Samsung is betting on core capabilities like R&D to stay prepared for the new wave of technologies like 5G and IoT (internet of things).
As per the conditions set by General Motors, a dealer who does not accept its offer by July 15 would get only 50 per cent of the compensation amount being offered.
The auto ancillary industry - one of the worst hit due to the labour exodus - will need at least three months to get its factories up and running.
The global semiconductor shortage hit passenger vehicle sales in September, with major manufacturers like Maruti Suzuki, Hyundai and Mahindra & Mahindra reporting a decline in sales on Friday. Kia India and Honda Cars also reported a dip in wholesales last month as compared with the year-ago period. Carmakers like Tata Motors, Toyota Kirloskar Motor, Nissan and Skoda, however, reported an increase in passenger vehicle dispatches last month despite supply chain issues.
'We have the geographic advantage, demographic advantage, we have the necessary technical skills.' 'We just have to get all of these together. Then, we can very well compete.'
Fiat India Automobiles Pvt Ltd (FIAPL), the three-year-old joint venture company formed through the association of Tata Motors and Fiat Auto SpA, is facing rough weather, as it posted record losses last year.
Apart from the growing adoption of the internet in the country, brands are drawn to the agility of the medium, its targeted and data driven approach and the increasing cost of offline channels for sales and distribution.
'The August phenomenon of decline in sales occurs every year.' 'What they have done cleverly is, using the economic slowdown as an excuse, they want a package from the government to compensate the expenditure they will incur while converting BS4 to BS6.' 'That's why they are making a hue and cry.'
Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable.
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.
What explains India's love affair with SUVs? They are not exactly "value for money" -- the watchword for brands across segments -- nor always practical. Is it for the badge value? Or the butch imagery associated with SUVs? Maybe both, says Alokananda Chakraborty.
Renault will start with a slew of new products that will be launched over the second half of this year and next year, apart from giving facelifts to the Kwid and Duster.
The entire range of Hyundai's diesel cars - from compact ones to SUV models, including the soon-to-be-launched Aura - will be eco-friendly.
With its political colour dominated by less than democratic trends, BRICS currently leaves some of us wondering -- where in this grouping is there an assurance that human freedom will be respected unconditionally? It would be nice to see the new members of BRICS drawn from the ranks of countries wedded to preserving and guarding human freedom, observes Shyam G Menon.
As India is progressing towards Bharat Stage IV (BSIV) emission norms, most cars still run under BSIII standard.
This will ensure its vehicles reach dealers much faster and delivered to buyers in a maximum of three days, reports Shally Seth Mohile.
One can see the scale of recalls going up as the market expands.
As macroeconomic numbers continue to disappoint, reaching pre-Covid level is unlikely in FY21.
Lenders have become worried as some dealers were not using the money provided to them for car financing.
ACMA has estimated the value of fake spare parts in the after-market at Rs 10,500-14,000 crore.
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.
The move will primarily impact luxury car companies like Mercedes Benz, BMW, Audi and Volvo and bike brands like Triumph and Harley Davidson.
'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.'
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.
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.
The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006.
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.
Close to half a dozen more three-row premium mid-size models are expected to hit the road over the next two years.
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.
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.
If you want a premium car where you will take to the driver's seat very often this one's for you.
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.
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.
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 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.
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 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.
