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...
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’...
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 ...
Ford India’s combined domestic wholesales and exports in December 2017 recorded 29,795 vehicles compared to 23,470 vehicles in the same month last year, registering a growth of 27%. The company saw a drop in sales o...
Toyota Kirloskar Motor sold a total of 10793 units in the domestic market in December 2017. The company exported 812 units of the Etios series this month thus clocking a total of 11,605 units. In the month of Decem...
Hero MotoCorp Ltd., the world’s largest two-wheeler manufacturer, capped-off the calendar year (January-December 2017) with yet another global benchmark, surpassing the landmark seven million units in cumulative sal...
Tata Motors recorded a strong sales performance for December 2017. The Commercial and Passenger Vehicles domestic sales in December 2017 was at 54,627 units as against 35,825 units in December 2016, a growth of 52%...
Leading two-wheeler manufacturer Bajaj Auto which manufactures and sells motorcycles under the brand name Bajaj and KTM, has managed to export more motorcycles out of India than its total domestic sales. The company...
Reinforcing its strong presence in India’s two-wheeler safety market, Steelbird Hi-Tech India Limited has achieved a significant milestone with its popular SBA-20 helmet crossing 10 lakh units (1 mill...
Michelin announced the launch of the Michelin X Multi Energy Z2, a new-generation truck and bus tyre developed for Indian operating conditions and tested on Indian highways.
Uno Minda, a leading Tier 1 supplier of proprietary automotive solutions to Original Equipment Manufacturers (OEMs), has launched its 10-Inch active under-seat subwoofer, featuring 200W RMS power in a...