Tata Motors is set to acquire Italy's Iveco Group, a strategic move aimed at propelling the Indian automaker into the top four global commercial vehicle (CV) manufacturers, with projected annual revenues of $35 billion-$40 billion within five years.
General Motors' Saturn Aura won the 'Car of the Year' at the North American International Auto Show this year.
TVS Motor Company has emerged as India's largest two-wheeler manufacturer by total sales volume in June 2026, surpassing long-standing leaders Hero MotoCorp and Honda Motorcycle & Scooter India, primarily driven by its strong international business performance.
General Motors is on an India overdrive. A mini car, a small car and an SUV
Protect your vehicle from the unpredictable monsoon season by understanding essential motor insurance add-ons like Engine Protect and Zero Depreciation, crucial for covering damages from floods, waterlogging, and preventing costly out-of-pocket expenses.
Insurers are bracing for claims worth nearly 5,000 crore from the recent floods in Gujarat, predominantly for property losses, though they do not foresee an increase in premiums within the competitive property insurance market.
Bondholders would initially get a 10 per cent stake, along with warrants for 15 per cent. Citing people familiar with the matter, the newspaper said, 'Bondholders with slightly more than 50 per cent of GM's $27.2 billion in bond debt agreed to support the plan.' GM had offered the bondholders the opportunity to take a larger stake in the company after they had overwhelmingly rejected a previous exchange offer.
The company has about 1,500 workers on its roll while 400 odd workers have been on strike since March 16 to press for their various demands.
US auto major General Motors on Thursday launched its locally-developed engine in India.
Auto major General Motors India is harbouring definite plans to launch a mini car that would be competitively priced and would aim to get a market share of 10 per cent, a top official of the company said on Saturday.
Beleaguered General Motors on Tuesday said it will acquire its strongest operations, including the Indian business, once the company steers itself out of bankruptcy.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
Hindustan Motors, owned by C K Birla group, has concluded an arrangement to supply engine and gearbox to General Motors' sports utility vehicles, which are yet to hit the Indian roads.
General Motors Corp will file for bankruptcy on Monday, forcing the 100-year-old iconic car major which has been one of the most visible symbols of American capitalism and economic might into uncharted waters of nationalisation or government ownership.
The Supreme Court has directed the Centre to ensure all roads have properly demarcated, encroachment-free spaces for pedestrians, emphasising that the right to walk on a footpath is a fundamental right.
Air India, SkyDrive, and Suzuki Motor Corporation have signed an initial pact to conduct a joint feasibility study on using electric vertical take-off and landing (eVTOL) aircraft for medical air logistics in India. This collaboration aims to address severe traffic congestion in major Indian cities, which poses challenges for time-critical medical transport, by developing last-mile emergency medical solutions.
Till now, the company was selling the Beat in petrol and liquefied petroleum gas variants.
The Ministry of Heavy Industries (MHI) anticipates disbursing approximately 4,700 crore in incentives under the automotive PLI scheme in FY27, more than double the previous two years, while also exploring financing mechanisms for electric buses and trucks and promoting domestic manufacturing of critical EV components.
General Motors India on Thursday unveiled its new mid-size sedan Opel Vectra in the premium car segment with ex-showroom price of Rs 15.99 lakh (Rs 1.59 million) in Delhi and Rs 16.9 lakh (Rs 1.69 million) in Mumbai.
Aiming to bolster its sagging auto sales and ultimately getting into the black, General Motors is set to emerge leaner and cost-competitive through drastic restructuring, according to the firm's bankruptcy filing.
Don't judge an expensive gadget only by its EMI cost; also consider how many years it will remain useful after you've finished paying for it.
With passenger vehicles (PVs), two-wheelers and three-wheelers registering double-digit growth, manufacturers raise production as the industry enters the festival season.
'Four years after paying $2 billion to extricate itself from a partnership with Fiat, General Motors is seeking a stake in the Italian automaker in exchange for its Latin American and European operations,' The New York Times reported. It said GM is eager to cede control of its money-losing Opel unit in Germany. 'But Fiat has also expressed interest in GM's other European operations as well as its historically profitable Latin American business,' the report noted.
Auto makers Tata Motors and General Motors India on Monday announced they will cut prices of their products after Finance Minister P Chidambaram decided to reduce excise on automobiles in the interim Budget 2014-15.
Automotive giant General Motors will make fresh investments in India to expand its Opel product line with a few models lined up for release this year.
While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.
Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.
General Motors Corp and Chrysler LLC have reopened merger talks, as Chrysler owner Cerberus Capital Management LP has signalled its willingness to give away part of its ownership in the auto maker, a media report said today, citing people familiar with the goings-on.
The Madras High Court's Madurai Bench has set aside a government order providing jobs to relatives of those who died in a stampede at Karur last year, citing violations of constitutional rights and existing compassionate appointment rules. The court highlighted that such appointments overlook others on waiting lists and could open "floodgates" for similar demands.
The company has purchased 43 per cent stake from its Chinese partner Shanghai Automotive Industry Corporation Group for an undisclosed sum.
Malaysia's Sepang circuit will host the rescheduled 'Gulf Air Bahrain Grand Prix in Malaysia' on October 4, Formula One announced, stepping in after the original April races in Bahrain and Saudi Arabia were cancelled due to the Iran war and Middle East situation.
SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.
'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'
The announcement comes a day after the iconic car maker filed for bankruptcy protection, being bogged down by huge losses and plunging sales in recent months. Without revealing the identity of the buyer, General Motors said it has entered into a memorandum of understanding with a buyer for Hummer, its premium off-road brand.
General Motors India expects to double sales of its vehicles to touch 16,000 units by December this year, Aditya Vij, the company's managing director, said in Bangalore on Wednesday.
General Motors India on Monday launched a new premium mid-size car - Chevrolet Optra - as part of the aggressive plans to grow its sales over five-fold to about 50,000 units in the next three years.
Orice ranges between Rs 4.41 and Rs 7.64 lakh.
