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...

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 ...

First Kia Seltos rolls out of Anantapur plant

Kia Motors India has rolled out the production version of its first car for India, the Seltos, manufactured at its state-of-the-art facility in Anantapur, Andhra Pradesh. The first Kia Seltos was rolled off the asse...

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...

Indian Army officials to use electric cars in New Delhi

The Indian Army in step with government policies on environmental protection has launched an ecological initiative with employing electric cars for use of its officials in New Delhi in partnership with Energy Effici...

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...

Government EV targets need to be practical says auto industry

The Indian auto industry is not too happy with the aggressive road map being laid out by the government in bringing electric vehicles into the country. Both the Society of Indian Automobile Manufacturers (SIAM) and ...

Mahindra & Mahindra invests Rs 1000 crore + to ready BS VI engines

The good news is that Mahindra & Mahindra is ready with its BS VI engines across its entire diesel and gasoline portfolio. The entire transition will be costing the company upwards of Rs 1000 crore. With its portf...

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...

SIAM, CCI, ACMA organise workshop on competition issues in auto industry

Society of Indian Automobile Manufacturers (SIAM) in association with the Competition Commission of India (CCI) and Automotive Component Manufacturers Association of India (ACMA), organised a workshop on competition...

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.

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...

NSDC signs MoU with Renault-Nissan Alliance in India to upskill workforce

In line with the strategy for India, Renault-Nissan Alliance India has signed a memorandum of understanding with National Skill Development Corporation (NSDC) to train its workforce in the Alliance plant in Chennai ...

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...

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 ...

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...

It’s official now, Carlos Ghosn discharged from Nissan Chairman post

It is official now. Nissan’s legendary Chairman Carlos Ghosn has been shown the door by the management of Nissan Motor Company in Japan. The decision to discharge Ghosn of his post as Chairman of Nissan was taken by...

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.

Bombay High Court clears sale of biodiesel as a transportation fuel

The Bombay High Court in a land mark ruling has relieved the restriction of MSHSD control order, 2005, for sale of biodiesel as a transportation fuel into internal combustion engines.

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...

China’s SAIC Motor Corporation to leverage technology prowess to make cars in India

SAIC Motor Corporation, the biggest vehicle manufacturer in China, will soon be starting operations in India through MG Motor India, its fully owned subsidiary. SAIC, which has acquired a massive technological prowe...

Audi and Umicore develop closed loop battery recycling

Audi and Umicore have successfully completed phase one of their strategic research cooperation for battery recycling. The two partners are developing a closed loop for components of high-voltage batteries that can b...

Uniti Sweden electric vehicle “pilot production plant” at Silverstone Park, UK

Uniti Sweden has announced plans to establish an electric vehicle “pilot production plant” at Silverstone Park, the home of the British Grand Prix. The facility will be used to produce the Uniti One electric car, wh...

Skoda Auto India inaugurates solar power gen project

Skoda Auto India inaugurated an advanced Solar Power Generation Project at its manufacturing facility in Aurangabad. The solar project has a capacity of 980 KW. This unique car port structure will cover 30 per cent ...

Twenty Two Motors and KYMCO join forces to make future of EVs better in India

Indian electric vehicle manufacturer Twenty Two Motors and KYMCO, a Taiwanese two wheeler manufacturer announced their partnership in India enabling them to share knowledge, technology and expertise to create premi...

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...

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 ...

Need to create mobility eco-system in sync with nature: PM

In one of most inspiring speeches on mobility and the need to conserve nature, Prime Minister Narendra Modi said the need of the hour is to create a mobility eco-system that is in sync with nature. He said he was co...

SIAM urges government for long term policy roadmap

The Society of Indian Automobile Manufacturers (SIAM), an industry body representing India’s automobile sector, held its 58th Annual Convention titled “Building the Nation, Responsibly”. During the convention, th...

Tata Motors to ramp up Sanand facility; 100% capacity utilisation

To further meet growing demand for its new generation passenger vehicles, Tata Motors announced its ramp up plans for the Sanand plant. Operating at 100% capacity utilisation currently, the plant has so far rolled o...

