The cars will be competing with the likes of BMW, Jaguar, Mercedes-Benz, and Porsche.
India Inc is ready to diversify into unchartered areas.
Consumer sentiments have been dampened due to several factors like tight liquidity, high insurance, and high costs
India is today one of the top locations for semiconductor design and embedded software, but it remains hidden under a generic and misleading name, IT/ITES services.
Experts say while the increasing demand for a ban on Chinese goods might make for good optics, the reality is that India is still heavily dependent on that country in a wide range of industries like electronics, mobile devices, auto, pharma, telecom equipment, and fertilisers.
Tata-owned Jaguar Land Rover plans to generate 4,500 manufacturing and engineering jobs in London over next five years, JLR executive director Mike Wright has said.
Poor contract workers often have little or no access to safety equipment or health benefits in factories.
Market linking of petrol and diesel prices has helped the industry.
Pandemic-hit auto majors are likely to set aside these time-tested strategies for now, and, instead, focus on attractive finance schemes and an enhanced digital experience.
Once the 21-day lockdown is lifted, which may happen in phases, those who have been contemplating purchasing a car may actually do it, said analysts. Thanks to social distancing norms and rising hygiene awareness, daily commuters may ditch public transport and shared mobility solutions like Ola and Uber. Many are likely to prefer the confines of a car over roughing it up in crowded public transport services such as a metro, local sub-urban trains and buses, they said.
The demand for diesel cars, which account for 58 per cent of passenger vehicle sales in India every month, has seen a steep rise, as manufacturers continue to introduce variants that have diesel engines.
95 per cent of advertising inventory has been sold on television and 18 on-air sponsors have been signed up so far, the highest for any season.
The money will be used to develop products jointly.
Cyrus Mistry said more focus was needed for improvement in key areas such as vehicle technology.
The company had launched a couple of vehicles earlier this year.
M&M is keen to increase the number of factories in the Africa region and plans are afoot to have one each in Sudan and Kenya.
Mahindra & Mahindra is presently working on completing the deliveries of the 7,200 bookings that were made through a lottery that followed the inordinate demand of XUV 500.
While Hyundai Motor India reported a marginal growth, Toyota Kirloskar Motor witnessed a dip in sales last month.
Cheil India has a strong presence in the retail and shopper marketing space.
Sixty-six auto journalists from 22 countries rate the best cars in the world. Here are the winners of World Car Awards for 2013.
Industry chamber Federation of Indian Chambers of Commerce and Industry said the Reserve Bank of India should intervene and cut interest rates.
The company announced on July 11 that it would stop production at its automotive plants for a period ranging from 1 to 8 days during the remaining period of the month.
The transaction - the second one in less than a year - is seen as an effort to restore investor faith in the company following a dismal performance by its UK subsidiary, Jaguar Land Rover Automotive.
Tata Motors has halved the volume outlook for its UK subsidiary Jaguar Land Rover Automotive (JLR) and warned of lower earnings as it sees the semiconductor shortage deepening in the September quarter of the current financial year, according to a notification issued by the company to the stock exchanges on Tuesday. The announcement caught investors unawares. They were hoping for a quicker recovery. Tata Motors' stock tanked 13 per cent (on July 6) from the day's high of Rs 358.10 and hit the lower circuit (Rs 311.45) in intra-day trades.
While the share of diesel vehicles sales in the overall passenger car industry has already fallen sharply, sales of CNG vehicles have shown a compound annual growth rate of 15.5 per cent over the past five years.
Maruti's exports in May were down 2.4% at 9,089 units
Scooters, once the fastest growing sub-segment, also declined for the second consecutive month in September.
India's planned transition to electric vehicles will drastically affect the commodities market, says Aditya Gandhi
As India is progressing towards Bharat Stage IV (BSIV) emission norms, most cars still run under BSIII standard.
In about one-and-a-half to two years' time, Fiat's independent showrooms would be present in 20 cities.
Sales of four- and two-wheelers almost halved in August, compared to the equivalent month last year.
Global NCAP strongly believes that no manufacturer anywhere in the world should be developing new models that are so clearly sub-standard.
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.
India's own automotive design house, DC Design, is all set to unveil a supercar at the forthcoming 2012 Auto Expo to be held in Delhi.
The company has purchased 43 per cent stake from its Chinese partner Shanghai Automotive Industry Corporation Group for an undisclosed sum.
Built by Mumbai-based designer Dilip Chhabria, the prototype of the 'AMV8 Vantage Concept' car was unveiled at a glittering show on Monday.
General Motors India, the joint venture company of General Motors, US, and Shanghai Automotive Industry Corporation, China, is looking to sell small-capacity engines made from its Maharashtra plant to companies willing to have a sourcing pact with it.
Sundaram Fasteners Ltd, India's largest maker of nuts and bolts, said on Wednesday it will begin commercial production in April 2004 from a new plant it is setting up in China.
Indian auto component industry is expecting a slowdown in growth to 12-15 per cent in 2011-12 from over 34 per cent in the previous fiscal, Automotive Component Manufacturers Association of India said on Tuesday.
