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...

Maruti Suzuki provides driving training to 50 lakh aspirants

Maruti Suzuki has achieved the milestone of providing state-of-the-art driving training to 50 lakh aspirants, cumulatively. The milestone includes cumulative figures of the candidates being trained in learner, refre...

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.

Maruti Suzuki Ertiga clocks 500,000 sales in 8 years

Clocking cumulative sales of 5 lakh units in eight years, Maruti Suzuki Ertiga has emerged as India’s best-selling urban MPV. Brand Ertiga has found widespread acceptance among its customers

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...

JLR acquires all-terrain performance specialist Bowler in UK

Jaguar Land Rover, a Tata Motors owned company, has acquired Bowler, the UK-based manufacturer of all-terrain performance cars, parts and rally raid vehicles.

Maruti Suzuki WagonR going strong for last 20 years in India

The iconic Maruti Suzuki WagonR, owned by over 24 lakh families, has completed two decades since its launch in 1999. Consistently featured amongst India’s 10 top selling cars in the last 20 years, WagonR has success...

As millennials brood, Maruti Suzuki Sept 2019 domestic sales slip by 27.1pc

The millennials are still brooding, or so it seems as September domestic sales of total passenger vehicles slipped by as much as (-) 27.1per cent. The company sold a total of 110454 units in September 2019 as compar...

1 millionth Maruti Suzuki car exported from Gujarat’s Mundra Port

Maruti Suzuki India Limited announced that it has achieved the milestone of one millionth car exports from the Mundra Port in Gujarat. An Oxford Blue colour popular sedan Dzire left for Chile from Mundra. Mundra por...

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...

Maruti Suzuki total sales in August 2019 drops 33 per cent

Maruti Suzuki India Limited sold a total of 106,413 units in August 2019 both in the domestic segment as well as exports. This includes 94,728 units in domestic market, 2,333 units of domestic OEM sales and 9,352 un...

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...

Suzuki Motorcycle India bucks sliding trend and grows 18pc in July 2019

While the entire automobile industry sales have taken a severe beating in July 2019, Suzuki Motorcycle India bucked the sliding sales trend and registered an 18 per cent sales growth in July 2019.

Maruti Suzuki domestic sales plunge by more than 36pc at 96478 units for July 2019

Market leader Maruti Suzuki domestic sales for July 2019 has plunged by more than 36 per cent with total units sold at 96,478 compared to 152,427 units recorded in July 2018.

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...

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...

‘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 ...

Toyota, Suzuki announce major global initiatives on new technologies

Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have finally elaborated on their plans to work together not only in India but also globally by leveraging each other’s core strengths on electr...

February 2019, a dismal month for Indian PV & 2-Wheeler manufacturers

The month of February 2019 has been a dismal month for automobile manufacturers, both four wheelers and two wheelers. According to the latest sales data released by the Society of Indian Automobile Manufacturers (SI...

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...

12th Honda Young Engineer and Scientist’s Award presented

Honda Cars India Ltd. (HCIL) presented the 12th Edition of the Young Engineer and Scientist’s (Y-E-S) Award for 2018-19 to 14 students from India’s premium science and technology institute, the IITs, across India.

Devashish Handa is VP, Sales, Marketing at Suzuki Motorcycle India

Suzuki Motorcycle India Private Limited (SMIPL) has announced the appointment of Devashish Handa as the new Vice President for Sales, Marketing& After-Sales. In this capacity, he will be responsible for driving SMIP...

Maruti Suzuki inaugurates Centre of Excellence (CoE) in Manesar

In a bid to enhance employability of youth, Maruti Suzuki India Limited, has undertaken various skill development initiatives under its CSR programme, the latest being the inauguration of a Centre of Excellence (CoE...

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...

Icat releases certification with high security features

International Centre for Automotive Technology (ICAT) has launched a new ICAT certification with high security features. This is a first of its kind initiative taken by any automotive certification agency in India f...

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...

Biju Balendran is Managing Director and CEO, Renault Nissan Automotive India

Biju Balendran is now the new Managing Director and Chief Executive Officer (CEO) of Renault Nissan Automotive India (RNAIPL). Balendran replaces Colin MacDonald, the outgoing MD & CEO, RNAIPL. After successful comp...

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 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...

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...

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...

Maruti Suzuki Japan-India Institute for Manufacturing is now ISO 29990:2010 certified

The Japan-India Institute for Manufacturing set up and managed by Maruti Suzuki at Ganpat University, Mehsana in the state of Gujarat has been awarded with ISO 29990:2010 certification by TUV-SUD. The Japan-India In...

