Latest Automobile News From AutoIndia.com

Maruti Suzuki launches advanced version of Grand Vitara

Fri, 03 Jul 2009 00:00:00 GMT

New Delhi, 03 July 2009: Country's largest carmaker Maruti Suzuki India Ltd.(MSIL) today launched....

Hero Honda, Yamaha, TVS sales up for June; Bajaj down

Thu, 02 Jul 2009 00:00:00 GMT

New Delhi, 02 July 2009: The country's largest two-wheeler maker, Hero Honda Motors Ltd, reported....

Tata Motors register nearly 4% decline in June sales

Thu, 02 Jul 2009 00:00:00 GMT

New Delhi, 02 July 2009: Home grown automaker Tata Motors registered a 3.91% decline in its total....

Hyundai's June sales increase 17.63%

Thu, 02 Jul 2009 00:00:00 GMT

New Delhi, 02 July 2009: The country's second-largest car maker, Hyundai Motor India Ltd (HMIL),....

Maruti sales jump 23% in June, exports rise 175%

Thu, 02 Jul 2009 00:00:00 GMT

New Delhi, 02 July 2009: India's largest car maker, Maruti Suzuki India Ltd (MSIL), reported a 22.63% jump in its sales....

Auto parts sector seeks more duty cuts

Tue, 30 Jun 2009 00:00:00 GMT

Mumbai, 30 June 2009: Country's auto parts industry is hoping for duty concessions on raw....

Daimler launches its 1st hybrid - Mercedes Benz S Hybrid

Sun, 28 Jun 2009 00:00:00 GMT

Frankfurt, 28 June 2009: German luxury car maker Daimler launched its first hybrid model last week,....

Tata Motors launches Jaguar and Land Rover brands in India

Sun, 28 Jun 2009 00:00:00 GMT

Mumbai, 28 June 2009: The country's top automaker, Tata Motors, today launched its marquee....

SBI slashes car loan rates to 8% for first year

Sun, 28 Jun 2009 00:00:00 GMT

Mumbai, 28 June 2009: To increase its credit offtake and market share, country's largest bank....

Volvo targets 35% growth in Indian bus sales

Fri, 26 Jun 2009 00:00:00 GMT

New Delhi, 26 June 2009: On the backdrop of two stimulus packages that were announced in December....

Auto industry hoping duty cuts in Union budget

Fri, 26 Jun 2009 00:00:00 GMT

Hyderabad, 26 June 2009: The crisis-hit Indian auto industry has high hopes from the upcoming Union....

Rolls-Royce to increase manufacturing workforce by 50%

Thu, 25 Jun 2009 00:00:00 GMT

London, 25 June 2009: Rolls-Royce Motor Cars is planning to increase its manufacturing workforce....

First shipment of Indian-made Hyundai i10 arrives at UK

Thu, 25 Jun 2009 00:00:00 GMT

New Delhi/London, 25 June 2009: The first of four ships loaded with brand new Hyundai cars ....

1957 Ferrari 250 TR sets new auction world record

Thu, 25 Jun 2009 00:00:00 GMT

Maranello (Italy), 25 June 2009: An iconic, pontoon-fender 1957 Ferrari 250 Testa Rossa (TR) sold....

Toyoda vows changes for Toyota amid 'stormy' start

Thu, 25 Jun 2009 00:00:00 GMT

Tokyo, 25 June 2009: Toyota Motor Corporation's new President, the grandson of the group's....

American company to unveil 'Flying Car' by 2011

Wed, 24 Jun 2009 00:00:00 GMT

Toronto, 24 June 2009: A Boston-based....

Bajaj launches new Pulsar, claims to be India's fastest bike

Wed, 24 Jun 2009 00:00:00 GMT

New Delhi, 24 June 2009: India's second largest two-wheeler manufacturer Bajaj Motors launched....

Ford Motors to get technology loan from U.S government

Tue, 23 Jun 2009 00:00:00 GMT

Washington, 23 June 2009: Ford Motor will receive a share of $25 billion in government loans designed....

Nissan plans mass production of electric cars

Tue, 23 Jun 2009 00:00:00 GMT

Tokyo, 23 June 2009: Nissan Motor has belatedly waded into the worldwide battle for dominance of the “green” car market by unveiling....

