Industry

Nissan clarifies its stance on alleged Alliance split      

Nissan clarifies its stance on alleged Alliance split      

Says that the Alliance is the source of Nissan’s competitiveness in the market, and it remains committed to win...

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Vincent Cobee appointed new CEO of Citroen

Vincent Cobee appointed new CEO of Citroen

Linda Jackson takes over new role to lead study on brand differentiation within Groupe PSA; DS sub-brand gets Beatric...

Nissan looking to split from Alliance partner Renault

Nissan looking to split from Alliance partner Renault

Nissan senior executives are reportedly formulating a contingency plan to negotiate a total divide from partner Renault.

Mercedes, Geely enter joint venture for Smart brand

Mercedes, Geely enter joint venture for Smart brand

Mercedes and Geely to co-develop new models under the Smart brand; joint venture named smart Automobile Co Ltd.        

SC stay on NCLAT order reinstating Mistry exonerates Tata

SC stay on NCLAT order reinstating Mistry exonerates Tata

The Supreme Court (SC) noted the NCLAT order reinstating Mistry was sorely lacking and granted relief which hadn̵...

Carlos Ghosn hits out against Japanese legal system and Nissan

Carlos Ghosn hits out against Japanese legal system and N...

Ghosn re-asserts his innocence and justifies his escape by claiming Nissan executives colluded with the Japanese gove...

Indian retail fuel prices almost at one-year high

Indian retail fuel prices almost at one-year high

The increase in petrol and diesel prices in India are a result of the recent hike in the global cost of crude oil.      

Kia India appoints Tae-Jin Park as executive director and chief sales officer

Kia India appoints Tae-Jin Park as executive director and...

Park has replaced YS Kim and will be responsible for Kia Motors’ sales, marketing, service and network developm...

Carlos Ghosn, Nissan ex-boss flees Japan

Carlos Ghosn, Nissan ex-boss flees Japan

Carlos Ghosn fled house arrest in Japan, only to resurface in Beirut, Lebanon.                                          

Delhi EV policy offers incentives to vehicle buyers

Delhi EV policy offers incentives to vehicle buyers

Two and four wheelers to get Rs 5,000 and Rs 10,000 respectively per kWh of battery capacity as incentives under the ...

Mahindra & Mahindra announces more management changes

Mahindra & Mahindra announces more management changes

Rajan Wadhera to retire from role as president, automotive sector, from April 1, 2020; Veejay Nakra to be appointed C...

Mahindra & Mahindra to re-jig top management positions

Mahindra & Mahindra to re-jig top management positions

Pawan Goenka to take over as MD and CEO of Mahindra & Mahindra for FY 20-21, with Anish Shah taking over the role fro...

PSA-FCA merger confirmed

PSA-FCA merger confirmed

PSA head Carlos Tavares to take charge as CEO of the merged entity; merger process to be completed over the next 12-1...

Made-in-India BluArmor BLU3 E20 wins 2020 CES Innovation Award

Made-in-India BluArmor BLU3 E20 wins 2020 CES Innovation ...

The BLU3 E20 wins in the In-Vehicle Entertainment and Safety Category.                                                  

PSA Group and Fiat Chrysler confirm merger plans

PSA Group and Fiat Chrysler confirm merger plans

The two firms confirm a 50/50 union to create one of world's largest automotive groups.                                

Hiroto Saikawa steps down as Nissan CEO

Hiroto Saikawa steps down as Nissan CEO

Saikawa quits after admitting to being improperly overpaid. Current COO Yasuhiro Yamauchi to take over as acting CEO.  

Volvo India sales grow 25 percent in 2019 fiscal

Volvo India sales grow 25 percent in 2019 fiscal

Swedish carmaker clocks sales of 2,687 units, thanks to continuing upbeat demand for the XC40 and dealership expansion.

SIAM welcomes import duty cut on EV components

SIAM welcomes import duty cut on EV components

Says move will boost local assembly; but recommends lowering duty on battery cell since they are currently not manufa...

Kolkata Police introduce “One Time Traffic Fine Settlement Scheme”

Kolkata Police introduce “One Time Traffic Fine Set...

Vehicle owners can now settle their outstanding traffic fines at a discounted rate.                                    

Fuel price drop continues

Fuel price drop continues

Petrol and diesel prices are down by 40-44 paise in all major cities.