Following the re-entry of French car maker PSA Peugeot Citroen, the erstwhile sleepy town -- already home to Tata Motors' manufacturing plant for small car Nano -- finds itself along the country's prominent auto hubs like Pune in Maharashtra and Sriperumbudur in Tamil Nadu.
Automobile companies are worried about challenges from electric mobility, automation and connected vehicles.
Investors recognise India's market growth
India's huge digital prowess and potential will play a huge role in enabling digital lending, says Romita Majumdar.
China's annual automotive event, Auto China 2012, saw a record numbervisitors.
Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.
However, a prolonged and intense second wave that curtails oxygen supply to industries for a longer-than-expected period will exacerbate downside risk in affected sectors
The Pricol and Graziono cases are extreme ones, but there has been a steady rise in the number of worker disputes.
Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.
A car that gives you a better resale value will reduce the cost of your next purchase, points out Bindisha Sarang.
Marketers need to build on the country's core values to strengthen Brand India's presence abroad.
Indian two-wheeler majors Hero MotoCorp and Bajaj Auto are the biggest beneficiaries of this surge and, between the two, they are estimated to control about half of the local market there
Companies need to provide 90-95 per cent of what Europe, US, Japan, Korea may give and for that, you have to spend this kind of money: Pawan Goenka.
Automotive aftermarket has touched the Rs. 33,000-crore mark, but fake spare parts are costing the government Rs. 2,200 crore a year.
With only 11 categories, they had better be the best of the best. Here they are...
Maruti's exports are limited and mainly to countries in Africa and Latin America.
The XUV300, Mahindra's second compact SUV, is so packed with segment-firsts that it is sure to send shockwaves among competitors.
Input shortages and low inventories, according to Nomura, will likely lead to production cuts and delayed shipments in the September 2021 quarter.
The Mahindra Group struck up a series of high- profile deals with international aerospace players at the Air Show in Paris.
India has seen multiple instances of termination of agreements in joint venture contracts, most of which were formed in the early 1980's.
Maruti Suzuki remains India's most influential auto brand.
Black is the least opted shade when it comes to buying a four wheeler.
Chevrolet loses India on the map Why did GM's iconic all American brand mess up its chances in one of the fastest growing automobile markets?
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The locally produced top-end model S 500 will be priced at Rs 1.39 crore or Rs 13.9 million (ex-showroom, Delhi) and will be rolled out from the manufacturing facility in Chakan, Pune, Mercedes-Benz India said in a statement, adding that this strategic move will help to cater to the increasing demand.
Major automakers, including Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra, Kia, Toyota and Honda, on Thursday reported healthy growth in passenger vehicles sales in June, recovering from the disruptions induced by the second wave of COVID-19. The country's largest carmaker Maruti Suzuki India (MSI) posted total sales of 1,47,368 units in June, up from 46,555 units in May. Its domestic dispatches to dealers last month stood at 130,348 units, up from 35,293 units in May, as easing of COVID-related restrictions helped the auto major to dispatch more units to dealerships.
For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.
Maruti, Hyundai, Tata Motors, Mahindra & Mahindra and Honda saw their passenger vehicle sales improve in August compared to the same month last year, although Ford and Toyota witnessed a decline.
The first leg of the 35-day festive period, which ended with Dussehra, failed to bring any cheer for auto companies. While makers of passenger vehicles struggled to meet demand due to the persistent shortage of semiconductors, a recovery in demand remained elusive for two-wheeler manufacturers despite offers and schemes. The overall season, which ends two days after Diwali, is unlikely to bring any turnaround in either the supply or the demand scenario, said dealers and officials at auto companies.
Consumer electronics major Panasonic on Monday announced the setting up of an internal division, Panasonic Automotive Systems India, to focus on the Indian automotive sector.
General Motors aims to grab at least 5 per cent market share in India within the next decade.
Four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok -- had in 2014 signed on a document saying the assets held by one brother belong to all, and that each of them will appoint the others as their executors. But now family patriarch Srichand Hinduja, 84, and his daughter Vinoo want the letter to be declared of "no legal effect" and the family's assets be separated as per his wish of 2016.
Close to half a dozen more three-row premium mid-size models are expected to hit the road over the next two years.
You may no longer have to rely on international size charts.
The auto component sector grew at 5-6 per cent last year against a 13 per cent growth in 2012.
For automakers, the festive season is about raking it in through ramped up sales and attractive consumer offers. However, despite the robust demand, what may spoil the party this year is a global shortage of semiconductors.
Sundram Fasteners is planning to grow the Chinese venture further expanding on its product range covering fasteners, bearing housings, machined castings.
The department of revenue in a notification on Wednesday said anti-dumping duty is being imposed for six months on the import of wire road of alloy or non-alloy steel from China.
India offices of MNCs like DHL, Google and Marriott ranked among the top workplaces in Asia.
