Mayank Pareek

"Following the rollout of GST, we have decided to pass on the entire benefit to our customers. We are offering a price reduction of up to 12 per cent ranging between Rs 3,300 and Rs 2,17,000, depending on the model and variant," Tata Motors President, Passenger Vehicles Business Unit, Mayank Pareek said in a statement.

Tata Motors Tiago crosses 1 lakh cumulative booking milestone

"Tiago boasts our new IMPACT design philosophy and has been a game changer for Tata Motors," the company's President, Passenger Vehicles Business Unit, Mayank Pareek, said in a statement.

Tata Motors appoints Rajesh Khatri as head of manufacturing operations

Khatri will report to Mayank Pareek, President of Tata Motors’ passenger vehicle business unit.

Tata Motors opens pre-bookings for Tigor

Tata Motors today announced pre-bookings for its new small car Tigor.

Tata Motors unwraps Tiago AMT with Rs 5.39 lakh price tag

The Tiago AMT variant will be available across the country at the company's over 597 sales outlets, Tata Motors said in a statement.

Tata Motors' soon-to-be launched sedan named Tigor

Tata Motors, India‘s largest automotive company, today announced that its new yet-to-be-launched sub-4 meter sedan will be called Tigor.

Tata Motors launches SUV Hexa in Rajasthan at Rs 12 lakh

The company has a long waiting list for the vehicle which will be cleared soon so that more and more Hexa could come on road, Business Unit President for passenger vehicles at Tata Motors Mayank Pareek said.

Tata Motors picks 20 projects to cut costs, improve efficiency

In its bid to cut costs and improve efficiency, Tata Motors has initiated around 20 projects covering the entire gamut of the company's businesses, including factories and sales network.

Demonetisation blues: Mixed bag for automobile sales in Dec

Reflecting challenges faced by automobile industry in the wake of demonetisation, auto majors Hyundai Motor India, Mahindra & Mahindra and Ford India today reported decline in their domestic sales in December.

Despite a minor hit, auto cos look to meet fiscal targets

Demonetisation may have hit the auto sector with drop in footfalls but companies see this trend short live and demand picking up going forward.

Tata Motors to hike prices of passenger vehicles from Jan 2017

The company will increase prices of its passenger vehicles starting from Rs 5,000 up to Rs 25,000 depending on the model due to various macro-economic factors.

Tata Motors hikes passenger vehicle prices by up to Rs 12,000

Tata Motors sells a range of passenger vehicles, including the entry-level small car Nano, newly-launched hatchback Tiago and crossover vehicle Aria, which were priced at a range of Rs 2.15 lakh to Rs 16.3 lakh (ex-showroom Delhi).

Expect Q3 show to improve on strong festive demand: Tata Motors

Mayank Pareek, President of Passenger Vehicles Business at the automaker said that initial festive demand beginning Onam has been very good for Tata Motors. The company is on course to achieve its business plans globally, he added.

Here's how Messi fits the Tata Motors brand well

On the storyboard this week watch how Messi is steering Tata motors and we have Storyboard editor Anant Rangaswami in conversation with Mayank Pareek, President of its Passenger Vehicle Business unit in Tata Motors.

Is long-term growth reviving? Too early to say: Maruti

RC Bhargava, Chairman, Maruti Suzuki, says, it is too early to say if we are seeing real improvement in long-term growth, though April has been a good month for automotive industry.

Tata Motors rides on small towns, old models for revival

The company, which is looking to clock "a very healthy double-digit growth in sales" this fiscal, will open one outlet every day after July to add 200 showrooms this year alone as part of its plan to have 1,500 outlets in the next five years.

Tata Motors launches Bolt; petrol version at Rs 4.65-6.35 L

Mayank Pareek, head of the company‘s passenger vehicle business said the prices were introductory and would be hiked soon

Q4 will be better than Q3; outlook good: Tata Motors

"There was significant growth in November and December 2014 and the fourth quarter of FY15 will be better than the third quarter of FY15," says Mayank Pareek.

Strategies centered around customers' needs: Mayank Pareek

Strategy includes launching two new models each year, setting up a dedicated team for customer satisfaction, driving deeper penetration into rural markets as well as driving sales through segmentation.

Ahead of crucial Ciaz launch, Maruti COO said to have quit

The resignation comes ahead of the automaker‘s premium sedan, Ciaz‘s launch, slated in October.

2014 Maruti Celerio India first drive and images

For a new car that we expect will be priced close to the Grand i10 (Rs 4-4.5 lakh), the Celerio packs in quite a lot of simple yet innovative solutions

Rural growth has been extremely good and satisfying: Maruti

Maruti Suzuki's Mayank Pareek told CNBC-TV18 that the rural growth of the company has been extremely good and satisfying. The company worked on its network, sales strategy, communication strategy, dealer working strategy to get better results, he added.

Maruti Suzuki jumps 2% on price hike buzz

"We have been wanting to raise the price for some time as our input costs went up severely, mainly on account of weakening of rupee. However, the market was not conducive. Now it has become inevitable," Mayank Pareek, COO (Marketing and Sales) of the company told PTI.

Auto sector bets on rural market to boost sales

Despite the industry slumping almost 10 percent, the rural markets however have grown at an astounding 20 percent. Auto majors from Maruti Suzuki, Hyundai to M&M are putting in place a strategy to woo the discerning rural customers with an addressable market of at least 50,000 potential buyers.

Apr can't match March sales, but see a pick-up: Maruti

India's largest passenger car maker Maruti Suzuki today reported 5 percent decline in its total sales in March. However, last month the sales were a little higher than the streets expectations. Mayank Pareek, Managing Executive Officer Marketing & Sales of Maruti, told CNBC-TV18...