isuzu company
Automobiles

Isuzu eyes 50% growth in sales this fiscal

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 […]

volvo company
Automobiles

Volvo Cars Eyes Smaller Cities to Boost Sales

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 […]

maruti auto
Automobiles

Maruti Suzuki Dzire crosses 3 lakh sales mark

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 […]

ford symbol
Automobiles

Ford to cut global workforce

On July 25, Ford announced that a revamping of the company’s operations could result in one-time charges of $11 billion over the next three to five years. Washington: US automaker Ford — which announced a major restructuring in July — unveiled plans Friday to reduce its workforce worldwide, without specifying the extent of the plan. “We are in the early […]

ford auto
Automobiles

Ford revenue up 20% on higher local sourcing

Including exports, the local unit of American automaker Ford Motor posted Rs 23,120 crore revenue last fiscal year, 11% more than the year before when it was Rs 21,000 crore. As much as Rs 16,320 crore of its 2017-18 revenue came from exports. Ford Motor’s revenue from selling vehicles in the Indian market rose 20% to Rs 6,800 crore in […]

bmw sport
Automobiles

BMW profit outlook to slow Indian suppliers run

BMW has now joined Daimler, the maker of Mercedes cars, in reducing its profit outlook. Mercedes and BMW appear to be slowing down because of the mushrooming speed bumps on the global trade superhighway, and a group of Indian companies supplying key components to the luxury carmakers are feeling the effects. Motherson Sumi, Varroc Engineering, and Endurance Technologies count the […]

ford car
Automobiles

Ford to stop building Focus cars in Argentina in 2019

Once one of Ford’s most popular models, the Focus will no longer be built in the Americas after 2019, although it is expected to continue in production in China and Europe, where redesigned versions were just introduced. DETROIT, – Ford Motor Co said on Monday it plans to stop building its Focus compact cars in Argentina in May 2019 as […]

mazda
Automobiles

Mazda aims for all of its vehicles to be electric hybrid by 2030

The Japanese automaker joins a growing number of global automakers who are planning to reduce emissions by producing more gasoline-hybrid vehicles, plug-in hybrids and battery EVs. Mazda aims for all of its vehicles to be electric hybrid, EVs by 2030 The Japanese automaker joins a growing number of global automakers who are planning to reduce emissions by producing more gasoline-hybrid […]

MAN trailer
Automobiles

MAN Trucks India dealers to move court seeking compensation

MAN Trucks in August had conveyed to dealers via an email of its decision to exit from India. A group of dealers of Volkswagen’s MAN Truck & Bus unit are planning to move court seeking compensation after the German truck maker decided to exit the Indian market, president of the Federation of Automobile Dealers Association said. “The dealers of MAN […]

lambogini
Automobiles

Lamborghini upbeat on India play despite headwinds

Italian sports car maker Lamborghini is likely to more than double its volumes in India by the end of 2019 Led by a strong response to its first super sports utility vehicle Urus, Italian sports car maker Lamborghini is likely to more than double its volumes in India by the end of 2019, a year ahead of its plan, and […]