An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
Dealers have stocked up vehicles in the run-up to a price hike, which is expected to be announced by leading players some time this month.
The five-acre facility, set up by M&M through a joint venture with government owned company MSTC, went on stream in April this year
Irrespective of the recent performance of Datsun, Nissan is ready to put more resources behind it.
The edge that Maruti Suzuki enjoys over Hyundai and other rivals stem primarily from its gigantic scale, reports Ajay Modi.
Toyota's India unit will also source two cars manufactured by Maruti Suzuki, the Baleno and Brezza, including their hybrid variants, and in return Toyota will offer its Corolla sedan to Maruti.
For players like Toyota Kirloskar and Ford, the contribution of UVs to overall sales is now well over 60%.
German Car maker Audi plans to offer cars that can do 400 km on a single charge, says Ajay Modi.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
Maruti launched the Baleno in May 2016 and the new Swift in February this year
A series of flip-flop on policies and a non-existent charging infrastructure are the biggest challenge in achieving the target of selling 6-7 million hybrid and electric vehicles by 2020.
The narrowing gap between petrol and diesel prices, an uncertainty around the future treatment of vehicles and low resale price of diesel cars are some of the apparent reasons for the strategy shift
Though Hero still leads by a wide margin in annual and monthly sales, for the first time, Honda has considerably bridged the sales gap with the Pawan Munjal-led firm in April lagging only by 12,134 units
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
According to Munjal, there is an opportunity for somebody who comes from a not for profit background in health care to do something.
The new tax regime has also been fuelling sale of SUVs, particularly the compact SUVs
'Tata A&D, when formed, will be better equipped to execute larger and more complex projects and be more globally competitive as part of the global supply chain.'
Rooms at this Kolkata hotel are priced between Rs 7,000-8,000 per night. Gateway is a full-service upscale hospitality brand under the Taj Group of Hotels.
The Mumbai headquartered company also overtook Japanese carmaker Honda to occupy the fourth spot in domestic passenger vehicle market.
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
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