Carlos Ghosn ends years of speculation over when he would relinquish the top job at Japan's No. 2 automaker amid investor concerns that he was stretching himself too thin.
Mahindra is in the process of investing Rs 700 crore to develop new intermediate commercial vehicles (ICVs) and light commercial vehicles (LCVs).
Tata Motors CEO Guenter Butschek said at a press conference that he saw the tie-up creating new revenue opportunities for the company as car buyers increasingly look for value-added services.
On January 13, the head of the US Environmental Protection Agency finalised a determination that the landmark fuel efficiency rules instituted by then President Barack Obama should be locked in through 2025.
Vehicle sales across categories registered a decline of 4.71 per cent to 16,20,045 units from 17,00,141 units in January 2016.
The Jaguar brand recorded retail sales of 13,949 units in January, up 76 per cent, driven by continuing strong sales of the F-PACE and strong demand for the long wheel base Jaguar XFL in China.
The Voluntary Vehicle Fleet Modernisation Programme (V-VMP) policy has proposed to push 28 million decade-old vehicles off the roads.
Tata Motors is finding it difficult to answer queries on whether the Nano will be a part of the journey ahead as the issue is proving to be a sensitive one involving those at the top level of the Tata group.
The price hike is in the range of Rs 1,500 to Rs 8,014 (ex-showroom Delhi) across models, Maruti Suzuki India (MSI) said in a statement.
Tata Motors is in the process of "getting ready" its medium and heavy commercial vehicles to comply with BS-IV norms, a company official said.
Under Chief Executive Carlos Tavares, PSA is pursuing an ambitious recovery plan after a 2014 brush with bankruptcy and has pledged to find an Indian partner by 2018 to resume production in a market that registers about 3 million new vehicles a year.
The homegrown auto major is also planning to launch at least two new products, including a compact sedan and SUV, during the next fiscal as it aims to post sales better than the industry.
Although overall sales of the company last year were on positive side, but it got affected due to the government's demonetisation drive, he added.
For a better deal, in terms of low equated monthly installments (EMIs) and rate of interest, it becomes very important to check out the various offers and discounts given by the different sellers.
Motherson Sumi will make a voluntary, recommended public tender offer to acquire all the issued and outstanding shares and option rights in PKC.
The Ignis is built on a new generation rigid platform embodying Suzuki Total Effective Control Technology (TECT) for occupant protection.
"Auto sales numbers have not declined. From April to December there has been a growth of 9-10 per cent. We sold 106,000 cars to dealers. The dealers sold 183,000 cars to customers. That reduced inventory to an all time low of 34,000," Mr Bhargava said.
India's fuel demand in 2016 grew at its fastest in at least 16 years as low oil prices boosted demand for gasoline and aviation fuels, but analysts say the country's currency troubles will put the brakes on this year.