Rahul Bajaj has reached an 'in-principle' agreement with his brother Shishir Bajaj on the division of the Bajaj empire, but the mercurial chairman of the two-wheeler major said the settlement had been delayed due to tax implications.
Maruti's 7 models in India's top ten selling passenger vehicles in 2016-17
The company said it will inspect and if necessary, replace the clutch pedal lever.
The government is working on a recall policy.
Two-wheeler prices are likely to rise by 10-25 per cent on account of higher premiums on insurance and commodity prices, mandatory safety regulations and BS-VI emissions that kick in from April 1, 2020.
Analysts say Bajaj's move to correct prices can potentially disrupt the market.
Car sales zoomed nearly 38 per cent to 59,800 units in July when compared with 43,434 units sold in July 2002, according to data released by the Society of Indian Automobile Manufacturers on Thursday.\n\n
Maruti says, WagonR is one of the top 5 brands in India.
Renault will start with a slew of new products that will be launched over the second half of this year and next year, apart from giving facelifts to the Kwid and Duster.
Domestic passenger car sales jumped 28 per cent in April to 42,506 units from 33,195 units in the same month last year, the Society of Indian Automobile Manufacturers said on Wednesday.\n\n\n\n
Though Hero still leads by a wide margin in annual and monthly sales, for the first time, Honda has considerably bridged the sales gap with the Pawan Munjal-led firm in April lagging only by 12,134 units
The recall will cover cars manufactured between 2008 to 2012 that use safety airbags made by its supplier Takata
Indian passenger car sales fell by 22.7 per cent in February to 37,446 units, down from 48,444 units in the same month last year, the Society of Indian Automobile Manufacturers said on Wednesday.\n\n\n\n
Sanand produced only 515 Nanos in January, and sold even less, just around 391 units.
Exactly a year after the very severe cyclonic storm Phailin struck the state, another storm is heading towards the Odisha coast.
Toyota had announced a global recall of 65 lakh vehicles to rectify a power window glitch, which could lead to fire risk.
Weak monsoon rains could have a negative impact on India's automobile sector which is seeing early signs of improvement with the sale of passenger cars and utility vehicles rising in May.
Irrespective of the recent performance of Datsun, Nissan is ready to put more resources behind it.
For players like Toyota Kirloskar and Ford, the contribution of UVs to overall sales is now well over 60%.
Facing capacity constraint, firm is yet to take a call on setting up a new manufacturing unit in India.
In April, MSI had recalled 1,03,311 units of its popular models -- Ertiga, Swift and DZire -- manufactured between November 12, 2013 and February 4, 2014 to replace faulty fuel filler neck.
The company will upgrade software in airbag control unit.
Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
Tata Motors' passenger vehicle sales stood at 229,325 units in the last financial year, registering a market share of just 8.9 per cent.
Maruti Suzuki's inventory across its dealerships is a 100,000 vehicles at the end of any month. However, it was only 34,000 vehicles at the end of December 2016.
The company will showcase the Ioniq electric vehicle at the Auto Expo that begins next week.
The company also did not share the amount of booking backlog.
The RBI on Thursday lowered the benchmark repurchase rate to 7.75 per cent from 8 per cent, the first reduction since May 2013.
Various manufacturers, including Nissan and Honda have also been impacted due to faulty airbags supplied by Takata.
Big brands like Hyundai, Mahindra and Mahindra (M&M), Toyota and Renault have lost share.
The vehicles affected by the recall are manufactured between September 2011 and July 2014.
What's driving consumers to petrol cars? Ajay Modi finds out.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
A brace by Australian striker Sean Rooney steered Bengaluru FC to a 3-1 victory over former champions Dempo SC in the Airtel I-League match at the Bangalore Football Stadium on Wednesday.
Hero MotoCorp sold 254,813 Splendors, about 4,000 more than the 250,681 Activas sold by its rival Honda Motorcycles and Scooters India.
The total number of passenger vehicles (cars and utility vehicles) sold annually in the 1970s was 32,000 units - less than even one week's sales today.
The recall will affect 2,910 units of the sedan version of Sail and 1,090 units of compact car variant of the model.
The government has constituted a committee headed by NTPC Chairman Arup Roy Choudhury to study the proposal and submit a report in two months time.
Automobile manufacturers said Euro-VI grade vehicles will not hit the roads before 2020 but the advancement gives them confidence to make investments in manufacturing such vehicles.
One litre of petrol now costs Rs 64.76 while the diesel price is Rs 54.70 a litre in Delhi
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