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 ...

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.

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...

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...

Rakesh Srivastava is new Managing Director of Nissan India

Nissan announced the appointment of Rakesh Srivastava as Managing Director, Nissan Motor India Pvt. Ltd (NMIPL), reporting to Sinan Ozkok, President of Nissan India Operations.

Gadkari leaves behind a belligerent tone and assures auto industry

For Union Minister Nitin Gadkari, it’s been a journey from taking on a confrontationist attitude to one of being benign and accommodating. At the 59th Annual Convention of the Society of Indian Automobile Manufactu...

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 ...

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.

Guardians to be jailed, fined for offences by juveniles driving vehicles

Very soon, traffic violations will invite huge penalties for motorists in India as the Motor Vehicles (Amendment) Bill, 2019 was passed by Rajya Sabha.

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.

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...

Rudratej Singh appointed President & CEO, BMW Group India.

Rudratej Singh has been appointed as the President and Chief Executive Officer of BMW Group India effective 1 August 2019. Rudratej ‘Rudy’ Singh brings more than 25 years of experience and has held multiple leadersh...

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...

FCA withdraws merger proposal to Groupe Renault

The Board of Fiat Chrysler Automobiles which met under the Chairmanship of John Elkann, has resolved to withdraw with immediate effect its merger proposal made to Groupe Renault.

Jaguar Land Rover, BMW Group announce collaboration for next gen electrification technology

Jaguar Land Rover and BMW Group have confirmed they are joining forces to develop next generation Electric Drive Units (EDUs) in a move that will support the advancement of electrification technologies, a central pa...

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...

Flash Electronics files suit in U.S against Royal Enfield for patent infringement

Flash Electronics India Ltd, a leading electronic and electric auto components player has filed a law suit against Royal Enfield challenging patent infringement in the US regarding production of an important compone...

MG Motor India commences commercial production of Hector from Gujarat

MG (Morris Garages) Motor India, part of the mammoth China based SAIC Group, rolled out the first production version of Hector from its state-of-the-art facility at Halol in Gujarat. Hector, MG’s first car in India,...

Mahindra and Ford set to develop a compact SUV

Mahindra Group and Ford Motor Company have taken the next step in strengthening their ongoing strategic alliance in India with a definitive agreement to co-develop a midsize sports utility vehicle (SUV). Under the n...

Volkswagen Group to merge all passenger car entities in India

The Volkswagen Group has announced its intent to merge its three Indian subsidiaries: Volkswagen India Private Ltd (VWIPL), Volkswagen Group Sales India Private Ltd (NSC) and Skoda Auto India Private Ltd (SAIPL). Th...

‘Ambassador’ name will be used very respectfully, says Linda Jackson

Even though reports suggest that Groupe PSA would be using the iconic ‘Ambassador’ name for its electric vehicles in India in the future, there was no official confirmation on it during the unveiling of the Citroen ...

Mahindra Logistics successfully trains 10000 drivers across India

Mahindra Logistics, the largest 3PL solutions providers in the Indian logistics industry, successfully trained 10000 drivers across India as a part of Pradhan Mantri Kaushal Vikas Yojana (PMVKY). The training, condu...

Hyundai, Kia invest Rs 2062 crore in India’s mobility service provider Ola

Hyundai Motor Group and Ola, one of the world’s largest ride-hailing platforms, announced a strategic partnership under which Hyundai Motor Company (Hyundai) and Kia Motors Corporation (Kia) will make their biggest ...

Volvo Cars named as one of the world’s most ethical companies in 2019

Now this is an award that needs to be cherished and respected. Volvo Cars has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a ...

SIAM hosts 13th edition of Styling and Design Conclave

The 13th SIAM Styling and Design Conclave and 11th Automotive Design Challenge organised by the Society of Indian Automobile Manufacturers (SIAM) based on the theme: ‘Shaping Tomorrow’s Mobility Business’ saw a myri...

Harley-Davidson celebrates 10 year anniversary in India

Harley-Davidson is celebrating 10 years in India. It was 10 years ago that the brand established a subsidiary in India, enabling thousands of Indian riders to fulfil their dreams of personal freedom.

