sadness that we mourn the passing and honour the life of Mr. P. Vijayaraghavan,” a company note said.

GWM, Maharashtra govt sign MoU; Commits US $ 1 billion investment in India

Great Wall Motor (GWM), a global SUV manufacturer based in China has signed an MOU with the Maharashtra government to set up a state-of-the-art automotive manufacturing facility in Talegaon, committing an investment...

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...

BMW, Mercedes-Benz, TVS, Royal Enfield, VECV, others resume production

Indian auto companies that were forced to shut their plants in the wake of the lockdown that followed the precautions against covid-19 pandemic have now started their local production at their respective plants acro...

Zero domestic sales for auto majors; Bajaj Auto, Hyundai largest exporters in April 2020

As was expected, the Indian automobile manufacturers recorded zero sales in the domestic market, while a few managed to record a handful of exports during the lockdown period of April 2020 as a result of the ongoing...

ZERO DARK APRIL 2020: Indian Auto Industry staring at Rs 92000 crore loss for 40-day lockdown

If one were to calculate by what SIAM has to say wherein each day of plant closure will trigger a loss of more than Rs 2300 crore in turnover for auto OEMS and component manufacturers, then what we are looking at i...

BMW Group India CEO Rudratej Singh (46) passes away

Rudratej Singh (46), President and Chief Executive Officer, BMW Group India passed away on April 20, 2020. The cause behind the sudden and unexpected demise is yet to be ascertained, the company said in a press rele...

Bajaj two-wheeler sales slump (-) 35pc at 210976 units in March 2020

Bajaj Auto, a leading Indian manufacturer of motorcycles and commercial three-wheelers, recorded a fall of (-) 55 per cent in sales in domestic sales of its two wheelers from 220213 in March 2019 to 98412 units in M...

Suzuki Motorcycle India records positive growth in March 2020, fiscal

Suzuki Motorcycle India Pvt. Ltd. (SMIPL) concluded the fiscal year on a positive note by registering 5.7% growth over FY2018-19.Cumulatively, SMIPL sold 790,397 units from April 2019 – March 2020, compared to 747,5...

COVID-19 PANDEMIC: Indian auto industry puts best foot forward

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

TVS March 2020 sales down by (-) 55.51pc at 144739 units

TVS Motor Company registered sales of 144,739 units in March 2020 as against 325,323 units in March 2019.

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...

Honda Cars India March 2020 growth slumps (-) 78.50% at 3697 units

Honda Cars India Ltd. (HCIL) registered its annual domestic sales of 102,016 units during FY 2019 – 20. The company’s monthly sales stood at 3,697 units in March 2020. The company had sold 183,808 units during FY 18...

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...

MG Motor India registers sale of 1518 units in March 2020

MG Motor India announced that it has recorded a total retail sale of 1518 units in March 2020. This includes 116 units of ZS EV, the country’s first pure electric internet SUV, and 1402 units of the Hector.

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...

HMIL registers 40.69 per cent fall in overall sales for March 2020 at 32279 units

Hyundai Motor India Ltd could not have ended the fiscal 2019-20 on a more disastrous note with overall sales (domestic and exports) slumping by 40.69 at 32,279 units in March 2020 as compared to 61,150 units in Marc...

Maruti Suzuki March 2020 sales fall (-) 47 pc at 83,792 units. Annual sales slump by 16pc

The lockdown resulting from the pandemic coronavirus or covid-19 has begun to reflect in the sales of vehicles for auto companies in India. Maruti Suzuki India Limited sold 83,792 units in March 2020 as compared to ...

M&M, Maruti Suzuki, Krishna Maruti, Bharat Seats gear up to make ventilators, masks

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

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...

Rapido bike taxi temporarily suspends services

As the Indian Government announced a 21-day lockdown in order to contain the coronavirus, India’s largest bike share mobility company Rapido has decided to limit its services temporarily under further notice.

Okinawa shuts down manufacturing operations

Okinawa has put all its manufacturing operations on hold until further notice amidst the Covid 19 breakout. The duration of this shut down will depend upon the government policy.

Kia Motors India temporarily suspends operations at Anantpur plant

Kia Motors India has decided to suspend all its operations with immediate effect. With this, company’s manufacturing facility in Anantapur (Andhra Pradesh) and company office premises will stop functioning until fur...

Lohia Auto halts production at Kashipur plant

As the Government announced a lockdown across various districts of the country in a bid to tackle the Coronavirus disease (Covid-19), Lohia Auto, an electric vehicle player, announced its closure of its production a...

