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The plan involves acquiring a substantial stake in MG Motor India, a unit of the Chinese company SAIC, and subsequently acquiring Ford s factory in Chennai through a new entity. Concurrently, Jindal is actively engaged in discussions with the Chinese auto company Leapmotor to secure a technology license for manufacturing electric vehicles. ....
In 2021, China continued to lead the global auto market, with 26.27 million vehicles sold, while the US remained second at 15.4 million vehicles, followed by Japan at 4.44 million units. ....
Guleria will be responsible for leading motorcycle maker Royal Enfield's business growth globally across India and all international markets - and spearheading sales, marketing and aftermarket functions, the company said in a statement. ....
Here’s a look at the reasons for the Kia’s success in India, right from product strategy to dealership network along with brand's sales numbers, and current portfolio. ....