Auto - Cars & Jeeps News

See pressure on petrol vehicles for a long time: Maruti   

29 Jun 2012, 11.00 am  |  Source: CNBC-TV18

Shashank Srivastava, executive director of Maruti says, there has been a shift in demand towards diesel. "Because of the high running cost, the petrol...

Maruti's new 800cc car to hit market later this year  

26 Jun 2012, 1.47 pm  |  Source: PTI

Maruti Suzuki India is gearing up to introduce by the end of this year a new 800cc car that is likely to be more fuel efficient, but also more expensi...

Mahindra plans to launch 3 motorcycles soon  

20 Jun 2012, 5.59 pm  |  Source: PTI

Mahindra Two Wheelers, part of the diversified Mahindra and Mahindra Group, plans to introduce three motorcycles across various segments in the coming...

Hike in export refinance limit to bridge liquidity gap: M&M   

18 Jun 2012, 2.38 pm  |  Source: CNBC-TV18

Welcoming hike ECR limit, VS Parthasarathy of M&M highlighted the dual impact of this move. "It gives two impacts, it gives liquidity and secondly it ...

Maruti says demand growth slower-than-anticipated for space   

18 Jun 2012, 1.35 pm  |  Source: CNBC-TV18

Executive director of Maruti Suzuki Shashank Srivastava says that RBI's decision to keep rates unchanged is negative for the auto sector, and that con...

Maruti to merge Suzuki Powertrain with self   

12 Jun 2012, 1.13 pm  |  Source: Moneycontrol.com

Maruti Suzuki's board has approved a proposal to merge Suzuki Powertrain India (SPIL) with the India's largest passenger car maker....

Car exports rise 34% on demand from non-European nations  

11 Jun 2012, 4.36 pm  |  Source: PTI

Passenger car exports from India increased 34.16 per cent in May, riding on the back of robust overseas sales by Hyundai Motor, Nissan Motor and Toyot...

M&M to hike XUV500 output to 5k units a month by Sept-Oct  

10 Jun 2012, 11.24 am  |  Source: PTI

Homegrown auto major Mahindra & Mahindra (M&M) will be increasing the monthly production of its hot-selling sports utility vehicle XUV500 to 5,000 uni...

US auto dealers sue M&M, allege fraud and conspiracy  

06 Jun 2012, 5.36 pm  |  Source: Moneycontrol.com

Automobile dealers from across the United States have filed a lawsuit against utility vehicle maker Mahindra & Mahindra and its U.S. arm, accusing it...

Maruti Suzuki cuts petrol car output as demand slumps  

06 Jun 2012, 3.12 pm  |  Source: Moneycontrol.com

India's largest passenger car maker, Maruti Suzuki has cut some production of its petrol cars following a slump in demand due to a sharp rise in fuel ...

Maruti cuts petrol car production due to low sales  

06 Jun 2012, 3.00 pm  |  Source: PTI

The country's largest car maker Maruti Suzuki India has cut production of some petrol models, including the best selling Alto, as sales of such cars h...

Auto industry to discuss excise hike on diesel cars: M&M   

06 Jun 2012, 2.29 pm  |  Source: CNBC-TV18

Fear of hike in excise duty on diesel cars haunts the auto industry once again. Auto manufacturers are worried about this and feel that the government...

Maruti to spend $716m on new car plant  

03 Jun 2012, 7.26 am  |  Source: Reuters

The country's top carmaker Maruti Suzuki is to invest Rs 4000 crore to set up a new manufacturing facility in Gujarat, with a capacity of up to 2 mill...

M&M performed well on strategy, not fuel prices: Nayer   

01 Jun 2012, 3.36 pm  |  Source: CNBC-TV18

Vivek Nayer, senior vice-president- marketing, automotive division, Mahindra & Mahindra explains to CNBC-TV18 that the company's performance is due to...

M&M May auto sales up 28%, tractor sales flat  

01 Jun 2012, 2.07 pm  |  Source: Moneycontrol.com

Utility vehicle maker Mahindra & Mahindra's total automobile sales in May rose 28% year-on-year to 43,988 units, helped by strong growth in its sports...

