Exports in August were up 10.3 per cent to 12,472 units from 11,305 units in the same month of previous year.
Auto major General Motors India on Friday launched its premium hatchback car, the 1.2 litre petrol Chevrolet Aveo U-VA at Rs 3.99 lakh (ex-showroom Delhi).
What India needs is a not cheap car, but more fuel-efficient cars. It also needs to make its public transportation better.
General Motors India (GMI) on Monday launched a variant of its sports utility vehicle 'Chevrolet Forester' to tap the growing SUV market in India.
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.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Aditya Vij, President and Managing Director, General Motors India, launched a special edition of Chevrolet Optra in New Delhi.
Spark will be targeted to cut a major slice of the growing small segment pie.
General Motors has said that it will launch a second small car in India in the next two years as it looks at emerging markets to make up for sluggish sales in the US. A late entrant in the country's small car market, GM sells the Chevrolet Spark at around Rs 300,000.
Floods in Gujarat caused a Rs 30 crore (Rs 300 million) loss to General Motors India and the company said it expected sales performance to be hit, for the second consecutive month, in July.\n\n
Carmakers usually come up with such year-end announcements.
Automobile sales in India started on a high note this fiscal with cars and bikes witnessing an over 16 per cent surge in demand in April even as commercial vehicles saw numbers gain to the maximum, rising by a whopping 68.5 per cent.
The company also plans to launch luxury sedan Chevrolet Cruze in September and a mini car by the end of this year. Earlier this week, the company had said its India operations will remain unaffected despite its parent filing for bankruptcy protection, but it is currently facing difficulties in raising funds for completing its engine manufacturing plant at Talegaon in Maharashtra.
General Motors India on Wednesday said its sales grew 42 per cent in February 2005 and announced that expansion of its Halol plant would be completed later this month.
General Motors on Saturday launched its new sedan, Chevrolet Aveo, positioned as an entry-level mid-sized car and said it is eyeing total sales of 50,000 vehicles in the Indian market this year.
General Motors India would double its production capacity to 60,000 units per annum by March this year, a senior company official said on Thursday.
India's passenger vehicle exports rose by 26 per cent in April-June 2022 aided by enhanced shipments to Latin America and Africa and a low base of the year-ago quarter that was hit by the second wave of COVID-19. As per the latest data released by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle shipments rose to 1,60,263 units in the April-June period of this fiscal as compared with 1,27,083 units in the same quarter of 2021-22. Passenger car shipments saw an 88 per cent year-on-year growth at 1,04,400 units while utility vehicle exports rose 18 per cent to 55,547 units during the period under review, SIAM data showed.
The Tata Tech IPO will be the first from the Tata group since TCS listed its shares in 2004.
Riding high on record sales of 3207 cars in September 2004, General Motors India is setting up a call centre to provide hassle-free services.
German auto giant Volkswagen has asked its joint ventures in China to slash costs by $500 million by the end of 2005 to face an expected profit drop due to intense competition, especially from General Motors, the state media reported on Tuesday.
The Indian subsidiary of US auto giant General Motors Corp will launch a premium sedan Chevrolet Optra later this month, making India the second country in the world after South Korea where this vehicle would be produced locally.
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.
General Motors India on Tuesday reported a 74 per cent sales growth to 1,401 units in April 2004 over 805 units in the same month last year and said it would bring in more 'Chevrolet' models.
Rick Wagoner, chairman and chief executive officer, General Motors, spoke to Business Standard on the Indian market.
HCL Technologies Ltd, India's fifth-largest software exporter, reported on Thursday second-quarter consolidated net profit fell 35.9 per cent year-on-year, slightly below market expectations, pushing its shares lower.
