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- Honda launches new super-bike VFR1200F
New Delhi, July 30: Japanese automotive manufacturer Honda today launched its new 1,200 cc super bike, VFR1200F, hoping to start a new era of sports riding in India.
Priced at a whopi....
- Mercedes to launch new models to stay ahead of competition
Chennai, July 30: Luxury car maker Mercedes Benz India is planning to launch new models, start a second shift and continue brand spend to stay ahead of competition in a market that is slated to....
- Mahindra and Mahindra Q1 net profit jumps 40.3 percent
New Delhi, July 28: Automobile major Mahindra and Mahindra (M&M) registered a 40.3 percent growth in net profit for the first quarter of this fiscal at Rs.562.4 crore as against Rs.400.9 cr....
- Maruti Suzuki's Q1 net profit declines 20.23 percent
New Delhi, July 24: India's largest car manufacturer Maruti Suzuki India Limited today registered a 20.23 percent decline in its net profit in the first quarter to Rs.465.4 crore as compare....
- Vibgyor Vehicles plans to expand overseas
Agartala, July 24: Kolkata-based motorbike company Vibgyor Vehicles, after capturing the major Indian markets, is embarked on dominating markets of India's neighbours, company officials tod....
- Delhi Metro orders 40 subway cars from Bombardier
Toronto, July 24: Canada's Bombardier Transportation has won orders to supply 40 MOVIA type subway cars to Delhi Metro Rail Corporation (DMRC) at a cost of $55 million.
Around 190....
- Bajaj Auto's first quarter net doubles, 1-for-1 bonus
New Delhi, July 22: India's second largest two and three wheeler company Bajaj Auto today reported a 100 percent rise in net profit at Rs.590 crore for the first quarter of this fiscal as a....
- Toyota launches diesel version of Corolla Altis
New Delhi, July 21: Japanese automobile major Toyota today launched the diesel variant of its luxury sedan Corolla Altis, priced between Rs.10,95,000 lakh to Rs.13,75,000 lakh (ex-showroom Delh....
- Rane Brake Lining to expand capacity
Chennai, July 21: City-based automotive brakeling manufacturer Rane Brake Lining will expand its Hyderabad and Tiruchirapalli plant capacities to meet the export and after market demands, a top....
- Ruia Group to bid for SsangYong Motor by Aug 10
Kolkata, July 21: City-based Ruia Group will make a bid to acquire the South Korean SsangYong Motor by Aug 10, a spokesperson for the Group told the media today.
SsangYong Motor has b....
- Mercedes launches like super sports car SLS AMG
New Delhi, July 16: Mercedes-Benz India today launched its super sports car SLS AMG, priced between Rs.2 and Rs.2.5 crore (ex-showroom Delhi).
The SLS AMG is powered by a 6.2 litre en....
- Fiat launches Grande Punto's diesel variant
New Delhi, July 16: Fiat India today launched the diesel variant of its hatchback car, Grande Punto, priced at Rs.6.79 lakh (ex-showroom Delhi) and said it is planning to develop a new small ca....
- Tata Motors global June sales up by 46 percent
Kolkata, July 15: Auto major Tata Motors' logged a 46 percent growth in global sales at 91,608 units in June 2010 over the corresponding month in 2009, a company statement said here today.
....
- TVS Motor denies buying LML India's assets
Chennai, July 13: Two and three wheeler maker TVS Motor Company today denied it is buying the assets of LML India, another two wheeler company.
"TVS Motor Company hereby clarifies....
- Audi to manufacture sports utility vehicle in India
New Delhi, July 7: German luxury car manufacturer Audi today began assembling its sports utility vehicle (SUV) Q5 at its Aurangabad (Maharashtra) manufacturing plant.
The Q5 is the th....
- Ford India to export Figo to Asia-Pacific markets
Chennai, July 5: Ford India, the Indian arm of American car maker Ford Motor Company, will be shipping out its new small car Figo to markets in the Asia-Pacific region in addition to South Afri....
- Bajaj Auto June sales up 63 percent
New Delhi, July 2: Two wheeler major Bajaj Auto today reported a 63 percent increase in sales in June at 315,422 units and said that sales were affected due to limited production facilities.
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- Mercedes Benz India clocks 79 percent sales growth
Kolkata, July 1: Mercedes Benz India registered 79 percent sales growth between January and June this year, compared to the corresponding period last year, a top company official said here toda....
- Daimler rejigs trucks business in India
Chennai, July 1: German automobile group Daimler has rejigged its Indian operations, shifting the marketing and after sales activities of Actros trucks from Mercedes Benz India to Daimler India....
- Maruti reports 17.3 percent jump in sales
New Delhi, July 1: Passenger car major Maruti Suzuki today reported a slower growth in sales in June, rising 17.3 percent to 88,091 units, due to a planned six-day shutdown for maintenance acti....
- Hyundai Motor's sales drop 2 percent
New Delhi, July 1: India's second largest car manufacturer Hyundai Motor India today reported a two percent dip in its total sales in June at 46,254 units compared to 47,266 vehicles sold i....
- TVS Motor logs 36 percent sales growth in June
Chennai, July 1: Two wheeler manufacturer TVS Motor Company has clocked a 36 percent increase in sales last month as compared to the volume it logged in June 2009.
The company last mo....
- Continental to increase headcount by 30 percent in India
New Delhi, June 30: International automotive major Continental said today it will increase its headcount by 30 percent in India this year.
The company said it will add more people to ....
- Ashok Leyland increases vehicle prices
Chennai, June 29: India's second largest truck maker Ashok Leyland Limited has hiked the prices of its medium and heavy duty vehicles by three percent with immediate effect.
The p....
- 'India can innovate on cost reduction of cars'
Chennai, June 29: India enjoys the major manufacturing advantage over European and American vehicle manufacturers when it comes to cost innovativeness, a top automobile industry official on Mon....
- Tata Motors allowed delayed delivery of 625 low-floor buses
New Delhi, June 28: The Delhi government today accepted a request from Tata Motors to deliver 625 low-floor buses by Aug 31, instead of end-June as scheduled.
The company had requeste....
- Hyundai Motor India aims to sell six lakh units this year
Kolkata, June 25: Hyundai Motor India aims to sell six lakh units in 2010, registering a seven percent jump from the 5.6 lakh vehicles it sold last year, a top company official today said.
....
- Nepal to test-drive Nano next month
Kathmandu, June 25: A year after its launch in India, Tata Motors' much-awaited "people's car", the Tata Nano, is poised to hit the international market, with Nepal beginning th....
- Hyundai Motor India hopes to log 16 percent growth
Chennai, June 24: The country's second largest car maker, Hyundai Motor India Ltd (HMIL), is hoping to log around 16 percent volume growth this calendar year, a company official said today.....
- Hyundai launches new sedan Verna Transform
New Delhi, June 23: Hyundai Motor India Ltd (HMIL) today launched here a new sedan, Verna Transform, priced at Rs.6.5-7.5 lakh.
The petrol variant of the car starts at Rs.6.55 lakh an....
- Nissan logs 1,000 bookings since May
Chennai, June 22: Nissan Motor India today claimed that it has pre-order bookings of 1,049 numbers for its small car Micra to be launched next month.
The company opened bookings for t....
- General Motors launches cashless maintenance service
New Delhi, June 22: General Motors India today launched a scheme on all its Chevrolet cars and said it would help customers lower the cost of ownership.
The scheme will allow a custom....
- M&M in Gulf JV for armouring vehicles
New Delhi, June 17: Indicative of the growing strength of Indian private sector companies in the defence manufacturing sector, automobile major Mahindra & Mahindra today announced a Gulf jo....
- India's Mahindra sued by US distributor over truck deal
Washington, June 16: An Atlanta company that has exclusive rights to sell India-made Mahindra pickup trucks in the US has sued the Indian automaker in federal court over delays in delivering th....
- India to become hub for small engines for Ford
Chennai, June 15: Ford India, the Indian arm of American automobile manufacturer Ford Motor Company has started actualising the plan of making its Indian plant the hub for small displacement en....
- Hyundai Motor India strike enters second day
Chennai, June 8: The strike by workers at the Hyundai Motor India Ltd plant near here to demand the reinstatement of 67 dismissed colleagues and recognition of their union continued for the sec....
- Hyundai Motor India suffers Rs.65 cr loss as production stops
Chennai, June 7: Production at the Hyundai Motor India plant near here has come to a halt since Sunday night after workers went on a sit-in strike, demanding reinstatement of 67 dismissed colle....
- Production comes to a halt at Hyundai Motor India
Chennai, June 7: Production at the Hyundai Motor India plant near here has come to a halt since Sunday night after workers went on a sit-in strike, demanding reinstatement of 67 dismissed colle....
- Hindustan Motors, SBI tie-up for vehicle financing
Kolkata, June 7: C.K. Birla Group flagship company Hindustan Motors Limited (HML) today entered into a tie up with the State Bank of India (SBI) under which the public sector lender will provid....
- Toyota to roll out compact car Etios early 2011
Bangalore, June 4: Japanese auto giant Toyota will roll out its compact car "Etios" for the Indian market early next year, a senior company official said today.
"Our compa....
- Mercedes Benz to drive in to city bus segment
Chennai, June 3: Mercedes Benz India, which ventured into the long distance luxury bus segment, will soon get into the city bus market, a top company official said today.
"We are ....
- Tata Nano set to drive into Taiwan
Taipei, June 3: Tata Nano, the world's cheapest car made by India's Tata Motors, is set to drive in to Taiwan, a manufacturing hub of iPods and green technologies, later this year.
....
- Nine Nanos begin countrywide drive from Sanand
Sanand (Gujarat), June 3: A fleet of nine Nanos driven by prospective customers who participated in an online contest, began a countrywide drive from here on Wednesday to mark the inauguration ....
- First Nano from Gujarat unit rolls out today
Gandhinagar, June 2: From Singur in West Bengal to Sanand in Gujarat, it has been a long journey for Tata Motors' Nano. The first of the world's most inexpensive small car will roll out....
- Auto sales zoom in May
New Delhi, June 1: Auto companies in India had a bull run in May with record sales numbers in virtually every segment, from bikes to commercial vehicles, and the industry expects consumer deman....
- TVS Motor logs 30 percent sales growth in May
Chennai, June 1: Two-wheeler maker TVS Motor Company said today it has logged 30 percent sales growth in May compared to the corresponding period in 2009.
Last month the company sold ....
- Tata Motors logs 41 percent sales growth in May
Chennai, June 1: Commercial vehicle and car manufacturer Tata Motors Ltd closed last month with 41 percent volume growth as compared to previous years' corresponding period.
Last ....
