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Govt plans incentives for auto companies to boost exports

Manufacturing

29 June, 2020

Govt plans incentives for auto companies to boost exports

India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in ......

Premium
Russian, Korean firms top MNCs by revenue in India but Chinese growing the fastest

Finance

29 June, 2020

Russian, Korean firms top MNCs by revenue in India but Chinese growing the fastest

A Russian and a South Korean company are at the top of the list of 20 biggest multinational corporations in ......

India car sales crash in March on coronavirus lockdown

Manufacturing

01 April, 2020

India car sales crash in March on coronavirus lockdown

Automakers in India saw a steep fall in sales in March as a slowdown in demand was exacerbated by shutdowns ......

Chinese automaker Great Wall agrees to buy General Motors' India plant

Manufacturing

17 January, 2020

Chinese automaker Great Wall agrees to buy General Motors' India plant

Chinese automaker Great Wall Motor has agreed to buy General Motors’ (GM) car plant in Maharashtra, two sources aware of ......

China's Great Wall gears up for India climb as rivals hit the brakes

Manufacturing

20 December, 2019

China's Great Wall gears up for India climb as rivals hit the brakes

Chinese automakers Great Wall Motor and Changan Automobile are accelerating plans to build cars in India after the initial success ......

Suzuki joins Ford, other foreign automakers in rethinking India strategy

Manufacturing

08 November, 2019

Suzuki joins Ford, other foreign automakers in rethinking India strategy

Suzuki Motor Corp said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where it has seen ......

Ford forms joint venture with Mahindra in India strategy shift

Manufacturing

01 October, 2019

Ford forms joint venture with Mahindra in India strategy shift

Ford Motor Company has agreed to form a joint venture with Mahindra & Mahindra Ltd, as the American automaker ends ......

Hyundai picks up stake in car rental startup Revv

TMT

20 August, 2018

Hyundai picks up stake in car rental startup Revv

Hyundai Motor Company has invested in Indian self-drive car rental startup Revv, joining a raft of global carmakers backing new ......

Mahindra & Mahindra, Ford set to invest $50 mn in Zoomcar

TMT

10 January, 2018

Mahindra & Mahindra, Ford set to invest $50 mn in Zoomcar

Car rental startup Zoomcar is set to raise $50 million (Rs 318 crore) from automobile and farm equipment manufacturer Mahindra ......

Zoomcar in talks with Mahindra, others to raise $50 mn

TMT

21 November, 2017

Zoomcar in talks with Mahindra, others to raise $50 mn

Bengaluru-based self-drive car rental startup Zoomcar India Pvt. Ltd is in talks with both new and existing investors, including automobile ......