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 ...

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...

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...

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...

Mumbai Police inducts195 Mahindra TUV300 in fleet

Devendra Fadnavis, Chief Minister, Government of Maharashtra, flagged off Mahindra TUV300s from the Mumbai Police Commissioner’s office at Fort, Mumbai. These TUV300s are part of the 195 TUV300 vehicle that have bee...

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...

Magenta Power sets up India’s first solar based charging station for EVs

Magenta Power, one of the leading service providers of renewable energy solutions in association with Exicom, has installed India’s first solar charging station (DC Fast Charge) for electric vehicles in Turbhe, Navi...

Bharat Forge Limited invests Rs 90.30 crore in Tevva Motors, UK

Bharat Forge Ltd., a Pune based global leader in metal forging, has announced a strategic investment of UK Pounds 10 million (Rs 90.30 crore approx.) in Tevva Motors (Jersey) Limited, a company incorporated and regi...

ICAT inaugurates new modern automotive test facilities

The International Centre for Automotive Technology ICAT) based in Manesar on the outskirts of Delhi inaugurated several new modern test facilities for vehicles on May 29, 2018. These were installed as a part of the...

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. ...

Shriram Transport Finance inks MoU with HPCL

Shriram Transport Finance Company Limited Ltd (STFC), has inked an MOU with Hindustan Petroleum Corporation LTD (HPCL) to offer credit based fuel filling services to its customers on digital platform.

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...

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...

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, ...

EESL to issue fresh tender for additional 10,000 electric cars

Minister of Power, New and Renewable Energy, R K Singh launched the National E-Mobility Programme in India. In line with the Government of India’s vision of 100% e-mobility by 2030, Energy Efficiency Services Ltd (...

Faurecia, Clean Air Asia partner for clean air solutions in Asia

Faurecia, a global leader in areas of automotive seating, interior systems and clean mobility has partnered with Clean Air Asia to explore effective technology solutions to improve air quality and enhance industry a...

Hyundai showcases next-generation fuel cell electric vehicle- Nexo, Ioniq

Hyundai Motor showcased the next generation Fuel Cell Electric Vehicle (FCEV) – Hyundai Nexo and Global Electric Vehicle – Ioniq (Battery Powered) during the India Korea Business Summit 2018 held in New Delhi.

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...

India’s first BS VI compliant vehicle- Mercedes-Benz S 350 d

Luxury car brand Mercedes-Benz achieved a historic milestone in the Indian automotive industry, by being the first automobile brand in India to launch the first ever BS VI compliant vehicles, ‘Made in India, for I...

New Lexus India team launches LS500h luxury sedan

With a new management in place at Lexus India, the company launched the highly anticipated fifth generation LS500h which will soon be available in India at a starting price of Rs 1.77 crore. The Lexus LS500h is now ...

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...

Toyota domestic sales dip 15pc in Dec 2017; Innova, Fortuner sales rise in CY 2017

Toyota Kirloskar Motor sold a total of 10793 units in the domestic market in December 2017. The company exported 812 units of the Etios series this month thus clocking a total of 11,605 units. In the month of Decem...

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...

Finally, Delhi to get automated driving test centres, courtesy Maruti Suzuki

Leading car manufacturer Maruti Suzuki India Limited (MSIL) has entered into an agreement with the Government of NCT of Delhi to set up state-of-the-art Automated Driving Test Centres across 12 locations in the city...

Tata Motors delivers first batch of the Tigor Electric Vehicles to EESL

Tata Motors delivered the first set of Tigor Electric Vehicles (EVs) to state-run Energy Efficiency Services Limited (EESL) as part of their initiative to procure 10,000 electric vehicles. Guenter Butschek, CEO & MD...

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...

Tata Motors rolls out 10,000th Nexon SUV

Tata Motors has rolled out its 10,000th Nexon from the Ranjangaon facility in the state of Maharashtra in western India. The Nexon which is the company’s fourth iteration of the Impact design philosophy, is a Lifest...

Toyota, Suzuki conclude MoU on EV introduction in India

It’s final now as both Toyota and Suzuki have confirmed the introduction of electric vehicles in India by 2020. Japanese car majors Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have concl...

