The Renault Nissan Alliance is implementing a convergence plan which will result in a minimum Euro 4.3 billion (Rs 36,542 crore approx.) annual synergy goal by 2016. The convergence will happen in four key areas: En...
Though not required by law, the Board of Directors of Maruti Suzuki India Limited (MSIL) in a meeting held on March 15, 2014 has decided to seek minority shareholders’ approval as stipulated in Section 188 of the Co...
Dr. V Sumantran has stepped down from the Vice Chairman post in Hinduja Automotive Ltd, the holding company of Ashok Leyland effective March 31, 2014. Dr. Sumantran has also stepped down from his position on the Bo...
March 19, 2014 will see the Datsun Go being launched officially in India with the company announcing its prices. In Russia the date is April 4, 2014, when the first Datsun car gets unveiled in Moscow. Datsun has rel...
The turnover may not sound very impressive because this Italian super sports car manufacturer is a niche player in the global automotive industry. The company delivered 2121 cars worldwide in the whole of 2013 as co...
The Audi Group delivered around 1.575 million cars of the Audi brand globally in 2013. The Ingolstadt (Germany) carmaker achieved new record sales and reached the target that it had set itself for 2015 – more than...
Now that the production of the BMW i8 soon commences at the BMW Group plant in Leipzig, the launch too is very imminent. In European markets, customers will start getting their cars in June 2014 onward. Customers h...
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...
Around 20 years ago, the internet revolutionised the world when it allowed humans to communicate and learn at a level never imagined before. Now the same internet will revolutionise the car. Bosch is leading this mi...
Thierry Lespiaucq has taken over as Managing Director, Volkswagen Group Sales India Private Limited in place of Arvind Saxena who has resigned from his position as Director of Volkswagen Passenger Cars Division in I...
Chiltier, a wearable climate technology company, has announced the launch of its much-anticipated Hydro Vest, a thermoelectric personal cooling and heating system. The vest has been designed to help u...
Apollo Tyres Ltd has formally inaugurated its state-of-the-art dedicated outdoor tyre testing facility at Ivalo, Finland. The setting up of this facility was announced few months back and it became fu...
Ahmedabad-based drivebuddy AI, a leading innovator in AI-powered Advanced Driver Assistance Systems (ADAS) and Driver Monitoring Systems (DMS), showcased its AI and vision-based safety solutions at th...