Guenter Butschek will start his new job by Feb. 15
'The babus in Delhi are not able to understand the pain industry is facing.'
M&M also showcased its new format next generation 'dealership of future' designed by Pininfarina.
Ironically, the loss of the number one position happened at a time when Benz has grown at a record 80 per cent clip last year.
A series of flip-flop on policies and a non-existent charging infrastructure are the biggest challenge in achieving the target of selling 6-7 million hybrid and electric vehicles by 2020.
Tata Motors on Thursday launched its new multi-purpose diesel vehicle 'Venture' in Rajathan.
The Central government will borrow up to Rs 1.1 lakh crore on behalf of the states to bridge the shortfall in GST collections, the finance ministry said on Thursday. A slowdown in the economy since last fiscal has resulted in a drop in the Goods and Services Tax (GST) collections, upsetting the budgets of states which had given up their right to levy local taxes such as sales tax or VAT when GST was introduced in July 2017. To make up for the shortfall, borrowing from the market was proposed.
German luxury carmaker BMW on Thursday launched the updated version of its sports utility vehicle X3 priced up to Rs 49.9 lakh (ex-showroom Delhi).
German luxury carmaker BMW on Thursday launched the updated version of its sports utility vehicle X3 priced up to Rs 49.9 lakh (ex-showroom Delhi).
The youngest in the new lot is Rahil Ansari, 38, who is heading Audi in India since February
Like last year, this year too smartphones dominated the most successful launches taking the top three slots, with two auto brands completing the top 5 line-up.
The limited edition of the Gran Turismo comes with a 3.01 litres diesel engine and only 100 units of the car will be available.
The measures government takes next to push economic growth will be the key for automotive sector
Despite a general slowdown, Audi India has posted a dizzying growth figure of 123 per cent, selling 321 units in January-April 2008. All set to launch the new A4 sedan in July, Benoit Tiers, managing director, Audi India, tells Business Standard about the company's objectives.
Experts tracking the sector say the scheme is aimed at clearing inventory and boosting sales
The company has appointed two dealerships each in Delhi and Mumbai.
Indian conglomerate Tata and US car maker Ford are expected to complete the deal of the latter's luxury brands Jaguar and Land Rover within a few days, a media report said on Monday. According to The Guardian newspaper, Ford is expected to complete the sale of Jaguar and Land Rover to Tata "within a few days." However, neither side has put a price on the marques. The price tag is likely to get closer to $ 2 billion. The deal was prolonged due to complexities in the agreement.
Toyota Kirloskar Motors, makers of Innova, has targeted to sell 4000 units per month in 2007, a senior company official said on Monday.
The company has also been exploring the possibility of opening a factory in Mexico.
"We see high market potential with growing population of Indian middle class families aspiring for more advanced features like safety, space, luxury and comfort," Toyota Kirloskar Motor's MD Akito Tachibana told reports at the Auto Expo in Greater Noida last week.
Large manufacturers are investing in small companies to get a peek into their R&D. Alnoor Peermohamed and Anita Babu report.
New Creta, petrol Vitarra Brezza.. A quick look at what went down at Auto Expo Day 2.
'We are in the reverse gear and we are not there anywhere compared to the rest of the world'
The athletic silhouette with the dynamic flat rear window signalise urban sportiness.
Markets under pressure; IT financials grab spotlight.
Ghosn's partnership with motorcycle and auto-rickshaw maker Bajaj Auto got most publicity.
Durable, automobile and real estate players have been lobbying hard for a tax cut, saying it will boost demand.
To meet the rising demand for its iconic brand Mini, German luxury carmaker BMW Group on Wednesday launched its British premium luxury small car in the 3-door and 5-door variants with petrol and diesel options.
Chinese blast has Tata Motors reporting Rs 430 cr net loss.
The luxury SUVs will compete against models of Mercedes-Benz, BMW, Audi, Volvo, Porsche and Land Rover
The S&P BSE Sensex surged 160 points to close at 25,262.
'Just like humans binge on food when they are depressed, they also tend to shop for instant gratification. which is just temporary. Please do not fall into this trap,' cautions Sheetal Jhaveri.
Volkswagen group company Skoda Auto India on Thursday launched luxury sedan Superb and said it aimed to break even in 2005 by selling 10,000 cars and launch new models on four product lines till 2008.
Luxury carmaker DaimlerChrysler India on Tuesday launched a variant of 'E Class' and said it plans to wipe out its accumulated Rs 280 crore loss in the next 3-5 years.
No mention of cab aggregators in GST bills
Today, automatic cars are reliable, fuel-efficient and easy to maintain
Private investment will respond only to sustainable reform.
The car maker is betting big on the Honda City rival.
The third Cross Country model for India, the V90 Cross Country is based on the S90 sedan and promises to offer the best of two different worlds - sedan (S90) and SUV (XC90).
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