auto industry

India’s leading rating agency ICRA has estimated that the revenue decline for the Indian auto component industry will be limited to 6-8% in FY2021 supported by the better-than-expected demand pick-up across most seg...

Luxury car maker Mercedes-Benz India announced that it sold 3193 new cars in the January-March 2021 period, hinting at a strong recovery ahead.

Mahindra & Mahindra has signed an MoU with Mahindra MSTC Recycling Private Limited (MMRPL) towards offering its customers first of its kind end-to-end solution for scrapping of vehicles. MMRPL is engaged in the busi...

The Board of Directors of Mahindra and Mahindra Limited announced that Dr. Anish Shah presently the Deputy Managing Director and Group Chief Financial Officer would take over as the Managing Director and Chief Execu...

TVS Motor Company has announced the appointment of global automotive industry icon Prof Sir Ralf Speth to its Board of Directors. The company further announced the appointment of Kuok Meng Xiong as an Independent D...

While providing strong incentives to owners of old vehicles to scrap old and unfit vehicles through registered scrapping centres, the central government in its much awaited Vehicle Scrapping Policy has proposed that...

Kia Motors India, a wholly-owned subsidiary of Kia Corporation, has announced the appointment of Hardeep Singh Brar as National Head of Sales and Marketing, with immediate effect.

Nissan Motor Co. has announced Guillaume Cartier as its new Chairperson for the Africa, Middle East, India, Europe and Oceania (AMIEO) region. Effective April 1, 2021, Cartier will lead all Nissan operations in the...

Indian automotive companies emerging from the COVID-19 crisis can now look forward to sound professional advice to overcome challenges they may be facing on several fronts. The challenges could be related to their i...

TVS Srichakra Ltd., a leading manufacturer of 2 & 3 wheeler and off-highway tyres, announced the launch of eleven new products for the replacement market: eight new high-performance tyre sizes for motorcycles, two f...