General Motors will sign an agreement with the western state of Maharashtra for an engine and transmission plant on Thursday, as it steps up the pace in one of the world’s fastest-growing auto markets.
The unit will be located in Talegaon, where GM’s second vehicle plant is scheduled to start operations next week, a spokesman said, [...]
Although KTM has been making motorcycles since 1934, it’s new to the car business. Evidently, no one told them that if you’re going to go back on something you said in the auto business, it’s supposed to [...]
Skoda India plans to introduce eight new models within next five years to further strengthen its brands’ position in India. Skoda had made its entry in the Indian car market with the popular model Octavia from D segment. And for the first time in India has introduced the Pump-Duse technology in Skoda Fabia, the premium [...]
Bentleys and buckets of torque go hand-in-hand. Therefore, it might make some sense for the [...]
Mahindra & Mahindra Ltd. (M&M), one of India’s leading automotive companies, today announced that its Board of Directors has approved the acquisition of business assets of Pune-based Kinetic Motor Company Ltd. (KMCL). The acquisition will be done through a New Company to be formed.
The consideration for the acquisition is a sum of Rs. 110 crores [...]
Tata Motors Ltd , India’s top vehicle maker, saw its first quarter profit drop 30 percent, as expected, on foreign exchange losses and rising input costs, and said margins would remain under pressure. Tata Motors, which is due to launch the world’s cheapest car, the Nano, around October, will seek to protect margins through cost [...]
Tata Motors plans to enter the Polish market soon with its three models, Tata TL pick-up, Tata Safari SUV and the Indian best-seller compact Tata Indica, as reported by The Wall Street Journal Polska. The Journal informs that in Poland Tatas will be sold [...]
With sales up 35-percent year over year, the current Focus is on fire. Even after Ford added a third shift that bumped annual production at its Wayne assembly plant to 280,000 units per year, the Blue Oval is still selling every compact it an [...]