Nissan Motor Company is known to have issued a termination of licence notice to Nissan Ashok Leyland Technologies, one of its three joint venture companies with Ashok Leyland. Both, Nissan and Ashok Leyland, hold a 50:50 stake in the joint venture. The other joint venture, Ashok Leyland Nissan Vehicles, involves the manufacture of light commercial vehicles. Ashok Leyland has a[Read More…]
Long heavy vehicles, as part of the European Modular System may find more takers. Story by: Bhushan Mhapralkar The European Parliament and the Council of the European Union (EU) brought out a directive (EU) 2015/719 amending the Council Directive 96/53/EC laying down for certain road vehicles circulating within the community. The maximum authorised dimensions in national and international traffic and[Read More…]
GS Auto is looking at investing Rs. 150 crore in lubricant and additive business. Story by: Deepanshu Taumar and Anusha B Ludhiana-based GS Auto International plans to invest Rs. 150 to Rs. 200 crore in the next three years to diversify into the lubes and additive business. The company plans to setup its special division for lubricants and additives serving[Read More…]
Jaya Hind Montupet, has inaugurated its Dewas facility to manufacture gravity die-cast aluminium components for automobiles. Story by: Bhushan Mhapralkar Jaya Hind Industries and Montupet SA joint venture has commissioned its second gravitational die-cast facility at Dewas in Madhya Pradesh. Built in a short span of one year with an investment of Rs 200 crore, the plant was inaugurated[Read More…]
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