Auto Industry Archives - GaadiKey

Tata Motors and Skoda cease discussions around Potential Partnership
Aug10

Tata Motors and Skoda cease discussions around Potential Partnership

Tata Motors and Skoda cease discussions around potential partnership Tata Motors and Skoda Auto have performed a joint technical feasibility and commercial evaluation of a potential collaboration. Based on intense and constructive discussions, both the companies have jointly concluded that the envisioned areas of partnership may not yield the desired synergies as originally assessed. Nevertheless, the two companies have decided to...

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Tata Motors reports Rs 58,651 crores of Net Revenue in Q1 2018
Aug09

Tata Motors reports Rs 58,651 crores of Net Revenue in Q1 2018

Tata Motors Consolidated Net Revenue Q1 FY18 ₹58,651 crores, Consolidated PAT ₹3,200 crores For the quarter ended June 30, 2017, Tata Motors reported consolidated revenues (net of excise) of ₹58,651 crores as against ₹65,115 crores for the corresponding quarter last year. Consolidated revenues for the quarter are lower by ₹7,761 crores due to translation impact from GBP to INR. Consolidated Profit before tax for the quarter was ₹3,737...

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Mahindra JIVO Small Tractor Launched at INR 4 Lakhs (Bengaluru)
Aug09

Mahindra JIVO Small Tractor Launched at INR 4 Lakhs (Bengaluru)

Mahindra JIVO Small Tractor Platform Launched in Bengaluru Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 19 billion Mahindra Group today announced the launch of the Mahindra JIVO in Bengaluru. A new age, superior technology small tractor platform in the sub 25HP category, the Mahindra JIVO is suitable for row crop and horticulture farming. The tractor is available in the 4WD version with engine power of...

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Sonalika Tractors leads >51 HP Tractor Segment in India
Aug09

Sonalika Tractors leads >51 HP Tractor Segment in India

Sonalika Tractors leads >51 HP Tractor Segment in India India’s youngest and the third largest tractor brand, International Tractors Limited (ITL), makers of Sonalika tractors, has emerged as the number one tractor manufacturing company in > 51 HP Segment category for the month of June. The segment is dominated by progressive farmers who always opt for technologically advanced tractors across the country. As per the data...

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MG Motors MG3 To rival Baleno and i20; India Launch in 2019
Aug09

MG Motors MG3 To rival Baleno and i20; India Launch in 2019

MG Motors in association with SAIC Motor Corporation has officially announced their plan to enter the much happening Indian market. MG and SAIC will be having a fully-owned car manufacturing facility in the country. The first car roll-out from MG Motors is expected in the year 2019. MG Motors’ MG3 premium hatchback might be the very first model to come out from the brand. The upcoming MG Motors MG3 hatchback will take on...

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HARMAN Revs Up Lifestyle Audio Business in India
Aug08

HARMAN Revs Up Lifestyle Audio Business in India

HARMAN Revs Up Lifestyle Audio Business in India HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, today announced its plans to strengthen the Lifestyle Audio business in India by appointing a new Business Leader and National Distributors, Brightstar and Auto Sonics, who will distribute its Consumer and Car aftermarket...

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Shishir Sinha Joins India Kawasaki Motors
Aug07

Shishir Sinha Joins India Kawasaki Motors

Shishir Sinha Joins India Kawasaki Motors India Kawasaki Motors has  announced a new leadership team to boost its presence and scope in Indian market. The company has announced new Director- Sales and Marketing, Mr. Shishir Sinha. Mr. Sinha was part of the team that established Harley-Davidson in India. Having joined Harley-Davidson in early 2010 he was instrumental in establishing the network and company roadmap. He worked with...

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“Highly Disappointed” says CEO of Mercedes-Benz on Amendment in GST Law
Aug07

“Highly Disappointed” says CEO of Mercedes-Benz on Amendment in GST Law

“Highly Disappointed” says CEO of Mercedes-Benz on Amendment in GST Law Mr. Roland Folger, MD & CEO, Mercedes-Benz India has responded to the new amendment in the GST Law proposed by GST Council India. The new amendment proposes to increase the cess on Luxury cars to 25% from current 15%. Mr Roland Folger the top person at Mercedes-Benz responded this way: We are highly disappointed with the decision. We believe this...

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Blaupunkt Symphony Series Launched in India
Jul26

Blaupunkt Symphony Series Launched in India

Blaupunkt Symphony Series Launched in India Blaupunkt, pioneers in car infotainment and sound, announced the launch of the new Symphony Series today. The series will include six 2-DIN Touch Screen Radios. The products – Saint Louis 350, Daytona Beach 450, Las Palmas 550, Palm Beach 550, Hong Kong 650 and Costa Mesa 900, will be available across all Blaupunkt dealers. The new Symphony series is a mix of Blaupunkt’s German legacy, new...

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Honda to launch 4th Assembly Line in Karnataka – World’s biggest Plant
Jul25

Honda to launch 4th Assembly Line in Karnataka – World’s biggest Plant

Honda to launch 4th Assembly Line in Karnataka – World’s biggest Plant Honda 2Wheelers India has sent out an invitation for the inauguration of its 4th assembly line in Honda’s 3rd Plant, Karnataka. The inauguration is scheduled at Honda’s 3rd plant at Narsapura (Karnataka) on Wednesday, 2nd August, 2017. The Narsapura plant is going to be World’s biggest plant of Honda. Mr Minoru Kato, President and CEO of Honda...

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Ashok Leyland Forms a Strategic Alliance with Sun Mobility
Jul18

Ashok Leyland Forms a Strategic Alliance with Sun Mobility

Ashok Leyland, flagship of the Hinduja Group, announced today the formation of a strategic alliance with SUN Mobility, promoted by Chetan Maini, founder of Reva and Uday Khemka, Vice Chairman of SUN Group. This global partnership between Ashok Leyland and SUN Mobility will leverage India’s innovation and engineering potential to develop truly world class electric mobility solutions. Ashok Leyland has been a pioneer in electric buses,...

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Mahindra Jeeto Mini Van launched at Rs. 3.45 lac
Jul13

Mahindra Jeeto Mini Van launched at Rs. 3.45 lac

Mahindra Jeeto Mini Van launched at Rs. 3.45 lac Mahindra today announced the launch of its Jeeto Mini van, its stylish and comfortable passenger carrier developed on the successful Jeeto platform. The Jeeto Minivan is best suited for urban and semi urban modes of transportation and will cater to last mile connectivity, contract and stage carriage for tour/travel and intra-city people movement. Priced competitively, the Jeeto Mini van...

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