Maruti Suzuki commences export of SUV Fronx to Japan

Maruti Suzuki India Limited, India’s leading automobile manufacturing company, commenced export of its ‘Made-in-India’ SUV Fronx to Japan.

Ajay Shanker is Ultraviolette CFO; Company partners with Mantra Academy

Ultraviolette Automotive, an electric two wheeler manufacturer, has appointed Ajay Shanker as its Chief Financial Officer (CFO). Ajay comes with a rich background spanning over 25 years in pivotal financial roles at...

Omega Seiki, Attero plan to recycle over 100 MWh of battery in next 3-4 years

In a landmark move for both the electric vehicle (EV) sector and e-waste management, Omega Seiki Private Limited (OSPL), a prominent figure in the electric vehicle industry, and Attero, a distinguished leader in e-w...

Maruti Suzuki commences export of India-manufactured Jimny 5-door

Maruti Suzuki, the number one passenger vehicle exporter as per SIAM, for two consecutive years, has started exports of its off-roader, the Jimny 5-door. The vehicle will be shipped to destinations including Latin A...

Automechanika Dubai 2023 sees huge India auto component indy participation

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, together with Engineering Exports Promotion Council of India (EEPC India) organised participation of it...

Urban-X by Mini introduced in India

Mini India announced the launch of Urban-X by Mini in India. Urban-X supports Indian urban tech startups for the first time under the global Mini Impact Program.

Skoda Auto Volkswagen India crosses 600,000 car exports milestone

Skoda Auto Volkswagen India Private Limited (SAVWIPL), has achieved the 600,000 export milestone for cars produced at its manufacturing facility in Chakan, Pune.

Mahindra unveils new visual identity for Born EVs

Mahindra Electric Automobiles Limited (MEAL), a newly set-up subsidiary of Mahindra & Mahindra, pioneers of the SUV segment in India, unveiled a powerful and distinctive new visual identity for its forthcoming range...

Japan’s Musashi Seimitsu Industries announces E-mobility foray in India

Musashi India, a 100% owned subsidiary of Musashi Seimitsu Industries, Japan and a leading manufacturer of two-wheeler and four-wheeler transmission components in India, has announced its foray in the E-mobility spa...

EV battery manufacturing to drive demand for 2,400 acres of land by 2030:CBRE

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘Electric Vehicles in India – New Wheels on the Roads’. The report focuses on the real estate strateg...

TVS HLX series clocks3 million global sales milestone

TVS Motor Company has announced that the TVS HLX series has achieved a milestone of 3 million sales across 54 countries. This is the fastest million milestone that the brand has achieved in 17 months and it represen...

Kabira Mobility, Al-Abdulla Group to make Rs 300 cr Investment in EV plant

In a joint venture partnership with Al-Abdullah Group, Qatar, Kabira Mobility, the company behind KM3000 and KM4000, India’s fastest and longest riding bikes on road, announced its investment of Rs 300 crore in the ...

Maruti Suzuki commences exports of Grand Vitara

India’s leading passenger vehicle exporter Maruti Suzuki has commenced exports of its highly successful premium SUV, Grand Vitara. The first shipment of Grand Vitara sailed to Latin America from the Kamarajar port r...

PM inaugurates DefExpo22 in Gandhinagar, Gujarat

Prime Minister, Narendra Modi inaugurated the DefExpo22 at Mahatma Mandir Convention and Exhibition Centre in Gandhinagar, Gujarat.

Apollo Tyres appoints Vikram Garga as Group Head, Marketing

Apollo Tyres has appointed automotive industry veteran Vikram Garga as Group Head, Marketing for the Asia Pacific, Middle East & Africa (APMEA) region. Vikram Garga would be spearheading the regional marketing team ...

Renault Kiger achieves 50,000 production milestone in India

Renault India has rolled out the 50,000th Renault Kiger from its plant in Chennai and to celebrate this milestone the company has introduced a new Stealth Black exterior colour in the Renault Kiger range.

Nissan Motor India inaugurates new corporate headquarters in Gurugram

Nissan Motor India Ltd inaugurated its new Corporate Headquarters in Gurugram, one of India’s largest hubs for international businesses.

