India's biggest carmaker Maruti Udyog Ltd on Tuesday announced the setting up of a diesel engine plant with an investment of Rs 350 crore (Rs 3.50 billion).
With vast disparity in fuel prices, the demand for diesel cars had reached upto 85 per cent and petrol cars had come down to 15 per cent, which otherwise usually remained at 50:50 per cent levels in India.
Stung by its indifferent show in India, the Detroit giant is overhauling the entire line-up of cars.
In a market economy, the health of the personal transportation industry is linked to the economic health of the nation. However, the health of a specific auto-player is not that crucial.
Contrary to the General Motors India's expectations of starting work at its beleaguered Halol plant from Monday, the deadlock over wage revision seems far from over.
General Motors India on Wednesday said it was looking at phasing out some of its old models such as the Aveo and the Optra and replace these with new ones.
After a six-week tussle, the strike at General Motors India's Halol factory, 35 km from Vadodara, has finally been called off, with the workers and management reaching an understanding.
Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs 1,144,45, on rallying 10 per cent on the BSE. The board of directors of the Corporation are scheduled to meet today i.e. February 8, 2024, to consider a proposal for declaration of interim dividend for the financial year 2023-24 (FY24). The board will also consider and approve the unaudited financial results for the quarter and nine-month period ended on December 31, 2023.
The Beat LPG has been priced at between Rs 4.10 lakh (Rs 410,000) and Rs 4.53 lakh (Rs 453,000) -- ex-showroom Mumbai.
The price mentioned is for the Bharat Stage (BS) III version, while the cost of BS IV will soon be updated by the company.
Scientists at the Central Salt and Marine Chemicals Research Institute are working on a project to develop frost-tolerant varieties of bio-fuel bearing Jatropha plant for large-scale plantation in the US.
This car is touted to be Chevrolet's next big thing in India.
That means a manufacturer looking at a market like India needs to decide whether small, cheap cars or small, expensive cars or both will work better for them, says Pavan Lall.
Indian passenger car sales jumped by 10.15 per cent in January to 54,825 units from 49,769 units in the same month last year.
A year that began with a bang only to fizzle out in the end with car sales posting the steepest fall in nearly 11 years; a year marred by strikes -- 2011 will be one that the Indian automobile industry would like to forget in a hurry.
Indian and international brands are now all focused on small cars.
With the job squeeze coming up, it may be a good time to assess your strengths and weaknesses, be prepared and move on if you must. Vikas Shirodkar, Vice President HR, General Motors lists out the ten most practical ways to deal with this impending situation.
Toyota Kirloskar Motors on Thursday launched Innova, a replacement model for its flagship Qualis, pricing the base models of petrol and diesel versions at Rs 6.82 lakh and Rs 7.42 lakh respectively.\n\n
Maruti Suzuki India (MSIL) has ambitious plans to increase capacity. It is also seeking shareholders' approval for a complex swap transaction, which would acquire Suzuki Motor Gujarat (SMG), a subsidiary of Suzuki Motor Corporation (SMC) through a preferential offer. SMC already holds 56.37 per cent of MSIL's equity.
The version is GM India's first clean-burning liquefied natural gas car in India, built at company's plant at Talegaon in Maharashtra.
Talks between the management and workers on strike have so far failed to yield any result and even the threat to terminate jobs have not made the nearly 200 agitating employees return to duty.
Always wondered what hiring managers wished you knew? Vikas Shirodkar, vice- president, Human Resource Development, General Motors, India, spells out the six qualities he always looks for in prospective candidates.
There are 763 registered voters among around a thousand residents of this remote village in Alirajpur assembly constituency, reserved for the Scheduled Tribes, but no candidate has bothered to visit the place, locals said on Thursday.
Workers resorted to strike at the Halol facility in Gujarat that has an installed capacity of 85,000 units a year.
Everyone could do with that little extra cash but how do you sell the idea to your boss that you deserve it. Vikas Shirodkar, Vice-president, Human Resource Development, General Motors, India lists out these dos and don'ts to follow.
'The promises of netas and babus and new laws, however well-meaning, mean little.' 'What matters is implementation on the ground.' 'Every law is finally implemented by a vast army of offici
The company wants to exploit the space further as the online medium is the most cost-efficient advertising option compared to print and television.
US automaker General Motors' chief executive has apologised for the company's handling of the failed sale of its subsidiary Opel to Canadian manufacturer Magna and Russian investment bank Sperbank.
The decision to retain Opel in addition to restructuring its European operations was taken by the company's board of directors in the backdrop of "improving business environment," GM said.
Led by the country's largest car maker Maruti Suzuki, Ford India, General Motors and Toyota Kirloskar logged overall growth in sales volumes.
The company, which plans to launch three light commercial vehicles from the stable of its Chinese partner Shanghai Automotive Industry Corporation during the same time period, also said it has lined up to introduce 14 new variants of its existing car models.
It was reacting to lawyer Mathews Nedumpara's email to the top court in which he claimed the apex court has been hearing only constitution bench matters, which have no public interest involved, and not the cases of ordinary citizens.
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.
