Other News

Daimler Opens New Regional Center for Commercial Vehicles in Chennai

Daimler Opens New Regional Center for Commercial Vehicles in Chennai

Just seven months after the opening of the first Regional Center for Commercial Vehicles in Dubai, Daimler AG has completed the regionalisation of its sales and service organization for its commercial vehicle business in key regions of growth. The opening of the Regional Center Southern Asia in Chennai marks the last in a series of launches which further included Regional[Read More…]

by May 26, 2016 OEM
Piaggio India expands footprint in the south with a Motoplex addition in Hyderabad

Piaggio India expands footprint in the south with a Motoplex addition in Hyderabad

Driven by the success of its first Motoplex store in Pune (India) launched in Nov 2015, Piaggio Group today added yet another feather to its cap with the inauguration of its second Motoplex in India in the city of Hyderabad. Also known as the city of Nizams, Hyderabad becomes the first city in the south of India where Piaggio has[Read More…]

by May 26, 2016 OEM
Honda launches the refreshing new 2016 Activa-i

Honda launches the refreshing new 2016 Activa-i

Adding to its youthful appeal and freshness, Honda Motorcycle and Scooter India Pvt. Ltd (HMSI) launched three new colours of Activa-i. The personal compact scooter receives a refreshing twist and is Honda’s seventh new model of 2016. The new Activa-i is aimed at extending the legacy of brand ‘Activa’ and its leadership in the automatic scooter segment. Speaking as the[Read More…]

by May 26, 2016 OEM
Rockford fosgate announces association with Blaupunkt India

Rockford fosgate announces association with Blaupunkt India

  Leading global brand in high-performance audio systems, Rockford Fosgate have announced their association with Blaupunkt India as their distribution partner for the country. The Prime, Punch and Power ranges of products will be available via the exclusive distribution agreement. The portfolio offers a 3 series extensive product range to cater to a wide audience based on their preference and[Read More…]

by May 26, 2016 Business Filings

PPAP Automotive to begin Chennai operations next year

The Noida-based PPAP Automotive, manufacturer of automotive sealing systems and injection moulding parts, plants to commence production of sealing systems at its Chennai plant, mainly for Renault- Nissan, from next year. The plant is awaiting regulatory approvals to commence the construction. Abhishek Jain, Executive Director, PPAP Automotive said,” we are ready to start the construction work at Chennai. Only the[Read More…]

by May 26, 2016 Cover Story

Sundram Fasteners Ltd registered its best ever performance during the year ended 31st March, 2016

Sundram Fasteners Limited (standalone) recorded total revenue of Rs 2,641.38 crore for the year ended March 31, 2016 as against Rs 2,409.75 crores achieved during the previous year. The export sales were at Rs 908.12 crore as against Rs 898.71 crore. Domestic sales, net of excise duties were at Rs 1,649.37 crore as against Rs 1,426.33 crore, an increase of[Read More…]

by May 25, 2016 Finance

Rane Brake Lining Limited reports 2015-16 results

Rane Brake Lining Limited (RBL), a leading manufacturer of Brake Linings, Clutch Facings and Disc Pads today announced its results for the year ended 31st March 2016. The Company registered Sales & Operating Income of Rs 448.42 Crore for the current year as against Rs 416.41 Crores for the previous year. The Company’s overall OE sales registered a healthy growth[Read More…]

by May 25, 2016 Finance

Continental Reaches Production of 10 Millionth Standardized Speed Sensor

After the start of production in January 2014 the ten millionth Multi-application Unified Sensor Element (MUSE) was already manufactured and delivered to different customers worldwide. The assembling takes place in China, Korea, India, Hungary, Brazil and Mexico. The MUSE is targeted for active camshaft and crankshaft position and speed sensors as well as transmission speed sensors. “Throughout the automotive industry,[Read More…]

by May 25, 2016 Newscast
MV Agusta Enters India with the Kinetic Group

MV Agusta Enters India with the Kinetic Group

MV Agusta, the legendary Italian company known for the world’s most premium high-performance superbikes, today announced its official entry into India via an exclusive partnership with Pune’s automobile major, the Kinetic Group. The company unveiled its first range of superbikes − the F4, F3 and Brutale 1090 −which will now be available at its first ‘Motoroyale’ dealership in Pune. The[Read More…]

by May 12, 2016 Newscast, OEM
GM India provides safety device ‘SAFER’ to all women employees

GM India provides safety device ‘SAFER’ to all women employees

As part of its commitment to personal safety, General Motors India today provided all its women employees a safety device called ‘SAFER’ to protect themselves in an emergency situation. Women can push a button on the ‘SAFER’ device to alert their loved ones about their location, assisted through their smartphone. A complimentary SAFER device was handed over to all women[Read More…]

by May 12, 2016 Newscast, OEM