Industry/Official
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1.7KAudi to fully acquire Silvercar, a US based A4 rental company
Audi in a press release has announced a 100% acquisition plans of Silvercar, a US based luxury car rental company consisting exclusively of...
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2.2KGovt withdraws FAME subsidy for mild hybrids
The Govt. of India has withdrawn the FAME subsidies for mild hybrid diesel cars from April 1, 2017. Under the FAME (Faster Adoption and...
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2.3KTata Motors and Jayem Auto to develop ‘special performance vehicles’
Tata Motors has announced a 50:50 joint venture with Coimbatore based Jayem Automotives for developing ‘special performance vehicles’. The duo has formed JT Special...
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2.2KAuto industry stuck with over 8 lakh BS-III vehicles
The Indian automotive industry is stuck with over 8.24 lakh BS-III inventories as of March 20, including commercial vehicles, two-wheelers, three-wheelers, and passenger...
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2.2KChinese electric startup NIO raises $600M from Baidu
Chinese internet giant Baidu has led an investment round into the electric vehicle startup NIO, formerly known as NextEV, with the overall funding round...
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1.4KKawasaki and Bajaj alliance to end on April 1, 2017
Kawasaki’s sales and after-sales service alliance with Bajaj Auto Ltd. will end on April 1, 2017, the company said in an official release. However,...
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2.0KHonda Cars India to hike prices from April
Honda Cars India Limited has announced a price hike of Rs 10,000 across the model range, effective from first week of April...
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1.8KEx-BMW design head Karim Habib joins Infiniti
Nissan’s luxury marque Infiniti has hired Karim Habib to lead its design team, effective July 1, 2017. Karim vacated his place at...
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3.0KTata Motors with Volkswagen Group and Skoda form strategic alliance
Tata Motors today announced the signing of a Memorandum of Understanding (MoU) for a long-term partnership with Volkswagen Group and Skoda, for...
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2.5KPSA Group acquires Opel for €1.3 billion
PSA Group today announced an agreement under which GM’s Opel and its British subsidiary Vauxhall, and GM Financial’s European operations will join the...
