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Auto - Cars & Jeeps News

  • Mahindra unveils 7 new vehicles under Supro brand

    Mahindra unveils 7 new vehicles under Supro brand  

    The Supro Minivan starts at Rs 4.71 lakh (ex-showroom Kolkata), while the Supro Minitruck starts at Rs 4.28 lakh (ex-showroom Kolkata).

    16 Feb 2017, 5.28 pm  |  Source: PTI

  • Maruti eyes respite from long wait for cars sold at Nexa outlets

    Maruti eyes respite from long wait for cars sold at Nexa outlets  

    The company currently sells three cars through its Nexa showrooms – hatchback Baleno, urban compact vehicle Ignis and cross-over S-Cross.

    16 Feb 2017, 1.35 pm  |  Source: Moneycontrol.com

  • M&M to hike truck output,sets up Delhi-Mumbai service corridor

    M&M to hike truck output,sets up Delhi-Mumbai service corridor  

    The company, which today introduced a service support initiative for its commercial vehicles on the Delhi-Mumbai service corridor, will sell trucks only under the Blazo range once the BS IV emission norms kick in from April 1 this...

    15 Feb 2017, 3.18 pm  |  Source: PTI

  • M&M and Boeing in talks to manufacture jets for Indian Air Force

    M&M and Boeing in talks to manufacture jets for Indian Air Force   

    M&M and Boeing are in talks to plan to jointly manufacture twin-engine fighter aircraft in India if Boeing wins the bidding process for the defence sector. The two companies may expand their existing partnership in India to manufa...

    14 Feb 2017, 4.38 pm  |  Source: CNBC-TV18

  • M&M to launch two new UVs to regain market share from rivals

    M&M to launch two new UVs to regain market share from rivals  

    The Mumbai-based company will launch a multi-utility vehicle codenamed U321 before the end of next financial year preceded by sport utility vehicle codenamed S201 in the second half of the year.

    14 Feb 2017, 1.43 pm  |  Source: Moneycontrol.com

  • Can the Ambassador be India`s answer to VW Beetle & BMW Mini?

    Can the Ambassador be India's answer to VW Beetle & BMW Mini?  

    With a legacy built on decades of trust, the Ambassador — or 'Amby' as it is affectionately called — might just become the brand that could tread the route taken by the iconic Mini, Beetle and Fiat models.

    13 Feb 2017, 8.10 pm  |  Source: Moneycontrol.com

  • Peugeot buys Ambassador: How India`s iconic car fell from glory

    Peugeot buys Ambassador: How India's iconic car fell from glory  

    For more than half a century, the Ambassador was the most recognized car of the country becoming the stately carriage of the prime minister and cab-drivers alike.

    11 Feb 2017, 3.10 pm  |  Source: Moneycontrol.com

  • Peugeot buys `Ambassador` for Rs 80cr, few facts you should know

    Peugeot buys 'Ambassador' for Rs 80cr, few facts you should know  

    Ambassador, the car which once signified opulence, a sign of prosperity, and power, is changing hands. European auto major Peugeot Friday signed a deal with Hindustan Motors to buy out the brand for Rs 80 crore.

    11 Feb 2017, 1.36 pm  |  Source: Moneycontrol.com

  • Mahindra to invest Rs 1,500 cr in Nasik, Igatpuri plants

    Mahindra to invest Rs 1,500 cr in Nasik, Igatpuri plants  

    Homegrown auto major Mahindra & Mahindra today said it will invest Rs 1,500 crore at its Nasik and Igatpuri plants in Maharashtra for development of a new product codenamed 'U321'.

    10 Feb 2017, 5.24 pm  |  Source: PTI

  • M&M to invest Rs 1,500 crore in two Maharashtra plants

    M&M to invest Rs 1,500 crore in two Maharashtra plants  

    Tractor and utility vehicle market leader Mahindra & Mahindra said on Friday that it will invest Rs 1,500 crore at its Nashik and Igatpuri plants to enhance production capacity.

