Royal Enfield announces Rs 800 crore for plant expansion in2018-19

Royal Enfield, the global leader in mid-sized motorcycles, announced its planned capital expenditure of Rs 800 crore for the year 2018-19. The capex announced will include the commencement of construction of Phase-2...

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...

Brembo bets big on India’s two-wheeler market

The year 2018 is a very important one for the growth of Brembo operations in India, where the company works exclusively for the two-wheeled market, driven by the recent introduction of new safety regulations that re...

Boparai confident of strong leadership position for Skoda Auto India

Gurpratap Boparai, the newly appointed Managing Director of Skoda Auto India is hopeful that his company would attain a strong leadership position in the Indian passenger car market in the next few years.

Motherson acquires Reydel Automotive Group for USD 201 million

Motherson Sumi Systems Limited (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its step down subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV), has announced th...

Gaku Nakanishi joins as President  & CEO, Honda Cars India

Gaku Nakanishi has assumed the office of President & CEO of Honda Cars India from April 2, 2018. The company has also appointed two new directors to spearhead the company’s Sales & Marketing operations. They are Ra...

BMW launches technical skilling initiative SKILL NEXT>>

BMW Group Plant Chennai celebrated its 11th anniversary by inviting legendary cricketer Sachin Tendulkar and students from the College of Engineering of Anna University and launching ‘SKILL NEXT»’, a technical skill...

European eCall now standardising vehicle connectivity

More than 20 years after the first vehicles with advanced telematics systems rolled off the production line, connectivity will now be standard in every vehicle with a new type approval as of April 2018 in Europe. Fr...

Federal-Mogul Powertrain new product group bags $100m contract

Federal-Mogul Powertrain has announced the first commercial customer contract for its new product group Controlled Power Technologies (CPT). The long-term contract, worth around $100m (Rs 651.6 crore), covers the de...

Cero, India’s first auto shredding facility by Mahindras is ready

Mahindras will finally be inaugurating its new auto shredding plant in Greater Noida in Delhi NCR in April 2018. The plant built in Greater Noida in India’s northern state of Uttar Pradesh is India’s maiden organise...




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