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Posted: February 17th, 2012, 5:47pm EST
Nissan Motor India will use the capacity of new production line of two lakh vehicles per annum from March for exports.
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Posted: February 16th, 2012, 5:27am EST
Seeking to spread its presence, US car maker Ford today launched 45 dealer outlets of its Indian subsidiary across 35 cities in the country.
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Posted: February 16th, 2012, 12:40am EST
With added silence and efficiency, the new variants of the Volvo S60, S80 and XC60 models with an all new 5-cylinder turbo D3 diesel engine will be priced at Rs 23.99 lakh, Rs 31.99 lakh and Rs 33.99 lakh (ex-showroom Delhi) respectively.
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Posted: February 15th, 2012, 7:04pm EST
Volvo has relaunched its top three models in India with smaller engines and lower price tags to compete better with rival German luxury carmakers BMW and Mercedes-Benz.
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Posted: February 15th, 2012, 4:09am EST
Tata Motors Ltd's global vehicle wholesales rose 21 percent in January from a year earlier, the Indian company said on Wednesday.
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Posted: February 15th, 2012, 4:08am EST
Volvo today slashed prices of its three luxury models in India by introducing new variants of the sedan S60, S80 and sports utility vehicle XC60.
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Posted: February 14th, 2012, 10:46am EST
HMSI said it has increased its production capacity to 2.8 million units annually with the start of the IInd phase of operations at Tapukara facility in Rajasthan.
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Posted: February 14th, 2012, 9:05am EST
Volvo is looking at capturing 15 per cent share of India's luxury segment by 2020, selling over 20,000 units a year by then, a top official of the company said.
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Posted: February 13th, 2012, 12:49pm EST
It also proposed a system for online tax collection and suggested waiving permit fee for tourist vehicles saying that the total collection is only Rs 40 crore.
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Posted: February 13th, 2012, 10:43am EST
It also proposed a system for online tax collection and suggested waiving permit fee for tourist vehicles saying that the total collection is only Rs 40 crore.
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Posted: February 12th, 2012, 11:51pm EST
In the race for sales, Indian carmakers may need to ease off the accelerator as they speed towards a head-on collision with a capacity glut.
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Posted: February 12th, 2012, 4:58pm EST
The entry-level segment of the Indian passenger car market shrunk in 2011, perhaps for the first time in many years, and saw its market share dip below 50%.
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Posted: February 12th, 2012, 3:13pm EST
Maruti has been under pressure to revise commission as it is the only carmaker that does not allow its franchisees to trade in other brands.
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Posted: February 12th, 2012, 4:45am EST
Low floor buses invariably meant integral construction and a rear engine not to mention a big cost outlay. Not any longer if one has to go by Ashok Leyland's novel approach with its Jan bus...
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Posted: February 10th, 2012, 7:20pm EST
Tata Motors today said it has increased prices of its passenger vehicles, except small car Nano and premium crossover Aria, by up to Rs 12,000 to mitigate the impact of high input costs.
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Posted: February 10th, 2012, 6:29am EST
Gurgaon plant workers' union has demanded a double digit pay hike. The co last hiked wages employees in 2009 in the range of 5-6%.
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Posted: February 9th, 2012, 6:33am EST
Mahindra and Mahindra proposes to ramp up production of its latest Sports Utility Vehicle XUV-500 by next month, a senior official said today.
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Posted: February 9th, 2012, 6:22am EST
TVS and Sons, distributors of heavy vehicle manufacturer Ashok Leyland today said it would focus more on opening new dealerships in Tier II and III cities.
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Posted: February 9th, 2012, 6:22am EST
TVS and Sons, distributors of heavy vehicle manufacturer Ashok Leyland today said it would focus more on opening new dealerships in Tier II and III cities.
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Posted: February 9th, 2012, 4:40am EST
Terming the calls for imposing additional tax on diesel vehicles as "retrograde", M & M said such a move will only further impede growth of the industry.
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Posted: February 9th, 2012, 3:47am EST
"The 10 millionth vehicle, a Red Swift Vxi, was dispatched to Coimbatore today morning from the company's Manesar plant," the company said.
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Posted: February 9th, 2012, 12:36am EST
Surging sales of Jaguar cars in China are sending profit forecasts for Tata Motors to a record and reducing the cost of protecting the company's debt to a six-month low.
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Posted: February 8th, 2012, 6:46pm EST
Passenger car sales in the country may fall for the first time in nine years this fiscal despite reporting record monthly sales in January.
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Posted: February 8th, 2012, 9:57am EST
The company has been reported to start the trial production of compact Xylo, which is estimated to carry a starting price tag of around Rs 5 lakh.
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Posted: February 8th, 2012, 5:02am EST
Going by some spy photos floating around the web, the new Xylo does look a lot more mature and pleasing to the eye than the outgoing model.
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Posted: February 8th, 2012, 2:07am EST
India's auto industry may miss a car sales growth expectation of 0-2 per cent in the fiscal year that ends in March if sales continue at their current pace.
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Posted: February 8th, 2012, 1:45am EST
Annual car sales in India are likely to drop for the first time since 2002 in the fiscal year ending March after January sales fell short of expectations.
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Posted: February 8th, 2012, 12:20am EST
Car sales in India rose an annual 7.2 per cent in January, the Society of Indian Automobile Manufacturers, marking the third consecutive monthly rise.
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Posted: February 8th, 2012, 12:08am EST
Hyundai will end its four-year absence in the mid-size car segment with the new Elantra in the next few months which is expected to be priced 10-13 lakh.
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Posted: February 7th, 2012, 9:22am EST
FIAL, a JV between Fiat and Tata Motors, today said it will achieve 100 per cent capacity utilisation at its manufacturing facility at Ranjangaon, near Pune.
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Posted: February 7th, 2012, 4:17am EST
Mahindra, one of the world's biggest tractor manufacturers, earlier reported a bigger-than-expected 9.9 percent fall in quarterly profit.
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Posted: February 7th, 2012, 2:49am EST
Mahindra & Mahindra has received over 25,000 bookings for its much sought after premium SUV, XUV 5OO in the second phase of its bookings.
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Posted: February 7th, 2012, 1:35am EST
M&M, which is among the four companies to show interest in Swedish automaker Saab, has signed a confidentiality agreement with the bankrupt company and is in the process of finalizing its bid.
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Posted: February 7th, 2012, 12:50am EST
According to him, the proposed wage agreement will be the first one that HMIL management would negotiate and sign with a worker union.
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Posted: February 6th, 2012, 10:05am EST
India's number three tyre manufacturer JK Tyre & Industries Ltd has bagged the order from Daimler India Commercial Vehicles Pvt Ltd to supply tyres.
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Posted: February 5th, 2012, 4:40pm EST
Ssangyong may consider making India a manufacturing base, a senior executive of the Mahindra & Mahindra-owned Korean company said.
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Posted: February 3rd, 2012, 9:25am EST
The country's largest car-maker Maruti Suzuki is yet to firm up the land requirement for its proposed new manufacturing plant in Gujarat
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Posted: February 3rd, 2012, 5:09am EST
Customer preference is fast shifting to diesel cars as the fuel is cheaper than petrol. The shift has prompted introduction of new diesel variants.
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Posted: February 3rd, 2012, 3:31am EST
The company said India, with its open liberal policy, has been able to attract many global players that has resulted in helping growth of the industry.
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Posted: February 2nd, 2012, 4:46pm EST
Audi India will set up a new assembly line in Maharashtra for its sports utility vehicles to take on rivals BMW and Mercedes Benz.
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Posted: February 2nd, 2012, 4:32pm EST
Suzuki Motor Corp's overseas car output declined for the first time in 11 years, dragged down by a crippling strike at its India operations.
