Tata Motors will roll out a compact car, a sedan and a multi-utility vehicle next year apart from the much talked about Rs 1 lakh (Rs 100,000) car, according to a city-based dealer.
General Motors India reported on Monday a 64 per cent increase in its domestic vehicle sales during September at 5,751 units against 3,506 units in the same month last year. Mahindra and Mahindra reported on Monday a 24.9 per cent increase.
The sales comprise 1,504 units of hatchback Chevrolet Spark, 1,550 units of multi-utility vehicle Tavera, 1,227 units of Aveo/Aveo U-VA and 498 units of sedan Optra, it said.
Mahindra and Mahindra will invest Rs 500 crore to set up a new manufacturing unit at its Nashik facility to produce multi-utility vehicle Ingenio.
State-owned HMT Ltd is talking to Mitsubushi for collaborating in manufacturing of multi-utility vehicles and some other vehicles, targetting the rural market.
General Motors India, the 100 per cent subsidiary of the world's largest vehicle manufacturer, has achieved break-even and become a profitable company, a top company official said on Monday.
"The bus driver lost control due to heavy rain as the tyres slipped on the road when brakes were applied," Banaskantha SP said.
Bollywood icon Amitabh Bachchan and son Abhishek have been asked by a tax tribunal to pay tax on the 'Versa' car given to them by carmaker Maruti Udyog Ltd as part of their professional fees for endorsing the brand.
Hindustan Motors said the company would consider restructuring its business.
General Motors India on Tuesday introduced a new version of its multi-utility vehicle Chevrolet Tavera, the Elite range even as the company prepares to rev up capacity at its Halol plant to meet rising demands.
Maruti Suzuki India reported on Thursday a 14.96 per cent rise in its domestic sales during October 2007, at 64,258 units against 55,894 units in the same month last year. The company's exports during the month grew 20.8 per cent at 5,157 units compared to 4,269 units in October a year ago.
Sonalika Group on Wednesday unveiled its two-litre multi utility vehicle 'Rhino' with an entry-price of Rs 5.45 lakh and said it has offloaded 20 per cent stake in its subsidiary International Cars and Motors Ltd to Citibank.
General Motors India on Wednesday said sales jumped 119 per cent in October 2004 to 2,752 units over 1258 units in the same month last year, largely due to the increased sales of multi-utility vehicle 'Chevrolet Tavera'. \n\n\n\n
General Motors India on Tuesday reported a 58 per cent rise in sales in April at 2,214 units, fuelled by healthy demand for its multi-utility vehicle 'Chevrolet Tavera'.
Led by strong growth in its luxury sedan Chevrolet Optra, auto major General Motors India on Tuesday reported a 123.5 per cent growth in car sales in June 2004 to 2,418 units from 1,082 units in the same month last year.
Mahindra & Mahindra on Friday said it will supply multi-utility vehicles Bolero and MM 550 XD to the Afghanistan government.
Mopeds are sought by people with smaller businesses, with their weight-carrying and haulage ability beside being lighter and easy to manoeuvre in traffic.
Honda Car India is planning to increase prices of its vehicles by up to Rs 6,000 from April to offset the impact of adverse exchange rate that has resulted in higher input costs.
It is immediately not clear how GST will impact the mass car market. Experts, however, say the level of tax on smaller cars will have to be at a differential to the sedans.
The incident took place when the driver, Pardip Saini, 40, was on his way to Pathankot after dropping a passenger in Amritsar via Gurdaspur bypass late on Saturday night.
The recall will cover cars manufactured between 2008 to 2012 that use safety airbags made by its supplier Takata
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The company will be increasing the prices of its compact car Beat, SAIL and multi-purpose vehicle Enjoy by 1.5 per cent, which translates to a range of Rs 2,000 to Rs 10,000.
As part of the new Central Motor Vehicle Rules, the government is framing a mandatory recall policy entailing penalties.
The vehicles affected by the recall are manufactured between September 2011 and July 2014.
Ruural markets contribute a significant chunk of SUV sales and there was a slowdown in demand from semi-urban and rural areas.
The protection to the driver's chest due to high chest compression was poor and the passenger's chest received weak protection
The long awaited product is likely to be launched early next year.
Clashes were reported from Kharagpur in West Midnapore district, Narayanpur in North 24 Parganas, and Alipurduar town in north Bengal, among others.
Japanese automaker says the 'element of trust has been broken'
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
Marazzo, The Innova Crysta competitor