Toyoda to be the new President of Toyota

Tue, 23 Jun 2009 00:00:00 GMT

Tokyo, 23 June 2009: Toyota Motor Corporation today confirmed Akio Toyoda as its new President,....

Tata completes random selection of first 1-lakh Nano buyers

Tue, 23 Jun 2009 00:00:00 GMT

Mumbai, 23 June 2009: Tata Motors today said that it has completed the random selection of the....

Toyota gets 1,80,000 orders in a month for Prius

Mon, 22 Jun 2009 00:00:00 GMT

Tokyo, 22 June 2009: Japanese auto giant Toyota Motor Corporation got 1,80,000 orders for the new....

Hyundai India reinforces community development programme

Mon, 22 Jun 2009 00:00:00 GMT

Chennai, 22 June 2009: Hyundai Motor India Limited (HMIL), the largest exporter and second largest....

Maruti to roll our CNG variants from 2010, starting with Alto

Mon, 22 Jun 2009 00:00:00 GMT

New Delhi, 22 June 2009: Country's largest carmaker, Maruti Suzuki India Ltd.(MSIL) today....

GM India aims high on its new mini car to be launched this year-end

Sat, 20 Jun 2009 00:00:00 GMT

Kolkata, 20 June 2009: General Motors India is aiming at sharp growth in marketshare in 2010 with....

Bajaj Auto launches eco-friendly 'RE-GDI' autorickshaw

Sat, 20 Jun 2009 00:00:00 GMT

Mangalore, 20 June 2009: Bajaj Auto Ltd., the leading two and three-wheeler manufacturer in the....

Fiat might bring Chrysler brands to Indian market

Sat, 20 Jun 2009 00:00:00 GMT

New Delhi, 20 June 2009: Italian auto maker Fiat, which has entered into a strategic alliance with....

GM India to invest more on advertisement campaigns

Sat, 20 Jun 2009 00:00:00 GMT

New Delhi, 20 June 2009: Hit by the bankruptcy proceedings of parent group Generall Motors Corporation,....

Small car likely in two to three years: Honda Siel Cars

Fri, 19 Jun 2009 00:00:00 GMT

Chennai, 19 June 2009: Honda Siel Cars India (HSCI) is likely to introduce a small car in the national....

Hindustan Motors to launch BS-IV version of Winner truck in Delhi

Fri, 19 Jun 2009 00:00:00 GMT

Kolkata, 19 June 2009: Automobile manufacturer Hindustan Motors (HM) will launch the BS-IV version....

Fiat launches the Grande Punto In India

Wed, 17 Jun 2009 00:00:00 GMT

New Delhi, 17 June 2009: Italian car major Fiat today launched its much-awaited premium small car Grande Punto in both petrol....

Tata Motors to build electric, hybrid cars on Nano platform

Tue, 16 Jun 2009 00:00:00 GMT

Mumbai, 16 June 2009: After stunning innovation of the cheapest car Nano, Tata Motors plans to....

Audi India launches three variants of its A4 sedan

Tue, 16 Jun 2009 00:00:00 GMT

New Delhi, 16 June 2009: German luxury carmaker Audi today said it has added three new variants....

Used cars congest Indian roads as sales spike

Mon, 15 Jun 2009 00:00:00 GMT

Mumbai, 15 June 2009: When insurance executive K.Shankar shopped for a car, he was pleasantly surprised to discover he could....

Luxury cars witnessed declining sales in May

Sun, 14 Jun 2009 00:00:00 GMT

New Delhi, 14 June 2009: With the economic slowdown hitting the people's spending power, sales....

Formula One controversies not over yet

Sat, 13 Jun 2009 00:00:00 GMT

London, 13 June 2009: Formula One teams and the governing body once again locked in combat after....

Almost all dealerships willing to work with GM: CEO

Sat, 13 Jun 2009 00:00:00 GMT

Washington, 13 June 2009: Virtually all dealers who were asked to do business with the new General Motors Corporation after bankruptcy....

Mitsubishi i-MiEV to go on sale by July-end

Sat, 13 Jun 2009 00:00:00 GMT

Tokyo, 13 June 2009: Mitsubishi Motors unveiled the production version of the i-MiEV new-generation....

