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SAIC MOTOR
JSW MG Motor appoints Parth Jindal as ChairmanParth Jindal has been appointed Chairman of JSW MG Motor India, effective immediately. The company plans significant investments to expand ...- Parth Jindal named chairman of JSW MG Motor IndiaJSW MG Motor India has appointed Parth Jindal as its new chairman. Jindal has been a board member since the joint venture's formation. He i...
- JSW MG seeks PHEV tax incentives, targets 70% localisation by 2027JSW MG Motor India is pushing for lower taxes on plug-in hybrid electric vehicles. The company targets 70% localization for its Windsor and...
- JSW MG Motor India plans Rs 6,000 cr investment for capacity expansion, operationsJSW MG Motor India will invest Rs 6,000 crore for plant expansion and operations. The Halol plant capacity will double to 2.20 lakh units b...
- Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
- JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
- Volkswagen eyes JSW lifeline in India as group weighs majority stakeVolkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a strong...
- JSW MG Motor India to invest Rs 1,400 crore in Halol plant, launch four new vehicles this fiscalJSW MG Motor India is investing Rs 1400 crore to increase production capacity significantly. The company plans to introduce four new vehicl...
- Vivo-Dixon deal approval reveals India's new China playbookThe landscape of Chinese investments in India is transforming as the nation moves past earlier restrictions. The establishment of the Vivo-...
- Global Market: Momenta Global debuts nearly flat in Hong Kong after $751 million IPOMomenta Global shares debuted on the Hong Kong Stock Exchange with a muted reception. The autonomous-driving software developer raised HK$5...
- KKR in talks with JSW to drive in MG Motors JV with $400 mn investmentA combination of primary infusion and secondary share sale is planned as valuation doubles to $3 billion in 3 years. Sajjan Jindal led grou...
- China's Momenta kicks off Hong Kong IPO, targets up to $751 millionThe IPO comes as Chinese technology firms are returning to public markets, helped by investor demand for companies tied to AI, chips and au...
- In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
- India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...
- China's SAIC to sell another 10% stake in Indian car venture to local partner JSW - sourcesChina's SAIC Motor is selling an additional 10% stake in its Indian car venture, JSW MG Motor, to local partner JSW Group. This move will e...
- China's SAIC to cut stake in India car venture with JSW amid investment curbs, sources saySAIC Motor plans to reduce its stake in its Indian joint venture, JSW MG Motor, and halt further investments. Despite efforts to improve re...
- China's SAIC Motor files defence to EU's preliminary EV anti-subsidy rulingSAIC Motor defended itself against the EU's ruling, stating the EV probe involved commercially sensitive information beyond the normal scop...
- JSW, SAIC ink JV to run MG Motor operations in India"Our strategic collaboration with SAIC Motor aims to grow and transform the MG Motor operations in India with a focus on green mobility sol...
- General Motors India-SAIC deal gets Competition Commission's nodThe Chinese company, which has been planning to enter the Indian market, has proposed to buy certain assets of GM's India's Halol plant in ...
- China's SAIC buys stake in General MotorsGeneral Motors on Thursday confirmed China's leading automaker SAIC Motor Corp had agreed to buy a stake in the US auto giant, as it prepar...
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