Watch LIVE – Launch of Mahindra’s new SUV — TUV300 now

Mahindra is all set to unveil the TUV300 — the company’s competitor to the newly unveiled SUVs from Maruti Suzuki — S-Cross, Fiat Avventura and Hyundai Creta. Click below to watch the launch of TUV300 live at 11 AM today. https://www.youtube.com/watch?v=zo9-qoXYKEQ&feature=youtu.be The vehicle has been called the most refined car produced by Mahindra & Mahindra […]

Yamaha opens new Rs 1,500-cr manufacturing facility near Chennai

India Yamaha Motor Pvt. Ltd. (IYM), the leading two wheeler manufacturer, today inaugurated its third manufacturing facility at the industrial park in Vallam Vadagal situated at the outskirts of Chennai, Tamil Nadu. The new factory will be the first in the Yamaha Motor group to have a vendor park in its vicinity. Spread across 177 […]

Royal Enfield expands to North America, to set up showrooms across US

Royal Enfield, maker of the iconic Bullet bikes in India, said it has set up its first operating direct distribution subsidiary outside India, in North America. Setting up a direct distribution company in Milwaukee, Wisconsin is expected to boost sales of Enfield models in the US and Canada. It will also launch a fully-branded retail […]

Motherson Sumi Q1 revenue up 12%

Motherson Sumi Systems Limited (MSSL) said first-quarter revenue rose 12% to Rs 9,252 Cr and net profit rose 62% to Rs 266 Cr from a year ago. The company’s subsidiary SMP has been nominated in the Volkswagen Group Procurement Strategic Partners for Future Automotive Supply Tracks, it said. Its unit SMRPBV reported revenue growth of […]