You increase the production, only then it is possible to reduce cost, Gadkari said.
Toyota is launching a compact car by the end of next year from its new production facility close to its existing plant in Bangalore.
Business is growing fast and continues to draw investment, but making big bucks in a country smitten with small cars won't be easy.
Buying a car, particularly a diesel-powered one, is set to pinch the customers' pockets even more from the next financial year, as the second phase of Bharat Stage VI (BSVI) emission norms kicks in. The rules require cars to be compliant with real driving emission (RDE) norms, which measure pollutants emitted by cars while they are being driven on the road, unlike in a laboratory test. The norms may increase the cost of producing diesel vehicles by nearly Rs 75,000 to Rs 80,000, and petrol-powered ones by Rs 25,000 to Rs 30,000, analysts said.
The X4 offers an imposing presence that you cannot miss even in a crowd of other cars, says Pavan Lall.
Asked if it is looking at the Maruti 800 and the Chevrolet Spark segment, Nigel E Wark, executive director, marketing, sales and service, Ford India, said: "Yes, we will be launching the small car in this segment broadly, but there are sub-segments and this is where we will differentiate ourselves. We will be competing in the largest volume segment. India and China are the two markets where small cars are in huge demand and we will be focusing on these countries."
This festive season, manufacturers went all out to launch new cars and upgrade existing models to retain customer loyalty. The most exciting launches were in small car space. Find out if the upgraded cars do give buyers more bang for bucks.
American tech billionaire Elon Musk on Saturday said his proposed visit to India has been postponed due to "very heavy Tesla obligations". The electric carmaker Tesla CEO -- who was expected to be in India on April 21 and 22 and scheduled to meet Prime Minister Narendra Modi -- wrote on X that he is looking forward to coming to India later this year.
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.
Let's take a sneak peak into these cars.
Chiranjeevi has a special guest... Tabu turns into a bride... Amy holidays in Budapest...
The entire census and NPR exercise is likely to cost the government over Rs 12,000 crore, the officials said.
At least 16 people were killed, and 75 injured after the billboard collapsed in an unexpected dust storm in Mumbai on Monday.
An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.
Volkswagen Passenger Cars is targeting a volume sales growth of about 15 per cent in the country in 2024, even as it expects the Indian passenger vehicle (PV) industry to grow by 5-7 per cent in the current year, its India brand director, Ashish Gupta, said on Thursday. This means the company is expecting to grow 2-3 times faster than the Indian PV industry in 2024. But globally, the German automaker is expecting just 3 per cent rise in sales this year, down from 12 per cent last year.
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.
It will be the first company to come out with factory-fitted CNG cars.
The sports car 'SL 350' is powered by a 3.5 litre V6 engine while sports utility vehicle 'GL 500' will run on a 5.4 litre V6 engine.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
Tata Motors will launch a diesel-powered version of its ultra-cheap Nano by the end of March 2014, its managing director said, hoping to kick-start demand for the model after years of disappointing sales.
Mitsubishi Motors, Japan's fourth largest carmaker, is looking to grab a slice of the 1.2 million per year Indian small car market and is mulling the launch of a compact family hatchback over the next three to four years.
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.
JCL International on Tuesday announced the launch of multi-level car parking facilities in technical collaboration with Germany's Otto Wohr GmbH in a bid to provide hassle-free parking solutions to vehicle owners in the country.
The MG Motor India management is focused on scaling up and launching smaller cars to play the long game in the country, says Pavan Lall.
Chevrolet started the year with Sail UVA hatchback and Enjoy MPV, and is the only automaker to have refreshed all its models within a span of one year.
The challenge for BMW is to overtake Mercedes-Benz, which bounced back three years ago to become king of the hill.
India's financial sector is dominated by large government-owned and private-sector banks.
As auto enthusiasts in India wait eagerly for the launches slated for 2013, we take a brief look at some of the most popular upcoming diesel cars of the New Year.
Because of its 'low' price tag, many customers opting to buy a used car may plump for a new Nano, though it comes comparatively with lesser cubic capacity, R Srivatsan president of MyTVS, part of the TVS Group engaged in selling used cars told PTI.
In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.
Blablacars enables private cars to seek fellow passengers for inter-city commute.
Audi launches Avant RS6 in India.
From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.
Rahil Ansari, 38, recently took charge as head of Audi India, one of the youngest brand directors in the German luxury car maker.
Car companies are hoping to buck the slowdown by launching new models to push sales from January. Industry majors like Maruti Suzuki, Mahindra & Mahindra, Hyundai India have all lined up launches in the next few weeks and months hoping to generate reasonable volumes.
The Delhi police have launched a massive hunt for the biker who was following the car which was carrying the Israeli diplomat who was injured in a bomb attack on Monday at New Delhi.
Maruti Suzuki India on Tuesday said it has increased prices of its entire model range with immediate effect. An estimated weighted average of increase across models is 0.45 per cent, the auto major said in a regulatory filing.
He was reviled by critics in his party as a neo-liberal in disguise but till the end, he retained his belief in secularism and the humanity of Communism.
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