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.
'It is going to be as high as 50% in the coming one or two months and can be about 20% to 25% in the medium term.'
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%.
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
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
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.
In 2015-16, the overall apple production in India stood at 2.8 million, bulk of which came from J&K, followed by Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Nagaland, Sikkim and Tamil Nadu
The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross
The news that Welspun has run into trouble with one of its biggest US-based clients has stressed its suppliers and investors alike
Only 10,059 tourists have visited the state this month compared to around 90,000 in July
If the Anandiben Patel administration was shaken by the Patidar agitation, the Vijay Rupani government would have to deal with the Jignesh Mevani-led Dalit movement.
Sources indicated that Tata Salt has set aside about 8-10% of their marketing budget for the Olympics this year.
Maruti Suzukisaid it was trying to offer more factory-fitted CNG cars to address environmental concerns
Savji Dholakia, the diamond magnate who sent away his son to gain a 'hands-on' life experience, likes to do things the hard way.
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