- Ashok Leyland Nissan to roll out LCVs in mid-2011
Chennai, June 1: The Hinduja Group's Ashok Leyland and Japanese Nissan Motor Company today said their joint venture will roll out light commercial vehicles (LCVs) in mid-2011.
The....
- Hyundai Motor logs 7.3 percent sales growth in May
Chennai, June 1: India's second largest car manufacturer Hyundai Motor India's total sales in May increased 7.3 percent though its exports logged a slight dip.
The company sol....
- Bajaj Auto May sales up 62 percent
Mumbai, June 1: Two-wheeler and commercial vehicles major Bajaj Auto today reported a 62 percent rise in total sales for May at 299,442 units, compared to 185,341 vehicles it sold in the year-a....
- Maruti sales top 100,000 a month for first time
New Delhi, June 1: Passenger car major Maruti Suzuki today reported a 27.9 percent jump in sales for May at 102,175 units compared to 79,872 vehicles it sold in the year-ago period.
T....
- Mahindra fourth quarter net up 36.4 percent
Mumbai, May 29: Auto major Mahindra and Mahindra (M&M) today reported a 36.4 percent rise in net profit at Rs.570.3 crore for the quarter ended on March 31, compared to Rs.418.1 crore in th....
- Tata Motors posts Rs.2,240.08 crore net in 2009-10
New Delhi, May 27: India's top vehicle manufacturer Tata Motors today said its net profit rose to Rs.2,240.08 crore for the financial year ended March 2010 as compared to Rs.1,001.26 crore ....
- Honda India plans to export 110,000 units
Kolkata, May 27: Two-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) is planning to raise its exports to 110,000 units of motorcycles and scooters this fiscal over 80,000 units....
- Spark goes out of General Motors India's deal with Reva
Chennai, May 26: The Mahindra and Mahindra (M&M) acquisition of electric car manufacturer Reva Electric Car company has taken the spark out of another deal that the latter had entered into ....
- Mahindra and Mahindra acquires electric car maker REVA
Bangalore/Mumbai, May 26: Automobile major Mahindra and Mahindra (M&M) today announced it has taken 55.2 percent stake in electric car-maker REVA through a combination of equity purchase an....
- Renault-Nissan starts commercial production of Micra
Chennai, May 24: The Franco-Japanese joint venture, Renault Nissan Automotive India, today started commercial production of its compact car Micra for which the domestic sales would begin from J....
- India pavilion at Shanghai expo gets huge footfall
Beijing, May 22: The India pavilion has become one of the hottest spots at the Shanghai World Expo with average 25,000 visitors every day thronging the stalls of Indian handicrafts and cuisine ....
- Hyundai plans $550 million new engine unit in India
Seoul, May 19: Hyundai Motor plans a $550 million diesel engine plant in India with locally-sourced components to give customers a wider choice and consolidate its position as the country's....
- Titagarh Wagons Q4 net surges over 150 percent
Kolkata, May 18: Wagon-maker Titagarh Wagons posted an over-150 percent jump in net profit at Rs.25.94 crore in the January-March quarter of 2009-10 against Rs.10.35 crore recorded in the like ....
- Hyundai to launch one new car model in India every year
Seoul, May 17: Heartened by a maturing Indian automobile market, Hyundai Motor has decided to launch at least one new model in the country every year even as moves are afoot to expand the rural....
- Bentley launches two-seater coupe at Rs.2.25 crore
New Delhi, May 13: Luxury car maker Bentley has introduced in India its two-seater coupe, Continental Supersports, priced at Rs.2.25 crore (ex-showroom Delhi).
"Being the fastest ....
- Nissan Motor begins soft marketing of small car Micra
Chennai, May 10: Nissan Motor India has begun soft marketing of its small car Micra which it would launch in July.
The company has started an initiative called "exposure marketing....
- Car sales rise 39.5 percent in April: SIAM
New Delhi, May 10: Indicating robust consumer demand despite a rise in prices, car sales in India grew by 39.5 percent to 143,976 units in the first month of this fiscal from 103,227 units sold....
- Bajaj Renault to roll out low-cost car by 2012
New Delhi, May 5: Bajaj Auto today promised a competitor to the Tata Nano by 2012 with a similar price tag of around $2,500 but better fuel efficiency in collaboration with global auto giant Re....
- Hyundai Motor talks to sacked employees
Chennai, May 3: Car manufacturer Hyundai Motor India has started direct negotiations with its dismissed employees for a final settlement instead of going through the workers union.
Ac....
- Hyundai Motor sales rise 17 percent in April
Chennai, May 1: The country's second largest car maker, Hyundai Motor India, increased its sales in April by 17 percent to 52,090 units, compared to the corresponding month last year.
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- Ford to start second shift to meet Figo demand
Chennai, May 1: Ford India will start a second shift at its Maraimalainagar plant near here from June to meet the growing demand for its small car Figo, company managing director Michael Boneha....
- Maruti Suzuki April sales soar 30 percent
New Delhi, May 1: The country's largest car maker, Maruti Suzuki, today said sales in April rose around 30 percent to 93,058 units, compared to the corresponding month last year.
....
- India Yamaha targets 10 percent market share in 2010
Chennai, April 30: To fill the void in its product slot, two wheeler maker India Yamaha Motor India has launched a 106 cc city bike, YBR 110, and hopes to increase its sales volumes to gain 10 ....
- Ashok Leyland-Nissan JV to roll out LCVs in 2011
Chennai, April 29: The Ashok Leyland-Nissan joint venture will start rolling out its light commercial vehicles (LCVs) out of the former's Hosur facility near Bangalore as well as from Renau....
- Maruti net zooms 105 percent in 2009-10
New Delhi, April 26: India's top carmaker Maruti Suzuki today reported a net profit of Rs.2,497.6 crore for 2009-10, a growth of 105 percent over the last fiscal.
The company'....
- Hindustan Motors launches greener CNG mini truck
New Delhi, April 26: Hindustan Motors today launched a CNG (compressed natural gas) version of its its mini truck "Winner" which meets the BS-IV emission norms.
The CK Birla G....
- Nissan Motor India starts trial exports of cars from India
Chennai, April 26: The Indian subsidiary of the Japanese Nissan Motor Company has taken the first step to export vehicles from its plant near here by shipping out six Micra cars as test consign....
- TVS Motor to invest Rs.150 cr on capacity building
Chennai, April 21: Two-wheeler major TVS Motor Company is planning to invest around Rs.150 crore this fiscal towards capacity expansion and research and development, and another Rs.40 crore in ....
- Bookings commence for Harley Davidson motorcycles in India
New Delhi, April 20: World-famous bike manufacturing giant Harley Davidson is all set to launch its finest range of bikes in India. Bookings for these classy bikes have finally commenced. Harle....
- Hyundai India to expand dealers network, launch new SUV
Chennai, April 19: In order to take on new competition, India's second largest car manufacturer Hyundai Motor India plans to expand its distribution network and also launch a new small car ....
- Mahindra to acquire Renault's stake in Indian car venture
Mumbai, April 16: Automobile major Mahindra and Mahindra (M&M) announced today it was buying out global car major Renault's 49 percent stake in their joint venture which manufactures th....
- General Motors looks to run vehicles on biodiesel
Gandhinagar: General Motors India has signed an agreement with the Central Salt and Marine Chemical Research Institute (CSMCRI) and the US Department of Energy to develop and supply biodiesel t....
- Tata to set up shoe, bicycle factories in Bangladesh
Dhaka: Indian conglomerate Tata Group has signed an agreement with a company here to jointly manufacture shoes and bicycles in Bangladesh.
The pact was signed on Sunday by Nitol-Niloy....
- Hindustan Motors to export LCVs to Bangladesh
Kolkata: The C.K. Birla-owned Hindustan Motors on Friday inked a deal with Intraco Motors of Bangladesh to export its light commercial vehicle (LCVs) 'Shefing Winner' to the country.
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- Car sales rise 20 percent to 155,600 units in March: SIAM
New Delhi: Passenger car sales in India rose 20.08 percent in March to 155,600 units compared to 129,585 units a year ago, data released by the Society of Indian Automobile Manufacturers (SIAM)....
- Renault, Nissan and Daimler to swap shares, launch cars
Chennai: Renault-Nissan and Daimler today announced equity swap and a programme to jointly launch cars and light commercial vehicles.
The idea behind the three-way alliance of French ....
- Hyundai launches new i20 compact car
New Delhi: Hyundai Motor India Ltd (HMIL) today launched a new i20 car with two additional variants - Era and Sportz - priced in the range of Rs.4.51-5.31 lakh.
"We are pleased to....
- Maruti hikes prices of all its cars
New Delhi: Following an increase in input costs and introduction of new emission norms, India's largest car maker, Maruti Suzuki India, today hiked prices of its vehicles by up to Rs.10,000....
- Mahindra records 20 percent sales growth in March
Bangalore: Mahindra & Mahindra Ltd. posted a record 20 percent growth in March by selling 31,698 vehicles compared to 26,360 units same month a year ago, the automaker said today.
....
- Hyundai sells record 31,501 units in March
New Delhi: Hyundai Motor India Ltd (HMIL), India's second largest car manufacturer, sold 31,501 units in the domestic market, the highest sales figure since the company started operations i....
- Maruti Suzuki sells over a million vehicles in 2009-10
New Delhi: India's leading car maker Maruti Suzuki India today said it sold 1,018,365 vehicles in the 2009-10 fiscal of which 870,790 units were sold in the country, the highest ever by the....
- Maruti first auto firm in India to sell million cars in a year
New Delhi: Indo-Japanese automobile giant Maruti Suzuki has become the first company in India to sell over a million passenger cars during a fiscal year, with as many as 1,018,365 vehicles roll....
- Don't delay cleaner fuel norms for vehicles: CSE
New Delhi: With Bharat stage IV norms for cleaner fuel coming into force in 13 cities April 1, the Centre for Science and Environment (CSE), an NGO, today urged the government to not succumb to....
- Dilip Chenoy to head National Skill Development Corporation
New Delhi: Dilip Chenoy, director general of Society of Indian Automobile Manufacturers (SIAM), has been appointed CEO and managing director of the National Skill Development Corporation (NSDC)....
- Tata Motors sells 20 percent stake in Telcon to Hitachi
New Delhi: India's largest commercial vehicle manufacturer Tata Motors today signed an agreement to sell its 20 percent stake in Telco Construction Equipment Company Ltd (Telcon) to Japanes....
- Kamaz Vectra Hosur plant shut down
Chennai: Heavy truck maker Kamaz Vectra Motors Ltd's plant at Hosur has been shut down by the Tamil Nadu Factories Inspectorate for operating without a proper licence, an official said toda....
