Luxury automaker Lamborghini expects to at least double production to 7,000 vehicles a year by 2019 once it rolls out a new SUV, but it will not lose its focus on making sports cars, Chief Executive Officer Stefano Domenicali said.
German car giant Volkswagen said it had reached a deal with suppliers to begin deliveries again after a stoppage that forced the group to halt production at several plants.
Volkswagen is planning further acquisitions in the market for new transportation technologies and services.
Harley-Davidson Inc agreed to pay a $12 million civil fine and stop selling illegal after-market devices that cause its motorcycles to emit too much pollution, the U.S. Justice Department said.
Standard & Poor's Ratings Services (S&P) has raised its long-term corporate credit rating on Tata Motors to a better grade with less vulnerability of non-payment based on better performance of its British arm Jaguar Land Rover (JLR).
Homegrown auto major Mahindra & Mahindra plans to enter new segments of commercial vehicles as it aims to be a full-range player in the said category in the next three years.
Mahindra & Mahindra is recalling in India an unspecified number of its SUV Rexton manufactured on or before September 2014 to rectify faulty rear driveshaft.
The Supreme Court lifted its embargo on registration of high-end diesel cars and SUVs having engine capacity of 2000cc and above in Delhi and National Capital Region on payment of one per cent of the ex-showroom price of such vehicles as green cess.
Automobile industry on Friday welcomed the Supreme Court decision to lift ban on cars and SUVs with diesel engine capacity of 2,000 cc and above in the Delhi-NCR region.
Auto stocks rallied sharply on Friday, following Supreme Court's decision to lift the ban on registration of diesel cars with over 2000 cc engines in Delhi.
A promoter entity of Hero MotoCorp on Thursday divested its equity holding in the two-wheeler major by selling shares worth Rs 1,910 crore to another promoter firm in an open market transaction.
Japanese tyre major Bridgestone Corporation on Wednesday announced foray into India's two-wheeler tyre segment.
Investors are losing confidence and customers are unsure of what to do in the wake of diesel vehicles being targeted as the "main villain" for air pollution, especially in Delhi-NCR region, according to Maruti Suzuki India Chairman R C Bhargava.
Domestic passenger car sales rose by 9.62 per cent to 1,77,604 units in July as against 1,62,022 units in the same month last year.
Tata Motors chairman Cyrus Mistry on Tuesday asked his unhappy shareholders to be patient as the company is passing through a tough turnaround amidst global uncertainty which may even impact its highly successful British operations under the Jaguar Land Rover (JLR) brand.
Ford India slashed prices of select variants of its compact sedan Ford Aspire and Figo hatchback by up to Rs 91,000 as it looks to increase sales.