Indian part makers not hit by GM bankruptcy

Fri, 12 Jun 2009 00:00:00 GMT

Mumbai, 12 June 2009: The blow from the slow and prolonged collapse of auto giant General Motors....

Merc India optimistic of future, expects 10% sales jump: CEO

Fri, 12 Jun 2009 00:00:00 GMT

Ahmedabad, 12 June 2009: Mercedes-Benz India today said it is expecting a 10% increase in its sales....

Royal Enfield set for new bike launches

Fri, 12 Jun 2009 00:00:00 GMT

New Delhi, 12 June 2009: Heavy-weight motorbike maker Royal Enfield today said it will launch two....

Formula DRIFT ProAm Series 2009 in Singapore

Fri, 12 Jun 2009 00:00:00 GMT

Singapore, 12 June 2009: The smell of burning tyres and the sound of revving engines will be making....

Chrysler, Fiat create new world auto giant

Thu, 11 Jun 2009 00:00:00 GMT

Milan, 11 June 2009: Chrysler and Fiat yesterday created a new global auto giant after the US Supreme Court cleared the way for their alliance in a milestone for the world auto....

Mazda targets 3 lac-plus annual sales for Mazda3 compact

Thu, 11 Jun 2009 00:00:00 GMT

Tokyo, 11 June 2009: The head of Mazda Motor Corporation today said that the automaker was targeting global annual sales of at least 3,00,000 cars for its top-selling Mazda3....

Honda unveils the 'Jazz' hatchback in India

Thu, 11 Jun 2009 00:00:00 GMT

New Delhi, 11 June 2009: Honda Siel Cars India Ltd.(HSCI), yesterday launched its latest global car - the Honda Jazz hatchback in India.

Won't walk away from Chrysler: Fiat

Tue, 09 Jun 2009 00:00:00 GMT

Milan, 09 June 2009: Italian automaker Fiat today said that it will not turn its back on a deal....

Toyota's second Indian plant to start production by 2010 end

Tue, 09 Jun 2009 00:00:00 GMT

Mumbai, 09 June 2009: Toyota Kirloskar Motor (TKM), the Indian arm of Japan's Toyota Motor Corporation expects to start....

GM India's small car to have above 80% localisation content

Tue, 09 Jun 2009 00:00:00 GMT

Mumbai, 09 June 2009: General Motors India today said that its proposed small car, to be launched....

TVS can manufacture 'Flame' but not sell: Supreme Court

Tue, 09 Jun 2009 00:00:00 GMT

New Delhi, 09 June 2009: The Supreme Court of India yesterday allowed Chennai-based two-wheeler....

Electric cars unlikely to hit Japanese roads till 2020: Reports

Mon, 08 Jun 2009 00:00:00 GMT

Tokyo, 08 June 2009: Japanese automakers may be turning to electric vehicles in the quest for zero emission but it is unlikely....

Hyundai looking to set up another diesel engine plant in Chennai

Mon, 08 Jun 2009 00:00:00 GMT

New Delhi, 08 June 2009: Hyundai Motor India Ltd.(HMIL) is studying the feasibility of setting....

Domestic auto industry down to single digit growth last month

Mon, 08 Jun 2009 00:00:00 GMT

New Delhi, 08 June 2009: According to the SIAM statistics, the cumulative production of automobiles....

Toyota to trim production cost of small cars by a billion dollar annually

Sun, 07 Jun 2009 00:00:00 GMT

Tokyo, 07 June 2009: Japan's Toyota Motor Corporation aims to cut the cost of producing its....

Maruti Suzuki to enhance services segment

Sun, 07 Jun 2009 00:00:00 GMT

New Delhi, 07 June 2009: Amid demand for servicing over 10 lakh cars in a month, Maruti Suzuki has said it has taken various....

Hyundai India celebrates World Environment Day

Fri, 05 Jun 2009 00:00:00 GMT

New Delhi, 05 June 2009: On the occasion of World Environment Day, Hyundai Motor India Limited,....

GM to launch small car in India for Rs.4 lacs by year end

Fri, 05 Jun 2009 00:00:00 GMT

New Delhi, 05 June 2009: General Motors India today said it will roll out a slew of models, including....

GM India launches LPG version of Chevrolet Spark

Fri, 05 Jun 2009 00:00:00 GMT

New Delhi, 05 June 2009: Putting a brave face amid its parent going bankrupt in the US, General....

