Luxury carmaker BMW India and ICICI Bank signed an agreement on Friday for offering financing solutions.
The country's largest carmaker, Maruti Suzuki, on Thursday reported 9.95 per cent decline in sales during December last year at 56,293 units against 62,515 units in the same month of 2007.
Carmakers seem to be driving in the right lane with their new models, with three of the new launches - Maruti Swift diesel and Mahindra Renault Logan as well as GM's Chevrolet Aveo U-VA - finishing on the top of their segments in a customer satisfaction survey.
Industry sources said Tata Daewoo Commercial Vehicle and Telco Construction Equipment Company might be the first off the block.
Maruti Udyog Ltd, India's biggest carmaker, on Monday said domestic sales grew 10 per cent at 40,175 units in July 2004 as its compact cars notched up impressive numbers.
After a spectacular takeover of Corus, Tata Steel has made a hostile offer to acquire Brazilian iron ore miner AVG, which is owned by global mineral giant MMX. The Steel Business Briefing quoted a MMX president Eike Batista as saying that the domestic steel giant has made the offer. AVG was purchased by MMX last year for $224 million. Its current capacity is around 2.3 million tonnes per year.
The company's largest selling sedan 'City' will be cheaper by Rs 19,000-Rs 21,000, while 'Civic' will cost Rs 29,000-Rs 31,000 less, an HSCI statement said. Top-end sedan 'Accord' will be cheaper between Rs 27,000 and Rs 28,000, it added.
Carmaker Ford India launched on Thursday a new customer support initiative -- Ford Roadside Assistance, under which it will offer round-the-clock on-site emergency breakdown service to its existing and new customers.
Most of the leading vehicle manufacturers were before the court, though their stand was not identical and sometimes contradictory.
The country's biggest carmaker Maruti Udyog Ltd on Monday hiked the prices of its vehicles across all models between Rs 1,500 and Rs 15,000.
Maruti Udyog Limited, the country's largest carmaker, launched its premium sedan SX4 priced between Rs 618,000-689,000 (ex-showroom Delhi) on Monday.
Hyundai Motors India Ltd has sought to amend its original petition filed before the Monopolies and Restrictive Trade Practices Commission to include posters and pamphlets in the purview of its prayer.
BMW is all set to challenge Merc's No.1 position in India's premium car segment.
General Motors also plans to increase sourcing from India over the next 4-5 years to $1 billion annually.
India's biggest carmaker Maruti Udyog Ltd on Thursday said it will announce a price hike by the end of December.
Maruti Suzuki India Ltd, the country's biggest carmaker, is set to play a larger role in the operations of parent Suzuki Motor and will contribute a third of the Japanese company's global sales by 2009-10, the Indian firm's managing director Shinzo Nakanishi said on Thursday.
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.
In the seven months between April and October this year, the Chevy Spark has managed to sell less than 12,000 units, or an average of 1,700 units a month, while its peers Alto and WagonR (Maruti Suzuki) , Indica (Tata Motors) and Santro (Hyundai) have had average monthly sales of 10,000-18,000 units.
Car sales in the quarter were up 3.9 per cent at 3,60,402 units, the company said, adding that the exports were at 27,009 units.
Elon Musk's likely referring to waiver of 30% local sourcing norm for setting up single-brand retail
The notice was issued on a plea by Dinesh Kumar Mittal, director of Indore-based Amit Securities, alleging the company cheated and induced its customers to purchase its Mercedes S-Class model.
Nissan Motor Co has entered into an eight-year sponsorship agreement with the International Cricket Council (ICC), a company executive said, in a bid by the Japanese car maker to boost its small market share in cricket-crazy India.
The limited edition Aveo comes at a premium of Rs 54,000 over the existing base price of Rs 5.95 lakh. The new variant would be powered by a 1.4 litre petrol engine and has been introduced to commemorate GM Corp's centenary celebrations, GM India said in a statement.
Maruti Udyog, the country's largest carmaker, today launched its premium sedan 'SX4' priced between Rs 618,000-689,000
The new variant 'Superb Comfort' is the third upgrade on Superb. It has been priced lower than the existing model which is sold at Rs 22.29 lakh (ex-showroom Delhi) to boost sales during the upcoming festive season.
Volkswagen will start firing people responsible for rigging US emissions tests and shake up management on Friday,
The zippy power delivery, the smooth gearshifts, the spot-on gear ratios and the narrow dimensions of the car mean that they make short work of your daily commute in thick traffic.
Carmaker Skoda India has decided to price Fabia, the hatchback it plans to launch at the Auto Expo in January, in the range of Rs 5-6 lakh.
Toyota Chairman Okuda Hiroshi said Indian and Thai companies were the strongest contenders for the Deming Prize, somewhat akin to the Oscars in manufacturing quality
BMW, the German luxury carmaker, plans to take on its Asian rivals - Toyota, Honda, Hyundai - with the core strategy of making customised cars from its flexible production lines to stay ahead in its century-old luxury marquee business.
Buoyed by good response to its products in India, German luxury carmaker BMW on Tuesday said it is revising sales target for the country upwards and will launch its sports coupe car M Series by next year.
Finally, an international carmaker serious about Indian design.
Toyota on Thursday launched updated versions of its sedan Camry in India.
Hyundai Motors India, the country's second-largest car firm, launched the diesel version of its top-end sedan Sonata Embera tagged at an introductory price of Rs 14.75 lakh (ex-showroom Delhi).
Auto Expo's Twitter handle (@AEMotorShow), with a follower base of 16,000, is abuzz with activity. The Facebook page of Auto Expo has about 158,000 followers.
Seven auto companies lost share in the current year because of different reasons.
The business of volume can be a win or a loss for a sugar mill as India's sugar market is heavily controlled by the government.
Car owners in India had fewer problems with their new vehicles, with the JD Power Asia Pacific Satisfaction Index Study revealing that eight of the 11 manufacturers had improved their performance.
Audi plans to launch a total of 10 products in India this year as it looks to fend off stiff competition from rival Mercedes-Benz.
