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.
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.
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.
Delhi seems to have become a haven for auto lifters with three vehicles being stolen every hour in the national capital.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
