Anand Group, Mando Corp set up JV company for EV components

Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...

Ford hands over control to Mahindra in India through new joint venture

Ford India will be transferring its Indian operations, including its personnel and assembly plants in Chennai in Tamil Nadu and Sanand in Gujarat, as well as the Global Business Services unit, Ford Credit and Ford S...

KSL Cleantech Limited, Huaihai Holding Group JV for electric vehicle business

KSL Cleantech Limited (formerly known as Kirti Solar Limted) has entered into a Joint Venture (JV) with the China’s Huaihai Holding Group, one of the largest companies in the field of electric mini vehicles.

Tata AutoComp to supply battery packs for EVs in India

Tata AutoComp Systems, India’s leading auto-component conglomerate has signed a joint-venture with Chinese company Guoxuan Hi-Tech, to design, engineer, manufacture and supply battery packs for the Indian four-wheel...

MAHINDRA & MAHINDRA SCALES NEW HEIGHTS---Sunny Side Up

Auto and farm equipment major Mahindra & Mahindra has finally found its place in the sun after several years of perseverance and hard work, the last three years being significant ones that led to the company transfo...

Sumitomo Corporation buys 49% stake in Mukand Sumi Special Steel

Sumitomo Corporation has brought a 49% stake for Rs 1180.99 Cr in the joint venture company, Mukand Sumi Special Steel Limited, a leading specialty steel supplier for the fast growing automotive and engineering indu...

Cero, India’s first auto shredding facility by Mahindras is ready

Mahindras will finally be inaugurating its new auto shredding plant in Greater Noida in Delhi NCR in April 2018. The plant built in Greater Noida in India’s northern state of Uttar Pradesh is India’s maiden organise...

Adient , Arvind form JV to manufacture and sell automotive fabrics in India

Michigan (US) based Adient, a global leader in automotive seating which produces and delivers automotive seating for all vehicle classes and all major OEMs has formed a joint venture with India’s Arvind Ltd, one of...

Force Motors, Rolls Royce sign JV agreement for gen sets

Rolls-Royce Power Systems and Pune-based automobile manufacturer Force Motors have signed a joint venture agreement in which Force Motors will hold a 51% and Rolls-Royce Power Systems a 49% stake. The new joint vent...

Kinetic Green, Lamborghini family of Italy form joint venture

Pune based Kinetic Group’s company Kinetic Green Energy & Power Solutions Ltd signed a MOU (Memorandum of Understanding) with luxury brand Tonino Lamborghini to jointly set up a new joint venture company in India (i...

Modi, Japanese PM Abe inaugurate Suzuki lithium ion battery plant

Indian Prime Minister Narendra Modi and his counterpart from Japan Shinzo Abe have inaugurated the Suzuki Motor Gujarat Private Limited's vehicle manufacturing facilities and lithium ion battery manufacturing facili...

Force Motors ties up with Rolls Royce Power Systems

Leading commercial vehicle and engine manufacturer and Abhay Firodia controlled Force Motors has entered into a non-binding term sheet with Rolls Royce Power System AG (R-RPS) to form an Indian joint venture company...

Hitachi, Honda establish joint venture for electric vehicle motors

Hitachi Automotive Systems and Honda Motor Co announced the establishment of a joint venture company for the development, manufacture and sales of motors for electric vehicles on the premises of Hitachi Automotive S...

Jeep Compass, Tata Nexon will add zing to Ranjangaon plant

Two new car models from two different car manufacturers--the Jeep Compass SUV from Fiat Chrysler Automobiles (FCA) India and the Tata Nexon, a compact SUV from Tata Motors, are expected to inject a lot of action ver...

Suzuki, Toshiba, Denso to invest Rs 1185 crore in Li-ION battery plant in India

While Tesla, the US based electric car maker which has its own lithium ion battery plant, is still to decide its India entry despite an open invitation from Indian Prime Minister Narendra Modi, Japan’s Suzuki Motor...

Volkswagen, Jianghuai Automobile to develop of e- vehicles in China

Volkswagen AG and Anhui Jianghuai Automobile Co., Ltd. (JAC) recently signed a Memorandum of Understanding (MoU) in Wolfsburg in Germany to define the next phase of negotiations between the two companies in order to...

Interview with Rajeev Mishra, Director, UM Motorcycles

UM Motorcycles is an American motorcycle manufacturing company and has its presence over 20 countries. UM Motorcycle India showcased its cruiser range of motorcycles at the 2014 Auto Expo in Greater Noida. The comp...

