In the months leading up to the announcement, Musk pledged that Tesla will become profitable by the third quarter of this year
Commenting on the launch, BMW Group India President Vikram Pawah said,"With the launch of the all-new BMW X3 xDrive30i, now our customers can also experience unadulterated driving pleasure in a refined petrol engine option."
Honda has already kick-started the 2018 motorsports season with IDEMITSU Honda Racing India by T Pro Ten10 competing at the Asia Road Racing Championship (ARRC).
In an interview with CNBC, Khosrowshahi said the company was on track to go public as “they are in a good position in terms of the company’s profile, in terms of profitability and margins continue to get better.”
The partnership values Cruise at $11.5 billion, a figure exceeding some analyst targets.
Royal Enfield, the motorcycle arm of Eicher Motors, sells mid-sized motorcycles both in India and overseas markets.
"At a conservative estimate, the industry is expected to grow by 8-10 per cent this financial year. The growth is highly dependent on the monsoon pattern," Shubhabrata Saha, chief of operations (farm equipment division) of Mahindra said.
Maruti Suzuki posted its best-ever wholesales in April in the domestic market
Ford India's domestic sales stood at 7,428 units in April as against 7,618 units in the year-ago month, down 2.49 percent.
The company has reduced the price of GSX-R1000R by Rs 2.2 lakh to Rs 19.8 lakh.
Sensors in the car automatically transmit its location, the exact time and direction it was headed in when the accident happens.
The proposed price increase is said to be effective by April 1, 2018
The company also said india should be clear about what kind of technology it wants.
Trump threatened to tax European-made cars if they retaliated against the aluminum and steel tariffs with their own taxes on US imports.
Termed as race edition 2.0, the motorcycle's A-RT slipper clutch technology accentuates its performance, with 22 per cent reduction in clutch force for quicker upshifts enabling better lap times, the company said in a statement.
Speaking to PTI on the sidelines of Geneva Motor Show here, Tata Motors CEO and MD Guenter Butschek said the company's new products would be based on two architectures--OMEGA (Optimal Modular Efficient Global Advanced) and ALFA (Agile Light Advanced Architecture).
S N Barman, Vice-President Sales, Passenger Vehicle Business Unit, told reporters that Zest Premio was equipped with 13 new features, including dual tone roof in glossy black, smoked multi-reflector headlamps, dual tone bumpers and an optional piano black spoiler.
Built on a modified OMEGA (Optimal Modular Efficient Global Advanced) EV architecture, the 'E-Vision Sedan Concept' is capable of attaining a top speed of 200 km/hr. It can also race to 0-100 km/hr in less than 7 seconds, the company claimed.
The company's domestic sales stood at 1,37,900 units, up 14.2 per cent from 1,20,735 units in February 2017, MSI said in a statement. Sales of mini segment cars, including Alto and WagonR, witnessed a 2.1 per cent rise to 33,789 units during the month under review from 33,079 units in February 2017, MSI said.
The Mercedes-Benz S 350 diesel is priced at Rs 1.33 crore, while the petrol version, S 450, is priced at Rs 1.37 crore, the company said in New Delhi.
Record sales of some 10.74 million vehicles worldwide helped the group based in Wolfsburg, Germany to boost revenues 6.2 per cent year-on-year, to 230.7 billion euros.
No current members of the Audi board are in prosecutors' sights, the investigators said.
The plant spread over 23 million square feet will have a capacity to produce 3 lakh car annually and employ around 3,000 when fully operational.
The company said afterwards it will increase prices in a phased manner to lower the overall impact of the customs duty hike over a period of time.
The all new Audi Q5 was launched in India on January 18, priced at Rs 53.25 lakh.