The Pune-based research institute will design and develop car batteries and offer the technology for mass production.
Manufacturers report unexpected post-festival surge in demand.
Maruti Swift DZire cuts out as the most fuel-efficient offering.
It will be launched this Diwali.
Such a financial condition had impelled the management to expedite a board resolution for fresh infusion of equity capital through a rights issue.
McLaren unveiled their new Formula One car on Sunday, certain it cannot be any worse than last year's but still unsure when they might get back to winning ways after their longest drought in decades. The former champions have not won a race since 2012 and finished last season, the first of a new partnership with Honda, ninth of the 10 teams with just 27 points compared to 703 for dominant Mercedes. The three years without a win is the team's longest barren stretch since their absence from the top step of the podium in 1994-96. "As we embark on the second year of our renewed McLaren-Honda partnership, all of us remain united in our purpose. That purpose is to develop our team towards our shared ambition: to win," said McLaren boss Ron Dennis. "We'll make no predictions as to when those wins will come," he added. The new MP4-31 car was presented online in a predominantly black livery with some prominent new sponsors in LVMH's sparkling wine brand Chandon and watchmaker Richard Mille replacing the departed Tag Heuer.
Honda Siel Cars India is planning to source steel from India for its local operations and is in talks with Tata Steel. A Tata Steel spokesperson confirmed that the companies were in discussions. Currently, Honda sources steel plates from Thailand for its Greater Noida facility. Honda models, like the City and Civic, have 74 per cent localisation, while the newly launched hatchback, Jazz, has 77 per cent local content.
As auto enthusiasts in India wait eagerly for the launches slated for 2013, we take a brief look at some of the most popular upcoming diesel cars of the New Year.
Today, the Civic range starts from a whopping Rs 14 lakh for the base model and creeps to close to Rs 16 lakh for the automatic version.
The victory at Suzuka was the Dutch driver's 13th in 16 races this season and left him on the brink of a third world title.
French auto major Renault on Wednesday said it will increase vehicle prices in India from next month to offset the impact of high input costs.
Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.
Amongst cars sold in the mid-size category (domestic sales) between April 2007 and March 2008, diesel variants outsold petrol car models roughly in the ratio of 7:3. That means over 70 per cent of the over 1,79,493 mid-size cars sold in the domestic markets were diesel models. Diesel mid-size cars on an average are priced 15.5 per cent more than the petrol variant. Overall, the mid-size category, petrol and diesel models included, grew by 14.6 per cent.
China's burgeoning automobile industry suffered a jolt as Honda, the second largest car manufacturer in the country, shut down all its four assembly plants after workers went on strike demanding better wages.
Media reports said the "Kentucky Kid", who won the MotoGP championship on a Honda in 2006, is in a serious condition.
'Gujarat is the frontrunner at present.'
'However, Tamil Nadu's robust automobile ecosystem and Telangana's aggressive incentives make them strong contenders.'
Maruti and Hyundai cars will be more expensive from February.
India isn't a very popular sports car market, simply because whatever is on offer in the country is very expensive
The company's largest selling sedan 'City' will be cheaper by Rs 19,000-Rs 21,000, while 'Civic' will cost Rs 29,000-Rs 31,000 less, an HSCI statement said. Top-end sedan 'Accord' will be cheaper between Rs 27,000 and Rs 28,000, it added.
Small cars account for 80 per cent of the domestic market
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push dispatches to their respective retail partners. Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month as compared to the year-ago period, when dispatches were adversely impacted due to the impending transition to BSVI from April 2020 and the nationwide lockdown to contain the coronavirus pandemic. The country's largest carmaker Maruti Suzuki India said its domestic sales stood at 1,49,518 units last month. The auto major had reported sales of 76,976 units in March 2020.
Honda, Mahindra and General Motors will launch three stunning cars starting from the first day of the month.
Toyota and Honda of Japan, and the US auto major Ford are ramping up their sales and distribution networks as they gear up to launch small cars.
'More than one brand in a showroom is too risky because customer loyalty in this market is low. Most people don't drive different cars made by the same manufacturer for a lifetime, they experiment.'
MNC auto firms that sold cars below cost, at a loss, thereby paying lower excise duty are prime targets.
Let's take a look at top three cars across nine different segments as rated by the owners.
A quarter of the car sales in China are of electric vehicles; domestic brands command 81% of EV sales in the country.
Is the Activa 5G the same old 4G in some fancy colours, or does it pack more? Nabeel Khan has the answers.
Demand rising for Maruti Celerio, Honda City, Hyundai Xcent, Nissan Terrano and Datsun Go, most of which were launched in 2014.
Hold your car purchase! You will have these options soon.
Brazilian Bruno Senna, nephew of the late triple world champion Ayrton, made his test debut for Honda in a new-look Formula One at Barcelona's Circuit de Catalunya on Monday.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
Maruti Suzuki and Hyundai would make the largest gain.
As fuel prices rise, here's a list of cars that will help you save fuel and money too!
The exercise is in keeping with SIAM's voluntary code on vehicle recall
The Honda Civic's automatic version comes equipped with cruise control which, when activated, drives the car by itself. The company's spokesperson says this facility is ideal on highways and for speeds above 40 km per hour.
It is immediately not clear how GST will impact the mass car market. Experts, however, say the level of tax on smaller cars will have to be at a differential to the sedans.
Car makers see a dip in demand from their biggest buyers, Ola and Uber. Demand from aggregators weakened for a number of reasons after a strong growth last year.
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.
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