Company News

Tesla 3's India launch 'should be hopefully soon', Elon Musk says

The Indian EV market is is still niche, but come 5 years, it could become a manufacturing hub.

Jul 10, 2020

BMW employees brace for biggest downsizing in over a decade due to coronavirus

BMW is reportedly handing the pink slip to thousands of its employees and contract workers around the world as it is still trying to recover from the impact of the ongoing coronavirus pandemic.

Jun 20, 2020

Is Ford leaving India? Everything you need to know

Ford could put Mahindra in the driving seat for its operations in India as it continues to struggle with sales.

Sep 27, 2019

Fiat Chrysler, Renault pursue $35 bn merger to form third largest carmaker

The $35 billion-plus tie-up would alter the landscape for rivals including General Motors and Peugeot maker PSA Group, which recently held inconclusive talks with Fiat Chrysler (FCA), and could spur more deals.

May 28, 2019

Tata Motors mulls stake reduction in Jaguar Land Rover

The British luxury carmaker has been struggling for a while now due to a slowdown in China and a shift in consumer preference away from diesel and combustion engines.

Mar 1, 2019

Ducati forays into used premium bike business in India via Ducati Approved

Ducati Approved programme bikes will be less than 5 years old with lower than 50,000 km riding history. The used bikes will be on sale only after it passes 35 technical checks by Ducati officials.

Dec 15, 2018

Kia Motors India gifts Niro EV, Niro Hybrid, and Niro Plug-in Hybrid to Andhra Pradesh government

Kia Motors India signed a Memorandum of Understanding (MoU) with the state of Andhra Pradesh to collaborate on the 'Partnership for Future Eco Mobility,' the carmaker gifted the Niro Hybrid, Niro Plug-in Hybrid and a Niro EV as part of the agreement.

Dec 7, 2018

General Motors shaking things up; to cut 15% jobs, shuts down 5 plants in North America

In 2019, General Motors will wind up operations of plants in Detroit, Ohio and Ontario, Canada, and transmission factories in Michigan and Maryland. GM has already announced the closure of the assembly plant in Gunsan, South Korea.

Nov 27, 2018

Volvo Cars has absolutely 'nothing' to show at 2018 Los Angeles Auto Show

Volvo Cars definitely has a pavilion at the 2018 LA Auto Show. However, the central space where everyone would expect to find a car will showcase a surprising statement- 'This Is Not A Car'.

Nov 21, 2018

Festive season fails to light up passenger vehicle sales; registers marginal 1.55% growth in October

The month-long period from Navratri to Diwali usually sees increased vehicle sales in India. However, multiple factors, including rising fuel prices seem to have played spoilsport this time.

Nov 10, 2018

When will Tesla come to India? CEO Elon Musk has a definitive answer

According to CEO of Tesla Elon Musk's tweet, his electric car company is closer to India foray. India is one of the key markets in Tesla's broader expansion by 2020.

Nov 8, 2018

Kia Motors plant to fast-track Anantapur's makeover as manufacturing hub of Andhra Pradesh

South Korean carmaker Kia Motors is currently setting $1 billion worth manufacturing plant at Anantapur district of Andhra Pradesh. The plant will be operational in mid-2019 and developments are in swing.

Oct 31, 2018

After SAIC, China's Great Wall Motors likely to start operation in India

Great Wall Motors is expected to start India operations sometime in 2021-22. Great Wall Motors is China's largest SUV and pick-up truck maker in China and sells vehicles under three brand- Great Wall, ORA and Havel.

Oct 17, 2018

#MeToo: Tata Motors' communications head asked to proceed on leave over allegations

Suresh Rangarajan, the Chief Communications Officer at Tata Motors, has been accused of misbehaving with young female employees.

Oct 12, 2018

Maruti Suzuki deploys 50 WagonR-based electric vehicles for testing

Maruti Suzuki plans to launch its first electric vehicle in India in 2020. Ahead of the ambitious plan, developments are in full swing. Suzuki has also tied up with Toyota in bringing EVs to India.

Oct 9, 2018