Asia MotorWorks, the Indian heavy commercial vehicle maker, is entering into auto finance and commercial vehicle finance business by buying out a 100 per cent stake in cash deal in FamilyCredit, the Indian arm of the Parish Stock Exchange-listed Société Générale Consumer Finance.
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Asia MotorWorks enters Auto finance
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Ubs maintains a 'Buy' on Advance Auto Parts (AAP);
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Motor trade sales rise 16.4%
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Porsche SE to use bulk of cash for acquisitions
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Luxury car makers woo Indian customers
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Huntington expands Michigan auto dealer financing business
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Indian companies on fund raising spree to finance growth plans
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Great Wall Motor 'considering merger and acquisitions'
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Advanced Business Solutions launches finance scheme
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MyWay to invest Rs 400 crore to expand business
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Biglari Holdings Inc. commences exchange offer for shares of Advance Auto Parts, Inc.
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Reliance Industries may sell stake in some overseas blocks
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Sharekhan retains 'Buy' on GAIL India
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Jaguar Land Rover thriving under Indian ownership
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Ford selling 20% stake in Mazda
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Tata Motors secures £175 million new loan for JLR
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Peugeot Citroen may build cars in India with GM