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SAIC MOTOR CORPORATION
What Sajjan Jindal's ride on MG Motor meansWhile India's steel magnate Jindal's entry into the auto sector will boost competition, MG Motor will have more money to fund its expansion...
Corporate affairs ministry may widen probe into the books of MG Motor IndiaThe Ministry of Corporate Affairs (MCA) is considering expanding its investigation into MG Motor India's financial records, following Regis...
Sajjan Jindal, SAIC set to drive MG Motor in India, finalises terms of agreementSajjan Jindal's private company to take up to 35% stake initially with option to go up to 49% and then 51% post IPO; Chinese ownership to f...
Sajjan Jindal likely to acquire up to 48% in MG Motor India, make it an Indian companyAccording to the broad contours agreed upon so far, Jindal is likely to own 45-48% of MG Motor India, with dealers and Indian employees own...
Border woes effect? China-owned MG Motor likely to dilute shareholding in India, reports sayMG Motor is likely to dilute its shareholding in its fully-owned business in India as it aims to tap the capital market or raise funds thro...
MG Motor India's books under scanner as probe on Chinese executives intensifiesMG Motor India, in a statement to ET said it was a law-abiding, professionally managed company that adhered to the highest standards of com...
MG Motor plans to raise funds in big India pushThe valuation of Tata Motors' electric business for TPG's investment has been set as a benchmark for the fundraising for MG Motor's Indian ...
MG Motor India plans to raise $500 m locally in capex pushThe maker of the Hector and Astor SUVs is seeking to tap the local market because of a delay in getting government approval for new investm...
Tesla Motors will route its India investment through Dutch armTesla Motors Amsterdam is the parent company for Tesla Motors and Energy India, indicating that the Elon Musk-led electric car maker has us...
Huawei, Alibaba, Tencent among 7 Chinese firms in India with PLA links, claims governmentThe development comes after New Delhi banned 59 Chinese apps in the country. Xinxing Cathay International Group has set up a manufacturing ...
MG Motor India unveils Hector Plus at Auto Expo; will go on sale later this yearThe new car comes with revamped interiors and exteriors.
China’s Great Wall may drive Rs. 7,000 cr investment into IndiaChina’s largest SUV maker, Great Wall Motors, has registered an Indian subsidiary with plans of investment.
We are here to disrupt the Indian auto market: Rajeev Chaba, President & MD, MG MotorA subsidiary of the $128-bn Chinese giant, the firm is busy plotting an aggressive growth path in India.
Chinese automaker SAIC may invest $350m, its subsidiary to launch 4 vehiclesMG Motor India plans to launch four vehicles in the country over the next two years. The final decision regarding the second unit will be t...
MG Motor India shortlists 12 startups in auto-tech spaceAs part of its 'MG Innovation Grand Challenge' programme, MG Motor India said it had received 71 applications from across the country.
Kia Motors, SAIC and PSA Group plan to bring in their sports utility vehicles to India next yearSales of utility vehicles have nearly doubled in the Indian market in the past five years, and automakers expect the segment to expand 14-1...
Chinese truck maker BeiBen eyes Indian market; to introduce it's vast array of vehicles soonGovernment’s renewed focus on infrastructure and promise to undertake fresh measures to revive the economy have rekindled optimism in the s...
- GM first foreign carmaker to sell two million units in China
General Motors said on Thursday it had become the first international carmaker to sell two million vehicles in a year in China, now the wor...
GM on overdrive, to hire 500 techies for Bangalore unitThis will take GM's headcount at its technical centre to 2,100.
- GM aims to cross 1-lakh unit sale in 2010;to have 300 dealers
GM India today set a target of crossing the one-lakh-mark sales figure this year and said that it would expand the dealerships to 300.