Shares of auto component major, Samvardhana Motherson International, has gained 11.5 per cent on the bourses after the company approved the qualified institutions placement (QIP) issue and announced the calculation methodology for its compulsorily convertible debentures, or CCDs, into equity shares. Analysts cite strong investor response to the issue that has kept the sentiment positive for the stock. Brokerages, however, have a mixed view on the outlook for the auto parts supplier.
Government policies and other uncertainties are holding it back from setting up a new diesel engine plant and launching more hybrids.
Mercedes-Benz, Ferrari, Porsche and Lamborghini are some marquee badges that have introduced track cars to excite hard-core customers who want to push their cars to the limit, says Pavan Lall.
Two of these launches are from the country's largest passenger carmaker, Maruti
Ola Electric on Thursday teased five new electric motorcycles that the SoftBank-backed company is working on, announcing the range after selling electric scooters. The products are labelled cafe racer, an adventure tourer, a scrambler and a naked motorcycle. The motorcycles are expected to be launched next year and would include premium and mass-market versions, said sources.
Needless to add, each and every car in the 'sizzling-six' of Hyundai has got enough temptation and oomph aspect.
'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'
The 20-year-old arrested accused, Muhammad Shahzeb Khan, allegedly planned a terrorist attack in New York City around October 7 "with the intent of slaughtering in the name of ISIS, as many Jewish people as possible," attorney general Merrick B Garland said, as per the statement.
India's tennis sensation and Hyundai Getz brand ambassador Sania Mirza poses for a picture at the launch of the new car Hyundai Getz Prime in New Delhi on Monday.
To fight the decline in sales, auto firms launched cars that set their sales chart on fire. Here they are.
Mumbai's Ghatkopar hoarding collapse has claimed the lives of Kartik Aaryan's mama and mami, his maternal uncle and aunt, who lived in Jabalpur and were visiting Mumbai.
The first all electric Mercedes AMG launched in India
'Wherever the government has provided incentives for the purchase of two-wheelers, three-wheelers, cars, buses, and trucks, it gets a push for most of these alternate fuels. '
Tesla's plan to manufacture its affordable electric car priced at $25,000 in India and Mexico could materialise sometime in 2025 or thereafter, with Elon Musk declaring that these models would be produced at its existing factories to utilise their full capacity before investing in new manufacturing lines. The company operates factories in Texas and Fremont in the US, Berlin in Germany, and Shanghai in China. By the end of the calendar year 2023, Tesla was manufacturing 1.8 million vehicles annually.
More than a year after Mahindra & Mahindra bought stake in Reva Electric Car Company, the SUV-maker is gearing up to launch its first compact car -- it promises nine times the mileage generated by the country's most fuel-efficient petrol-powered car.
The country's largest carmaker, Maruti Suzuki, on Monday said it has stopped working on LPG models as it will roll out CNG variants of the entire range of its cars from early 2010, the first of which could be its highest selling model Alto.
As Modi's government embarks on its third term, apart from ensuring these schemes boost India's green mobility, addressing bottlenecks like battery swapping and meeting PLI deadlines are likely to be the government's major tasks.
The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.
Bangalore-based Reva Electric Car Company plans to launch its car in Japan and the US later this year. The company is test-marketing the car in these two countries.
Going one step ahead, a number of car makers are planning to launch their new car models in the first week of the January 2012.
The list comprises three completely new car models and two upgraded versions of its existing cars.
Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 350,257 lakh units last month as compared to 335,436 in the same month a year ago, registering a growth of 4 per cent.
Previous hybrid-only strategy changed ahead of 2017 launch.
Tata Motors is likely to launch the world's cheapest car as early as January 2008, turning a whole new chapter in the retailing of low cost vehicles.
History has not seen a cricketing rivalry as fierce as this this century, every ball bowled every run taken, coming with no quarter given. Ahead of India's five Test tour of Australia, Norma Astrid Godinho/Rediff.com takes a walk down memory lane, recounting India's sojourns Down Under from 1947 to 2021, in a 4-part series.
Hindustan Motors Limited, a C K Birla group company, on Sunday launched the LPG version of its Ambassador for the taxi and private car segments in the country.
Rajesh Karkera/Rediff.com takes the latest offering from the Mahindra stable for a spin.
A selection of Formula One cars and memorabilia will be auctioned off at the airport over a six-week period from February 19.
An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.
Demand rising for Maruti Celerio, Honda City, Hyundai Xcent, Nissan Terrano and Datsun Go, most of which were launched in 2014.
Force India has launched its 2011 car, the VJM-04, which will carry the hopes of Adrian Sutil, British rookie Paul di Resta and test driver Nico Hulkenberg in the coming Formula One season. The team finished seventh in the constructors standings in 2010 -- its best-ever finish -- and chairman and team principal Vijay Mallya is expecting even better results in 2011.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
After witnessing a plethora of car launches in 2011, the Indian automobile industry is set to welcome some new models, reworked versions and new variants in the New Year.
Carmaker Ford India on Wednesday said it will launch its small car in the country during 2010. "We are working on the small car programme and will be launching it in 2010," Ford India vice-president (Marketing Sales and Service) Scott McCormack said.
The entire census and NPR exercise is likely to cost the government over Rs 12,000 crore, the officials said.
Brio, cheaper City and Jazz and diesels could pave the way for growth in India.
With an existing consumer base of 400 million across airports, electricity and gas distribution businesses, the Adani group is revving up its retail play. It is planning to use the 2.4 billion consumer interactions a year with group companies to push various products and services. The group has already launched the 'Adani One' super app that will eventually sell products across the spectrum, top executives said.
General Motors said on Thursday it will launch a mini car in India in the first half of next year.
Chiranjeevi has a special guest... Tabu turns into a bride... Amy holidays in Budapest...
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