Veedol Corporation Limited (formerly Tide Water Oil Company India Ltd.) has announced the official closure of its German subsidiary, Veedol Deutschland GmbH, following the completion of liquidation proceedings. The company informed both the National Stock Exchange of India and BSE Limited that the liquidation has been formally entered in the German commercial register, marking the… Continue reading Veedol Corporation Completes Closure of German Subsidiary
Category: US Motoring Press
C.E. Info Systems Completes Acquisition of Stake in Iwayplus Private Limited
C.E. Info Systems Limited, the parent company of MapMyIndia, has completed its acquisition of a stake in Iwayplus Private Limited, according to a regulatory filing submitted to the BSE and National Stock Exchange today. The company acquired 3,500 compulsorily convertible preference shares (CCPS) in Iwayplus Private Limited for a total consideration of approximately ₹2 crore.… Continue reading C.E. Info Systems Completes Acquisition of Stake in Iwayplus Private Limited
Atul Auto to Acquire E3W Business from Subsidiary in Strategic Consolidation Move
Rajkot-based Atul Auto Limited announced on January 15, 2026, that its Board of Directors has approved the acquisition of the L5 Electric Three-Wheeler Vehicle Business from Atul Greentech Private Limited (AGPL), a subsidiary company in which Atul Auto holds a 79.39% stake. The transaction, valued at Rs 3,526 lakh (approximately Rs 35.26 crore), will be… Continue reading Atul Auto to Acquire E3W Business from Subsidiary in Strategic Consolidation Move
Kia India Introduces Feature-Rich HTE(EX) Trim for Carens Clavis ICE Lineup
Kia India has announced the launch of a new HTE(EX) trim for its Carens Clavis ICE lineup, marking a significant expansion of the model’s variant offerings. The new trim is available across all petrol and diesel powertrains in a 7-seater configuration. The HTE(EX) variant is priced at Rs. 12,54,900 (ex-showroom) for the G1.5 petrol, Rs.… Continue reading Kia India Introduces Feature-Rich HTE(EX) Trim for Carens Clavis ICE Lineup
Video: Has India’s Auto Components Industry Trumped The Tariff Equation?
India’s auto component industry has begun FY26 on a stable footing, supported by steady domestic vehicle demand and a resilient aftermarket, even as global trade uncertainties and tariff pressures continue to weigh on exports. In a conversation with Autocar Professional, Vikrampati Singhania, President of the Automotive Component Manufacturers Association of India (ACMA) and Managing Director… Continue reading Video: Has India’s Auto Components Industry Trumped The Tariff Equation?
Video: What Drove BMW India’s Strongest Sales Performance Yet
BMW India CEO Hardeep Singh Brar discusses the luxury automaker’s record-breaking 2025 performance, electrification strategy, expansion plans, and navigating global market challenges ahead. BMW India recorded its best-ever sales performance in 2025, delivering 18,001 vehicles and growing 14% year-on-year. In this conversation with Prerna Lidhoo, Hardeep Singh Brar, President & CEO, BMW Group India, breaks… Continue reading Video: What Drove BMW India’s Strongest Sales Performance Yet
SIAM Conducts Road Safety Workshops for Commercial and Three-Wheeler Drivers in Delhi
The Society of Indian Automobile Manufacturers (SIAM) conducted road safety refresher workshops for commercial vehicle and three-wheeler drivers in New Delhi during National Road Safety Month, which runs from January 1 to 31 annually. The workshops were organized under SIAM’s ‘सुरक्षित सफर (Safe Journey)’ initiative, in collaboration with Delhi Traffic Police and Maruti Suzuki India… Continue reading SIAM Conducts Road Safety Workshops for Commercial and Three-Wheeler Drivers in Delhi
NBC Bearings Partners with Ahamani EV Technology to Boost India’s Drone Industry
National Engineering Industries Ltd. (NBC Bearings), the flagship engineering company of the CKA Birla Group, has entered into a strategic partnership with Ahamani EV Technology India Pvt. Ltd., marking a significant development in India’s emerging drone technology sector. The collaboration, announced on January 15, 2026, involves NBC Bearings acquiring a 30% equity stake in Ahamani… Continue reading NBC Bearings Partners with Ahamani EV Technology to Boost India’s Drone Industry
Neue Klasse BMW 4 Series to offer petrol, EV and hot M4
BMW is working on a new 4 Series to serve as a more style-focused and dynamic alternative to the bold Neue Klasse 3 Series – and it’s set once again to spawn a potent M4 coupé. The 4 Series was launched in 2013 as a more rakish take on the stalwart 3 Series, with the… Continue reading Neue Klasse BMW 4 Series to offer petrol, EV and hot M4
Honda Scooter Share Falls to 38%, TVS’ Rises to 29% in Record-Setting CY2025
CY2025 turned out to be the year of scooters when it comes to the Indian two-wheeler industry. At a record 7.5 million units (75,23,678 units, up 13% YoY), annual scooter sales rode past the seven-million milestone for the first time and also helped the overall 2W industry achieve the 20-million-units milestone after seven years. The… Continue reading Honda Scooter Share Falls to 38%, TVS’ Rises to 29% in Record-Setting CY2025