Harley-Davidson said it plans to shift production of motorcycles for EU destinations from the United States to its international facilities to avoid the tariff burden.
The veteran industrialist also said the country is facing insufficient investments and the current share of gross fixed capital formation to GDP is not enough to support steady-state growth of 7.5 percent to 8 percent.
There have been three different incidents in three countries where these bikes have caught fire.
Chief Executive Herbert Diess, who took over in April, has embarked on a shake-up of the corporate structure at Europe's largest carmaker to slim down the company and boost its brands.
The X1 Racing League, which is the brainchild of India's international car racers Armaan Ebrahim and Aditya Patel, is scheduled to be held in the first quarter of 2019.
"We plan to sell 600 units within the first year. To achieve this figure, our aim is to appoint 10 dealers in next one year," Lohia said.
According to the latest data from Society of Indian Automobile Manufacturers, "Maruti's Alto retained the top position in May with the sales of 21,890 units as against 23,618 units a year ago."
The company said in a statement, The Range Rover Sports SVR comes at an entry price of Rs 1.97 crore, the price tag for the Range Rover SV Autobiography ranges from Rs 3.12 crore to Rs 3.88 crore.
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.