New Lumax Plant for Toyota in India
India’s Lumax are building a plant near Bangalore to provide lights for Toyota’s small car, due on the market between
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ZKW-Neolite JV starts up in India
Zizala Lichtsysteme GmbH, who supply OE lighting devices under the ZKW name, are going from strength to strength. Last year, the firm’s revenue figures exceeded €200m for the first time. This year, a joint
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20m Cars to Sell in 2015 BRIC Market
US, Europe and Japan may be saturated in terms of car ownership, but the four major emerging markets are expected to continue to exhibit strong growth.
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India’s Satyam is BMW’s New Neighbour
The Indian computer giant Satyam are intent on moving into automotive engineering. With the likes of Bosch in their sights, Satyam are now setting up their first engineering facility in Munich,
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Ford Announces Sale of Jaguar and Land Rover
Ford announced a definitive agreement to sell Jaguar and Land Rover to Tata Motors for $1.7bn in cash.
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Emerging markets to represent 50% of car sales by 2012
Emerging markets will represent 50% of all global car sales by 2012, according to George Magliano, global automotive research director.
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Tata peoples car at less than 2,000€
Tata Motors unveiled the January 9, 2008, its much-anticipated Nano car. This is a model designed to appeal to Indian families who currently get around
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Renault Nissan to create design centre in India
Renault SA and Nissan Motor Co said today they would set up a business centre in Chennai, southern India, in early 2008 to support engineering and other functions for their facilities around the world.
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Renault launches a design centre in India
Renault said today it has opened a design centre in India as it seeks a bigger presence in emerging markets.
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JV Minda Valeo in India
India’s NK Minda Group said today it had signed a joint venture agreement with Valeo Electrical Systems, a unit of French car parts maker Valeo, to set up a plant in India.
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