Frozen mutual funds and shares worth Rs 86.72 crore belong to Choksi and his group, and the rest are owned by the Modi group.
Honda has grown from 15% in FY12 to 27% now; Yamaha has doubled share to 5% in five years.
The challenges of transition to stricter emission norm BS-VI from BS-IV and compliance to new safety norms thereby making vehicles costlier are lurking around the sector.
McLaren's Fernando Alonso is set to start Sunday's Formula One Malaysian Grand Prix from the back of the grid as he tries out an upgraded Honda power unit in practice on Friday.
With Nexa, the value-for-money mass-market car maker hopes to attract premium buyers. Sangeeta Tanwar reports.
Audi's strategy seems to point to pushing technology to directly connect with consumers using digital platforms and marketing to synchromesh into one seamless experience, says Pavan Lall.
The agency, which has downgraded Asian auto majors like Toyota, Honda and Hyundai... said the current downturn will continue for the next three-four years and companies in the continent would look at delaying expansion projects and shutting down plants.
Records of millions of car owners are mined to generate leads, pitch sales and get feedback to develop vehicles, says Ajay Modi.
For the longest time the Polo GT had no real competition in terms of its build quality and product positioning. Until now, says Pavan Lall.
Even as India overtakes Japan in automotive sales in 2022, moving to third place for the first time, oddly enough the country's biggest motor show is going to see some big hitters give it a clear miss. Some prominent automotive brands have cited high event costs, negligible returns on investment, poor event management, and unfavourable location as reasons for their reluctance to participate. Major pure-play electric two-wheelers, too, are riding past this year's edition of the Auto Expo.
The rupee's slide against the dollar and euro has put pressure on international automobile companies as compressed margins may force them to revisit prices of imported models in the next few months.
Through a combination of local manufacture and imported CBU models, the company makes and sells four SUVs, one hatchback, and one sedan.
Improved performance and redesigned looks of new vehicles have increased satisfaction among the owners with Maruti Wagon R, Esteem, Honda City, Toyota Corolla and Tata Safari
Today, Suzuki depends on Maruti for its place in the world
After Ducati, Harley Davidson and big bikes from Suzuki, Yamaha, Honda and Kawasaki it's now the turn of the iconic British bike-maker Triumph Motorcycles to make its move in India.
She has been called again on Wednesday for a fresh round of grilling.
Domestic passenger vehicle (PV) sales saw a significant growth in October due to increased availability of semiconductor chips and rising consumer confidence. The sales figures during the month - which coincided with the first post-Covid festival season - released by the top ten carmakers saw a jump of 30.7 per cent to 322,885 units in October. Auto companies count wholesales - units dispatched to dealers - as sales.
Max Verstappen believes he can thwart Lewis Hamilton's bid for a seventh Formula One title this season if Red Bull give him the tools to do the job. Hamilton, 35, is chasing several records this season including Michael Schumacher's 91 race wins and seven titles, and has won five of the last six championships with dominant Mercedes.
Ashish Narsale/Rediff.com offers a quick checklist of the best of CES's Auto World. The future is here, you will witness self driven cars to flying cars controlled by AI. We bring you the highlight of the CES auto world.
Jagdish Khattar, Maruti Suzuki's managing director, talks about the need for small cars, global players expanding in India, and why his company will prosper.
Fernando Alonso left the Brickyard on Sunday without a fairytale victory to cap his Indy 500 adventure but had no regrets as he prepared to return to his Formula One day job with McLaren.
For those who've always wanted to drive a BMW in India, the 2 Series is easily the most fun to drive everyday car that money can buy.
Which one should you buy?
A few days into the New Year and news about more car updates is doing the rounds.
Rising fuel costs and a fast growing middle class makes India a potential market for microcars.
Market leaders saw good traction for new cars, including the electric ones.
Among Indian cars Vizag-based Stephen Panchigalla clocked 13.366s in his Skoda Octavia in the same J Class, which was run jointly for both Foreign and Indian cars, to ended up as the 'Fastest Indian Car.' Of the day.
Maruti Suzuki, with a half a dozen models ranging from the best-selling car Alto to WagonR, Swift and Estilo accounts for around 57 per cent of the small car market in India. In the premium hatchback segment, the company's market share stands at a robust 48 per cent.
Sources claim that 68-70 per cent of the workers at Halol are permanent ones, while the balance is tilted towards contractual workers at Talegaon.
Accord has registered sales of over 25,000 units since its launch in India.
Toyota, General Motors, Volkswagen, Ford, Honda, Renault, Hyundai, Suzuki and Nissan are among those who boast of production of a million unit or more every year.
The Dutchman stopped Hamilton from winning an eighth title with a gutsy turn in the final lap.
Tata now occupies the fourth slot with the incremental volumes from the Tiago
Domestic and foreign companies pour in a slew of investments in Gujarat.
Home-grown automotive players like Tata Motors, Ashok Leyland, Bajaj Auto, Hero Honda, TVS Motors and Maruti Suzuki are augmenting the use of plastics in engine components in an ambitious effort to reduce dependence on key metals like steel and aluminium, all of which have witnessed stupendous rise of 35-50 per cent in the past 5 months.
Ferrari's Charles Leclerc, starting on pole, finished second after defending hard against Verstappen with the two 21-year-olds banging wheels as the Dutchman forced his way past. Verstappen took the flag under investigation.
The company had launched the Yaris in May 2018 at a price range of Rs 8.75 lakh and Rs 14.07 lakh (ex-showroom), competing with the likes of Honda City, Hyundai Verna and Maruti Suzuki Ciaz. However, it didn't have a robust response in the market, clocking a cumulative wholesales of around 19,800 units.
'The phenomenal Max Verstappen was both sloppy and superb in Germany, getting caught out during the first two starts, and even spinning his car around to give the crowd something to gasp at with a Batmobile-esque 360 degree turn. 'After Hamilton crashed and Verstappen sniffed victory, though, he pounced hard, put his foot down, and took a deserved race win,' says Rediff's F1 columnist Raja Sen.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