- Tata may source auto parts from Bangladesh
Dhaka: Indian auto giant Tata Motors has indicated interest in sourcing auto components from Bangladesh. But setting up a plant to manufacture the world's cheapest car, Nano, would have to ....
- Jaguar Land Rover eyes 250 units sale in current fiscal
New Delhi: Jaguar Land Rover (JLR), the premium luxury car brand of the Tata group, today hoped to reach a sale-figure of about 250 units by this month-end as it opened its second showroom in t....
- Mahindra FirstChoice mulls listing in 2013
Chennai: Multi-brand, pre-owned car seller Mahindra FirstChoice Wheels may go public in 2013 when its turnover reaches around Rs.2,000 crore, a top company official said.
"Our pla....
- Hero Honda plans unit in Himachal at Rs.2,000 crore
Shimla: Two-wheeler auto major Hero Honda is keen to set up a manufacturing unit in Himachal Pradesh with an outlay of Rs.2,000 crore, an official said today.
"Hero Honda has show....
- Maruti Suzuki rolls out first millionth car in a year
New Delhi: The country's largest car manufacturer, Maruti Suzuki, today became the first automobile company in India to produce one million cars in a year.
"The millionth car ....
- Tata Motors to set up heavy truck plant in Myanmar
Kolkata: Tata Motors today signed a turnkey contract with Myanmar Automobile & Diesel Industries Limited, a government enterprise, to set up a heavy truck plant at Magwe, around 480 km from....
- Nano dealers to get compensation from Tata Motors
Mumbai: A compensation scheme has been prepared by Tata Motors for all dealers selling Nano car, the first cheapest car of the world.
On October 2008, the leading automobile company ....
- Daimler to set up plant near Chennai to produce trucks
Chennai: Daimler Commercial Vehicle India Ltd today said it will set up a plant near here to produce commercial vehicles.
The company would invest Rs.4,400 crore over the next five ye....
- Policy for auto components soon in Tamil Nadu
Chennai:The Tamil Nadu government is formulating a policy for auto components and facilitating the setting up of a National Automotive Testing and Research and Development Infrastructure Projec....
- Renault-Nissan in talks with Ashok Leyland for making cars
Chennai: Renault-Nissan chief executive Carlos Ghosn on Tuesday confirmed that the alliance is in talks with Indian truck maker Ashok Leyland for making small cars.
"There is a si....
- Zooming Indian auto industry needs more road space to grow
New Delhi: The Indian automobile industry has come under global focus, ranking second only to China as the fastest growing market in the world. The spate of new launches by the auto majors and ....
- Bentley unveils super luxury Mulsanne at Rs.2.9 crore
New Delhi: British luxury car maker Bentley today unveiled its new model Mulsanne priced at Rs.2.9 crore (approx $638,000) and said it would hit the Indian market by October.
"We ....
- Car sales up 33 percent in February
New Delhi: Anticipation of a price hike after the budget boosted car sales by 33 percent in February this year to 153,845 units.
As per data released by the Society of Indian Automobi....
- Cars and two wheelers to cost more in Karnataka
Bangalore: Cars and two-wheelers will cost more in Karnataka from April 1 as the budget for the coming financial year proposes to increase the motor vehicle taxes by one to two percent across t....
- Ashok Leyland may get into car manufacturing with Nissan
Chennai: Hinduja group company Ahok Leyland's possible foray into car making with Japanese Nissan Motor Company has kept the market and business circle abuzz here though officials decline t....
- Ashok Leyland targets 30 pc market share next fiscal
Chennai: Commercial vehicle maker Ashok Leyland is targeting sales of 90,000 units next financial year - a volume growth of around 38 percent over this fiscal's sales - and hopes to garner ....
- Hero Honda February sales rise 16.13 percent
New Delhi: Two-wheeler major Hero Honda Motors today said sales had grown 16.13 percent in February to touch 382,096 units, compared to 329,005 vehicles it sold in the like month last year.
- Nissan premiers compact car Micra in Geneva, to be rolled out from India
Geneva/Chennai: Japanese car major Nissan Motor Company today confirmed what has been an open secret - its new global compact car Micra will be rolled out from a plant near Chennai for the worl....
- Hyundai sales up 42.8 percent in February
New Delhi: India's second largest car maker Hyundai Motor reported a 42.8 percent increase in total sales last month to 54,617 units as against 38,235 units sold in February 2009.
....
- TVS Motor logs 31 percent sales growth in February
Chennai: Two-wheeler major TVS Motor Co has clocked a 31 percent increase in sales in February compared to the corresponding period in 2009.
The company logged a total two-wheeler sal....
- Car-makers to raise prices after excise duty hike
New Delhi: Car-makers today said they will hike prices of their cars by up to Rs.25,000 following a two percent hike in excise duty on all non-oil products and also by two percent on large cars....
- Now Maruti decides to recall 'A-Star' for faulty fuel pump
New Delhi: It seems to be a season of recalls for the automobile industry with Maruti Suzuki now deciding to call back some 100,000 'A-Star' cars from the Indian market for a faulty fue....
- Hyundai Motor to shift part of i20 production to Turkey
Chennai: Korean car maker Hyundai Motor, which had earlier announced that India will be the global hub for small cars, has decided to shift part of its compact i20 car production from here to T....
- Maruti to set up regional stockyards, model showrooms
Kolkata: Auto major Maruti Suzuki India would be spending around Rs.200 crore to create a network of company-owned stockyards and model showrooms across the country by 2011-12, a senior officia....
- Deshmukh asks for auto sector stimulus to continue
New Delhi: Heavy Industries Minister Vilasrao Deshmukh today urged Finance Minister Pranab Mukherjee to continue with incentives and stimulus given to the auto industry during slowdown in late ....
- Ford India expands distribution network
Chennai: Ford India today expanded its distribution network by opening 28 new dealerships in 24 cities to cater to the anticipated demand for its small car Figo which is set to hit the roads ne....
- AgustaWestland-Tata establish JV for assembling choppers
New Delhi: AgustaWestland, a Finmeccanica company, and Tata Sons today signed an agreement for forming a joint venture company that will establish in India a final assembly line for the AW119 h....
- Tata Motors global sales up by 93 percent in January
Kolkata: Auto major Tata Motors group global sales, comprising Tata, Tata Daewoo and Hispano Carrocera range of commercial vehicles, grew by 93 percent to 85,714 in January this year, a company....
- Honda to outsource non-critical processes at Gurgaon plant
Kolkata: Honda Motorcycle and Scooter India (HMSI) is planning to outsource some of its non-critical processes at its plant in Gurgaon, on the outskirts of Delhi, to increase its manufacturing ....
- Bajaj Allianz plans to increase health insurance business
Kolkata: Bajaj Allianz General Insurance plans to increase its health cover portfolio to 20 percent from the present 12 percent of the total business in the next two years, a senior official sa....
- Auto component companies lost $400 million due to slowdown
New Delhi: The financial crisis which crippled the sales streams of car manufacturers also dealt a heavy blow to component suppliers of the industry who took a hit of $400 million in terms of l....
- Car sales rise 32 percent
New Delhi: Car sales grew at 32 percent in January over the like period last year with financiers providing cheap loans to attract customers, says a Society of Indian Automobile Manufacturers (....
- Tata Motors to offer complete vehicles for civic bodies
Mumbai: After the Nano small car, Tata Motors has launched a complete range of ready-to-use municipal application vehicles catering to various civic services, the company announced here today.
....
- Ford India to export Figo, engines to South Africa
Chennai: The Indian arm of global auto maker Ford Motor will shortly commence exports of its small car Figo and diesel and petrol engines to South Africa and Association of South East Asian Nat....
- Mahindra launches low priced mini-truck
Mumbai: Automobile major Mahindra and Mahindra today launched a low-priced Rs.2.79 lakh mini-truck - Maxximo - targeting the small cargo vehicle segment, the company said in a regulatory filing....
- Bajaj Auto net profit jumps two-fold
Mumbai: Two-wheeler manufacturer Bajaj Auto today reported a 189.2 percent increase in net profit to Rs.475.14 crore for the quarter ended on Dec 31 against Rs.164.27 crore in the corresponding....
- Tata Motors sales grew 77 percent in January
Kolkata: Global auto major Tata Motors' sales (including exports) of commercial and passenger vehicles grew 77 percent to 65,478 vehicles in January 2010 over 36,931 vehicles in the corresp....
- Hyundai Motor January sales rise 42 percent
Chennai: India's second largest car maker Hyundai Motor reported a 42 percent increase in sales last month to 52,635 units as against 37,171 units sold in January 2009.
Last month....
- TVS Motor logs 34 percent growth in January sales
Chennai: Two-wheeler manufacturer TVS Motor Company Ltd has opened the new year on a positive note reporting 34 percent increase in sales last month.
The company sold 125,578 units la....
- Maruti car sales rose 33.3 percent in January
Mumbai: India's largest car manufacturer Maruti Suzuki today reported a 33.3 percent rise in sales in January at 95,649 vehicles compared to the like month last year.
The company ....
- Ashok Leyland posts Rs.104 crore profit
Chennai: Commercial vehicle manufacturer Ashok Leyland has closed its third quarter ended Dec 31 with a net profit of Rs.104.63 crore on a turnover of Rs.1,815.53 crore as against Rs.18.86 cror....
- Honda to recall over 8,500 old City sedans in India
New Delhi: Japanese auto major Honda has decided to recall 8,532 "City" sedans manufactured in 2007 from the Indian market for preventive part replacement of power window switches that ....
- Mahindra and Mahindra net profit zooms to Rs.413.7 crore
Mumbai: Automobile major Mahindra and Mahindra (M&M) reported a whopping rise in net profits to Rs.413.7 crore in the third quarter this fiscal, against Rs.43.6 crore in the same quarter a ....
- Maruti Suzuki's Q3 net profit triples
Mumbai: India's largest car maker Maruti Suzuki today reported that net profits during the third quarter ended on Dec 31 had tripled to Rs.687.53 crore, largely due to improved sales.
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- Mahindra to launch passenger cars on Gio platform
Chennai: Automobile maker Mahindra and Mahindra Ltd (M&M) plans to roll out a passenger vehicle using its half-tonne cargo carrier Gio platform.
"At M&M, we look at develo....
- TVS revenues grow 25 percent in third quarter
Chennai: Two-wheeler major TVS Motor closed the third quarter of the current fiscal with a 25.4 percent increase in revenue over the corresponding period the previous year.
The compan....
- Renault-Nissan research centre to expand
Chennai: The automobile engineering design and research company Renault Nissan Technology and Business Centre India Pvt Ltd (RNTBCI) will soon shift the fuel cell research team from near Chenna....
