Tag: deal
Mahindra and Ford have announced that they will be sharing each other’s powertrains. This deal will also include developing connected car solutions which will be used jointly by Mahindra and Ford. It comes in a bid to strengthen their strategic alliance and also for mobility for the future. Mahindra and Ford revealed that they will be working together …
Shanghai Automotive Industry Corporation, commonly called SAIC, has formally announced that it will enter the Indian market in 2019. SAIC, which is China’s largest carmaker at present, was seriously looking to enter the Indian market for a couple of years now. It is also likely that the company will commence it’s India operations with its popular MG brand. …
Apple are seriously interested in purchasing Electric car maker Tesla with a big deal which is worth $250 billion. The American multinational technology company, being one of the seven companies who are interested in purchasing the brand. They are rumoured to be the front-runners in this mega deal. The company, which has bought many high-profile American multinational companies …
French automaker, Peugeot has announced the acquisition of India’s iconic car brand name Ambassador and trademark from Hindustan Motors in a deal worth Rs. 80 Crores. Interestingly in 2006 a TV Commercial (below video) was released where it showed a man remodeling the Ambassador to make it resemble a Peugeot 206. Talking about the deal, it is still …
The world’s largest two-wheeler manufacturer, Hero MotoCorp Ltd (HMCL) today announced yet another global partnership with renowned Italian two-wheeler design firm Engines Engineering. The latter is well-known in Indian circles, having being associated with Mahindra 2 wheelers for development of their first motorcycle, the Stallio. Mahindra which had a stake in the company recently sold it. Engines Engineering …
Aston Martin Rapide a four door sports saloon, was introduced in early 2010 was unveiled at the 63rd Frankfurt Motor Show. Aston Martin Rapide opened up a brand new segment in the luxury limousine market. Almost all major supercar manufacturers contemplated one and Lamborghini (Estoque), Porsche (Panamera) and Maseratti Quattroporte. But now the British automaker is cutting production …
PreviewIt’s finally splitsville for Hero Honda, one of corporate India’s oldest and most successful joint ventures , with the two founding partners—India’s Munjal family and Japan’s Honda Motor Corp—agreeing to part ways and terminate the 26-year-old relationship due to unresolved differences and ambitious independent plans.
