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M&M stops further investments in SsangYong, to shut Genze

Shahkar Abidi & Sumantra B Barooah     calendar12 Jun 2020

The company is said to be aggressively looking for an investor and has not ruled out completely exiting from its South Korean subsidiary.

LATEST

Passenger vehicle volumes to plunge to 10-year low in FY2021: CRISIL News National
Passenger vehicle volumes to plunge to 10-year low in FY2021: CRISIL

autherAutocar Professional Bureau calendar11 Jun 2020

Ratings agency predicts domestic and export numbers to dive by 22-25% to decadal low of ~26.5 lakh units in this fisca...

Maruti Suzuki India ties up with Mahindra Finance for retail car loans News National
Maruti Suzuki India ties up with Mahindra Finance for retail car loans

autherAutocar Professional Bureau calendar09 Jun 2020

Under the tie-up, Maruti Suzuki India customers can avail wide options for getting their car financed from Mahindra Fi...

Jaguar Land Rover’s Castle Bromwich plant to stay shut until August 10 News International
Jaguar Land Rover’s Castle Bromwich plant to stay shut until August 10

By Lawrence Allan, Autocar UK calendar08 Jun 2020

Jaguar Land Rover confirms media reports that its Midlands factory will not resume production until August 10.

Toyota launches new RAV4 PHEV News International
Toyota launches new RAV4 PHEV

autherAutocar Professional Bureau calendar08 Jun 2020

TGNA platform-based crossover SUV goes from 0-100kph in 6sec, has a BEV range of 95km and a  cruising range of 1,300 k...

BMW Plant Chennai sharpens focus on sustainable manufacturing News National
BMW Plant Chennai sharpens focus on sustainable manufacturing

autherAutocar Professional Bureau calendar05 Jun 2020

Targets 100% C02-free electricity by end-2020; more than 45% savings through water conservation and rain-water harvest...

Maruti Suzuki commissions new 5 MW solar power plant in Gurgaon News National
Maruti Suzuki commissions new 5 MW solar power plant in Gurgaon

autherAutocar Professional Bureau calendar05 Jun 2020

With an investment of more than Rs 20 crore, the new solar power project will offset 5,390 tonnes of CO2 emissions ann...

Jeep reveals updated Compass News International
Jeep reveals updated Compass

By Lawrence Allan, Autocar UK calendar04 Jun 2020

New Jeep Compass gets new engine, gearbox and tech for Model Year 2020; New 1.3 turbo petrol boosts efficiency, with d...

Mercedes-Benz to use CO2-free rail transport in Germany and Austria News International
Mercedes-Benz to use CO2-free rail transport in Germany and Austria

autherAutocar Professional Bureau calendar04 Jun 2020

The rail transport translates to approximately 270 truck-loads a day that no longer require ground shipping.