- Indian auto sector to log 12 percent growth in 2010: Fitch
Chennai: Credit rating agency Fitch expects the Indian automobile sector to log around 10-12 percent growth rate during 2010.
In its latest research report on the Indian auto sector, ....
- General Motors expects to double sales in Kerala
Thiruvananthapuram: Auto manufacturer General Motors India, which launched the mini-car Chevrolet Beat here today, says it expects to double sales in Kerala this year.
"In 2008, w....
- Maruti bets on Omni upgrade demand to hardsell Eeco
Bangalore: Auto major Maruti Suzuki is hoping to ride on the demand for an upgraded version of its age-old Omni model to hardsell the Eeco family car, a senior company official said today.
....
- GM India planning to sell two lakh cars annually
Kolkata: Auto manufacturer General Motors India today said it would sell two lakh cars annually by 2013.
"We expect to sell around two lakh units of our commercial vehicles and pa....
- Bajaj Auto third quarter net up 189 percent
Mumbai: Leading automobile manufacturer Bajaj Auto today reported a 189 percent increase in net profit to Rs.475.14 crore for the third quarter from Rs.164.2 crore in the same period last fisca....
- Auto Expo affirms India as global auto industry hub
New Delhi: India's emergence as a major market and a hub for the global auto industry was reinforced at this year's Auto Expo that concluded today, which saw the launch of an unpreceden....
- Auto sales grew a whopping 40.3 percent in December
New Delhi: Sales of cars grew 40.3 percent in December owing to a low base, improved credit and customer appetite, said the Society of Indian Automobile Manufacturers (SIAM) today.
In....
- Maruti launches multipurpose Eeco
New Delhi: Passenger car leader Maruti Suzuki Ltd today launched its multipurpose vehicle (MPV) Eeco at an introductory price of Rs.2.59 lakh.
The MPV has been designed especially for....
- Nano will certainly be brought to Africa: Tata Africa head
Lusaka (Zambia): India's 'people's car' will certainly drive down the roads of Africa, with the Tata group conducting research on the rules and regulations of the different mark....
- Government forms panel on rating fuel-efficiency of cars
New Delhi: Road Transport and Highways Minister Kamal Nath today said the government has constituted a committee to decide how cars would be rated on the basis of fuel-efficiency.
....
- Heritage cars make a splash at Auto Expo
New Delhi: Some of these beauties are almost a century old but they have been so lovingly preserved and restored by their owners that they look like they just came out of the factory.
....
- Shahrukh launches electric version of Hyundai's i10
New Delhi: Bollywood icon Shahrukh Khan, the brand ambassador of car maker Hyundai Motors, today unveiled the electric version of the company's i10 model at Pragati Maidan, the venue of the....
- Vivek Oberoi launches Dilip Chhabria's Imperator
New Delhi: For once, the product overshadowded the star as Bollywood actor Vivek Oberoi launched automotive designer Dilip Chhabria's awesome Imperator sedan at the AutoExpo 2010 here today....
- Volvo launches gas-powered bus
New Delhi: Swedish auto major Volvo today launched a new bus powered by compressed natural gas (CNG) for the Indian market to take on rivals like Tata Motors and Ashok Leyland.
"T....
- Nano to drive into US in three years: Ratan Tata
New Delhi: Tata Motors will launch its Nano small car in the US in three years after considerably modifying it, group chairman Ratan Tata said today.
"We recognise there is a mark....
- Honda Motorcycle launches six models
New Delhi: Two-wheeler manufacturer Honda Motorcycle and Scooter India today unveiled six new models at the 10th Auto Expo here, and said sales this fiscal would grow 17 percent to cross 1.25 m....
- The beginning of truck wars?
New Delhi: The biennial Auto Expo 2010 that opened here today could well signal the beginning of "truck wars" in a segment that was hitherto dominated by Tata Motors and Ashok Leyland, ....
- Mahindra launches mini-truck
New Delhi: Tractor-to-sports utility vehicle maker Mahindra and Mahindra today unveiled the Maxximo mini-truck that is powered by a two-cylinder engine.
"With the launch of Maxxim....
- Hero Electric launches three new models
New Delhi: Hero Electric today launched three new electric vehicles priced between Rs.17,900 and Rs.32,796 at the 10th Auto Expo here.
The models, called E-Sprint, Optima Plus and Zip....
- Harley Davidson bookings to begin in April
New Delhi: Iconic motorcycle brand Harley Davidson will start booking of its models in India this April and start delivery in June, according to Anoop Prakash, the managing director of the comp....
- Honda to launch small car in India by 2011
New Delhi: Japanese auto major Honda Motor today said it would launch a small car, expected to be smaller than its Jazz model, in India next year.
The five-seater family car will be b....
- Volkswagen unveils Polo model, launch this year
New Delhi: German car maker Volkswagen, best known for Beetle, showcased two versions of its Polo cars here today, saying that a hatchback model would be launched in March and a sedan version l....
- Auto Expo starts, showing India's growing clout as industry hub
New Delhi: The 10th Auto Expo flagged off at the Pragati Maidan exposition grounds here today, attracting over 2,100 participants from 30 countries in a growing testimony to India's emergen....
- Maruti unveils new concept six-seater car
New Delhi: The country's largest passenger car manufacturer Maruti Suzuki India Ltd today showcased a concept prototype of its six-seater family car at the 10th Auto Expo here and voiced op....
- Toyota plans to sell 70,000 Etios cars a year in India
New Delhi: Vehicle manufacturer Toyota Kirloskar Motors (TKM) plans to sell 70,000 of its new compact car Etios in India every year.
The new car is expected to be rolled out by this y....
- General Motors launches small car 'Beat'
New Delhi: Car major General Motors today launched its mini car "Chevrolet Beat" in India, priced between Rs.3.34 lakh and Rs.3.94 lakh ex-showroom in Delhi.
The Beat will sho....
- 10th Auto Expo to start on Tuesday in capital
New Delhi: The seven-day 10th Auto Expo this week could attract around 20 lakh visitors, higher than those at similar events held last year in Shanghai and New York, organisers said today.
....
- Auto makers unhappy about fuel efficiency rating of cars
New Delhi: Auto makers today said they were not comfortable with the government's move to rate cars on the basis of fuel efficiency.
"The industry is wondering what the star r....
- GM India logs 101 percent rise in December sales
Chennai: Car manufacturer General Motors India logged 101 percent sales growth last month.
The company sold 8,258 units in December 2009 - its highest monthly sales so far - compared ....
- Maruti car sales up 50 percent in December
New Delhi: India's largest car manufacturer Maruti Suzuki today posted an increase of 50.6 percent in sales to 84,804 units in December this fiscal, compared to 56,293 vehicles in the same ....
- Hyundai December sales up 22.6 percent
New Delhi: Car major Hyundai Motor sold 22.6 percent more vehicles in December 2009, compared to the like month of previous year, the company said in a statement today.
Total sales fo....
- TVS Motor logs 34 percent rise in December sales
Chennai: Two-wheeler major TVS Motor Company registered a 34 percent increase in sales last month compared to the same period last year.
The company sold 119,701 units in December las....
- Indian auto industry in top gear despite global gloom
Chennai: Even as global auto majors went into reverse gear in 2009, the Indian industry largely bucked the trend, launching new models for the domestic market and registering significant growth....
- Rahul Bajaj not happy with move to phase out 'hamara Bajaj'
New Delhi: Bajaj Auto chairman Rahul Bajaj is not too happy with his son's decision to phase out the company's iconic scooters, but feels the decision of Rajiv Bajaj will be in the inte....
- Ruia Group acquires German sealing systems firm
Kolkata: The Kolkata-based Ruia Group today said it has acquired Germany's leading automotive sealing systems company, Henniges Automotive Grefarth GmbH.
The fresh acquisition wil....
- Nissan plans to heat up Indian car market
Chennai: With its product portfolio expected to jump to nine models soon from the current two and competition set to heat up the Indian car market next year, Nissan Motor India Pvt Ltd, a wholl....
- Tata Nano to be featured at New York design museum
Washington: The Tata Nano, designed to be the world's most affordable car, will be on view at prestigious Smithsonian's Cooper-Hewitt National Design Museum in New York from Feb 18 thro....
- No new Bajaj scooters from the end of 2009-10 fiscal
New Delhi: Bajaj Auto has decided to put a stop on the production of its legendary Bajaj scooters. Instead, it will aim fully on its motorcycle market.
Rajiv Bajaj, the Managing Direc....
- Massive November car sales in China, India
London: Passenger car sales for November rose 61 percent in India and nearly doubled in China in a sign that Asia is increasingly driving the global car industry, a national daily reported toda....
- Volkswagen, Suzuki stake deal sends Maruti stock up
Mumbai: Maruti Suzuki's scrip shot up 3.82 percent today after global auto giants Volkswagen AG and Suzuki Motor Corp announced a share swapping deal.
As per the partnership, Germ....
- Car sales rise 22 percent, two-wheelers up 17 percent
New Delhi: Passenger car-sales in the domestic market soared 22.06 percent in the first eight months this fiscal while two wheeler-sales jumped 17.63 percent, according to the Society of Indian....
- Indian partner buys out Mitsubishi stake in Eicher
Mumbai: Eicher Motors, the Indian partners of the joint venture with Mitsubishi, bought out the Japanese auto giant's stake, according to data available with the Bombay Stock Exchange (BSE)....
- Bajaj November sales zoom 73 percent
Mumbai: The country's second-largest motorcycle maker, Bajaj Auto, today said its sales surged 73 percent in November to 276,759 units as against 159,747 units sold in the same month last y....
- GM India November sales up 65 percent
Mumbai: The Indian arm of the US-based auto giant General Motors has reported a 65 percent jump in its November sales as compared to the corresponding month last year.
General Motors ....
- Yamaha sales up 2 percent in November
New Delhi: Two-wheeler maker India Yamaha Motor has reported a 2 percent jump in its November sales over the corresponding month last year.
The company sold 17,055 units last month as....
- TVS logs 23 percent sales increase in November
Chennai: The country's third largest two-wheeler company TVS Motor registered sales of 120,844 units last month, an increase of 23 percent over the 98,402 units sold in November last year.
....
- Hyundai India monthly sales up 6.8 percent
New Delhi: India's second largest car maker Hyundai Motor India todaysaid sales during November stood at 55,265 units, a growth of 6.8 percent over October, while exports increased 15.65 pe....
- Maruti sales up 84 percent a year after worst show
New Delhi: Car major Maruti Suzuki today said sales for November stood at 87,807 units, a rise of 84 percent over the like month last year when the company was hit hardest due to a demand slowd....
- Labour trouble brews again in Hyundai Motor
Chennai: Hyundai Motor India Employees Union, which served a strike notice last week over a contentious labour union election issue, is expected to convene a general body meeting soon to chalk ....