Venkatram Mamillapalle is new MD of Renault India from March 1, 2019

Venkatram Mamillapalle will takeover as Managing Director for Renault India Private Limited and Head of Renault Operations in India from Sumit Sawhney, effective March 1, 2019. Sawhney will be moving to a new positi...

Nippon Paint X’press car paint concept centre launched

In an industry first initiative, Nippon Paint, Asia’s leading paint manufacturer has announced the launch of Nippon Paint X’press, its unique car painting and car care centre concept in India. The first Nippon Paint...

Skoda, Volkswagen Group India inaugurate the new Tech Centre in Pune

Skoda and Volkswagen Group India have inaugurated a new Technology Centre in Pune, India. The opening ceremony was attended by Czech Prime Minister Andrej Babis and other government officials. On behalf of the Volks...

Kia hands over vehicle fleet for Australian Open 2019; Ties up with Yes Bank in India

Kia Motors Corporation has supplied a fleet of vehicles for the Australian Open 2019, marking the 18th consecutive year of Kia’s role as the major sponsor for the Grand Slam of the Asia-Pacific. The official vehicl...

Rear seat belt usage among Indian car occupants is dismal, reveals Nissan-Save LIFE study

A new research report by Nissan India and Save LIFE Foundation brought attention to the startling number of Indians compromising their own but also their children’s safety. Released by Nitin Gadkari, Union Minister ...

Cero (Mahindra MSTC Recycling Pvt. Ltd.) is India’s first authorised recycler of vehicles

Cero (Mahindra MSTC Recycling Pvt. Ltd.) has become India’s first authorised recycler for motor vehicles, having received accreditation by the Delhi Government on December 21, 2018. Cero, a joint venture between Mah...

Advik Group conducts groundbreaking ceremony for its 9th plant

Advik Hi-Tech, a leading global automotive component manufacturer signaled the expansion of its global production network with the groundbreaking ceremony for its 9th plant and its 3rd in Pune. With this addition, t...

International Passive Safety Seminar calls for road safety and safe vehicles

The 2nd International Passive Safety Seminar (iPASS-2018) was conducted at ICAT, Manesar on December 13 and 14, 2018. The theme of the seminar was “Safe Vehicle, Safe Life”. The seminar aimed to spread the awareness...

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 ...

Mahindra First Choice Services buys key assets of Carnation Auto

Mahindra First Choice Services (MFC Services) has entered into an asset acquisition agreement with the official liquidator of Carnation Auto (India) Pvt. Ltd. (CAPL). As a result, MFC Services will acquire key asset...

Indian Motorcycle to organise IMRG National Ride in Goa

Indian Motorcycle will be organising one of biggest motorcycle gathering during the Indian Motorcycle Riders Group (IMRG) National Ride in Goa. Indian Motorcycle will be bringing ‘Wheels of Change’ for girl students...

Hero Electric unveils the third chapter of Super Sikh Run

Hero Electric, manufacturers of electric two- wheelers, unveiled the third chapter of Super Sikh Run in an event at the capital. Over the years Super Sikh Run has successfully managed to carry out Half Marathons whi...

Gurpratap is now MD of Skoda and Volkswagen in India

As part of the ‘India 2.0’ project, the Volkswagen Group plans to sustainably strengthen its position in the Indian market. The Volkswagen Group in India is restructuring its management as a result of which Gurprata...

Nissan Chairman Carlos Ghosn faces arrest, says Japanese newspaper

After the massive scandal that rocked the Volkswagen Group over doctored diesel emissions a few years ago, here comes another one involving the top man of Renault-Nissan-Mitsubishi Alliance Carlos Ghosn for financia...

Indian technician wins Jaguar Land Rover Global Award

Sajeesh Kumar, a technician working with Muthoot Motors, a part of the Muthoot Pappachan Group (MPG), (also called as Muthoot Blue), won the coveted Global Technician of the Year 2018 Jaguar Land Rover Award at a ce...

TVS Apache RTR 160 4v launched in Bangladesh

TVS Motor Company has launched the TVS Apache RTR 160 4v in Bangladesh. The TVS Apache RTR 160 4V will be the flagship offering of the brand in the country. The TVS Apache RTR 160 4v is based on the six-time Indian...

