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.
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.
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.
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.
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.
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.
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.
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".
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.
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.
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.
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.
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.
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.
Aviation Turbine Fuel (ATF), used in aircraft, costs less than petrol and diesel as the common man auto fuels attract higher excise duty levy.
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.
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.
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.
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.
Chief Minister Devendra Fadnavis said that "toll-free Maharashtra" is a concept and not an election promise of the BJP.
