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Auto - Cars & Jeeps News

  • Maruti continues to rule passenger vehicles segment

    Maruti continues to rule passenger vehicles segment   

    Maruti Suzuki India has maintained its leadership position in the country's passenger vehicle (PV) market in July with seven of its models featuring in the top 10 selling brands last month, including recently launched compact SUV...

    28 Aug 2016, 2.04 pm  |  Source: PTI

  • M&M eyes 20-25% penetration for DiGiSense across India

    M&M eyes 20-25% penetration for DiGiSense across India   

    Pawan Goenka, ED, M&M also added that currently applications are more commercial in nature.

    26 Aug 2016, 2.58 pm  |  Source: CNBC-TV18

  • Mahindra aims to be full-range CV player in next 2-3 years

    Mahindra aims to be full-range CV player in next 2-3 years  

    Home-grown auto major Mahindra & Mahindra plans to enter new segments of commercial vehicles as it aims to be a full-range player in the said category in the next three years.

    14 Aug 2016, 1.52 pm  |  Source: PTI

  • M&M recalls SUV Rexton to rectify faulty rear driveshaft

    M&M recalls SUV Rexton to rectify faulty rear driveshaft  

    Mahindra & Mahindra is recalling in India an unspecified number of its SUV Rexton manufactured on or before September 2014 to rectify faulty rear driveshaft.

    12 Aug 2016, 9.48 pm  |  Source: PTI

  • SC relief for luxury diesel cars may not change the big picture

    SC relief for luxury diesel cars may not change the big picture  

    The narrowing of the gap between diesel and petrol prices, the December 2015 ruling by the Supreme Court banning registration of luxury diesel cars in the National Capital Region, and the NGT's order in April 2015 seeking a ban on...

    12 Aug 2016, 6.50 pm  |  Source: Moneycontrol.com

  • SC lifts ban on registration of luxury diesel cars in NCR

    SC lifts ban on registration of luxury diesel cars in NCR   

    In a relief to automotive industry, the Supreme Court on Friday lifted the ban on registration of diesel cars in the National Capital Region, subject to a 1 percent cess paid at the time of registration.

    12 Aug 2016, 3.15 pm  |  Source: CNBC-TV18

  • Govt to spend Rs 50,000 cr on river front development: Gadkari

    Govt to spend Rs 50,000 cr on river front development: Gadkari  

    National Waterway-1 (NW-1) is being developed under the Jal Marg Vikas Project with assistance from the World Bank at an estimated cost of Rs 4,200 crore and would ensure commercial navigation of higher tonnage vessels on 1,620 km...

    12 Aug 2016, 2.14 pm  |  Source: PTI

  • Maruti plans to bring more products with hybrid technology

    Maruti plans to bring more products with hybrid technology  

    The auto major, which is facing capacity constraint, is also expediting the process to operationalise its upcoming Gujarat plant by early next year and start selling vehicles produced from the plant within this fiscal.

    11 Aug 2016, 2.40 pm  |  Source: PTI

  • Investors losing confidence as diesel cars targeted: Maruti

    Investors losing confidence as diesel cars targeted: Maruti  

    Stating that growth of the industry and creation of jobs are likely to be adversely impacted due to targeting of diesel vehicles, he said India seems to be applying "western remedies for pollution to our problem".

    11 Aug 2016, 1.58 pm  |  Source: PTI

  • Want to focus on cleaner technology and driverless cars: M&M

    Want to focus on cleaner technology and driverless cars: M&M   

    Driverless cars, shared rides and renewable energy powered vehicles. These disruptive trends could well redefine the 'future of mobility' around the world and we need to be prepared. That was Anand Mahindra's key message to shareh...

    10 Aug 2016, 9.47 pm  |  Source: CNBC-TV18

  • M&M Q1 net up 12%; volumes support revenue, auto margin shrinks

    M&M Q1 net up 12%; volumes support revenue, auto margin shrinks   

    Operating profit on standalone basis increased only 3.3 percent to Rs 1,285.54 crore but margin contracted by 112 basis points to 10.76 percent, impacted by automotive segment.

    10 Aug 2016, 1.54 pm  |  Source: Moneycontrol.com

  • Car sales rise nearly 10% in July; passenger vehicles up 17%

    Car sales rise nearly 10% in July; passenger vehicles up 17%  

    According to figures released by the Society of Indian Automobile Manufacturers (SIAM) today, motorcycle sales in the country rose 10.98 percent during the month to 8,97,092 units from 8,08,332 units in the corresponding month las...

    10 Aug 2016, 11.24 am  |  Source: PTI

  • Maruti Suzuki plans separate servicing network under Nexa chain

    Maruti Suzuki plans separate servicing network under Nexa chain  

    The company plans to add two more models to be sold from the Nexa chain -- Baleno RS and Ignis hatchback -- by the end of this year, thus taking the total number to four products.

    03 Aug 2016, 3.32 pm  |  Source: PTI

  • New safety regulations may bump up small car prices 10%: Maruti

    New safety regulations may bump up small car prices 10%: Maruti   

    In an interview RS Kalsi told CNBC-TV18 that Maruti plans to launch two new models by the end of this fiscal through its NEXA showrooms and expects this festive season to be better than last year.

    03 Aug 2016, 3.07 pm  |  Source: CNBC-TV18

  • GST a significant move, but implementation is key: India Inc

    GST a significant move, but implementation is key: India Inc   

    RC Bhargava, Chairman of Maruti Suzuki, said that the GST is a good move, but the focus should be on implementing it once the legislation is passed. Legislation on paper won’t be good unless there is implementation, he said.