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...

Maruti Suzuki S-Cross achieves 100,000 cumulative sales

Maruti Suzuki’s premium urban offering S-Cross has achieved the milestone of 1-lakh cumulative sales. S-Cross is a flagship product from Maruti Suzuki’s Nexa portfolio and also the most premium offering from the com...

Sajeev Rajasekharan is new Managing Director, Harley-Davidson India

Effective October 10, 2018, Sajeev Rajasekharan has been appointed the Managing Director of Harley-Davidson India. He will be based out of the India Headquarters in Gurgaon, Delhi NCR. In this role, Sajeev will ma...

Maruti Suzuki Ciaz, highest-selling premium sedan of India

Maruti Suzuki’s new Ciaz is India’s highest selling premium sedan in first half of 2018-19. The company has sold over 24,000 units of Ciaz during April-September 2018-19. Currently, Ciaz accounts for 28.8% market sh...

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...

Indian cars to have mandatory pedestrian safety features

Global New Car Assessment Programme (GNCAP) , a UK-based charity that conducts crash safety tests on cars across the world, which is hosting its first ever ‘Global NCAP World Congress’ in New Delhi, India in partner...

Anant Geete assures Indian auto industry of E-mobility Vision support

Ananth G Geete, Minister of Heavy Industry & Public Sector Enterprises assured the Indian auto industry that his ministry would take them along to adopt electric mobility. He told the automotive industry that promot...

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...

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...

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...

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...

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...

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...

Production commences for all-new 2nd Generation Honda Amaze

Honda Cars India Ltd. (HCIL) has commenced the production of its much awaited all-new 2nd Generation Honda Amaze. The car is being manufactured at HCIL’s Tapukara plant in India’s northern state of Rajasthan. India,...

Triumph Motorcycles India steps up presence in tier 2, unexplored markets

Triumph Motorcycles India Private Limited, a leading premium luxury motorcycle manufacturer based in the UK, has formalised a strategy to make its presence in India’s tier II market and other unexplored markets. The...

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...

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...

Maruti Suzuki achieves cumulative sales of 35 lakh with Alto

One of the country's most trusted car brands Maruti Suzuki has achieved a unique milestone by selling a cumulative 35 lakh units of their entry level hatchback - Alto. The company has been able to achieve a stable g...

Tata Technologies becomes NIO’s preferred Engineering Partner for its EV range

Tata Technologies, a global engineering services provider, has announced a close association with NIO China, a leading new-generation electric car company, in the complete product development process of NIO’s range ...

JK Tyre & Industries appoints Rajiv Prasad as President (India Operations)

JK Tyre & Industries Ltd, the tyre major and leaders of radial tyres in India, announced the appointment of Rajiv Prasad as its President (India Operations). Prasad, brings with him a rich experience of managing la...

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...

Suzuki Motorcycle India clocks 50pc year on year growth

Suzuki Motorcycle India Private Limited (SMIPL) rounded off a successful year 2018, clocking an overall sale of 39,786 units during December 2017 to record a year-on-year growth of 50.16%. Once again, Suzuki Motorcy...

Maruti passenger vehicles grow by 11pc in December 2017

Leading passenger car manufacturer Maruti Suzuki India Limited sold a total of 118560 units of passenger vehicles in the domestic market in December 2017, as compared to 106388 units in December 2016, thereby growin...

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 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...

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.

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...

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...

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...

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...

Yamaha Chennai factory achieves 1 million production milestone

India Yamaha Motor Pvt. Ltd. (IYM) has reached a major milestone of producing its one-millionth unit from the Chennai Factory on September 22, 2017. The one millionth model rolled out of the IYM’s Chennai factory is...

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...

Modi, Japanese PM Abe inaugurate Suzuki lithium ion battery plant

Indian Prime Minister Narendra Modi and his counterpart from Japan Shinzo Abe have inaugurated the Suzuki Motor Gujarat Private Limited's vehicle manufacturing facilities and lithium ion battery manufacturing facili...

Force Motors ties up with Rolls Royce Power Systems

Leading commercial vehicle and engine manufacturer and Abhay Firodia controlled Force Motors has entered into a non-binding term sheet with Rolls Royce Power System AG (R-RPS) to form an Indian joint venture company...

