ASK Automotive, AISIN Group enter into JV for passenger car segment

Auto parts maker ASK Automotive on Wednesday said it has entered into a joint venture pact with Japanese auto components supplier AISIN Group Companies in the passenger vehicle space. As part of the collaboration, the two partners will market and sell the auto components in “independent after markets for passenger car production”, ASK Automotive said … Read more

Renault Nissan to launch four new products, expand product portfolio

Chennai, The Renault Nissan Alliance, a joint venture between automakers Japan-based Nissan and France headquartered Renault would launch four new products in the near future, a top official said here on Wednesday. Renault Nissan Alliance Chairperson Jean-Dominique Senard said India is at the heart of the alliance and every part of car manufacturing happens at … Read more

TVS Mitsubishi: TVS Mobility forms JV with Mitsubishi Corp for comprehensive vehicle mobility ecosystem in India

TVS Mobility on Monday said it has formed a joint venture with the Japanese conglomerate Mitsubishi Corporation to establish a comprehensive vehicle mobility ecosystem in India. As part of the collaboration, Mitsubishi Corporation will initially invest Rs 300 crore with both parties committed to support the growth of the joint venture. This investment is intended … Read more

JSW Group: JSW, SAIC ink JV to run MG Motor operations in India

The Sajjan Jindal-promoted JSW Group and SAIC Motor announced an India joint venture aimed at expanding the operations of MG Motor, owned by the Chinese company, in the country. JSW will hold a 35% stake in the joint venture, they announced on Thursday. “Our strategic collaboration with SAIC Motor aims to grow and transform the … Read more