According to sources, a section of the government feels that foreign automakers are using India merely as a low-end manufacturing hub.
During the period April-October 2017, the company witnessed a 17 per cent rise in sales as compared to last year. "Honda Cars India Ltd is witnessing one of the fastest growth years in sales, backed by strong performance of our latest models Honda City and WR-V..", company Senior Vice-President, Marketing and Sales, Jnaneswar Sen said.
The German carmaker admitted in September 2015 to using software to cheat diesel emission tests in the United States and has since paid out compensation to U.S. motorists but has refused to do so in Europe.
The company's Chief Executive Hiroto Saikawa added that the suspension of its operations and improvement of the checks process was expected to take at least two weeks.
Dzire clocked 34,305 units last month, an increase of 81 percent over the same month last year
Volvo plans to launch the XC60 followed by the compact SUV XC40 in India
Mercedes-Benz, the country’s largest luxury car maker, ended September with the best-ever growth with sales with volumes rising 41 percent
The recall is the second major misconduct incident involving a Japanese automaker in as many years, after Mitsubishi Motors Corp admitted in April 2016 it had falsified the fuel economy for some of its domestic market models.
Maruti Suzuki will continue to focus on petrol, diesel hybrid cars and may not have any immediate plans of venturing into electric vehicles
The announcement came after Nissan's shares slumped in Tokyo today on reports that tests were performed by staff who were not certified to check the vehicles to Japanese government standards.
The company had sold 3,929 units in the same month last year, Volkswagen India said in a statement.
The variant -- Etios Cross X-Edition, comes with an array of new features like reverse parking camera, body colour cladding and new seat fabric. The new variant comes with both petrol and diesel powertrains.
"Nano plays an important role in our PV (passenger vehicle) strategy because it is our only product in the entry hatchback segment, which is a very important segment from a first-time buyer point of view," a Tata Motors spokesperson told PTI in an email reply.
The latest shake-up in roles is believed to be aimed at putting the company back on growth path.
The company's arm Ford Smart Mobility LLC will initiate a pilot project of its smart shuttle services involving its employees in Chennai by the end of this year.
MSI's new Dzire, which was launched in May this year, clocked sales of 26,140 units in August ahead of 21,521 units sold for Alto.
Here is the list of all the important developments of the week from the automotive world
Here is the full list of key developments from the automotive space this week
Japan's Suzuki Motor Corporation (SMC) is planning to open lithium-ion battery plant in India along with its partners Toshiba and Denso, Suzuki Chairman Osamu Suzuki announced on Thursday.
Honda Cars India (HCIL), the country’s fourth largest car maker, has raised prices of the City, BR-V and CR-V in the range of Rs 7,000 to Rs 89,000 following the hike in cess of 2-7 percent.
Average selling price of a used car is Rs 2.75 lakh. This makes the pre-owned car market valued at nearly Rs 1 lakh crore.
The Finance Ministry late last night notified the hike in quantum of cess to be levied on cars, following which the new rates came into effect. The effective GST rate on mid-size cars will be 45 per cent, and on large cars it would be 48 per cent.
Here is a look at what each of the aspirants are doing in the field of electric cars that has got everyone talking.
The GST Council on September 9 decided to hike cess on mid-sized cars by 2 percent, taking the effective GST rate to 45 percent.
"Some countries have made a timeline for when to stop the production and sales of traditional fuel cars," Xin, vice minister of the Ministry of Industry and Information Technology, was quoted as saying at an auto industry event in the city of Tianjin on Saturday.