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AUTOMAKER PLANT CONSOLIDATION
Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...- Stocks in news: Wipro, Angel One, HDB Financial, Clean Max Enviro, M&MIn today's trade, shares of Wipro, Angel One, HDB Financial, Clean Max Enviro, M&M among others will be in focus due to various news develo...
- Nissan agrees sale of South Africa plant to China’s CheryNissan is selling its South African manufacturing plant in Rosslyn to Chery Automobile. The deal is expected to be finalized by mid-2026, p...
- Nissan mulls shutting two plants in Japan, overseas: SourcesNissan is reportedly planning to shut down two car assembly plants in Japan and considering closing two factories in Mexico as part of a re...
- Japanese automaker Nissan says it plans job and production cuts in the USNissan is reducing production at its U.S. plants and offering buyouts to workers as part of its plan to cut 9,000 jobs globally. This move ...
- Mahindra looks to scale up auto biz globally; eyes more markets with new modelsMahindra & Mahindra plans to expand its global automotive presence in phases. Initially leveraging existing markets like South Africa and A...
- India could define future strategy as Honda, Nissan explore merger dealBoth companies face challenges here, including low market shares and complex alliances. Nissan's partnership with Renault and its joint man...
- BMW to invest a further $2.76 billion in key market ChinaThe sum, which brings total investment in the plant up to some 105 billion yuan, will allow for production of the Neue Klasse EV-only line,...
- Renault Nissan Automotive progresses towards Carbon Neutrality visionAutomobile manufacturer Renault Nissan Automotive India Pvt Ltd was progressing towards its Carbon Neutrality goal which was launched in Fe...
- Maruti Suzuki may expand Manesar plant capacity by one lakh units by April 2024Currently, MSI has a cumulative production capacity of 15 lakh units per annum at both Manesar and Gurugram plants. It additionally has acc...
- Suzuki Motor Corporation gearing up to commence production at 3rd plant in Gujarat from AprilIn a regulatory filing, Maruti Suzuki India said Suzuki Motor Gujarat Pvt Ltd (SMG), a wholly-owned subsidiary of SMC, has completed constr...
- Covid-19 Impact: Auto stocks lose wheels as virus disrupts suppliesThe Nifty Auto index has fallen 26.9 per cent this year to date.
- Maruti Suzuki flat ahead of Q1 results; here's what to expectMaruti Suzuki was trading flat in trade but with a positive bias on Tuesday ahead of its results for the quarter ended June 30.
- Maruti Suzuki in green ahead of Q4 results; what to expectMaruti is expected to report 41% YoY growth in its consolidated net profit number to Rs 1125 crores for the quarter ended March 31.
- Ford rolls out new Explorer with marketing bangFord Motor Co on Monday rolled out a redesigned version of its Explorer SUV with its flashiest launch since it began a restructuring five y...
- Fiat lays off 48,000 for a month during ChristmasFiat Group SpA has for the first time shut down most of its Italian plants for a month, laying off nearly 50,000 workers for an extended ho...
- Failure of auto industry could set off catastropheIndustry supporters are offering such grim predictions as Congress weighs whether to bail out the nation's largest automakers, which are st...
- US automakers hope Obama will bring financial aidDetroit automakers and their allies in Congress said on Wednesday Barack Obama's victory could help US automakers line up federal funding n...
- Auto union chief would oppose GM-Chrysler mergerUnited Auto Workers President Ron Gettelfinger said Tuesday he would oppose a merger between General Motors Corp. and Chrysler LLC because ...
- China's Nanjing Auto merges with SAICShanghai Automotive Industry, China's largest automaker, has agreed to buy Nanjing Automobile Group's auto-assembly and component-making bu...
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