Renault India Private Ltd, the fully owned subsidiary of Renault SAS achieved sales of 35,052 units for the calendar year 2012.
AirAsia Expedia (AAE), the unique joint venture between AirAsia, the world’s best low cost airline, and the Expedia group, the world's largest online travel company today announced Kathleen Tan as Chief Executive Officer.
Ramkrishna Forgings, the Kolkata-based forging manufacturer has decided to issue shares to International Finance Corporation (IFC), a promoter entity on preferential basis and preferential issue of warrants, apparently with the objective of setting up a $ 97 million plant at Klabira, near Jamshedpur in Jharkhand.
Mahindra & Mahindra has imparted tractor driving training to 14 women at Arur village, near Dharmapuri town in Tamil Nadu.
The 16th edition IIT-Bombay's annual technology event, Tech Fest 2013 kick-started today, showcasing robots, vintage cars, motorcycles and more and the three day event, which is being held in association with Mahindra Rise.
Suffering from severe financial crunch, the Indian Ministry of Finance (MOF) is considering a change in the methodology for calculating the under-recoveries of oil marketing companies (OMCs).
SsangYong Motor, the South Korea-based sports utility vehicles manufacturer and subsidiary of the Mahindra Group has posted a sales increase of 6.8 percent in 2012 to 120,717 units in contrast with the year ago period.
Riding on the success of burgeoning December 2012 sales, shares of the Pune-based auto major, Bajaj Auto rallied to a new high yesterday on the BSSE, scaling Rs 2,214, up 3.6 percent from its previous close, but ended the day slightly lower at Rs 2,202.60.
As part of widening its footprint pan India, one of the leading tyre manufacturers in the country, CEAT forayed into Kerala market for the first time, inaugurating the outlet at Thodupuzha this morning.
Suzuki Motorcycle India has posted a 23.89 percent increase in sales at 33,753 units for December 2012 as against 27,244 units in the year ago period.
The Saudi Arabian automobile leasing firm, United International Transportation Company (UniTrans) has acquired 32.5 percent strategic stake in Indian auto leasing company, TranzLease Holdings India Pvt Ltd.
The Maharashtra cabinet approved the new Industrial policy today, which focuses on strengthening small and medium industries and further aiming at an investment of Rs 500,000 crore and employment generation for 2000,000 people.
The new Industrial Policy, expected to be announced today, finds no reversal in amended VAT set-off scheme for automotive industry SEZs to be converted into industrial townships.
This month, the Punjab-based wheel maker for the automotive Industry, Steel Strips Wheels is optimistic about achieving a sale of 830,000 steel wheel rims in comparison with 765,000 unit sales in December 2011.
The Swedish car manufacturer Volvo is planning to set up car manufacturing plant in India, apparently in its attempt to slash the prices of its cars to a great extent, besides reducing the after sales expenses as well.