Tata Motors positive on bringing the Nano to US

Fri, 05 Jun 2009 00:00:00 GMT

New York, 05 June 2009: Tata Motors hopes to offer the Nano, dubbed the world's cheapest car, in the United States within....

Bajaj Auto records 8.1% decline in May sales

Fri, 05 Jun 2009 00:00:00 GMT

Mumbai, 05 June 2009: Bajaj Auto Ltd.(BAL), the second largest two-wheeler manufacturer in the....

Audi launches compact SUV Q5 in Mumbai at Rs.38.57 lacs

Thu, 04 Jun 2009 00:00:00 GMT

Mumbai, 04 June 2009: German luxury carmaker Audi today launched its compact SUV Q5, in Mumbai....

Honda eyeing 12.5 lakh units sales mark in 2009-10

Thu, 04 Jun 2009 00:00:00 GMT

Bangalore, 04 June 2009: Honda Motorcycle & Scooter India Pvt Ltd (HMSI), the fully owned....

Tata Motors unveils new range of world standard trucks

Wed, 03 Jun 2009 00:00:00 GMT

Jamshedpur, 03 June 2009: Tata Motors today unveiled its new range of world standard trucks expected....

Toyota to lease 500 plug-in Prius hybrids globally

Wed, 03 Jun 2009 00:00:00 GMT

Tokyo, 03 June 2009: Toyota Motor Corporation today said that it would begin leasing 500 plug-in....

Car sales moderate in May, Maruti zips

Wed, 03 Jun 2009 00:00:00 GMT

New Delhi, 03 June 2009: Car sales moderated in May with market leader Maruti witnessing a double....

Moodys upgrades Tata Motors' ratings

Wed, 03 Jun 2009 00:00:00 GMT

New Delhi, 03 June 2009: Global credit rating agency Moody's has revised upwards outlook for....

Hummer brands to be owned by a Chinese company

Wed, 03 Jun 2009 00:00:00 GMT

Detroit, 03 June 2009: General Motors Corporation (GM) has reached a tentative deal to sell its Hummer brand to a privately held....

Two-wheeler majors improve sales in May

Mon, 01 Jun 2009 00:00:00 GMT

New Delhi, 01 June 2009: Major two-wheeler makers in the country registered increase in sales last....

Hyundai May sales down 4.11%

Mon, 01 Jun 2009 00:00:00 GMT

New Delhi, 01 June 2009: Country's second largest carmaker, Hyundai Motor India Ltd (HMIL),....

Maruti Suzuki sales up 15.75% in May

Mon, 01 Jun 2009 00:00:00 GMT

New Delhi, 01 June 2009: Maruti Suzuki India Ltd.(MSIL) reported a 15.75% jump in the total sales....

Grande Punto to be positioned in the premium small car segment: Fiat

Mon, 01 Jun 2009 00:00:00 GMT

New Delhi, 01 June 2009: Mumbai, 30 May 2009: Land Rover and its parent company, Tata Motors, are in talks with India’s....

Government to consider deregulating petrol and diesel prices

Fri, 29 May 2009 00:00:00 GMT

New Delhi, 29 May 2009: The Government will consider deregulating petrol and diesel prices as also....

Tata Motors' 2008-09 net revenue falls 10.7%

Fri, 29 May 2009 00:00:00 GMT

New Delhi, 29 May 2009: Tata Motors today reported a gross revenue (stand-alone) of Rs.28,599.27....

Tata extends deadline on Jaguar Land Rover bridge loan

Thu, 28 May 2009 00:00:00 GMT

New Delhi, 28 May 2009: Tata Motors has extended the maturity deadline on a bridge finance of $1 billion raised for financing the....

Mahindra & Mahindra Q4 revenue grows 13.8%

Thu, 28 May 2009 00:00:00 GMT

Mumbai, 28 May 2009: Mahindra & Mahindra (M&M), the market leader in multi-utility vehicles in India, today announced the financial results for the quarter ended....

Tata Motors unveils new truck range

Thu, 28 May 2009 00:00:00 GMT

Mumbai, 28 May 2009: Tata Motors today launched a range of trucks comprising multi-axle, tractor....

