NuGen Mobility Summit-2019 begins at Manesar on Nov 27

More than 200 automobile as well as auto components companies will display their products, while there would be live test demonstrations, training sessions, panel discussion and test track demonstrations of vehicles...

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...

Bajaj Auto motorcycle domestic Sept 2019 sales take a hit of (-) 35pc

Leading two wheeler maker in India and one of the largest exporters of two wheelers in the country, Bajaj Auto recorded a slump of (-)22pc in total sales in September 2019.

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.

GoMechanic inks services, maintenance partnership with Revolt Motors

GoMechanic, a network of technology-enabled car service centres announced a services and maintenance partnership with Revolt Motors, makers of India's first AI-enabled electric motorcycle. The partnership is part of...

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.

Auto industry hails GST reduction on electric vehicles

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

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...

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...

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 ...

Axalta opens its largest refinish training centre in India

Axalta, the world’s leader in automotive refinish coatings and a leading global supplier of liquid and powder coatings, opened its largest and most advanced Refinish Training Centre, spread over 20,000 square feet i...

Honda Cars India commences production of all-new 10th generation Honda Civic

Honda Cars India Ltd. (HCIL) has commenced the production of the all-new 10th generation Honda Civic. The car is being manufactured at HCIL’s Greater Noida plant.

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.

Experts call for policy support to promote auto LPG use

At the Asia LPG Summit held in New Delhi, representatives from the industry discussed possibilities for the use of liquified natural gas (LPG) not only as a cooking fuel but also one that fuels automobiles. Several ...

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...

Bajaj Auto launches new brand identity -The World’s Favourite Indian

Building on its ‘Hamara Bajaj’ roots, two-wheeler manufacturer Bajaj Auto Ltd released its new brand identity as “The World’s Favourite Indian” to announce its transition from a domestic scooter maker to a global mo...

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...

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...

SUN Mobility and SmartE partner to transform EV adoption in the country

Sun Mobility, a leading provider of energy infrastructure and services for electric vehicles (EVs), announced a partnership with SmartE, India’s largest electric vehicle fleet operator, to deploy its universal energ...

CNG infrastructure development will lead to massive cut in oil bills

Developing India’s CNG infrastructure could help achieve 50pc natural gas vehicles penetration by 2030 leading to crude oil import savings of Rs 11 lakh crore.

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

Honda Activa achieves a milestone of 2 crore unit sales in India

Honda Motorcycle and Scooter India Pvt. Ltd. has announced that Honda Activa has now become the highest selling brand by achieving a milestone of 2 Core plus unit sales in the country. The iconic scooter was first ...

Mahindra signs strategic partnership agreement with Castrol India

Mahindra & Mahindra and Castrol India, a leading automotive and industrial lubricant manufacturing company in the country, announced the signing of a new strategic partnership agreement between the two companies. U...

Honda 2Wheelers increases capacity to 7 million units annually

Honda Motorcycle & Scooter India Pvt. Ltd has announced that it will expand the annual production capacity of its 4th two-wheeler production plant. Honda 2Wheeler’s fourth production plant is located at Vithalapur a...

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 ...

Nissan plans worldwide line up for India as part of major strategy

Nissan has decided to bring the best of its worldwide lineup to India and also launch a product offensive in the country as part of its new strategy for India. As part of this Nissan strategy, the company will launc...

Shoeb Farooq will now head Triumph Motorcycles India

Shoeb Farooq, Head Sales & Dealer Development, Triumph Motorcycles India has been promoted to take on role of the Managing Director of the company with immediate effect, after Vimal Sumbly resigned from the company....

Vimal Sumbly, MD, Triumph Motorcycles India resigns

Vimal Sumbly, Managing Director, Triumph Motorcycles India has resigned from the company. Sumbly had been with the company for the last five years since its inception.

Hyundai Motor India Plant is ready for new Santro, EV vehicles

Hyundai Motor India plant in Sriperumbudur in Tamil Nadu is bustling with frenzied activity. They are getting ready to manufacture the new Santro family car. The new Santro would soon be launched in the country. Cod...

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...

Triumph delivers 701 Street Triple motorbikes in India

The Street Triple range is now the largest selling roadster range from Triumph in India, after the Bonneville and Tiger series. The sales of the Triumph Street Triple have been 701 units so far since its introductio...

Purpose-built electric vehicles for mobility on demand, says Roland Berger

The growing demand for ride-sharing services is giving rise to a new category of vehicles. These are cars with a flexible interior that can be individually tailored to the needs of their users. The potential for aut...

