Auto Industry

Acquisition in the digital world continues and the latest is that the bus tracking and analytics firm, YourBus has been acquired by the ibibo group. This was stated by YourBus in a press release. The group had acqu...

Jaguar Land Rover, a Tata Motors owned company based in the UK and a leading manufacturer of premium vehicles has invested £45m (Rs 455 crore approx.) in a new state-of-the-art servo press line at its Halewood Opera...

The Renault Nissan Alliance is implementing a convergence plan which will result in a minimum Euro 4.3 billion (Rs 36,542 crore approx.) annual synergy goal by 2016. The convergence will happen in four key areas: En...

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...

Dr. V Sumantran has stepped down from the Vice Chairman post in Hinduja Automotive Ltd, the holding company of Ashok Leyland effective March 31, 2014. Dr. Sumantran has also stepped down from his position on the Bo...

March 19, 2014 will see the Datsun Go being launched officially in India with the company announcing its prices. In Russia the date is April 4, 2014, when the first Datsun car gets unveiled in Moscow. Datsun has rel...

The turnover may not sound very impressive because this Italian super sports car manufacturer is a niche player in the global automotive industry. The company delivered 2121 cars worldwide in the whole of 2013 as co...

The Audi Group delivered around 1.575 million cars of the Audi brand globally in 2013. The Ingolstadt (Germany) carmaker achieved new record sales and reached the target that it had set itself for 2015 – more than...

Now that the production of the BMW i8 soon commences at the BMW Group plant in Leipzig, the launch too is very imminent. In European markets, customers will start getting their cars in June 2014 onward. Customers h...

Leading automotive and commercial vehicle interiors supplier, International Automotive Components (IAC), has opened two new facilities in Manesar (Haryana) and Pune (Maharashtra. IAC India is part of Luxembourg b...