News Analysis - Automobile

  • BMW from Chennai by March (March 12, 2007)
    BMW India announced plans to roll out its first car (BMW 320ia) from the Chennai manufacturing hub by the end of March and also disclosed plans to manufacture the 5 series from India.<More>

  • Govt Plans to Sell Residual Maruti Interest (August 22, 2006)
    Faced with increasingly recalcitrant and belligerent opposition from communist allies to disinvestment plans, the Government is apparently proposing to sell all its residual 10.24% stake in Maruti Udyog Limited (MUL) to net Rs. 2500 crore (USD 543 million)<More>

  • Auto components Export Grows 28% April 19, 2006)
    Indian auto components exports have grown by 28% last year to USD 1.8 billion from USD 1.4 billion a year ago compared to overall auto component industry value of USD 10 billion with a growth of 15%. <More>

  • Large M&A in Automobile & IT/ITES ( February 11, 2006 )
    An ASSOCHAM (an Indian industry association) study revealed that more than 30 acquisitions (M&A) have taken place during January 2006 and a bulk of these transactions was in the automobile and IT/ITES sector. <More>

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