Automobiles Current Affairs - 2019

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Yoichiro Ueno appointed as President and CEO of Honda cars India

Yoichiro Ueno has been appointed as new President and Chief Executive Officer (CEO) of Honda Cars India by its parent Honda Motor Company. He will succeed Katsushi Inoue who was elevated to the position of Chief Operating Officer (COO) of the company for Regional Operations (Europe region). Prior to this appointment, Yoichiro Ueno was the Read More…

Month:  Categories: Persons in News

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CCI imposes Rs. 420 crore fine on Hyundai for anti-competitive practices

The Competition Commission of India (CCI) has imposed fine of 420 crore rupees on the local unit of Hyundai Motor Co. The fined was imposed after CCI investigation had found that Hyundai was engaged in anti-competitive practices. The fine imposed on Hyundai is 2 per cent of its annual turnover in India in past 2 Read More…

Month:  Categories: Business, Economy & Banking

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SAIL, ArcelorMittal ink MoU to set up steel plant in India

Steel Authority of India (SAIL) and world’s largest steelmaker, ArcelorMittal signed a MoU to set up an automotive steel manufacturing facility in India. The MoU was signed by ArcelorMittal Chairman & Chief Executive Lakshmi Niwas Mittal and SAIL Chairman CS Verma in London. Under the MoU, the project will be set up through a joint Read More…

Month:  Categories: Business, Economy & Banking

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Five Things You Need to Know about TATA Zest

Tata Zest is all set to raise the benchmarks in the automobile sub-compact sedan segment. Yes, the new baby of Tata motors is a product that has defied many myths hitherto attached with the company. The company planned the Zest looking at the catching demand for cars in this segment. It was a calculated step Read More…

Month:  Categories: Uncategorized

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