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...

Gurpratap Boparai resigns as Skoda Auto India Managing Director

In a surprise corporate development, Gurpratap Boparai Managing Director of Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) has put in his papers with effect from January 1, 2022. The company stated that his successor...

Hindustan Motors, Hind Motor Railway Station and the iconic Ambassador

Can you recall any Indian automobile manufacturer that has a railway station named after it? Yes, the iconic Hindustan Motors Ltd. (HML) has one named after it and it goes by the name of “Hind Motor” railway station...

Goodyear completes acquisition of Cooper Tire & Rubber Company

The Goodyear Tire & Rubber Company has announced that it has completed its acquisition of Cooper Tire & Rubber Company, finalising the merger agreement made public on February 22, 2021.

Goodyear to acquire Cooper Tire & Rubber Co in US $ 2.5 billion deal

Tyre majors Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total ...

Peugeot, Fiat Chrysler reveal logo of Stellantis

Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") have revealed the logo of Stellantis, the new group that will result from their 50:50 merger.

STELLANTIS is the new group name post merger of FCA, Groupe PSA

As both Fiat Chrysler Automobiles N.V. and Peugeot S.A. ("Groupe PSA") move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, the two companies have...

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

FCA withdraws merger proposal to Groupe Renault

The Board of Fiat Chrysler Automobiles which met under the Chairmanship of John Elkann, has resolved to withdraw with immediate effect its merger proposal made to Groupe Renault.

Anand Group announces tri-party joint venture with Joyson Safety Systems

Anand Group, a leading manufacturer of automotive components in India, further consolidated its presence in the Indian automotive safety systems vertical. It announced the formation of a Tri-Party Joint Venture to m...

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...

Volkswagen Group to merge all passenger car entities in India

The Volkswagen Group has announced its intent to merge its three Indian subsidiaries: Volkswagen India Private Ltd (VWIPL), Volkswagen Group Sales India Private Ltd (NSC) and Skoda Auto India Private Ltd (SAIPL). Th...

Continental, Osram sign joint venture contract for lighting

Technology companies Continental and Osram have successfully concluded their negotiations on the Osram Continental GmbH joint venture. The joint venture, in which each of the partners has a 50 percent stake, aims to...

Continental to acquire 5 percent stake in HERE Technologies

Technology company Continental has signed a definitive agreement to acquire a 5 percent indirect ownership stake in HERE Technologies, a global leader in mapping and location services. The share will be sold by HERE...

Motherson Sumi Systems acquires Finland’s PKC Group for Euro 571 million

Motherson Sumi Systems Ltd (MSSL) has acquired Finland based global auto component major PKC Group Plc for approximately Euro 571 million (Rs 4026 crore approx.)., a move that will help the Vivek Chaand Sehgal led ...

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...

Motherson Sumi to acquire Finnish company PKC Group for Rs 4160 crore

Leading global auto components major Motherson Sumi Systems Ltd (MSSL) controlled by Vivek Chaand Sehgal has announced plans to acquire PKC Group Plc of Finland for around Euros 571 million (approximately Rs 4160 cr...

JK Tyre completes acquisition of Kesoram Industries tyre unit

With the acquisition of CIL, JK Tyre will have additional capacity of truck & bus radials, an important and high growth segment, where it is already the market leader. It will also provide JK Tyre entry into the fa...

Uno Minda acquires global lighting business of Europe based Rinder Group

Automobile components manufacturer Minda Industries Ltd announced an acquisition of the global lighting business of Spain based Rinder Group that manufactures automotive lamps- head lamp, tail lamps and small lamps....

Spyker bankruptcy declared null and void

Netherlands based Spyker N.V., together with its wholly owned subsidiary Spyker Automobielen B.V. (collectively "Spyker" or the "Company"), on January 29, 2015 won an appeal filed on December 29, 2014 with the Appea...

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...

Mahindras now have Peugeot Scooters in their fold

Mahindra Two Wheelers Ltd. (MTWL), part of the Mahindra Group, and Peugeot Scooters (PMTC), part of the Euro 54 billion PSA Group based in France announced on January 20, 2015 that they have completed the necessary...

UNO Minda, Toyoda Gosei establish JV for rubber hoses

UNO Minda, part of the NK Minda Group, an major Indian automotive supplier has entered into a joint venture with Toyoda Gosei Co. Ltd. of Japan to manufacture and sell rubber hoses in India. The collaboration was fi...

Spyker files for voluntary financial restructuring

Dutch automobile car maker Spyker N.V., together with its wholly owned subsidiary Spyker Automobielen B.V. (collectively “Spyker” or the “Company”), filed a voluntary petition on December 2, 2014 for financial restr...

Fiat Chrysler Automobiles to spin off Ferrari

Ferrari S.p.A., makers of the iconic Ferrari cars, is being spun off as a separate company by Fiat Chrysler Automobiles (FCA) and will in all probability be listed in the United States as well as a European stock ex...

Continental acquires Emitec shares from GKN

Germany based automotive components major Continental has strengthened its systems competencies in the field of drivetrain technologies. The company intends to purchase the outstanding shares in Emitec Gesellschaft ...

Apollo Tyres “Disappointed”; To seek legal remedy

Following US based Cooper Tire’s announcement made on December 30, 2013 that it was terminating its deal with Onkar Kanwar controlled Apollo Tyres, the Indian tyre major has said in a statement that it is “disappoin...

Cooper Tire ends merger deal with Apollo Tyres

Cooper Tire & Rubber Company has announced it has terminated the merger agreement with Apollo Tyres. “It is time to move our business forward,” said Cooper Chairman, Chief Executive Officer and President Roy Armes. ...

Faurecia and Magneti Marelli sign agreement

Faurecia and Magneti Marelli have signed a cooperation agreement for the design, development and man

Apollo files response to Cooper complaint

Apollo Tyres Ltd. has filed its answer to the complaint filed by Cooper Tire & Rubber Company with t

Cooper Tires-Apollo Tyres spat evident

A spat between India based Apollo Tyres and US based Cooper Tires is quite evident now. Apollo Tyres

Apollo Tyres snaps up US-based Cooper for US$ 2.5b

Apollo Tyres Ltd and Cooper Tire & Rubber Company have announced the execution of a definitive merge

ESCORTS LTD: Engineering growth

With engineering as its forte, the Nandas of Escorts Ltd have embarked upon an ambitious drive to consolidate its position on the Indian corporate firmament.In an exclusive and extensive interview with Motown India ...

Hindustan Motors to demerge its Chennai Car Plant

Hindustan Motors Limited (HML) has decided to demerge and transfer its Chennai Car Plant (CCP) as a

Interview with T.R. Kesavan, President, Tractors Manufacturers Association

Whether it is Tafe or Mahindra or any other company, what we are really trying to uncover is the unspoken nature of the farmer where they may have a small acreage. And they will do what we call as ‘very low tillage’...

Volkswagen and Porsche create integrated group

Volkswagen Aktiengesellschaft and Porsche Automobil Holding SE (Porsche SE) are to create the integr

Dynamatic Technologies acquires new company

Dynamatic Technologies acquires German & Indian ops of Eisenwerke Erla GmbH

Interview with Debashis Mitra, Director- Sales & Marketing, Mercedes Benz India

Debashis Mitra, Director- Sales & Marketing, Mercedes Benz India talks to Motown India about the company's increasing sales and improving performance in India.

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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