Prashanth Doreswamy to Head Continental Corporation in India

Prashanth Doreswamy will succeed Claude d'Gama Rose as the Market Head of Continental India and Managing Director, Continental Automotive India. Rose who will be retiring shall be succeeded by Doreswamy on October 1...

Sanjiv Gupta is new President & Managing Director of GM India

GM India has announced that President and Managing Director Kaher Kazem will hand over the reins of the company to Chief Financial Officer Sanjiv Gupta from September 1. Kazem, who will become president and CEO of G...

Tata Motors appoints PB Balaji as new Chief Financial Officer

Tata Motors has appointed P B Balaji as the new Chief Financial Officer of the Tata Motors Group from November 2017. Balaji is a global finance professional with over two decades of experience in the corporate secto...

JSW Energy to invest Rs 4000 cr in e-vehicles, energy storage systems business

JSW Energy Limited, part of the JSW Group and a growing energy company is planning to launch its own electric vehicle by 2020. The company is keen to enter into electric vehicles, energy storage systems and associat...

Skoda Auto, Tata Motors call off talks on partnership

For lack of technical or economic synergies, leading automotive players Skoda Auto and Tata Motors Ltd have ended their detailed negotiations on a strategic partnership. Skoda has assessed and evaluated a potential ...

Bajaj Auto, Triumph Motorcycles UK global partnership for mid-capacity bikes

Triumph Motorcycles of UK and Bajaj Auto have announced a global partnership to deliver a range of mid-capacity motorcycles (300cc to 500cc) benefiting from the collective strengths of both companies. This partnersh...

Increase in GST cess on luxury cars will reverse positive momentum, says Mercedes

Mercedes-Benz India has categorically stated that the decision of the Goods and Services Tax Council to raise the cess on luxury cars from the current level of 15pc to 25pc will be a strong deterrent to the growth o...

HMSI  inaugurates 4th assembly line in Karnataka plant

With the inauguration of the 4th assembly line at the Karnataka plant of Honda Motorcycle & Scooter India (HMSI), India is now the biggest production base of Honda worldwide. The new 4th line of 0.6 million annual c...

Saitama City, Honda, Yamaha begin evaluating e-motorcycles

Saitama City in Japan, Honda Motor Co and Yamaha Motor Co will begin evaluation testing towards the expansion of the use of electric motorcycles. As part of Saitama City’s “E-Kizuna Project” measures to promote the ...

Volvo Cars, Geely to establish joint venture to boost synergies

Volvo Cars is planning to set up a new joint venture technology company with Geely Holding, the Chinese car group, to share existing and future technology, deepen industrial synergies and provide the economies of sc...