To scale up its presence in India, Swedish truck manufacturer Scania is planning to set up an assembly unit in Bengaluru.The company, which has been selling mining trucks in collaboration with......
Although passenger car sales increased in April, chances are that the current quarter and the financial year will stay behind the figures of the last financial year. While new entrants such as BMW,......
US-based Cummins Inc, a global diesel engine major, expects to source close to $500 million (about Rs 22.95 billion) worth of engines and auto components from India by 2010, according to Ravi......
Germany's Daimler AG, known for its luxury cars and high-end commercial vehicles, has pulled out of the race to acquire a strategic stake in the Delhi-based commercial vehicles maker Eicher Motors.......
After buying out three global companies in less than 21 months, Bharat Forge, the world's second largest forging company, has struck another deal. The company on Wednesday announced it had acquired......