Citigroup is in informal talks with Blackstone Group and other private equity firms for selling its auto-loan business unit CitiFinancial Auto, a media report has said.
Armed with the Supreme Court order allowing it to use twin spark plug technology over which it is locked in a patent tussle with Bajaj Auto, TVS Motor Company relaunched 125 CC ‘Flame’ bike with twin spark plugs.
The continuous slowdown in demand in developed markets like the US and Europe have led Honda Motor Corporation of Japan to focus on China and India for future growth. “Selling cars has become very difficult the world over, so we have to prioritise the market.
With the novel idea of ‘Always There, Because We Care’, Hyundai Motor India Ltd, is back with its nationwide service initiative - ‘Always Around’ campaign in a mega avatar for the third consecutive year.
Mahindra Two Wheelers will soon start manufacturing motorcycles as part of its strategy to become a credible player in the industry and capture a double-digit market share in near possible time.