COVID-19 PANDEMIC: Indian auto industry puts best foot forward

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

Toyota Kirloskar sells 8022 units in March 2020

Having successfully liquidated all its BS4 stocks even at the dealership level, TKM sold a total of 7023 units of BS6 vehicles to its dealers (wholesales) in the month of March 2020. To lessen the burden on its deal...

Honda Cars India March 2020 growth slumps (-) 78.50% at 3697 units

Honda Cars India Ltd. (HCIL) registered its annual domestic sales of 102,016 units during FY 2019 – 20. The company’s monthly sales stood at 3,697 units in March 2020. The company had sold 183,808 units during FY 18...

Indian auto industry stares at Rs 48,300 crore loss for 21 days closure of plants

The auto industry will be very adversely impacted by the ongoing COVID-19 crisis. The shutting down of plants temporarily by all auto OEMs and component manufacturers across the country will trigger a loss of more t...

FCA suspends production in India in response to COVID-19 crisis

Fiat Chrysler Automobiles (FCA) together with Fiat India Automobiles Private Limited (FIAPL), FCA’s joint venture manufacturing facility in Ranjangaon, announced that it will work with the Government to temporarily ...

Honda 2Wheelers India temporarily shuts down operations

Honda Motorcycle & Scooter India Pvt. Ltd. announced precautionary measure as it diligently monitors current COVID-19 pandemic situation. The company has temporarily announced shutdown of operations across all its f...

Gadkari leaves behind a belligerent tone and assures auto industry

For Union Minister Nitin Gadkari, it’s been a journey from taking on a confrontationist attitude to one of being benign and accommodating. At the 59th Annual Convention of the Society of Indian Automobile Manufactu...

Mahindra Logistics successfully trains 10000 drivers across India

Mahindra Logistics, the largest 3PL solutions providers in the Indian logistics industry, successfully trained 10000 drivers across India as a part of Pradhan Mantri Kaushal Vikas Yojana (PMVKY). The training, condu...

VW Group audit confirms misconduct and shortcomings

Germany based Volkswagen Group has admitted that the software-influenced NOx emissions behaviour of its cars in the US and elsewhere was due the interaction of three factors: The misconduct and shortcomings of indi...

Volkswagen: Das Auto Scam

It’s the biggest scam to hit the global auto industry. No recall of a car, anywhere in the world, has ever had such a distasteful flavour of deceit and intrigue. Germany based Volkswagen has some of the best brands ...

VW scam will lead to enormous financial damages, says Muller of VW Group

Admitting that the recent emissions scam committed by the Volkswagen Group will lead to enormous financial damage which “it is still not possible to quantify as of today”, the new CEO of Volkswagen Aktiengesellschaf...

Matthias Müller succeeds Winterkorn as CEO of Volkswagen Group

Matthias Müller (62) has been appointed CEO of Volkswagen AG with immediate effect. This was decided by the Supervisory Board at its meeting in Wolfsburg on September 25, 2015). Müller is currently Chairman of Porsc...

Volkswagen CEO Dr. Martin Winterkorn quits over emissions scandal

The Volkswagen global emission scandal involving diesel engine powered VW cars took its first major toll on September 23, 2015 with Prof. Dr. Martin Winterkorn, CEO of Volkswagen AG resigning from his post. Acceptin...

Ford new boss Fields transformed global operations

Mark Fields, the new bossman at Ford Motor Company is an extremely experienced man who has in the past has transformed several of Ford’s operations around the world into much stronger businesses during his 25 years ...

Tool down stir at Shriram Pistons Pathredi plant

For several days there has been a an absolute tool down strike at the Shriram Pistons & Rings’ (SPR) Pathredi (Bhiwadi district, Alwar) plant in Rajasthan in North India which is threatening to snowball into a maj...

Shriram Pistons management appeals for normalcy

With the ongoing elections in the country, workers at automotive plants seem to be on a disruption mode. While the Toyotas and the Bajajs are facing severe hardship on this front, it now seems to be the turn of Shri...

Karnataka govt issues order on Toyota crisis

The ongoing tussle between the management and workers of Toyota Kirloskar Motor Ltd (TKML) finally saw the government of Karnataka intervening in the matter. The government has apparently issued an order asking the ...

Krishna Group inks JV with Landi Renzo S.p.A

Krishna Group, an Indian auto interior manufacturing company, is forming an equity joint venture (JV

Anand Mahindra to become CMD of M&M

Keshub Mahindra, Chairman of Mahindra & Mahindra Ltd., advised the Board of his intention to retire

IAC group names James k. Kamsickas global CEO

International Automotive Components (IAC) Group has appointed James K. Kamsickas as Chief Executive

PSA Peugeot Citroen still to handpick site

PSA Peugeot Citroen has still to officially declare where it intends to set up a plant in India

Bosch group celebrates 125 years

The Bosch Group has announced the year 2011 as its 125th anniversary year



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