    03 Aug 2016, 10.17 am  |  Source: CNBC-TV18

  • Maruti Suzuki hikes prices by up to Rs 20,000

    Maruti Suzuki hikes prices by up to Rs 20,000  

    The increase in price for the newly launched compact SUV Vitara Brezza will be Rs 20,000 while that of new premium hatchback Baleno is Rs 10,000.

    01 Aug 2016, 6.08 pm  |  Source: PTI

  • Mahindra tractor July sales up 13.53%

    Mahindra tractor July sales up 13.53%  

    Domestic tractor sales rose 15.26 percent to 16,452 units in July as against 14,273 units in the year-ago month, the company said in a BSE filing.

    01 Aug 2016, 2.22 pm  |  Source: PTI

  • M&M July auto sales grow 14% led by passenger, UV segments

    M&M July auto sales grow 14% led by passenger, UV segments  

    M&M sold 13,168 units of commercial vehicles during the month, higher by 8 percent and 4,781 units in 3-wheeler segment, up by 7 percent compared with year-ago period.

    01 Aug 2016, 1.32 pm  |  Source: Moneycontrol.com

  • July sales: Domestic biz lifts Maruti 13%; Royal Enfield up 31%

    July sales: Domestic biz lifts Maruti 13%; Royal Enfield up 31%   

    The company said domestic sales grew by 13.9 percent to 1.25 lakh units, supported by Ciaz, Baleno, Eeco and utility vehicles.

    01 Aug 2016, 10.25 am  |  Source: Moneycontrol.com

  • Carmakers against steel MIP getting an extension: Srcs

    Carmakers against steel MIP getting an extension: Srcs   

    CNBC-TV18 learns that carmakers are against the protectionist MIP on certain high-grade steel products. Infact, they have written to the steel ministry, urging them to discontinue it. They believe that if the MIP is extended, it w...

    29 Jul 2016, 3.33 pm  |  Source: Moneycontrol.com

  • CNBC-TV18 Exclusive: Maruti to relook Nexa after five years

    CNBC-TV18 Exclusive: Maruti to relook Nexa after five years   

    Speaking to CNBC-TV18, MD & CEO, Kenichi Ayukawa, Maruti Suzuki India, spoke on a range of topics. He said the Nexa initiative which sells premium cars will be evaluated after five years.

    28 Jul 2016, 8.28 pm  |  Source: CNBC-TV18

  • Nexa outlets to account for 15% sales by 2020: Maruti

    Nexa outlets to account for 15% sales by 2020: Maruti  

    Launched in July 2015, Nexa today completed one year of operations. It currently has 150 outlets across 94 cities.

    28 Jul 2016, 2.24 pm  |  Source: PTI

  • M&M incorporates Mahindra Airways as wholly-owned subsidiary

    M&M incorporates Mahindra Airways as wholly-owned subsidiary  

    "Mahindra Airways is incorporated as a wholly-owned subsidiary of Mahindra Holdings Ltd (MHL). The initial subscription by MHL into Mahindra Airways is Rs 5 lakh," the company said in a regulatory filing.

    27 Jul 2016, 9.00 pm  |  Source: PTI

  • Maruti to launch LCV Super Carry in India next month

    Maruti to launch LCV Super Carry in India next month  

    Initially, the vehicle will be sold in three cities Ahmedabad, Kolkata and Ludhiana - priced at Rs 4.03 lakh, Rs 4.11 lakh and Rs 4.01 lakh respectively, MSI said in a statement.

    27 Jul 2016, 3.18 pm  |  Source: PTI

  • Other income lifts Maruti Q1 profit 23%, revenue misses forecast

    Other income lifts Maruti Q1 profit 23%, revenue misses forecast   

    Other income in April-June quarter shot up 134 percent to Rs 483.3 crore while other expenses increased 16.2 percent to Rs 2,007.2 crore on yearly basis.

    26 Jul 2016, 2.24 pm  |  Source: Moneycontrol.com

  • Maruti planning to transport vehicles via inland waterways

    Maruti planning to transport vehicles via inland waterways  

    Maruti Suzuki India is planning to transport vehicles through inland waterways and has inked a pact with the government for this, a move that will help the country's' largest carmaker reduce its logistic costs.

    25 Jul 2016, 6.42 pm  |  Source: PTI

  • Q1 earnings to remain in focus; mkts to see volatility: Experts

    Q1 earnings to remain in focus; mkts to see volatility: Experts  

    Next batch of quarterly earnings from blue-chips Maruti Suzuki, HDFC and ICICI Bank, progress of monsoon and developments in Parliament regarding GST Bill would remain in focus for stock market this week, which is likely to see bo...

    24 Jul 2016, 2.26 pm  |  Source: PTI

  • Gurgaon gets its first water ATM, courtesy Maruti Suzuki

    Gurgaon gets its first water ATM, courtesy Maruti Suzuki  

    Maruti Suzuki India has invested around Rs 20 lakh to set up the Kasan Water ATM which is capable of supplying 1,000 litres of purified water every hour which will benefit over 10,000 villagers, said Chaudhary.

    22 Jul 2016, 7.34 am  |  Source: PTI

  • M&M launches new mild hybrid Scorpio priced upto Rs 14 lakh

    M&M launches new mild hybrid Scorpio priced upto Rs 14 lakh  

    The new version is equipped with 'Intelli-Hybrid' technology that helps reduce fuel consumption by up to 7 percent by assisting the engine with electric power during acceleration, automatically switching the engine off while the v...

    20 Jul 2016, 2.26 pm  |  Source: PTI

  • M&M`s tech, product development spend at Rs 1,938 cr in FY16

    M&M's tech, product development spend at Rs 1,938 cr in FY16  

    The company, which is betting big on innovation and aims to be among the top 50 'Most Admired' brands in the world by 2021, also filed 173 patents in 2015-16.

    20 Jul 2016, 9.12 am  |  Source: PTI

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