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...

First batch of 600 Jeep Compass shipped to Australia, Japan

FCA India, makers of the recently launched Jeep Compass, has announced that it has begun shipping right-hand drive units of the Made-in-India Jeep Compass as part of its export strategy. The automobile manufacturer ...

REWIND: Gadkari speech, so full of contradictions

Not many realised that Union Transport Minister Nitin Gadkari who addressed the auto industry leaders at the 57th SIAM Annual Convention in New Delhi last month left the audience not in splits, but in an absolute st...

Maruti Suzuki presents 35 vehicles to Haryana Police

Maruti Suzuki India Limited presented 35 new vehicles to Haryana Police. The vehicles include 20 Ertiga patrolling cars, 8 Ertiga interceptors and 7 Eeco ambulances, all customised to meet traffic police requirement...

Nirmal. K. Minda appointed as President ACMA 2017-18

The Automotive Component Manufacturer Association of India (ACMA), an apex body which represents India's auto component manufacturing fraternity has announced the appointment of Nirmal K. Minda, Chairman & Managing ...

Auto industry leaders critical of intermittent regulatory uncertainties

Several auto industry leaders blasted the Indian government for intermittent regulatory uncertainties and urged the government to come out with clear and firm policy guidelines.

JSW Energy to invest Rs 4000 cr in e-vehicles, energy storage systems business

JSW Energy Limited, part of the JSW Group and a growing energy company is planning to launch its own electric vehicle by 2020. The company is keen to enter into electric vehicles, energy storage systems and associat...

Saitama City, Honda, Yamaha begin evaluating e-motorcycles

Saitama City in Japan, Honda Motor Co and Yamaha Motor Co will begin evaluation testing towards the expansion of the use of electric motorcycles. As part of Saitama City’s “E-Kizuna Project” measures to promote the ...

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...

Experts welcome GST rates, but baffled on rates for hybrids, small cars

Beginning with the Society of Indian Automobile Manufacturers (SIAM), several experts and bodies have welcomed the Goods and Services Tax (GST) rates on automobiles in the country. The 14th Goods and Services Tax (G...

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...

Yamaha YZF-R3, Cygnus Ray-ZR win India Design Mark (I Mark)

India Yamaha Motor has received the prestigious India Design Mark (I Mark) certification from the India Design Council for its products, the YZF-R3 and Cygnus Ray-ZR. This is the 6th consecutive year that Yamaha has...

Bajaj Auto first to comply with BS IV emission norms

Bajaj Auto has announced that it is ready to comply with EPCA’s direction of neither selling nor registering any pre – BS IV vehicle from April 1, 2017. The company announced that all its two and three-wheelers manu...

Maruti Suzuki presents 15 new vehicles to Haryana Police

Maruti Suzuki India Limited handed over 15 new vehicles (13 Ertigas and 2 Eeco ambulances) to the Haryana Police department on February 13, 2017. Through this initiative the company aims to support Haryana Police de...

Abhishek Mahapatra is Head, Communications & CSR, Nissan India

Nissan Motor India Private Ltd. (NMIPL) has announced the appointment of Abhishek Mahapatra as Head of Communications & CSR, effective immediately. Mahapatra will lead all of Nissan’s communications in India, includ...

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...

Mahindra and Ola enter into strategic alliance

Mahindra & Mahindra Ltd has signed an MOU with shared transportation platform, Ola to empower 40,000 driver partners across India by 2018. Through this strategic alliance, they aim overall vehicle sales and financin...

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...

Mahindra rebrands Electric Mobility Business as Mahindra Electric

Mahindra & Mahindra Ltd. (M&M Ltd.) has recently rebranded its electric mobility portfolio as Mahindra Electric. Under the umbrella brand, Mahindra Electric, the company will manufacture electric cars, license out i...

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.

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...

ACMA 56th Annual session focuses on ‘Winning with Quality and Innovation’

Automotive Component Manufacturers Association of India (ACMA), the apex body of the Auto Component Industry in India, hosted its 56thAnnual Session & National Conference in the Capital with a session that focussed ...