Sudarshan Venu elevated as Managing Director of TVS Motor Company

TVS Motor Company has announced at its board meeting the elevation of Sudarshan Venu as Managing Director of the company effective May 5, 2022.

Skoda Auto Volkswagen India commences exports of Volkswagen T-Cross

Skoda Auto Volkswagen India Private Limited (SAVWIPL) has marked another important milestone in its INDIA 2.0 journey with the commencement of the export of the Made in India Volkswagen T-Cross. The Volkswagen T-Cro...

India-built Nissan Magnite exported to 15 global markets

Nissan has expanded the number of export markets for its highly popular Magnite compact SUV to 15 in total, following a successful first year on sale.

Renault India achieves 1 lakh exports milestone

Renault India marks the beginning of 2022 on a high note by achieving a new milestone of 1 Lakh exports.

Record-breaking 2021 for Automobili Lamborghini with 8,405 cars delivered

Automobili Lamborghini ended 2021 with a remarkable all-time record: 8,405 cars were delivered worldwide, making it the company’s best year ever on that front. Sales were up by 13% on 2020 due to a targeted and moni...

Eishin Chihana appointed new chairman of Yamaha Motor India Group

India Yamaha Motor (IYM) Pvt Ltd. has announced that Eishin Chihana has taken charge of the Group’s India operations as its new Chairman. Eishin Chihana has been associated with Yamaha Motor Company and its group co...

Ford technicians using TeamViewer frontline augmented reality

TeamViewer, a leading global provider of remote connectivity and workplace digitalisation solutions, announced that Ford Motor Company is using TeamViewer’s Frontline solution to add augmented reality (AR) “See What...

Power Global, Rap Eco Motors tie up for swappable battery technology

Power Global, a leading provider of high-performance clean energy and mobility products for everyday applications, has announced a strategic partnership to supply its eZee swappable lithium-ion battery technology to...

INTERVIEW WITH UDAY NARANG Chairman, Anglian Omega Group & Omega Seiki Mobility

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

Hyundai Motor India rolls out 10 millionth car from Chennai plant

Leading car manufacturer Hyundai Motor India Ltd (HMIL), achieved a production milestone by rolling out its 10 millionth car from its manufacturing facility in near Chennai in the southern state of Tamil Nadu.

Nissan Magnite exported to Nepal, Indonesia, South Africa

Nissan India has announced the exports of the all-new Nissan Magnite in Indonesia, South Africa and Nepal. Since the launch of the all-new Nissan Magnite in December 2020, Nissan India has produced 15,010 sub-compac...

Satoshi Uchida is Head of Suzuki Motorcycle India

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), announced the appointment of Satoshi Uchida as the new company head. As a part of the SMC’s global revamp, Satoshi Uchida succeeded Koichiro Hirao with effect from May 1, 2...

New Nissan Chairperson for Africa, Middle East, India, Europe & Oceania region

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...

Maruti Suzuki begins production and export of Jimny SUV from India

Maruti Suzuki India has commenced export of Suzuki’s celebrated compact off-roader Jimny from India. The first shipment of 184 units left from Mundra port to Latin American countries such as Columbia and Peru. The i...

Stellantis begins its journey with new Board of Directors AUTO INDUSTRY NEWS

Finally and formally two major car companies of the world, Peugeot S.A. (Groupe PSA) of France and Fiat Chrysler Automobiles N.V (FCA) of Italy, have merged and a new entity has emerged, Stellantis. The word Stellan...

AUTO COMPONENTS: ACMA Automechanika New Delhi 2021 to go hybrid

ACMA Automechanika New Delhi is all set to go hybrid from 2021. Messe Frankfurt India together with Auto Component Manufacturers of India (ACMA) have announced that the 5th edition through its new dynamic digital mo...

Maruti Suzuki Alto continues strong after 20 years with record sales

Maruti Suzuki is on a record-breaking spree. Every other day it’s been achieving new sales milestones and now it’s the turn of the Maruti Suzuki Alto to contribute to this journey. The humble Alto has completed 20 y...

BorgWarner begins supply of EGR modules for FCA mild hybrids

BorgWarner’s exhaust gas recirculation (EGR) module which includes cooler and valve will be the company’s first gasoline EGR module to be used on mild-hybrid engine technology for Fiat Chrysler Automobiles (FCA) in ...

