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BMW Group India announces special service for doctors fighting COVID-19 battle on the frontline
BMW Group India has announced a special aftersales service initiative exclusively for doctors who own a BMW or MINI car or a BMW Motorrad bike and have been selflessly working round the clock to fight the unprecedented COVID-19 pandemic. As a gesture of appreciation, BMW Group India along with its dealer partners will offer complementary engine oil service at its dealership service centres across the country. Mr. Arlindo Teixeira, acting President, BMW Group India, said, “Earlier thi...
JK TYRE develops and produces 'Total Control Hand Sanitizer' to fight the pandemic
Indian tyre industry major and the pioneer of radial tyre technology in the country, JK Tyre & Industries Ltd., has taken yet another step towards its commitment to the nation by producing the hand sanitizers under the brand – ‘Total Control Hand Sanitizers’. Dr. Raghupati Singhania, Chairman & Managing Director, JK Tyre & Industries Ltd said, “The JK Tyre Total Control Hand Sanitizer is our latest contribution towards ongoing r...
M&M backs out of further investment in SYMC
Pawan Goenka, the Managing Director of Mahindra & Mahindra (M&M), told analysts in February this year that if M&M was going to invest more money into South Korean subsidiary SsangYong Motor Company (SYMC), it would first be reasonably certain that the three-year plan chalked out for SYMC would work out and breakeven achieved by 2022. Goenka was referring to the proposed investment of nearly Rs 3000 crore in SYMC, which was yet to come up for consideration of the board of directors...
Chinese investments in India to come under scanner: Sources
Investments from China in the automobile sector are expected to come under the scrutiny of the Indian government, according to reliable sources in the industry. This is in light of the current political situation between India and China, following which the Maharashtra government announced that it has put on hold the Memorandum of Understanding (MoU) with Chinese auto makers Great Wall Motors (GWM) and PMI Electro Mobility Solutions (joint venture with Foton). When contacted, GWM India did...
