Harman, the premium global audio and infotainment group, which retails brands such as JBL, AKG and Harman-Kardon, is training Indian engineers based at its research and development centre in Bangalore to work on audio components for brands like BMW and Audi. This business contributes an estimated $600 million to the company's sales.
Toyota, Mercedes Benz and BMW, have announced a hike already.
The GST Council last year imposed a cess of 15 per cent on hybrid vehicles, in addition to the 28 per cent GST, leading to a total tax burden of 43 per cent against a previous tax rate of 28 per cent.
The company will utilise this time to carry out maintenance work at its manufacturing plants.
Only 1,200 exclusive units of the Innova Aero will be on sale till December, 2012, it said.
Stung by its indifferent show in India, the Detroit giant is overhauling the entire line-up of cars.
The entire range of Hyundai's diesel cars - from compact ones to SUV models, including the soon-to-be-launched Aura - will be eco-friendly.
Maruti, Honda and Tata Motors posted highest sales growth during the month
The multi-seater vehicle currently runs on BSIII engines.
High ground clearance, a wide cabin and tall stance all mean that the Carens glides over bad roads with ease and comfort and an engine performance that is adequate in terms of the power of this vehicle, says Pavan Lall.
Morgan Stanley Sales & Trading, US, believes the stock is better value for money than others and has a upside as high as 73 per cent. A slowdown in the economy has hit demand and led to a fall in overall consumption in an auto market which till recently was one of the fastest growing in the world.
Move aimed at removing confusion among private buyers
As other global car makers struggle in India to keep sales consistent, the Korean player has made a heady combination out of design, launches and localisation.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
The trend is expected to gain momentum as global vehicle makers in India, particularly from Japan, ride on hybrids to meet the more stringent fuel efficiency norms that take effect in 2022.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
New products being designed mainly for auto, oil & gas sectors; firm is raising Kalinganagar plant capacity from three mtpa to eight mtpa
Suspension that has fully acclimatised to Indian roads and handles potholes and bumps with ease, plush interiors that feel premium beyond just surface level, and aggressive and imposing design cues give this SUV a presence and profile that has little competition, says Pavan Lall.
HUL, UltraTech, Asian Paints, L&T, HDFC Bank top global valuation charts
Sanjay Kirloskar, promoter of Kirloskar Brothers, moves Supreme Court to enforce a family settlement signed in 2009.
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.
Today, apologies by CEOs of global corporations have become so common that you get case studies on the subject.
Take out Maruti Suzuki and Honda, and the auto sector's prospects suddenly don't look all that rosy.
Volkswagen did not name a successor, but said proposals on management appointments would be made to a full board meeting on Friday.
The Accord hybrid has a 2-litre petrol engine combined with two electric motors
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
Behind the scenes, sponsors who have pumped billions of dollars into the Tokyo Olympics have grown increasingly nervous about how the coronavirus outbreak will impact the tournament.
Petrol variants of the car are priced between Rs 6.38-7.09 lakh.
Maruti Suzuki is the big exception, with double-digit surge in volume
Industry players have sought government support in the form of stimulus package and reduction in excise duty to overcome the slump.
The models from Hyundai and Maruti, which might go on sale in October 2018 and February 2019, respectively, are set to revive a segment that had lost sheen to the compact SUV segment, lately
Unlike previous Paris auto shows, where new diesel models took centerstage, much of the buzz this year centred around hybrids and electric vehicles.
December is a month of high retail sales for cars, as companies and dealers push stocks to clear inventories
The list includes compact SUV, mini SUV, premium hatchback and premium MPV.
Market leaders Maruti Suzuki and Hyundai, who together control two-thirds of the domestic market, have not yet firmed up a decision on raising prices.
Tata now occupies the fourth slot with the incremental volumes from the Tiago
The impact of the ban will not be limited to sales.
From discounts to hundred per cent financing to talks of a price hike, companies are doing everything to ensure retail sales pick up this month.
Over 22 passenger and commercial vehicle makers and 18 two- and three-wheeler makers will take part amid proximate security.
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