NEWS

ASHOK LEYLAND ALLOCATED FRESH FUND OF RS 400 CRORE ON PRODUCT DEVELOPMENT FOR LCVS.

NEW DELHI: Ashok Leyland will invest Rs 400 crore to develop new light commercial vehicles (LCVs) within the next two years and plans to triple its sales in the segment by 2019-20.

The company, which had last year parted ways with   

DAIMLER INDIA COMMERCIAL VEHICLES SAYS SELLING BS-III VEHICLES SHOULD NOT BE ALLOWED AFTER APRIL 1, 2017

NEW DELHI: Daimler India Commercial Vehicles (DICV) has said BS-III vehicles should not be allowed to sell in the country after April 1, the deadline for switch to BS4 norms, as it is already scaling down such vehicles.

DICV Managing   

SAUDI TRANSPORT GROUP AL KHALDI FROM DAMMAN (KINGDOM OF SAUDI-ARABIA) PLACED AN ORDER FOR 540 TRUCKS WITH MERCEDES-BENZ

Dubai: Mercedes-Benz in a statement confirmed that Saudi transport group Al Khaldi from Damman (Kingdom of Saudi-Arabia) have signed up for medium and heavy duty trucks and has placed a purchase order for 540 units. With this deal the Al Khaldi   

MOTHERSON SUMI ACQUIRES FINNISH PKC GROUP FOR RS. 4150 CRORE

NEW DELHI: Motherson Sumi Systems (MSSL), completed acquisition of Finnish wiring harness maker PKC Group for €571 million (about Rs 4,150 crore), may foray into the domestic railways sector going ahead.

Pankaj Mital, chief   

MICHELIN PILOT SPORT CUP 2 TIRES FOR THE NEW PORSCHE 911 GT3

New Delhi: At the launch of the latest version of the Porsche 911 GT3, eight out of ten cars rolling off the production line will be fitted with specially developed MICHELIN Pilot Sport Cup 2 N1 ultra-high-performance tires, in 245/35 ZR20 front   

TRUCKERS MAY GO ON COUNTRYWIDE INDEFINITE STRIKE FROM APRIL 1

New Delhi: Protesting against the sharp increase in third party insurance premium and government charges, Truckers on Sunday threatened to remain off the road across India indefinitely from April 1

The strike has been called by the All   

LIQUI MOLY DRAW HUGE VISITORS AT ACMA AUTOMECHANIKA NEW DELHI

New Delhi: ACMA Automechanika New Delhi, India’s leading automotive aftermarket fair held from 21 – 24 March 2017 at the Pragati Maidan in New Delhi.  Organised by ACMA (Automotive Component Manufacturers Association of India)   

500 EXHIBITORS FROM 17 COUNTRIES PARTICIPATED IN ACMA AUTOMECHANIKA NEW DELHI

New Delhi: ACMA Automechanika New Delhi, India’s leading automotive aftermarket fair held from 21 – 24 March 2017 at the Pragati Maidan in New Delhi.  Organised by ACMA (Automotive Component Manufacturers Association of India)   

TRUCK AGGREGATOR BLACKBUCK RAISES $70M LED BY SANDS CAPITAL

New Delhi: BlackBuck, Truck aggregator, market place for shippers and truck owners is a logistics startup, has raised Series C funding of $70 million in a round led by Sands Capital. Among existing investors, Accel and Flipkart participated in   

50% GROWTH IN SALES, PUT ASHOK LEYLAND ON EXPANSION MODE IN JHARKHAND

New Delhi: Ashok Leyland a leading commercial vehicle manufacturer has announced its plan to expand its presence in the state fuelled by its impressive growth in the past one year.

Anuj Kathuria, president Global Trucks, Ashok Leyland   

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