We need to talk about Jaguar Land Rover. That’s the message from Sanford C. Bernstein analysts, who say BMW AG should buy the British luxury brand from India’s Tata Motors Ltd. “BMW is overcapitalised and awash with...
Tata Motors partners location tech provider what3words for navigation services
Tata Motors on Tuesday said it has tied up with location technology provider what3words for navigation services in its cars. The partnership will enable drivers to enter a three-word address by voice or text input and...
Hero Cycles ties up with Yamaha Motor to launch Lectro e-cycle series
Hero Cycles on Tuesday said it has partnered with Japan’s Yamaha Motor Co to launch Lectro e-cycle series. Priced at Rs 1.30 lakh, Lectro EHX20 is a high performance e-cycle powered by Yamaha, the company said. The...
CNH Industrial considers spin-off of Iveco truck unit: source
Italian-American industrial vehicles maker CNH Industrial is considering a possible spin-off of its truck unit Iveco as part of a wider reorganization plan, a source with knowledge of the matter said on Thursday. The...
Toyota pulls Suzuki firmly into its orbit through stake deal
Toyota Motor Corp and Suzuki Motor Corp will take small equity stakes in each other, the Japanese car makers said on Wednesday, as they seek to develop newer technologies and meet sweeping changes upending the global...
Pawan Munjal to plug into Ola Electric
Pawan Munjal might be the next big investor after Ratan Tata to invest in Ola Electric. Billionaire Pawan Munjal, chairman of Hero MotoCorp Ltd—India’s largest two-wheeler maker by sales—is in advanced talks to invest...
Volkswagen not interested in buying Tesla stake
Volkswagen said on Thursday it was not interested in taking a stake in Tesla, denying a media report that CEO Herbert Diess wanted to buy shares in the U.S. company to access its software and batteries technology. “The...
Mohamed Yousuf Naghi Motors acquires Ford and Lincoln dealership in Saudi Arabia
Saudi automotive company Mohamed Yousuf Naghi Motors has acquired the Ford Motor and Lincoln distributorship from Al Jazirah Vehicles Agencies Co in the western and southern regions of Saudi Arabia, the law firm...
Great Wall warns BMW joint venture faces uncertainties
China’s Great Wall Motor on Wednesday said that its joint venture with BMW faced regulatory uncertainties as both companies pledged to proceed with plans for developing a low-cost electric car. The regulatory questions...
Tata Motors announces partnership with Tata Power to set up public EV charging infrastructure
To address the concern of a lack of public charging infrastructure for electric vehicles, Tata Motors announced a partnership with another group company Tata Power to set up public charging stations at key locations in...
JLR eyes strategic, tactical partnerships to lessen capex burden
Jaguar Land Rover is eyeing strategic and tactical partnerships to share the capital investments in technology, future models and in areas of shared mobility, said N Chandrasekaran, chairman of the British luxury...
Toyota Motor to invest $600 million in joint venture with China’s Didi
Toyota Motor Corp said on Thursday it will invest $600 million in Chinese ride-hailing giant Didi Chuxing and a new joint venture to expand collaboration with the firm in China. The move accelerates a trend in China...
