SC bans BS III vehicles; Industry saddled with 8.2 lakh vehicles

The Supreme Court has banned sale of Bharat Stage III (BS-III) vehicles after March 31, 2017. This ruling will have an adverse effect on the Indian automobile industry which currently has an unsold inventory of near...

Minoru Kato new President & CEO, Honda Motorcycle & Scooter India

Honda Motor Co., Ltd. has announced top management change in Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) with Minoru Kato being appointed as new President & CEO of HMSI with effect from April 1, 2017.

GM signs three-year wage agreement at Talegaon plant

GM India and the General Motors Employees union have signed a new three-year wage agreement that will support further advances in vehicle manufacturing quality, efficiency and an improved work environment.

Yamaha YZF-R3, Cygnus Ray-ZR win India Design Mark (I Mark)

India Yamaha Motor has received the prestigious India Design Mark (I Mark) certification from the India Design Council for its products, the YZF-R3 and Cygnus Ray-ZR. This is the 6th consecutive year that Yamaha has...

Gulf Petrochem appoints R. K. Mehra as Strategic Advisor

Gulf Petrochem Group announced that its Board of Directors has appointed Rakesh Mehra as Strategic Advisor for the group with immediate effect. Prior to being appointed, he held a number of executive positions most...

Tata Motors, Volkswagen Group , Skoda sign MOU for exploring JVs

Tata Motors has signed a Memorandum of Understanding (MoU) for a long-term partnership with Volkswagen Group and Skoda, to explore strategic alliance opportunity for joint development of products. The agreement has ...

Dharmesh Arora is new Managing Director of FAG Bearings India Ltd.

Dharmesh Arora has been appointed as the Managing Director of FAG Bearings India Limited effective March 6, 2017. Arora is currently the President & CEO of the Schaeffler Group in India (parent company of FAG Beari...

Hiroto Saikawa is new Nissan CEO; Carlos Ghosn continues as Chairman

Begin April 1, 2017, Hiroto Saikawa will be the new Chief Executive Officer of Nissan Motors. The decision to appoint Saikawa was taken at the recommendation of Chairman of the Board and Chief Executive Officer Carl...

Uno Minda Group in JV agreement with Katolec Corporation of Japan

Minda Industries Limited, the flagship company of Uno Minda Group has entered into Joint Venture (JV) agreement with Katolec Corporation, Japan. The proposed name for the joint venture company is Minda Katolec Elect...

Sales of Maruti Suzuki Smart Hybrid Vehicles surpass one lakh units

Maruti Suzuki India Limited has announced that its Smart Hybrid vehicles – Ciaz SHVS and Ertiga SHVS – have crossed cumulative sales of 100,000 units in February 2017. This marks the success of Maruti Suzuki’s effor...