Royal Enfield to set up new production unit near Chennai at Rs 800 cr

Royal Enfield to set up new production unit near Chennai at Rs 800 cr

2018-04-03T14:48:27+00:00 On

Royal Enfield, which makes the iconic ‘Bullet’ retro motorbikes in India, said it will invest Rs 800 cr this financial year to create the second phase of its factory at its Vallam Vadagal site near Chennai. The company, whose products cost upwards…

JSW Energy appoints GM executive to head its electric vehicle unit

JSW Energy appoints GM executive to head its electric vehicle unit

2018-03-23T16:44:53+00:00 On

Power generation company JSW Energy Ltd said it has appointed auto industry veteran Sergio Luiz Pegoraro Rocha of Brazil to head its upcoming electric vehicle unit. In his previous stint, he was President, CEO and Chairman of GM Korea (General Motors, Korea),…

Mahindra & Ford to co-develop SUVs,  small electric vehicle

Mahindra & Ford to co-develop SUVs, small electric vehicle

2018-03-22T19:50:57+00:00 On

Mahindra Group and Ford Motor Company will jointly develop new SUVs, and a small electric vehicle as part of several initiatives announced today between the two companies. The two companies signed five new memoranda of understanding (MoU) that they said will further…

Arvind Ltd ties up with Adient to manufacture auto-seat fabrics

Arvind Ltd ties up with Adient to manufacture auto-seat fabrics

2018-03-21T12:03:23+00:00 On

Textile and garments maker Arvind Ltd said it set up a joint venture with global auto-seat specialist Adient to manufacture automotive seat fabrics in India. Adient Arvind Automotive Fabrics will be based in Ahmedabad, India, and will supply materials both to Indian…

Hero MotoCorp unveils new Super Spendor 2018 with 27% more power

Hero MotoCorp unveils new Super Spendor 2018 with 27% more power

2018-03-07T17:24:29+00:00 On

Hero MotoCorp said it has launched the 2018 version of its extremely successful commuter bike Super Splendor. The bike will continue to be powered by a 125cc engine. However, it more powerful compared to the outgoing version as it has a peak…

TVS Motor adds fast clutch technology to Apache RTR 200 4V

TVS Motor adds fast clutch technology to Apache RTR 200 4V

2018-03-07T11:34:38+00:00 On

TVS Motor Co announced a new variant of its 200cc Apache RTR motorbike with special ‘race derived’ clutch technology that makes it easier to shift gears. The new model costs about Rs 1,600 extra. “The ‘A-RT Slipper Clutch’ technology, accentuates the motorcycle’s…

Jaguar Land Rover posts decent Feb retail sales, but still down 2.6% YoY

Jaguar Land Rover posts decent Feb retail sales, but still down 2.6% YoY

2018-03-07T11:04:41+00:00 On

Jaguar Land Rover reported a 2.6% decline in retail sales to 39,911 in February compared to last year. However, the decline was not very surprising, given that last year, the company had seen the highest ever February sales in its history. This year’s…

Tata Motors Feb auto sales up 38%, boosted by strong SUV sales

Tata Motors Feb auto sales up 38%, boosted by strong SUV sales

2018-03-01T13:36:26+00:00 On

Tata Motors reported a growth of 38% for its domestic auto sales for February, boosted by strong sales of SUVs as well commercial vehicles. Sales of commercial vehicles, which rose 36% on year, accounted for 41,222 out of the 58,993 total automobiles…