TVS Mobility arm acquires Italy-based automotive components supplier

TVS Mobility arm acquires Italy-based automotive components supplier

Mumbai: TVS Mobility group on Monday said its subsidiary SI Air Springs has acquired Italy-based automotive components supplier Roberto Nuti Group, which will help it broaden the product range and strengthen its position in the global market. The pact between the two partners includes the 100 per cent purchase of Roberto Nuti Group by TVS … Read more

Mitsubishi TVS: Mitsubishi to invest Rs 300 crore in TVS Mobility unit

Mitsubishi TVS: Mitsubishi to invest Rs 300 crore in TVS Mobility unit

Mumbai: TVS Mobility, a TVS Group company with presence in automotive retail and aftermarket businesses, has formed its second partnership with Mitsubishi Corp. This would entail the Japanese conglomerate investing Rs 300 crore for a 32% stake in TVS Vehicles Mobility Solutions (TVS VMS), a newly formed subsidiary. The alliance is part of a broader … Read more

TVS Mitsubishi: TVS Mobility forms JV with Mitsubishi Corp for comprehensive vehicle mobility ecosystem in India

TVS Mitsubishi: TVS Mobility forms JV with Mitsubishi Corp for comprehensive vehicle mobility ecosystem in India

TVS Mobility on Monday said it has formed a joint venture with the Japanese conglomerate Mitsubishi Corporation to establish a comprehensive vehicle mobility ecosystem in India. As part of the collaboration, Mitsubishi Corporation will initially invest Rs 300 crore with both parties committed to support the growth of the joint venture. This investment is intended … Read more