Honda 2Wheelers India temporarily shuts down operations

Honda Motorcycle & Scooter India Pvt. Ltd. announced precautionary measure as it diligently monitors current COVID-19 pandemic situation. The company has temporarily announced shutdown of operations across all its f...

Warburg Pincus to invest $150 million in Apollo Tyres

The Board of Directors of Apollo Tyres Ltd has approved an issuance of compulsorily convertible preference shares in the company worth Rs 1080 crore million (approximately US$150 million) to an affiliate of Warburg ...

Shriram Automall acquires Bluejack, an  online car  auction platform

Shriram Automall India Limited (SAMIL) which is backed by Shriram Group & CarTrade, has acquired BlueJack, an online car selling portal in a bid to accelerate its offline auction market position with online used ca...

Great Wall Motor expands to Thailand, coinciding with India debut

Post its India debut, Great Wall Motor (GWM) is expanding its global footprint by signing an agreement for the purchase of General Motors’ manufacturing facility in Rayong, Thailand. This announcement is subject to ...

Hero Electric appoints Piyush Prasad as new National Business Head

Electric vehicle brand Hero Electric has appointed Piyush Prasad as the National Business Head. Prasad will be responsible for the overall business growth, expanding product sales and will oversee the customer satis...

Valeo Group appoints Jayakumar G as India Group President, MD

Valeo, the global automotive technology supplier has appointed Jayakumar G as the India Group President and Managing Director. Jayakumar is currently the Managing Director of Amalgamations Valeo Clutches Private Lim...

Ralf Speth to retire as CEO, Jaguar Land Rover; To continue as vice chairman of JLR

Ralf Speth has decided to retire from his current role as Executive Director and Chief Executive Officer of Jaguar Land Rover at the end of his contract term in September 2020. He will however, continue his relation...

Mahindra Electric launches new brand identity

Mahindra Electric Mobility Ltd unveiled a new corporate brand identity with a new logo and tagline - ‘Spark the New’. The new brand identity is meant to give the brand a renewed thrust to achieve its global ambition...

Honda 2Wheelers India cumulative exports cross the 25 lakh units

Honda Motorcycle & Scooter India (HMSI) (Honda 2Wheelers India) has recorded cumulative exports of over 25 lakh units in its 19th year of operations. Honda 2Wheelers India started exports from India in 2001 with its...

Hero Cycles acquires German e-bike pioneers HNF Group

Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...




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