auto industry

Mahindra Partners, the $900 million private equity division of the Mahindra group, has announced that it has closed a new round of financing in Scoot Networks, an urban mobility solutions provider based in San Franc...

German car maker Volkswagen will be forking out more than $ 10 billion in a proposed settlement programme in the US in a bid to contain the mess created by a major diesel emissions related scam that rocked the compa...

Toyota Industries Engine India (TIEI), a joint venture between Kirloskar Systems Ltd. (KSL) and Toyota Industries Corporation - Japan (TICO), in India, inaugurated a new engine production plant at Jigani Industrial ...

GM India announced that it will extend production at its Halol Assembly Plant until March 2017 while it continues to review future options for the site. GM will also produce the upgraded Tavera at Halol.

Interview with Prasan Firodia, Managing Director, Force Motors Ltd

Force Motors has inaugurated a new engine and axle assembly plant exclusively for Mercedes-Benz India in Chakan, Pune. The Firodia controlled company has invested around Rs 100 crore in this new greenfield facility....

Automobili Lamborghini has announced the opening of its new Seattle-based carbon fibre research facility, the Advanced Composite Structures Laboratory (ACSL). Operating as an entity outside of the company's headq...

The 5th edition of SAEIndia Supra, India’s biggest formula student competition, will be held from July 4-9, 2016 at the Buddh International Circuit in Greater Noida. This year's edition has received 3750 entries and...

In the bad old days, two words were often considered taboo – Sex and Luxury. In a conservative India, talking about sex was a big “No”. Equally, in a socialist driven economy, the term “Luxury” was pure blasphemy. B...

APM Terminals Inland Services, South Asia has signed an exclusive agreement with Gothenburg, Sweden-based Volvo Cars to provide a dedicated, specialised warehouse facility in Chennai. The customised warehouse will p...