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 ...

Delhi gets new electric vehicle policy; Industry hails move

In order to curb rising pollution, the capital city of New Delhi is serious about getting in more electric vehicles to replace IC engine powered vehicles. Announcing its EV policy, the Delhi government aims to regis...

Guardians to be jailed, fined for offences by juveniles driving vehicles

Very soon, traffic violations will invite huge penalties for motorists in India as the Motor Vehicles (Amendment) Bill, 2019 was passed by Rajya Sabha.

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%.

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...

Global Mobility Summit 2018: Hero Cycles wants better e-bicycle penetration

On the occasion of India’s first Global Mobility Summit, organised by the government’s think tank, the NITI Aayog at New Delhi, Pankaj M Munjal, Chairman, Hero Motor Company made an impassioned plea to policy makers...

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.

Ducati India introduces Ducati Financial Services

Ducati India Pvt. Ltd., in partnership with Volkswagen Finance Private Limited (VWFPL), has launched Ducati Financial Services (DFS), which offers Ducati customers a personalised financing solution through the Ducat...

India Kawasaki Motor plays good sport with 13 customers

Thirteen is believed to be an unlucky number. Now this could be a myth. But there were definitely 13 disgruntled customers who had almost given up hope on the Kawaski motorcycles they had booked at a dealership in N...

HMSI inks retail finance MoU with IndusInd Bank.

Providing further stimulus to its domestic growth, Honda Motorcycle & Scooter India Pvt. Ltd. has signed a Memorandum of Understanding with IndusInd Bank, offering retail finance to its customers at an attractive ra...

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...

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...

Bosch Chairman connects lives with humour and meaning at CIS 2015

Dr. Werner Struth, Chairman, Robert Bosch LLC and Member of the Board of Management, Robert Bosch GmbH combined these attributes at the International Consumer Electronics Show (CES) 2015 in Las Vegas, Nevada (USA) t...

Mahindra’s Saab buy part of much bigger strategy

With unconfirmed reports suggesting that Mahindra & Mahindra (M&M) is planning to acquire Sweden based car maker Saab, it is almost confirmed that it has more to do with Anand Mahindra’s dream to become a world lead...

Spyker files for voluntary financial restructuring

Dutch automobile car maker Spyker N.V., together with its wholly owned subsidiary Spyker Automobielen B.V. (collectively “Spyker” or the “Company”), filed a voluntary petition on December 2, 2014 for financial restr...

Maruti Suzuki Is the ‘Most Considered Nameplate’

It is obvious that with increasing demand for cars and the increasing number of car models being offered by different car manufacturers in India, more and more people are likely to scrutinise their options before ac...

GM’s May Barra testifies in US

General Motors CEO Mary Barra testified before the Senate Subcommittee on Consumer Protection, Product Safety and Insurance in the United States, investigating the GM ignition switch recall. “The issues raised in t...

Karl Slym appointed as the new MD of Tata Motors

Tata Motors has appointed Karl Slym as Managing Director.

Renault-Nissan gets majority stake in Avtovaz

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

Daimler Financial Services launched in India

Daimler AG has announced the official launch of its financial services unit in India.

Syndicate Bank & TVS Motor Company sign MOU

Syndicate Bank & TVS Motor Company sign MOU

Bajaj Auto and SBI tie up

Bajaj Auto and SBI tie up to provide inventory finance to dealers

IYM appoints Roy Kurian as National Business Head

India Yamaha Motor Pvt. Limited (IYM) has announced the appointment of Roy Kurian

Exim Bank extends loan of Rs 50 crore to Mahindra

Mahindra Reva Electric Vehicles Pvt. Ltd. has tied-up with the Export-Import Bank of India

Fast track loan on Tata Nano in 48 hours

Tata Motors Finance (TMF) has launched a special Tata Nano finance scheme

AMW signs MOU with Central Bank of India

MUMBAI: Asia Motor Works (AMW), manufacturers of heavy commercial vehicles, signed a Memorandum....

Hyundai Motor signs MoU with OBC

NEW DELHI: Hyundai Motor India Ltd. (HMIL) and Oriental Bank of Commerce, a leading public sector ba




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