Ford said it had also shut its plant, with an annual capacity of 340,000 engines and 200,000 vehicles.
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
General Motors India said on Wednesday that its vehicle sales rose by 41 per cent in May due to a surge in demand for the mid-size Opel Corsa.
Ford India and Renault too reported good sales growth in April
Tata now occupies the fourth slot with the incremental volumes from the Tiago
Marketers need to build on the country's core values to strengthen Brand India's presence abroad.
2015 will witness exciting new car launches that will prompt you to buy at one of them.
With an amazing start some of more interesting models to be launched this month are - Mercedes Maybach S600, Renault KWID, new Ford Figo and the Mahindra TUV300( launched recently)
The US First Lady was operated upon at the Walter Reed National Military Medical Centre. She is likely to remain there for the duration of the week.
American carmaker Ford is expected to announce on Wednesday the sale of its premium British car brands Jaguar and Land Rover to Tata Motors for a consideration of about $2 billion. Local media reported that the agreement will include a pledge by Ford to contribute to the two brands' pension fund, and by Tata to continue buying engines from Ford both sensitive points with trade unions.
'In the last five-six years, at least we could witness some growth, but now that assurance is also gone,' Banerjee told a news channel from the US.
"I am very happy and proud of his achievements. I am yet to speak to him. I think he must be sleeping as it's still night in the United States," she said.
Just hours after returning to Mumbai, Ravi Kant, managing director, and C Ramakrishnan, CFO of Tata Motors addressed the press on a conference call. Excerpts from the call.
Barely days before it launches the world's cheapest car, Tatas were on Wednesday named the preferred bidder for Ford's British luxury brands -- Jaguar and Land Rover.
Leading tyre maker Apollo also saw a production loss of 450 tonnes till December 2.
Each of these 20 Indian beauties has a shot at modelling agency Ford's 'Supermodel of the World' title and a $$250,000 contract!
There is no evidence that the drug can fight the virus, and regulators warn it may cause heart problems.
The Central Bureau of Investigation on Wednesday carried out searches at premises of social activist Teesta Setalvad and her organisation in connection with a case of alleged violation of Foreign Contribution Regulation Act in receiving funds from abroad without taking prior permission from the home ministry.
The year 2015 was quite eventful with plenty of automakers making news with either new models or facelifts of their existing models.
With fast changing mentality of the crowd here, the automakers are creating their own categories to attract more and more buyers.
Ruural markets contribute a significant chunk of SUV sales and there was a slowdown in demand from semi-urban and rural areas.
Another love story in Hollywood reportedly comes to an end.
An overview of the 10 biggest banks of the world on the basis of their assets.
Designer Tom Ford's show at the New York Fashion Week was a star-studded one.
Toyota has capacity to manufacture 310,000 vehicles at its two plants located near Bengaluru
The West Bengal chief minister during the meet said that the state government was keen to utilise the Nobel winner's services.
Banerjee joins the list of Indians and people of Indian origin who have received the prestigious Nobel prize in fields like Physics, Chemistry, Peace, Economic Sciences and Medicine.
A look at how Brazilian model Aline Weber took the world of fashion by storm.
The Brezza is Maruti's answer to the Ford EcoSport and Mahindra TUV300 and was developed in India at a cost of Rs 860 crore.
The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross
Skoda's new flagship offering will compete with the likes of Toyota Fortuner, Ford Endeavour and Isuzu MU-X as well as Volkswagen Tigua.
RIL signed agreement to take 45 per cent interest in highly prospective Eagle Ford Shale play, the Mumbai-based firm and Pioneer said in separate but almost identical statements.
Whoever said that age can affect fertility, needs to think again!
A significant number of Indian car buyers opt for diesel variants instead of petrol ones.Let us check the five most searched diesel cars on the internet.
Reliance has also entered into an agreement with Pioneers existing partner in the Eagle Ford Shale play for about $210 million.
Some of the most popular small cars sold in India, including Maruti Alto 800, Tata Nano, Ford Figo, Hyundai i10 and Volkswagen Polo, have failed crash tests showing high risk of life-threatening injuries in road accidents, according to Global NCAP.
Carmakers are gearing up to launch a number of thrilling cars within a year.
Brands in India are finding newer, more innovative ways to engage with a wider audience during festivals. But they still have a long way to go before they match global campaigns.
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