SC bans BS III vehicles; Industry saddled with 8.2 lakh vehicles

The Supreme Court has banned sale of Bharat Stage III (BS-III) vehicles after March 31, 2017. This ruling will have an adverse effect on the Indian automobile industry which currently has an unsold inventory of near...

Minoru Kato new President & CEO, Honda Motorcycle & Scooter India

Honda Motor Co., Ltd. has announced top management change in Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) with Minoru Kato being appointed as new President & CEO of HMSI with effect from April 1, 2017.

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 ...

GM signs three-year wage agreement at Talegaon plant

GM India and the General Motors Employees union have signed a new three-year wage agreement that will support further advances in vehicle manufacturing quality, efficiency and an improved work environment.

Interview with Pietro Gorlier, CEO, Magneti Marelli and Saju Mookken, Country Manager & MD, Magneti Marelli India

Interview with Pietro Gorlier, CEO, Magneti Marelli and Saju Mookken, Country Manager & MD, Magneti Marelli India

ACMA Study on Indian Automotive Aftermarket: The Road Ahead

The Indian automotive aftermarket stood at Rs 56,098 crore (USD 8.4 billion) in 2016-17 with a total vehicle parc of 228.7 million across the country. The Indian automotive aftermarket is expected to reach Rs. 75,70...

Yamaha YZF-R3, Cygnus Ray-ZR win India Design Mark (I Mark)

India Yamaha Motor has received the prestigious India Design Mark (I Mark) certification from the India Design Council for its products, the YZF-R3 and Cygnus Ray-ZR. This is the 6th consecutive year that Yamaha has...

Gulf Petrochem appoints R. K. Mehra as Strategic Advisor

Gulf Petrochem Group announced that its Board of Directors has appointed Rakesh Mehra as Strategic Advisor for the group with immediate effect. Prior to being appointed, he held a number of executive positions most...

Yamaha organises Annual Suppliers Conference-2017

India Yamaha Motor Private Limited (IYM) recently organised the Annual Suppliers Conference at Greater Noida (Delhi-NCR). The conference was attended by 500 members representing more than 200 suppliers from across I...

Tata Motors, Volkswagen Group , Skoda sign MOU for exploring JVs

Tata Motors has signed a Memorandum of Understanding (MoU) for a long-term partnership with Volkswagen Group and Skoda, to explore strategic alliance opportunity for joint development of products. The agreement has ...




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