Several auto components manufacturing SMEs have a high level of systems, processes and automation. “However, there is room for improvement in finance function. There is an opportunity of aligning internal business processes to global standards by driving business decisions with active inputs from the finance function,” Bhairav Kothari, Founder and Managing Director, SuperCFO, told Auto Components India. He said the[Read More…]
BMW Motorrad has officially started its operations as a part of the Indian subsidiary of BMW Group. Earlier, BMW Motorrad was operating in India with importers who had sales outlets in Mumbai and New Delhi. Dimitris Raptis, Head of Region Asia, China, Pacific, South Africa, BMW Motorrad said, “BMW Motorrad is one of the world’s most tradition-steeped and successful[Read More…]
Daimler India Commercial Vehicles (DICV) – the wholly-owned subsidiary of Daimler AG – today celebrated the premiere of its all-new BharatBenz range of heavy-duty trucks. The new models are equipped with proven technology to meet the new BS-IV emission standards, and deliver significantly better fuel economy as well as lower maintenance costs. Thanks to a host of further innovative features,[Read More…]
After having bagged an order for 500 new next-generation low-floor Urban city buses from the Ivory Coast, Tata Motors today handed over the first lot of 117 buses to SOTRA in Côte d’Ivoire’s economic capital, Abidjan. The buses are being financed under the EXIM Bank of India for operation by SOTRA – Abidjan Transport Company. Built on Tata Motors next-generation[Read More…]
Bharat Forge was named a GM Supplier of the Year by General Motors during its 25th Annual Supplier of the Year awards ceremony held Friday, March 31 in Orlando, Florida. GM recognized 118 of its best suppliers from 15 countries that have consistently exceeded GM’s expectations, created outstanding value or brought new innovations to the company. The announcement represented the[Read More…]
Mercedes-Benz, launched the flagship luxury model, the S-Class‘ Connoisseur’s Edition’ for its discerning customers. This is the 4th launch for the year from the German luxury car manufacturer this year. Popularly referred to as the ‘best car in the world’ by the critics and patrons, the S-Class portfolio in India is a benchmark to be reckoned with. The flagship S-Class[Read More…]
Apollo Tyres introduced Apollo Apterra HT2 for the growing 4×4 and SUV segment, where as the actiZip F2 & actiZip R3 tubeless tyres has been launched for the motorcycles. Developed jointly by the company’s Global R&D Centres in Chennai, India and Enschede, the Netherlands, these tyres were introduced in multiple cities across the country in the presence of leading business[Read More…]
Shell opened a new major technology hub in Bangalore – a 52 acre, custom built technology centre – that can house up to 1,500 experts, who would collaboratively work on worldwide innovative energy projects. The inauguration was conducted in the presence of Chief Guest Dharmendra Pradhan, Minister for Petroleum and Natural Gas, Govt of India, along with His Excellency Alphonsus[Read More…]
Tube Investments of India (TII), a part of the Murugappa Group, today launched India’s first exclusively-online bicycle brand, a new initiative of the company’s Corporate Strategy Group (CSG). Branded ‘Brooks’, the range offers city, off-road and kids bicycles and will be available for sale on the e-store, BrooksBicycle.com. To begin with, nine models have been launched in the price range of[Read More…]
Reacting to the Supreme Court Orders banning the sale of BS III stocks of vehicles, Vinod K. Dasari, President, Society of Indian Automobile Manufacturers (SIAM) said that industry would abide with the Orders passed by the Hon’ble Court. Auto Industry has been ready with BS4 manufacturing since 2010. However, the sale of BS4 vehicles was not possible, nationwide, due to lack of BS4[Read More…]