Renault India commences exports of Triber MPV to South Africa

Renault India has commenced exports of Renault Triber MPV to South Africa. Renault Triber MPV accommodates seven adults in less than 4 meters. Renault Triber also offers 625L boot space - the largest boot capacity o...

Honda celebrating production of 400 million motorcycles

Seventy years after the first Dream DType rolled out of the factory in 1949, Honda is celebrating its 70th anniversary of motorcycle production having produced 400 million units worldwide. Honda was founded in 1948....

FCA India wins India’s highest Award for Quality Excellence from government

FCA India has announced that Fiat India Automobiles Private Limited (FIAPL), its world class manufacturing joint venture in Ranjangaon, near Pune, has won the Platinum Trophy in the ‘Large Enterprise’ category at th...

Steelbird records 80pc growth in helmet sales following stricter govt norms for riders

With the government clamping down on makers of unbranded non ISI helmets and penalising those either not wearing helmets or wearing unbranded helmets, sale of branded helmets is now seeing an upward trend. Leading h...

FCA submits proposal for merger with Groupe Renault

Fiat Chrysler Automobiles N.V. has delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has confirmed receipt of a pr...

Ceat appoints Amit Tolani as Vice President – Marketing

Ceat Ltd., a leading Indian tyre manufacturer, has appointed Amit Tolani as Vice President–Marketing.. Tolani will be based out of Ceat’s headquarters in Mumbai and will be responsible for spearheading the marketing...

Toyota, Suzuki announce major global initiatives on new technologies

Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have finally elaborated on their plans to work together not only in India but also globally by leveraging each other’s core strengths on electr...

JBM Group acquires major shareholding in German auto major Linde-Wiemann

The US $ 1.5 billion India based JBM Group with business interest in auto systems and assemblies has acquired major shareholding in Germany based Linde-Wiemann GmbH KG, a leading manufacturer of complex structural ...

Continental India clocks 1 million instrument clusters in 2018

Technology company Continental has clocked production and sales of one million instrument clusters in India in 2018, the highest annual milestone for the product achieved by their Central Electronics Plant in Bangal...

Venkatram Mamillapalle is new MD of Renault India from March 1, 2019

Venkatram Mamillapalle will takeover as Managing Director for Renault India Private Limited and Head of Renault Operations in India from Sumit Sawhney, effective March 1, 2019. Sawhney will be moving to a new positi...

Biju Balendran is Managing Director and CEO, Renault Nissan Automotive India

Biju Balendran is now the new Managing Director and Chief Executive Officer (CEO) of Renault Nissan Automotive India (RNAIPL). Balendran replaces Colin MacDonald, the outgoing MD & CEO, RNAIPL. After successful comp...

Microdot technology, a powerful car theft deterrent

South Africa based Recoveri, manufacturer and exporter of technologically superior micro tag identification and trace solutions for vehicles and other movable domestic and corporate assets worldwide is entering Indi...

Indian cars to have mandatory pedestrian safety features

Global New Car Assessment Programme (GNCAP) , a UK-based charity that conducts crash safety tests on cars across the world, which is hosting its first ever ‘Global NCAP World Congress’ in New Delhi, India in partner...

Nissan plans worldwide line up for India as part of major strategy

Nissan has decided to bring the best of its worldwide lineup to India and also launch a product offensive in the country as part of its new strategy for India. As part of this Nissan strategy, the company will launc...

Martin Schwenk to replace Folger as new MD & CEO, Mercedes-Benz India

India’s leading luxury car maker Mercedes-Benz has announced the appointment of Martin Schwenk as the new Managing Director and CEO of its India operations effective from Nov 1, 2018. Martin Schwenk will replace Rol...

Nissan announces expansion plans in Africa, Middle East & India

Nissan Motor Co., Ltd. unveiled a major expansion strategy in the Africa, the Middle East and India region as part of the company’s six-year mid-term plan, Nissan M.O.V.E. to 2022.

Safe, clean, affordable, shared and smart mobility mooted

There is an urgent need in India for development of mobility that is safe, clean, affordable, shared and smart. And in order to achieve this, several steps need to be taken by the government and other stakeholders. ...

