Domestic car sales increased by 7.6 per cent in October to 79,403 units as against 73,772 units in the same month last year.
CII will have a three-pronged approach. First, the chamber will concentrate on consumers and will urge companies to focus on the end users, says N Srinivasan.
Indian Oil Corporation, in association with Tata Motors, has begun trial of the country's first biodiesel-run cars.
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.
The government has earmarked Rs 98,000 crore (Rs 980 billion) for upgradation of national highways within 5-6 years, Minister for Road Transport and Highways B C Khanduri said on Saturday.
'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.'
The two warring groups of Indian motor sport reached a settlement at the FIA General Assembly in Paris on Thursday.
The prime minister is likely to talk about its possible extension.
However, the World Bank has projected India's GDP growth rate at 7.5 per cent for the next three financial years, including the current one.
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.
FCA has alleged that the Roxor, which M&M imports in the US from India as knocked-down kits, was "a nearly identical copy of the iconic Jeep design", adding that the product was modelled after the original Willys Jeep.
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
Big brands are keen to tie up with IPL for advertising purposes.
'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.'
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.
Maruti Suzuki India continued its grip in the passenger vehicles market in India with five of its models in the top ten best selling models in June.
Emission norms for automobile industry should be tightened.
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.
Four years after entering Formula E racing, Mahindra comes out with a racing car designed for the e-racing circuit. Rajesh Karkera/Rediff.com reports.
The compact segment where Sonet will be launched is crowded with the Maruti Vitara and Brezza, which top the sales' list, and a bevy of models from Mahindra & Mahindra apart from Hyundai's offering. But volumes in this are slightly higher than those in the mid-segment, making it attractive, says Surajeet Das Gupta.
'The babus in Delhi are not able to understand the pain industry is facing.'
Most of the leading vehicle manufacturers were before the court, though their stand was not identical and sometimes contradictory.
'One cannot take it that the economy has recovered, and the GST payment has increased because of that, or that production is back to January 2020 level.'
'Air they suck in is far dirtier than the air which comes out of it.'
Mahindra is desperate for a best-seller in the compact SUV space, on which it missed the bus
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
The $100-billion SAIC would have a dedicated manufacturing facility in India, and would be the first Chinese automaker to do so.
Some of the notable models set to make a debut next year include the Tata Harrier, the Mahindra S201, the Kia SP Concept, MG Motors' Boujun 530, and the Honda HR-V.
Maruti says, WagonR is one of the top 5 brands in India.
Paris-based international advisory firm Mazars predicts four per cent growth in India's automobile sector this financial year.
With over 200 brands and websites as participants this year, the Google Online Shopping Festival is turning bigger.
While two-wheeler sales are down 15 per cent year-on-year, passenger vehicles sales are lower by 5-7 per cent.
Such allegations are unjustified, given that the CCI's remedies do not promote a free-for-all scheme.
Move to help India export hi-end vehicles.
The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation.
South Korea is the first country after the US to announce measures.
The birth-child of the much renowned TVS-BMW joint venture, the new BMW G310R, will be launched by October of this year, bang in the middle of the festive season, reports Indian automobile website MotorBeam.