Punjab is first state to implement automated driver license test tracks

In an age defined by technology, India is also slowly yet surely progressing towards modernisation of its systems and governance. Punjab has been a witness to such a wave of progress after the state implemented the ...

 Volkswagen gets nod for modifying models with 1.2-litre EA189 TDI engine

As part of the ongoing exercises being undertaken to rectify the software glitches that Volkswagen had knowingly done to their diesel car engines, the Federal Motor Transport Authority (KBA) in Germany has approved ...

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 ...

Prelim approval of 2.0L TDI Volkswagen settlement plan in US

Volkswagen AG announced that Judge Charles R. Breyer of the United States District Court for the Northern District of California has granted preliminary approval of the settlement agreement reached on June 28 with p...

Volkswagen settlement worth over $ 15 b in US over diesel emission mess

German car maker Volkswagen will be forking out more than $ 10 billion in a proposed settlement programme in the US in a bid to contain the mess created by a major diesel emissions related scam that rocked the compa...

Toyota Industries Engine India inaugurates new engine plant in Bengaluru

Toyota Industries Engine India (TIEI), a joint venture between Kirloskar Systems Ltd. (KSL) and Toyota Industries Corporation - Japan (TICO), in India, inaugurated a new engine production plant at Jigani Industrial ...

Jaguar Land Rover opens factory in Brazil

Tata Motors owned Jaguar Land Rover has opened its new R$750m (UK Pounds 240m / Rs 2374 crore) manufacturing facility and Education Business Partnership Centre in the state of Rio de Janeiro, Brazil. This is the fir...

Another 1.1 million Volkswagen vehicles to undergo emission modifications

The Federal Motor Transport Authority (KBA) of Germany has given the go-ahead for the modification of around 1.1 million further vehicles of the Volkswagen Passenger Cars, Volkswagen Commercial Vehicles and Audi bra...

Volkswagen Group India begins recall of cars to fix emission glitches

German auto giant Volkswagen will formally begin recalling cars in the country from July 2016 to fix emission software. To begin with the company will recall 198,500 cars in the country next month to fix emission ...

Volkswagen recalls 800,000 cars in Germany for rectifying emission glitches

Volkswagen has now recalled 800,000 cars in Germany for fixing the emissions glitch which it had in 2015 admitted to have resorted to in order to evade strict emission norms. Germany's Federal Motor Transport Author...

Kerala ban on diesel cars sends Indian auto industry into tizzy

The latest ruling of the National Green Tribunal (NGT) banning diesel vehicles with engine capacities of 2000cc and above has sent the entire Indian auto industry in a state of shock and disbelief. The NGT bench hea...

Suzuki Motors apologises but denies cheating; Heads roll in Mitsubishi

Japanese automaker Suzuki Motor Corp. apologised on Wednesday May 18, 2016 for improper road tests that the company had conducted, but denied reports of any cheating on mileage numbers. The Suzuki fuel mileage scand...

Nissan-Mitsubishi alliance: Win-Win for both, Nissan wins twice, says Ghosn

Nissan Motor’s move to acquire a 34 pc equity stake in Mitsubishi Motors Corporation (MMC) will lead to a lot of advantages for Nissan as well MMC, besides reducing costs of development and introducing many more veh...

Mahindra XUV500 Automatic now in Australia

Down Under there is more news beyond cricket. Mahindra Automotive Australia Pty LTD (MAAPL) has launched the Automatic Transmission version of the New Age XUV500 in Australia. The Automatic Option will be available ...

Ban on diesel vehicle not going to achieve desired objective of reducing pollution: SIAM

Citing a study conducted by IIT Kanpur, the Society of Indian Automobile Manufacturers (SIAM) has stated that the Supreme Court ban in the NCR on cars with diesel engines of 2000 cc and above will not result in the...

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...

Volkswagen not to submit interim results in sensitive diesel scam probe

Volkswagen which had earlier stated that it would submit interim results of its probe into the diesel emissions scam, has now said it will not be able to do so because of various sensitive reasons. This decision, th...

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...




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