Gaku Nakanishi joins as President  & CEO, Honda Cars India

Gaku Nakanishi has assumed the office of President & CEO of Honda Cars India from April 2, 2018. The company has also appointed two new directors to spearhead the company’s Sales & Marketing operations. They are Ra...

Maxxis Tyres inaugurates Rs 2640 crore India manufacturing plant

Maxxis Rubber India, a sub-company of Maxxis Group, the largest two-wheeler tyre manufacturer in the world, inaugurated its first manufacturing facility in Sanand, Gujarat. The plant was inaugurated by Vijaybhai Rup...

Interview with Ankit Khatry, co-founder, Emflux Motors

Interview with Ankit Khatry, Co-founder, Emflux Motors. The electric motorcycle will have a range of 200 km in city ride condition, can accelerate from 0 - 100 kmph in 3.0 Seconds and can achieve a top speed of 200 ...

Govt to implement Methanol 15 pc blending with petrol, says Gadkari

India is shortly going to implement Methanol 15% blending programme with petrol and the cost of petrol is expected to come down immediately by 10% and M100 programme for buses and trucks is also to be implemented sh...

Arun Malhotra of Nissan India is now its Corporate Advisor

Effective October 1, 2017, Arun Malhotra, current Managing Director, NMIPL, has been appointed Corporate Advisor, NMIPL. He will report to Peyman Kargar, Chairman of Nissan’s Africa, Middle East and India (AMI) regi...

Tata Motors, Castrol announce global strategic partnership

Tata Motors and Castrol have announced the signing of a three-year strategic partnership agreement for supply of Commercial Vehicle Oils to Tata Motors globally. The agreement will cover over 50 markets including SA...

Apollo Tyres to invest Rs 525 crore in AP; Inaugurates Global R&D centre in TN

Indian tyre major Apollo Tyres signed a Memorandum of Understanding with the Government of Andhra Pradesh to set up a state-of-the-art manufacturing facility. The company is looking at investing approximately Rs 525...

Mahindra acquires controlling stake in Classic Legends

Mahindra & Mahindra is on an acquisition spree in both its four-wheeler as well as two-wheeler businesses. After buying controlling stakes in companies like car maker Ssangyong of South Korea and Italian vehicle des...

ACMA organises iAutoConnect 2016 - International Reverse Buyers-Sellers Meet

With the objective to enhance component exports globally, Automotive Component Manufacturers Association (ACMA), the apex body representing the interest of the Indian auto component manufacturers, with support of Mi...

India-made Datsun GO+ exported to South Africa

Nissan India expanded its successful exports programme to an additional market with the introduction of Datsun GO+ to South Africa. Sales of the Datsun GO+, produced at the Renault-Nissan Alliance plant in Oragadam...

Shilip Kumar succeeds Jeremy Hunter as President - Henkel India

Henkel, a leading global player in adhesives, home care and beauty care, has appointed Shilip Kumar as the President of its India business. Besides, steering the Adhesives and Beauty care businesses of Henkel Adhesi...

56th SIAM Annual Convention debates ‘Building the Nation, Responsibly’

Based upon the theme of ‘Building the Nation, Responsibly’, the Society of Indian Automobile Manufacturers (SIAM) held its 56th Annual Convention. Union Minister of Heavy Industries and Public Enterprises Anant G Ge...

Maruti Suzuki Ciaz sells over one lakh units

Maruti Suzuki India Limited’s (MSIL) popular premium mid-size sedan, Ciaz, has crossed one lakh cumulative sales mark in the domestic market, in June 2016.

‘Make in India’ loses sheen in auto components industry; Records degrowth in exports

For the first time in five years, “Make in India” lost some of its sheen in the Indian auto components industry as imports increased dramatically and exports recorded a negative growth. Exports recorded (-) 3.7pc gr...

Fiat Chrysler Automobiles India strengthens core team

Fiat Chrysler Automobiles (FCA) India has announced senior level additions to its core team with Rahul Pansare joining as the new Head of Marketing and Sushant Balsekar, the new Head of PR & Corporate Communications...

