Auto Sector

Tata Motors arm signs pact, to acquire controlling stake in Spanish firm

Telco Construction Equipment Company (Telcon), a leader in the construction equipment sector in India, has signed an agreement to acquire controlling stake with 60% equity of Comoplesa Lebrero SA o

Ultra Motor breaks partnership with Hero Group

UK-based Ultra Motor Company has pulled out of a technical collaboration with the Hero Group for which they had together formed a joint venture company, Hero Ultra Pvt. Ltd.

Daimler reports record first-quarter car sales

Stuttgart - Germany's Daimler AG reported record car sales for the first quarter of 2008 despite rising oil prices that have made driving more expensive.

Mahindra & Mahindra, ICICI Venture inks pact, to acquire 100% stake in Metalcastello S.p.A

Maruti To Invest Rs 2500 Cr; Rolls Out “Swift DZiRE” In India

Finally, Maruti Suzuki has rolled out its much awaited “Swift DZire” in the Maruti Rolls Out “Swift DZire” In India

Steel Strips Wheels bags order worth Rs 110 crore from French auto major Renault SA