It is the global leader in car sales but in India, is a distant fifth.
Japanese automaker Nissan Motor Co on Friday said it would launch sports utility vehicle X-Trail by the middle of this year, marking the company's re-entry into India.
The auto maker wants to cut output in the wake of low demand.
The number of participating automakers has fallen from 50 in 2018 to 30 this year. The count of exhibitors, including technology companies, has come down from 119 to 112. And showstopper luxury and supercar brands, including Toyota, Jeep, Lamborghini, Porsche, and Volvo will be missing. Similarly, the commercial vehicle makers also gave the show a miss -- a prolonged economic slowdown has dented their fortunes and near chances of any recovery.
Domestic passenger vehicle sales declined 0.84 per cent to 2,63,773 units in November from 2,66,000 units in the year-ago period. Motorcycle sales, too, declined 14.87 per cent to 8,93,538 units. Vehicle sales across categories registered a decline of 12.05 per cent to 17,92,415 units from 20,38,007 units in November 2018.
Kerala will be one of those places where the line between tourism, a land, a people and their way of life will blur. It won't be tourism; it will be a visit to experience Kerala.
'We will be looking to prune our portfolio to make GIC Re a healthier entity.'
Companies need to provide 90-95 per cent of what Europe, US, Japan, Korea may give and for that, you have to spend this kind of money: Pawan Goenka.
At its heart, the issue is more than compliance. It is the risk of possible breakdown of a strong nexus between insurance firms and motor car dealers that makes the business the top earner for the former.
These companies have survived bankruptcies.
Battered by the Covid-19 pandemic, the maker of the Fortuner and Innova models is staring at a steep loss in the ongoing financial year.
Turns down firm's plea for stay on CCI order; final order pending
'As a course mate who has followed closely this star on the Bombay Sappers firmament, my heart swells with pride to see his extraordinary brilliance and focus; his commitment and his dedication; his hard work; and his technical as well as tactical knowledge,' says Colonel K Thammayya Udupa (retd) of his batchmate General Manoj Pande who will take over as chief of the army staff on May 1.
The recently anointed managing director and chief executive officer at Maruti Suzuki India Ltd tells Business Standard how he intends to get back to over 50 per cent share in the domestic market, apart from a larger role in the parent's global operations.
The overall volume at India's top four M&HCV makers - Tata Motors, Ashok Leyland, Volvo Eicher, and Mahindra & Mahindra - fell 59.5 per cent to 31,067 units during the month.
'Unquestionably, the spirit behind the Panchsheel agreement and the 'Hindi Chini bhai bhai' slogan were thrown overboard by the Chinese, and a trust deficit was injected between the two nations.' A revealing excerpt from General J J Singh's The McMahon Line: A Century Of Discord.
Firms in which IP is critical, such as pharma and research and knowledge-based organisations, were taking the lead in seeking cyber covers to protect their computer systems from hack attacks
'Cyrus was always very different. He would think before acting.'
They are also on the board of Maruti Suzuki India.
Parts of electric cars are costlier and repairing often means replacing an entire system, which drives insurance premium rates up.
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The Council includes companies like Tata Motors, Flipkart, Airtel, P&G, Madison World, ICICI Bank, HUL, Micromax and Future Group among others.
SBI may charge 14 to 14.75% for 5-year loans.
Rolls-Royce Motor Cars previewed its two-door, four-seat Phantom Coupe in Mumbai on Saturday, its fourth new model in the Phantom series line-up.
Dr Ravi Prakash's 250 vintage car collection includes J R D Tata's 1940 Buick Limousine and a Sunbeam-Talbot used by Lord Mountbatten.
This is, say tax experts, the first time that a car race circuit has been held to be the permanent establishment of an assessee.
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
Today, apologies by CEOs of global corporations have become so common that you get case studies on the subject.
After the Chennai floods, insurance companies had got 50,000 claims worth Rs 4,800 crore.
From auto to watches, the mood is sombre due to the alarming state of the Indian economy and value erosion in stock market capitalisation.
'Online aggregators offer discounts of 70% to 75%.' 'At a car dealership, the discount is usually in the range of 30% to 35%.'
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Two-wheeler major Kinetic Engineering plans to sell 1,000 units of its new sports bike Comet 250 in India, a top company official said.
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
The electric vehicle market in India needs a policy push that goes beyond targets, says Vandana Gombar.
Toyota Kirloskar Motors, makers of Innova, has targeted to sell 4000 units per month in 2007, a senior company official said on Monday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The ministry's year-end review is silent on the continued occupation by Chinese troops of territory that India has always claimed and patrolled.
Osamu Suzuki, chairman, Suzuki Motor Corporation, is likely to meet Gujarat Chief Minister Narendra Modi to finalise plans to set up a manufacturing plant for Maruti Suzuki India.
The BGB Director General has assured a through probe of the incident, they said.
'Kindly advise about the following stocks. Can I hold or exit?'
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