Industry analysts say the display of mileage data will help buyers take informed decisions. "Studies conducted by us reveal this fact. Customers who were over-promised on mileage developed dissatisfaction that was four times higher than customers who were promised the actual mileage. So, the resultant transparency actually boosts the brand image of the car manufacturer," said Mohit Arora, senior director of Singapore-based JD Power and Associates.
This will ensure its vehicles reach dealers much faster and delivered to buyers in a maximum of three days, reports Shally Seth Mohile.
Lenders have become worried as some dealers were not using the money provided to them for car financing.
As India is progressing towards Bharat Stage IV (BSIV) emission norms, most cars still run under BSIII standard.
During the meeting with Finance Minister Nirmala Sitharaman, the auto industry broadly presented factors such as issues regarding availability and affordability of financing, increasing cost of acquisition of vehicles and change in axle load capacity for commercial vehicles that have hurt demand.
One can see the scale of recalls going up as the market expands.
Close to half a dozen more three-row premium mid-size models are expected to hit the road over the next two years.
The Serb set up the breakaway PTPA on the eve of the US Open in September and resigned as head of the player council but last month he confirmed that he had been nominated by his fellow professionals for the current elections which he accepted.
The move will primarily impact luxury car companies like Mercedes Benz, BMW, Audi and Volvo and bike brands like Triumph and Harley Davidson.
FDI is a major driver of economic growth and a source of non-debt finance for the economic development of the country. The government has put in place an investor-friendly policy on FDI, under which investment up to 100 per cent is permitted on the automatic route in most sectors/ activities. At $ 64.37 billion, FDI in 2018-19 is the highest ever investment received for any financial year.
ACMA has estimated the value of fake spare parts in the after-market at Rs 10,500-14,000 crore.
The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006.
In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making components for large equipment manufacturers.
'It is going to be as high as 50% in the coming one or two months and can be about 20% to 25% in the medium term.'
If the court order is implemented, it will lead to an increase in the insurance outgo for car owners by a minimum Rs 50,000 for car and a minimum of Rs 7,000 for two-wheeler owners.
The slowdown in growth is an industry-wide trend and companies are adjusting production to bring down the inventory levels at plants as well as dealerships.
Expressing confidence that the growing Indian economy would drive aluminium consumption, the Aluminium Association of India on Monday said it had targetted automobiles, power sector and the packaging industry to boost growth.
If you want a premium car where you will take to the driver's seat very often this one's for you.
The lockdown in Maharashtra will have a catastrophic impact on April sales, as dealers will not be able to realise the potential of festivities like Ugadi, Gudi Padwa, Baisakhi and Poila Boishakh.
Durable goods companies and retailers say online sales won't compensate for the fall in offline sales.
The Supreme Court has refused to interfere with the government and RBI's loan moratorium policy, and declined to extend the six-month loan moratorium period.
On February 20 and 21 more than 12,000 riders and bike enthusiasts rode cross-country to Goa to celebrate the spirit and lifestyle of the Indian Biking community. Here's what happened at the annual bikers' meet at Vagator.
Uber, Puma, Nissan, Britannia have already lined up for the upcoming parade of cricketing nations, looking to align with the game and its legion of fans
The move to implement a proposal of star ratings on passenger vehicles, similar to those seen on electrical appliances, is likely to be delayed by several months. Stakeholders from the automobile sector and the government are divided over key facets.
The new Tata Tigor, Datsun Go and Hero Xtreme 200R are hoping to use celebrity endorsers and gain a foothold in a segment that has been the stronghold of market leaders for several decades. But will it work?
Dealers say that the full-year outlook remains negative with a projected contraction in retail sales of 15-35 per cent across segments, save tractors, which look set to clock a positive annual growth.
A bench headed by NGT chairperson Justice Adarsh Kumar Goel directed the carmaker to deposit the amount within two months.
Here's how to get more out of the premium you pay
About 80 per cent of the companies that are registered are essentially non-IT.
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According to industry body Society of Indian Automobile Manufacturers and Automotive Component Manufacturers Association of India, with demand continuing to be low and factories not operating at full scale, this may lead to temporary excess overheads.
With car penetration of around 22 per 1,000 population, India continues to be a big opportunity to sell cars, especially in rural areas.
'For them life is very difficult since there has been no universalisation of PDS.' 'And let's understand that there are people who need ration instead of cooked meals.'
Indian auto and pharma industries import several critical components and raw materials from China.
PV registrations in this year's festive period stood at 287,717 units as against 333,456 units in the corresponding period last year, down 14 per cent. Two-wheeler registrations also fell by 13 per cent to 15,83,276 units as against 18,11,703 units in the year-ago period.
The two firms are discussing bidding jointly for CGD projects in cities that would be put on offer by the sector regulator, Petroleum and Natural Gas Regulatory Board in the future.
Indian American children have dominated the Scripps Howard Spelling Bee in the United States since the turn of the new century. Long before this impressive trail of triumphs began, way back in 1985, Balu Natarajan became the first Indian American child to win the Spelling Bee. Rediff.com US Contributor Abhijit Masih catches up with Dr Natarajan as the 2021 Spelling Bee takes off this weekend.
At the end of May, out of 26,500 outlets about 60 per cent showrooms and 80 per cent workshops were operational across the country.
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