Maruti Suzuki Board approves acquiring shares of SMG from SMC

The Maruti Suzuki Board approved termination of the contract manufacturing agreement and exercising the option to acquire the shares of Suzuki Motor Gujarat Pvt Ltd (SMG) from Suzuki Motor Corporation (SMC) subject ...

Suzuki's Gujarat Plant reaches 1 million units production milestone

Suzuki Motor Gujarat Private Limited (SMG), a subsidiary of Suzuki Motor Corporation for the production of automobiles in India, has achieved accumulated automobile production of 1 million units on October 21, 2020.

Motherson acquires Reydel Automotive Group for USD 201 million

Motherson Sumi Systems Limited (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its step down subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV), has announced th...

Bosch drive systems for Porsche hybrid models

For Porsche’s 918 Spyder, the Panamera S E-Hybrid and the Cayenne S E-Hybrid that are basically plug-in hybrids, the company relies on an innovative drive system from Bosch. The possibilities offered by the combinat...

Motherson, Magneti Marelli Spa form JV company.

The Samvardhana Motherson Group seems to be on a roll with its acquisitions and joint ventures. The group’s flagship company Samvardhana Motherson International Ltd. (SMIL) and Magneti Marelli Spa have signed a Join...

Maruti seeks minority shareholder view on Gujarat

Though not required by law, the Board of Directors of Maruti Suzuki India Limited (MSIL) in a meeting held on March 15, 2014 has decided to seek minority shareholders’ approval as stipulated in Section 188 of the Co...

Motherson Sumi to buy Peguform Group

At the meeting held on 13th July 2011, the board of directors of Motherson Sumi Systems Limited has




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