    10 Feb 2017, 4.06 pm  |  Source: Moneycontrol.com

  • M&M Q3 profit dips 6%, tractor biz helps margin beat estimates

    M&M Q3 profit dips 6%, tractor biz helps margin beat estimates   

    Auto segment's EBIT (earnings before interest and tax) margin contracted by 320 basis points year-on-year to 7.1 percent while tractor business margin expanded by 199 basis points to 17.42 percent in the quarter ended December 201...

    10 Feb 2017, 2.19 pm  |  Source: Moneycontrol.com

  • PV sales surge in India as demonetisation impact recedes

    PV sales surge in India as demonetisation impact recedes  

    However, with two-wheeler sales still continuing to be in the negative zone, the overall sales across categories registered a decline of 4.71 percent to 16,20,045 units from 17,00,141 units in January 2016.

    10 Feb 2017, 9.46 am  |  Source: PTI

  • MSI contributes 50% of Suzuki Motor`s global sales

    MSI contributes 50% of Suzuki Motor's global sales  

    During the first nine months of the fiscal, Suzuki Motor Corporation (SMC) said its automobile sales in India stood at 10.61 lakh units, while its overall global sales were at 20.83 lakh units at 50.93 percent.

    07 Feb 2017, 9.42 am  |  Source: PTI

  • Maruti seen biggest gainer in Toyota-Suzuki mega deal

    Maruti seen biggest gainer in Toyota-Suzuki mega deal  

    Suzuki Motor Corporation’s India outfit Maruti Suzuki which has a 50 per cent share in the domestic passenger vehicle market, will become the biggest beneficiary of this mega deal.

    06 Feb 2017, 1.40 pm  |  Source: Moneycontrol.com

  • Compact UVs drive PV sales as demand drops for cars: Ind-Ra

    Compact UVs drive PV sales as demand drops for cars: Ind-Ra  

    According to a report by India Ratings and Research (Ind-Ra), during the April to December period of current fiscal, UV volumes grew by 33 percent as compared with a mere 2.5 percent for cars, while the overall growth rate for pas...

    06 Feb 2017, 8.56 am  |  Source: PTI

  • Mahindra recalls Bolero Maxi Truck Plus model in India

    Mahindra recalls Bolero Maxi Truck Plus model in India  

    The Mumbai-based company has announced a "proactive inspection" of a fluid hose on Bolero Maxi Truck Plus vehicles, manufactured in September and October 2016, M&M said in a regulatory filing.

    04 Feb 2017, 6.26 pm  |  Source: PTI

  • Why Mahindra`s MD thinks 2017 will be the year of electrics

    Why Mahindra's MD thinks 2017 will be the year of electrics  

    From Rs 122.9 crore allotted last year the government has set aside Rs 175 crore as subsidy to be given this year for purchase of hybrid and electric vehicles, a rise of 43%

    03 Feb 2017, 11.11 am  |  Source: Moneycontrol.com

  • Motown nixes `demon` effect, big auto cos in top gear (Analysis)

    Motown nixes 'demon' effect, big auto cos in top gear (Analysis)  

    In the immediate aftermath of demonetisation -- often called a surgical strike on black money -- every performance parameter of India Inc was checked for trauma. Nearly 90 days after the cash ban came into effect, with remonetisat...

    02 Feb 2017, 4.11 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-18: Make in India push seems to have died down, says Pawan Goenka

    Union Budget 2017-18: Make in India push seems to have died down, says Pawan Goenka   

    Pawan Goenka did show his dissapointment on one aspect, and that was the concept of Make in India. He says that although the topic of Make In India was very hot in India two years ago, the government's enthusiasm towards this init...

    01 Feb 2017, 9.25 pm  |  Source: CNBC-TV18

  • Union Budget 2017-18: Continuation of past policies, says M&M boss Pawan Goenka

    Union Budget 2017-18: Continuation of past policies, says M&M boss Pawan Goenka  

    There was a holding back of any major buying by the people. Now that budget is out of the way people will get on with the business, said Goenka

    01 Feb 2017, 7.07 pm  |  Source: Moneycontrol.com

  • Mahindra sales down 10% at 39,303 units in January

    Mahindra sales down 10% at 39,303 units in January  

    The company had sold 43,789 units in the same month last year, M&M statement said.

