The Japanese player currently imports CKDs (completely knocked down units) of mu-X and D-MAX V-Cross as well as the D-MAX S-CAB pickup offerings and assembles them at Sri Cit Hyderabad: Japanese auto major Isuzu Motors India Pvt Ltd, which unveiled a refreshed version of its premium SUV offering – mu-X – nationally in the city on Tuesday, said it is […]
Under the definitive agreement on powertrain sharing, Mahindra Group will develop and supply a low-displacement petrol engine to Ford India for use in its present and future vehicles, starting in 2020, Mahindra said in a statement to Bombay Stock Exchange. Mumbai : The $20.7 billion Mahindra Group and US car major Ford Motor Company on Wednesday signed two definitive agreements […]
Chinese carmaker SAIC, which is eyeing foreign markets, considers India as one of its biggest bets. Shanghai: MG Motor India, the Indian arm of SAIC, is planning to launch a pure electric vehicle in the first quarter of 2020, the second product from MG Motor in India. Chinese carmaker SAIC, which is eyeing foreign markets, considers India as one of […]
The land acquisition for the new plant at Vithalapur is likely to be completed soon. Already in possession of 400 acres land, Suzuki is the process of acquiring another 100 acres and additional 60 acres will be allotted by the state government, said sources. Suzuki Motor Corporation (SMC) is expected to begin construction of its second manufacturing plant in Gujarat […]
Apart from organising hundreds of rural camps, the automaker is also focusing on opening more R outlets, or rural outlets. NEW DELHI: Tata Motors is banking on strong rural buying to accelerate sales, as the passenger vehicle industry witnesses softening demand in major cities. The maker of the Tiago small car organised 500-600 rural sales camps in the past six […]
Car leasing accounts for less than 1% of the total automotive sales in India, but is expected to grow in the next five years. MUMBAI: Mahindra & Mahindra expects automobile sales to revive in the upcoming festival season as consumption demand in Asia’s third-biggest economy remains strong, paced by broader growth and increasing aspirations. “…Demand and consumption are good stories […]
Slated to launch on October 23 here, it is expected that the new Santro will be priced under Rs 4 lakh. New Delhi: Hyundai Motor India on Tuesday unveiled that the company has named its AH2 coded entry-level hatchback as Santro. Slated to launch on October 23 here, it is expected that the new Santro will be priced under Rs […]
Mercedes faced significant headwinds during the period under review due to various micro-economic factors like rising interest rates, inflationary hikes etc. German luxury carmaker Mercedes-Benz India Tuesday reported a marginal dip in its sales at 11,789 units for the January-September period compared to 11,869 units in the same period of last year. It faced significant headwinds during the period under […]
Volvo Cars, owned by Chinese carmaker Geely, now plans to increase its dealership network with a focus on smaller cities. Swedish luxury car maker Volvo is eyeing prospective customers living in the smaller metros and tier-two cities in India as it bids to double its market share in the country to 10% by 2020. “We are doing well in the […]
Over 25 per cent customers have opted for top-variants where nearly 20 per cent have chosen automatic varian New Delhi: Maruti Suzuki on Monday announced Dzire has crossed three lakh sales mark in 17 months. The third generation Dzire was launched in May 2017, the company said in a regulatory filing. Over 25 per cent customers have opted for top-variants […]