Ford India, subsidiary of US carmaker Ford, said it aims to accelerate export of India made-Figo to 50 international markets by this year end, from current 34.
The domestic car market leader said there will be no cash outflow from MSI as the merger is proposed to be effected through a share swap agreement.
Volkswagen launches special edition Vento at Rs 10.42 lakh.
The Rs 17.70-lakh Honda Civic competes with the Skoda Octavia, Toyota Corola Altis and Hyundai Elantra.
Over the last few days, as the fortunes of Thomas Cook Plc took a wrong turn, the Indian entity scrambled to distance itself from its erstwhile parent. Experts have said that the travel firm must not change its brand name.
This year too carmakers are geared up to pump in some fresh blood to their existing cars to keep them in the fray.
The lockout at its Manesar plant notwithstanding, the country's largest carmaker Maruti Suzuki India on Wednesday reported 9.2 per cent increase in sales for July at 82,234 units as against 75,300 units in the same month last year.
Even India's largest passenger carmaker in Maruti Suzuki best known for its hatches, sedans and vans, could not resist the temptation to announce its upcoming MPV.
It seems the Korean carmaker Hyundai Motors has pulled up its socks to conquer every bit of premium car segment.
Maruti Suzuki, the market leader famous for cost effective management in its products, will face the French carmaker.
Maruti India started year 2012 with a bang and launched 5 cars, and promises to launch five more this year.
As Covid-19 cases surge in India, companies have realised it's a tightrope walk between maintaining production and ensuring employee safety.
Skoda Auto has launched the awaited model Skoda Fabia 'Scout' in the country.
Speaking after the meeting, Maruti Suzuki chairman R C Bhargava said the company will export 'Baleno' at the moment
In a filing to the BSE, Maruti Suzuki India said HSBC Global Investments Fund Mauritius Ltd had sold 1,99,198 shares in the open market on June 29.
Indian car market is crucial for any carmaker to maintain an upper hand in automotive industry dynamics.
Small car wizard, Maruti Suzuki's supremacy goes back to the year 1983 when the carmaker started its innings in India.
After a year of industrial unrest, the big boys of the automobile industry in the Gurgaon-Manesar belt are set to initiate negotiations to settle wage agreements.
Mercedes-Benz plans to sell more compact cars.
Let's take a sneak peak into these cars.
While hybrids, CNG and biofuels found favour in 2018 among many carmakers including Maruti Suzuki, Mercedes-Benz, Toyota and Honda, others such as M&M and Tata Motors have shown full faith in electric vehicles.
Only 450 units of the anniversary edition would be sold across the country.
Another factor that works in favour of diesel cars is its 'full-size' mileage, which falls easy on wallet.
To continue its dominance in the compact sedan segment, which consists hard-nuts like Tata Tigor, Hyundai Xcent and VW Ameo, the numero uno carmaker has fielded third generation Dzire.
Despite efforts by carmakers such as Ford, GM and Nissan to aggressively expand their Indian operations, domestic automakers continue to dominate the market.
But things are changing fast as more and more carmakers are keen to launch cars with automatic gearbox in the 'affordable segment'.
India, also referred as a hub for small cars, has umpteen hatchbacks running on its roads.
But here, in a trend reversal, is a list of four diesel cars which are all geared to launch a petrol version, irrespective of the skyrocketing price of the fuel.
Maruti Suzuki said there are many reasons for this downturn in the auto market such as liquidity crunch, increased prices of products due to regulatory issues, higher taxes and rise in insurance rates.
Let alone a discount, they might not even get the model, variant or colour of choice in BS-IV-compliant vehicles.
"Export will not be better in this fiscal. It will remain more or less the same as last year or may be even worse. Situation in many global markets has not improved yet," Maruti Suzuki India (MSI) Chairman R C Bhargava said on the sidelines of Hero Mindmine Summit.
Auto giants like Hyundai, Volkswagen and Nissan too will hike prices, even though no announcement has yet been made.
The i20 iGen boasts of many 'firsts in segment' features.
Despite the high fuel prices, SUVs and MPVs are becoming increasingly popular in India.
Sales of four- and two-wheelers almost halved in August, compared to the equivalent month last year.
Hyundai, which is also toeing Maruti's lines, said special schemes are offered to engage the cab aggregators, including annual-maintenance-contract packages and extended warranty.
Nissan's Sunny overtook Volkswagen Vento to become the third-largest selling sedan in February.
Japanese carmaker Toyota is recalling 41,000 units of its sedan Etios and small car Liva in India to replace faulty inlet pipe to fuel tank.
Carmakers from across the world have displayed some of the best concept and production models and the ongoing Geneva Motor Show.
Maruti Suzuki on Thursday reported 6.54 per cent increase in sales at 1,18,949 units for February. The company had sold 1,11,645 units in the same month last year.
