Nissan, Japan's third largest auto maker and Renault, France's second largest car maker, share vehicle platforms, engines and several components to meet economies of scale and generate volumes in India, where they use a common manufacturing facility in Chennai.
While new business schools come up, industry experts said the quality issue was crucial for them to survive.
Ford India head, Joginder Singh, is confident that the new SUV will reverse the trend of falling sales.
Tata Motors, Mahindra & Mahindra and Bajaj Auto have noted a rise in these incidents.
In the April 2012-February 2013 period, the life sector's industry's new business premium collections fell 6.1 per cent, compared to the corresponding period of the previous financial year.
The Mumbai-based firm has lost almost 10 percentage points in market share since 2009-10, even as other brands have fought hard to wrest share away.
The issues unions have been pursuing aggressively include forced suspensions, flexible work conditions, recognition of a union and salary parity for contract workers.
Though exposure draft proposed 35-60% hike, Irda raised it only 19%.
Companies such as Tata Motors, Mahindra & Mahindra, TVS Motor Company, Hero Motocorp, Bajaj Auto and Maruti Suzuki, for whom Sri Lanka is a key export destination, are experiencing a significant slowdown in demand following the import duty hikes, which have made their vehicles very expensive in the island nation.
Analysts say models that recorded healthy demand earlier are now luring customers with discounts and consumer benefit schemes.
LIC had evinced interest to purchase the land at Baba Kharak Singh Marg at around Rs 800 crore.
Move made to allign its production with sales demand
Even as it is struggling to run its existing plants at half their capacity, due to dwindling sales, Ford India is pressing ahead with its Rs 4,000-crore vehicle and engine plant in Gujarat.
Human resource experts say the volatile environment might change its hiring pattern, with the process spread through the year, instead of happening during December - February as at present.
Amid stalled wage renewal talks, union functionary suspended, triggering work stoppage.
Workers at utility vehicle major Mahindra & Mahindra's Nashik facility on Tuesday issuing a notice to the management to go on strike on or after March 11, if their demands for higher wages were not settled by the company.
The market regulator had last month allowed bourses to set up debt segments to develop the country's languishing corporate bond market.
Tata Motors, India's largest car maker by revenue, is exploring the possibility of adding more models to the production line at its Sanand plant in Gujarat.
Priority will be to maintain a balance between sector's growth and consumer welfare.
Aim is to boost sales volumes and increase penetration.
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