Nissan India confirmed that it will pass on the full benefit of the recent cuts to vehicle excise duty, announced in the interim Union budget, to its customers.
BMW and carbon-fiber producer SGL are preparing to invest more than 100 million euros to build a new plant and double the joint production of automotive carbon fiber.
Mahindra Two Wheelers Ltd. (MTWL) has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for a genuine engine oil to be used for their 110cc bikes.