Industry

Nissan sues Carlos Ghosn for $90 million in damages

Nissan sues Carlos Ghosn for $90 million in damages

Japanese manufacturer attempts to recoup money lost due to ex-chairman's alleged misconduct.                          

Indian Automotive industry’s rating changed to negative for FY 2021

Indian Automotive industry’s rating changed to nega...

Despite the recent uptick in the market, the Indian Ratings and Research agency has revised the score from stable to ...

Coronavirus threat a concern for Auto Expo 2020

Coronavirus threat a concern for Auto Expo 2020

With Auto Expo 2020 set to feature heavy Chinese presence, concerns have emerged relating to the deadly Novel Coronav...

Budget 2020 steers clear of auto sector relief

Budget 2020 steers clear of auto sector relief

The 2020 Budget speech avoids mention of auto industry, announces allocation for highways.                              

Hyundai India has produced 3 million cars for export

Hyundai India has produced 3 million cars for export

The three millionth Hyundai car for export was the Aura compact sedan; it was produced at the brand’s Chennai p...

Ralf Speth to step down as JLR Executive Director and CEO

Ralf Speth to step down as JLR Executive Director and CEO

Professor Ralf Speth will step down from his role in September 2020, after a 10-year long tenure at Jaguar Land Rover.  

Renault appoints ex-Seat chief Luca de Meo as new CEO

Renault appoints ex-Seat chief Luca de Meo as new CEO

Luca de Meo to start his role as Renault CEO, as the French manufacturer looks to recover from the ouster of Carlos G...

Anand Mahindra, Venu Srinivasan awarded Padma Bhushan

Anand Mahindra, Venu Srinivasan awarded Padma Bhushan

Both leaders of the automobile industry have received the award for distinguished service in trade and 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...

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...