Retail volumes fell 9.4% in June from a month ago and the average time a car stayed in a showroom rose to about 55 days
MG Motor India, M&M, Hyundai, Honda, Tata Motors and Toyota Kirloskar Motor are among the carmakers betting on the growing market of a tech savvy and safety conscious Indian consumer, estimated to rise to $9.98 billion by 2032 from $2.12 billion now
The automobile industry is pouring more than $1 trillion into a revolutionary shift from combustion engines to electric vehicles guided by software. From Detroit to Shanghai, automakers and government policymakers have embraced the promise of electric vehicles to provide cleaner, safer transportation
Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get creative to cope with the global shortage of semiconductors.
The upward trajectory may not, however, be a smooth one as seen by stuttering auto retail sales in October and November
Vaibhavi Khanwalkar talks with Swaraj Baggonkar about India reaching the top spot in car manufacturing and its potential future.
There are around 15 million diesel vehicles on German streets and environmental groups say levels of particulates exceed the EU threshold in at least 90 German towns and cities.
It's the first day of the Geneva Motor Show and new launches from global car-makers have been coming in thick and fast. On this special episode watch snippets of the interviews with various heads of auto companies.
million to Algeria. Besides, PVs worth USD 158 million were exported to Sri Lanka. UK shipments accounted for USD 335 million.
Volkswagen is the biggest of Germany's car makers and one of the country's largest employers, with more than 270,000 jobs in its home country and even more working for suppliers.
It can be noted that most of the mass marketers like small car and bike makers, FMCG companies, whitegoods makers and tractor makers, among others, have all been reporting steady declines in rural sales for many months now.
Germans need to overcome their traditional fear of the large-scale collection of personal data by companies and instead embrace its opportunities or risk being marginalised in the global economy, Chancellor Angela Merkel said on Tuesday.
Car makers such as Mercedes and General Motors Co as well as technology giants like Google Inc and Apple Inc are already developing driverless vehicles which can complete whole journeys without human input.
Honda Siel Cars India, Volkswagen India, Fiat India Automobiles, BMW India, Ford India, General Motors India, Hindustan Motors, Mahindra & Mahindra, Mercedes-Benz India, Nissan Motor India, Skoda Auto India and Toyota Kirloskar Motor have also been penalised.
The Bureau of Energy Efficiency has issued stringent fuel emission norms. Car makers will have to meet mileage and emission standards that are set by Bureau of Energy Efficiency, reports CNBC-TV18.
Foreign companies showing cars at the Delhi auto show, starting on Wednesday, have already poured billions of dollars into factories, product development and marketing in India's once-booming car market.
In an exception to the trend, Honda Cars India and Ford, however, reported increase in sales during the month riding on their successful models Amaze and EcoSport respectively.
The manufacturer of India‘s cheapest car Nano, Tata Motors has decided to restructure its passenger vehicle business in backdrop falling sales and consumer demand, reports CNBC-TV18 quoting sources.
Indian tax officials have opened up a new front in their battle to increase revenue collected from companies, targeting manufacturing firms that slash prices below cost in order to sell slow-moving inventory.
Car makers are gearing up for another round of price hike from April 1 to offset the cost of OBD (on-board diagnostics) compliance changes, with Honda and Hyundai today announcing that they would pass it on to customers.
India's top car makers posted lacklustre sales in May as an excise tax hike and rising fuel prices hit demand, casting more gloom over the country's economic outlook.
China's homegrown car makers unveiled a host of new models amid glitzy lights and blaring music at the Beijing auto show this week - but also under growing uncertainty about their future
Indian car makers heaved a sigh of relief and saw their shares soar after the federal budget did not hike taxes on diesel cars, in a boost for diesel-focused manufacturers such as Mahindra and Mahindra and Tata Motors.
Passenger car makers offered huge discounts in December, as much as Rs 60,000-70,000, to attract buyers, in what has been a year full of speed breakers for the industry. But if you haven't bought your car yet, get ready for price hikes from January.
Germany's Volkswagen had until the end of Friday to retract its accusation that strategic partner Japan's Suzuki Motor breached their contract as a public and bitter spat raged between the two car makers.