Dealership

Several carmakers have announced price hikes with effect from January ranging from Rs 5,000 to Rs 1 lakh, depending on the segment and variant.

Maserati opens new store; launches luxury SUV Levante

At the inauguration of its new store, Maserati‘s India head, Bojan Jankulovski says that after the west, the company will look at East, like Kolkata, for new dealerships.

Nissan targets 5%+ market share in India by 2020

Guillaume Sicard, President of Nissan's Indian operations says Nissan is keen on increasing its domestic market share but points out that the export-centric strategy being executed by the alliance is likely to stay.

Breakdown or breakout? Maruti shares face bull-bear tussle

Shares of country's largest carmaker Maruti Suzuki India have experienced some volatility of late, after a Jefferies report flagged concerns over its capital allocation policy, uncertainty with respect to its Gujarat plant and a lacklustre launch of premium vehicles such as S Cross.

Skoda India embarks on rejig to spruce up brand, sales

Czech carmaker Skoda has had a bumpy ride in India since 2012. Volumes have been dipping on the back of a host of problems, from ineffective branding to poor after-sales service. But this is set to change soon, reports CNBC-TV18‘s Farah Bookwala-Vohra, as the management drives to get its house in order by overhauling its strategy.

Tata Motors tries to woo dealers by doubling margins to 5%

In an attempt to stop its dealers from exiting the dealership, Tata Motors doubled the margins to 5 percent. Sources say, that it could be the highest margin in the passenger vehicle industry.

Logix Microsystems targets 40-50% profit growth in FY12

In an interview with CNBC-TV18, Sanjay Soni, MD, Logix Microsystems spoke about the latest happenings in the company and the road ahead.

BMW India opens new dealership in Raipur

German luxury car-maker BMW's India arm, today opened new dealership at Raipur, taking the total number of its dealerships to 22 pan-India.