Volvo Cars planning €500m (Rs 34,129.9 crore) bond issue

Volvo Cars, the premium car maker, has announced it is seeking to raise Euros 500m (Rs 3798 crore) from a bond issue, its first foray into the global corporate bond markets in its 89 year history. The Swedish compan...

Ban on diesel vehicle not going to achieve desired objective of reducing pollution: SIAM

Citing a study conducted by IIT Kanpur, the Society of Indian Automobile Manufacturers (SIAM) has stated that the Supreme Court ban in the NCR on cars with diesel engines of 2000 cc and above will not result in the...

Mahindra Intertrade, MSTC Ltd. sign MoU to set up India’s first auto shredding facility

Mahindra Intertrade Ltd., a wholly owned subsidiary of the Mahindra Group, has signed a Memorandum of Understanding (MoU) with MSTC Ltd. (a Government of India enterprise formerly known as Metal Scrap Trading Corpor...

Fiat Chrysler Automobiles India strengthens core team

Fiat Chrysler Automobiles (FCA) India has announced senior level additions to its core team with Rahul Pansare joining as the new Head of Marketing and Sushant Balsekar, the new Head of PR & Corporate Communications...

Isuzu Motors inaugurates new plant in SriCity in Andhra Pradesh; Launches V-Cross

The new state-of-the-art manufacturing plant of Isuzu Motors India Pvt. Ltd. (IMI) was inaugurated by Chandrababu Naidu, Chief Minister of Andhra Pradesh at SriCity, Andhra Pradesh. The new generation Isuzu D-Max V-...

Actia India unveils latest End Of Line diagnostic solution for vehicles

Actia India, a JV between Actia Automotive and DMG Finance & Investments, have recently unveiled their latest End Of Line (EOL) diagnostic solutions, developed for Renault, on their latest Kwid vehicle. This is the ...

Interview with Sri Krishnan V, Vice President, Robert Bosch Engineering and Business Solutions

Interview with Sri Krishnan V, Vice President, Robert Bosch Engineering and Business Solutions

Volkswagen not to submit interim results in sensitive diesel scam probe

Volkswagen which had earlier stated that it would submit interim results of its probe into the diesel emissions scam, has now said it will not be able to do so because of various sensitive reasons. This decision, th...

Mitsubishi Motors admits to fudging fuel test data for cars

Mitsubishi Motors Corporation (MMC) has admitted that with respect to the fuel consumption testing data submitted to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Japan, the company has conduct...

Frank Schloeder appointed as acting President of BMW Group India

Frank Schloeder (41), currently Director Marketing at BMW India has been appointed as acting President of BMW Group India (effective May 1, 2016).




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