The highest pay hikes for the current year are set to come from Maruti Suzuki and Hero Honda.
Force Motors on Thursday said it will launch a hybrid variant of its commercial vehicle 'Traveller' by the end of 2012 after unveiling to the public at the upcoming Auto Expo next month.
Swift Dzire has clocked 2.5 million in sales, and you might, in a non-too-distant future, see headlines that the DZire has done 3 million as well, observes Suveen Sinha.
On Wednesday, the court approved revision in toll rates at the gate in Manesar. Subsequently, the road ministry gave a nod to an 80 per cent rise in toll rates.
The company is banking on investments lined up for product development and other innovations.
Around 23 minutes after lift-off, the primary satellite got separated and it was followed by six other co-passenger satellites, which were deployed into the intended orbits sequentially, ISRO said.
Total revenue from operations however rose to Rs 67,081.29 crore as compared with Rs 59,818.22 crore in the year-ago period
Tatas have a presence in Korea following the acquisition of Daewoo's heavy commercial vehicles business some years ago.
The mission is targeted for launch in the fourth quarter of 2024.
What has hit sentiment further is a draft proposal by the government to increase vehicle insurance premiums for financial year 2022-23 (FY23). Third-party motor insurance premiums have not been increased over the last two years and if this is approved, insurance costs for specific segments could rise by a fifth. The worst impacted is the 350cc and above two-wheeler segment, where premiums are up 21 per cent. Royal Enfield (Eicher Motor) is the market leader in the segment. The premiums in the 150-350cc two-wheeler category are also being inc
SIAM said excise duty must be lowered
Force Motor planning to launch a Sports Utility Vehicle in the country.
Bajaj Auto, the king of the market for CNG-powered passenger three-wheelers, now wants to replicate this dominance in two-wheelers. The difference is that while the former is zooming - registrations for CNG-powered passenger three-wheelers nearly doubled during January-December 2023 - the latter, meaning a market for CNG-powered two-wheelers, does not exist.
Investors should await consistent growth metrics before looking at an investment in the company.
The country's largest auto company reported a total sales of 75,775 units across its various international operations, which include Tata Motors, Tata Daewoo and the Hispano Carrocera range of commercial vehicles, Tata passenger vehicles and the British marquee brands Jaguar Land Rover.
The two partners have said they'd produce 150,000 vehicles as part of the phase-I plan from their existing facilities in the state, till the new factory goes on stream.
Sales of commercial vehicles were up 12.73%.
'The babus in Delhi are not able to understand the pain industry is facing.'
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Production at every automotive facility, offices of information technology firms and retail establishments in the state remained shut on Tuesday as a mark of respect to the late chief minister.
The company looks to sell the vehicle to Indian and sraeli Army.
Tata Motors on Tuesday reported a 13.7 per cent increase in total vehicle sales for the fiscal ended March 31, as compared to the previous fiscal.
According to official sources, the government is likely to announce a major fiscal stimulus package for housing, auto and export sectors on Saturday. The government might also cut cut excise duty on commercial vehicles, and further relax the external commercial borrowing norms. This will help exporters and others.
Sales of commercial vehicles were up 7.58 per cent to 52,198 units in August, SIAM said.
Aeron Systems, founded in 2008 by Ashvani Shukla and Abhijit Bokil, is looking to contribute to programmes such as the Tejas light combat aircraft
Domestic passenger car sales rose by 9.62 per cent to 1,77,604 units in July as against 1,62,022 units in the same month last year.
Many say Tata Motors has perhaps paid the price for being too ambitious.
The company has raised the rates of its utility vehicles Sumo and Grande MK II by Rs 7,800-Rs 10,300.
Shortage of semiconductors, price hikes pull January auto sales into red. Dec had seen sales grow for 1st time this FY, which dealers called a one-off.
The company had sold 73,491 units in the same month last year, Tata Motors said in a statement.
In the 2012-13, car sales in India fell 6.69 per cent, which was the first decline in a decade.
The struggling Indian automobile industry on Monday reported yet another worst ever performance with overall domestic sales declining by 18.2 per cent in December 2008, as commercial vehicles and two-wheelers sales crashed heavily.
Auto Expo 2012 is the venue for the launch of seven all-new automotive brands in India.
The situation in minority-dominated Lilong Chingjao area in Manipur's Thoubal district, where four villagers were gunned down by unidentified assailants, remained calm but tense on Tuesday as additional security forces were deployed, an official said.
Tata Motors Ltd has posted a 57.7 per cent rise in total vehicle sales at 24,961 units, including exports, in April 2004 over 15,829 vehicles sold in the corresponding period last year.
Maruti Udyog Ltd on Thursday launched an LPG variant of its commercial vehicle Omni Cargo, India's first clean fuel vehicle used for transport applications.
Block closure planned keeping in mind the weak demand of commercial vehicles.
Gold prices hit record high in the third week of March as fears of bank collapses and high inflation led investors to the traditional safe haven. Gold prices are often inversely correlated to dollar strength because the international price is dollar-denominated. The Federal Reserve's (Fed's) stance indicates that the dollar may appreciate further since it is prepared to keep pushing up policy rates. But demand for gold is also up - the World Gold Council claims central banks are buying in addition to private demand.
