July 23, 2014 08:33 (IST)
Far-flung supply chains required by overseas sourcing can create all kinds of unforeseen inventory expenses, quality control problems and unanticipated delays, as the Boston Consulting Group and other analysts have pointed out.
July 21, 2014 19:40 (IST)
Maruti Suzuki continues its dominance on the Indian roads with its four models, led by entry level small car Alto heading the top ten best-sellers list in April-June quarter of the ongoing fiscal year (2014-15).
July 21, 2014 17:17 (IST)
The new distributor will establish monobrand outlets in Moscow and Saint Petersburg, a warehouse for spare parts and 60 touch points in key regions, over a period of five years, the company said in a statement.
July 18, 2014 12:56 (IST)
Germany's Allianz SE is the lead hull and liability reinsurer covering a Malaysian airliner that was shot down over eastern Ukraine on Thursday, Bloomberg reported, citing an email from Allianz.
Chennai | July 17, 2014 18:27 (IST)
Commenting on the partnership with Corbeta Group, Royal Enfield CEO Siddhartha Lal said: "Colombia is a strategic market for Royal Enfield given the potential of its motorcycle industry and the fabulous riding terrain.
Detroit | July 17, 2014 11:24 (IST)
German automaker BMW said on Wednesday it is recalling about 1.6 million cars worldwide to replace passenger-side front air bags made by Takata Corp because the inflators could break apart during deployment and injure passengers.
New Delhi | July 17, 2014 10:49 (IST)
Volkswagen AG will increase the amount of locally-made parts in the cars it sells in India to cut costs and lift falling sales in a competitive market dominated by cheap compacts.
July 16, 2014 18:13 (IST)
The announcement is part of Honda's recall regarding the potential defect related to passenger air bag inflators which the company announced in June, according to the statement.
July 15, 2014 16:19 (IST)
Vehicle manufacturers in the country need to revamp production process and focus on product differentiation as customers are looking for more value and features across vehicle segments, according to a report by global consultancy firm PwC.
Kochi | July 15, 2014 16:02 (IST)
Said to be the first of its kind finance scheme, the 'Muthoot Maruti Gold to Car Scheme' (MMG) will give Maruti customers 100 per cent on road financing for their vehicles across Kerala.
July 15, 2014 14:37 (IST)
The petrol variant would be priced at Rs 6.76 lakh, CNG would be at Rs 7.34 lakh and diesel would be at Rs 8.05 lakh.
New Delhi | July 15, 2014 13:36 (IST)
Mahesh Kodumudi, president and managing director of Volkswagen India Pvt. Ltd., also said the company could increase its India plant capacity to 200,000 cars a year from 130,000.
New Delhi | July 14, 2014 14:45 (IST)
The government will make necessary changes in law and bring it on par with international standards to enable cars, especially those running on bio-fuels, to ply on Indian roads, Road Transport Minister Nitin Gadkari said on Monday.
Dubai | July 13, 2014 14:01 (IST)
Using the latest machine learning and artificial intelligence techniques, JLR's proposed car will offer a comprehensive array of services to the driver, owing to a new learning algorithm that recognises who the driver is and learns their preferences and driving style.
New Delhi | July 13, 2014 13:41 (IST)
In the April-June period, the company sold 2,41,812 units of passenger cars and utility vehicles out of an industry total of 5,73,038 units, garnering 42.19 per cent market share, according to latest SIAM data.
July 11, 2014 18:59 (IST)
Tata Motors on Friday reported a 10.46 per cent decline in global sales, including Jaguar Land Rover (JLR), at 75,623 units in June.
New Delhi | July 11, 2014 16:32 (IST)
Homegrown auto major Mahindra & Mahindra Ltd is wooing bank employees across India with a special scheme offering Rs 25,000 discount on purchase of its passenger vehicle.
New Delhi | July 09, 2014 11:56 (IST)
Motorcycle sales last month climbed 9.63 per cent to 8,76,196 units from 7,99,254 units a year earlier, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
New York | July 09, 2014 08:10 (IST)
Most of the recalled cars are Taurus/MKS/Interceptor sedans and Flex/MKT vehicles from the 2013-2014 model years, which have problematic half-shafts, part of the drivetrain.
New Delhi | July 06, 2014 20:53 (IST)
Tata Motors is working on a strong pipeline of products for the domestic market keeping in view changing customer needs to make the carmaker more profitable over the years, chairman Cyrus P Mistry has said.