Interview with Vivek Pareek & Akhileshwar Jha of Shell

Shell is a big brand and big brands can add a lot of value to a consumer’s life. We are on a mission to make bike ride more enjoyable. Millions of people ride bikes and are there to make sure they enjoy their rides....

Pavan Shetty appointed Director of Porsche India

Pavan Shetty has been appointed as Director of Porsche India, a division of Volkswagen Group Sales India Private Limited, with immediate effect. His remit covers the entire spectrum of Porsche’s activities in Ind...

Renault-Nissan Alliance plant in India produces one millionth vehicle

It’s time for celebrations at the Renault-Nissan's Alliance plant in India. The workforce at Renault-Nissan's Alliance plant in Oragadam near Chennai has reached a significant production milestone by manufacturing i...

Ltd edition Apollo-Manchester United tyres for Middle East, North African markets

Carrying forward its association with Manchester United Football Club (MUFC), Apollo Tyres introduced the limited edition dual branded -- Apollo and Manchester United -- tyres for the Middle East and North African (...

Ford India’s Chennai plant produces one millionth vehicle and engine

Ford India’s Chennai plant has reached a production milestone by rolling out the one millionth vehicle and engine at its Chennai Vehicle Assembly and Engine Plant (CVAEP). The company had started its operations in 1...

Merc’s Roland Folger gets off to a “Make in India” start

Mercedes Benz India’s “Make in India” initiative could not have got off to a more promising start now that the Indian government has decided to buy 55 top of the range E 250 CDI luxury sedans. The luxury car maker h...

Interview with Leonardo DiCaprio, Hollywood star

Award-winning actor and global environmentalist Leonardo DiCaprio will chair the newly-created Formula E Sustainability Committee. This body will focus on Formula E’s contributions to promoting the mass use of elect...

Hero MotoCorp sets up global facility in Colombia, a first for the company

Leading Indian motorcycle manufacturer Hero MotoCorp Ltd. (HMCL) set a historic milestone with its ‘first’ global manufacturing facility, at Villa Rica, in Colombia going operational, on September 8, 2015.

Interview with Anders Grundstromer, MD, Scania Commercial Vehicles India & Sr. VP, Scania Group

Scania India a capacity of 2500 trucks and 1000 buses. We have to double that by 2017-18. We need that by then. As soon as we reach a peak in India which I hope will not take many years, then we hope to export also.

Interview with Akash Passey & Suresh Chettiar of Volvo Bus

With Volvo coming in these were the key things that changed. We bought in rear engines, brought in bus chassis, and we brought in a complete bus concept. The effect of that was very positive in the initial years esp...

SPECIAL REPORT ON INDIAN TYRE INDUSTRY: An Un-Tyre-ing Journey

The Rs 50,000 crore Indian tyre industry today has a few reasons to smile and a few reasons to frown. On the one hand, after a lull in the industry while the demand for tyres in 2015-16 is seeing a growth coupled wi...

Apollo launches high mileage car tyre for India

Apollo Tyres has launched their all new Apollo Amazer 4G Life tyre in India. The tyre has been specially designed for increasing mileage and durability of 100,000kms.

Pankaj Munjal is new Chairman & MD, Hero Cycles

Hero Motors group, which includes the flagship company Hero Cycles, the world’s largest bicycle manufacturer, appointed Pankaj Munjal as its Chairman and Managing Director. The decision was taken at a recent board m...

South India Special Part 1: Tamil Nadu

Five states comprising Tamil Nadu, Kerala, Andhra Pradesh, Karnataka and the newly formed state of Telangana make up South India. Among these, it’s Tamil Nadu that is way ahead when it comes to its contribution to t...

Interview with P Vijayaraghavan, Director, TVS Srichakra Ltd

TVS Srichakra Limited, a part of the TVS Group, the largest auto ancillary group in India, with a group turnover of over USD 8 Billion, is the leading manufacturer of Two & Three Wheeler tyres and Off-Road tyres. In...

Auto Component Industry grows by 11pc in FY 14-15

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, announced the findings of its Industry Performance Review for the fiscal 2014...

500,000th India made Nissan car exported

Nissan has exported the 500,000th car manufactured in India, setting a record in the passenger car segment of the industry within a span of five year. The Nissan Micra was the 500,000th vehicle that was exported. ...

