Auto Industry

Luxury car brand Mercedes-Benz India clocked the highest ever yearly, half-yearly and also Q4 sales in 2017. By registering record sale of 15,330 units in the January to December 2017 period, Mercedes-Benz grew its ...

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...

BMW Group has delivered its best sales performance in India to date in calendar year 2017 with all three brands – BMW, MINI and Motorrad.BMW Group India delivered 9800 cars (BMW + MINI) in 2017, registering a growth...

Technology company Continental has signed a definitive agreement to acquire a 5 percent indirect ownership stake in HERE Technologies, a global leader in mapping and location services. The share will be sold by HERE...

Samvardhana Motherson International Limited (SAMIL), the principal holding company of Samvardhana Motherson Group has announced that it has successfully acquired 100% of MS Global India Pvt Ltd (MSGI), from the Kore...

Honda Motorcycle Scooter India Pvt. Ltd. (HMSI) has closed the calendar year 2017 with historic sales on back of sustained demand for its two-wheelers. For the first time in its 17 years of Indian operations, Honda’...

Jaguar Land Rover India announced a growth of 49 percent in volume for the calendar year 2017. The company sold 3954 units sold during this period. Contribution to this growth came from almost all model lines of Ja...

Skoda Auto India sold 17,438 cars in 2017, achieving a 30 % more sales than the previous year (2016).The New Octavia, New Rapid and New Kodiaq contributed significantly to the overall growth of the brand. The brand ...

Toyota Kirloskar has announced the promotion of Mr. N Raja as the Deputy Managing Director [subject to board approval] covering Sales & Service functional areas. Raja has been with Toyota Kirloskar Motor for the la...

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 ...