Ouchmytoe Auto

While several small and medium sized auto component companies are on overseas acquisition spree, it is much more than just gaining global footprint. According to auto analysts, the overseas M&A route is being taken to access technologies and de-risk business models. Many of these companies have foreign JV partners in India, who are arm-twisting them […]

KEV India on Monday launched its battery operated electronic bikes in the national capital region priced at Rs 24,500.
The bikes were launched in the city by Delhi mayor Arti Mehra, KEV said in a statement. More
Courtesy:economictimes.indiatimes.com

While several small and medium sized auto component companies are on overseas acquisition spree, it is much more than just gaining global footprint. According to auto analysts, the overseas M&A route is being taken to access technologies and de-risk business models. Many of these companies have foreign JV partners in India, who are arm-twisting them […]

President A.P.J. Abdul Kalam Sunday said the automobile industry needs creative leaders who can visualise a change from the traditional role of one who demands respect to one who facilitates self-respect.
Addressing workers of India’s largest automobile manufacturer Maruti Udyog at its plant in Gurgaon near here, he said: “For success in all missions we need […]

I am indeed delighted to visit the Maruti Udyog plant in Gurgaon and address the members of this unique institution. I greet Shri Jagdish Khattar, Managing Director, Management team, scientists, engineers and managers of Maruti Udyog Limited. I congratulate the Maruti team for pioneering action in introducing the people’s car which has become affordable for […]

SBI-MUL Online Application, the online facility for processing of car loan applications on real time basis, was launched here on Saturday. The new initiative envisages online connectivity between the Retail Assets Central Processing Centre of State Bank of India and major dealers of Maruti Udyog Ltd for instant transmission of car loan application details from […]

New Delhi The Nijhawan Group, a Rs 300-crore travel conglomerate, has tied up with the Oklahoma-based Thrifty Car Rental to offer the latter’s services in India. As per the agreement, the Nijhawan Group would be the sole licensee for Thrifty Car Rental in the country.
Addressing a press conference recently, Mr Sham Nijhawan, Chairman of the […]

Visakhapatnam Asia Motor Works Ltd (AMW), the new entrant in the heavy commercial vehicles industry, has ambitious plans to sell 5,000 trucks during this financial year, according to Mr Anirudh Bhuwalka, Managing Director and CEO.
At a press meet on the occasion of appointing a dealer here (DRD Trucks India Pvt Ltd), he said the company […]