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...

Varroc to acquire 74% stake in CarIQ, a leading Telematics solution provider

Varroc Engineering Limited, a global Tier 1 auto component manufacturer, has agreed to acquire 74% stake in the Pune-based CarIQ Technologies, a leading integrated connected vehicle solution provider to OEMs, fleet ...

Deepak Jain appointed Chairman & MD, Lumax Industries

Lumax Industries Limited, a leader in end-to-end automotive lighting solutions in India, has announced the appointment of D.K. Jain as Chairman Emeritus and Chief Mentor to the Board, with effect from April 1, 2018...

Dr. Abhay Firodia appointed President, SIAM

Dr. Abhay Firodia, Chairman, Force Motors has been appointed President of SIAM (Society of Indian Automobile Manufacturers) by the apex body's executive committee on September 7, 2017. Dr. Firodia will succeed Vinod...

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...

Ather Energy gets Rs 205 cr funding from Hero MotoCorp

Bengaluru based Ather Energy, the smart electric two-wheeler start-up, announced a fresh round of funding of Rs 180 crores from Hero MotoCorp for 26-30% stake.

Maruti Suzuki partners with Uber to create safe driving

Maruti Suzuki India Limited (MSIL) announced its partnership with Uber India through a Memorandum of Understanding (MoU) wherein the company will train over 30,000 individuals/Uber partner-drivers in safe driving ov...

Volvo Auto India strengthens senior management team

Swedish luxury car brand Volvo Cars has announced three new senior management team appointments in India. In the new organisational structure, Nalin Jain takes up the position of Chief Financial Officer while Jyoti...

Mansi Madan Tripathy is MD, Shell Lubricants India

Shell Lubricants India announced the appointment of Ms. Mansi Madan Tripathy as the new Managing Director of the company. Mansi, former CMO of Shell Lubricants, would succeed Nitin Prasad, who moves on to take over ...

Automotive industry grins and bears it, as usual

As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...

South India Special Part 2: Karnataka

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

Safexpress on massive expansion across India

Safexpress, India’s largest supply chain & logistics firm, recently set up an ultra-modern warehousing facility at Udaipur. This facility spans over an area of 4500 sq feet and is strategically located on NH 8. The...

Safexpress launches Logistics Park at Pithampur.

Safexpress, a leading supply chain and logistics firm, has launched a Logistics Park at Pithampur. The park is spread out over an area of 75,000 sq feet. The Logistics Park is strategically located on NH 3. Safexpre...

Tata Fund invests Rs 300 crore in Varroc Group

Tata Opportunities Fund (TOF), the flagship private equity fund of Tata Capital, is investing Rs 300 Crore (USD 50 million) in Varroc Engineering Private Limited, the holding company of the Varroc Group, according t...

Mahindra's Rajesh Jejurikar resigns

Mahindra Automotive Division Chief Executive Rajesh Jejurikar resigns

18 youth selected as Nissan Student Brand Managers

Eighteen youth from across India selected as Nissan Student Brand Managers 2011

Hover Automotive India appoints Dinesh Jain as CEO

Hover Automotive India (HAI) has announced the appointment of Dinesh Jain as its CEO




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