- TVS Motors launches India's first auto-clutch bike
Chennai: Two-wheeler maker TVS Motor launched India's first auto-clutch bike "Jive" priced at Rs.41,000, and an automatic scooter "Wego" here today.
"With Jive....
- Fiat India to roll out CNG-run car next year
Kolkata: Fiat India plans to launch its first compressed natural gas (CNG)-run car for the domestic market in the April-June quarter of 2010, a top company official said here today.
&....
- Hyundai's new chief, workers hope for cordial ties
Chennai: Hyundai Motor India's new managing director and CEO Han Woo Park as well as workers are hoping for cordial industrial relations at the company's two plants near here.
....
- West Bengal's auto park on 'go-slow' mode
Kolkata: The construction of the proposed auto component park in West Bengal is likely to begin next year, a senior state government official said here today.
"It will take at lea....
- Passenger car sales grow 34 percent, highest in two years
New Delhi: The festive season gave an impetus to passenger car sales, which grew almost 34 percent in October from the like period last year, a rate of increase not seen in over two years, acco....
- Volvo-Eicher buses to hit roads in 2010
New Delhi: The joint venture between heavy vehicle manufacturers Volvo and Eicher Motors will begin production of buses in the second half of 2010.
"Production will start in the s....
- Bajaj, Renault-Nissan to launch low-cost car in 2012
New Delhi: The head of Renault-Nissan today said the venture to manufacture a low-cost car with India's Bajaj Auto was on track and the new car would be out in another three years.
....
- Indian economy revives - rate of employment goes up in automobile industry
New Delhi: The effects of the recovery of Indian economy have rubbed off on a couple of companies that are now resuming their employment operations. Companies, operating in the services and man....
- Renault Nissan to open Chennai factory early next year
New Delhi: Despite his Indian alliance not going as smoothly as expected, the head of Japan's Nissan Motors and France's Renault SA, Carlos Ghosn said their venture will be opening thei....
- Audi partners World Economic Forum's India summit
Mumbai: German luxury car maker Audi will partner with the World Economic Focrum's India Economic Summit by providing its premium model cars for failitating the travel of delegates attendin....
- Hyundai India looking overseas for talent
Chennai: The country's second largest car manufacturer, Hyundai Motor India, is looking overseas for talent at the levels of general managers and group heads for its product design and mark....
- Indian outsourcing to figure at British 'summit' on Jaguar Land Rover
London: British union leaders are to meet lawmakers from a key manufacturing belt on Wednesday in what has been dubbed an 'MPs' summit' to discuss the fate of thousands of workers f....
- Hyundai Construction to focus on Uttar Pradesh
Lucknow: Hyundai Construction Equipment India has said it will focus on the Uttar Pradesh market to boost the sales of its construction equipment.
"We are aware of the potential....
- Maruti sales up 32 percent in October
Mumbai: India's leading car maker, Maruti Suzuki, today said it sold 85,415 vehicles in October as against 64,490 units in the corresponding month last year, registering a growth of over 32....
- Ashok Leyland half-yearly net falls 18 percent
Chennai: Commercial vehicle manufacturer Ashok Leyland today said its profits in the first half this fiscal fell 18 percent to Rs.96 crore, as compared to Rs.117 crore earned in the correspondi....
- Mahindra and Mahindra net profit jumps 242 percent
Mumbai: Auto major Mahindra and Mahindra today said its net profit for the quarter ended on Sep 30 soared 242 percent to Rs.703 crore from Rs.206 crore in the like period last year.
T....
- MCC PTA India planning to treble revenue
Haldia: MCC PTA India Corp (MCPI), the Indian subsidiary of Japan's Mitsubishi Chemical Corp, is planning to increase revenue from its production unit here to Rs.5,000 crore from the presen....
- General Motors launches new sedan 'Cruze'
Chennai: General Motors (GM) today launched a new sedan "Cruze" in the Indian market and said its yet unnamed small car will hit the roads in December.
"About 72 percent o....
- Bajaj net profit more than doubles in second quarter
Mumbai: Two-wheeler major Bajaj Auto today reported a 117.85 percent rise in net profits to Rs.402.83 crore for the quarter ended on Sep 30 from Rs.184.91 crore in the like period last fiscal.
....
- Auto sales up 14 percent in first half this fiscal
New Delhi: Total automobile sales increased 14.51 percent between April and September this fiscal over that in the corresponding period last fiscal, as per data released by an industry body tod....
- TVS Motor eyes 50 percent three-wheeler market share
Kolkata: TVS Motor, the country's third largest two-wheeler manufacturer, is targeting a 50 percent market share of the three-wheeler segment in three years, a senior official said here tod....
- Honda warns to shut 2-wheeler plant operations in India
New Delhi: Due to persisting labour problems in India, another impediment in the foreign investor confidence is setting its mark as Japanese auto major Honda has warned to close the operations....
- Mercedes to run triple-axle luxury coaches in India next fiscal
Kolkata: Premium auto maker Mercedes-Benz plans to roll out triple-axle intercity luxury coaches on Indian roads in financial year 2010-2011, a top company official said here today.
&....
- BSA Motors unveils electric scooters in Delhi
New Delhi: BSA Motors, part of the Chennai-based Tube Investments, today unveiled five models of its electric scooters here.
The models, priced in the range of Rs.19,450 and Rs.27,200....
- Mercedes-Benz optimistic about Indian market
Jalandhar: Luxury car maker Mercedes-Benz is hopeful of achieving good sales growth in India in the coming months despite stiff competition from rivals like BMW and Audi.
"Last ye....
- Tata Motors sales up 6 percent in September
Kolkata: Global auto major Tata Motors sold 52,513 vehicles last months as against 49,647 units in September 2008, registering a growth of 6 percent, the company said on Oct 1.
"T....
- Pantnagar plant to be ready by April, says Ashok Leyland
Alwar (Rajasthan): Commercial vehicle manufacturer Ashok Leyland says it has not whittled down investments planned for this fiscal on account of the economic slowdown, and denied it had put the....
- India Yamaha sales up 160 percent in September
New Delhi: Two-wheeler major India Yamaha Motor has reported 160 percent increase in sales in September.
The company sold 26,394 units last month as against 10,142 units sold in Septe....
- Nissan reveals sketch of its compact car
Chennai: Japanese auto major Nissan Motors today unveiled the first sketch of its global compact car to be manufactured in five countries including India.
"We are serious and comm....
- Hyundai's domestic sales grow 25 percent in September
New Delhi: India's second largest car manufacturer Hyundai Motor today said domestic sales grew 24.6 percent to 27,803 units in September from 22,311 units it sold in the corresponding mont....
- Reva to roll out two new electric cars soon
Bangalore: The maker of India's sole battery-run car, Reva Electric Car Co., is setting up a second plant in the country's tech hub to roll out two new models next year for domestic and....
- Volkswagen India plans to double distribution network
Chennai: German auto giant Volkswagen is planning to double its distribution network in India and increase brand spend before its much awaited entry into the country's small car segment ear....
- Ford launches small car Figo
New Delhi: US auto giant Ford Motor Co today unveiled its first small car for the Indian market, "Ford Figo".
The Figo, which is colloquial Italian for "cool", will be....
- Audi India targets sales of 1,500 cars this year
Chennai: Audi India is targeting sales of 1,500 cars this year, an increase of over 450 from 2008, and hopes to capture 15 percent share in the domestic luxury car market.
"Going....
- Nissan Motor launches luxury sedan Teana in India
New Delhi: Auto major Nissan Motor India on Wednesday launched the second generation model of its luxury sedan "Teana" in two variants in Indian market.
Priced at Rs.21.03 lak....
- Yamaha launches superbike for Rs.20 lakh
New Delhi: Two-wheeler manufacturer Yamaha India today rolled out a super bike, V Max, priced at Rs.20 lakh.
The company also launched a limited edition of the Fazer and SZ Series mod....
- UCO Bank inks deal with Mahindra for car financing
Kolkata: UCO Bank has signed an agreement with auto major Mahindra and Mahindra for car financing, a top official of the bank said here today.
The bank will offer financing facilities....
- Used car dealers in Chandigarh protest market's relocation
Chandigarh: Dealers in Chandigarh's used cars are up in arms against the administration's move to relocate the market, which is said to be the biggest in the country.
Dealers ....
- India logs 26 percent spurt in car sales
New Delhi: Even as auto companies worldwide are in a slump, India saw a 25.59 percent growth in the sale of passenger cars in the domestic market in August, compared to the like month of last y....
- Ford India on track to launch small car
Chennai: Ford India Pvt Ltd's proposed small car will be fitted with 1.2 litre petrol and 1.5 litre diesel engines in order to satisfy the Indian government's definition of a small car,....
- Audi to assemble its sports utility vehicles in India
New Delhi: German luxury car manufacturer Audi AG today said it would start assembling its sports utility vehicle (SUV) Q5 at its Aurangabad plant in Maharashtra from next March.
"....
- Political solution needed first on Singur land: Nirupam Sen
Kolkata: A political solution was necessary before any decision on the Singur land, the West Bengal government said today, a day after the Tata Group said it would return the land if it was rep....
- Hyundai's August sales jump nearly 11 percent
New Delhi: Hyundai Motor India, the country's second largest car manufacturer and the largest passenger car exporter, today reported a growth of 10.7 percent in sales in August.
T....
- Tata Motors may return Singur land if compensated
Kolkata: Tata Motors group chairman Ratan Tata today said the company was prepared to return the land it was given at Singur for its Nano car factory to the West Bengal government provided it w....
- TVS Motor sales jump 11 percent in August
Chennai: Two-wheeler manufacturer TVS Motor today reported an 11 percent growth in August, totting up sales of 126,842 units as against 114,321 units sold in the corresponding month last year.
....
- Maruti reports 41.6 percent jump in August sales
New Delhi: Passenger car leader Maruti Suzuki India today reported sales of 84,808 vehicles in August, registering a growth of 41.6 percent over that in the corresponding month last year.
<....
- Tata Motors posts Rs.329 crore loss in Q1
Mumbai: The high-priced acquisition of Jaguar Land Rover (JLR) and dipping volumes have taken their toll on Tata Motors, which reported a loss of Rs.328.78 crore in the first quarter ended on J....
- Hyundai to phase out Getz, launch redone Santro
New Delhi: Hyundai India Motor today said it will phase out its premium hatchback Getz by 2011 but launch a revised version of Santro next month.
"The Getz will be phased out in t....
- Maruti Suzuki expects 10 percent growth in first half
New Delhi: Maruti Suzuki, India's largest car maker, today said it had overridden the downturn and expected to grow more in the first half of this fiscal than in the year-ago period when th....
