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Maruti Suzuki Sales Drop by 1.6 Per Cent in March, 2015
Country's largest car-maker Maruti Suzuki India (MSI) today reported a marginal 1.6 per cent decline in its total sales for March at 1,11,555 units as against 1,13,350 units in the same month a year ago.
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Nissan India to Strengthen Dealership Network in North East
Nissan Motor India plans to increase its dealership network in the North East by three to four times within next two years as part of its strategy to have 300 outlets across the country in the next 2-3 years.
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Audi Contemplates Major Investment in India; Aims to Double Sales by 2018
German luxury carmaker Audi is set to announce a major investment for the Indian market in 3-4 months to expand business and double sales to 20,000 units by 2018.
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Govt. to Create Special Purpose Vehicles to Aid 'Smart City' Project
Gearing up to roll out its 'Smart City' scheme next month, the Government today said it has planned to form a Special Purpose Vehicle (SPV) for each of the cities to execute the ambitious project.
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Ducati Re-enters India, Starts Operations via Own Subsidiary
Italian super bike maker Ducati today announced re-entry into the Indian market with plans to operate sales and service network under a subsidiary. The brand had made debut in India in 2009 under a partnership with Precision Motor India, which was its exclusive importer.
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Skoda Auto to Revamp Dealer Outlets Throughout India
Skoda Auto India has undertaken an exercise to give similar appearance to all outlets of its dealers across the country, a top official said. The company sells mid-size sedan Rapid, premium sedan Octavia, luxury sedan Superb and premium SUV Yeti in the Indian market. It has 76 dealers across the country.
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Tata Nano Plant Got Rs 456-crore Loan From Gujarat Government
The Gujarat government admitted in the Assembly that it had paid Rs 456.79 crore as a loan to Tata Motors to set up its Nano plant near Sanand in Ahmedabad district.
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Jaguar Land Rover Cars Will Eventually Be Manufactured in India, Says Ratan Tata
Bullish on Jaguar Land Rover, top industrialist Ratan Tata has hinted at Tatas manufacturing these marquee brands in India, Eastern Europe and the US, even as he advised against "running before one can walk".
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AeroMobil's Flying Car to Go on Sale in 2017
A two-seater flying car which can take flight from any clear road could go on sale as early as 2017, potentially changing personal transport on a global scale, its manufacturers say.
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Audi India to Add 10 New Customer Touchpoints This Year
Luxury car maker Audi India is planning to add around 10 customer touch-points this year to complement the proposed 10 launches in the year, which it hopes will help it maintain the pole position in the country.
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Mahindra Believes Electric Vehicles Will Contribute 2-5 Per Cent Soon
Eco-friendly electric vehicles are a new concept but have the potential to occupy about 2 to 5 per cent of the Indian market in the next few years.
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Mahindra First Choice Plans to Open 125 Car Workshops This Year
Mahindra First Choice Services, a leading chain of multi-brand car workshop, will open 125 workshops this year across the country, including 25 in Rajasthan.
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Renault India to Foray into the Used Car Business
Buoyed by strong growth in used car business, France-based carmaker Renault would foray into this space and make a formal announcement about it next month, a top official has said.
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Toyota to Now Focus on Safety Instead of Sales in India
The world's largest auto maker by volume, Toyota is making a strategic shift in India deciding to focus on safety and take a premium position in each of the segment it is present rather than chasing numbers.
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Fuel for Aircrafts Costs Less Than Petrol & Diesel
Aviation Turbine Fuel (ATF), used in aircraft, costs less than petrol and diesel as the common man auto fuels attract higher excise duty levy.
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Aston Martin, Maserati, Bentley May Debut at Auto Expo 2016
British luxury sports car maker Aston Martin, its Italian rival Maserati and ultra premium automaker Bentley could be among the main attractions in the next year's Auto Expo to be held from February 5-9. According to industry sources, for the first time these luxury car makers have approached organisers of the Auto Expo to participate in India's flagship automobile show.
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Volvo Looking to Assemble Cars in India?
Swedish luxury carmaker Volvo is in talks with Mahindra & Mahindra, Hindustan Motors and General Motors India to explore the feasibility of utilising the facilities of one of these auto manufacturers to locally assemble its vehicles in India.
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Hyundai Eyes 5 Lakh Sales Mark in the Domestic Market
Hyundai Motor India is targeting 5 lakh sales milestone in the domestic market in the near future for which it plans to launch a slew of products, including entry into new segments.
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Mahindra & Mahindra Plans to Invest 4000 Crore on New Manufacturing Plant in Tamil Nadu
Auto major Mahindra and Mahindra has proposed to invest Rs 4,000 crore for setting up a large manufacturing facility in Tamil Nadu which would roll out the company's future models, a top official said on Saturday.
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Maharashtra to Become Toll-Free?
Chief Minister Devendra Fadnavis said that "toll-free Maharashtra" is a concept and not an election promise of the BJP.
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