Auto Industry

MG Motor India, an iconic British automobile brand and part of Chinese auto major SAIC has announced its strategic 5-year business roadmap to Indianise the business operations for sustainable growth and meaningful ...

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

Rockman Industries, the auto-components arm of Hero Group, has suspended all operations in its 7 facilities till March 31, 2020. Rockman has its manufacturing units in Ludhiana, Haridwar, Bawal, Chennai, Tirupati a...

Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...

Roy P. Tharyan, Editor, Motown India meets up with Naveen Munjal, MD, Hero Electric and asks him about his company's journey in the electric vehicle space. Munjal talks about his company, his products, his plans and...

Rockman Industries, a Hero Group company has acquired a majority stake in Moldex Composites, a British-Indian venture, thereby making its intention known that it is investing in next-gen carbon composites technology...

Sunil Kant Munjal, Joint Managing Director, Hero MotoCorp, and Chairman, Hero Corporate Service has decided to step down from the Board of Directors of Hero MotoCorp, once his tenure as the Joint Managing Director o...

He was the real Hero of the Indian auto industry. Dr. Brijmohan Lall Munjal, the Founder of the diversified Hero Group and a Padma Bhushan awardee, passed away on November 1, 2015. He was 92 years old. Dr. Munjal wa...

One of the doyen’s of the Indian auto industry, Dr. Brijmohan Lall Munjal, passed away in New Delhi on November 1, 2015 at 7.05 pm. He was 92 years old. Dr Munjal was the Founder of the diversified Hero Group. Dr. M...

The wholly owned subsidiaries of HMCL --- HMCL NA, Inc. and HMCL Americas, Inc.----as per a “Settlement Agreement,” have agreed that HMCL Americas Inc. will acquire the ownership of certain tangible and intangible a...

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...

Hero Electric is part of the Naveen Munjal controlled Hero Eco Group which makes electric two wheelers. Based in Ludhiana, the Hero Electric plant can make 200 vehicles a day. Munjal started his company around 1999-...

The Hero MotoCorp Ltd plant at Neemrana in Rajasthan has gone on stream. The plant will contribute towards enabling the company to surpass 100 million units in cumulative production by year 2020.

Mitteldeutsche Fahrradwerke AG (MIFA), a leading bicycle maker based in Germany has not only called off its business deal with India-based Hero Cycles (part of OP Munjal Group) but has also filed for insolvency afte...

Now that its entire links with erstwhile Hero Group is over, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has announced its next wave of strategic expansion. The Japanese company finally enters a new era of ind...

Anil Dua has decided to resign from his post of Senior Vice President of Sales & Marketing, Hero MotoCorp. He has quit to pursue opportunities elsewhere. According to unconfirmed sources, he has got a job opportunit...

Having cut off all links with the Hero group, Honda seems to be on a path of rapid growth in sales. Recording its most successful year in India, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) closed the financial...

Hero MotoCorp sold 5.4 million two-wheelers in 2010-11 and aims to exceed sale of six million units this financial year. A factor such as rising input costs affects all players equally.

Hero MotoCorp sold 5.4 million two-wheelers in 2010-11 and aims to exceed sale of six million units this financial year. A factor such as rising input costs affects all players equally.

Hero Honda split is now formal with Honda Motor Co. Ltd of Japan and Hero group signing fresh MoUs

NEW DELHI: Hero Honda has maintained that there is no truth in the reports appearing in newspapers t