Shiroki Corp Japan acquires majority stake in Technico JV

Shiroki Corporation (an affiliate of Toyota Motor Corp), one of the leading global players for interior and exterior components for automobiles, has taken a 51pc equity stake in a new joint venture company with Tech...

Hero MotoCorp, Magnet Marelli JV new centre

HMC-MM Auto Ltd., the joint venture company formed between Hero MotoCorp Ltd. (HMCL) and Milan (Italy)-headquartered Magneti Marelli (MM), has inaugurated its first autonomous ‘Production and Development Centre’ at ...

Uno Minda, Kosei Aluminum JV for alloy wheels

Nirmal Minda controlled Uno Minda and Kosei Aluminum Co. ltd. a leading Japanese alloy wheel manufacturer have entered into a joint venture agreement to manufacture and sell alloy wheels in India. The JV ceremony to...

Sigma Freudenberg Nok (SFN) 2nd facility opens in Punjab

Sigma Freudenberg NOK (SFN), an Indo-German- Japanese joint venture company has set up its second production facility in Basma, Punjab for manufacturing of critical oil seals and sealing products for domestic and ...

Luman Automotive Systems, Hengst of Germany forge JV

Luman Automotive Systems, manufacturers of automotive lighting and electrical components as well as engine induction air filtration systems, has entered into a joint venture agreement with Hengst SE & Co.KG, a leadi...

Panasonic and Uno Minda  JV for batteries

Panasonic Corporation of Japan and Minda Industries Ltd. (Uno Minda group) have agreed to establish a joint venture company to develop, manufacture and sell lead acid storage batteries in India. According to a com...

Technico enters into JV with Shiroki Corpn

Shiroki Corporation of Japan and Technico India Pvt Ltd have formed a new joint venture company Shiroki Technico India Private Limited. Shiroki will have a 51pc stake in the new JV while Technico will have the remai...

Interview with S N Sahai, Managing Director and Chief Executive Officer, Delhi Multimodal Transport System (DIMTS)

TellTail is a mobile security application that has been developed by DIMTS in view of the increasing incidents of rapes, kidnapping and other crimes. Once downloaded on the phones, the application can help the indiv...

UNO Minda & Fujitsu JV opens an audio plant

Fujitsu Ten Minda India Pvt. Ltd , a Uno Minda Group and Fujitsu Ten Ltd. joint venture company, has

JLR, Chery new manufacturing facility in China

Jaguar Land Rover and Chery Automobile Company Ltd, the British and Chinese carmakers, have formally

David brown Bharat Forge opens new unit in Hosur

The David Brown- Bharat Forge, the Indian joint venture between leading global gearing expert David

MyTVS JV with Rajgarhia group for West Bengal

TVS Automobile Solutions Limited, a group company from the highly respected 100 year old TVS group,

Off-road champion Polaris ties up with Eicher

Eicher Motors Ltd has entered into a joint agreement on July 23, 2012 with Polaris Industries Inc

Mahindra signs MoU with Rafael

Mahindra & Mahindra Ltd. and Rafael Advanced Defence Systems Ltd., a manufacturer of high tech defen

Interview with Sanjay Singh, Vice President—Corporate Planning, Hero Motors

The automotive industry growth does not in any way affect the sales in the cycle industry. The two industries are not linked in any way when it comes to demand for the products. The two industries cater to two diffe...

Mercurio Pallia Logistic  to start trailer unit

Mercurio Pallia Logisitcs Pvt Lts, a joint venture company between Gruppo Mercurio SPA of Italy and

Firodia sells stake in MAN venture for Rs 1050 cr

The Abhay Firodia-controlled Force Motors will be divesting a part of its equity share in MAN Force

DLSI presents its MPV-I to Jharkhand Police

Brig Khutub Hai, MD & CEO, Defence Land Systems India (DLSI), handed over the keys of the Company’s

Interview with Gaurav Saxena, Director- Sales & Marketing, International Cars & Motors Ltd.(ICML)

The major share of revenues within the Sonalika group comes from the tractor business. Which contributes as much as 85 to 90 per cent. We have a common plant for engine and transmissions. A lot of body parts are bei...

Nissan Motor India starts exports of Micra

CHENNAI: Nissan Motor India Pvt. Ltd. (NMIPL) has announced the start of exports of its ‘Made-in-Ind

Mahindras finally get cosy with SsangYong

MUMBAI: For the Mahindras, it’s yet another feather in its cap. Going the Tata way of acquiring auto




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