JK Tyres and Industries Limited, one of the leading names in the Indian tyre industry has announced an expansion plan of Rs 476 crore at its Mysore tyre manufacturing plant and once the project is completed, the tyre maker's capacity would exceed 1.06 million tyres from the existing capacity of 367,000 a year.Automotive News by Jayashankar Menon on Dec 21 2012
HARMAN brings home highest record number of Consumer Electronics Show awards and iF Product Design Awards heading into an excellent start for the New Year.
Gulf Oil Corporation, a Hinduja Group firm has announced this morning that it has completed the acquisition of 100 percent stake in Houghton International for $ 1.045 billion.Automotive News by Jayashankar Menon on Dec 21 2012
New vehicle satisfaction is increasingly being driven by the vehicle interior, according to a JD Power Asia Pacific 2012 India Automotive Performance, Execution and Layout (APEAL) Study released today said.Automotive News by Jayashankar Menon on Dec 20 2012
Freudenberg Group, the German company has acquired Vector Technology Group, the supplier of sealing solutions for the oil and gas industry.Automotive News by Jayashankar Menon on Dec 20 2012
The foundry division of the Hinduja Group, Chennai-based Hinduja Foundries' networth has dipped by 55 percent to Rs 185.18 crore in 2011-12 (18 months period), even as the firm has plans to report to the Board for Industrial and Financial Reconstruction (BIFR) due to erosion of net-worth.
Better consumer awareness boosts installation of standard and optional fitments in various vehicle segments.
The international automotive supplier Continental, received on Wednesday Nevada’s ‘Autonomous Vehicle Testing License’ – a state approval from the Nevada Department of Motor Vehicles (DMV) to test automated driving on the state’s public roads.Automotive News by Jayashankar Menon on Dec 20 2012
MINI India announced the opening of KUN Exclusive, its exclusive dealership in Hyderabad.Automotive News by Jayashankar Menon on Dec 20 2012
BMW Group India President, Philipp von Sahr, while launching Mini in Hyderabad said that the luxury car market in the country would witness humungous growth over the medium and long-term, but would eventually see a moderate growth in 2013.Automotive News by Jayashankar on Dec 20 2012
Ammann Group is acquiring 70 percent stake in the consolidated road construction equipment business of Apollo Group in a deal valuing the business at Rs 400 crore.Automotive News by Jayashankar on Dec 20 2012
Su-Kam's Automate brand battery is longer lasting automotive battery backed by all weather technology to ensure the car runs smoothly even in extreme conditions.Automotive News by Jayashankar on Dec 20 2012
The Government of the western Indian state of Goa has firmed up the decision to invest around Rs 150 crore in various developmental works in the mining belt, which has been hit with recession due to closure of iron ore extraction activity.Automotive News by Jayashankar Menon on Dec 19 2012
Event kicks off coinciding with Harley-Davidson's 110th Anniversary celebrations worldwide.Automotive News by Jayashankar Menon on Dec 19 2012
The restructuring process of Sundaram Clayton, the parent firm of TVS Motor Co, which started in May this year got over and the brothers, Venu Srinivasan and Gopal Srinivasan has parted ways in a graceful manner.