Honda all new Amaze crosses 1 lakh sales milestone in 13 months

Honda Cars India Ltd. (HCIL) has announced that its all new 2nd generation Amaze has crossed 100,000 sales mark in just 13 months since its launch in mid May 2018. To commemorate the success of the model, HCIL has i...

Besides 18-year low, every passenger vehicle player registers negative growth in May 2019

While the month of May 2019 registered an 18-year low in terms of domestic sales for passenger vehicles (PV), the disturbing factor is that each and every of the 17 PV player recorded a negative growth. Such is the ...

Mahindra acquires 11.25% stake in Swiss agri-tech firm Gamaya for Rs 30.04 crore

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the Mahindra Group announced an investment of CHF 4.3 million (US$4.3 million- Rs 30.04 crore approx.) for an 11.25% stake in Switzerland based agri techn...

22Kymco to set up plant in Bhiwadi for electric, gasoline scooters

22Kymco, a joint venture between 22Motors and Kwang Yang Motor Company (Kymco) has announced setting up a manufacturing facility in Bhiwadi, Haryana.

Schaeffler India presents hi-performance multipurpose premium grease

Schaeffler India announced the launch of its new hi-performance multipurpose premium grease – XTRA3. This grease is specially formulated and designed to increase the service life of bearings operating in harsh and d...

Mercedes-Benz appoints Santosh Iyer as the Head of Sales and Marketing for India

Mercedes-Benz India announced an organisational change in its sales and marketing function effective from July 1, 2019. Santosh Iyer, currently Vice President of Customer Service & Corporate Affairs has been appoint...

Government EV targets need to be practical says auto industry

The Indian auto industry is not too happy with the aggressive road map being laid out by the government in bringing electric vehicles into the country. Both the Society of Indian Automobile Manufacturers (SIAM) and ...

Downhill drive continues for Indian auto industry in May 2019

Both production and sales have taken a hit in the Indian auto industry for the month of May 2019. The downhill drive continues for the industry, according to the latest sales and production data shared by the Societ...

Kevin Flynn - President & MD, FCA India

Kevin Flynn, President & MD, FCA India in a conversatio...

Mahindra & Mahindra invests Rs 1000 crore + to ready BS VI engines

The good news is that Mahindra & Mahindra is ready with its BS VI engines across its entire diesel and gasoline portfolio. The entire transition will be costing the company upwards of Rs 1000 crore. With its portf...




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