Car Maker

The world’s biggest car maker wants the plant to start with capacity of 80,000-120,000 vehicles a year, which could grow to around 200,000 over time, said one of the people who has direct knowledge of the plans.

Nissan sales surge over two-fold to 6,418 units in July

"Our sales have been gaining momentum over the past few months and the trend has been encouraging. The customers have responded positively to the new Datsun redi-GO," Nissan Motor India Managing Director Arun Malhotra said in a statement.

Maruti to launch LCV in H1FY17; eyes annual sales of 30k units

While Maruti confirmed to CNBC TV18 that the proposed LCV will be launched in the first half of the current fiscal, it declined any further details.

Bentley launches first SUV in India priced at Rs 3.85 cr

The company's dealer in India, Exclusive Motors has already received confirmed bookings for the "world's fastest luxury SUV" in "three digits" and will start delivering within two weeks.

Govt to plug regulatory gaps to avert VW-like mess

The Heavy Industries Ministry is the nodal authority for implementation of the National Automotive Testing and R&D Infrastructure Project (NATRIP), under which testing and R&D centres have been set up across the country for vehicles.

Fitch threatens to downgrade VW over pollution scandal

Volkswagen, the world's biggest car maker by sales in the first half of this year, now has an A rating for its long-term debt, meaning it is deemed to be of "'high credit quality".

Asian shares tentative as global growth concerns linger

Worries that an eventual tightening in US monetary policy and slower growth in China could knock the global economy have scared off investors, particularly those invested in stocks and commodities.

Sales of AGS tech cars cross 50,000 units: Maruti Suzuki

The company had introduced the auto gear shift (AGS) technology in the country through its small car Celerio, which was launched in February 2014.

Volkswagen head faces grilling by board over diesel scandal

Martin Winterkorn is due to have his contract extended at the end of this week and has so far shown no sign of resigning over the affair, after pledging “utmost transparency” in ongoing investigations. The board must decide by Friday whether to extend the 68-year-old executive's contract.

Hyundai plans launch of 2-3 new models every year till 2020

The company, which is the second largest car maker in India, eyes 1 percent growth in its market share each year during the period.

Nissan to have 240 dealerships by March

Nissan India sells the hatchback Micra, the MUV Sunny, Terrano the SUV and the sedan apart from the hatchback Go from its Datsun stable and has a manufacturing facility in Chennai in partnership with its global partner Renault.

Nissan India sales decline 32.91% in March

Nissan sells various models in the country, including hatchback Micra, sedan Sunny and premium SUV Terrano.

Maruti aims to up dividend payout to 18-30%

According to Bhargava, Maruti has seen a better half so far with the company growing by about 17 percent since last year.

Won't hike car prices for now: Maruti Suzuki

RC Bhargava, chairman, Maruti Suzuki says the company will not hike car prices for now.

Volkswagen considers hiking prices of its products

Arvind Saxena, MD, Volkswagen Group Sales India Pvt Ltd said that rupee depreciation is impacting the margins of the company very heavily and therefore, they will have to increase their prices soon.

Ford India sales down 8% in September

Car-maker Ford India today reported 8.29 per cent decline in its total sales in September this year at 9,418 units. The company had sold a total of 10,270 units in the same month last year.

Volkswagen may raise price of Polo, Vento by up to 3%

German auto-major Volkswagen is planning to increase price of its flagship hatchback Polo and mid-size sedan Vento by up to 3% sources said.

No immediate plan for plant reopening announcement: Maruti

Maruti Suzuki , India's largest car maker, said it does not plan to announce on Monday or Tuesday any plans to reopen its plant at Manesar, which has been idle since a riot last month killed one employee.

China's charge slows on electric car ambitions

Du Mingfu is taking a nap as he waits 40 minutes or so for his electric-powered taxi, produced by Warren Buffett-backed car maker BYD, to charge in China's southern city of Shenzhen, a pioneer of the country's green vehicle push.

Maruti up on bets Ertiga model will really see 'LUV'

Maruti Suzuki has plastered India with its "Live life with LUV (Life Utility Vehicle)" adverts as it promotes its new Ertiga model, and stock investors appear to have responded in kind.

Evil eye of excise duty to impact CV demand too

CNBC-TV18’s Ronojoy Banerjee reports that at a time when total car sales have seen virtually no growth this fiscal year, it was commercial vehicles which kept the engine running with an impressive double digit growth in the past 12 months. However, manufacturers fear that the euphoria could be short-lived.

Maruti expects single digit sales growth in FY12: chairman

Maruti Suzuki, India's top car maker, expects to post single digit sales growth this fiscal year, its chairman said on Friday, adding he expects the Indian car market to revive after two to three months.

Renault to launch premium hatchback in India in 2012

French car maker Renault expects to launch a "made-for-India" premium hatchback in early 2012 to compete with the country's largest car maker Maruti Suzuki's small car Swift, a top executive said on Tuesday.

Indian car demand to grow by more than 3m by 2014: Audi

German luxury car-maker Audi expects the demand for cars to grow more than three million in India by 2014 as the demand of the growing middle-class for individual mobility continues to increase.

Volkswagen sells 8,095 units in March

Car-maker Volkswagen on Friday said it has sold 8,095 units in March, 2011 as against 987 units in the same month last year.