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.
General Motors India on Wednesday launched two variants of its mid-size car Opel Corsa.\n\n\n\n
The Indira Gandhi Cultural Centre located in Dhaka's Dhanmondi area was damaged by the unruly mob, according to eyewitnesses.
Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.
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
The Kerala High Court has criticized both the ruling front and the opposition in the state for holding public meetings that block public roads and footpaths. The court observed that the December 5 incident, where the CPI(M) held a conference outside the Vanchiyoor court complex in Thiruvananthapuram, was a "clear case of breach of trust" as the government holds the roads as a trustee of the people. The court has directed the police to submit a report by December 16 identifying those involved in the meeting, including those who attended and were seen on-stage in news reports. The court also pointed out that the stage for the meeting was constructed right on top of the pedestrian/zebra crossing, completely blocking the carriageway on one side of the road. This caused traffic snarls and inconvenienced pedestrians, including school children, infants, and elderly persons. The court said that provisions of the Bharatiya Nyaya Sanhita (BNS) and other laws, like the Motor Vehicles Act, would be applicable to the incident.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
General Motors India said on Friday that its car sales surged by 192.7 per cent in July 2003 to 1,935 units from 661 units a year earlier.
General Motors India on Tuesday said its car sales soared by 77.3 per cent in June 2003 on the back of a surge in demand for the mid-size car, Opel Corsa.
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.
Health insurance policy-holders will be able to avail a discount on the premium payable if there were no claims made in the previous year, according to the circular released by the regulator.
General Motors India on Wednesday reduced its car prices by Rs 24,800-Rs 43,000 following the eight per cent cut in excise duty in the 2003-04 Budget.
Advait Rao Palepu reports how a recent Supreme Court order will impact motor vehicles insurance policies.
Tata Motors is stripped off India's most valuable company tag.
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
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.
US car maker General Motors on Monday launched its luxury sedan Chevrolet Cruze in India at an introductory price ranging from Rs 10.99 lakh (Rs 1.09 million) to Rs 12.45 lakh or Rs 1.24 million (ex-showroom, Delhi).
Exports in August were up 10.3 per cent to 12,472 units from 11,305 units in the same month of previous year.
The average ticket size of retail health insurance in India has increased by nearly 48 per cent over 6 years due to elevated medical inflation and increased demand for higher coverage policies among policyholders. According to data by online insurance broker PolicyBazaar, the average ticket size of retail health insurance in India has increased to Rs 26,533 so far in FY24, up 48.22 per cent from Rs 17,900 in FY19.
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.
American car makers are know for it but Indian manufacturers are soon catching up with the trend.
The RBI on Thursday lowered the benchmark repurchase rate to 7.75 per cent from 8 per cent, the first reduction since May 2013.
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.
'It is difficult to write business internationally, without an 'A-' rating. It becomes more expensive.'
Asked if it is looking at the Maruti 800 and the Chevrolet Spark segment, Nigel E Wark, executive director, marketing, sales and service, Ford India, said: "Yes, we will be launching the small car in this segment broadly, but there are sub-segments and this is where we will differentiate ourselves. We will be competing in the largest volume segment. India and China are the two markets where small cars are in huge demand and we will be focusing on these countries."
Jagdish Khattar, Maruti Suzuki's managing director, talks about the need for small cars, global players expanding in India, and why his company will prosper.
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).
There was no sale of premium sedan Kizashi during the month.
The company wants to exploit the space further as the online medium is the most cost-efficient advertising option compared to print and television.
Chevrolet Beat Activ Concept debuts a new design language for GM India
Any unexpected expense can disturb the finely-balanced budget of middle-class individual. That's when a motor insurance policy comes as a saviour
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.
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.
'An in-house contest encourages employees to share yoga and well-being practices with their families.'
The Korean company has sold over 1.36 million cars and has exported 535,000 units.
Auto major Mahindra & Mahindra on Friday said it will hike the prices of its passenger cars and commercial vehicles by Rs 6,000 to Rs 20,000 from October 1, partly to offset higher input costs and depreciation of rupee against the dollar.
Japanese auto major Nissan recently appointed Takayuki Ishida as managing director of its Indian subsidiary Nissan Motor India Private Limited (NMIPL).