Additional cess on cars could take prices above pre-GST levels

The government has announced a graded duty revision on cars, as part of the GST (Goods & Service Tax) council’s rate revision. As part of this graded increase, an additional cess of 2% has been levied on mid-size c...

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...

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.

Dr. Tim Leverton calls it quits at Tata Motors

Dr. Tim Leverton, President and Chief Technical Officer has decided to leave the company and relocate to UK for personal reasons. Tata Motors announced on September 4, 2017 that Dr. Timothy (Tim) Leverton has decide...

Royal Enfield 3rd manufacturing facility begins commercial production

Motorcycle manufacturer Royal Enfield has started commercial production from its new manufacturing facility at Vallam Vadagal near Chennai, Tamil Nadu in India. Spread over 50 acres, the Vallam Vadagal plant will be...

Tata Motors appoints PB Balaji as new Chief Financial Officer

Tata Motors has appointed P B Balaji as the new Chief Financial Officer of the Tata Motors Group from November 2017. Balaji is a global finance professional with over two decades of experience in the corporate secto...

Bajaj Auto, Triumph Motorcycles UK global partnership for mid-capacity bikes

Triumph Motorcycles of UK and Bajaj Auto have announced a global partnership to deliver a range of mid-capacity motorcycles (300cc to 500cc) benefiting from the collective strengths of both companies. This partnersh...

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...

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...

Top losers and gainers in Indian passenger cars sales in April 2017

Despite the economy looking up and the Indian car industry showing a positive growth of 14.68 in domestic sales in April 2017 at 277,602 units, five out of 16 companies have show negative sales in April 2017 as comp...

Autonomous driving, e-cars enjoy widespread global acceptance

Roland Berger's first Automotive Disruption Radar has revealed that there is a widespread global acceptance for autonomous driving and electric cars. Designed to help automotive industry players make investment deci...

Suzuki Motorcycle India rolls out 3 millionth vehicle

Suzuki Motorcycle India Private Limited (SMIPL) has achieved a significant production milestone by making in India its 3 millionth vehicle at its plant in Gurgaon, Haryana. The roll out of the landmark vehicle was c...

Dharmesh Arora is new Managing Director of FAG Bearings India Ltd.

Dharmesh Arora has been appointed as the Managing Director of FAG Bearings India Limited effective March 6, 2017. Arora is currently the President & CEO of the Schaeffler Group in India (parent company of FAG Beari...

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...

Sales of Maruti Suzuki Smart Hybrid Vehicles surpass one lakh units

Maruti Suzuki India Limited has announced that its Smart Hybrid vehicles – Ciaz SHVS and Ertiga SHVS – have crossed cumulative sales of 100,000 units in February 2017. This marks the success of Maruti Suzuki’s effor...

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...

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...

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...

200th Maruti Suzuki Nexa showroom inaugurated

Expanding its premium automotive experience, India’s leading passenger vehicle maker, Maruti Suzuki India Limited has inaugurated its 200th Nexa showroom in Hyderabad. Nexa, the fastest growing auto retail channel i...

Maruti Suzuki Vitara Brezza, TVS Apache RTR 200 4V grab ICOTY, IMOTY 2017 Awards

The 12th Indian Car of the Year (ICOTY) and the 10th Indian Motorcycle of the Year (IMOTY) Awards were handed out to Maruti Suzki and TVS Motor Company

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 – ...

7 millionth car rolls out of Hyundai Motor India plant in Chennai

A top of the trim, white Creta AT, which had the distinction of creating history in the Hyundai world by being the 7 millionth car, rolled off the production lines with Y.K Koo, Managing Director, Hyundai Motor Indi...

Kia plant in India likely to be part of Hyundai Group US$ 73 billion global investments in 2015-18

Hyundai Motor Group has earmarked around US$73 billion in facilities and R&D between 2015-2018. The US $44 billion Kia Motors Corporation, a leading car manufacturer based in South Korea and a company which is part ...

Maruti Suzuki MD Kenichi Ayukawa awarded

Kenichi Ayukawa, MD & CEO, Maruti Suzuki India Limited, was awarded ‘Best CEO – Multinational Company’ at Forbes India Leadership Awards (FILA) 2016 in Mumbai. Ayukawa was selected for steering Maruti Suzuki towards...

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...

Baleno sales cross one lakh units in domestic market

Cumulative sales for the Baleno, Maruti Suzuki India Limited's (MSIL) premium hatchback has crossed the one lakh mark on October 4, 2016, nearly a year after its launch back in October, 2015. The company recorded a ...

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...




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