Chevrolet's India strategy for 2007 doesn't end with the Spark.
General Motors India on Thursday cut prices of critical spare parts of two of its best selling models Chevrolet Optra and Tavera by as much as 26 to 52 per cent.
Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.
On Sunday morning, the sun shone brightly on vintage cars parked in symmetry on the grounds of ITC Maurya in New Delhi. The owners were making sure the old beauties turned up spick and span for a rally organised by ITC Hotels in partnership with the Heritage Motoring Club of India. The rally would end at ITC Grand Bharat in Gurugram, Haryana, later in the day.
The US-based auto maker told the government an internal probe had revealed the company had violated testing targets
Riding high on the Indian success story of its Chevrolet brand, multi-national auto major General Motors is looking at launching its premium and iconic Cadillac in the country in the next two years, a top company official said.
Hyundai Motor India will raise prices of its entire product portfolio in the range of Rs 5,000 to Rs 25,000 from Jan 2015.
Schemes like the Mukhyamantri Majhi Ladki Bahin Yojana strain fiscal resources amid rising unemployment and prices of food items.
General Motors India on Wednesday announced the launch of its new vehicle Chevrolet Tavera, a new generation premium multi-utility vehicle.
Core retail segments like motor and health continue to report strong growth of 19-20 per cent with competitive intensity still visible in the motor OD (owner driven) segment. Commercial lines reported muted growth. Group health remains a key driver. Among the listed companies, ICICI Lombard continues to trail in the motor section while Star Health has lost its Y-o-Y retail market share although its better on a sequential basis.
General Motors India on Wednesday launched a special edition version of premium mid-size car Chevrolet Optra to strengthen its position in the entry-level luxury segment.
Global auto companies are investing huge money to build infrastructure in the country despite the slowdown.
'An in-house contest encourages employees to share yoga and well-being practices with their families.'
Buoyed by the encouraging response to its premium mid-size car Chevrolet Optra, General Motors India is launching an automatic transmission variant of the vehicle by early next month, sources said.
General Motors India on Monday announced a loyalty scheme for its customers under which it will offer a bonus of Rs 20,000 on purchase of the Chevrolet Optra NY edition.
General Motors India on Monday unveiled Sports Utility Vehicle Chevrolet Forester and said it would invest Rs 1600 crore (Rs 16 billion) in the next two years to upgrade its facility here.
'Ratan had the quality that JRD and Russi Mody had -- they could walk with kings and never lose the common touch.'
The new hatchback will likely be powered with either 1.2 litre or 1.4 litre petrol engine.
General Motors India on Monday said it would launch Chevrolet Tavera in the second quarter of 2004 to take on competition from multi-purpose vehicles like Scorpio and Qualis.
The four other variants of the Optra are priced at Rs 810,460 for the 1.6 LS; Rs 877,548 for the 1.8 LS; Rs 1,022,252 for the 1.8 LT; and Rs 1,084,188 for the 1.8 LT (AT) model with an automatic transmission.
General Motors India is expanding its manufacturing capacity to produce 50,000 vehicles by 2005.
From the Sensex pack, Tata Steel, Titan, Tech Mahindra, Wipro, Bajaj Finserv, Bajaj Finance, Nestle India, Tata Motors and JSW Steel were the biggest laggards. ICICI Bank, Axis Bank, HDFC Bank, State Bank of India and Kotak Mahindra Bank were the gainers.
General Motors India on Monday launched a limited edition of its mid-size car 'Corsa Royale' in a bid to create product excitement and increase sales.
Domestic passenger vehicle dispatches witnessed a 13 per cent year-on-year rise in April as demand remained robust across segments, industry body Siam said on Friday. The total passenger vehicle dispatches from companies to dealers rose to 331,278 units last month compared to 293,303 units in April 2022. Market leader Maruti Suzuki India dispatched 137,320 units to dealers last month against 121,995 units in April last year.
General Motors India on Tuesday said it has sold over 1,000 units of the premium mid-size car Chevrolet Optra since its launch earlier this month.
General Motors India on Thursday launched premium hatch-back 'Opel Corsa Sail' and said it would invest Rs 180 crore (Rs 1.8 billion) by the year-end to roll out more vehicles.
Automobile manufacturers are likely to report strong numbers for the September quarter of Financial Year 2023-24 (Q2 FY24), riding on growth across segments and offset by a marginal drop in overall two-wheeler (2W) volumes. Higher average selling price (ASP) year-on-year (YoY), which was necessitated by price hikes taken by original equipment manufacturers (OEMs), and an improved product mix will also aid revenues and margins. Moreover, commodity prices are down on a YoY basis, leading to higher margins in earnings before interest, taxes, depreciation and amortisation (Ebitda).
Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.
General Motors India on Wednesday launched two variants of its mid-size car Opel Corsa.\n\n\n\n
Yet another first week of December brought familiar scenes of rain, storm, flooding, power outages, and fallen trees. When Cyclone Michaung wreaked havoc, leading to the heaviest rainfall in 47 years in the city, residents of Chennai drew parallels to the devastating floods of 2015. However, initial data on insurance claims suggests that the impact this time may portray a more optimistic scenario.
The rise of China and India as car consuming countries and fall of major US automakers last year are candid reflections of the restructuring of the global auto industry, a Congressional report has said.
General Motors India on Tuesday said sales touched a record 3,207 units in September, the highest in a month since its inception and a growth of 60.2 per cent over 2,001 units sold in the same month last year.\n\n