- Tata Motors to launch light commercial vehicle
New Delhi: Tata Motors today said it is planning to launch a light commercial vehicle in the Indian market sometime soon.
"We are looking at launching a sub-one-tonne carrier quit....
- Honda Siel expects double digit growth this fiscal
New Delhi: Honda Siel cars today said it expects a double-digit growth this fiscal despite a sharp drop in sales of some of their models.
"The market sentiment is better and the a....
- Hyundai expects to sell 5.5 lakh units
New Delhi: Hyundai India Motor Limited today said it expects to sell about 5.5 lakh units, including exports, this fiscal year.
"We expect to export about 2.7 lakh vehicles and ab....
- Honda Siel expects double digit growth this fiscal
New Delhi: Honda Siel cars today said it expects a double-digit growth this fiscal despite a sharp drop in sales of some of their models.
"The market sentiment is better and the a....
- Pawan Goenka is new automobile society president
New Delhi: "Growth with responsibility" will be the mantra of new SIAM(Society of Indian Automobile Manufacturers) President Pawan Goenka who took charge of the organisation today.
....
- Ashok Leyland sees industry sales dipping 3-5 percent
Kolkata: Commercial vehicles and bus maker Ashok Leyland sees industry sales down by 3-5 percent during the second half of 2009-10 on the likely impact of a poor monsoon, a company official sai....
- Maruti Suzuki launches new Estilo sans popular Zen prefix
New Delhi: Indo-Japanese car maker Maruti Suzuki today launched a new petrol version of its hatchback Estilo, priced between Rs.3.12 lakh and Rs.3.95 lakh at showrooms in the national capital. ....
- Toyota launches sports utility vehicle Fortuner
New Delhi: Japanese car maker Toyota Kirloskar Motor (TKM) today launched its sports utility vehicle (SUV) Fortuner here.
Priced at Rs.18.45 lakh -- ex-showroom in Delhi -- the Toyota....
- Toyota launches SUV Fortuner
New Delhi: Japanese car maker Toyota Kirloskar Motor Pvt Ltd today launched its Sports Utility Vehicle (SUV) Fortuner here.
Priced at Rs.18.45 lakh (Rs.1.845 million) -- ex-showroom i....
- Haryana allots 700 acres for Maruti's new plan
Rohtak: Passenger car manufacturer Maruti Suzuki has been allotted 700 acres here by the Haryana government for its proposed research and development (R&D) facility.
A land allotm....
- Mercedes-Benz launches special edition model
New Delhi: Premium car manufacturer Mercedes-Benz India today launched its special edition C-class model here.
The petrol variant is priced at Rs.28.46 lakh and the diesel at Rs.31.3 ....
- Fiat India to focus on overseas markets
New Delhi: Fiat India has set an ambitious target of exporting 7,000 cars this fiscal, up from just 800 in 2008-09.
The company on Wednesday said in a statement that it would focus mo....
- Zooming passion for superbikes in India overrides cost factor
New Delhi: A niche market for superbikes is quietly picking up pace in India, with enthusiasts increasingly seeking that tantalising rush of adrenaline, undeterred by the high prices of these r....
- Tata Motors secures funding for Jaguar-Land Rover
Mumbai: Auto major Tata Motors today said it has secured funding from commercial banks for its luxury unit Jaguar-Land Rover and no longer needs financial assistance from the British government....
- Tata Motors secures funding for Jaguar-Land Rover
Mumbai: Auto major Tata Motors today said it has secured funding from commercial banks for its luxury unit Jaguar-Land Rover and no longer needs financial assistance from the British government....
- Car sales jump 31 percent in July
New Delhi: Domestic car sales shot up by nearly 31 percent to cross 115,000 units in July, from about 88,000 units in the same period a year ago, an industry body said today.
Sales of....
- Car sales jump 31 percent in July
New Delhi: Domestic car sales increased by nearly 31 percent to cross 115,000 units in July from about 88,000 units in the same period a year ago, an industry body said today.
Sale of....
- Fledgling Kolkata firm takes on mobike biggies
Kolkata: A 29-year-old former banker has a dream: taking on the big guns of India's two-wheeler segment through his range of mobikes, not only on home turf but also in Bangladesh, Nepal and....
- Hyundai sales surge 54 percent in July
New Delhi: Passenger car major Hyundai Motor India today said its domestic sales jumped 54 percent to 23,193 units last month as against 15,066 units in July 2008.
The company reporte....
- TVS Srichakra to commission Uttarakhand tyre plant in September
Chennai: The Rs.576 crore-turnover two and three wheeler tyre manufacturer TVS Srichakra Ltd will be commissioning its 3.6 million-tyres per annum plant at Uttarakhand in September, an official....
- Maruti sales up 33 percent in July
Mumbai: India's largest car maker Maruti Suzuki today reported a 33.4 percent increase in sales for July to 78,074 units compared to 58,543 units in the same month last year. Of these 10,54....
- TVS Motors net profit surges 158 percent
Mumbai: Two-wheeler major TVS Motors today reported a 158 percent jump in its net profit to Rs.18.12 crore in the first quarter this fiscal as compared to Rs.7.02 crore in the like period last ....
- Americans now want Indian, Chinese cars: survey
Washington: Every fourth new car buyer in the US is now ready to buy the next vehicle from India or China, threatening to challenge the dominance of Japanese and Koreans in the American auto ma....
- Mahindra & Mahindra posts Rs.400 crore net profit
Mumbai: Auto major Mahindra and Mahindra today reported a net profit of Rs.400.8 crore for the quarter ended on June 30, up from Rs.159.3 crore in the like period last year.
The compa....
- Hyundai workers end strike, sign deal with management
Chennai: The six-day workers' strike at the Hyundai Motor plant near here came to an end on Tuesday following an agreement between employees and the company management.
The agreem....
- Hyundai workers end strike after deal with management
Chennai: The six-day workers' strike at the Hyundai Motor plant near here came to an end today following an agreement between employees and the company management.
The agreement h....
- Talks on to resolve strike in Hyundai Motors
Chennai: Discussion are on between the management and workers of Hyundai Motor India Limited, who went on strike on Thursday, and company officials are hopeful of a amicable solution today.
- Talks end in stalemate between Hyundai and workers
Chennai: Talks between the striking workers and management of Hyundai Motor India ended in a stalemate on Saturday as the shutdown at two plants of the car factory entered the third day.
- Hyundai India to shift i20 export production to Europe
Chennai: The country's second largest car maker Hyundai Motor India will shift the production of its i20 model for exports from here to Europe some time next year, a top official said today....
- Hyundai Motor raises wages of factory workers
Chennai: The country's second largest car maker Hyundai Motor India today announced 21-24 percent wage hike for workers at its plant near here.
The three-year wage agreement is ef....
- Global car breakdown service launches operations in India
Mumbai: Stranded on the road due to a vehicle breakdown and no help around? Not any more. Europ Assistance, an international firm in the field of professional automotive assistance services, ha....
- Carmaker Volvo to expand footprint across India
Hyderabad: Volvo Car India, the Indian arm of Swedish car major Volvo Car Corp, is upbeat about the Indian luxury car market and is gearing up to expand its footprint across the country.
- Tata keeps promise, delivers world's cheapest car
Mumbai: A gleaming lunar silver-coloured Nano was handed over to a proud owner here today to mark the commercial rollout of the jellybean-shaped small car, which has been drawing global attenti....
- Tata hands over first three Nano cars to customers
Mumbai: A gleaming lunar silver-coloured Nano was handed over to a proud owner here today to mark the commercial rollout of the jellybean-shaped small car, which has been drawing global attenti....
- Mahindra & Mahindra to enter US market
Washington: Indian vehicle manufacturer Mahindra & Mahindra Ltd is set to enter the US market with a diesel-powered pickup later this year, the first vehicle produced in India for sale in A....
- Yamaha focuses on bike-touring culture to push sales
New Delhi: With television shows like MTV Roadies promoting the culture of touring on motorcycles, Yamaha India is planning to cash in on the trend and organise rallies to push sales.
....
- India to get second electric car plant by 2011
Chennai: Tamil Nadu will soon get its first battery-powered car plant, and India its second, to be set up by electric vehicle manufacturer Bavina.
According to a government statement ....
- Hindustan Motors to revise vehicle prices today
Kolkata: Automobile major Hindustan Motors on Monday said it will revise prices of various vehicle models to pass on to its customers the benefit of excise duty cut on certain categories of car....
- Excise duties for big cars reduced
New Delhi: The government today reduced duties on large cars while unveiling the 2009-10 budget proposals. A leading NGO said this would increase air pollution in a big way.
In his b....
- Ashok Leyland to hive off design engineering unit
Chennai: India's second largest commercial vehicle manufacturer Ashok Leyland is looking to spin off its design engineering unit Defiance Technologies into a group company, Defiance Tech Lt....
- Hyundai sales up by 17.6 percent
New Delhi: Passenger car manufacturer Hyundai Motor today said its sales (including exports) rose 17.6 percent to 47,267 units in June as against 40,182 units in the same month last year.
<....
- Jaguar, Land Rover models launched in India
Mumbai: Nearly 16 months after acquiring the iconic Jaguar and Land Rover brands, Tata Motors formally launched the luxury cars in India here today.
Tata Motors chairman Ratan Tata sa....
- TVS Motor's net falls marginally
Chennai: The city-based two- and three-wheeler manufacturer TVS Motor closed 2008-09 with a 13 percent growth in turnover and a marginal decline in net profits as compared to the previous fisca....
- HM to launch upgraded Winner truck in Delhi
Kolkata: Automobile manufacturer Hindustan Motors will launch the Bharat Stage Four (BS IV) version of its mini-truck Winner in the national capital shortly, a top company official said here to....
- Fiat launches small car Grande Punto
New Delhi: A week after Honda entered the small car segment in the Indian market, Italian auto major Fiat today launched the globally available Grande Punto, its third small car offering in the....
- Bosch to supply brake solutions for Tata Nano
Ahmedabad: Bosch Automotive Electronics India, a 100 percent subsidiary of the Bosch group, will supply brake solutions for the world's cheapest car, the Tata Nano, the company said today.
....
- Honda ventures into the compact market
New Delhi: A day after the Japanese car maker Honda celebrated 50 years of venturing overseas, the company Wednesday launched Jazz, its first compact offering for the Indian market.
....
- Honda launches small car Jazz in India
New Delhi: Leading car maker Honda Motor Co launched its maiden compact car Honda Jazz today in the Indian market, priced in the range of Rs.6.98 lakh and Rs.7.33 lakh.
The launch of ....
