March 15, 2014 19:50 (IST)
Proxy advisory firm Institutional Investor Advisory Services India (IIAS) has welcomed Maruti's decision to put the decision around the controversial Gujarat plant to shareholders vote.
March 15, 2014 19:08 (IST)
Maruti Suzuki, Indias largest carmaker, plans to invest around Rs 4,000 crore in the next fiscal year (FY15) on various activities including introduction of new models, marketing and R&D.
March 15, 2014 13:20 (IST)
Maruti Suzuki India will seek minority shareholders approval to set up a plant in Gujarat as a unit of Suzuki Motor Corp, after the proposed move drew opposition from the company's leading institutional investors.
March 15, 2014 12:29 (IST)
Renault India has said it is aiming to double its market share to 5 per cent over the next 3-4 years, riding its sub-Rs 4 lakh car.
March 14, 2014 19:47 (IST)
Maruti Suzuki India is facing stiff resistance from private sector mutual funds and insurance companies, which own almost 7 per cent of the company, for its decision to allow Suzuki to make cars for the Indian car-maker at a proposed plant in Gujarat instead of manufacturing vehicles itself.
Frankfurt | March 13, 2014 22:02 (IST)
BMW aims to sell a record 2 million cars or more this year, the world's largest luxury carmaker said, after posting better-than-expected results and raising its payout to shareholders.
March 13, 2014 19:25 (IST)
In the passenger vehicles category, global sales last month were 50,775 units, 8.81 per cent higher than 46,662 units in February 2013.
March 13, 2014 18:01 (IST)
German luxury car maker Mercedes Benz today announced commencement of assembly of the S-Class sedan in India and has slashed the car's price by Rs 18 lakh.
March 13, 2014 15:23 (IST)
Under the plan, Maruti will buy vehicles produced by Suzuki at the new plant and sell them in the open market. Maruti currently produces and sells its own cars.
March 13, 2014 14:13 (IST)
Hero MotoCorp, Indias largest two-wheeler maker, on Thursday launched an all-new motorbike, Splendor iSmart.
March 12, 2014 21:44 (IST)
Tata Motors-owned Jaguar Land Rover (JLR) on Wednesday registered a 14 per cent increase in global sales in the month of February at 30,487 units.
March 12, 2014 14:55 (IST)
Hyundai Motor India Ltd (HMIL) on Wednesday sparked off a price war in the compact sedan segment with the launch of its new model, Xcent, at an introductory price ranging between Rs 4.66 lakh and Rs 7.38 lakh.
March 11, 2014 20:26 (IST)
Car sales in India would be back on track and grow by up to 9 per cent in the current year with leading manufacturers such as Maruti Suzuki and Hyundai Motor introducing new models to expand market share, according to global marketing information services company JD Power.
Hwaseong, South Korea | March 11, 2014 19:08 (IST)
Hyundai Motor Co, South Korea's champion of fuel-cell electric vehicles (EV), will answer calls for manufacturers to make more zero-emission cars by launching its first rechargeable battery-powered vehicle in 2016.
March 11, 2014 09:54 (IST)
Most of us prefer to get our car purchases financed. Car loans can be easily availed through either your own bank or even other banks. However, there are a number of frequently asked questions regarding car loans.
New Delhi | March 10, 2014 15:46 (IST)
The Society of Indian Automobile Manufacturers (SIAM), which released the data today, however, remains cautious on the outlook for the industry.
New Delhi | March 10, 2014 11:08 (IST)
Motorcycle sales last month climbed 5.39 per cent to 8,43,307 units from 8,00,165 units a year earlier, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
March 06, 2014 16:47 (IST)
The plant, which is to be constructed within the company's existing facility near southern Chennai city where it makes trucks, will have an initial capacity of 1,500 units. The capacity can be expanded to 4,000 buses, it said.
March 05, 2014 20:27 (IST)
Seeking to assuage investor concerns, Maruti Suzuki India Chairman R C Bhargava on Wednesday said the deal to give its Gujarat plant to Suzuki for operations was "beneficial" for the company and issues will get resolved gradually.
Geneva | March 04, 2014 16:54 (IST)
Europe's largest automaker has been trying for more than a year to hit internal cost requirements for the vehicle, which would likely sell for between 6,000 euros and 8,000 euros and be built in China, the biggest market for budget cars.