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The company established Cars24 Financial Services as a subsidiary in 2019. [20] The company received an NBFC license from Reserve Bank of India in July 2019. [21] Cars24 Financial Services provides consumer loan facilities to car dealers and end customers in the used car segment across 50 cities in India. [20]
Maruti Suzuki India Limited is the Indian subsidiary of Japanese automaker Suzuki Motor Corporation. It was established by the Government of India as Maruti Udyog Limited in February 1981 as a joint venture with Suzuki. Maruti opened its first production facility in Gurugram of Haryana, in 1982. [8] Initially, Maruti was majority owned by the ...
CarTrade.com is an Indian online auto classifieds platform serving as a marketplace for users interested in buying and selling new and used vehicles. [2] Headquartered in Mumbai, the company also owns other vehicle trading platforms such as CarWale, BikeWale and CarTradeExchange, the omnichannel vehicle auction company Shriram Automall, the vehicle inspection company Adroit Auto, and the ...
Hyundai's first car in the country, the Hyundai Santro was launched on 23 September 1998 and was considered a success. It became the second best-selling car in the country from 2000. [90] Hyundai Motor India Limited is currently the second largest auto exporter from India. [91] [92] It is making India the global manufacturing base for small ...
Ashok Leyland is an Indian multinational automotive manufacturer, with its headquarters in Chennai. It is now owned by the Hinduja Group. [3] It was founded in 1948 as Ashok Motors, which became Ashok Leyland in the year 1955 after collaboration with British Leyland. [4] Ashok Leyland is the second largest manufacturer of commercial vehicles in ...
General Motors India Private Limited was a subsidiary of General Motors for its operations in India. General Motors had 93% stake in this partnership and the remaining 7% was held by SAIC . [ 1 ] It was the 5th largest automobile manufacturing company in India after Maruti Suzuki , Hyundai , Tata Motors and Mahindra . [ 2 ]
Force Motors Ltd is an Indian multinational automotive manufacturing company, based in Pune.From 1958 until 2005, the company was known as Bajaj Tempo Motors because it originated as a joint venture between Bajaj Trading Corporation (now Bajaj Auto) and Germany's Tempo for manufacturing auto-components. [1]
Honda Cars India Ltd., abbreviated as HCIL, is an automobile manufacturer in India owned by Honda Motor Co. Ltd. The company was established in 1995 as a joint venture called Honda Siel Cars India (HSCI). The company was renamed to HCIL in September 2012 following the sale of 3.16 percent stake owned by Usha International, making it a 100 ...