In a report released by Dun & Bradstreet, the auto sector is set to maintain its momentum in 2017 across all categories. Admitting that there will be some uncertainly around GST, and because of the impact of demonetisation, growth in 2017 as far as commercial vehicles are concerned, will be driven by replacement demand, the report mentions. Stressing upon 7.7[Read More…]
Tata Motors and Castrol have entered in a three-year strategic partnership agreement for supply of commercial vehicle oils to Tata Motors globally. Both the companies are looking forward to leverage their complementary strengths. The agreement covers 50 markets including SAARC and ASEAN region, Middle East, Africa, Russia and Latin America. Castrol with its established presence in these markets, will support[Read More…]
Tata Motors has reshuffled the roles of its top executives as part of its restructuring exercise. Done with an aim to achieve a lean structure, Girish Wagh, who currently heads passenger vehicle business unit project planning and programme management, has been appointed as the head of medium and heavy commercial vehicle business. Ramki Ramakrishnan, who is vice-president of the CV[Read More…]
The union road transport and highways minister Nitin Gadkari has announced that over the next five years, the central government will invest Rs 15,000 crores to develop 1,253 kilometres of roads in Assam into National Highways. Gadkari made the announcement at the inauguration ceremony of second road bridge over Brahmaputra in Assam. He also announced that the Centre has already[Read More…]
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