Car makers are trying hard to boost sales in India.
The Indian automotive industry has the potential to reach a size of $33 to 40 billion by 2015 from the current $6.7 billion, chairman of 'CII Auto SCM India 2004,' M Lakshminarayanan, said in Chennai on Friday.
Cyrus Mistry said more focus was needed for improvement in key areas such as vehicle technology.
The demand for diesel cars, which account for 58 per cent of passenger vehicle sales in India every month, has seen a steep rise, as manufacturers continue to introduce variants that have diesel engines.
While the world hasn't yet embraced electric cars, that might change soon when Tesla introduces two other potentially game-changer models.
The German luxury automaker has already seen its online traffic increase 10-fold this year. Though that has not always translated into sales, Mercedes-Benz says it is continuing to build on what it calls its "touch-free" experience to stay plugged into its consumer base. Under the used car business, more than 150 cars were sold online in January and February.
M&M is keen to increase the number of factories in the Africa region and plans are afoot to have one each in Sudan and Kenya.
The money will be used to develop products jointly.
The vehicle will be produced at Mahindra Reva's recently inaugurated plant in Bengaluru, the company said.
Last 20 yrs have seen 4 JVs ending prematurely. What does this mean?
The market shares has already tumbled to 48 per cent from the earlier 56 per cent.
In the last couple of years, the luxury car segment has evolved significantly and demand for premium and luxury sedans and SUVs has increased rapidly.
Recent moves by Japan's two largest automakers suggest that the electric cars still are not ready for prime time - and may never be.
A bleak demand outlook for steel in the domestic as well as global market is also another reason Tata Steel may be looking to have additional liquidity as margins are expected to take a hit in the coming quarters.
The Mercedes-Benz Museum at Stuttgart, Germany traces the remarkable history of the 125-year old Mercedes-Benz brand.
Some cars that are emblematic of India's automobile industry will no longer come off the assembly lines after this year.
Sixty-six auto journalists from 22 countries rate the best cars in the world. Here are the winners of World Car Awards for 2013.
Mahindra to replace ageing models with new ones, especially the popular XUV500.
Information technology solutions and services major Tata Consultancy Services is to open an 'automotive centre of excellence' in Detroit, North America, which is expected to be "fully functional", within the next two months.
The recently launched multi utility vehicle Nissan Evalia will not be affected, the company said in a statement without disclosing the quantum of hike.
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
For five decades, the 911 has been the heart of the Porsche brand. This year, it celebrates golden jubilee. The 911 is also the central point of reference for all other Porsche series.
Even as some automakers limp, others charge ahead.
The government on Friday announced several relief measures including deferring one-time registration fee, lifting the ban on purchase of petrol/diesel vehicles by its departments and allowing higher depreciation, but it remained non-committal on the demand for a reduction in GST rates.
It plans to lower employment costs with the estimated reduction in employee numbers, about two-thirds of which are expected to be office-based white-collar roles - a majority expected at its Netherlands unit.
TN may be losing its grip on the overall Rs 4,000-cr investment plan due to this delay.
The auto major is eyeing 20 per cent of the compact SUV market with the petrol and diesel variants of the XUV300, reports Shally Seth Mohile.
While the share of diesel vehicles sales in the overall passenger car industry has already fallen sharply, sales of CNG vehicles have shown a compound annual growth rate of 15.5 per cent over the past five years.
Amid rising petrol prices, two-wheeler makers such as Mahindra & Mahindra, TVS Motors, Hero MotoCorp and Bajaj Auto are stepping up research to develop engines run on diesel or other fuels.
The Budget 2013 will be placed in the Parliament on February 28. Though the Budget this year is expected to be exceptionally austere, the corporate honchos have dished out their wishlists.
India's planned transition to electric vehicles will drastically affect the commodities market, says Aditya Gandhi
Maruti Udyog Limited continued to lead the Indian automotive market in customer satisfaction and dealer service bagging the J D Power Asia Pacific 2002 award for the category for the third consecutive year, while two Hyundai models bagged the awards.
These are the rides that are blessed with a personality that can outshine all others.
Exports help sector muddle through economic slump.
Auto major Mahindra & Mahindra on Wednesday said it will hike prices of some of its models by 1-2 per cent soon to offset increasing input costs and inflation.
The alliance will extend an existing partnership between the two.
The Gurgaon-based Amtek Auto Ltd is planning to acquire the Rs 900 crore ((Rs 9 billion) GWK group , a United Kingdom-based automotive component firm.
The all-cash deal is expected to close in the March 2016 quarter.
Here are the four most eye-catching offers from some of the most prominent brands.