Hyundai ‘Be The Better Guy’ campaign for road safety

Hyundai Motor India Ltd. (HMIL) has released the road safety film aimed towards safe driving practices. This film marks the phase III of #BeTheBetterGuy road safety initiative by Hyundai since 2016 and highlights th...

TVS Motor Company elevates K N Radhakrishnan as Director & CEO

TVS Motor Company has appointed K N Radhakrishnan as Whole Time Director of the Company. He will hold offic

Mahindra Introduces leasing for retail buyers

Mahindra & Mahindra Ltd (M&M Ltd) has announced the introduction of leasing for retail buyers, a unique ownership experience for customers of its personal range of vehicles. This offering has been designed at a mont...

Mahindra First Choice Wheels enters premium used cars business with ‘Edition’

Mahindra First Choice Wheels, India’s leading multi-brand certified used car company has launched its “Edition” brand, the country’s first premium used cars franchise network.

Pavel Richter is Production Technical Director of Skoda led ‘INDIA 2.0’ project

Pavel Richter will be assuming the role of Production Technical Director of the Skoda led INDIA 2.0 project of the Volkswagen Group. The 46-year-old will be responsible for the production of all the models at the pl...

Hyundai invests into Swiss tech startup WayRay AG

Hyundai Motor Company has announced a new strategic investment into Swiss deep-tech startup WayRay AG to expedite the development of holographic augmented reality (AR) navigation system for future vehicles, aiming t...

Mahindra Logistics introduces Electric Vehicles for employee commute in Kerala

Mahindra Logistics (MLL), one of India’s largest 3PL solution providers, has introduced Electric Vehicles (EV) to its fleet of employee transportation vehicles in Kerala. The vehicles are eVerito models of Mahindra ...

Motorcycle brand TVS Apache crosses 3 million sales milestone

TVS Motor Company announced that its premium motorcycle brand, TVS Apache has crossed a key sales milestone of 3 million units. Launched in 2005, the TVS Apache series of motorcycles is considered to be the fastest...

Zac Hollis appointed new Director – Sales, Service & Marketing, Skoda Auto India

Skoda Auto India announced the appointment of Zac Hollis as the Director – Sales, Service & Marketing at Skoda Auto India Private Ltd. He will take charge with effect from November 1, 2018.

Nikhil Nanda appointed Chairman, Managing Director of Escorts Ltd

The Board of Directors of Escorts Limited has appointed Nikhil Nanda as the Chairman and Managing Director of the company. Nikhil Nanda has succeeded Rajan Nanda, former Chairman and Managing Director of Escorts Lim...

Escorts Chairman Rajan Nanda passes away

Rajan Nanda, Chairman and Managing Director of the Escorts Limited, passed away on August 5, 2018 after a brief illness. He was 76 years. Nanda joined Escorts in 1965 at the age of 23, and in 1994, he took over as t...

FCA files trade complaint against Mahindra in US; Says Roxor is a copy of Jeep

Automotive major Fiat Chrysler Automobiles (FCA) has filed a trade complaint against the Anand Mahindra-controlled Mahindra & Mahindra (M&M) seeking to stop the latter from selling the Roxor off-road vehicle in the ...

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...

Vikram Pawah appointed as CEO of BMW Group in Australia and New Zealand

Vikram Pawah has been appointed as the CEO of BMW Group Australia and New Zealand and has been promoted as the Chairman of BMW Group India.

BMW, Great Wall Motor sign JV agreement for MINI electric vehicles in China

The BMW Group and Chinese manufacturer Great Wall Motor have signed an agreement to produce MINI electric vehicles through a new 50:50 joint venture based in China. During an event for autonomous and connected drivi...

Volkswagen Group led by Skoda Auto to invest Rs 7900 crore in India 2.0 project

Global car major Volkswagen will be investing Euros 1 billion (Rs 7900 crore) in India for its India 2.0 project which was announced by the group recently. This money will be used to develop new Skoda models based o...

Volkswagen Group entrusts Skoda Auto with major role in India 2.0 project

India’s largest car manufacturer Volkswagen has entrusted Skoda Auto in India to play a major role in the overall growth of its products in India as part of the group’s India 2.0 project. The Volkswagen Group compri...

