Fiat Chrysler will be shipping its first India made product - the Compass SUV - to right hand drive markets like UK, Japan, Australia and South Africa in the next few months.
DaimlerChrysler AG aims to buy auto parts worth over Rs 500 crore (Rs 5 billion) from India during the next two years, a top official of its local unit said.
Luxury carmaker DaimlerChrysler India on Monday said it would come out of the purview of the Board for Industrial and Financial Reconstruction within this fiscal and wipe out its total accumulated losses of Rs 300 crore.
I am happy I didn't knock anyone down, driving recklessly or trying to show off. However, in one instance of road rage (the consequence of arguing with a driver who disrespected my right to cross the road peacefully) I did find a man in a SUV taking his anger out on me by driving his vehicle over my feet, recalls Shyam G Menon.
In 2015, the group will introduce the much-awaited Wrangler and Grand Cherokee.
The April-June quarter of 2018 happens to be the weakest for the Jeep since the launch, making it evident that it is not easy for a carmaker to sustain growth with a single product.
The top six auto brands are: Maruti Suzuki, Hyundai, Tata Motors, Toyota, Kia and Mahindra & Mahindra.
The money will be drawn from the Troubled Asset Relief Programmeme set up to bail out financial institutions.
Germany-based luxury coach manufacturer DaimlerChrysler's subsidiary Mercedes Benz is planning to launch its high-end premier bus Tourismo in India by 2008.
Luxury carmaker DaimlerChrysler India said on Friday that sale of its Mercedes brand of cars surged by 61.5 per cent during January-September 2003 to 1,370 units as compared to 848 units in the same period last year.\n\n\n\n
Luxury carmaker DaimlerChrysler said on Friday that it would wipe out its accumulated loss of Rs 280 crore
The prices will be announced by mid-2016 during the official launch.
The iconic brand is considering petrol powertrains for its entire Indian portfolio, which includes the Jeep Compass, Meridian, Grand Cherokee and Wrangler.
French carmaker Citroen will launch its C3 Aircross Sport Utility Vehicle (SUV) in India by October, and is betting big on exports from India to markets like South Africa, ASEAN (Association of Southeast Asian Nations) and Nepal, a top company executive told Business Standard. Citroen, which sold 6,000 units through Citron C3 and C5 Aircross SUV, is likely to double its sales during the current year, as it has already sold 6,000 units of Citron C3 and eC3 electric vehicles during the first six months. "We are going to start bookings for the C3 Aircross SUV in September and launch it in October. Price will be at the heart of the midsize SUV market," said Saurabh Vatsa, Citroen India branch head.
Firm attributes move to pandemic and legal spat with Fiat Chrysler, says it is in line with group's strategy to re-think capital allocation and drive efficiency.
The Meridian feels comfortable and upright with the quality of gadgetry, interiors and plastics expected from an international brand car. However, it lacks the overall premium-ness that may come with a top-end Japanese car or even a mid-range German car, says Pavan Lall.
Performance is one of the strengths of Abarth 595 Competizione.
The two new products are part of the company's revival strategy plans in India where it has been struggling to win consumers.
The company unveiled premium sedan Avventura and high-performance Abarth 500
A single application and a plethora of services for passenger cars - that is what myTVS, a brand that operates under Ki Mobility Solutions and is part of the TVS family, is set to bring to customers, in a bid to disrupt the concept of "super apps" in India. Starting July 15, myTVS will launch its connected car platform or super app called myTVS Life360 for aftermarket passenger cars. Through it, customers will be able to avail themselves of a range of services like maintenance, diagnostics, roadside assistance, accessories, payments, insurance, and so on.
Earlier in May, Ford India announced that it had dropped its plans to make electric vehicles (EVs) in India, which it intended to export, under the production-linked incentive scheme (PLI). Ford was among 20 companies that had signed a Champion OEM Incentive Scheme under the PLI project with the government in February this year. The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat. In September last year, the company had announced that it would exit the India market, which it had entered in 1995 through an on-again, off-again joint venture with Mahindra & Mahindra (they split in 1998, signed a JV in 2019 and split again in December 2020), retailing petrol and diesel brands such as the EcoSport, Figo, Aspire, and Endeavour.
Ashish Narsale/Rediff.com brings you some of the innovative cars presented at the latest edition of the Consumer Electronics Show.
The carmaker wants to enter the fast-growing SUV segment in the country. The off-road pick-ups and luxury SUVs will be the first vehicles from the Chrysler, owned by Fiat, stable to be launched in India.
In India, car companies measure wholesale as sales.
The companies hope 2010 would be a better year for them as the economy begins to show some signs of recovery.
Chrysler and General Motors each annually outsource $200-300 million (around Rs 10-15 billion) worth of projects to different vendors, which may be hit by 20-25 per cent, says Avinash Vashistha, chairman and CEO, Tholons, a research and advisory firm. While Chrysler has filed for bankruptcy, there is talk that GM may follow suit.
The next three months will be a wrenching time for every player in the North American motor industry as the Detroit carmakers seek to prove their long-term viability.
According to the Auto Component Manufacturers Association, the apex body of component makers in India, global sourcing of components from the country will double from $2.95 billion to $5.9 billion in 2008-09, and is slated to hit $20 billion in seven years.
Cerberus Capital, the New York-based private equity fund that recently bought Chrysler from the erstwhile DaimlerChrysler for close to $7.5 billion, is entering the Indian market shortly.
In shabby backyards and dusty barns, in deserted fields and thick forests, Dieter Klein roams strange and isolated places to find once gleaming vehicles left to rust and ruin. From a dented Porsche to a faded Cadillac, a battered VW Beetle to a whole fleet of abandoned military jeeps, Klein's subjects creak with bygone glamour and might. As moss and gnarled branches transform motors into eerie artifacts, Klein's award-winning automobile photography is not only a tribute to classic cars, but also to the transformative power of nature and the enduring intrigue of people and incidents unknown. The mesmerising results appear in stunning new coffee table book Lost Wheels - The Nostalgic Beauty of Abandoned Cars, which is out next month. Scroll down to see some of the wonderful pieces.
Luxury car manufacturer DaimlerChrysler's Indian subsidiary Mercedes is all set to introduce the new C-Class in the domestic market by early 2008.
The luxury SUVs will compete against models of Mercedes-Benz, BMW, Audi, Volvo, Porsche and Land Rover
DaimlerChrysler India on Friday announced the launch of the latest edition of its S-Class diesel, the S 320CDi L, and the premium Mercedes-Benz CL-Class, for the Indian market at the Brand Showcase in Mumbai.
DiamlerChrysler, Volvo, Renault plan to hit roads with their high-capacity trucks soon.
Ferrari could lead other Formula One teams into an alternative championship if the sport becomes too much like the US-based NASCAR series.
The 5-seater Compass is set to take on Hyundai Creta, Mahindra XUV500, Renault Duster, Toyota Innova and Tata Hexa.
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