- Toyota launches Land Cruiser in India
Mumbai: Auto major Toyota Kirloskar Motors (TKM) today launched its eighth generation Land Cruiser sports utility vehicle (SUV) in the Indian market, priced in the range of Rs.81.64 lakh and Rs....
- Mahindra may start assembling in South Africa in 2010
Johannesburg: Indian auto major Mahindra and Mahindra will likely start assembling vehicles in South Africa from early next year, according to the new chief executive of Mahindra South Africa, ....
- India's passenger vehicle sales continue erratic run
New Delhi: Continuing the erratic growth cycle registered in the past five months, India's passenger car sales fell by almost 0.8 percent in May to about 140,500 units, compared to the near....
- India plans on track: GM MD
New Delhi: General Motors India is one of the key assets of GM Corporation globally and will remain part of the restructured company after bankruptcy proceedings, country president and managing....
- Bajaj sales down by 8.1 percent in May
Mumbai: Bajaj Auto, the country's second largest two-wheeler manufacturer, has reported 8.1 percent fall in its motorcycle sales last month.
The company said in a statement today ....
- India investment plans on track, says Nissan
Chennai: Japanese auto major Nissan Motor Co today said its partner Renault's decision to suspend investments in the joint venture's upcoming manufacturing facility near here would not ....
- GM India unaffected by parents' bankruptcy petition
Chennai: Even as its American parent General Motors (GM) has filed a bankruptcy petition, its Indian subsidiary GM India announced on Monday that it remains unaffected.
GM has filed a....
- TVS Motor sales up 5 percent in May
Chennai: City-based two-wheeler manufacturer TVS Motor Co today reported 5 percent growth in its last month sales at 118,574 units, compared to 112,770 vehicles sold in May 2008.
The ....
- Mahindra sales slip by 14.1 percent in May
New Delhi: Auto major Mahindra and Mahindra sold 16,581 vehicles (including three wheelers) in the domestic market last month, 14.1 percent down from 19,296 units it sold in May 2008.
....
- Hyundai domestic sales down 4.1 percent, exports up
New Delhi: Hyundai Motors, the country's second largest passenger car maker, today registered a 4.1 percent decline in domestic sales in May even as its exports jumped 27.8 percent during t....
- Maruti Suzuki sales up 15.7% in May
New Delhi: Passenger car market leader Maruti Suzuki India Limited today reported a 15.7 percent surge in its sales in May.
The company sold 79,872 units, including 9,087 exported uni....
- Mahindra net down by 22.2 percent
New Delhi: Auto major Mahindra and Mahindra (M&M) today reported a 22.2 percent decline in its net profit for 2008-09 at Rs.858.7 crore, down from Rs.1,103.3 crore reported the year before.....
- Tata extends deadline on Jaguar bridge loan
New Delhi: Passenger and heavy vehicle manufacturer Tata Motors has extended the maturity deadline on a bridge finance of $1 billion raised for financing the Jaguar Land Rover (JLR) deal struck....
- MRF lifts lockout in Arakonam, strike enters 19th day
Chennai: Tyre major MRF lifted the lockout at its Arakonam plant today, but the unit's striking workers and their family members, including children, camping outside the labour commissioner....
- Mahindra launches CNG pick-up truck
New Delhi: Auto major Mahindra and Mahindra (M&M) today launched a CNG variant of its existing pick-up truck Maxx Maxi.
Priced at Rs.379,900 ex-showroom Delhi, the Maxx Maxi Truck....
- Hyundai launches Accent model to run on cooking gas
New Delhi: Hyundai Motors today launched an LPG variant of its popular mid-sized sedan Accent, complementing the existing petrol, diesel and CNG variants already available.
Dubbed the....
- Bajaj Auto net slips 13.2 percent
Mumbai: The country's second largest two-wheeler maker, Bajaj Auto, today reported a 13.2-percent decline in net profit for 2008-09 while managing a 7.8 percent increase in fourth quarter p....
- MRF workers may return ration, voter cards
Chennai: Striking workers at tyre major MRF's Arakonam and Puducherry plants could surrender their ration and voter identify cards in protest against the wage agreement signed with a rival ....
- Maruti Suzuki plans to export 1.3 lakh units this fiscal
Chennai: India's largest car maker Maruti Suzuki, with a turnover of almost Rs.20,500 crore, is hoping to nearly double its exports this fiscal, said a company official here today.
....
- Mahindra's workers resume work at Igatpuri plant
Mumbai: Auto major Mahindra and Mahindra (M&M) today said its employees have withdrawn their tools-down strike at its plant near Maharashtra's Nashik town.
The workers went on....
- Tata Motors to hike wages despite slowdown
Kolkata: Auto major Tata Motors on Monday said it would hike wages of its employees this fiscal despite the effects of the slowdown, though the increment may not be in tune with that of previou....
- Ashok Leyland to use Nissan-Renault's Chennai facility
Chennai: Ashok Leyland Nissan Vehicles, whose proposed plant here to make commercial vehicles has been delayed due to land acquisition problems, may use the car manufacturing facility of Nissan....
- Audi opens terminal showroom in Kochi
Kochi: German luxury car maker Audi today opened its flagship terminal showroom in Kochi.
'Audi Kochi', the company's first terminal showroom in the country that exemplifi....
- After Tata, Maruti launches its small car
New Delhi: It seems small cars are in vogue in India with Maruti Suzuki India launching its latest small car Ritz today. Ritz is launched just few months after Tata came up with its much cheris....
- Car sales up four percent in April
New Delhi: Domestic car sales grew 4.2 percent in April to 102,899 units from 98,752 units the corresponding month the previous year, a leading industry body said today.
Two-wheeler s....
- Domestic automobile sales up by 10.76 percent
New Delhi: Automobile sales in the country grew nearly 11 percent in April over the corresponding month the previous year largely due to a handsome growth registered by two-wheeler sales, a lea....
- Tata plans to raise 1 bn pound to keep JLR afloat: Report
London: Indian conglomerate Tata group-owned Jaguar Land Rover (JLR) is planning to raise up to 1 billion pound by September to keep the cash-starved company afloat without the British governme....
- Hyundai Motor may shift some car production from India
Seoul: South Korean car giant Hyundai Motor said today it is considering shifting production of one of its premium models to Europe from India.
"Hyundai Motor is considering movin....
- Mahindra kick-starts two-wheeler foray with Flyte
Chennai: Mahindra and Mahindra Limited, part of the $6.7-billion Mahindra Group, today introduced 'Flyte', its first two-wheeler offering, across all markets in India.
The Fl....
- Tata registers 203,000 bookings for Nano
Mumbai: Tata Motors today said it has received 203,000 bookings with a total booking amount of Rs.2,500 crore ($502 million) for its small car Nano.
"The Tata Nano website recorde....
- Honda's Jazz to set out with Rs 7 lakh tag
New Delhi: Honda's Jazz is all set to roll out and hit Indian roads on June 10 but the car is likely to cost close to Rs 7 lakh (ex-showroom Delhi), making it the most-expensive hatchback m....
- Toyota India set to increase production from May
New Delhi: Japanese carmaker Toyota will increase its vehicle production to full capacity in India in the next two months.
The company, which operates in India through a joint venture....
- Auto sales start FY 2009-10 on a positive note
New Delhi: Auto sales started the new financial year (2009-10) on a promising note with major car and bike companies reporting fair amount of growth in April, signalling that market is turning ....
- Mahindra sales rises by 16.6 percent
New Delhi: Mahindra and Mahindra Ltd has posted a 16.6 percent increase in its domestic sales last month at 22,617 vehicles as against 18,447 units in April 2008.
The company's co....
- Hyundai domestic sales up 3.4 percent
New Delhi: Hyundai Motor India, the second largest car manufacturer in the country, recorded a 3.4 percent growth in its domestic sales for April 2009 at 22,247 units against 21,510 sold the s....
- Yamaha sales up 48 percent
New Delhi: Two-wheeler manufacturer Yamaha Motors, which last year expanded its portfolio to include premium bikes, has recorded a 48 percent surge in sales last month.
The company so....
- JLR to be launched in Indian roads in June
Mumbai: Tata Motors-owned British luxury car maker Jaguar Land Rover (JLR) is set to launch its premium brands in the Indian market next month, the company said in a statement today.
....
- BMW India opens new outlet in Coimbatore
Coimbatore,Tamil Nadu: BMW India declared the opening
of Kun Exclusive in Coimbatore, a satellite facility of Kun Exclusive, Partner for BMW India in Tamil Nadu.
The new sales and se....
- Ceat posts loss of Rs.16 crore in 2008-09
New Delhi: Tyre maker Ceat Limited today reported a loss of Rs.16.12 crore for the year ended March 31, 2009, even as the company's total income rose by a marginal 8 percent from the year b....
- Jaguar and Land Rover to enter Indian market this year
London: Jaguar and Land Rover, the two of Britain's iconic cars, are expected to make a grand entry into India in 2009.
The India foray of the two brands, which made their debut ....
- New Singur project to generate more jobs than Nano: Buddhadeb
Kolkata: West Bengal Chief Minister Buddhadeb Bhattacharjee today said a factory to be built on the land in Singur that Tata Motors had abandoned would "generate more employment" than ....
- Indian auto sales up 10.61 percent
New Delhi: Indian automobile manufacturers sold 1.04 million vehicles in Feburary, up 10.61 percent from 942,955 units sold in the same period last year, official data showed today.
The So....
- First Nano to roll out of Gujarat plant end 2010
Ahmedabad: The first Nano ? the world's cheapest car ? is expected to roll out of the Tata Group's Rs.2,000 crore (Rs. 20 billion/$3.86 billion) Sanand plant in Gujarat by end 2010, company o....
- Mahindra launches new Scorpio
New Delhi: Auto major Mahindra and Mahindra (M&M) on Friday launched an upgraded variant of its popular sports utility vehicle (SUV) Scorpio at a price range of Rs.721,000 to Rs.999,000 (ex-sho....
- Tata Motors exhibits Nano's international avatar
Geneva: Tata Motors, makers of the $2,500 Nano small car, have decided to offer the world's least expensive passenger vehicle in the international market, the company announced at the Genev....
- Tata Motors February sales down 19.1 percent
New Delhi: Auto major Tata Motors on Monday said its last month sales went down 19.1 percent to 43,807 vehicles as against 54,181 units in February 2008.
The company said in a statement ....
- Mahindra sales up over 21 percent in February
New Delhi: Indian auto major Mahindra and Mahindra, part of the $6.7-billion Mahindra group, reported a 21.6 percent year-on-year increase in its three-wheeler and utility vehicle sales, se....
