Analysts say Bajaj's move to correct prices can potentially disrupt the market.
Trend researchers who come from design schools and have an art and sociology background are the latest foot soldiers in the struggle of auto companies to stay ahead in the competitive race.
The new obsession on cost control is powered by the company's 'GEAR' (Generate idea, evaluate, action and realise the idea) programme.
Tata, who attended the annual gala event at the National Centre of Performing Arts after five years, was alluding to Chandra's presentation on the performance of the Tata group of companies.
After Rs 800 million makeover, Bombay House reopened on July 29, 2018. The earlier dull interior with low technology has given way to a lot more colour and vibrancy.
The Porsche 911 RS is fast becoming a collector's item among India's high net worth individuals.
A digital configurator comprising a three-dimensional graphics-based app will allow customers to choose specifications and align the output generated by the tool to company's back-end manufacturing.
Some of the notable models set to make a debut next year include the Tata Harrier, the Mahindra S201, the Kia SP Concept, MG Motors' Boujun 530, and the Honda HR-V.
M&M also plans to significantly increase its play in the domestic market where it is already ahead of its rivals Tafe, Escorts, Sonalika Tractors by a wide margin
The models from Hyundai and Maruti, which might go on sale in October 2018 and February 2019, respectively, are set to revive a segment that had lost sheen to the compact SUV segment, lately
An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
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.
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.
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.
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.'
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber