Nissan and Renault say they will compete with new models, especially small cars, and by growing their dealer network.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries:
Besides job loss, the exit of the American cult bike maker would also lead to a loss of up to Rs 130 crore for the brand's dealer partners in the country.
Additional Advocate General for Uttar Pradesh Garima Prashad told a bench of Justice Surya Kant and Justice J K Maheshwari that the crime is grave.
Apart from a pavilion of vintage cars, there will be a Bollywood corner
Uttar Pradesh police on Tuesday arrested Shrikant Tyagi, who was recently seen in a viral video assaulting and abusing a woman at Grand Omaxe in Noida's Sector 93 and was on the run ever since.
The activist Birinchi Bora drove into the venue of the street play dramatically in a motorcycle with another actor dressed as Goddess Parvati for their play on Saturday which had several Hindutva outfits up in arms demanding their arrest.
'Only if the Budget springs some surprises we may see a halt in the selling.'
Like the Shourya and Prahar missiles, the Pralay is powered by conventional solid fuel, and its payload is designed to carry only a conventional warhead.
In April, MSI had recalled 1,03,311 units of its popular models -- Ertiga, Swift and DZire -- manufactured between November 12, 2013 and February 4, 2014 to replace faulty fuel filler neck.
Passenger vehicle wholesales in India increased by 12.73 per cent to 285,367 units in November as against 253,139 units in the same month last year riding on the back of festive demand, auto industry body SIAM said on Friday. According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales rose 13.43 per cent to 16,00,379 units, compared with 14,10,939 units in the same month last year.
The company will upgrade software in airbag control unit.
The Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines that will allow car dealers to become Motor Insurance Service Providers (MISP) and offer the policies of multiple general insurers, says Sanjay Kumar Singh.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
The top court also asked the Uttar Pradesh government, which opposed the bail plea of Ashish Mishra terming the offence as 'grave', to file an affidavit with regard to the status of the second case filed over the killing of three occupants of the SUV, which allegedly mowed down the farmers.
Vaishnaw said that the actual reason behind the accident could be ascertained only after dismantling the engine's equipment.
Besides opening up the possibility of a policy that allows vintage cars retrofitted with electric batteries to ply on roads, this also gives a clue to how cars older than 15 years that are banned can be valued again by a similar conversion to EVs, says Ritwik Sharma.
Bumper-to-bumper insurance cover for new vehicles will not be mandatory as suggested by the Madras high court in its order last month. Instead, the decision to make it mandatory or not will be left to the legislators and the parliament. On Monday, the court decided to modify its order, which had said that whenever a new vehicle is sold after 1.9.2021, it is mandatory for coverage of bumper-to-bumper insurance every year, in addition to covering the driver, passengers, and owner of the vehicle, for a period of five years.
All you want to know about claiming insurance for your damaged vehicle after an accident.
At its heart, the issue is more than compliance. It is the risk of possible breakdown of a strong nexus between insurance firms and motor car dealers that makes the business the top earner for the former.
Consumer sentiments have been dampened due to several factors like tight liquidity, high insurance, and high costs
Joint crack team of Maruti, Tata Motors, M&M to develop hybrid cars in India
Tesla's Model 3 sedan, scheduled to roll out later this year, will be critical to founder Elon Musk's ambitions to transform his company from a niche car-maker into a mass-market manufacturer.
Passenger vehicle wholesale in India increased by 14.19 per cent to 3,10,294 units in October against 2,71,737 units in the same month last year as companies despatched more units to dealers to cater to enhanced demand in the festive season, auto industry body SIAM said on Wednesday. According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also rose 16.88 per cent to 20,53,814 units, compared with 17,57,180 units in the same month last year. Motorcycle sales were at 13,82,749 units as against 11,16,886 units in October 2019, up 23.8 per cent.
Sanand has catapulted into the big league of automobile industry hubs.
Anti-sabotage checks are being carried out and patrolling has been intensified across the city, including on the Yamuna river where patrolling is being conducted on motor boats by the Delhi Police. Anti-terrorist measures are being carried out in view of threat perception and intelligence inputs, they said.
The killing led to tension and protests at several places in the coastal district on Wednesday with instances of stone-pelting and police lathi-charge.
Trump said the Saudis could be behind the disappearance of Washington Post contributor Khashoggi.
The auto maker wants to cut output in the wake of low demand.
According to the officials of Tirumala Tirupati Devasthanams, one of their sanitary workers was badly injured due to the storm and calamitic conditions in the state.
If the court order is implemented, it will lead to an increase in the insurance outgo for car owners by a minimum Rs 50,000 for car and a minimum of Rs 7,000 for two-wheeler owners.
The Tata group companies are now more valuable than all the listed central public sector undertakings (CPSUs) or companies in the country. The key 20 listed Tata companies ended the 2021 calendar year with a combined market capitalisation of Rs 23.36 trillion, ahead of the 70 listed CPSUs, which had a combined m-cap of Rs 23.2 trillion. In comparison, these CPSUs had a combined market capitalisation of Rs 16.7 trillion at the end of December 2020 against the Tata group firms' combined m-cap of Rs 15.7 trillion.
The price increase is marginal and the company is confident that the customers will appreciate its efforts to offer globally renowned products at affordable prices.
It is the global leader in car sales but in India, is a distant fifth.
Already reeling under a demand slump, automobile manufacturers have expressed disappointment over the RBI's decision to hike short term lending rate saying it is likely to impact the interest rates on car and automobile loans further.
After the second wave of the pandemic, general and health insurers have seen a fall in their outgo of Covid-related health claims. In the July-September quarter (Q2 of FY22), insurers settled a little over Rs 5,000 crore worth of Covid health claims. This is 35 per cent lower than the Rs 7,700 crore worth of claims they settled in Q1, sources said.
Asia-focused bank Standard Chartered has extended its sponsorship of Liverpool Football Club for two years, continuing one of the most lucrative deals in English sport.
Dhirubhai may or may not have owned the government; it would seem his son wants to own the market, notes T N Ninan.
Five cities -- Delhi, Bengaluru, Kolkata, Hyderabad and Surat -- ceded their power of procurement and agreed to a different procurement model to operate state-run buses.
