TECHNOLOGY
Volvo starts assembly in Bengaluru, aims to double share to 10% by 2020 via new launches
Volvo plans to launch the XC60 followed by the compact SUV XC40 in India
TECHNOLOGY
Luxury car sales in the 9 months to September hit high gear despite cess setback
Mercedes-Benz, the country’s largest luxury car maker, ended September with the best-ever growth with sales with volumes rising 41 percent
BUSINESS
We will lose money on every electric car we supply to EESL: M&M's Pawan Goenka
Goenka declined to reveal the financial impact the company was willing to take. However, he mentioned that the M&M car was more powerful and bigger than the Tata Motors car.
BUSINESS
Bajaj Auto becomes most valuable bike-maker, pips Eicher Motors
Royal Enfield had overtaken Bajaj Auto in August after domestic and export volumes of the maker of Pulsar and Avenger bikes came under sustained pressure
BUSINESS
Upset for Royal Enfield? Union says Ducati not up for sale
The labour union representing super sports bike maker Ducati has opposed the sale of the company and has asked owner Volkswagen to retain the cult brand, which Audi had bought in 2012.
BUSINESS
As electric vehicle pitch rises in India, here's why Maruti is waiting and watching
Maruti Suzuki will continue to focus on petrol, diesel hybrid cars and may not have any immediate plans of venturing into electric vehicles
BUSINESS
This week in Auto: Tata Motors pips M&M to win govt's electric vehicles contract; JSW Energy joins EV bandwagon
Here is a list of the crucial developments in the automotive space.
TECHNOLOGY
Nissan moves India MD to advisory role, reshuffles two more portfolios
The latest shake-up in roles is believed to be aimed at putting the company back on growth path.
BUSINESS
Drones for soil mapping? Mahindra says why not
The Mumbai-based company is in talks with the government seeking approval to make drones a part of farming methods, says Pawan Goenka, managing director, M&M
TECHNOLOGY
This week in Auto: Tata launches Nexon, Mahindra-Ford explore partnership
Here is the list of all the important developments of the week from the automotive world
BUSINESS
Ashok Leyland to invest Rs 400 cr on mini trucks, launch new platform
These launches will happen in the white space of 3.5-7 tonne category for which work has already reached multiple stages, a top company official said today
BUSINESS
Tata Motors MD Guenter Butschek explains why the company is scouting for partners
The partnership of Tata Motors, Volkswagen and Skoda could not materialize into something concrete because of lack of synergies in products possibilities and product DNA.
BUSINESS
M&M to acquire 2 Turkish companies for Rs 800 crore
This acquisition, which will be done through internal accruals, not only gives M&M a foothold in the Turkish tractor market but also gives access to Erkunt’s high power tractors which features air-conditioned cabin as compared to open-air tractors of M&M.
BUSINESS
M&M hopes for regulatory clearance for its ambitious autonomous tractors
The company also said that progressively such tractors will be exported to Japan and US but only after they establish themselves firmly in the Indian market which the company expects to happen in 18 months after they are launched.
BUSINESS
Here’s why the partnership is a win-win for M&M, Ford
For both the companies, it is a win-win deal as it will help both the automotive companies, which haven't made a big mark in India, garner some market share.
BUSINESS
Honda to shift focus from India if government's push for small car continues
The government hiking tax on large cars is an incentive for small car sales. This is making global companies like Honda defocus on India.
BUSINESS
Mahindra, Ford to explore alliance for product development, electric cars
Teams from both companies will collaborate and work together for a period of up to 3 years. Any further strategic cooperation between the 2 companies will be decided at the end of that period, both the companies said.
TECHNOLOGY
This week in Auto: Suzuki starts work on electric vehicle battery plant, carmakers raise prices
Here is the full list of key developments from the automotive space this week
BUSINESS
Setting aside Rs 1 Lakh for the iPhone X? For that money, here's a list of bikes you can buy
Those who wonder what that amount could buy from the automotive space here is the brief compilation of the list.
BUSINESS
Suzuki, Denso, Toshiba to invest $180 mn in Gujarat battery pack manufacturing plant
This will be India’s first lithium-ion battery manufacturing plant.
TECHNOLOGY
Despite cash ban used car market topped 3.6 million sales in 2016
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.
BUSINESS
Auto cos fear losing bus contracts as states may divert funds for farm loan waivers
More than Rs 108,000 crore have been announced as farm loan waivers by at least five state governments in the past four months, their ballooning debt notwithstanding.
TECHNOLOGY
Progress report: Automakers’ plans for introducing electric vehicles on Indian roads
Here is a look at what each of the aspirants are doing in the field of electric cars that has got everyone talking.
BUSINESS
When Tata Motors banked on Dronas & Acharyas to push truck, bus sales
Tata Motors has been under tremendous pressure with the continuous slump in demand for trucks and buses especially last two years. It lost 14 percent share in the commercial vehicle space in last five years.
