Volkswagen's MAN division plans to cut 1,400 jobs at its diesel-engine unit with the goal of improving cost savings by more than 450 million euros ($504.23 million).
The country's largest carmaker Maruti Suzuki India today announced crossing the milestone of 15 lakh vehicles in its cumulative exports.
Italian super sports car maker Lamborghini expects India to be among its top 15 global markets in five years once it introduces its upcoming SUV Urus.
Seeking clarity at the earliest on the Good and Services Tax (GST) rate and its rollout as well as new emission norms, German auto major Daimler on Thursday said these issues are causing "much risk and uncertainty" in the market.
Britain's Rolls-Royce named Stephen Daintith as its new Chief Financial Officer as CEO Warren East completes a shake-up of his executive team at the aerospace and defence company which is in the middle of a turnaround.
Volkswagen is looking at ways to expand its truck operations in Asia, the head of its heavy trucks unit said, as it seeks to build a global business to challenge rivals Daimler and Volvo.
Mahindra & Mahindra is recalling an unspecified number of its new generation Scorpio and NuvoSport SUVs to rectify faulty fluid hose in engine compartment.
Calling for rationalisation of differential tax structures in the Indian automobile industry, Japanese auto major Honda said the "unique" system has led to skewed demand for small cars and prevented introduction of best-selling global models in the country.
Renault SA and Nissan Motor Co announced they would buy French software development company Sylpheo as they compete with global automakers and tech firms to develop new services including ride hailing and car sharing.
Automobile industry is ready to meet BS-VI emission norms by 2020 despite a steep target and is poised for implementation of BS IV across India from April 1, 2017, waiting for nation-wide fuel availability, according to SIAM.
Tata Motors on Friday said it is focusing on cargo vehicles, including tippers, even as the medium and heavy commercial segment grew by just 3 per cent in April-August.
Fiat Chrysler Automobiles said it's recalling more than 1.9 million vehicles worldwide because their air bags might not deploy in a crash.
It has been a year since Volkswagen admitted to fitting millions of cars with cheating software to dupe emissions tests, plunging the German auto giant into one of the biggest scandals ever to hit the industry.
The Board of automobile component firm Hinduja Foundries Ltd has given its nod for amalgamating the company with heavy commercial vehicle maker Ashok Leyland subject to regulatory and shareholders approval of both the companies.
Alarmed over growing imports of Chinese tyres in India, a top official of Apollo Tyres on Wednesday said the situation was jeopardising the Centre's 'Make in India' campaign.
Ford Motor Co said that its 2017 financial performance will pale compared to this year's, because of increased spending on "emerging opportunities," the company said on Thursday.
Mahindra group's auto component arm Mahindra CIE Automotive on Monday said it will acquire Bengaluru-based Bill Forge for Rs 1,331.2 crore.
Sonalika International Tractors plans to enter 10 new countries, including advanced markets like the US, Japan and South Korea, this year as it aims to grow its exports by over 20 per cent in the current fiscal year.
Honda Motorcycle & Scooter India (HMSI) expects prices of its products across variants to increase between Rs 400 and Rs 1,000 when the Bharat Stage IV (BS IV) emission norms come into effect in 2017.