Key changes are expected in vehicle repossession norms to ease the process for banks to take back cars and two-wheelers from owners that default on loan repayments.
The Pune-based research institute will design and develop car batteries and offer the technology for mass production.
Market leaders Maruti Suzuki and Hyundai, who together control two-thirds of the domestic market, have not yet firmed up a decision on raising prices.
The new tax regime has also been fuelling sale of SUVs, particularly the compact SUVs
The Federation of Automobile Dealers Association of India will soon launch a program for checking cars which are more than three years old across the country for Rs 500, liable to be reimbursed while going for insurance, a top official said on Thursday.
'Inquiries and bookings are at quite a healthy level.'
India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.
An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
FDI inflows into India were $34 billion in 2014, up 22%.
India is affected by a 'resource inefficiency curse'.
'We are in the reverse gear and we are not there anywhere compared to the rest of the world'
Fresh PoEM guidelines will affect pharma, energy, automobiles, manufacturing and software companies.
The first half of 2019-20 will be under pressure, since prices are expected to go up by Rs 7,000-8,000 at a time when sentiment is poor.
With fuel cost soaring to new highs, automobile firms are launching hybrid models to tackle the problem.
Half a dozen stocks from the large-cap universe and over two dozen from the mid-cap universe have been replaced.
Car maker Fiat India has sold its property in Kurla (Mumbai suburb) to IKG Associates for Rs 608 crore (Rs 6.08 billion). IKG is an affiliate of the financial services company IL&FS. The Italian car maker had received bids for the 53 acre plot from leading developers over the past few months.
While Toyota will acquire 4.94 per cent shares of Suzuki, worth $ 908 million, the latter will make a $ 454-million investment in the biggest automaker of Japan. Premium products from the Maruti stable such as the Baleno, Ciaz and Vitara Brezza will be sold under the Toyota brand with small changes.
Whatever the critics may say, the numbers suggest that India continues to be a favourite destination for foreign investors.
One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.
The two warring groups of Indian motor sport reached a settlement at the FIA General Assembly in Paris on Thursday.
The fact is that BS-IV vehicles, particularly diesel trucks, are much less polluting than BS-III ones, says Sunita Narain.
The Royal Enfield Himalayan might boost the motorcycle touring culture in India with its off-road prowess and affordable cost, says Indian automobile website MotorBeam.
'Right now, we are increasing production in anticipation of the demand during the festive season.' 'If the demand doesn't come back, all the production will languish in the factories.'
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
Indian Oil Corporation, in association with Tata Motors, has begun trial of the country's first biodiesel-run cars.
'The shadow banks are currently facing a liquidity and solvency crisis.' 'The danger is that it could potentially engulf the entire financial system because shadow banks have borrowed huge amount of money from banks, mutual funds, pension funds, and insurance companies.'
The development comes after a recent notification from the Union home ministry, which has permitted companies to resume manufacturing operations and reopening of shops in red, green and orange zones with certain riders.
'The babus in Delhi are not able to understand the pain industry is facing.'
Mahindra will serve as a mentor and sounding board for the managing director on issues to be presented to the board, especially in the areas of strategic planning, risk mitigation and external interface. In addition, he will be available to provide feedback and counsel to the managing director on key issues facing the enterprise.
Emission norms for automobile industry should be tightened.
Unprecedented torrential downpour in Chennai and other parts of Tamil Nadu brought the whole state to a grinding halt.
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Big brands are keen to tie up with IPL for advertising purposes.
The prime minister is likely to talk about its possible extension.
Toyota Motor Corp is betting on pricier premium models offering better safety and quality.
Volkswagen mess costs Germany its strongest nation brand position.
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