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Posted: February 2nd, 2012, 11:27am EST
Renault India, which launched its first hatchback Pulse on Nissan's Micra platform, would not battle its ally on the price front
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Posted: February 2nd, 2012, 11:24am EST
German luxury car maker Audi today reported 39% over growth in sales in India during January. Audi India had sold 480 units in the same month last year
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Posted: February 2nd, 2012, 9:00am EST
French auto major Renault on Thursday said it is planning to launch a passenger car in India at below Rs 4 lakh.
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Posted: February 2nd, 2012, 5:51am EST
To reduce the transit time and increase delivery of vehicles, Maruti Suzuki would set up its stockyard facility in Nagpur, a top company official said today.
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Posted: February 2nd, 2012, 5:06am EST
Audi sold just over 5,500 cars in India in 2011, and targets sales of 8,000 cars in the current calendar year, in line with luxury car sales growth of around 50%.
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Posted: February 2nd, 2012, 4:04am EST
The company had sold 7,711 units in the corresponding period of 2011, Ashok Leyland said in a statement.
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Posted: February 1st, 2012, 7:59pm EST
After bargaining with hospitals to reduce charges, general insurers have turned to the auto industry to bring down cost of repairs, most of which is paid for by the insurance sector.
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Posted: February 1st, 2012, 7:47pm EST
Domestic car sales accelerated for the third straight month in January, with Maruti Suzuki, posting its first rise in eight months.
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Posted: February 1st, 2012, 5:52pm EST
Maruti Suzuki India introduced a compact version of its entry-level sedan, DZire, at an introductory price between Rs 4.79 lakh and Rs 7.09 lakh.
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Posted: February 1st, 2012, 11:39am EST
The country's second-largest car-maker Hyundai Motor India today reported a 15.20 per cent jump in total sales to 49,901 units in January
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Posted: February 1st, 2012, 11:37am EST
Nissan Motor India Pvt Ltd (NMIPL) today reported a nearly three-fold jump in total sales to 5,168 units in January.
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Posted: February 1st, 2012, 11:36am EST
Volkswagen posted a 3.36% increase in sales in India to 5,789 units for January. The company sold 5,601 units in the corresponding period last year.
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Posted: February 1st, 2012, 11:29am EST
Ford India, the Indian subsidiary of Ford Motor Company, closed last month selling 10,789 units, up from 10,026 units sold in January 2011
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Posted: February 1st, 2012, 11:12am EST
The Pune-based automobile manufacturer will set up 'Premier authorised service stations' under the brand 'PASS'.
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Posted: February 1st, 2012, 7:48am EST
General Motors India today posted a 17.46 per cent year-on-year decline in sales to 8,241 units in January, 2012.
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Posted: February 1st, 2012, 7:34am EST
The new car is priced between Rs 4.79 lakh to Rs 6.54 lakh (ex-showroom Delhi) for the petrol version and Rs 5.80 to Rs 7.09 Lakh for the diesel version.
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Posted: February 1st, 2012, 6:59am EST
Premium car-maker Mercedes Benz today launched a new edition of its GL-Class sports utility vehicle in India, priced up to Rs 65.5 lakh (ex-showroom).
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Posted: February 1st, 2012, 6:04am EST
Automobile major Mahindra and Mahindra (M&M) Wednesday reported a 22 percent rise in its January sales at 44,717 units from 36,718 units sold during the corresponding month of 2011.
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Posted: February 1st, 2012, 5:49am EST
The homegrown firm's total passenger vehicles sales in the domestic market stood at 34,669 units in January, up 14.75 per cent from 30,212 units in the same month last year.
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Posted: February 1st, 2012, 4:10am EST
Car sales growth in Asia's third-largest economy will likely be flat in the current financial year, as high interest rates and rising fuel costs deter buyers.
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Posted: February 1st, 2012, 2:02am EST
Maruti Suzuki has reported a modest 5.2 percent increase in January sales at 115,433 vehicles, with domestic sales still continuing to be sluggish.
