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GNA Axles lines up IPO, plans to set up new plant

autherAutocar Professional Bureau     calendar28 Sep 2015

The breakdown for the issue is 61,00,000 equity shares for the public along with a reservation of 2,00,000 shares for subscription by eligible employees, with a face value of Rs 10 per share.

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Electrotherm concludes world’s first e-scooter ride at Khardungla in Ladakh

autherAutocar Professional Bureau calendar28 Sep 2015

The electric scooters, introduced at the 2015 Ladakh Marathon, will primarily be used to create awareness and educate ...

ZF Hero’s new plant in Chennai to assemble chassis modules for BMW

autherAutocar Professional Bureau calendar25 Sep 2015

ZF Hero Chassis Systems, the 50:50 joint venture of ZF India and Hero Motors, today inaugurated a new plant in Oragada...

Bajaj Auto gears up to export Qute quadricycle

autherAutocar Professional Bureau calendar25 Sep 2015

While India awaits the Supreme Court verdict, the eco-friendly, next gen Quadricycle makes its way to countries across...

Mercedes-Benz launches Mercedes-Maybach in India

By Nishant Parekh, Autocar India calendar25 Sep 2015

Mercedes has re-introduced its Maybach premium luxury brand in India with two models, the Mercedes-Maybach S500 and th...

Rajan Wadhera appointed ARAI president, Vikram Kirloskar the new vice-president

autherAutocar Professional Bureau calendar25 Sep 2015

Rajan Wadhera takes charge as ARAI president from Vinod Dasari, managing director, Ashok Leyland, who was the erstwhil...

Renault India plays the low cost card – launches Kwid at Rs 257,000

autherShourya Harwani calendar24 Sep 2015

The company today unveiled the car in New Delhi but what took everyone by surprise was its staggeringly low price of R...

Hyundai Motor India opens dealership in Leh

autherAutocar Professional Bureau calendar24 Sep 2015

Hyundai Motor India has opened its highest premium dealership, ‘Togo Hyundai,’ built at an altitude of 11,184 feet abo...

FADA pitches for auto clusters in cities

autherAutocar Professional Bureau calendar24 Sep 2015

The Federation of Automobile Dealers Associations (FADA), the apex body of automobile dealers in India, has made a str...

Motherson Sumi denies any impact from VW dieselgate

autherShobha Mathur calendar23 Sep 2015

G N Gauba, CFO, Motherson Sumi Systems, told Autocar Professional today that MSSL is not impacted because it is not su...