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...

FCA India wins India’s highest Award for Quality Excellence from government

FCA India has announced that Fiat India Automobiles Private Limited (FIAPL), its world class manufacturing joint venture in Ranjangaon, near Pune, has won the Platinum Trophy in the ‘Large Enterprise’ category at th...

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...

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.

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...

8th EV Expo 2018 concludes successfully with new launches

Electric vehicle manufacturers like Gonenka Electric Motors, Mahindra Electric, ETO Motors, Soni E-vehicle, Altius Technologies, Geekay E-Bicycles, HIM Technoforge, Thukral Electric Bikes, Champion Polyplast and o...

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...

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...

Sumitomo Corporation buys 49% stake in Mukand Sumi Special Steel

Sumitomo Corporation has brought a 49% stake for Rs 1180.99 Cr in the joint venture company, Mukand Sumi Special Steel Limited, a leading specialty steel supplier for the fast growing automotive and engineering indu...

Adient , Arvind form JV to manufacture and sell automotive fabrics in India

Michigan (US) based Adient, a global leader in automotive seating which produces and delivers automotive seating for all vehicle classes and all major OEMs has formed a joint venture with India’s Arvind Ltd, one of...

Force Motors, Rolls Royce sign JV agreement for gen sets

Rolls-Royce Power Systems and Pune-based automobile manufacturer Force Motors have signed a joint venture agreement in which Force Motors will hold a 51% and Rolls-Royce Power Systems a 49% stake. The new joint vent...

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...

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...

Lumax announces JV with Francisco Albero S.A.U to make Oxygen Sensors

With the Indian automotive industry gearing up for a leap frog to BS VI norms by 2020 many manufactures have invested heavily in technology and R&D. The Lumax DK Jain Group announced a joint venture with Francisco A...

HMSI  inaugurates 4th assembly line in Karnataka plant

With the inauguration of the 4th assembly line at the Karnataka plant of Honda Motorcycle & Scooter India (HMSI), India is now the biggest production base of Honda worldwide. The new 4th line of 0.6 million annual c...

Volvo Cars, Geely to establish joint venture to boost synergies

Volvo Cars is planning to set up a new joint venture technology company with Geely Holding, the Chinese car group, to share existing and future technology, deepen industrial synergies and provide the economies of sc...

Jeep Compass, Tata Nexon will add zing to Ranjangaon plant

Two new car models from two different car manufacturers--the Jeep Compass SUV from Fiat Chrysler Automobiles (FCA) India and the Tata Nexon, a compact SUV from Tata Motors, are expected to inject a lot of action ver...

Tata Motors, Volkswagen Group , Skoda sign MOU for exploring JVs

Tata Motors has signed a Memorandum of Understanding (MoU) for a long-term partnership with Volkswagen Group and Skoda, to explore strategic alliance opportunity for joint development of products. The agreement has ...

Uno Minda Group in JV agreement with Katolec Corporation of Japan

Minda Industries Limited, the flagship company of Uno Minda Group has entered into Joint Venture (JV) agreement with Katolec Corporation, Japan. The proposed name for the joint venture company is Minda Katolec Elect...

Iconic HM brand is now Le Ambassador after buyout by Peugeot

Within three weeks of announcing a tie up with the PSA Peugeot Group of France , the CK Birla Group has announced that Hindustan Motors Ltd, the manufacturer of the iconic Ambassador car, has executed an agreement w...

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...

Ssangyong Motor Signs LOI for JV with Shaanxi Automobile Group of China

SsangYong Motor Company, part of the Mahindra Group, has announced that as part of its effort to grow in China, the company signed a letter of intent (LOI) with the Shaanxi Automobile Group for a joint venture that ...

Volkswagen, Jianghuai Automobile to develop of e- vehicles in China

Volkswagen AG and Anhui Jianghuai Automobile Co., Ltd. (JAC) recently signed a Memorandum of Understanding (MoU) in Wolfsburg in Germany to define the next phase of negotiations between the two companies in order to...

Automotive business thrives in South India: 2016

‘Kabali’, the blockbuster Tamil movie starring south Indian superstar Rajnikanth got off to a roaring start in July 2016 across cinema halls in India. While Rajnikanth is, without doubt, a showstopper and a star to ...

Mahindra Intertrade,  MSTC Ltd. JV agreement for auto shredding facility

Mahindra Intertrade Ltd., a part of the Mahindra Partners Division of Mahindra Group, and MSTC Ltd. (a Government of India enterprise) have signed a formal joint venture agreement to set-up India’s first-of-its-kind...

Mahindra Intertrade, MSTC Ltd. sign MoU to set up India’s first auto shredding facility

Mahindra Intertrade Ltd., a wholly owned subsidiary of the Mahindra Group, has signed a Memorandum of Understanding (MoU) with MSTC Ltd. (a Government of India enterprise formerly known as Metal Scrap Trading Corpor...

Mahindra acquires a major style statement; To buy Pininfarina

Tech Mahindra Limited, a leading provider of IT, Networks and Engineering solutions and BPO services, and Mahindra & Mahindra have jointly entered into an agreement with Pincar S.r.l., to purchase a controlling stak...

