Automobile & Ancillaries Newsletter – August 07 to August 11, 2017

India Infoline News Service | Mumbai | August 12, 2017 08:56 IST

This week, “Tata Motors and Volkswagen’s group firm Skoda Auto has ceased discussion on a potential collaboration, but have decided to keep in touch for future areas of collaborations.”

Top news

Passenger vehicle sales up 15%, car sales rise 9%

Domestic passenger vehicle sales rose 15.12% to 2,98,997 units in July from 2,59,720 units in the corresponding period last year, whereas domestic car sales were up 8.52% at 1,92,773 units as compared to 1,77,639 units in July last year, reported SIAM on Friday.Read More

Ashok Leyland bags order of Rs 120 crore from Rivigo

Ashok Leyland, flagship of the Hinduja Group, received an order for over Rs 120 crore from Rivigo, an Indian logistics company, said Ashok Leyland in a BSE filing on Friday.
The order is for 500 fully-built vehicles driven by the innovative Intelligent Exhaust Gas Recirculation (iGER) technology developed by the company.Read More

Tata Motors and Skoda end discussions for potential partnership

Tata Motors and Volkswagen’s group firm Skoda Auto has ceased discussion on a potential collaboration, but have decided to keep in touch for future areas of collaborations.
Tata Motors and Skoda Auto performed a joint technical feasibility and commercial evaluation of a potential collaboration. Read More

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

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