Tag Archives: Joint Venture

Bajaj – No JV for ULC with Renault-Nissan

Bajaj Auto has scrapped plans for a Joint Venture (JV) with Renault-Nissan for the Ultra Low Cost (ULC) car project. The company will now only have a simple arrangement for acting as the Original Equipment Manufacturer (OEM) for the car with the Renault-Nissan

Mahindra may enter China very soon

As Mahindra & Mahindra(M&M) vehicles - Scorpio and Xylo prepare to enter the American market, the company is aiming to step into China also, which is the world's second largest automobile market after the US and is three times bigger than the

Fiat’s Ranjangaon plant to Start exporting Engines

Fiat’s Ranjangaon (Pune) plant with the capacity to produce 3.33 lakh engines a year, can produce a much larger volume of engines than the company and its joint venture partner Tata Motors would need in the near future. The company has decided to utilise

West Bengal: Chinese move in, Germans step out!

First Automobile Works Ltd, a Chinese company, is ready to invest in West Bengal along with an Indo-Russian Joint Venture, Ural India Ltd. Ural India is a joint venture between Uralaz of Russia and Kolkata based Mitijug group. They plan to launch heavy

Surprise Surprise! Kinetic forms JV with Mahindra

Kinetic motors to form a joint venture with Mahindra & Mahindra for manufacturing two wheelers. Kinetic motors have been going under losses for quite a few years now. This quarter they incurred a net loss of INR 18 crore which is marginally less than