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Samvardhana Motherson subsidiary MSSL Mideast to buy Yachiyo India Manufacturing
As per the regulatory filing, this acquisition is part of a deal between Samvardhana Motherson and Honda Motor Co LimitedRead more
Indian auto industry is coming of age
Indian auto industry has come a long way; from the “permit” raj era to becoming the world's third largest automobile market today. R Jayaraman examines the key drivers behind this success.Read more
Indian auto exports decline 21% in 2023, passenger vehicles buck trend with 5% growth
This downturn was attributed to monetary and geopolitical crises in various overseas markets. The overall exports totalled 42,85,809 units in the last year, down from 52,04,966 units in 2022.Read more
Honda explores $13.83 bn EV plant in Canada, eyes battery production
The Japanese automaker is exploring locations, including proximity to an existing automobile factory in Ontario.Read more
Gujarat's auto sector accelerates, leading Charge in e-Mobility with global investments
Scheduled from January 10 to 12, 2024, in Gandhinagar, the 10th edition of the Vibrant Gujarat Global Summit serves as a biennial platform for businesses and governments to explore investment opportunities and foster partnerships.Read more
Mandal Becharaji SIR transforms into Auto Manufacturing Hub in Gujarat
Spanning 102 square kilometers, the region includes nine villages: Hansalpur, Sitapur, Ughroj, Ughrojpura, Bhagapura, Gitapur, Ukardi, Chandanaki, and Shihore.Read more
Motherson enters into a partnership with Honda Motor
Company enters into an agreement to acquire 81 per cent stake in Yachiyo Industry, a Honda Motor subsidiary.Read more
Indian Automobile Industry valued at $108 bn in 2022-23: Primus Partners
The automobile industry produced value of Rs 8.7 lakh crore in 2022-23 and India produced 2.7 crore vehicles and is 3rd in passenger vehicles and 1st in 2 wheelers globally. Read more
Modern Automotive provides special steel engineering solutions to OEMs
Modern Automotives since its inception in 2005 has gradually seen a growth process with its added solutions in the global market. In the growing electric vehicle market, the company recently set its name to export Differential Pinion Shafts to BMW. Aditya Goyal, Managing Director, Modern Automotives Limited, in this interview shares that the company aims to increase export operations to 25 per cent by 2025Read more
Piaggio Vehicles appoints Dhiraj Tripathi as Vice President - Export & Electric Vehicles
Piaggio Vehicles Pvt Ltd (PVPL), a 100 per cent subsidiary of the Italian auto giant Piaggio Group appoints Dhiraj Tripathi as Vice President - Export & Electric Vehicles. Tripathi will be responsible for the Sales, Service, Marketing & Business Development for EVs and Exports.Read more
