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.
Maruti Suzuki India (MSIL) will issue equity shares on a preferential basis to parent Suzuki Motor Corporation (SMC) to acquire 100 per cent stake in the latter's Gujarat plant. This deal is expected to increase the share base of MSIL by about 4 per cent. And consequently, it will raise SMC's shareholding in Maruti by around 1.8 percentage point. "Whether it is in terms of PAT (profit after tax) or earnings per share (EPS) or dividend per share (DPS) of MSIL, the share-swap option will give shareholders a better deal than any other option such as cash payment," MSIL chairman RC Bhargava told reporters during a press conference.
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 Wednesday launched the new look Opel Corsa and said the company was working on new programmes to introduce more special editions of its cars in 2005 to boost sales.
Maruti Udyog on Monday said its cars were set to become dearer by 2-2.5% owing to rise in steel prices and technology cost for new emission norms.
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 steals the show at the Auto Expo 2016 with an impressive line up.
General Motors India on Wednesday announced the launch of its new vehicle Chevrolet Tavera, a new generation premium multi-utility vehicle.
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.
An insurance company is liable to pay compensation to the accident victim's kin even if the driving licence of the offending vehicle's driver has expired and not renewed, as an expired licence would not make him an unskilled driver, the Bombay high court has said.
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.
General Motors India is expanding its manufacturing capacity to produce 50,000 vehicles by 2005.
General Motors India aims to double its production to 50,000 units even as it expects to clock sales of 20,000 units of all models during this calendar year.
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.
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.
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.
The Korean company has sold over 1.36 million cars and has exported 535,000 units.
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
General Motors Corp, the world's largest automaker, said on Thursday it will launch two new cars in India next year to help boost its share of a market forecast to be one of the world's fastest growing this decade.\n\n\n\n\n\n