TVS Motor Company halts manufacturing operations in India and Indonesia

TVS Motor Company has decided to halt all manufacturing operations at its plants in India and Indonesia till further notice in order to tackle the spread of COVID-19 (Coronavirus). The company has decided that all ...

India Yamaha Motor suspends operations at 3 plants in country

India Yamaha Motor (IYM) Pvt. Ltd. has taken the preventive counter-measure against the spreading coronavirus (covid-19) by suspending its manufacturing operations at its Plants in Chennai (Tamil Nadu), Surajpur (Ut...

Benelli India temporarily ceases operations at Hyderabad plant

Benelli, a leading worldwide manufacturer of premium bikes and Adishwar Auto Ride India – Mahavir Group, announced that Benelli India has shut down all operations at its manufacturing and assembly plant based out of...

Hyundai Motor India suspends manufacturing operations

Hyundai Motor India will be suspending its manufacturing operations at the Chennai facility from Monday, March 23, 2020 till further notice to stop the spread of coronavirus (COVID-19) - a global pandemic.

Auto Industry hit by coronavirus fears, as companies worldwide halt production

The global auto industry is in a recession, while the Indian auto industry has been bombarded with woes of its own. And to make matters worse for everybody, the coronavirus fears have now forced several companies to...

FCA suspends production in India in response to COVID-19 crisis

Fiat Chrysler Automobiles (FCA) together with Fiat India Automobiles Private Limited (FIAPL), FCA’s joint venture manufacturing facility in Ranjangaon, announced that it will work with the Government to temporarily ...

Hero Motocorp halts operations at all manufacturing plants globally, including India

Hero MotoCorp has decided to halt operations at all its global manufacturing facilities – including in India, Colombia and Bangladesh - and the Global Parts Centre (GPC) at Neemrana with immediate effect until March...

Honda 2Wheelers India temporarily shuts down operations

Honda Motorcycle & Scooter India Pvt. Ltd. announced precautionary measure as it diligently monitors current COVID-19 pandemic situation. The company has temporarily announced shutdown of operations across all its f...

Honda Cars India temporarily suspends production operations in Greater Noida, Tapukara

In view of the escalating COVID-19 situation and to ensure safety and well-being of all its associates, Honda Cars India Ltd. has informed its associates and suppliers that production operations at both its manufact...

Mahindra & Mahindra suspends manufacturing operations

Mahindra and Mahindra Limited announced proactive, preventive and pre-emptive measures at all their offices and manufacturing locations in India, to ensure employee safety and contain the spread of the CoronaVirus (...

Maruti Suzuki halts operations at Haryana facilities

Maruti Suzuki Ltd, the country’s largest car manufacturer has decided to close production at its plants in Haryana following the Government policy that now requires closure of such production facilities across the s...

TKM temporarily halts production in Bidadi plant, Karnataka

Toyota Kirloskar Motor (TKM) has decided to temporarily halt production in its plant in Bidadi, Karnataka till further announcement. The decision was taken keeping in mind the safety and security of the company’s em...

Warburg Pincus to invest $150 million in Apollo Tyres

The Board of Directors of Apollo Tyres Ltd has approved an issuance of compulsorily convertible preference shares in the company worth Rs 1080 crore million (approximately US$150 million) to an affiliate of Warburg ...

Ducati India appoints Bipul Chandra as new Managing Director

Luxury motorcycle brand Ducati announced a change in its management structure. With Sergi Canovas moving to an international role, Ducati Motor Holding announced Bipul Chandra as the new Managing Director of the I...

Ralf Speth to retire as CEO, Jaguar Land Rover; To continue as vice chairman of JLR

Ralf Speth has decided to retire from his current role as Executive Director and Chief Executive Officer of Jaguar Land Rover at the end of his contract term in September 2020. He will however, continue his relation...

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...

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 ...

Maruti Suzuki provides driving training to 50 lakh aspirants

Maruti Suzuki has achieved the milestone of providing state-of-the-art driving training to 50 lakh aspirants, cumulatively. The milestone includes cumulative figures of the candidates being trained in learner, refre...

CBI books former Maruti MD Jagdish Khattar in Rs 110cr PNB loan fraud

The Central Bureau of Investigation (CBI) has booked former Maruti Udyog (now Maruti Suzuki) Managing Director and founder of Carnation Auto (the company was recently sold to Mahindra First Choice Services) Jagdish ...

Mahindra announces further leadership changes

After the company announced some major board level changes and other high level management changes on December 20, 2019, Mahindra & Mahindra has now announced further leadership changes.

