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New Delhi, Wednesday, March 4, 2015

Volvo sells 4.7% stake in Eicher Motors

Swedish commercial vehicle major AB Volvo on Wednesday sold around 4.7 per cent stake in Eicher Motors Ltd. (EML) for $310 million or over Rs. 1,920 crore. “AB Volvo has today divested 12... »
More on automobile AND: company information
CHENNAI, Wednesday, March 4, 2015

Toyota to export cars through Kamarajar Port

Toyota Kirloskar Motor Ltd, (TKML) will start exporting cars from Kamarajar Port Ltd. (KPL), for which it had entered into a 10-year agreement with the latter. An agreement to this effec... »
More on automobile AND: manufacturing and engineering
CHENNAI, Monday, March 2, 2015

Car makers see improved sales in February

The passenger vehicle (PV) sales trend in February seems to indicate that the vehicle demand is on a gradual recovery path. Though auto industry has been fuming over discontinuation of excise duty... »
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