ZF Hero Chennai plant to assemble chassis modules for BMW

ZF Hero Chassis Systems Pvt. Ltd. the 50:50 JV of ZF India Pvt. Ltd. and Hero Motors Ltd. formally inaugurated a new plant in Oragadam, Kanchipuram district on the outskirts of Chennai city on September 25, 2015. Th...

Starlit Power Systems Ltd JV to make next gen automobile batteries

Starlit Power Systems Ltd has signed a Joint Venture with China's second largest motorcycle and UPS battery manufacturing company Guangdong Dynavolt Technologies wherein, Guangdong Dynavolt will acquire 24pc of equi...

Shiroki Corp Japan acquires majority stake in Technico JV

Shiroki Corporation (an affiliate of Toyota Motor Corp), one of the leading global players for interior and exterior components for automobiles, has taken a 51pc equity stake in a new joint venture company with Tech...

Hero MotoCorp, Magnet Marelli JV new centre

HMC-MM Auto Ltd., the joint venture company formed between Hero MotoCorp Ltd. (HMCL) and Milan (Italy)-headquartered Magneti Marelli (MM), has inaugurated its first autonomous ‘Production and Development Centre’ at ...

Renault-Nissan Alliance Daimler expand cooperation

The Renault-Nissan Alliance and Daimler AG together will be jointly developing premium compact vehicles through joint production in Mexico, thereby significantly expanding their cooperation. The bossmen of Renault-N...

Johnson Controls , SAIC company form JV

Johnson Controls the and Yanfeng Automotive Trim Systems Co., Ltd., a wholly owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), the component group of Shanghai Automotive Industry Corporation (SAIC), ha...

Ashok Leyland launches PARTNER and MiTR

Ashok Leyland has launched two new offerings in the Light Commercial Vehicles (LCV) segment, the PARTNER truck and the MiTR bus. The two are products of the Nissan-Ashok Leyland joint-venture. PARTNER has a Gross Ve...

Renault inks new JV with Dongfeng in China

Carlos Ghosn, Chairman and Chief Executive Officer of Renault, and Xu Ping, Chairman of Dongfeng Mot

Cooper Tires-Apollo Tyres spat evident

A spat between India based Apollo Tyres and US based Cooper Tires is quite evident now. Apollo Tyres

Ford dispatches EcoSport to dealers in India

Ford India has announced that its EcoSport has just rolled off the production line in Chennai and is

Thapar group co bags  order for 90EV charging stns

The automation arm of Crompton Greaves (CG), ZIV Metering Solutions, has bagged an order to supply I

JLR, Chery new manufacturing facility in China

Jaguar Land Rover and Chery Automobile Company Ltd, the British and Chinese carmakers, have formally

Honda inaugurates new technical centre at Manesar

Honda Motorcycle & Scooter India Pvt. Ltd. has inaugurated its new technical centre at Manesar produ

Krishna Group inks JV with Landi Renzo S.p.A

Krishna Group, an Indian auto interior manufacturing company, is forming an equity joint venture (JV

MyTVS JV with Rajgarhia group for West Bengal

TVS Automobile Solutions Limited, a group company from the highly respected 100 year old TVS group,

Off-road champion Polaris ties up with Eicher

Eicher Motors Ltd has entered into a joint agreement on July 23, 2012 with Polaris Industries Inc

Mahindra introduces vehicles for Kenya

Mahindra & Mahindra Ltd., the country’s leading utility vehicle manufacturer and a part of the US$ 1

VECV opens fourth automotive lab in India

The MCKVIE-Eicher centre of automotive technology was inaugurated by Rabi Ranjan Chattopadhyay, Mini

Mahindra signs MoU with Rafael

Mahindra & Mahindra Ltd. and Rafael Advanced Defence Systems Ltd., a manufacturer of high tech defen

Eicher bus body manufacturing plant at Dhar (MP)

VE Commercial vehicles limited (Volvo Group and Eicher Motors JV) has done the ground breaking cerem

Ashok Leyland–Nissan to sell 55,000 LCVs in 1st yr

Ashok Leyland, the Hinduja Group flagship, has commercially launched in Maharashtra DOST

Tata Nano now in Sri Lanka

Sri Lanka has become the first international market for the Tata Nano, with the people’s car being

‘Volvo Financial Services’ forays into India

Volvo India Pvt. Ltd. and Srei BNP Paribas have announced the formation of an alliance to launch

Power Cruze power steering fluid

RTSSL rolls out ‘Power Cruze’ power steering fluid

Forms and Gears gets into auto components

Forms and Gears gets into auto components

Hero Honda split comes through; JV dissolved

Hero Honda split is now formal with Honda Motor Co. Ltd of Japan and Hero group signing fresh MoUs

Volvo Buses India buys out its JV partner’s stake

Volvo Buses announces the 100 pc buyout of Azad Group share, its JV partner since 2008

Ford $ 500 million for China engine plant

CHONGQING, CHINA: Ford's JV, Changan Ford Mazda Automobile (CFMA) signed a Memorandum of Understandi

Ashok Leyland - Nissan JV on schedule

CHENNAI (TAMIL NADU):The Hinduja Group flagship, Ashok Leyland and Nissan Motor Company have announc




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