News of Automobiles in Gujarat

ASHOK LEYLAND to observe NON-WORKING DAYS across its 5 plants

CHENNAI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Ashok Leyland Ltd gave a detailed schedule for the non-working days for its plants situated across five (5) locations. The filing read that, we (company) writes to inform you (the stock exchange) that the following are the

L&T TECHNOLOGY bags new electrification project from EUROPEAN Auto OEM

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered technology arm of Larsen & Troubro Group – L&T Technology Services Ltd said of having bagged electrification project from European Automobiles Original Equipment Manufacturer (OEM). Press-communication as addressed to the Indian Bourses titled – “L&T Technology Services

MARUTI SUZUKI recalls 40,618 WagonR Vehicles, to rectify safety defects

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, New Delhi headquartered Indian Automobiles Major MARUTI SUZUKI INDIA LTD said of having undertaken a recall campaign of 40,618 WagonR (1 Litre) vehicles manufactured between 15/11/2018 – 12/08/2019, primely with an intent to rectify potential safety

TVS offers labour discounts for vehicle repairs, in flood-affected areas

CHENNAI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-communication submitted to the Indian Stock Exchanges, Chennai headquartered Indian Automobiles Major – TVS Motor Company Ltd said of having participated to support flood-affected states across India, as a gesture of its corporate social responsibility initiative. Apart from the financial aid announced towards relief and

Maruti Suzuki’s XL6 launched, priced @ Rs.1 mln (Ex-Showroom Delhi)

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-communications submitted to the Indian Stock Exchanges, New Delhi headquartered Indian Auto Major, Maruti Suzuki India Ltd said of having launched new Multi-Purpose Vehicle (MPV) XL6, of which the base-model is priced @ 1 million (~9,79,689) rupees for Ex-Showroom Delhi. The press release as

Royal Enfield denies media reports, assures readiness for BS VI rollout

GURUGRAM | NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Indian Auto Major Eicher Motors Ltd denied media reports on its preparations for BS VI roll-out plans and said of the company being fully prepared to meet the BS VI implementation timelines. The company

Maruti Suzuki goes greener with range of BS6 compliant vehicles

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, New Delhi headquartered Indian Auto Major Maruti Suzuki India Ltd said of going greener with environment friendly BS6 compliant vehicles. The press-release submitted by the company to the Indian Bourses – titled, “Maruti Suzuki goes greener

M&M Financial Services acquired 58.20% stake in Sri Lankan Finance Company

COLOMBO (SRI LANKA) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Mumbai headquartered Indian Auto Major Mahindra & Mahindra Financial Services Ltd said of having acquired 58.20% stake of a finance company in Sri Lanka. The filing submitted by the company to the Indian Bourses and

TVS Srichakra launches TVS Eurogrip brand aimed at millennial customers

MADURAI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Madurai (Tamilnadu) headquartered TVS Srichakra Ltd said of launching TVS Eurogrip brand tyres aimed to meet requirements of millennial customers. The statement submitted to the Indian Bourses read that, today at 11.30 AM the company will to announce

Maruti Suzuki offers 5yrs, 1-lakh kms warranty on selected diesel-powered cars

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-communications submitted to the Indian Stock Exchanges, New Delhi headquartered Indian Automobiles Major Maruti Suzuki India Ltd said of offering 5-years, 1 lakh (100,000) kilometers warranty for a delightful car owning experience, with no extra cost and the scheme is applicable for new diesel-powered

Hero MotoCorp denies media reports on fundraising for a startup

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, New Delhi headquartered Indian Automobiles major Hero MotoCorp denied the media reports of any fund-raising done by the company, for e-mobility startup Blue Smart Mobility. The company statement submitted to the Indian Bourses read that, we

Mahindra kicks-off its 1st automotive assembly plant in Sri Lanka

COLOMBO (SRI LANKA) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory submission to the Indian Stock Exchanges, Mumbai headquartered auto-major Mahindra & Mahindra Ltd said of having inaugurated its first automotive assembly plant in Sri Lanka, with an intent to expand its global footprints. The press-statement submitted by the company to the Indian

TVS Motor SGP inks pact to invest $32.2 mln in US based AI software firm

SINGAPORE | CINCINNATI (US) | CHENNAI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory submission to the Indian Stock Exchanges over a weekend on Saturday, Chennai headquartered Indian Auto Major TVS Motor Company Ltd said of having inked a pact to invest USD $32.2 million (~225.4 Crore INR ~2.25 Billon INR) in a

Hero MotoCorp surpasses gender diversity journey, with 1k women employees

NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-communication submitted to the Indian Stock Exchanges, Indian Automobile Major Hero MotoCorp Ltd said of having surpassed gender diversity journey achieving significant milestone with 1,000 women employees. The press release titled “‘DIVERSITY’ JOURNEY AT HERO MOTOCORP SURPASSES SIGNIFICANT MILESTONE WITH 1000WOMEN EMPLOYEES” as submitted

Precision Camshaft’s Netherlands subsidiary bags new order from Germany

SOLAPUR | MUMBAI | AHMEDABAD-GANDHINAGAR-RAJKOT – In a press-statement submitted to the Indian Stock Exchanges, Solapur headquartered Precision Camshafts Ltd said of the company’s Netherlands based subsidiary having bagged order for supply of machined balancer shaft assemblies from Linamar Antriebstechnik GmbH, Germany, over the life of the program. The press-statement submitted by the company, to

Precision Camshafts bags order to supply 1 mln crankshafts from GM (Brazil)

SOLAPUR | MUMBAI | AHMEDABAD-GANDHINAGAR-RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Solapur headquartered Precision Camshafts Ltd said of having bagged contract to supply 1 million camshafts to General Motors, Brazil. The press-statement submitted by the company to the Indian Bourses titled, “Precision Camshafts Limited awarded with contract of 1 Million