Bajaj Auto's plant in Chakan has been shut for three days.
Production has crippled at Bajaj Auto's Chakan plant in Maharashtra following a labour strike which entered its third day today.
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.
Ford India head, Joginder Singh, is confident that the new SUV will reverse the trend of falling sales.
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.
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.
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.
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.
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.
Industry estimates R-Day sales are eight times the usual for big retailers.
The demand for diesel cars, which account for 58 per cent of passenger vehicle sales in India every month, has seen a steep rise, as manufacturers continue to introduce variants that have diesel engines.
Rajesh Jejurikar had quit M&M to join Zee Entertainment Enterprise.
The model will be equipped with a petrol engine in Thailand.
With an all-diesel line in India, it is desperate to bring the small capacity diesel engine it has developed independently, by the parent company.
Paul White is now the advisor to Indian Hotels in its second attempt to take over the Bermuda-based chain.
Since the start of October at least four new hotel properties have opened in leisure and business tourist destinations like Tamil Nadu and Goa adding more than 400 branded rooms with another 260 rooms due for launch during next week.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances