Sukhpal Ahluwalia, founder of Euro Car Parts and Badri Baldawa, founder of Seeba Group of Companies, have jointly and equally invested in EcoCentric, one of India’s fastest growing companies providing e-waste management solutions. Both Sukhpal and Badri will sit on the board of the company. The Asian entrepreneurs have invested an undisclosed sum into the [...]

Volkswagen Group delivered 10.3 million vehicles to customers worldwide last year, a rise of 3.8% compared with the prior-year figure. Matthias Müller, CEO of the Volkswagen Group, said, ‘2016 was a very challenging year for us. We made strides in resolving and overcoming the diesel crisis and at the same time initiated a fundamental change [...]

Rolls-Royce Motor Cars has recorded its second highest ever annual sales results in the marque’s 113-year history, up six per cent on 2015. A total of 4,011 cars were delivered to customers in more than 50 countries, affirming the brand’s strength and resilience in a year of challenging market conditions for luxury goods worldwide. Torsten [...]

Volvo Cars has named the Hain family, from Gothenburg in Sweden, as the first people chosen to take part in a real-life autonomous drive research programme. The family of four will participate in the Drive Me project – a collaborative research programme consisting of several players from public, private and academic fields. The project will [...]

Belron Canada has acquired vehicle damage repair company Speedy Collision with a network of 24 franchise collision service centres located across Alberta, Saskatchewan and Ontario. The move comes soon after Belron’s, Carglass Belgium acquired CARe Carrosserie Belgium, specialists in vehicle damage repair with 16 branches. The move was classed as ‘the first major acquisition as [...]