Toyota Kirloskar Motor (TKM) plans to enhance exports for which it is in discussion with parent Toyota Motor Corporation for support in exploring new global markets for its Etios series

The German auto giant’s iconic two-wheeler is one of the world’s most tradition-steeped and successful motorcycle brands, set to come into India. BMW Motorrad has officially started its operations as a part of the Indian subsidiary of BMW Group. Earlier, BMW Motorrad was operating in India with importers who had sales outlets in Mumbai and New Delhi.

Reputation as Asia’s premier automotive industry fair grows with upward climb of Automechanika Shanghai’s sweeping participation. Automechanika Shanghai continues to shatter records and 2016s' show was a resounding success. It proceeds to enjoy year-on-year growth with a 10 per cent increase in visitors and a 7 per cent increase in exhibitors as the world’s second largest Automechanika brand show.

French auto major Renault will start exporting its small car Kwid to South Africa, Bhutan and Bangladesh from India next year as it prepares to take the popular hatchback to various global markets. The company, which launched the car in India with 98 per cent localisation in 2015, has already started exporting the hatchback to Sri Lanka, Nepal and Mauritius.

Car exports to Sri Lanka — the fifth largest and fastest growing market for India-made passenger vehicles - is likely to hit a speed bump as the island nation has increased the import duty to 175 per cent from 150 per cent.

ElringKlinger Automotive Components set up shop in India to deliver its products locally and within a short time doubled its capacity.

amvardhana Motherson Group has raised $100 million in debt by selling bonds to overseas investors. The 5.5-year US dollar bond issue by the Group has received an order book of $400 million against the $100 million on offer, helping the Noida-based company price the issue at lower 4.44 per cent coupon, against the initial guidance of 4.5 per cent.

Ravindra Pisharody, Executive Director (Commercial Vehicles), Tata Motors Ltd, has been appointed as the Vice-President of Society of Indian Automobile Manufacturers (SIAM).

Tata Motors has appointed Guenter Butschek as Chief Executive Officer & Managing Director. He will lead all operations of Tata Motors in India and in international markets including South Korea, Thailand, Indonesia and South Africa. Butschek is expected to join the company by February 15, 2016.