China's biggest carmaker, which own brands like Maxus, MG, Roewe and Yuejin, plans to invest $1 billion in India manufacturing unit, reports Swaraj Baggonkar from Mumbai.
Car makers Volkswagen, BMW, Nissan, Ford, Fiat, Skoda, Maruti, Tata, and Toyota are all set to make 2010 a delightful year for car lovers.
Palo Alto-based electric carmaker Tesla has initiated talks with the government on the modalities of setting up fully-owned retail outlets. The company needs to comply with the foreign direct investment (FDI) guidelines related to single-brand retail, including local sourcing norms, to sell directly in India. At least two other foreign majors - Apple and Ikea - were engaged in talks with the government long before the sourcing norms were eased under the single-brand retail route.
Maruti's exports are limited and mainly to countries in Africa and Latin America.
With the rapid growth of the Indian market many new carmakers are going to enter the country and the existing ones are going to come up with newer models.
There was a time when one roamed the Expo halls at Geneva and wondered what to file back home. Not any more. Almost every serious carmaker worth its powertrain has at least one serious car meant for India.
Audi's strategy seems to point to pushing technology to directly connect with consumers using digital platforms and marketing to synchromesh into one seamless experience, says Pavan Lall.
So far, the current year has not been great for the leading car exporters from India. In the top five list of exporters -- Hyundai, Ford, Maruti Suzuki, General Motors and Volkswagen -- it is only Hyundai which is clocking a growth.
Nissan and Renault say they will compete with new models, especially small cars, and by growing their dealer network.
Reliance on a single model begins at about 40% and goes up to 80 % in case of some companies
Volkswagen's emissions scandal is fueling investor fears about the environment.
In an aggressive bid to more than double its sales, Volkswagen group company Skoda Auto India on Wednesday said it would launch Fabia and Octavia II sedans next year and make the Indian operations a hub for South Asia.
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
The Indian unit of Czech carmaker Skoda Auto said on Monday it expected its sales in 2003 to nearly double from a year ago helped by three model launches and a four to six per cent growth of the premium car segment.
Nodal body, which will take charge on October 1, to maintain data, will suggest recalls & fines.
Automobile companies are worried about challenges from electric mobility, automation and connected vehicles.
Seven auto companies lost share in the current year because of different reasons.
The Tata Nexon and Mahindra Marazzo ace the safety ratings, but what about other Made in India cars? How safe is the car you drive?
While Tata Elxsi will steer clear of building hardware sensors used in autonomous driving, the company is also working with large Tier-1 suppliers to co-develop sensors that will be work with its underlying software.
New Creta, petrol Vitarra Brezza.. A quick look at what went down at Auto Expo Day 2.
Let alone a discount, they might not even get the model, variant or colour of choice in BS-IV-compliant vehicles.
Besides their country of origin, General Motors, Ford Motor and Harley-Davidson have another trait in common: all three have failed in India, the world's fifth largest automobile market. All three of them took a tough call to de-prioritise India as a market amid disruption from heightened regulations and sharper focus on capital allocation by the parent.
In the domestic market, the car has been well accepted and currently the company has over 80,000 bookings for the model.
Red Bull were talking to Volkswagen about a Formula One partnership before a diesel emissions scandal seemingly scuppered plans, team boss Christian Horner said on Friday.
'More than one brand in a showroom is too risky because customer loyalty in this market is low. Most people don't drive different cars made by the same manufacturer for a lifetime, they experiment.'
Mercedes-Benz plans to sell more compact cars.
Car deliveries during the nine-day period saw sharp year-on-year (double-digit increase for most automobile companies.
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
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.
Auto loan costs remain stubbornly high.
The models from Hyundai and Maruti, which might go on sale in October 2018 and February 2019, respectively, are set to revive a segment that had lost sheen to the compact SUV segment, lately
Maria Sharapova's reduced suspension for a doping violation is set to provide a healthy boost to her bank balance with corporate sponsors reaffirming their commitment to the Russian player. The 29-year-old can return to the court next April after the Court of Arbitration for Sport reduced her two-year ban by nine months on Tuesday. Sharapova's stunning admission in March that she had tested positive for meldonium at the Australian Open, and her subsequent ban by the International Tennis Federation, saw a number of sponsors distance themselves from her.
The company will begin exporting Baleno early next year to over 100 global markets
Over seven lakh vehicles have been recalled by various manufacturers in India since 2012.
Over seven lakh vehicles have been recalled by various manufacturers in India since 2012.
Honda will launch 4 cars in India soon.
There has long been speculation about whether Audi might be tempted into Formula One.
With festive season around the corner, automakers are launching their best cars.
If one leaves aside 2016, when sales declined 4.68 per cent, the pace of growth in 2018 is the slowest in a decade, according to IHS Markit, a sales forecast and market research firm.
