New Delhi, September 11
Says Government should monitor unorganised garages »
New Delhi, Aug 26
Auto major Mahindra & Mahindra today said it would challenge the trade regulator CCI’s penalty of Rs 292.25 crore imposed on it for violation of trade norms in the spare parts and after servic...
Pune, August 19
Volkswagen India plans to export half the cars it will make at its Chakan plant this year amid continuing sluggishness in the domestic market. Last year, the German company sold 100,...
Chennai, August 7
Reports a 29 per cent increase in net profit at ₹38.1 crore »
London, July 30
The Caparo Group, the steel product and engineering group set up by British parliamentarian Swraj Paul, has begun to further diversify its Indian operations – currently focused on the auto compone...
Kolkata, July 21
Automotive battery major Exide Industries reported 16 per cent rise in net profit to Rs 185 crore in the April-June 2014 quarter as against a profit of approximately Rs 159 crore in the same perio...
New Delhi, July 17
Turnover down 2%, capital investment fell by half to around ₹4,400 crore »
June 29, 2014
Shares of Mahindra CIE (formerly known as Mahindra Forgings) moved up by 25 per cent in the last one week. The main trigger was news of the merger of five group companies with itself. »
September 18, 2014
Together, the companies are aiming at global leadership »
Hyderabad, August 26
Setting up an integrated manufacturing unit in Bangalore at an investment of ₹300 crore
Beijing, Aug 20
Continuing with its crackdown on multinationals over anti-monopoly violations, China today slapped $201 million fine on 12 Japanese auto parts suppliers accusing them of conniving to raise prices.
August 14, 2014
Shrikaant Sawaiikar is not kidding when he says that virtually all the big names in the automobile industry are his potential clients in the near future.
The Chairman and Managing...
New Delhi, Aug 3
The Defence Ministry has decided against blacklisting British engine manufacturer Rolls-Royce and allowed the armed forces to do business related to essential requirements with the firm, which is...
Kolkata, July 24
Ford India on Thursday opened a parts distribution centre, its fourth, here. The new centre in the city comes after Chennai, Mumbai and Delhi. The 3,200 sq m facility, closer to th...
July 19, 2014
This shock absorber maker has what it takes to ride over speed bumps. The momentum should continue
New Delhi, July 15
Govt’s hand tied by revenue constraints »
June 29, 2014
Many multi-baggers of this bull run have emerged from the auto parts space. We take stock to see if the sector is over-heated or still has some steam left »