Maruti May sales slip 5% on falling mini car sales, exports  

01 Jun 2012, 10.45 am  |  Source: Moneycontrol.com

A fall in sales across its mini cars, SX4 mid-size sedan and vans, coupled with a drop in exports dragged down Maruti Suzuki sales in May 5% year-on-y...

Eyeing 5-6% growth in tractor segment during FY13: M&M   

31 May 2012, 5.09 pm  |  Source: CNBC-TV18

In an interview with CNBC-TV18, Pawan Goenka, President of Mahindra & Mahindra gives his outlook on the industry and informs about the product launche...

M&M plans Rs 5,000cr capex by FY16  

31 May 2012, 4.47 pm  |  Source: PTI

Mahindra & Mahindra today said it will launch six new models this fiscal and has planned a capital expenditure of Rs 5,000 crore for the next three ye...

Mahindra says to spend Rs 5000cr on capex  

31 May 2012, 2.46 pm  |  Source: Reuters

Mahindra & Mahindra, India's biggest utility vehicle maker, will spend Rs 5,000 crore on capital expenditure over the next three years starting 2012-1...

M&M expects tractor sales growth to slow  

31 May 2012, 2.22 pm  |  Source: Reuters

Mahindra & Mahindra, India's biggest utility vehicle maker, expects tractor sales growth in India to slow to 5-6% in 2012-13 from 10-12% forecast earl...

M&M Q4 net up 44%; names Anand Mahindra as Chairman and MD  

30 May 2012, 2.40 pm  |  Source: Moneycontrol.com

Utility vehicle maker Mahindra & Mahindra beat street expectations on Wednesday, with standalone net profit of Rs 874 crore, up 44% from a year ago, h...

Rupee fall spurs automakers to look homeward for parts  

29 May 2012, 4.42 pm  |  Source: Reuters

India's car and motorbike makers, smarting from a tumble in the rupee that has increased import costs, now have little choice but to go local when buy...

M&M to re-open XUV500 bookings next month  

28 May 2012, 3.18 pm  |  Source: PTI

Homegrown auto major Mahindra & Mahindra (M&M) today said it will re-open bookings for its model XUV500 next month and has increased output of the spo...

M&M taps Korean arm to crack China  

24 May 2012, 1.56 am  |  Source: Reuters

Mahindra & Mahindra is finding it tough to exorcise the ghosts of failed Chinese ownership at its South Korean car unit Ssangyong as it looks to push ...

Maruti hit after muted guidance from Suzuki  

10 May 2012, 3.00 pm  |  Source: Reuters

Shares in Maruti Suzuki fell 2.8% after Suzuki Motor Corp, which owns a 54.2% stake in the local unit, posted a lower-than-expected Q4 operating profi...

Hind Motors Mar '12 sales at Rs 136.40 crore  

02 May 2012, 5.57 pm  |  Source: Moneycontrol.com

Hindustan Motors has reported a sales turnover of Rs 136.40 crore and a net profit of Rs 18.01 crore for the quarter ended Mar '12...

Not products, individual brands will drive growth: M&M   

02 May 2012, 5.47 pm  |  Source: CNBC-TV18

Arun Malhotra, senior vice-president, sales & customer care, automotive division, M&M says from the industry perspective it will be a challenging year...

Maruti sales rise 3%, Tata Motors sees 7% fall in April  

02 May 2012, 8.00 am  |  Source: Moneycontrol.com

Maruti Suzuki reported a 3.4% year-on-year rise in sales in April, the fourth month in a row that the India's top passenger car maker has reported upt...

No great buoyancy in domestic market, says Maruti Suzuki   

30 Apr 2012, 10.02 am  |  Source: CNBC-TV18

Maruti Suzuki has maintained its guidance of around 10% growth in the current fiscal year, but the India's top passenger car maker feels the domestic ...

Maruti Suzuki Q4 net falls 3% YoY to Rs 640cr; beats street  

28 Apr 2012, 3.30 pm  |  Source: Moneycontrol.com

Maruti Suzuki beat street expectations Saturday as fourth quarter net profit fell lower-than-expected 3% from a year ago to Rs 640 crore, helped by a ...