Mahindra and Mahindra may have more than one trick up its sleeve for the much-publicised US debut in passenger vehicles.
In 2006, components worth $2 billion, around Rs 90,000 crore were exported by Indian companies, 75 percent of which were bought directly by car companies.
In the last two months, two-wheeler sales dropped to single digit (7 percent) compared with an average annual two-wheeler sales growth of over 14 percent (between April-December 2006).
The Society of Indian Automobile Manufacturers will shortly setup Asia's first 'online university' to cater to the education needs of the booming automobile sector fraternity.
The Tatas sold over 14,466 Indica cars, which was slightly lower than the sales of 14,592 units of the Santro hatchback in January.
Mitsubishi Motors will be strengthening its position in the high growth sports utility vehicle market by launching the all-new Outlander in early 2008.
The world's largest tyre manufacturer, Bridgestone Corporation, Japan, through its wholly owned subsidiary Bridgestone India
The Re 1 cut in diesel prices could lead Railway Minister Lalu Prasad Yadav to announce a reduction in passenger fares in the forthcoming Railway Budget.
SMILP, despite having an installed capacity to manufacture 100,000 vehicles, sold a little over half that number between April and December last year and 5,753 units in January 2007.
Expecting fierce competition in diesel cars, Tata Motors will launch an all-new generation of Indica cars from a new platform.
With fuel cost soaring to new highs, automobile firms are launching hybrid models to tackle the problem.
Once ICICI Bank, the market leader, announces the new rates, other banks too are likely to revise their automobile loan rates.
The car will adhere to the small car norms as specified by the union budget and thereby will benefit from the 16 per cent excise duty.
Maruti contributed over 29 per cent of Suzuki's net profit in April-December 2006, though it accounted for less than 7 per cent of its turnover.
With the diesel-powered vehicles looking to form a large chunk of the automobile market in the next three to four years, Ford India is planning to set up a diesel engine facility in its existing 350 acre complex in Chennai.
Luxury car manufacturer DaimlerChrysler's Indian subsidiary Mercedes is all set to introduce the new C-Class in the domestic market by early 2008.
International automakers have supported the Hyundai Motor's demand for a two-year notice period before any changes are made by the Indian government with regard to excise or custom duties for the auto sector.
Pitting itself directly against Maruti Swift Diesel, Tata Motors plans to launch a 1.3 litre diesel variant of its small car Indica with a common rail direct injection (CRDi) engine developed in-house in the next few months.
In what signals an emerging battle among small car manufacturers, Hyundai Motors India Ltd has asked the country's apex auto association to act against moves by "some pressure groups" to change the definition of a small car.
Hyundai Motors India has flown in over 90 robots from Korea to work on assembly lines in its factory near Chennai. The results are better than expectations
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances