BUSINESS
This week in Auto: Maruti to switch off diesel engines, Yamaha to revamp India play
Maruti Suzuki will phase out all models with diesel engines less than 1.5 litres in view of the Bharat Stage VI emission norms kicking in from April 1, 2020.
BUSINESS
Maruti Suzuki’s planned diesel phase-out leaves dealers worried about margins
Though enquiries for diesel models are struggling to convert into actual sales, dealers stand to miss out on the higher margin offered
BUSINESS
Yamaha looks to revamp India play with new scooters, sports bikes
The Japanese two-wheeler brand is desperate to revamp its presence in India given its consistent lacklustre performance during the past several years
BUSINESS
In Pics: Honda CBR650R launched at Rs 7.7 lakh
CBR650R further strengthens the model line up to be sold and serviced under Honda BigWing
BUSINESS
FAME-II subsidy: Carmakers voice resent over exclusion of private vehicles
FAME-II does not provide incentives to private car buyers unlike FAME-I, where buyers benefited from a direct subsidy of Rs 1.38 lakh
BUSINESS
This week in Auto: Hyundai unveils new SUV, Bajaj launches Qute
Here’s a list of all the major development in the automotive space of the week
BUSINESS
DHL to add 10,000 trucks in India, bullish on growth prospects
The company entered the e-commerce solutions market last year and has added 745 trucks since then.
BUSINESS
Renault not in hurry to launch electric vehicles in India
Renault has multiple EV programs in progress for several countries including China.
BUSINESS
Honda CB300R India quota sold out, but bookings still open
Bookings for the bike, which costs Rs 2.41 lakh, swelled to 500 units within two months of the launch
BUSINESS
Renault bets on new launches to revive fortunes in Indian market
Renault will launch four products, including two all-new models, over a course of 15-18 months to resurrect its India operations.
BUSINESS
Two-wheeler production falls to its worst in five quarters
Increased insurance and product costs, tightened lending norms, high fuel prices, poor sentiments and demand saturation in certain segments such as scooters have affected retail off-take of two-wheelers.
BUSINESS
This week in Auto: PV sales slowest in 4 years; Can Ford give up India ops?
Here’s a rundown of all the major developments in the auto space this week
BUSINESS
Tech-based logistics start-up DOT looking for $25mn fund raising
These funds would be used by the company, which is valued at $75-80 million, to expand operations not just in India but in North America, Asia and the Far East as well.
BUSINESS
Greaves Cotton rolls out lithium ion e-scooters; CNG engines with 25% more mileage up next
Greaves will provide the technology for Ampere’s battery-powered scooters that are ready to hit the market this month. Ampere was using the old generation lead-acid battery technology since its formation 10 years ago.
BUSINESS
Sahara Hotels plans to set up three properties, expand Mumbai hotel
A part of the group's existing land bank could be tapped to set-up these properties.
BUSINESS
This week in Auto: Sales sputter in FY19, companies reappoint directors well past their retirement age
Here’s a complete of the main developments in the automotive space during the week.
BUSINESS
Radisson to launch Radisson Red in India, company bullish about growth
For the US-based hospitality group, India is the second most important market.
BUSINESS
Here’s why the PSA Group chose lesser known Citroen over Peugeot for India comeback
Forgetting the past and wanting to start afresh from scratch, Peugeot decided to move ahead with Citroen to woo the Indian buyer
BUSINESS
Our cars will be value for money: Citroen CEO Linda Jackson
"Launching the C5 is all about building the brand because people do not know about the Citroen brand in India," said Linda.
BUSINESS
Peugeot Citroen to make India debut with SUV in 2020, plans one new launch every year
All new models after 2020 will be made and launched in India before being introduced in other parts of the world.
BUSINESS
Weekly wrap: Bajaj Auto rejigs top deck; JSW Energy mysteriously exits electric vehicle business
Here's the weekly wrap of all the important development in the automotive space during the week
BUSINESS
Kenichi Ayukawa - Maruti Suzuki's go-to-man in crisis
The board of MSIL, which agreed to hand over a third term to Ayukawa, on March 27 reposed faith in the sales and marketing veteran as Maruti Suzuki prepares to face its toughest challenge in decades.
BUSINESS
Costa Cruises to induct new ship in Mumbai after demand soars
Following growing demand from the domestic market, Costa will be replacing the neoRiviera with an even bigger ship - Costa Victoria - in the upcoming season, which will kick off in November.
BUSINESS
Exclusive: Bajaj Auto rejigs top deck, appoints new heads of verticals
This is the third major reshuffle at Bajaj Auto in five years.
