Donald Trump has announced new tariffs, including a 25% levy on imported cars, drugs, and chips, with plans to increase the rates later in the year. He claims these tariff measures are encouraging major global companies to return manufacturing to the U.S. Trump also stated that more details on the auto tariffs will be revealed on April 2, following a report from his cabinet members. Trump has long complained about unfair treatment of U.S. automotive exports, noting that the EU imposes a 10% tariff on vehicles, which is higher than the U.S. rate. The U.S. also charges a 25% tariff on imported pickup trucks to protect domestic manufacturers. The tariffs on drugs and chips will begin at 25% and rise over time, with no set start date yet. Additionally, Trump has imposed a 10% tariff on all Chinese imports and set a March 12 start date for tariffs on steel and aluminum.
Chevrolet is celebrating Corvette's 70th birthday with an electrified version of the storied sports car. And it is the fastest production model yet. The Corvette debuted in 1953 at Motorama in New York City. Watch the video to know more!
The new Trailblazer borrows many design elements from other SUVs in its family, including the signature dual-port grille.
The Corvette has been manufactured for 65 years and has undergone seven generations.
Tesla's Model 3 production troubles give rival auto makers a chance to snatch customers.
GM India said it is committed to honouring all vehicle warranties and to providing service and parts to Chevrolet owners well beyond the warranty period.
The Detroit-headquartered company is eliminating the third shift at its Lansing Delta Township plant which makes three SUVs built on the same platform -- the Chevrolet Traverse, the Buick Enclave and the GMC Acadia.
New vehicle purchases nosedived in November and December after the government junked popular bank notes, while bookings and enquiries are understood to have fallen by half during the same period.
In 2015, GM India exported 21,000 Chevrolet vehicles to 40 countries, including Chile and Mexico.
The Prime SUV option, available for Rs 80 onwards (base fare), will let customers seat up to six passengers.
The move will help Ola to cash in further on the lucrative Delhi, Gurgaon and Noida routes which comprise a significant portion of the on-demand transportation market.
This week on Storyboard, Tim Mahoney, Chief Marketing Officer global at Chevrolet discusses the brand's aggressive plans for India. Scott Kronick President & CEO of Ogilvy PR, Asia Pacific talks about the changes in the industry. Also, take a look at how Amazon is celebrating endless love this Valentine‘s Day.
2016 Auto Expo: Accessorised 2016 Chevrolet Cruze showcased
2016 Auto Expo: GM unveils the Chevrolet Essentia
2016 Auto Expo: 2016 Chevrolet Camaro SS to be showcased
The updated version comes with revitalised interiors, added safety equipment and convenience, along with more colour options, General Motors (GM) India said in a statement.
The price hike is not applicable to the company's recently launched premium sports utility vehicle Trailblazer. The vehicle comes to India as a completely built up (CBU) unit from Thailand.
Kaher Kazem, a 46-year-old Australian executive who became GM India's chief operating officer in August this year, is highly regarded within the company for leading GM's Uzbekistan operations from 2012, company sources have said. He has been with GM since 1995.
With festive season round the corner, major car manufacturers including Maruti Suzuki India, Hyundai Motor and Tata Motors are offering various schemes, including discounts of up to Rs 37,000 to push up sales.
US automaker General Motors has lined up an investment of Rs 6,400 crore and plans to roll out 10 new models from its plant in Maharashtra, state's Chief Minister Devendra Fadnavis said on Thursday.
The largest US automaker expects to manufacture and sell the vehicles in China, Brazil, India and Mexico and export the cars to other emerging countries.
Toyota has fallen behind Volkswagen in the race for the world's biggest automaker title, figures showed on Tuesday, as the German giant outsold its Japanese rival in the first half of the year.
"The price hike on Chevrolet vehicles built in India ranges from approximately Rs 15,000 to Rs 61,000 depending upon the various models and variants with effect from January 2015," General Motors India Vice President P Balendran said in a statement.
Jaguar Land Rover, the British luxury carmaker owned by Tata Motors, said its Russian sales subsidiary had stopped selling vehicles to franchised dealers on Wednesday due to falling rouble and would review the situation again on Friday.