An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
Robert Bosch India Limited is scouting for a second location outside Kar
Seed and early-stage start-ups are high-risk businesses, rarely have collateral and only 1 in 10 of them makes it to becoming a viable company.
The race is on to build a car that gets 100 mpg. The purse? A $25 million prize -- and a piece of history.
The exhaust note of the Kawasaki Ninja ZX-14R 2016 is quite muffled and it can pass by without being noticed by the way it sounds. This is the reason why I call it a Silent Killer. It can crush egos of anybody on the road, in a quiet and refined fashion. This is a bike for the matured, experienced and serious rider
The government on Wednesday assured domestic and global auto companies all help such as granting SEZ status and a re-look at tax structure for setting up testing centres and manufacturing plants in a bid to make India the automotive hub of the world.
India on Thursday secured Mexico's backing in its bid to become member of the Nuclear Suppliers Group as it aggressively scouted for support ahead of a crucial meeting of the 48-nation nuclear trading bloc in Vienna.
This would impact Vento, Jetta and Passat sedan cars, Polo hatchback and Polo Cross crossover in India.
M&M also saw its domestic passenger vehicle sales grow by 1 per cent, while Toyota Kirloskar Motor witnessed a decline in its PV sales.
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
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
The auto industry has had a mixed month. The build up to Dhanteras and Diwali was good but the demand tapered off subsequently.
Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.
In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making components for large equipment manufacturers.
Renault will recall 646 units of hatchback Pulse and mid-sized sedan Scala in India, manufactured between September 2011-July 2012, to fix faulty driver side air bags.
Dealers have stocked up vehicles in the run-up to a price hike, which is expected to be announced by leading players some time this month.
Sanand has catapulted into the big league of automobile industry hubs.
Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar online transaction platforms. Dhruv Munjal traces the birth of this used-cars platform.
Auto Expo's Twitter handle (@AEMotorShow), with a follower base of 16,000, is abuzz with activity. The Facebook page of Auto Expo has about 158,000 followers.
'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.'
With little clarity on the demand outlook, investors should wait out the next couple of quarters rather than rush in to catch a falling knife, says Ram Prasad Sahu.
Indian two-wheeler majors Hero MotoCorp and Bajaj Auto are the biggest beneficiaries of this surge and, between the two, they are estimated to control about half of the local market there
Close on the heels of acquiring Jenson & Nicolson (Nepal) and auto and industrial coating business from ICI Paints, Berger Paints on Wednesday said it might pick up stake in its technical collaborator Nippon Paints of Japan.
Be it the name, the design and communication campaign and the engagement processes being imagined between the brand and its buyers, the company is casting its cars in a new mould, reports T E Narasimhan.
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.
To prevent rise in air pollution levels, oil marketing companies and thermal power units were planning to procure stubble from farmers to make bioethanol and promote the central government's 'Agricultural Mechanization' for crop residue management. But both have seen minimal success.
If you are a stylish commuter and don't mind paying a higher initial price, then the Livo might just be the bike for you, says Tanmay Pangam.
German automotive firm Robert Bosch on Monday announced an investment of Rs 1,000 crore (Rs 10 billion) in the next four years in India and said it would develop common rail direct injection (CRDi) system in the country by 2006.
Maruti Suzuki, Hyundai, Honda Cars and Tata Motors posted single digit growth during the period under review while M&M reported decline in sales.
Maruti is now at a market share of 50.4%, up from 47.3% last year. In China, the world's biggest market, Volkswagen is the largest, with a share of 17%. In America, the second biggest, GM is leader with 18%. One exception is South Korea, where Hyundai has a market share in excess of 60%.
Aided by the new initiatives of the government, there has been a huge drop in imports
Volkswagen sold about 45,000 cars in India in the year to end-March, of which about two-thirds were Polo hatchbacks
Exide Industries, a Rs 1,000 crore (Rs 10 billion) company and the largest automotive battery manufacturer, said on Wednesday that it was in the process of designing batteries suitable for the American automobile market.
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