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 ...

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...

Volvo Cars named as one of the world’s most ethical companies in 2019

Now this is an award that needs to be cherished and respected. Volvo Cars has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a ...

Volvo Cars sets new record in 2018, breaking 600,000 sales milestone

Volvo Cars sets a new global sales record in 2018, breaking the 600,000 sales milestone for the first time ever since the company was founded in 1927. The company’s sales rose 12.4 per cent to 642,253 cars in 2018, ...

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...

Volvo Cars launches new S60 sports sedan, first Volvo car made in USA

Volvo Cars revealed the new S60 mid-size premium sports sedan at the company’s first US manufacturing plant in Charleston, South Carolina. The new Charleston plant has now been officially inaugurated. The combined c...

Volvo Cars Tech Fund invests in automotive sensor company Luminar

Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology...

Volvo Cars hopeful of increased sales & revenues

Volvo Cars, the premium car maker, has announced new financial and operational ambitions that will position the company as a leading player in the global automotive business by the middle of the next decade.

Large orders for Volvo XC40 prompt company to expand production

Sweden based Volvo Cars, the premium car maker, has received almost 80,000 orders for the new award-winning XC40 small SUV and is expanding production in Europe and China in order to meet demand.

Mahindra launches Automobili Pininfarina, a luxury car brand

After acquiring the Italian design house Pinifarina sometime back, Mahindra & Mahindra has announced the launch of Automobili Pininfarina, the world’s newest sustainable luxury car brand. Automobili Pininfarina will...

Volvo Cars finishes CY 2017 with record sales, registers 28 per cent growth

Swedish luxury car company, Volvo Cars, announced a robust 28 per cent annual growth in volumes, ending the calendar year 2017 with highest ever 2029 retails. The sturdy sales performance comes on the back of a grea...

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...

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.

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...

Charles Frump new MD of Volvo Auto India

Volvo Cars has appointed Charles Frump as the new Managing Director to head its India operations. He assumed the new role and office from October 3, 2017 onwards. His predecessor Tom von Bonsdorff completed his tenu...

Volvo Auto India MD Tom von Bonsdorff completes tenure in India

Tom von Bonsdorff, Managing Director, Volvo Auto India has completed his tenure in India and has decided to pursue a new assignment within the Volvo Group in his home country Finland. Volvo Auto India will soon make...

Volvo Cars, Geely to establish joint venture to boost synergies

Volvo Cars is planning to set up a new joint venture technology company with Geely Holding, the Chinese car group, to share existing and future technology, deepen industrial synergies and provide the economies of sc...

Volvo Auto India to assemble cars in Hoskote, Karnataka

Premium car maker Volvo Cars will start vehicle assembly operations in Hoskote, near Bengaluru in the Indian state of Karnataka in 2017. Volvo Cars has established a company in India by the name of Volvo Auto India ...

Rear view sensors for cars will soon be mandatory

With an aim to reduce increasing risk to small children and pedestrians from reversing or rolling back motor vehicles , the government will soon make rear view sensors or backup camera’s mandatory on all new vehicl...

Volvo Auto India strengthens senior management team

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

Volvo Cars, Uber to develop autonomous driving cars; Rs 2004 cr project

Volvo Cars and Uber are to join forces to develop next generation autonomous driving cars. The two companies have signed an agreement to establish a joint project that will develop new base vehicles that will be abl...

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 ...

Pre bookings for the all-new Volvo S90 commence

Volvo Auto India has announced the start of pre-bookings of its soon-to-be-launched premium luxury sedan, Volvo S90 in India. The new S90 marks the beginning of a new chapter in Volvo’s history, capturing its future...

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...

Volvo Cars planning €500m (Rs 34,129.9 crore) bond issue

Volvo Cars, the premium car maker, has announced it is seeking to raise Euros 500m (Rs 3798 crore) from a bond issue, its first foray into the global corporate bond markets in its 89 year history. The Swedish compan...

No sale of new diesel vehicles with 2000cc plus engines till March 31: SC

Unmindful of the repercussions that it could have on the investment climate of the country, the Supreme Court on December 16, 2015 has put a blanket ban on sale of all diesel vehicles in Delhi that have an engine ca...

SC clamps the rich man’s wheels; Common man trampled too

The National Green Tribunal (NGT is going hammer and tongs against diesel vehicles and has called for their ban in Delhi, but in the meantime, the Supreme Court on December 15, 2016 said it was considering a ban on ...

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...

Volvo creates awareness on developing sustainable eco system

In its ongoing efforts to create awareness on creating sustainable eco system, Volvo cars organised a panel discussion in the Capital to deliberate on the ills of air pollution and make recommendations for sustainab...

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...

Only Rs 30,000 for your ten-year old diesel car? Nah!!!

Your ten your old diesel vehicle, whether it is a BMW, Audi, Mercedes-Benz or a Maruti Suzuki or Hyundai car, could fetch you a financial incentive of maybe up to Rs 30,000 in case you are staying in the National Ca...

