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Maruti's Sales for June Grow by 33 percent
Country's largest car-maker Maruti Suzuki India (MSI) today reported a 33.5 per cent increase in its total sales for June at 1,12,773 units as against 84,455 units in the same month last year.
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Mercedes to Double its Production Capacity at Chakan Plant
Luxury car maker Mercedes-Benz India would soon double its production capacity at its existing plant in the country at Chakan near Pune, a company official said today.
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Mercedes and Carzonrent Announce India's First Luxury Self-Drive Service
The association will offer C-Class & E-Class models of Merc in cities like New Delhi, Mumbai, Bangalore, Hyderabad and Chennai, and will also introduce other models into the luxury self-drive service such as the SLK and AMG versions.
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3 Vehicles Stolen in Delhi Every Hour
Delhi seems to have become a haven for auto lifters with three vehicles being stolen every hour in the national capital.
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Mahindra Will Review Tesla Patents for its Electric Vehicles
Homegrown auto major Mahindra & Mahindra that has been developing a range of electric vehicles will review technology patents that American electric car maker Tesla Motors has made free for applicability to its products.
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End Custom Duty on Raw Material to Revive Auto Industry: ACMA
Automotive component makers body ACMA today asked the Central government to abolish custom duty on alloy and mild steel, aluminium and secondary aluminium alloy and to continue with the 10 per cent duty on components to revive the industry.
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Hero MotoCorp Plans to Set Up its 6th Plant in India
India's largest two-wheeler maker, Hero MotoCorp, plans to set up a plant in South India, its sixth overall, to cater to the domestic market and take its overall annual capacity to 12 million units.
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Hero MotoCorp Plans to Start Selling Bikes in US Next Year
Hero MotoCorp, India's largest two-wheeler maker, is looking to start selling bikes in the US next year, hoping to create a niche market for its products. The Company is confident that its motorcycles will be accepted well in the US.
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Suzuki Inazuma Now Costs Rs 1 Lakh Less
Suzuki Motorcycle India has slashed the price of its premium bike Inazuma by Rs 1 lakh bowing to customer demand. It will be available at Rs 2,09,369 (ex-showroom, Delhi).
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Jaguar Land Rover Sales Up by 20% in May
Tata Motors-owned Jaguar Land Rover today reported a 20 per cent increase in global sales to 38,831 units in May. The Jaguar brand sold 6,450 units, up 4 per cent, while Land Rover sold 32,381 units, a growth of 23 per cent, the company said in a statement.
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Triumph Motorcycles Receives Over 450 Bookings
British motorcycle maker Triumph Motorcycles that has recently opened its 8th dealership in India, has announced to have received over 450 bookings since its entry in India in November 2013.
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VE Commercial Vehicles Aims to Expand its Overseas Presence
Buoyed by around 200 per cent growth in its exports this year, automobile manufacturer VE Commercial Vehicles is eyeing strengthening of its overseas presence in Africa and Middle Eastern region, a top company official said here today.
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Honda Plans to Sell 45 Lakh Two Wheelers in 2014-15
Two-wheeler major Honda Motorcycle & Scooter India (HMSI) plans to sell 45 lakh units in 2014-15, a jump of 21 per cent over the previous fiscal.
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China Will Take 6 Million Vehicles Off Roads to Ease Pollution
Smog-hit China plans to remove 6 million vehicles that do not meet emission standards off the roads this year, in a bid to reduce air pollution in the world's largest auto market.
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Toyota Recalls 2.27 Million Vehicles Globally Over Airbag Defect
Toyota on Wednesday recalled 2.27 million vehicles globally over an airbag system defect that could cause fires, dealing another blow to the world's biggest automaker whose safety reputation has been dented in recent years.
Read More →May 2014: Car Sales in India Up by 3.08%, Bikes by 11.71%
According to the data released by the Society of Indian Automobile Manufacturers (SIAM), motorcycle sales in May this year grew by 11.71 per cent to 9,84,469 units as against 8,81,288 units in the year-ago period.
Read More →DHI for Extending Excise Duty Cut on Auto Sector Beyond June
Department of Heavy Industry (DHI) is likely to pitch for extension of the excise duty incentive to the automobile sector beyond June 30 to help it tide over the difficult situation.
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Automobile Dealers Demand Tax Sops in Union Budget
The stimulus by way of cut in excise duty on passenger vehicles announced in the Interim Budget should be retained in the regular Union Budget, the Federation of Automobile Dealers Association has said.
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Maruti to Start Investor Roadshow on Gujarat Plant
The country's largest carmaker Maruti Suzuki India will kick off a roadshow this month to explain to global and domestic investors its move to let parent Suzuki Motor Corp own a proposed plant in Gujarat.
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Mercedes-Benz India Never Witnessed A Single Day Production Loss
At a time when some of the city-based domestic auto makers are facing labour unrest, luxury car maker Mercedes-Benz says it has not witnessed a single-day production loss, since its entry in India over last two decades and has zero-attrition in blue-collar category.
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