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V. Sumantran: Four major trends reshaping the industry

The global auto industry is confronting fundamental changes and four major trends are reshaping the industry, according to Dr. V. Sumantran, chairman of Celeris Technologies and former CEO of Car Business at Tata Motors. “Today we have very different choices of mobility,” said Sumantran. “Efficient and time effective transportation will

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Chinese auto parts makers increase footprints in India

NEW DELHI – Chinese auto parts makers are hiking their presence in India by setting up wholly-owned or joint venture subsidiaries to take advantage of low cost labor and a stepping stone to enter other overseas markets. This can be seen from the increasing number of Chinese exhibitors at this

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CCI fines car makers $420 million for anti-competitive practices

  By Aditi Shah NEW DELHI ( Reuters) - The Competition Commission of India (CCI) has fined more than a dozen global and local carmakers a total of 25.5 billion rupees ($420 million) after a probe found they had engaged in anti-competitive practices in the world's sixth largest auto market.

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China and India will be main drivers for global auto industry

"Emerging markets like China will be main driver of the world auto industry until 2020," said Peter Tyroller, member of the Board of Management of Robert Bosch GmbH at the CEIBS 8th annual conference on China's auto market on October 23. "Today 80 percent of buyers of vehicles in China

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