Maruti Suzuki, riding on the success of models like Swift, Estillo and Dzire, posted a growth of 3.4 per cent over the same period in the previous fiscal.
Automobile manufacturers are offering freebies, ranging from gold coins and LED televisions to record discounts, to push petrol vehicle sales.
Led by Ajay Shriram, chairman and senior managing director, DCM Shriram, the CEO's delegation seeks to convey to their American counterparts the sense of optimism amongst Indian industry.
Only 1,200 exclusive units of the Innova Aero will be on sale till December, 2012, it said.
Your plans to bring home a dream vehicle may just have become a little more distant, with automobile manufacturers considering price increases to offset the impact of higher excise duty levied in the Union Budget.
The company, which is present in India through a joint venture with the Kirloskar Group, will be increasing the capacity of its plant in Bengaluru to 310,000 units per annum by March next year from 210,000 units at present.
Toyota is working on developing six subcompact cars as part of its global strategy to increase volumes in emerging markets over the next four years.
Toyota is working on developing six subcompact cars as part of its global strategy to increase volumes in emerging markets over the next four years.
Toyota Kirloskar Motor's (TKM) plan to set up a diesel engine plant is held up as it is unable to convince its Japanese parent because of the lack of clarity in pricing policy of the fuel in India.
Pooja, Disha or Sonam -- who gets your vote?
Having entered the mass segment in India with its compact range, comprising the Etios and the Etios Liva a little over a year ago, the campaign marks its first major attempt to communicate to the masses.
"India and Indonesia can do much more in the changing world," Sharma said at a reception hosted by the India-Indonesian Chamber of Commerce last night.
Speaking to reporters after flagging off Etios exports to South Africa for the first time, Sandeep Singh, deputy managing director (marketing), said so far the Camry had been imported.
A clutch of automakers including Maruti Suzuki, Hero MotoCorp, Mercedes Benz India, Eicher Motors, TVS Motor, and Isuzu Motors India announced they had got the clearance from the governments of the states they operate in to resume operations.
Since existing laws do not cover Covid-19, any compensation in this regard has to be left to the discretion of companies.
Every year, carmakers announce at the end of November or December their plans to increase prices of their vehicles by January.
While Tata Motors will stop production of commercial vehicles at Pune for three days this week, Maruti Suzuki India will be having its week-long annual maintenance shut down from next week.
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
Two office-bearers of the Toyota Kirloskar Motor Employees Union and eight other employees are staging the strike. Simultaneously, about 1,000 employees, registered with the TKMEU, staged a dharna at the factory gate from 10 am to 6 pm on Wednesday.
While the list of CEOs given to the French media mentioned Gautam Adani, the list given to the Indian media omitted his name.
'On November 8, two women activists were assaulted and left for dead because they were following the illegal mining trail. This is how bad the coal mafia is in Meghalaya.' 'Most politicians own coal mines, some policemen own coal mines and some in the administration own them.' 'So what you have is a nice cocktail and everybody is protecting each other.'
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
Hit by the depreciating rupee, auto companies, including General Motors India and Toyota Kirloskar Motor, are mulling hike in prices to offset the rising cost of component imports.
Dynamics of auto business will change if the government ends diesel subsidy to passenger vehicles.
The car will be available in both petrol and diesel options and will take on Maruti Suzuki's DZire and Toyota Kirloskar Motor's Etios.
Due to the continued pressure of high costs, Toyota is considering a price increase of up to 3 per cent across models with effect from January.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
'I know that they are a deadly terrorist group and that killing is their hobby. But I have no fear.'
After the easing of lockdown in mid-May, auto companies were able to resume production in a phased manner, but the ramp-up was slow due to a broken supply chain, and lockdown-induced restrictions.
However, the National Disaster Response Force, which has been engaged in the rescue operation since the day of the tragedy on December 13 last, will continue with their services.
The auto major has also invested Rs 3,200 crore to set up its second manufacturing facility in Bangalore.
The company says if the ban on diesel vehicles continues, around 13% of its sales will be hit.
The company, which is present in India through a joint venture with the Kirloskar Group, is investing Rs 1,650 crore.
The launch of two much-awaited compact cars of Honda and Toyota, scheduled to hit showrooms in a few months, may get reviewed as the two companies struggle with component supplies.
The company, which is present in India through a joint venture with the Kirloskar Group, will invest Rs 898 crore (Rs 8.98 billion) to expand the production capacity of the two plants by 2013.
The Etios sedan will be available in four variants.
The Rs. 3,200-crore (Rs. 320-billion) plant with capacity to produce 70,000 cars annually was to be inaugurated in Bidadi near Bangalore on March 15.
Reflecting the woes of the Indian automobile industry, the country's car exports remained flat at 550,466 units in 2013-14, during which domestic sales fell for the second consecutive year.
The company, which is present in India through a joint venture with the Kirloskar Group, said it expects to produce and sell 210,000 units next year.
Led by the country's largest car maker Maruti Suzuki, Ford India, General Motors and Toyota Kirloskar logged overall growth in sales volumes.