    01 Feb 2017, 4.40 pm  |  Source: PTI

  • Maruti Suzuki sales grow 27% in Jan

    Maruti Suzuki sales grow 27% in Jan  

    Demonetisation notwithstanding car market leader Maruti Suzuki started the year on a robust note with sales growing 27.1 percent in January

    01 Feb 2017, 10.30 am  |  Source: Moneycontrol.com

  • Maruti Suzuki to double Nexa outlets by 2020

    Maruti Suzuki to double Nexa outlets by 2020  

    Fuelled by growing demand, the country's largest carmaker Maruti Suzuki India (MSI) plans to double the number of Nexa outlets to 400 by 2020.

    30 Jan 2017, 8.58 pm  |  Source: PTI

  • Mahindra rolls out upgraded KUV100 at Rs 6.37 lakh

    Mahindra rolls out upgraded KUV100 at Rs 6.37 lakh  

    The KUV100 price starts at 4.58 lakh and its new avatar will be available on the top end K8 variant for Rs 6.37 lakh, at a differential of Rs 13,000 only, the Mumbai-based company said in a statement.

    30 Jan 2017, 3.38 pm  |  Source: PTI

  • Maruti`s sales show the middle class unfazed by demonetisation

    Maruti's sales show the middle class unfazed by demonetisation  

    Maruti, the country’s top carmaker with a market share of close to 51 percent, clocked volume growth of 3.5 percent in the October-December 2016 quarter, well ahead of industry growth of 1.8 percent.

    30 Jan 2017, 2.33 pm  |  Source: Moneycontrol.com

  • Maruti hikes prices by up to Rs 8,014 with immediate effect

    Maruti hikes prices by up to Rs 8,014 with immediate effect  

    The price hike is in the range of Rs 1,500 to Rs 8,014 (ex-showroom Delhi) across models, Maruti Suzuki India (MSI) said in a statement.

    27 Jan 2017, 5.34 pm  |  Source: PTI

  • Maruti Suzuki expands WagonR portfolio; launches VXi+ variant

    Maruti Suzuki expands WagonR portfolio; launches VXi+ variant  

    The latest variant VXi+ comes with both automatic and manual transmissions. The manual trims are priced at Rs 4.69 lakh and Rs 4.89 lakh while the auto gear shift (AGS) versions are tagged at Rs 5.17 lakh and Rs 5.36 lakh.

    27 Jan 2017, 3.28 pm  |  Source: PTI

  • Maruti Q3 profit jumps 47% to Rs 1744 cr on other income boost

    Maruti Q3 profit jumps 47% to Rs 1744 cr on other income boost  

    Maruti Suzuki's third quarter profit increased 47.5 percent to Rs 1,744.5 crore and revenue rose 12.4 percent to Rs 16,623.6 crore compared with year-ago period.

    25 Jan 2017, 1.09 pm  |  Source: Moneycontrol.com

  • Amtek Auto asset sale finds no takers; Brexit, valuations weigh

    Amtek Auto asset sale finds no takers; Brexit, valuations weigh  

    Brexit, steep valuations and an unfavourable sale method adopted by debt-ridden Amtek Auto have become the main reasons behind the company’s unsuccessful bids to sell Tekfor, its German division.

    23 Jan 2017, 12.37 pm  |  Source: Moneycontrol.com

  • M&M acquires Turkish farm equipment co Hisarlar for Rs 127 crore

    M&M acquires Turkish farm equipment co Hisarlar for Rs 127 crore  

    The all-cash deal is expected to be completed in three months, M&M informed the bourses in a statement. M&M will acquire 1.42 billion shares of the Turkish company.

    20 Jan 2017, 10.39 am  |  Source: Moneycontrol.com

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