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 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...

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...

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. ...

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...

Cero, India’s first auto shredding facility by Mahindras is ready

Mahindras will finally be inaugurating its new auto shredding plant in Greater Noida in Delhi NCR in April 2018. The plant built in Greater Noida in India’s northern state of Uttar Pradesh is India’s maiden organise...

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...

MG Motor India to invest Rs 5000 crore in six years time, says Chaba

MG Motor India will be investing a total of Rs 5000 crore in six years time in India and will be launching its first vehicle, a sports utility vehicle (SUV), in India in the first quarter of calendar 2019. The comp...

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...

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 ...

Honda sales surpass 5 million mark for first time in calendar year

Honda Motorcycle Scooter India Pvt. Ltd. (HMSI) has closed the calendar year 2017 with historic sales on back of sustained demand for its two-wheelers. For the first time in its 17 years of Indian operations, Honda’...

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 ...

Hero Motocorp surpasses record 7 million unit sales in calendar year 2017

Hero MotoCorp Ltd., the world’s largest two-wheeler manufacturer, capped-off the calendar year (January-December 2017) with yet another global benchmark, surpassing the landmark seven million units in cumulative sal...

Govt to implement Methanol 15 pc blending with petrol, says Gadkari

India is shortly going to implement Methanol 15% blending programme with petrol and the cost of petrol is expected to come down immediately by 10% and M100 programme for buses and trucks is also to be implemented sh...

Twenty years on, the Honda City is still a city favourite

But many car brands have only matured with time, one of them being the Honda City from Honda Cars India Ltd, which has kick-started its celebrations to commemorate 20 successful years of Honda City in India.

Indian Auto industry figures Oct 2017, a quick glance

A total of 2,162,164 units of vehicles that included passenger vehicles, commercial vehicles, three-wheelers and two-wheelers were sold in the country and 314,397 units exported.

Royal Enfield launches UK Technology Centre & unveils new engine

Motorcycle manufacturer Royal Enfield, the global leader in mid-size motorcycle (250cc-750cc) segment, unveiled its first modern twin-cylinder engine at its new Technology Centre in Leicestershire, England. This new...

Who’s sold more, who’s sold less? Indian Auto industry figures Sept 2017

Here are some interesting facts about the Indian automotive industry in terms of domestic sales and exports. These figures have been culled out from the production, sales and exports figures for the month of Septemb...

Tata Motors to deliver 10,000 Tigor e-sedans to Indian government

E-Mobility in India got a real hard push when leading commercial and passenger car manufacturer in India, Tata Motors emerged as the lowest bidder in the tender floated by Energy Efficiency Services Ltd (EESL), a jo...

MG Motor takes over GM India’s Halol facility; To invest upwards of Rs 2,000 crore

The erstwhile car manufacturing plant of General Motors India in Halol, Gujarat was taken over by MG Motor, a UK based company. The Halol facility will now be the manufacturing plant for MG Motor. The company announ...

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...

EXCLUSIVE: UM to bring 2 new products by 2018, exploring scooter segment

UM Lohia Two Wheelers, a 50:50 joint venture between UM International, a company based in the US and Ayush Lohia-controlled Lohia Auto, will be introducing at least two new products in India in the next one year. On...

SAIC Motor to set up its first car manufacturing facility in India

SAIC Motor Corporation, one of the biggest corporations in the world and the largest automobile giant in China, has announced its plan to enter the Indian automobile market through a fully-owned car manufacturing fa...

GM India begins shipment of Chevrolet Beat sedan to Latin America

General Motors India has now begun regular shipment of sedan version of Chevrolet Beat from its Talegaon export hub to Latin America Markets. A consignment of 1200 Chevrolet Beat sedans was loaded for shipping to La...

Mahindra First Choice Wheels includes premium bikes

Mahindra First Choice Wheels Ltd. (MFCWL), India’s leading multi-brand used car products and services company, has now entered the space of used premium two wheelers. The company will initially focus on the premium ...

Kia Motors to invest Rs 7072 crore in plant in Andhra Pradesh

South Korea’s leading car manufacturer Kia Motors is investing US $ 1.1 billion in India to build manufacturing plant in the state of Karnataka in South India. The construction of the Kia Motors manufacturing plant ...

