Seven auto companies lost share in the current year because of different reasons.
Manufacturers that mainly sell diesel cars like Mahindra & Mahindra, Tata Motors, Toyota, Mercedes, BMW and Volkswagen anticipate a significant fall in sales if the government accepts the Parikh committee's recommendation of a flat tax of Rs 80,000 on diesel cars, because of a widening cost differential with petrol variants.
Car makers Volkswagen, BMW, Nissan, Ford, Fiat, Skoda, Maruti, Tata, and Toyota are all set to make 2010 a delightful year for car lovers.
Undeterred by global credit freeze, India maintains a bullish outlook on attracting foreign direct investment which may be governed by easier rules, a top government official said.
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.
The Bosch group has expressed interest to set up a plant to manufacture auto components in Bidadi over an area of 100 acres.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
The Italian car giant surprised the recession-hit global auto industry with an announcement that it is bidding to take over the GM's struggling Opel brand to consolidate its global base. Though Fiat entered India almost six decades ago, it is facing rough competition from car manufacturers from Japan and South Korea. It tied up with Tata Motors for building a manufacturing plant near Pune to increase its supply capacity in 2007.
Maruti recorded 20 per cent jump in sales during November.
Maruti Suzuki posted a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
The note mentioned "domestic problems".
Petrol variants of the car are priced between Rs 6.38-7.09 lakh.
Excise duty cut of Rs 6,000 on big cars to be passed to customers; LCDs cheaper by Rs 3,500.
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.
The recall will cover cars manufactured between 2008 to 2012 that use safety airbags made by its supplier Takata
The list includes compact SUV, mini SUV, premium hatchback and premium MPV.
Indian businessmen and executives may not yet be the most meticulous executioners of management principles in the world. But when it comes to keeping the Gods and lady luck happy, they leave no stone unturned.
Automobile makers in India are embracing taxi-hailing apps such as Uber and Ola, hoping to ride on their expansion to sell more cars, a contrarian view to companies in Western markets that fear a drop in car sales due to them
Automakers finish 2008 on a bleak note. Expect 2009 to be worse.
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.
In its flight performance, it can move up to a maximum speed of 180 km/h and minimum speed for level flight at 50 km/h.
The vehicles affected by the recall are manufactured between September 2011 and July 2014.
With fuel cost soaring to new highs, automobile firms are launching hybrid models to tackle the problem.
After successfully marketing the state to American auto giant General Motors and German automaker Volkswagen, the Maharashtra industry department now wants Japanese auto major Honda to come to the state.
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.
Indian businesses' weak ability to compete overseas says much about the infirmities imposed by the intensity of government dominance of economic policy and the nature of this dominance, observes Kanika Datta.
The industry needs stimuli to help revive consumer demand and conversions.
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
Today, GMI has a brand new car factory, an existing one that runs on three shifts to produce 65,000 cars, two new small cars, a successful utility vehicle. . . looks like GMI is getting serious about India.
As part of the new Central Motor Vehicle Rules, the government is framing a mandatory recall policy entailing penalties.
Maruti Suzuki India continued its grip in the passenger vehicles market in India with five of its models in the top ten best selling models in June.
The government has mandated that from October 2017, all new car models will have to be equipped with airbags to meet crash test norms.
Any race that has to be run in India has to be run under the banner of the recognised affiliate, says the FMCI chairman.
The Toyota Fortuner returns in a sleek, feature-packed avatar, writes Joshua David Luther
Maruti's exports in May were down 2.4% at 9,089 units
New electric and hybrid vehicles on display as manufacturers plug into environment-friendly segment.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
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