BUSINESS
Mahindra Electric sales dip despite govt’s clarion call for e-mobility
Mahindra Electric Mobility (formerly Mahindra Reva), a subsidiary of M&M, has seen its accumulated losses balloon up to Rs 686 crore as of March 31
BUSINESS
Flagging JLR sales dent Tata Motors m-cap; Mahindra, Bajaj Auto, Eicher zoom past
At Rs 73,300 crore, Tata Motors' market capitalisation has now slid to the fifth spot in the auto segment, owing to JLR's flagging sales in high-growth markets such as China and Europe.
BUSINESS
Suzuki wants to sell India-made products to the world, sets sights on 5 million sales from Maruti
Suzuki Motor Corporation, the parent company of Maruti Suzuki, India’s largest car maker, has called for a change in its 'way of thinking’ to achieve these targets
BUSINESS
Make in India finds a smooth ride in auto industry
Besides the developing markets of Africa, Latin America, Asia and Middle East these products made in India, are also exported to developed markets of Europe and Japan
BUSINESS
Mahindra Roxor launch: US Trade Commission launches investigation for alleged violations
The federal agency sent letters to Mahindra Automotive North America and Mahindra & Mahindra in India asking for a response within 20 days to the allegations in the complaint
BUSINESS
Eyeing export thrust, Bajaj Auto to set-up its first design centre outside India
One in three motorcycle today across the African continent is a Bajaj motorcycle, says Rajiv Bajaj, Managing Director, Bajaj Auto
BUSINESS
This week in Auto: PM Modi wants to develop India as a hub for EVs, Mahindra Marazzo makes its debut
Here is a list of all the important developments in the automotive world
BUSINESS
Maruti Suzuki to road-test 50 electric vehicles in India from October
We will start road testing 50 electric vehicles in India from next month for developing easy-to-drive vehicles in Indian traffic conditions
BUSINESS
Car makers cheer as govt plans hike in CNG footprint
Oil Minister Dharmendra Pradhan said that come 2030 at least 10,000 CNG filling stations will be operational throughout the country
BUSINESS
Ratan Tata exits Ampere Vehicles, earns 2 times on investment
Ratan Tata had invested about Rs 3 crore in Ampere in his personal capacity in mid-2015
BUSINESS
With car market set to triple by 2030, Maruti MD calls for auto hubs across India
Auto companies and auto component manufacturers currently manufacture in select hubs across India. That will have to change, according to Maruti chief Kenichi Ayukawa.
BUSINESS
Methanol-powered buses to ply on Pune-Mumbai route on a pilot basis: Nitin Gadkari
German auto giant Mercedes-Benz has reportedly agreed to supply 20 methanol-fuelled buses to be run in Assam and Maharashtra
BUSINESS
Electric Nano secures Rs 1.24 lakh in govt subsidy, TVS' three-wheeler also on list
Jayem Neo will most likely make its debut under a commercial agreement the company has with cab aggregator Ola
BUSINESS
Mahindra Marazzo to debut today, will take on Maruti Ertiga
Marazzo is built on a completely new platform and is first of the three launches of the year committed by M&M
BUSINESS
Auto wrap: Delhi govt issues guidelines for vehicle scrapping, vehicle makers secure future supplies through tie-ups
Here's a roundup of all the important developments in the auto sector
BUSINESS
Insurance premium hike to hit bike demand more than car
Market watchers say that these hikes do not include 18 percent GST, which would further push up prices
BUSINESS
Fiat wants US court to reject Mahindra’s counter claim on copyright infringement
M&M has filed a complaint in a Michigan federal court where it included quoting a 2009 agreement with Fiat that allows M&M to use the copyrighted designs.
BUSINESS
Ginger Hotels to don new avatar as Taj Group battles losses
IHCL will re-position Ginger as a mid-scale brand with never seen before facilities such as banquet hall, 24X7 food and beverage
BUSINESS
This week in Auto: Kerala floods wipe out new car stock, e-cars get a second boost from Modi govt
Here's a look at all the important development on the auto space in the week
BUSINESS
Tyre companies to feel margin squeeze following Kerala floods
Kerala accounts for 85-90 percent of domestic natural rubber supply which makes up 65 percent of the total rubber consumption in the country
BUSINESS
Fiat Chrysler to roll out new products under Jeep brand for India in 2022
A compact SUV and a three-row mid-size SUV will be launched in 2022.
BUSINESS
Kerala floods: Car inventory worth Rs 1,000 crore sinks across dealerships
Around 17,500 cars across the state are estimated to have suffered the impact spread over 350 dealerships
BUSINESS
Bharat Forge lines up Rs 1,250 crore capex for FY19 & FY20
The Kalyani Group-controlled company will incur Rs 500 crore capex in FY19 and about Rs 350 crore in FY20
BUSINESS
Mitsubishi to roll out Jeep Compass competitor in 2020
The Eclipse is one of the first models to be developed by the Renault-Nissan alliance which Mitsubishi became a part of in 2016 when Nissan bought a 34 percent stake in Mitsubishi.
