Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.
Auto loan costs remain stubbornly high.
This is Maruti's first experiment with hybrid technology.
The price differential has been upwards of 20%.
BMW's plant in Chenna now has 50 per cent localisation.
The share of diesel vehicles sold in 2014-15 was 37 per cent.
The company has delivered 1,000 cars to buyers and is in the process of delivering another 2,000 units.
Customers have started to factor in the narrowing gap between petrol and diesel and the premium that needs to be paid for a diesel vehicle.
Ruural markets contribute a significant chunk of SUV sales and there was a slowdown in demand from semi-urban and rural areas.
Brijmohan Lall Munjal, 92, who recently became chairman emeritus of Hero MotoCorp, single-handedly rewrote the rules of the motorcycle business
Instant noodle from Nestle is not the first food brand in India to have faced a tough time though
'Audi is well on track for what we want to achieve.'
'Car makers would be in a better position to adopt norms'.
'We have a customer base of 70,000 in India'.
India, is home to 15% of all traffic fatalities.
Ajay Singh is trying hard to turnaround SpiceJet.
'India is a high-cost market but that is man-made. The government can change that with a stroke of the pen.'
Earlier, PE firms such as Goldman Sachs and Indigo Partners had evinced interest in the Indian aviation market.
Ministry sources say investors are looking at pumping in around Rs 1,100 crore
The airline not to be put on cash and carry mode
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