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

Anand Mahindra, Dr Goenka part of top M&M management restructuring

Anand Mahindra will take on the role of Non-Executive Chairman of the Board of Mahindra & Mahindra Ltd with effect from April 1, 2020. Dr. Pawan Goenka will be re-designated as Managing Director and CEO of the compa...

Honda celebrating production of 400 million motorcycles

Seventy years after the first Dream DType rolled out of the factory in 1949, Honda is celebrating its 70th anniversary of motorcycle production having produced 400 million units worldwide. Honda was founded in 1948....

JLR acquires all-terrain performance specialist Bowler in UK

Jaguar Land Rover, a Tata Motors owned company, has acquired Bowler, the UK-based manufacturer of all-terrain performance cars, parts and rally raid vehicles.

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...

Volkswagen India gets rooftop solar PV power project in India at Chakan facility

Volkswagen India Pvt Ltd (SAVWIPL) has successfully installed its largest rooftop solar PV power project in the auto Industry world-wide and one of India’s largest rooftop installation at its manufacturing facility ...

Delta Electronics India introduces E-Mobility Tech Experience Centre

Delta Electronics India, a leading Power and Energy management company, has unveiled its state-of-the-art E-Mobility Tech Experience Centre aimed at strengthening electric vehicle charging infrastructure of the coun...

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...

FADA issues legal notice to UM Lohia, management for dealers’ losses

The Federation of Automobile Dealers Association (FADA) has through its counsel Khaitan & Co, issued a legal notice to UM Lohia and its management, asking them to redress all grievances of dealers relating to the lo...

Ford hands over control to Mahindra in India through new joint venture

Ford India will be transferring its Indian operations, including its personnel and assembly plants in Chennai in Tamil Nadu and Sanand in Gujarat, as well as the Global Business Services unit, Ford Credit and Ford S...

MG Motor India retails 2,608 units of Hector in September 2019

MG Motor India has recorded retail sales of 2,608 units of the MG Hector internet car in September 2019. MG Motor India re-opened its bookings on September 29 backed by its plans to ramp up production.

As millennials brood, Maruti Suzuki Sept 2019 domestic sales slip by 27.1pc

The millennials are still brooding, or so it seems as September domestic sales of total passenger vehicles slipped by as much as (-) 27.1per cent. The company sold a total of 110454 units in September 2019 as compar...

Toyota Kirloskar Motor sells 11544 units in Aug 2019, degrows by (-) 21 per cent

Toyota Kirloskar Motor sold a total of 10701 units in the domestic market this month of August 2019. The company exported 843 units of the Etios series this month thus clocking a total of 11544 units. Toyota Kirlos...

Mahindra passenger sales down 32 per cent in Aug 2019

Mahindra & Mahindra Ltd. (M&M Ltd.) in the passenger vehicles segment (which includes UVs, Cars and Vans), sold 13,507 vehicles in August 2019, compared to 19,758 vehicles in August 2018. This is a 31.63pc drop in s...

Hyundai Motor India  domestic sales drop (-) 16.58pc in Aug 2019 at 38205 units

Hyundai Motor India registered domestic sales of 38,205 units and exports of 17,800 units with cumulative sales of 56,005 Units for the month of August 2019. The company had sold 45,801 units in Aug 2018. The degrow...

Honda Cars India registers degrowth of 51pc in domestic sales in Aug 2019 at 8,291 units

Honda Cars India Ltd. (HCIL) registered monthly domestic sales of 8,291 units in August 2019 whereas the number of export units stood at 227. The company had sold 17,020 units in domestic market in August 2018. The ...

Maruti Suzuki BS6 compliant vehicles find wide acceptance

Maruti Suzuki India Limited announced that it has received enthusiastic response from its customers for the BS6 range of vehicles.TheBS6 models offered by the company currently constitute around 70% of the total pet...

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 ...

Hyundai rolls out first Grand i10 Nios from plant

Hyundai Motor India has rolled out the third generation Grand i10, the Nios. The first Grand i10 Nios rolled out from the company’s factory in south India comes with a lot of new features and space.

Revolt Intellicorp rolls out first RV 400 electric motorcycle from Manesar Plant

The much-awaited Revolt RV 400 – India’s first AI-enabled motorcycle has been rolled out from Revolt Intellicorp’s Manesar plant. The motorcycle has been developed after two years of intensive research to localise i...

Tata Power, Tata Motors join hands to install e charging stations

Tata Power and Tata Motors have announced their partnership to install 300 fast charging stations by the end of the FY20, across key five cities namely Mumbai, Delhi, Pune, Bangalore and Hyderabad.

Toyota Kirloskar domestic sells at 10424 in July 2019; -24pc fall in sales

Toyota Kirloskar Motor sold a total of 10423 units in the domestic market in July 2019 as against 13677 units in July 2018. This meant a degrowth of 24 per cent. The company exported 868 units of the Etios series in...

Tata Motors passenger vehicle domestic sales drops 31pc at 10485 units in July 2019

Leading automobile company Tata Motors recorded a decline of 31% in passenger vehicle domestic sales at 10,485 units, as compared to July 2018 sales which is in line with the decline on the industry (31%), and as a ...

Suzuki Motorcycle India bucks sliding trend and grows 18pc in July 2019

While the entire automobile industry sales have taken a severe beating in July 2019, Suzuki Motorcycle India bucked the sliding sales trend and registered an 18 per cent sales growth in July 2019.

Honda Cars India registers 48.67pc drop in domestic sales at 10,250 units in July 2019

Honda Cars India Ltd. (HCIL) registered monthly domestic sales of 10,250 units in July 2019. The number of export units stood at 334 last month. The company had sold 19,970 units in domestic market in July 2018. Thu...

TVS Motor Company registers 12.9 pc drop in sales at 279,465 units in July 2019

TVS Motor Company registered sales of 279,465 units in July 2019 as against 321,179 units in the month of July 2018. This meant that the company recorded a dip of 12.9 per cent.

MG Motor India retails 1,508 units of Hector SUV in first month

MG Motor India announced its retail sales figure – it sold 1,508 units of the MG Hector, the country’s first internet car, in July 2019.

Mahindra passenger vehicles domestic sales in July 2019 records -15 per cent dip

Utility vehicle manufacturer Mahindra & Mahindra recorded a negative growth of 15 per cent in sales for July 2019 for its passenger vehicles division which comprises utility vehicles, cars and vans. The company sol...

Bajaj Auto domestic sales dip 15 per cent in July 2019

For the month of July 2019, leading two wheeler manufacturer recorded a negative 15 per cent growth in sales for motorcycles in the domestic market at 170978 units as compared to 201433 per cent in July 2018.

KSL Cleantech Limited, Huaihai Holding Group JV for electric vehicle business

KSL Cleantech Limited (formerly known as Kirti Solar Limted) has entered into a Joint Venture (JV) with the China’s Huaihai Holding Group, one of the largest companies in the field of electric mini vehicles.

Steelbird records 80pc growth in helmet sales following stricter govt norms for riders

With the government clamping down on makers of unbranded non ISI helmets and penalising those either not wearing helmets or wearing unbranded helmets, sale of branded helmets is now seeing an upward trend. Leading h...

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.

200 units of Tata Hexa for Bangladesh Army

Tata Motors has won an order for supplying over 200 units of the Tata Hexa four-wheel drive SUV in Bangladesh. The company has won this prestigious order from Bangladesh Army.

KSL Cleantech plans to scale up electric vehicle business

Building on the success of its solar business, Kolkata-based KSL Cleantech Ltd. (formerly known as Kirti Solar Limited), one of the largest and most experienced solar photovoltaic companies in India, is gearing up t...

UM Motorcycle to revamp business in India as sales hit zero

UM Motorcycle, a US based company, which began selling motorcycles in India sometime in 2016 and had a peak sales of 11,000 units per annum, has begun the 2019-20 financial year with a duck. Yes, both production and...

Skoda Auto India celebrates the rollout of the 100,000th Rapid

Skoda Auto India celebrates a new milestone in the company’s history: the production of the 100,000th Skoda Rapid at the Volkswagen Group production facility in Chakan, Pune. The celebratory flash red vehicle dons t...

Besides 18-year low, every passenger vehicle player registers negative growth in May 2019

While the month of May 2019 registered an 18-year low in terms of domestic sales for passenger vehicles (PV), the disturbing factor is that each and every of the 17 PV player recorded a negative growth. Such is the ...

Mahindra acquires 11.25% stake in Swiss agri-tech firm Gamaya for Rs 30.04 crore

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the Mahindra Group announced an investment of CHF 4.3 million (US$4.3 million- Rs 30.04 crore approx.) for an 11.25% stake in Switzerland based agri techn...

22Kymco to set up plant in Bhiwadi for electric, gasoline scooters

22Kymco, a joint venture between 22Motors and Kwang Yang Motor Company (Kymco) has announced setting up a manufacturing facility in Bhiwadi, Haryana.




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