BUSINESS
TVS Motors plans Rs 500 cr investment in ops this year, new launches
The capital expenditure earmarked for this year is higher than the previous years as the company gears up to build on its strengths, which is scooters and its partnership with German giant BMW for premium motorcycles.
BUSINESS
This week in Auto: June sales fell sharpest in four years, new appointment at Nissan
Here are some of the top auto stories of the week
BUSINESS
Stricter BS-VI laws could make the ride bumpy for diesel rickshaws, micro vans
Such vehicles, which use single-cylinder diesel engines, cannot meet the emission standards under BS-VI, which are much stricter than the current BS-IV
BUSINESS
Auto sector expected to report mixed bag of earnings in Q1
Passenger vehicles and two-wheelers saw a small growth in volumes due to new launches and wedding season rush, but commercial vehicles continued to struggle with BS-IV implementation and slow economic growth
BUSINESS
Competition for Ola, Uber as TYGR launches in Mumbai – will it roar?
TYGR does not intermediate payments and customers can pay directly as per their preferred method such as meter, fixed rate, cards and even negotiate price.
BUSINESS
Former Skoda India head Thomas Kuehl appointed Nissan India President
Kuehl, who was formerly the chief executive and president of Volkswagen Korea, will be responsible for both Nissan and Datsun brands and will head all operations in India including marketing and sales, manufacturing and research and development.
BUSINESS
GST Impact: Alto, Dzire, among top car models that saw fall in June sales
Five of the ten best-selling cars reported a fall, while the remaining five reported a healthy double digit jump in sales. These top ten models control 55 percent of India’s domestic sales
BUSINESS
India trumps Germany, UK to become the fourth largest auto market in the world
India sold more automobiles than Brazil and South Korea put together beating even Germany and the UK to emerge as the world’s fourth largest vehicle market
BUSINESS
M&M’s loss-making 2-wheeler division drags consolidated performance
A loss of Rs 692 crore posted in 2016-17 by the two-wheeler division, which got merged into M&M last year, was the biggest loss-making division out of the 164 subsidiary and associate companies that M&M has.
BUSINESS
This week in auto: Price cuts galore, new offerings from Mercedes and Kawasaki
In case you missed it, here's a round-up of the top auto stories of the week.
BUSINESS
Honda hopes to Cliq well & give Hero’s Splendor a good run for its money
The Cliq plays on the strength of Honda - scooters - to take on the motorcycle market leader Hero Splendor
BUSINESS
Despite dropping prices after GST, car manufacturers yet to see buyers
The ‘last hour’ purchases done on the night on June 30 before dealers switched to GST seemed to have sucked out retail demand for this week and next, believe manufacturers.
BUSINESS
When Anand Mahindra stood up for M&M’s utility vehicle biz despite falling mkt share
"I have gone through many cycles where at every given point in time there is somebody telling me to get out of some business," said Anand Mahindra in an analyst call.
BUSINESS
Ratan Tata: Artificial intelligence to eliminate human inputs, impact jobs
The Tata patriarch also highlighted that group companies will have to reinvent themselves to the changing times even as new-age intelligence of the future would in some way replicate human thinking.
BUSINESS
GST to put a few organised used-car dealers out of business
Goods and Services Tax may have made new cars more affordable but it will increase the prices of used cars, boost the unorganised market and wipe out smaller players from the organised segment.
BUSINESS
This week in Auto: Tata-VW stare at break up, GST pulls down prices
GST, Tata Motors-Volkswagen, SAIC or Bajaj new launch. All the news about the week gone by
BUSINESS
GST impact: Full list of cars, bikes that will become cheaper from July 1
Buying cars and two-wheelers will be a much cheaper affair from tomorrow as Goods and Services Tax (GST) will ring in a lower tax than all the taxes applied before.
BUSINESS
Tata Motors joins hands with group companies to improve customer service
From 48 hours earlier Tata Motors managed to cut down service time to 24 hours for at least 85 percent of its service demands.
BUSINESS
Synergy benefits out of sight! Tata Motors, Volkswagen likely to call off tie up
The tripartite venture between Tata Motors, Volkswagen and Skoda could not generate ‘any sizeable benefit’ for the companies involved.
BUSINESS
China's SAIC finalises plans to set up car factory in India
SAIC will debut the British brand MG (Morris Garages), which it had bought some years ago.
BUSINESS
Volkswagen's truck making companies, MAN and Scania join forces to crack India CV market
Volkswagen's MAN and Scania are fighting for customers at premium end of the segment which is where Tata Motors made in-roads a few years ago with the Prima range.
BUSINESS
This week in Auto: Harley enters race to buy Ducati, Honda launches its cheapest scooter
Italian bike brand Ducati saw new suitors lining up for a potential buy-out while closer home Japanese bike giant Honda launched the most affordable scooter.
BUSINESS
Honda set to slash prices for Activa & Unicorn by 3-5% after July 1
Honda prices are expected to go down by of 3-5% from July 1 with the adoption of GST. Hero, TVS Motors, Yamaha and Suzuki are also expected to join the bandwagon on July 1.
BUSINESS
This week in auto: GST brings sky-high discounts, new head for Tata Motors' CV unit
Everything you need to know to bring you up to speed with the world of auto.
