The industry was expecting to sell 3 million passenger vehicles for the first time in 2016-17, but now it seems a moot possibility.
M&M's used car biz becomes the first private firm to tie up with a bank for conducting online auctions of repossessed and off-lease cars. Ajay Modi reports.
Amid persistent fear of prosecution and penalty, people across income classes are looking for ways to do away with stacks of higher denomination currency.
German luxury car maker has expanded its product offering with the launch of 11 products this year.
It is immediately not clear how GST will impact the mass car market. Experts, however, say the level of tax on smaller cars will have to be at a differential to the sedans.
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
Maruti Suzuki growing in double-digits; Suzuki's Japan Q1 top line rose only 1%.
One of the smallest players in India's car market, it is banking on new-look Etios to make inroads into the personal vehicle segment
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
Dharmendra Pradhan lays bare the next course of action for his ministry and says RIL will have to pay the same price at which it produced the volumes.
Central Industrial Security Force chief OP Singh briefed Union Home Minister Rajnath Singh on the heightened arrangements at airports, ports and other vital installations guarded by the central force.
A number of companies, including Maruti Suzuki, Renault and Nissan, are giving gold coins to buyers who book cars by the month-end. There are other benefits as well, reports Ajay Modi.
The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross
The old guard is still involved in broad corporate decision-making, but quite a few new business heads have started making their mark at the group
The use of these bulbs is estimated to save 3,900 Mw of power, leading to an annual saving of Rs 7,990 crore
Only 10,059 tourists have visited the state this month compared to around 90,000 in July
Maruti Suzukisaid it was trying to offer more factory-fitted CNG cars to address environmental concerns
Little attention is being paid to keep roads, bridges and flyovers in good shape
The French car maker has gained a firm footing in the small car segment, and is well on its way to becoming the topmost European car brand in India
A large part of the credit for the Kwid's success goes to sourcing of local components. This allowed Renault to launch the car at Rs 256,000 in September 2015
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