Tata Motors showcased over 40 different products, from haulage to construction related technologies and services, at the Chandigarh ‘Truck World’ recently. The highlight of the expo were the Prima range of trucks and tippers, and the Signa range of Medium and Heavy duty Commercial Vehicles (M&HCVs), which are expected to be commercially available soon in Haryana, Himachal Pradesh and Punjab.[Read More…]
CIE Automotives Indian arm, Mahindra CIE Automotive Limited (MCIE), formerly known as Mahindra Forging Limited, will acquire Bill Forge Private Limited (BFPL). MCIE board of directors resolved to acquire 100 per cent of equity shares for Rs. 13,312 million. Furthermore, MCIE Board resolved to issue 54.49 million shares to CIE Automotive SA (CIE) and BFPL shareholders, including the Haridass Family and[Read More…]
Isuzu Motors India Private Limited (IMI) and Isuzu Engineering Business Centre India Private Limited (IEBCI) have announced key management changes and appointments. Hiroshi Nakagawa has taken over as the chairman of IMI and director of IEBCI with immediate effect. Hiroyasu Miura, the erstwhile chairman of IMI will take over as the chairman and managing director of IEBCI with immediate effect.[Read More…]
Sonalika International Tractors Ltd., aiming to grow its exports by over 20 per cent in the current fiscal, is exploring 10 new export destinations including USA, Japan and Korea with its products like the 120 bhp tractor. The first set of tractors, according to Gaurav Saxena,Tractors President-International Operations, have already been shipped to USA. They would be made commercially available[Read More…]
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