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Articles of Pti

  • Mercedes-Benz Plans to Open 15 Outlets in 2015

    Mercedes-Benz Plans to Open 15 Outlets in 2015

    PTIBy PTI•Feb 9, 2015 03:44 PM•1 min read

    Buoyed by the impressive performance in 2014, luxury car major Mercedes-Benz India has planned to expand its network, particularly in Eastern India. Eberhard Kern said 14 more outlets are in the pipeline to be inaugurated this year

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  • BMW India's 2015 Plans: 15 Launches and Increased Localisation

    BMW India's 2015 Plans: 15 Launches and Increased Localisation

    PTIBy PTI•Feb 4, 2015 10:11 PM•1 min read

    The company, which has lined up 15 new launches this year, has increased its local suppliers to eight from this year from two previously.

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  • 50% of Passenger Vehicles May Have AMT By 2020 Says Tata Motors

    50% of Passenger Vehicles May Have AMT By 2020 Says Tata Motors

    PTIBy PTI•Feb 3, 2015 07:59 PM•1 min read

    Tata Motors is betting big on auto gear shift for its passenger vehicle portfolio and expects around 50 per cent of its products to have the advanced technology by 2020.

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  • Gadkari: Govt to Construct 3,586 Kms of Highways in Tough Terrains

    Gadkari: Govt to Construct 3,586 Kms of Highways in Tough Terrains

    PTIBy PTI•Jan 30, 2015 09:13 PM•1 min read

    National Highways and Infrastructure Development Corporation (NHIDCL) would construct 3,586 kms of highways worth Rs 34,300 crore in tough terrains, including the North-East, in the first tranche, said Road Transport and Highways Minister, Nitin Gadkari.

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  • Mercedes-Benz Issued Notice For Supplying 'Defective' Car to Politician

    Mercedes-Benz Issued Notice For Supplying 'Defective' Car to Politician

    PTIBy PTI•Jan 26, 2015 07:02 PM•1 min read

    Maharashtra's apex consumer disputes redressal body has issued notices to Mercedes-Benz India Pvt Ltd and its local dealer for supplying a "defective" luxury car to Congress Rajya Sabha MP Vijay Darda.

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  • Audi India Expects Growth In Double Digits This Year

    Audi India Expects Growth In Double Digits This Year

    PTIBy PTI•Jan 26, 2015 04:26 PM•1 min read

    German auto maker Audi said it expects to see a double-digit growth in its share in the luxury car market this year in India as there will be clarity on the way forward after budget and market will grow.

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  • Mercedes: Bring Down High Taxation for Make In India Campaign to Work

    Mercedes: Bring Down High Taxation for Make In India Campaign to Work

    PTIBy PTI•Jan 23, 2015 05:01 PM•1 min read

    The government needs to bring down the 'unreasonable' high taxation on the auto sector for 'Make in India' campaign to be successful, according to German luxury carmaker Mercedes-Benz.

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  • Video Game Technology to Make Self-Driving Cars Affordable?

    Video Game Technology to Make Self-Driving Cars Affordable?

    PTIBy PTI•Jan 20, 2015 07:02 PM•1 min read

    A new software that allows a self-driving car to determine its location using a single video camera instead of several laser scanners can shave thousands of dollars from the cost of such vehicles.

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  • Nissan May Advance Launch of 3rd Datsun Vehicle in India

    Nissan May Advance Launch of 3rd Datsun Vehicle in India

    PTIBy PTI•Jan 19, 2015 05:12 PM•1 min read

    Japanese auto major Nissan will miss its target of achieving 10 per cent market share in India by 2016 but may advance the launch of a third vehicle from its Datsun brand in the country to propel growth.

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  • Mahindra & Mahindra Launches Electric Vans in Agra as Part of NEMMP

    Mahindra & Mahindra Launches Electric Vans in Agra as Part of NEMMP

    PTIBy PTI•Jan 17, 2015 05:29 PM•1 min read

    In a first step towards promotion of green vehicles, Mahindra & Mahindra today handed over four battery-powered vans to the Agra Development Authority to be used for public transport under a pilot project.

