Motherson Sumi Wiring India Limited announced the appointment of Gulshan as Chief Financial Officer and Key Managerial Personnel, effective immediately, following board approval during today’s meeting. Gulshan brings substantial financial expertise to the role, with over 14 years of comprehensive experience spanning finance, auditing, and cross-functional operations. A Chartered Accountant accredited by the Institute of… Continue reading Motherson Sumi Wiring India Appoints Gulshan as Chief Financial Officer
Category: US Motoring Press
Bharat Forge Completes Rs 746.5 Crore Acquisition of AAM India Manufacturing
Bharat Forge Limited (BFL) has successfully completed its acquisition of AAM India Manufacturing Private Limited for an equity value of Rs 746.46 crore, marking a significant expansion of the company’s automotive manufacturing capabilities. The transaction, initially announced in October 2024, received final approval from the Competition Commission of India (CCI) in April 2025. The acquisition… Continue reading Bharat Forge Completes Rs 746.5 Crore Acquisition of AAM India Manufacturing
Indian Tyre Exports Cross ₹25,000 Crore in FY25, Industry Maintains Strong Global Momentum
The Indian tyre industry has continued its robust export performance in FY2024–25, registering a 9% year-on-year growth in tyre exports, which surged to ₹25,051 crore from ₹23,073 crore the previous fiscal, according to data from the Ministry of Commerce. The Automotive Tyre Manufacturers Association (ATMA) noted that the sector’s resilience amid global trade policy uncertainties,… Continue reading Indian Tyre Exports Cross ₹25,000 Crore in FY25, Industry Maintains Strong Global Momentum
Indian Tyre Exports Cross ₹25,000 Crore in FY25, Industry Maintains Strong Global Momentum
The Indian tyre industry has continued its robust export performance in FY2024–25, registering a 9% year-on-year growth in tyre exports, which surged to ₹25,051 crore from ₹23,073 crore the previous fiscal, according to data from the Ministry of Commerce. The Automotive Tyre Manufacturers Association (ATMA) noted that the sector’s resilience amid global trade policy uncertainties,… Continue reading Indian Tyre Exports Cross ₹25,000 Crore in FY25, Industry Maintains Strong Global Momentum
Volkswagen India Launches Annual Autofest Exchange Program
Volkswagen India has launched its annual Autofest program, a nationwide exchange carnival designed to provide customers with upgrade opportunities and exclusive benefits across the company’s dealership network. The limited-period initiative targets both existing Volkswagen owners and prospective buyers seeking to purchase vehicles from the German automaker’s Indian portfolio. The program operates through Volkswagen’s established dealership… Continue reading Volkswagen India Launches Annual Autofest Exchange Program
Volkswagen India Launches Annual Autofest Exchange Program
Volkswagen India has launched its annual Autofest program, a nationwide exchange carnival designed to provide customers with upgrade opportunities and exclusive benefits across the company’s dealership network. The limited-period initiative targets both existing Volkswagen owners and prospective buyers seeking to purchase vehicles from the German automaker’s Indian portfolio. The program operates through Volkswagen’s established dealership… Continue reading Volkswagen India Launches Annual Autofest Exchange Program
Cooper Corporation and Sinfonia Technology Launch India’s First CPCB IV+ Certified 10 kVA LPG Genset
Cooper Corporation, a manufacturer of engines, gensets, and tractors based in India, has partnered with Japan’s Sinfonia Technology to launch India’s first CPCB IV+ certified 10 kVA LPG genset. The product, named the ‘Daimon Genset,’ marks a collaborative step in developing cleaner power generation solutions. The genset, model CSG-0010L-IN, will be manufactured by Cooper Corporation… Continue reading Cooper Corporation and Sinfonia Technology Launch India’s First CPCB IV+ Certified 10 kVA LPG Genset
Car Makers Struggle as Two-Wheeler Exports Drive Growth in June: Report
The Indian automotive industry displayed a mixed performance in June 2025, with two-wheeler exports and tractor sales driving growth while passenger vehicle sales faced headwinds, according to a research report by BNP Paribas. Industry Highlights Passenger Vehicle Sales Decline: Domestic passenger vehicle (PV) wholesale volumes dropped 8% compared to the same period last year. Most… Continue reading Car Makers Struggle as Two-Wheeler Exports Drive Growth in June: Report
Renault India Launches New ‘new’R’ Retail Stores in Indore and Sagar, Madhya Pradesh
Renault India, the Indian subsidiary of the French automotive manufacturer Renault Group, has launched its updated new’R retail store format in Madhya Pradesh with the inauguration of two new outlets in Indore and Sagar. These mark the third and fourth new’R stores opened in India as part of the company’s broader “renault. rethink.” brand transformation… Continue reading Renault India Launches New ‘new’R’ Retail Stores in Indore and Sagar, Madhya Pradesh
Hyundai CRETA Accelerates to the Top Spot in June 2025 Sales Charts
Hyundai CRETA becomes India’s highest-selling passenger vehicle in June 2025 with sales of 15,786 units, marking a significant achievement as the SUV completes its tenth year in the Indian market. The mid-size SUV manufactured by Hyundai Motor India Limited secured the top position in the competitive passenger vehicle segment during June 2025. CRETA has maintained… Continue reading Hyundai CRETA Accelerates to the Top Spot in June 2025 Sales Charts