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The Madras International Circuit (MIC, previously known as Madras Motor Race Track and Irungattukottai Race Track) is a permanent motor racing circuit located in Irungattukottai, Chennai, India. It was built in the late 1980s and was inaugurated in 1990. It was the first permanent racing circuit in India and is owned by the Madras Motor Sports ...
In February 1990, Eicher Goodearth bought 26% stake in Enfield India Ltd and by 1993 Eicher acquired a majority stake (60% equity shareholding) in Royal Enfield India. In July 2008, Eicher Motors Limited (EML) and Volvo Group 's formed a 50:50 joint venture called VE Commercial Vehicles (VECV) which designs, manufactures and markets commercial ...
It was incorporated as a subsidiary of Hyundai Motor Company of South Korea on April 12, 2002. Construction completed in June 2004, with the official start of production beginning in May 2005. [ 1 ] The official grand opening ceremony on May 20, 2005, was attended by former President of the United States , George H. W. Bush and Hyundai Motor ...
The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung. [8] Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy Industry Group. The motor company was also founded by Chung.
FCA India Automobiles Private Limited (FCAIPL), formerly known as "Fiat Group Automobiles India Private Limited", is the Indian subsidiary of Stellantis, formed in 1997. The company was established for the production of cars and engines under the brand Fiat, Abarth, and Jeep. It is the ninth largest Indian car manufacturer by sales in India.
The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% [5] of Kia Motors.. On 22 May 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025.
Prior to the official unveiling of the Grand i10, Hyundai Motor India revealed that a sedan variant will be launched in 2014. [44] The new sedan, called the Xcent, was revealed in February 2014. It is designed to fit in the popular sub-4 metre sedan segment in India which emerged after the government imposed heavier tax for cars longer than ...
Isuzu Motors India Private Limited is a subsidiary of Isuzu, Japan was established in August 2012 in India having its manufacturing plant in Sri City, now in Tirupati district, Andhra Pradesh 55KM away from Chennai. The Corporate Head Office is present in Vadapalani, Chennai.