China's automobile industry has been the largest in the world in terms of automobile unit production since 2008.
The General Motors Building in New York is marked by buyers' curses.
The index is currently trading at 149 per cent of its historical P/B valuation, surpassing its previous peak of 125 per cent made in 2020-21.
Less than a week after sealing a deal with Chrysler to form a partnership, Fiat CEO Sergio Marchionne visited Berlin to try to convince Germany's political leaders of his plan to create a European car giant with the acquisition of General Motors Corp's Opel unit.
Beginning with a bang amid all the glitz and glamour of the biennial Auto Expo, the year will be ending with a whimper for the automobile industry as sales dwindle, and the worst-ever industrial violence at Maruti Suzuki's Manesar plant leaves a big scar.
In the seven months between April and October this year, the Chevy Spark has managed to sell less than 12,000 units, or an average of 1,700 units a month, while its peers Alto and WagonR (Maruti Suzuki) , Indica (Tata Motors) and Santro (Hyundai) have had average monthly sales of 10,000-18,000 units.
The government has asked SIAM members, to provide fresh data which will provide an indication about the diesel vehicle demand in the country.
The auto major had posted a profit of Rs 3,945.47 crore (Rs 39.45 billion) in the same period a year earlier.
The world's largest automaker is jilting America's Super Bowl for the global variety of football.
Harman, the premium global audio and infotainment group, which retails brands such as JBL, AKG and Harman-Kardon, is training Indian engineers based at its research and development centre in Bangalore to work on audio components for brands like BMW and Audi. This business contributes an estimated $600 million to the company's sales.
GM president and managing director Lowell C Paddock said the company is bullish on passenger vehicles with some commercial applications and is open to opportunities in the space.
Car sales in the domestic market overcame sluggish demand in the inauspicious shradh period and grew a healthy 22.4 per cent in September this year at 94,734 units against 77,384 units in the same month last year.
Seven auto companies lost share in the current year because of different reasons.
Honda, Mahindra and General Motors will launch three stunning cars starting from the first day of the month.
On 60 anniversary of 'America's sports car' Corvette, we look at the past and the future of this iconic machine.
The company on Thursday introduced its luxury sedan Teana.
GM, which sold 9.29 million cars in 2012, was the top-selling carmaker for more than seven decades before losing the title to Toyota in 2008.
Automobile dealers' body FADA has urged the government to formulate a task force to monitor the compensation structure being worked out by Ford India for its dealer partners across the country. In a letter to Heavy Industries Minister Mahendra Nath Pandey, FADA president Vinkesh Gulati also requested the government to instruct Ford India to keep the industry body in the loop regarding the compensation structure for the dealerships. "We humbly request your Ministry's intervention... Create a task force which takes day-to-day updates from Ford India to monitor the compensation plan for automobile dealers and dealership employees," Gulati said in the letter.
The launch, however, would take some more time.
IndusInd Bank, Suzlon, and Paytm will remain under focus, as the stocks are pegged to get added to the MSCI global standard index. These stocks, along with six others, are seen attracting cumulative inflows of nearly $2 billion from passive funds tracking MSCI indices. Persistent Systems, APL Apollo, Polycab, Macrotech Developers, Tata Motors DVR, and Tata Communication are the other six stocks that will be added to the MSCI index, shows an analysis done by Nuvama Alternative & Quantitative Research.
GM India said it has already sent individual letters.
General Motors sees a profitable, if risky, path in gaining Chrysler's revenues and slashing costs.
Among the Sensex firms, ICICI Bank and SBI led the index with the maximum gains of 4.68 per cent and 3.99 per cent, respectively. Other major gainers were Larsen & Toubro, Kotak Mahindra Bank and HDFC Bank. On the other hand, Wipro and Tata Motors defied the trend and traded in negative.
The companies continue to see heavy demand in utility cars.
The car will be available in petrol (priced between Rs 444,000 and Rs 558,000) and in diesel, too, (priced between Rs 587,000 and Rs 662,000).
The new model is available in petrol as well as LPG. The highest model in petrol costs Rs 381,000 and in LPG Rs 410,000.
As traders obsessively follow US presidential elections, expect a surge in case of a change of guard in the Oval Office.
Burgeoning demand for spacious people movers in India has led Ashok Leyland, a medium and heavy truck builder, to plan on developing a utility vehicle to take on the likes of Toyota Innova, India's largest selling multi-seater personal vehicle.
While the social media giant says 70 per cent of campaigns gives a return on ad spend of three times or more, many feel Facebook has still not managed a consistently successful model.
General Motors vice-president P Balendran is less diplomatic and talks about a 'severe blow'.
The technology is designed to keep the vehicle in its lane and at a safe distance from the car in front of it.
The engine of this car is now Bharat Stage IV compliant.
General Motors Corporation, the world's biggest automaker, has identified countries in the Asia-Pacific, including India, as one of its future growth markets.
If you think that revenue officials are going berserk, acting on their own, while the government chants the mantra of 'ease of doing business', you would be wrong. These moves appear to have full official backing, points out Debashis Basu.
Seven of the 30 largest U.S. corporations paid more money to their chief executive officers last year than they paid in U.S. federal income taxes, according to a study released on Tuesday that was disputed by at least one of the companies.
There is another common trend among these three players - they are all registering a volume decline in a market that is expanding at over 8 per cent
The Auto Expo, touted as the largest auto exhibition in Asia, covering around 1,20,000 sq mt, would be held in New Delhi from January 10 to 17.