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...

South India Special Part 2: Karnataka

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

Tom von Bonsdorff is new Managing Director of Volvo Auto India

Jari Kohonen, Vice President Asia-Pacific, Volvo Cars Group has announced that Tom von Bonsdorff has taken up the position as Managing Director, Volvo Auto India effective June 1, 2015. Tom von Bonsdorff has been...

Motown India April 2015 issue out on stands

What have we got for you in our April 2015 Issue of Motown India? Well, for starters, we take a look at all the cars and bikes launched in the month of March which includes the Range Rover Evoque which will now be m...

Royal Enfield to manufacture 450,000 motorcycles in 2015

Having achieved the best ever sales of over 300,000 units for 2014, Royal Enfield, a division of Eicher Motors Ltd (EML) is planning to manufacture 450,000 units in 2015 with a view to becoming a leader in the glob...

BMGI Unveils White Paper on vehicle pricing

Breakthrough Management Group International (BMGI), a global consulting firm, has come out with a white paper on “Demystifying pricing in Passenger Vehicle Industry- Scientific way to stay ahead of curve”. This pap...

Volvo XC60 global sales clear 500,000 units

The Volvo XC60, Volvo Car Group’s best-selling model since 2009, passed the 500,000 units sold mark in April 2014. It has taken the model only little over half a decade to reach this milestone. The model, which ha...

Ford new boss Fields transformed global operations

Mark Fields, the new bossman at Ford Motor Company is an extremely experienced man who has in the past has transformed several of Ford’s operations around the world into much stronger businesses during his 25 years ...

Volvo’s own university’s for its employees

This one’s truly motivating---a company establishing its own university for its employees to hone their skills further. Volvo Group University in Ardenal in Gothenburg has opened its doors as the centre of further e...

Volvo Penta CEO to launch 2 new engines in India

Volvo Penta, a member of the Volvo group and a global leader in the off-road and powergen engine business, has announced the launch of two new CPCB Stage II power generation engines. The engines will be launched in ...

Volvo Cars records 1919m SEK operating profit

Manufacturers of Volvo cars are now finally out of the woods. The Volvo Car Group reported a full-year operating profit of 1,919 million Swedish Kroner (MSEK) (Approx. Rs 1825 crore ) for 2013 and will stay in the ...

IAC inaugurates two new facilities in India

Leading automotive and commercial vehicle interiors supplier, International Automotive Components (IAC), has opened two new facilities in Manesar (Haryana) and Pune (Maharashtra. IAC India is part of Luxembourg b...

Volvo to roll out cars in China

Chinese government authorities have approved Volvo Car Group's (Volvo Cars) establishment of manufac

VECV to export Euro 6 engine base from Pithampur

Commemorating successful completion of five years of partnership between Volvo Group and Eicher Moto

Carl-Peter Forster new member of Volvo Car board

Carl-Peter Forster has been appointed a new member of the Board of Directors of Volvo Car Group (Vol

Mann+Hummel India inaugurates 2nd unit at Bawal

Mann+Hummel India inaugurates its 2nd unit at Bawal

VECV opens fourth automotive lab in India

The MCKVIE-Eicher centre of automotive technology was inaugurated by Rabi Ranjan Chattopadhyay, Mini

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

Akash Passey promoted as VP, Business Region Intl

With 50pc of the Volvo Buses’ business planned to come from Asia by 2015, the company today informed

Eicher bus body manufacturing plant at Dhar (MP)

VE Commercial vehicles limited (Volvo Group and Eicher Motors JV) has done the ground breaking cerem

Largest deal ever for Volvo Buses in Colômbia

Volvo Bus Latin America has recently sold 688 bus chassis to the capital of Colômbia, Bogotá. It's t

Volvo’s super truck deal with US

Volvo Technology of America, Inc. is scheduled to receive $19m (£11.5m) in federal funding

Tomas Ernberg is new MD, Volvo Auto India

Volvo Auto India has announced the appointment of Tomas Ernberg as the new MD of the company

Vincent Tan heads Volvo CE Asia S&M

Effective July 15th, Vincent Tan has been appointed to the role of president of Volvo Construction

‘Volvo Financial Services’ forays into India

Volvo India Pvt. Ltd. and Srei BNP Paribas have announced the formation of an alliance to launch

Power Cruze power steering fluid

RTSSL rolls out ‘Power Cruze’ power steering fluid

Forms and Gears gets into auto components

Forms and Gears gets into auto components

CEO of Volvo Leif Johansson to quit

President and CEO of Volvo, Leif Johansson informed the AB Volvo Board of his intention to resign

Volvo Buses India buys out its JV partner’s stake

Volvo Buses announces the 100 pc buyout of Azad Group share, its JV partner since 2008

ZF inaugurates truck transmission plant in Pune

PUNE: ZF, which has been doing business in India for roughly three decades, has now established an

Analysing traffic accidents

SWEDEN: For 40 years, Volvo Car Corporation's Accident Research Team has studied, documented and ana




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