Royal Enfield strengthens presence in Latin America

Fast growing motorcycle brand Royal Enfield has announced opening of its second direct distribution subsidiary outside India, in Brazil, the fourth biggest two wheeler market in the world. With Sao Paulo as its Braz...

SC bans BS III vehicles; Industry saddled with 8.2 lakh vehicles

The Supreme Court has banned sale of Bharat Stage III (BS-III) vehicles after March 31, 2017. This ruling will have an adverse effect on the Indian automobile industry which currently has an unsold inventory of near...

India has huge potential for auto shredding, says Minister

Keeping in mind that the country has more than 7 lakh cars and over 4 lakh trucks and buses which have reached end-of-life stage, the Indian market has a huge potential for auto-shredding. By 2025, around 28 lakh ca...

Honda CB Shine crosses 50 lakh units milestone in India

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) rolled out its 50th lakh CB Shine motorcycle from its Tapukara (Rajasthan) manufacturing plant. Celebrating this accomplishment Honda launched the all-new 2017 BS IV...

Tata Motors, Castrol announce global strategic partnership

Tata Motors and Castrol have announced the signing of a three-year strategic partnership agreement for supply of Commercial Vehicle Oils to Tata Motors globally. The agreement will cover over 50 markets including SA...

Triumph Motorcycles celebrates 3 years in India; Inaugurates 14th dealership

Triumph Motorcycles India Private Limited – a subsidiary of the iconic British motorcycle manufacturer Triumph Motorcycles, announced the opening of their all new dealership facility in East of Kailash, New Delhi – ...

Mahindra inaugurates spare parts warehouse in Mahindra World City, Jaipur

Mahindra & Mahindra Ltd (M&M Ltd) has inaugurated a state of the art spare parts warehouse in Mahindra World City (MWC), Jaipur. As one of the largest, most modern warehouses in the country and the company’s first i...

Nissan completes 34pc acquisition of Mitsubishi Motors for US $ 2.28 billion

Mitsubishi Motors Corporation (MMC) has announced that Nissan Motor Co., Ltd. has become its largest shareholder after completing the purchase of 34% of MMC-issued stock for 237 billion JPY (approx US $ 2.28 billion...

EXCLUSIVE- Kia is coming- Will it be Hyundai’s trump card

There has been a lot of speculation about car manufacturer Kia Motors of South Korea making an entry into India. According to highly placed sources, Kia is definitely on its way into India and is actively considerin...

Mercedes-Benz Inaugurates India’s largest parts warehouse, training academy

Luxury car manufacturer Mercedes-Benz has inaugurated the largest parts warehouse in the luxury car industry and has also set up the company’s largest retail training academy in South Asia– christened as the Mercede...

TWO-WHEELER SPECIAL: Standing Tall On Two Wheels

The Indian two-wheeler industry is gleefully hoping that the remaining months of the current fiscal 2016-17 will see a spurt in demand for two-wheelers.

Bosch to invest  100 million  Euros (Rs 743 crore) in India plant expansion

The Bosch Group is strengthening its presence in the Indian growth market. “In 2016, we are planning to invest more than 100 million euros (Rs 743 crore approx) in our Indian manufacturing and development locations”...

56th SIAM Annual Convention debates ‘Building the Nation, Responsibly’

Based upon the theme of ‘Building the Nation, Responsibly’, the Society of Indian Automobile Manufacturers (SIAM) held its 56th Annual Convention. Union Minister of Heavy Industries and Public Enterprises Anant G Ge...

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 ...

HMSI inaugurates 2nd scooter assembly line in Gujarat

Honda Motorcycle & Scooter India Pvt. Ltd. has inaugurated the 2nd assembly line of its fourth manufacturing plant at Vithalapur (Mandal taluk, Ahmedabad district) in the western state of Gujarat.

LUXURY CARS IN INDIA: A Painful Growth

In the bad old days, two words were often considered taboo – Sex and Luxury. In a conservative India, talking about sex was a big “No”. Equally, in a socialist driven economy, the term “Luxury” was pure blasphemy. B...

Volvo Cars ties up with APM Terminals Inland Services in Chennai

APM Terminals Inland Services, South Asia has signed an exclusive agreement with Gothenburg, Sweden-based Volvo Cars to provide a dedicated, specialised warehouse facility in Chennai. The customised warehouse will p...

Post fire in Subros facility, Maruti Suzuki suspends production temporarily

Following a major fire on May 29, 2016 (Sunday) that gutted almost the entire facility of Subros in Manesar, supplies of components from the plant to Maruti Suzuki plant have been disrupted and as a result Maruti Su...

