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...

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...

Slow takeoff for electric cars in India, says Bloomberg study

As dependence on conventional fossil fuels abates considerably all over the world in the coming years, electricity generated by wind, sun and batteries will define the way power is generated. The share of coal will ...

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 ...

Mahindra, Uber join hands to deploy electric vehicles

Mahindra, Uber join hands to deploy electric vehicles

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 ...

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 ...

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...

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 ...

Ford India’s Chennai plant produces one millionth vehicle and engine

Ford India’s Chennai plant has reached a production milestone by rolling out the one millionth vehicle and engine at its Chennai Vehicle Assembly and Engine Plant (CVAEP). The company had started its operations in 1...

Hero MotoCorp sets up global facility in Colombia, a first for the company

Leading Indian motorcycle manufacturer Hero MotoCorp Ltd. (HMCL) set a historic milestone with its ‘first’ global manufacturing facility, at Villa Rica, in Colombia going operational, on September 8, 2015.

Hero MotoCorp subsidiary to acquire Erik Buell Racing's assets

The wholly owned subsidiaries of HMCL --- HMCL NA, Inc. and HMCL Americas, Inc.----as per a “Settlement Agreement,” have agreed that HMCL Americas Inc. will acquire the ownership of certain tangible and intangible a...

South India Special Part 1: Tamil Nadu

Five states comprising Tamil Nadu, Kerala, Andhra Pradesh, Karnataka and the newly formed state of Telangana make up South India. Among these, it’s Tamil Nadu that is way ahead when it comes to its contribution to t...

Ford sets the ball rolling in Sanand with new plant inauguration

Ford Motor Company is betting big in India and has on March 26, 2015 inaugurated an integrated manufacturing facility including a state-of-the-art vehicle manufacturing facility and a world-class engine plant in San...

Lego overtakes Ferrari as the world’s most powerful brand

Lego brand scores highly on a wide variety of measures on Brand Finance’s Brand Strength Index such as familiarity, loyalty, promotion, staff satisfaction and corporate reputation. Lego is a uniquely creative and im...

Hero MotoCorp “garden factory” in Neemrana

The Hero MotoCorp Ltd plant at Neemrana in Rajasthan has gone on stream. The plant will contribute towards enabling the company to surpass 100 million units in cumulative production by year 2020.

AMP 2016 growth targets to fall short of 20-25pc

The sluggish macro-economic factors during the last three years have led to a significant slowdown, which is amongst the worst that the Indian automotive industry has witnessed. This has impacted the pace of growth ...

Mahindra Logistics receives Rs 200 cr investment

Mahindra Logistics of Mahindra Group has received an investment of Rs 200 crore for a significant minority stake from Kedaara Capital, according to a media release from the company. This is the venture capitalists’ ...

Unique Spyker bond offers B6 Venator as redemption

Dutch supercar maker Spyker N.V may have delayed its plans to enter India but has in the meantime introduced first-of-its-kind investment opportunity to support launch of its Spyker B6 Venator. The company has creat...

Apollo Tyres snaps up US-based Cooper for US$ 2.5b

Apollo Tyres Ltd and Cooper Tire & Rubber Company have announced the execution of a definitive merge

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

National Electric Mobility Mission Plan 2020 soon

The National Electric Mobility Mission Plan 2020 is expected to be launched by Prime Minister Manmoh

US$ 43.4 bn earned by industry in FY2011-12: ACMA

ACMA, the apex body representing India’s Auto Component manufacturing industry

Ford India expands engine plant by 36pc

Ford India has announced it has completed the expansion of its engine plant, increasing annual engin

Mahindra introduces vehicles for Kenya

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

Renault-Nissan gets majority stake in Avtovaz

The Renault-Nissan Alliance and state corporation Russian Technologies have agreed to create a joint

Ford India lays foundation for US$ 1 billion plant

Ford India is laying the foundation for its new US$1 billion state-of-the-art, integrated manufactu

Manish Sahi to lead Volvo Buses India

With India poised to play a key role in the Asia region, the Volvo Buses has announced that Manish S

Union Budget 2012-13 & auto industry

The Annual Budget 2012-13 has been tabled in the parliament and is widely believed to move and shake

Caterpillar to invest US$150 mn for engine unit

Caterpillar Inc. , a leading American machine and engine manufacturer, has announced that it will

Anand Mahindra appointed as honorary envoy

Anand Mahindra, Vice Chairman and Managing Director, Mahindra Group, has been appointed Honorary Amb

Mercurio Pallia Logistic  to start trailer unit

Mercurio Pallia Logisitcs Pvt Lts, a joint venture company between Gruppo Mercurio SPA of Italy and

Ford India breaks ground on new site in Gujarat

Ford India broke ground for its new, state-of-the-art integrated manufacturing facility in Sanand

Auto comp industry earns US$ 39.9 bn revenue

ACMA, the apex body representing India’s Auto Component manufacturing industry, has announced

Hero MotoCorp unveils global brand identity

Hero MotoCorp Ltd., formerly known as Hero Honda, has launched its new name and logo at the O2 Arena

NK Minda Group rolls out four-wheeler CNG kits

NK Minda Group rolls out four-wheeler CNG kits

‘Namaste Gujarat’: Ford India to invest Rs 4000 cr

Ford Motor Company announced it will build an integrated manufacturing facility in Gujarat

Nissan produces 100,000th Micra in India

Nissan produces 100,000th Micra in India

Ford India starts prodn of all-new Ford Fiesta

Ford India starts production of all-new Ford Fiesta

Apollo Tyres partners Ideal Motors in Sri Lanka

Apollo Tyres partners Ideal Motors in Sri Lanka

Ford India announces U.S. $72m investment

Ford India announces U.S. $72m investment to increase engine plant output

Tenneco products for Toyota Etios

Tenneco products for Toyota Etios

Cummins India inaugurates its three plants

Cummins India inaugurates its three plants in India

Cummins India builds 3 plants for Rs 500 cr

Cummins in India has inaugurated its 300-acre project at Phaltan

Ssangyong-Mahindra Sign Definitive Agreement

Ssangyong Motor Company M&M its preferred bidder, announced the signing of a definitive agreement

GM Inaugurates Flexi-Engine Plant in Talegaon

TALEGAON- General Motors has inaugurated its new flexible-engine facility at Talegaon near Pune...

Ford $ 500 million for China engine plant

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




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