April 16, 2014 22:36 (IST)
Bajaj Auto's Chakan plant employees' union has made a fresh set of demands and said it will stop work from April 28 if the automaker's management fails to oblige.
Frankfurt | April 16, 2014 19:42 (IST)
Daimler is set to revive Maybach, a brand once coveted by oligarchs, rap stars and royals, to woo a growing class of ultra-wealthy clients in Asia and the United States, a person familiar with the company's plans said.
Tokyo | April 16, 2014 11:28 (IST)
Japan's most valuable listed company is shifting to a new phase of much slower but more stable growth, senior executives said, as the burst of gains from a weak yen and Prime Minister Shinzo Abe's stimulus policies fades.
New York | April 16, 2014 11:14 (IST)
General Motors Co. will create a new global product integrity organization that will focus on product safety and quality, said GM chief executive Mary Barra in a speech on Tuesday.
April 14, 2014 21:48 (IST)
The slowing economy and weak consumer sentiment have had a trickle-down impact on demand for LCVs or passenger cars, which shrunk 17.7 per cent during the financial year compared with steady growth in the segment over the past several years.
April 13, 2014 18:31 (IST)
India has become the fourth biggest market for Renault's compact sports utility vehicle Duster globally, with sales touching 85,974 units in the country since the launch of the vehicle in 2012.
Washington/Detroit | April 12, 2014 16:41 (IST)
General Motors engineers were well aware of serious problems with ignition switches in GM small cars, but rejected several opportunities to make fixes, according to dozens of confidential documents released on Friday by a Congressional committee investigating the deadly defect.
Written By: Ramarko Sengupta | April 12, 2014 13:38 (IST)
Maruti's new hatchback Celerio is among a handful of models that command a waiting list even in today's sluggish auto market. Last month Maruti Suzuki chairman RC Bhargava told NDTV that the Celerio has been clocking 1,000 bookings a day.
New Delhi | April 11, 2014 16:11 (IST)
Car sales in India are expected to rise marginally this fiscal year after posting two straight years of decline, an industry body said on Friday.
April 11, 2014 15:45 (IST)
Its closest rival remained Hyundai Motors India Ltd with a 15.18 per cent share, while Mahindra & Mahindra (10.15 per cent) overtook Tata Motors (7.94 per cent) to the third spot.
April 11, 2014 14:59 (IST)
Maruti clarified that the recall is limited to vehicles within the specified range and does not pertain to any other vehicle of the company.
New Delhi | April 11, 2014 10:56 (IST)
Motorcycle sales last month climbed 16.24 per cent to 9,06,665 units from 7,80,022 units a year earlier, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
April 10, 2014 15:51 (IST)
Jhunjhunwala, referred to at times as India's Warren Buffett, bought 700,000 shares in the January-March quarter.
April 10, 2014 10:26 (IST)
DVR stands for Differential Voting Right. Companies issue DVR shares to prevent any hostile takeover and dilution of voting rights. This also helps strategic investors who are looking at a big investment in a company, but with fewer voting rights. A Tata Motor DVR has 10 per cent voting right as compared to an ordinary Tata Motor share.
April 09, 2014 23:10 (IST)
Volkswagen AG on Wednesday said it will stop selling about 27,000 current model year Jetta, Beetle, Beetle Convertible and Passat cars with 1.8-liter engines and automatic transmissions in North America because transmission oil may leak.
Bangalore | April 09, 2014 13:57 (IST)
The recall has been mandated due to an error discovered in the spiral cable mounted on the steering wheel, Toyota said.
Tokyo | April 09, 2014 11:55 (IST)
Despite record sales and bumper profits, Toyota has been fighting to protect its brand after millions of earlier recalls and in the wake of a $1.2 billion settlement last month to settle US criminal charges.
Washington | April 09, 2014 07:41 (IST)
NHTSA said GM had also told the agency it was not able to respond fully because of an investigation into the recall by former federal prosecutor Anton Valukas, who has been hired by GM to conduct an internal probe.
April 08, 2014 16:13 (IST)
While the company officials declined to comment, neither confirming nor denying the development, industry sources said the firm has already initiated replacement of the faulty fuel neck filler, which is connected to the fuel tank, in unsold units at dealerships.
New Delhi | April 06, 2014 15:59 (IST)
The company, which last week launched an all-new version of its M6 Gran Coupe, a four-door sports car priced at Rs 1.75 crore (ex-showroom Delhi), plans to bring the hybrid BMW i8 car as a completely built-up unit (CBU) by the end of 2014.