August 22, 2014 17:01 (IST)
According to a report by Standard Chartered Bank, Hyundai plans to source engines for its global operations from India, Ford plans to make India its manufacturing hub for engines for the Asia-Pacific region and Africa, and Volkswagen plans to increase sourcing from India to 70 per cent of total global sourcing.
August 22, 2014 15:10 (IST)
Maruti Suzuki India, the country's largest carmaker, expects voting by minority shareholders to happen sometime in October for approval of its plans to let parent Suzuki Motor Corp own a proposed new plant in Gujarat.
August 21, 2014 18:47 (IST)
Honda Cars India Ltd (HCIL) on Thursday said it has sold more than one lakh cars powered by its diesel engine in the domestic market.
August 21, 2014 16:32 (IST)
Automobile manufacturer Tata Motors is eyeing to capture more market share in the compact sedan segment, following the launch of its latest car Zest, according to a top company official.
August 20, 2014 16:50 (IST)
The company, which today launched its compact sedan Zest in the NCR, priced between Rs 4.64 lakh and Rs 6.99 lakh (ex-showroom Delhi), is also working to upgrade its sales and service network.
Jodhpur | August 20, 2014 14:41 (IST)
Buoyed by strong response to its newly launched hatchback Elite i20 and success of compact sedan Xcent, Hyundai Motor India Ltd (HMIL) is also looking forward to a strong festive season sales.
New Delhi | August 19, 2014 14:34 (IST)
The company, which had launched the model last year, has so far sold more than 60,000 units of the SUV in the country.
August 19, 2014 13:29 (IST)
European carmaker Volkswagen on Tuesday announced setting up of a state-of-the-art diesel engine assembly and testing facility at its Chakan plant in Pune at an investment of Rs 240 crore.
New Delhi | August 18, 2014 14:28 (IST)
The quantum of price increase would be up to 2.5 per cent depending upon the model range, effective from September 1, Mercedes-Benz India said in a statement.
August 18, 2014 11:29 (IST)
The XC90 SUV launch on August 26 will be make or break for a company moving into a premium market dominated by German rivals.
Shanghai | August 18, 2014 10:38 (IST)
The Jiangsu Province Price Bureau, which launched its investigation last month, found evidence of anti-competitive practices after raiding Mercedes-Benz dealerships in the province as well as an office in Shanghai, Xinhua said.
New Delhi | August 17, 2014 16:40 (IST)
The company, which has lined up scooter Zest and refreshed versions of motorcycle models Apache and Victor before the end of the current fiscal, is behind Hero MotoCorp, Honda Motorcycle & Scooter India and Bajaj Auto at present in the Indian two-wheeler market.
Mumbai | August 17, 2014 15:42 (IST)
As per the revised wage agreement, permanent employees having been with the company for five or more years will get a wage hike of Rs 10,000 a month while those having spent three years or more will be given Rs 9,500 a month.
Mountain View, California | August 17, 2014 11:57 (IST)
Google publicly disclosed its driverless car program in 2010, though it began the previous year. It's part of the company's "Google X" division, overseen directly by co-founder Sergey Brin and devoted to "moon shot" projects by the Internet company, as Dolgov puts it, that might take years, if ever, to bear fruit.
August 15, 2014 17:22 (IST)
The company, which is investing Rs 2,000 crore on a research and development facility, including a test track, at Rohtak in Haryana, will enter the SUV and MUV (multi-utility vehicle) segment "with full bandwidth" in the next few months.
August 15, 2014 16:42 (IST)
The profitability of the struggling domestic unit of Tata Motors, especially that of its passenger car division, depends on the success of the newly-launched sedan Zest and the forthcoming Bolt, Moody's has said.
August 15, 2014 15:45 (IST)
Mahindra & Mahindra will stop production for up to four days this month across its automotive plants in the wake of weak demand.
August 14, 2014 21:57 (IST)
Tata Motors on Thursday reported an 8.46 per cent decline in global sales at 80,151 units in July.
Shanghai | August 14, 2014 10:19 (IST)
Citing an unidentified source which the paper described as authoritative, the fine to be imposed on Audi - a unit of Germany's Volkswagen AG - is calculated based on a percentage of its 2013 car sales in the central province of Hubei.
August 13, 2014 20:10 (IST)
Tata Motors on Wednesday said it has plans to export its new car 'Zest' to Asian and African markets.