Audi and Hyundai plan to develop fuel cell technology

Audi AG and Hyundai Motor Group are driving the development of fuel cell technology. The two companies plan to cross-license patents and grant access to non-competitive components. The agreement is currently subject...

Abraham Schot comes in place of Rupert Stadler at Audi AG

The Supervisory Board of Audi AG has decided to transfer the duties of the Board of Management Chairman to Abraham Schot on a temporary basis with immediate effect. As reported earlier, Audi CEO Rupert Stadler was t...

Audi CEO Rupert Stadler arrested in Germany

Rupert Stadler, CEO of Audi, one of the largest luxury car majors and part of the Volkswagen Group was arrested in Munich on June 18, 2018 in connection with the diesel scam that rocked Volkswagen and the automobil...

Maruti Suzuki Swift clock sales of 1-lakh units in 145 days, the fastest for a car in India

The all-new Swift from Maruti Suzuki has attained a spectacular milestone of one-lakh unit sales in 145 days. This is the fastest 100,000 units for any car in India. The third generation Swift has received overwhelm...

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...

Mahindra signs MOUs with Maharashtra Govt. for EV manufacture and deployment

Mahindra & Mahindra Ltd has signed two Memoranda of Understanding (MoUs) with the Government of Maharashtra (GoM), to further its next phase of expansion in electric vehicles (EVs) and achieve its vision of becoming...

Tata Motors signs MoU with Maharashtra to promote e-mobility in State

As part of the World Environment Day celebrations, Tata Motors signed a Memorandum of Understanding (MoU) with the State Government of Maharashtra for deployment of 1000 Electric Vehicles (EV) across its range of p...

Daimler DigitalLife Day, a 2-day digital extravaganza held in India

Following three successive editions in Germany, Daimler DigitalLife Day was held in Bangalore, hosted by Mercedes-Benz Research & Development India (MBRDI). Around 3,000 attended the two-day annual digital extravaga...

Safe, clean, affordable, shared and smart mobility mooted

There is an urgent need in India for development of mobility that is safe, clean, affordable, shared and smart. And in order to achieve this, several steps need to be taken by the government and other stakeholders. ...

Large orders for Volvo XC40 prompt company to expand production

Sweden based Volvo Cars, the premium car maker, has received almost 80,000 orders for the new award-winning XC40 small SUV and is expanding production in Europe and China in order to meet demand.

Audi plans to sell 800,000 electrified cars in 2025

Audi aims to sell approximately 800,000 fully electric cars and plug-in hybrids in the year 2025. At the Annual General Meeting of AUDI AG held on May 9, 2018, the Board of Management presented the updated “Audi.Vor...

Vishal Sharma is CEO, Schenker India–India & Indian Sub-continent

Schenker India Pvt. Ltd, part of DB Schenker, the transport and logistics division of the Deutsche Bahn Group, has appointed Vishal Sharma as the New Chief Executive Officer – India and the Indian sub-continent, wit...

Anthill Ventures invests in Uniti electric car for Indian roads

Anthill Ventures, an investment and scaling platform for early growth stage startups that want to scale with speed, has announced its investment in Uniti, a Swedish urban mobility electric car startup. This investme...

Mahindra Electric, Meru join hands to deploy eVerito taxis in Hyderabad

On the occasion of Earth Day, Mahindra Electric, part of the Mahindra Group and Meru, the tech enabled cab services, announced a collaboration for a pilot EV project in Hyderabad with the intention to replicate the ...

Mahindra launches Automobili Pininfarina, a luxury car brand

After acquiring the Italian design house Pinifarina sometime back, Mahindra & Mahindra has announced the launch of Automobili Pininfarina, the world’s newest sustainable luxury car brand. Automobili Pininfarina will...

Mahindra, Ford sign MoUs to co-develop midsize SUV, EV & connected car solutions

Mahindra Group and Ford Motor Company will jointly develop new SUVs, and a small electric vehicle as part of several initiatives announced between the two companies. The two companies signed five new memoranda of...

