The strike, however, had no impact on production of auto majors Maruti Suzuki India, Hero MotoCorp, Honda Cars India, Mahindra & Mahindra, Tata Motors and Hyundai Motors India as their plants in various parts of the country functioned normally.
The all-new Scorpio N will not have any component from the current Scorpio, which will now be sold as the Scorpio Classic, reports Rajesh Karkera.
Bajaj blamed a 'few rotten eggs' for the strike.
Automaker to shift 200-300 workers from its Pantnagar facility to handle increased manufacturing.
After months of negotiations and intermittent unrest impacting production, Pune-based Bajaj Auto and its Chakan plant unions have finally reached a wage agreement.
American electric car maker Tesla has registered its Indian arm amid indications that the company is set to enter the country's automobile market. According to a regulatory filing, the firm has registered Tesla India Motors and Energy Pvt Ltd with RoC Bangalore. The company has been registered as an unlisted private entity with a paid up capital of Rs 1 lakh.
Maharashtra is looking for potential investment from the US electric car major Tesla in the state and has held discussions with the company, weeks after Tesla revealed its plans to enter the Indian market.
Indian troops also fired in retaliation and the firing stopped from both sides around 1 pm
India and Pakistan on Monday agreed to exercise restraint and take steps to defuse tension on the Line of Control.
The Bajaj Auto management and its union on Friday came to the negotiating table in a bid to end the four-day-old strike by over 1,500 workers at the Chakan plant demanding wage revision and better working conditions apart from a hefty paring of the companies shares with employees.
Confirming that the company could shift its production to other facilities, Bajaj Auto Managing Director Rajiv Bajaj told Business Standard: "If we take a view that this (labour issue) is going to extend over the next two months, we certainly can do that, and will do that."
The company has already shifted production to Aurangabad.
Union Minister Nitin Gadkari on Monday said American electric car major Tesla is set to start its operations in India next year and would also look at setting up of a manufacturing unit based on demand. The Road, Transport and Highways minister has been pushing for green fuel and electric vehicles for cutting India's huge Rs 8 lakh crore crude imports. Tesla Inc. co-founder and chief executive Elon Musk had in October said the company will enter the Indian market in 2021.
The no-equity partnership will develop a range of mid-capacity 250-750cc motorcycles.
Pakistani troops violated the ceasefire yet again in the Chakan-de-Bagh sector of the Line of Control in Poonch district Monday.
German luxury carmaker Mercedes-Benz India on Thursday launched the imported version of its new generation flagship sedan S-Class with a price starting at Rs 2.17 crore while it prepares to introduce a locally-produced variety of the model in the fourth quarter this year. The new 7th generation S-Class comes in two variants -- diesel S 400d 4MATIC priced at Rs 2.17 crore and petrol S 450 4MATIC tagged at Rs 2.19 crore.
The man, identified as Pramod Jaising Hore, had posted a message on his Facebook page and shared a message on WhatsApp on Sunday, saying he would be ending his life in support of the reservation demand, said Mukundwadi police station's Senior Inspector Natha Jadhav.
Soon after the gates of Chakan-Da-Bagh crossing point opened around 1100 hours, Indian troops led by Colonel V P Kristopal, handed over boxes of sweets and dry fruits to their Pakistani counterparts as a goodwill gesture on Diwali, officials said in Jammu.
Mercedes-Benz on Thursday launched CLA Class sedan, priced in the range of Rs 31.5-35.9 lakh (ex-showroom Delhi)
The new facility was completed within 13 months and is among the fastest green-field projects to be created. Spread across an area of 100 acres of land and with independent assembly facilities for passenger cars and commercial vehicles, the infrastructure can address future expansion, underscoring the long-term growth plans of the company in India.
German luxury car maker Mercedes-Benz on Tuesday said it has commenced the local production of its AMG portfolio in India, and rolled out its first-ever locally made GLC 43 4MATIC Coupe. The company rolled out AMG GLC 43 4MATIC Coupe, tagged at Rs 76.7 lakh (ex-showroom), from its Pune facility on Tuesday.
All the essential services, schools and colleges have been excluded from the bandh.
Decision comes weeks after the company pulls out of a joint venture with Renault and Nissan for a facility there. Commercial production at Chakan is expected to start in two years, about the same time Renault and Nissan will launch production at the Chennai unit. Pawan Goenka, president (automotive sector), M&M, told Business Standard that the company is committed to invest in the south, where a new plant will be set up near Chennai.
The diesel variants of the C-Class will be available as completely built units.
Skoda Auto is considering shifting the production of the Fabia, its compact hatchback, to parent company Volkswagen's Chakan plant in Pune. At present, Skoda is manufacturing cars at its Aurangabad plant. The surge in demand has pushed the waiting period for the car to more than 2 months.
Readers share their foodgasm moments.
It's the first time in its 178-year-old history that the iconic British motorcycle firm owned by the Bloor family has got into an alliance. Three years after announcement, the two companies formally signed on the dotted lines on Friday for a long-term partnership, which aims to achieve global scale in a segment in which Royal Enfield has head-start.
Bajaj Auto workers at the Chakan plant called off their strike on Tuesday after 50 days of agitation.
The first launch from its Korean arm is produced at the Chakan plant with some localisation, the company said.
Senior army officers of India and Pakistan will meet in the Poonch sector of the Line of Control in the Jammu region on Friday.
To regain its number 3 position from TVS Motor, the Chakan-based two-wheeler manufacturer will soon be launching Discover 150 S and 150 F priced at Rs 64,000 and Rs 68,000 respectively.
Exports in October and November fell 28 per cent and 17 per cent, respectively.
With India's manufacturing sector slamming the brakes on production, the fallout is being felt by contractual labourers.
Officials from the City and Industrial Development Corporation (Cidco) on Thursday expressed fears that the proposed international airport at Navi Mumbai could become unviable due to cost escalation, following prolonged delays.
India Inc's cash pile was up 13.8 per cent last fiscal year, thanks to a combination of higher profits in sectors such as IT and fund raising by top companies such a Reliance Industries, Bharti Airtel and Tata Motors, among others.
German luxury car maker Mercedes-Benz today launched new C-class Grand Edition, both in petrol and diesel variants, priced at Rs 36.81 lakh and Rs 39.16 lakh respectively in the domestic market.
KTM takes GP fascination to streets via new RC series sports bikes made in India. RC 125, RC 200 and RC 390 manufactured at Bajaj's Chakan plant in Pune, will soon be launched in India minus RC 125, which is planned only for export to Europe.
Cross-border trade and bus service between India and Pakistan will resume at Jammu and Kashmir's Poonch sector on Monday, after more than a fortnight-long suspension, following escalation in tension at the Line of Control over the brutal killing of two Indian soldiers by Pakistani troops.
KTM and Bajaj alliance has done well for both the companies and led them from a mediocre position to rule the European road.