Apollo Tyres launches Manchester United Tyre in India

Apollo Tyres in collaboration with Manchester United Football Club from Manchester, UK have launched their limited edition signature Manchester United tyre in India.

Mahindra Scorpio registers its highest ever annual sales in FY15

The iconic Mahindra Scorpio SUV has crossed the 50,000 milestone in unit sales in FY15, for the 4th consecutive year. According to a press release, the Scorpio sold 51,553 units in FY15, being the highest ever annua...

Shell to co-engineer design, build concept city car

Apple is not alone in the world, trying its hand on making cars. Global lubricants giant Shell is planning an ultra-compact, efficient car for city use based around the internal combustion engine. The company is doi...

Apollo increases its focus on retreading; Opens 3rd ARZ in Mumbai

Spreading its network further for branded retreading outlets, Apollo Tyres has inaugurated its 3rd Apollo Retread Zone (ARZ) in Mumbai, in the western part of India. Rajesh Dahiya, Group Head, Sales-APMEA (Asia Paci...

Daimler, Renault-Nissan Alliance to develop 1-ton pickup trucks

The Renault-Nissan Alliance and Daimler AG will expand their five-year strategic cooperation into the pickup truck segment said a press note from Renault. Together, Nissan and Daimler will develop a 1-ton pickup tru...

Record sales for Automobili Lamborghini in 2014

In the fiscal year 2014 Italian super sports car maker Automobili Lamborghini S.p.A. again improved its key financial figures and reached new records in terms of sales and turnover in its history of more than 50 yea...

Kevin Flynn is new President & MD, Fiat Chrysler Automobiles India

Fiat Chrysler Automobiles (FCA) India has announced the appointment of Kevin Flynn as the new President and Managing Director for India Operations. In a press release, FCA India said this appointment is effective im...

Theft proofing vehicles in India: Varroc-Scorpion JV

Varroc, one of India’s leading auto component manufacturers from India, has now officially collaborated with the UK based company Scorpion Automotive Pvt. Ltd., a very well trusted brand in vehicular securities. Bot...

New Advisory Board for Continental Intelligent Transportation Systems

Continental Intelligent Transportation Systems, LLC, headquartered in Silicon Valley, California, announced that effective January, 2015, Satish Khatu, former IBM General Manager, Global Industrial Sector, Helmut Ma...

Automobili Lamborghini delivers record 2,530 units in 2014

In the year 2014 Automobili Lamborghini has set a new sales record in its history by delivering 2,530 cars to its customers. Stephan Winkelmann, President and CEO of Automobili Lamborghini S.p.A noted that his co...

India figures in Ford’s Smart Mobility plan announced at CES 2015

A Share-Car experiment in the Indian city of Bengaluru in the southern state of Karnataka is among the 25 mobility experiments around the world that is being undertaken by Ford Motor Company as part of the company’s...

Interview with Rohit Saboo, President & CEO, National Engineering Industries Limited (NEI)

National Engineering Industries Limited (NEI) is the flagship company of the CK Birla Group. NEI was founded in 1946 by renowned industrialist B M Birla, under the name of ‘National Bearing Company Limited’.

Mahindra gets ready with three new platforms for 2015

If you think Mahindra & Mahindra has been outsmarted by the new entrants in the compact SUV segment in the country, then think again. The country’s leading player in utility vehicles is planning some mega surprises ...

ACMA organises meet with African countries

ACMA, the apex body of the auto component Industry in India with support of the Department of Commerce, Ministry of Commerce & Industry, Government of India, organised the first ever reverse buyers-sellers meet with...

Tata Autocomp, Katcon JV for exhaust systems

Tata AutoComp Systems Limited (Tata AutoComp) and Katcon Global have signed a 50:50 Joint Venture agreement to provide exhaust systems and emission after-treatment systems

Mahindras to acquire 51pc in Peugeot Motocycles

Mahindra Two Wheelers Ltd. (MTWL), an unlisted subsidiary of Mahindra & Mahindra has made a binding offer to acquire a 51pc stake in Peugeot Motocycles (PMTC), part of the Euro 54 billion PSA Group based in France, ...




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