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After 5 years, Nissan, TN govt tax dispute finally ends

The dispute arose after Nissan alleged that Tamil Nadu hadn’t paid certain incentives under a 2008 agreement to set up a car plant at Oragadam, near Chennai. Weeks after settling the $660......

Maruti to restart production at Manesar plant on May 12

A clutch of automakers including Maruti Suzuki, Hero MotoCorp, Mercedes Benz India, Eicher Motors, TVS Motor, and Isuzu Motors India announced they had got the clearance from the governments of the......

Trade bandh: HMSI, Bajaj Auto, component makers affected

The strike, however, had no impact on production of auto majors Maruti Suzuki India, Hero MotoCorp, Honda Cars India, Mahindra & Mahindra, Tata Motors and Hyundai Motors India as their plants in......

Datsun, Sunny to drive exports for Renault-Nissan's Chennai plant

The automaker said that production at the Renault Nissan Alliance Plant, where Nissan, Renault and Datsun brands are manufactured, had gone up by 15 per cent and was expected to increase further on......

Your Apple iPhone XR is now 'Made in Chennai'

The development comes at a time when growing tension in US-China trade ties is forcing companies to explore alternative manufacturing sites in order to derisk operations. Apple, the multinational......
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After 5 years, Nissan, TN govt tax dispute finally ends

The dispute arose after Nissan alleged that Tamil Nadu hadn’t paid certain incentives under a 2008 agreement to set up a car plant at... ...

http://www.rediff.com/money/report/auto-after-5-years-nissan-tn-govt-tax-dispute-ends/20200827.htm
Lockdowns in July and August hit Royal Enfield sales by 20%

The covid-19 has already impacted Royal Enfield’s new generation product portfolio based on new platforms by 3-6 months the company confirmed. In... ...

https://economictimes.indiatimes.com/industry/auto/two-wheelers-three-wheelers/covid-19-impact-lockdowns-in-july-and-august-hit-royal-enfield-sales-by-20/articleshow/77527518.cms
Daimler India ventures into used truck biz; launches BharatBenz Exchange

RBI Policy: Increase in LTV on gold, poses risk to both for lenders and borrowers ...

https://www.thehindubusinessline.com/companies/daimler-india-ventures-into-used-truck-biz-launches-bharatbenz-exchange/article32297441.ece
Hiranandani Group's Yotta inks pact to set up 13-acre data center park in Chennai

Hiranandani Group and its subsidiaries, along with Yotta, will invest up to Rs 4,000 crore in this proposed project over 8-10 years. The proposed... ...

https://economictimes.indiatimes.com/tech/internet/hiranandani-groups-yotta-inks-pact-to-set-up-13-acre-data-center-park-in-chennai/articleshow/77061523.cms
BharatBenz Rolls Out 1000th BS6 Heavy Duty Truck Amidst COVID Crisis

Daimler India Commercial Vehicles (DICV) recently rolled out its 1000th BS6 compliant Heavy-Duty Truck (HTD) from its manufacturing facility in... ...

https://www.carandbike.com/news/bharatbenz-rolls-out-1000th-bs6-heavy-duty-truck-amidst-covid-crisis-2264464

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