The government is considering a proposal to consolidate auto component manufacturing units in Andhra Pradesh, Karnataka, Kerala and Tamil Nadu into hubs through a range of sops including affordable land, cheaper electricity and other infrastructure. Vishakhapatnam, Coimbatore and Cochin have been identified as locations for auto component clusters. Read more
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Utility vehicle major Mahindra & Mahindra (M&M) is readying its Plan B to enter the US market with its diesel-powered trucks and SUVs, where gasoline guzzlers are currently facing a slowdown. Plan A being a keen interest to acquire the Hummer brand at the “right price”. M&M may face tough competition from Russian oligarch Oleg […]
BMW will recall around 150,000 vehicles in North America to fix a possible defect that may keep the front passenger airbag from opening in a crash, the world’s biggest premium carmaker said here today.
The voluntary recall concerns the front passenger airbag seat sensor mat in certain 2004-2006 model year vehicles, a company spokesman in Munich […]