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  • Mercedes-Benz India to Hike Prices by 4 Per Cent

    Mercedes-Benz India to Hike Prices by 4 Per Cent

    PTIBy PTI•Jan 13, 2015 08:43 PM•1 min read

    German luxury car maker Mercedes-Benz will increase prices of its products in India by 4 per cent across models from January 22 to offset impact of higher excise duty, post withdrawal of concessions by the government.

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  • Mahindra Two Wheelers Expects to Complete Deal With Peugeot Motorcycle

    Mahindra Two Wheelers Expects to Complete Deal With Peugeot Motorcycle

    PTIBy PTI•Jan 13, 2015 05:37 PM•1 min read

    Mahindra Two Wheelers expects to complete the deal by next month to acquire 51 per cent stake in Peugeot Motorcycles, part of the France-based Euro 54 billion PSA Group, a top official said today.

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  • Ford To Introduce New Infotainment System in India Next Year

    Ford To Introduce New Infotainment System in India Next Year

    PTIBy PTI•Jan 12, 2015 06:00 PM•1 min read

    US auto major Ford plans to introduce in India its latest version of communications and entertainment system, SYNC 3, in its vehicles by next year.

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  • President Gives Nod to E-Rickshaws

    President Gives Nod to E-Rickshaws

    PTIBy PTI•Jan 8, 2015 09:15 PM•1 min read

    An ordinance to amend the Motor Vehicles Act today got the President's assent, paving the way for plying of e-rickshaws on roads of national capital region.

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  • Maruti Counting on Lower Fuel Prices to Offset Price Hike

    Maruti Counting on Lower Fuel Prices to Offset Price Hike

    PTIBy PTI•Jan 9, 2015 12:00 AM•1 min read

    Gearing up to enter new segments this year, an upbeat Maruti Suzuki India says that the price hikes following the withdrawal of excise duty sops will not affect auto sales. The India's largest car maker is banking on factors like lower fuel prices and the likely softening of interest rates to offset the impact of increase in vehicle prices.

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  • Honda Cars Now Expensive By Up to Rs 60,000

    Honda Cars Now Expensive By Up to Rs 60,000

    PTIBy PTI•Jan 5, 2015 11:28 PM•1 min read

    Honda Cars India today increased prices of its vehicles by up to Rs 60,000 following the expiry of reduced excise duty concessions and also to offset rising input costs.

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  • Fuel Prices to Remain Unaffected Despite Excise Duty Hike

    Fuel Prices to Remain Unaffected Despite Excise Duty Hike

    PTIBy PTI•Jan 2, 2015 05:42 PM•1 min read

    The government raised excise duty on petrol and diesel by Rs 2 per litre each but retail pump rates will not be increased.

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  • Excise Duty Benefits to End; Cars to Become Expensive From January

    Excise Duty Benefits to End; Cars to Become Expensive From January

    PTIBy PTI•Dec 30, 2014 10:23 PM•1 min read

    Cars, SUVs and two-wheelers will become expensive from January 1 with the government deciding not to extend the reduced excise duty rates provided to the sector.

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  • Honda Motorcycle & Scooter India 'Cautiously Optimistic' About 2015

    Honda Motorcycle & Scooter India 'Cautiously Optimistic' About 2015

    PTIBy PTI•Dec 30, 2014 07:22 PM•1 min read

    Honda Motorcycle & Scooter India (HMSI) remains "cautiously optimistic" about 2015 as it believes that policy measures like continuation of excise duty relief and government support to rural areas would act as a catalyst for growth next year.

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  • Future of Auto Excise Duty to Remain Undecided till December 31

    Future of Auto Excise Duty to Remain Undecided till December 31

    PTIBy PTI•Dec 25, 2014 06:49 PM•1 min read

    As auto makers anxiously watch if reduced excise duty regime would be extended to next year, Finance Minister Arun Jaitley today said they would have to wait till December 31.

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