- Tata Communications, Etisalat jointly launch ethernet services
New Delhi: Tata Communications and the United Arab Emirates (UAE)-based telecom giant Etisalat on Monday jointly announced the launch of ethernet services in the emirates.
Ethernet is a ....
- Mercedes makers, dealer asked to compensate for misleading consumer
New Delhi: Daimler Chrysler, makers of luxury car Mercedez Benz, and one of its dealers here have been asked to pay Rs.500,000 by a consumer court for misleading a customer by selling a limit....
- Maruti Suzuki sales up 24 percent in February
New Delhi: Four-wheeler major Maruti Suzuki India sold 79,190 vehicles including exports in February, up 24.1 percent over the corresponding month in the last fiscal year, the company said on....
- TVS Motor logs 13 percent sales growth in February
Chennai: Two-wheeler manufacturer TVS Motor has posted a 13 percent growth in sales in February, selling over 107,300 units as compared to the sales figure of 95,235 units for the correspon....
- Volkswagen India to follow mixed vendor policy
Chennai: German car maker Volkswagen's India arm, which is setting up a 110,000-unit plant in Maharashtra, on Tuesday said it will follow mixed vendor policy in the country.
"The issue o....
- General Motors sees more sales in non-metros, towns
Bangalore: The Indian subsidiary of US auto major General Motors (GM) has seen a dramatic shift in the purchase of its vehicles in the Indian sub-continent, with non-metros and towns accoun....
- Suzuki India targets 10 percent share in 150cc segment
Chennai: Japanese two-wheeler manufacturer Suzuki's Indian subsidiary hopes to capture a 10 percent market share in the growing 150cc motorbike segment with its new model GS150R, said a compa....
- Sundaram Brake to raise Rs.150 mn from rights issue
Chennai: Automobile brake lining manufacturer and part of TVS Group, the Rs.1.87-billion Sundaram Brake Linings, has decided to tap its shareholders for working capital needs.
The company'....
- Reva to launch new electric car, set up plant
New Delhi: Electric car maker Reva Electric Car Co. on Thursday announced that it will launch a new model powered by advanced battery technology this year and also set up its second manufactu....
- Hyundai India's domestic sales down 13.5 percent
New Delhi: Auto major Hyundai Motor India today said its domestic sales in January were down 13.5 percent to 21,016 units from 24,301 units for the corresponding month last year.
However, to....
- Maruti registers highest monthly sales in January
New Delhi: Leading car manufacturer Maruti Suzuki registered its highest-so far monthly sales - 71,779 units - in January, it said here today.
The company's domestic sales went up 5.6 percen....
- FICCI seeks more incentives for auto industry
New Delhi: Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) Saturday urged the government to offer more incentives to the domestic auto industry and encourage fore....
- Auto industry recovering from crisis: former Maruti chief
Kolkata: Former managing director of Maruti Suzuki Jagdish Khattar on Wednesday said the condition of the slowdown-hit auto industry was improving since November.
"What we are seeing is a ....
- Fiat launches new model, plans doubling sales by 2010
Kolkata: Car manufacturer Fiat India is likely to double sales by 2010, a top company official said here on Thursday.
"We are anticipating more than 40,000 sales in the current year (2009) a....
- Haryana, Maruti to set up Rs.250mn driving school
Chandigarh: Haryana has tied up with automobile giant Maruti-Suzuki to set up a Rs.250-million (Rs.25-crore) driving training and research school in the state.
The foundation stone of the ....
- Birla Tyres to shut down Orissa unit once again
Bhubaneswar: Birla Tyres, a unit of the BK Birla group company Kesoram Industries, will shut down its Orissa plant once again on account of falling sales, a company official said on Friday.
....
- Skoda sales up nearly 32 percent in India
New Delhi: Czech carmaker Skoda?s sales in India went up by 31.9 percent in 2008, the company said in a statement on Wednesday.
Skoda?s global sales went up 7.1 percent to 674,530 units,....
- Commercial vehicle sales worst hit in December
New Delhi: The struggling auto industry continued to tumble for the fourth consecutive month with the commercial vehicle (CV) sales for December dipping 58.2 percent and overall sales decli....
- Reliance Digital to sell Reva cars
Hyderabad: Reliance Digital, the consumer electronics arm of Reliance Retail, will sell Reva electric cars through its outlets across the country.
Initially, Reliance Digital will sell the R....
- Petrol to be cheaper by Rs 5, diesel Rs 2
New Delhi: India today allowed its state-run fuel retailers to cut prices of gasoline and diesel for the first time in 22 months to give a boost to its slowing economy, with cushion coming f....
- Hindustan Motors launches mini-truck
Kolkata: Indian auto major Hindustan Motors Ltd (HML), which unveiled its 'HM-Shifeng Winner' mini commercial vehicle Tuesday, said it will launch two more variants of the mini-truck with Ch....
- Anand Automotive to invest Rs 6 bn, set up 13 plants
New Delhi: Despite the slowdown in the automobile sector, automotive components and systems manufacturer Anand Automotive Systems plans to invest Rs 6 billion (Rs 600 crore) to set up 13 plants....
- Maruti launches new car, seeks to increase exports
New Delhi: Auto major Maruti Suzuki on Tuesday launched a new model targeted at the mid-priced segment, and said it hoped to export it to over 150 countries. Priced in the Rs 347,000-Rs 412,000....
- Nano not to be displayed in Jharkhand Trade Fair
Ranchi: People of Jharkhand were eagerly waiting for the Jharkhand Trade Fair, which began today, for having a glimpse of the world's most inexpensive car- Nano but they felt disappointed as th....
- Hindustan Motors to become a component maker
New Delhi: Hindustan Motors, maker of the Ambassador, for long the iconic Indian car, is moving ahead to become more of an automobile component manufacturer than developer of new models, accord....
- Automobile industry faces shortage of skilled workers
Chennai: The automobile industry is facing a huge shortage of skilled workers in the after-sales network field, industry leaders said today. With the dramatic jump in vehicle population on Indi....
- Hindustan Motors posts $3.6 mn loss
Mumbai: Hindustan Motors Ltd, part of the CK Birla group, has posted a net loss of $3.6 million for the second quarter this fiscal, compared to $62,000 in the year-ago period. "Rising input cos....
- Nissan signs MoU with Ennore for exporting vehicles
Chennai: Japanese automaker Nissan Motor today entered into an agreement with Ennore Port Ltd to export its vehicles from India.
"We are happy to sign an MoU with Ennore Port Ltd and it would ....
- Guj to charge Tatas Rs 900 per sq mt for Nano land
Gandhinagar: The Gujarat government today decided to charge Rs 900 per square meter from Tatas for the 1,100 acre land given for Nano Car Project in Sanand, officials sources said. The state ca....
- Tata Motors acquires majority stake in Norwegian firm
New Delhi: Tata Motors on Tuesday said that its UK subsidiary Tata Motors European Technical Centre Plc has acquired majority stake in Norwegian electric vehicle firm Miljo Grenland Innovasjon,....
- Tatas conducts site inspection for Nano in Karna
Hubli: Senior Tata Motors officials today conducted a site inspection at three places in and around the twin cities of Hubli and Dharwad in Karnataka which is trying to woo the automobile major....
- Mitsubishi Outlander drives into India
New Delhi: Hindustan Motors and Mitsubishi Motors launched the Outlander, a crossover sports utility vehicle (SUV) from the Mitsubishi stable, in New Delhi today. The car, priced at Rs.2.02 mil....
- Rolls-Royce to drive in new cars to India
New Delhi: Super luxury carmaker Rolls-Royce will introduce new range of cars, which it is currently developing, in India by mid-2010 as it looks to cash in on the burgeoning number of billiona....
- Japanese auto major Toyota launches 'Corolla Altis'
New Delhi: Aiming to achieve a 10 per cent market share in the Indian passenger car market, Japanese auto major Toyota today launched an advanced version of its sedan, Corolla Altis, priced bet....
- Kamal Nath announces new perks for auto exports
New Delhi: The Indian automotive industry will be offered incentives for exporting to specific difficult markets, Commerce Minister Kamal Nath announced today. The Focus Product and Focus Marke....
- Mahindra and Mahindra supports Tata on Singur issue
New Delhi: Mahindra and Mahindra today came out in support of Tata Motors which has almost decided to pull out its Nano project at Singur. Speaking on the sidelines of a convention in the city,....
- Maruti Suzuki sales dip over 9 per cent in Aug
New Delhi: The country's largest passenger car-maker, Maruti Suzuki India Limited, today said that its sales have dipped in August for the first time in five months as a result of higher intere....
- Singur road blockade hits supplies to Hindustan Motors
Kolkata: As a traffic gridlock continued on a crucial national highway in West Bengal, another car manufacturer, Hindustan Motors, today suspended their production at their Uttarpara plant in H....
- State govt cannot return land to farmers: Buddhadeb
Kolkata: The West Bengal government today said that it was not possible to accede to the Trinamool Congress' demand to return 400 acres of land taken from unwilling farmers for the Tata Motors'....
- Tatas a victim of political conflict, says Kamal Nath
Singapore: Commerce and Industry Minister Kamal Nath today said that the Centre can play a facilitating role to break the Singur stalemate, while describing Tatas as a victim of conflict betwee....
- Tata Motors to expand Land Rover sales in India
New Delhi: India's largest automobile company Tata Motors will expand sales of the iconic British utility vehicle Land Rover in this country within the next one year, a top company official sai....
- Buddhadeb writes to Mamata again over Tata impasse
Kolkata: In a fresh bid to end the Singur land impasse, the West Bengal Chief Minister Buddhadeb Bhattacharjee today wrote another letter to Trinamool Congress chief Mamata Banerjee. TMC is on ....
- Tata Motors launches the next generation Indica Vista
New Delhi: India's largest automobile company Tata Motors today launched the next generation 'Indica Vista' in the Capital. "The second generation Indica Vista showcases the progress and learni....
- Rajasthan joins bid to woo Tata's Nano project
Jaipur: Rajasthan has become the latest to join several others in inviting the Tata Group to relocate to the state their Nano car project from Singur in West Bengal. On Sunday, Chief Minister V....
- Volvo Car to launch new models in India
Chandigarh: Volvo Car India (VCI), a division of Ford Motor Company, is planning to strengthen its dealer network and launch new models in the Indian market, the company's Managing Director Pau....
- Domestic passenger car sales fall 1.71 per cent in July
New Delhi: Domestic passenger car sales declined 1.71 per cent to 87,724 units in July - the first decline in about three years - a report of the industry trade body released today said.
Dilip....
- Hyundai India defers 3rd shift plan on slowdown fears
Chennai: India's second largest car manufacturer Hyundai Motor India Limited has deferred a decision to introduce a third shift at its new plant in Chennai, according to a top company official,....
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