Volkswagen Group to produce electric vehicles worldwide on massive scale

The Volkswagen Group will be stepping up its e-mobility drive with 16 locations around the globe getting ready to produce battery powered vehicles by the end of 2022. This was announced recently by Matthias Müller, ...

Maxxis Tyres inaugurates Rs 2640 crore India manufacturing plant

Maxxis Rubber India, a sub-company of Maxxis Group, the largest two-wheeler tyre manufacturer in the world, inaugurated its first manufacturing facility in Sanand, Gujarat. The plant was inaugurated by Vijaybhai Rup...

Mahindra and LG Chem collaborate for Li-ion battery technology

Mahindra & Mahindra Ltd., a part of the US $19 billion Mahindra Group and LG Chem, Korea’s leading manufacturer of advanced batteries have announced a collaboration in the field of advanced Li-ion battery technology...

BMW rolls out first ever 6 Series from Chennai plant

German stalwart BMW has rolled out its first ever 6 Series Gran Turismo from its plant in Chennai. The 6 Series Gran Turismo was launched earlier this month at the 2018 Auto Expo. The company launched the car as a l...

Kinetic Green, Lamborghini family of Italy form joint venture

Pune based Kinetic Group’s company Kinetic Green Energy & Power Solutions Ltd signed a MOU (Memorandum of Understanding) with luxury brand Tonino Lamborghini to jointly set up a new joint venture company in India (i...

Dr. Jochen Schröder to lead Schaeffler E-Mobility business division

Dr. Jochen Schröder (46) will assume leadership of Schaeffler Group’s newly-established E-Mobility business division on April 1, 2018. In this function, he will report to Matthias Zink, CEO-Automotive OEM. Dr. Schrö...

Kia Motors India announces two senior management appointments

Kia Motors India (KMI) has appointed Manohar Bhat as Head of Marketing & Sales and Yong S. Kim as Executive Director, effective immediately. They will be a part of the core senior management team at KMI and will be ...

Gurpratap Boparai is new Managing Director of Skoda Auto India

Skoda Auto India Private Ltd. (SAIPL) has appointed Gurpratap Boparai as the company’s new Managing Director as of April 2, 2018. The 48-year-old was most recently CEO of Fiat India Automobiles Ltd.

Maruti Suzuki to support Delhi Police in Traffic Safety Management System

Maruti Suzuki India Limited (MSIL) has joined hands with the Delhi Police to implement a Traffic Safety Management System (TSMS) in the national capital. The objective of TSMS is: • Reduction in accidents and fat...

BMW Group delivers best sales performance in India to date with 9800 cars

BMW Group has delivered its best sales performance in India to date in calendar year 2017 with all three brands – BMW, MINI and Motorrad.BMW Group India delivered 9800 cars (BMW + MINI) in 2017, registering a growth...

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...

Kookhyun Shim is new MD and CEO of Kia Motors India

Kia Motors India (KMI) has announced the appointment of Kookhyun Shim as Managing Director and Chief Executive Officer with immediate effect. Shim will be responsible for driving Kia Motors’ expansion in the Indian ...

Mahindra utility vehicle sales take a hit, CVs, tractors sales grow

Mahindra & Mahindra Ltd. (M&M Ltd.) passenger utility vehicles, the mainstay of its passenger vehicles, suffered a negative growth in domestic market sales in December 2017, recording 14514 units as compared to 1595...

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...

Mahindra, Uber join hands to deploy electric vehicles

Mahindra, Uber join hands to deploy electric vehicles

Mahindras open new manufacturing facility in America’s Motown-Detroit

After several attempts to set its foot in the US of A, Mahindra & Mahindra has finally announced its presence in North America. Mahindra Automotive North America (MANA) opened a new North American HQ and manufacturi...

JBM Group denies recovery of Rs 7 crore cash and gold in I-T raids

Immediately after a news agency reported that Income Tax officials had raided the premises of SK Arya controlled US $ 1.2 billion JBM Group (Jai Bharat Maruti) and had recovered around Rs 7 crore cash and three kilo...

Charles Frump new MD of Volvo Auto India

Volvo Cars has appointed Charles Frump as the new Managing Director to head its India operations. He assumed the new role and office from October 3, 2017 onwards. His predecessor Tom von Bonsdorff completed his tenu...




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