Nissan takes 34pc equity stake in Mitsubishi Motors for 237 Billion Yen

Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, (MMC) have announced that they have signed a Basic Agreement to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC ...

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...

BAE Systems down-selects Mahindra for proposed defence equipment

BAE Systems has down-selected Mahindra as its business partner for the proposed in-country Assembly, Integration & Test (AIT) facility for the M777 Ultra Lightweight Howitzer. Mahindra Aerospace and Defence Sector h...

Renault-Nissan Alliance plant in India produces one millionth vehicle

It’s time for celebrations at the Renault-Nissan's Alliance plant in India. The workforce at Renault-Nissan's Alliance plant in Oragadam near Chennai has reached a significant production milestone by manufacturing i...

It’s a Blue, Blue Christmas for diesel car makers in India

Leading SUV manufacturer in India, Mahindra & Mahindra will be the worst hit by the recent ban on diesel vehicles in the capital city of Delhi from December 11, 2015 to January 6, 2016 as ordered by the National Gre...

Volkswagen new compact sedan by June 2016;  Rs 720 crore investment

Volkswagen India is investing Rs 720 crore (approx. Euros 85 Million) towards development, setting up new equipment and ramping up the production of a new compact sedan that will be rolled out of the company’s plant...

The Real Hero is No More

He was the real Hero of the Indian auto industry. Dr. Brijmohan Lall Munjal, the Founder of the diversified Hero Group and a Padma Bhushan awardee, passed away on November 1, 2015. He was 92 years old. Dr. Munjal wa...

Dr. Brijmohan Lall, Founder of Hero Group, passes away

One of the doyen’s of the Indian auto industry, Dr. Brijmohan Lall Munjal, passed away in New Delhi on November 1, 2015 at 7.05 pm. He was 92 years old. Dr Munjal was the Founder of the diversified Hero Group. Dr. M...

Merc’s Roland Folger gets off to a “Make in India” start

Mercedes Benz India’s “Make in India” initiative could not have got off to a more promising start now that the Indian government has decided to buy 55 top of the range E 250 CDI luxury sedans. The luxury car maker h...

German Chancellor Merkel, Modi visit Bosch facilities in Bangalore

On October 6, 2015, Indian Prime Minister Narendra Modi and German Federal Chancellor Angela Merkel visited the facilities of Bosch in Bangalore. The visit is part of the chancellor’s three-day state visit to India,...

Auto Expo - The Motor Show 2016 to be held in permanent halls

The India Expo Mart Limited (IEML) has been given a massive makeover prior to the forthcoming Auto Expo - The Motor Show 2016. Two additional large halls have been created in the venue with carpet areas of 25000 sqm...

Hero Cycles acquires Firefox Bikes in premium cycle segment

Hero Cycles, world’s largest bicycle manufacturer by volume, has acquired Firefox Bikes, India’s largest premium bicycle brand, as part of its strategy to further cement its position in the fast-growing premium cycl...

JK Tyre acquires Haridwar tyre unit of Kesoram Industries for Rs 2200 crore

JK Tyre & Industries has finally confirmed that it is buying Cavendish Industries Ltd (CIL) tyre unit of Kesoram Industries. In a press release, the company stated that JK Tyre & Industries Limited (JK Tyre) and JK...

Buy , rent a plane or helicopter through Droom

Droom has now become the king of good times. You can now buy or rent a plane or helicopter through the Droom website (www.droom.in). Founded in April 2014 in Silicon Valley, Droom is India’s first online marketplace...

Volvo Cars acquires control of its China joint ventures for SEK2.2bn

Volvo Cars has taken control of its three joint venture operations in China for SEK2.2bn in order to more accurately reflect its growing presence in the world’s largest car market. Volvo Cars now owns 50 per cent of...

SPECIAL REPORT ON INDIAN TYRE INDUSTRY: An Un-Tyre-ing Journey

The Rs 50,000 crore Indian tyre industry today has a few reasons to smile and a few reasons to frown. On the one hand, after a lull in the industry while the demand for tyres in 2015-16 is seeing a growth coupled wi...

Pankaj Munjal is new Chairman & MD, Hero Cycles

Hero Motors group, which includes the flagship company Hero Cycles, the world’s largest bicycle manufacturer, appointed Pankaj Munjal as its Chairman and Managing Director. The decision was taken at a recent board m...




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