While SUVs have steadily gained share across the industry, data shows that nearly three in 10 luxury vehicles sold in India are sedans, highlighting the segment's resilience despite years of SUV-led growth.
If Volkswagen's sales were to plunge in North America in the coming months, this would not only have an impact on the company, but on the German economy as a whole.
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way
'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'
Auto parts exports from India may see a slight slowdown as US President Donald Trump's 25 per cent tariff could increase car prices for buyers by 8-25 per cent, thereby affecting demand, experts believe.
German machine tool exports to India have been growing at double digit figure since 2002. Moreover, German exports saw an increase of 23 percent in the first half of 2007 compared to the same period last year, Chairman of VDW, the German Machine Tool Builders' Association, Carl Martin Welcker said on Thursday.
The 11th edition of the Mercedes-Benz Classic Car Rally in Mumbai on Sunday featured headturners that left the audience gasping in awe. Rajesh Alva/Rediff.com presents a ringside view.
Passenger vehicles, motorcycles, bikes and commercial vehicles made their presence felt at the Munich Auto Show.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
Volkswagen has admitted that 11 million diesel engine cars worldwide were fitted with the software that helped in manipulating emission tests.
Red Bull's 23-year-old German Sebastian Vettel also finally got his hands on the championship winner's trophy at the same International Automobile Federation (FIA) awards ceremony in Monaco on Friday night.
After incurring losses for two years on the trot, German luxury automotive company Bayerische Motoren Werke AG (abbreviated as BMW) has posted net profit in India in 2021-22 (FY22), primarily due to high demand of its top-end vehicles, cost optimisation, and price hikes, Business Standard has learnt. BMW India said in its FY22 financial statement that the company is focusing on growth and achieving profitability through induction of new products in the market, strengthening its dealership network, and improving customer satisfaction while reducing costs. The company posted its highest-ever revenue in India in FY22 at Rs 4,365.8 crore.
At its manufacturing facility in Pithampur (Madhya Pradesh), the company would be establishing a new assembly line for manufacturing the high-end MPV, Force Motors Ltd chief operating officer (Tractor Business) and President (Corporate sales and marketing), Naresh Kumar Rattan said.
If you want a premium car where you will take to the driver's seat very often this one's for you.
In India, over 13.25 lakh cars have been recalled by various auto companies so far.
A bench headed by NGT chairperson Justice Adarsh Kumar Goel directed the carmaker to deposit the amount within two months.
As India is progressing towards Bharat Stage IV (BSIV) emission norms, most cars still run under BSIII standard.
'It is going to be as high as 50% in the coming one or two months and can be about 20% to 25% in the medium term.'
Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards resuming economic activity after weeks under a near-total coronavirus lockdown.
On Sunday the Ukrainian Tennis Federation urged the sport's governing body the International Tennis Federation (ITF) to immediately expel Russia and Belarus from the organisation and ban Russia from team and individual tournaments. Also, athletes from Ukraine and other nations have called on the International Olympic Committee (IOC) to suspend Russia and Belarus and ban their athletes from events immediately.
South Korea is the first country after the US to announce measures.
While Toyota will acquire 4.94 per cent shares of Suzuki, worth $ 908 million, the latter will make a $ 454-million investment in the biggest automaker of Japan. Premium products from the Maruti stable such as the Baleno, Ciaz and Vitara Brezza will be sold under the Toyota brand with small changes.
The birth-child of the much renowned TVS-BMW joint venture, the new BMW G310R, will be launched by October of this year, bang in the middle of the festive season, reports Indian automobile website MotorBeam.
Netaji had used the Audi Wanderer W24 to escape from his Elgin Road residence to Gomoh railway station in Jharkhand to catch a train to Delhi.
The app, named after the German word 'Haptik' that means the same as 'haptic' in English, is available both on the iOS and Android platforms.
Some new EU cars, including Mercedes, BMW and Peugeot vehicles, were using around 50 percent more fuel than manufacturers claimed.
German prosecutors launched an investigation on Monday into fraud allegations against former Volkswagen boss Martin Winterkorn.
One can see the scale of recalls going up as the market expands.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
'The success of the country's economic policies is affirmed by receipt of FDI of $15 billion last year, the highest in the Asia-Pacific after China and India, and well ahead of Indonesia, Australia, Singapore, Malaysia and Thailand,' notes Ambassador Talmiz Ahmad.
Volkswagen mess costs Germany its strongest nation brand position.
Quadruple Formula One world champion Sebastian Vettel went for five on Friday with the German choosing to have that numeral on his car when he is eventually deposed as number one.
New campaigns rev up their marketing pitch, while new challengers such as Tata Motors with the Zest promise to put up a spirited fight
Summary of sports events and persons who made news on Tuesday
The scandal has also rocked the wider car market, with manufacturers fearing a drop in diesel car sales.
The cars, some 482,000 Passats, Golfs and Jettas sold in model years 2009 to 2015 in the United States, are peppy and fun to drive, owners say.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.