Hyundai i20 becomes first Indian-made car to get 5-star Euro NCAP ratings

Thu, 28 May 2009 00:00:00 GMT

New Delhi, 28 May, 2009: The European New Car Assessment Programme (NCAP) has announced that the....

Maruti Suzuki testing cars on CNG platform

Wed, 27 May 2009 00:00:00 GMT

Lucknow, 27 May 2009: Car market leader Maruti Suzuki India Limited (MSIL) is testing its cars on the CNG platform before launching them commercially in the next 2-3 years.

Honda to source two-wheeler tyres from Falcon

Wed, 27 May 2009 00:00:00 GMT

New Delhi, 27 May 2009: In an effort to counter production losses after a prolonged strike at MRF,....

Honda to directly enter 100cc bike segment in India

Tue, 26 May 2009 00:00:00 GMT

New Delhi, 26 May 2009: Two-wheeler maker Honda Motorcycle & Scooter India (HMSI) will enter the high-volume entry level motorcycle segment with

Maruti concerned over sales growth from two models alone

Tue, 26 May 2009 00:00:00 GMT

New Delhi, 26 May 2009: Concerned over sales growth coming mainly from two of its models - Dzire and Swift - country's largest carmaker Maruti Suzuki India Ltd.(MSIL) said....

Mahindra introduces CNG variant of Maxx truck

Tue, 26 May 2009 00:00:00 GMT

New Delhi, 26 May 2009: Auto major Mahindra & Mahindra (M&M) today introduced CNG variant of its pick-up vehicle, Maxx Maxi Truck priced at Rs.3.79....

Bajaj to re-enter 100cc bike segment

Tue, 26 May 2009 00:00:00 GMT

New Delhi, 26 May 2009: In a major strategic U-turn, country's second largest two wheeler manufacturer Bajaj Auto Ltd.(BAL) has decided to re-enter the 100cc motorcycle....

Honda replaces Toyota to become suppliers' most favoured customer

Mon, 25 May 2009 00:00:00 GMT

New York, 25 May 2009: Toyota is no longer the darling of North American car parts makers, according to an annual survey of relations between vehicle manufacturers and suppliers.

Maruti to launch a new MUV by October

Mon, 25 May 2009 00:00:00 GMT

New Delhi, 25 May 2009: The country's largest car maker Maruti Suzuki India Ltd.(MSIL) said that it will be launching a new multi-utility vehicle (MUV) by October this....

Bajaj to make scooter to compete with Honda Activa

Fri, 22 May 2009 00:00:00 GMT

Mumbai, 22 May 2009: Bajaj Auto Ltd. has announced its plan to develop a scooter that would take on the Honda Activa.

Hyundai launches Accent LPG variant

Fri, 22 May 2009 00:00:00 GMT

New Delhi, 22 May 2009: Hyundai Motor India Ltd.(HMIL) launched the LPG variant of its entry-level sedan Accent, priced at Rs.5.34 lakh.

Skoda launches the new Laura

Thu, 21 May 2009 00:00:00 GMT

Mumbai, 21 May 2009: Skoda India, the fully owned subsidiary of Skoda Auto a.s. Czech Republic (Volkswagen Group), today launched....

Maruti looking to exceed SIAM projections for the year

Wed, 20 May 2009 00:00:00 GMT

Kolkata, 20 May 2009: Maruti Suzuki India Ltd.(MSIL) said that it is set to clock a higher growth this year than that projected for the industry by SIAM.

Tata Motors plans Rs.4,200 cr debenture issue: Crisil

Wed, 20 May 2009 00:00:00 GMT

New Delhi, 20 May 2009: India's leading automaker Tata Motors, which needs to refinance early next month a bridge loan worth $2 billion taken for purchase of Jaguar and....

High Court clears hurdle for TVS Flame bike

Wed, 20 May 2009 00:00:00 GMT

Chennai, 20 May 2009: Clearing the decks for TVS Motor to manufacture and market its 125cc ‘Flame’ motorcycle, in its original form, the Madras High Court lifted an order of....

Nissan hopes to catch up in hybrid vehicle market

Tue, 19 May 2009 00:00:00 GMT

Tokyo, 19 May 2009: Hybrid vehicle laggard Nissan hopes to catch up with its Japanese rivals after launching the company's own green car technology next year.

Financial pressure eases on Tata Motors: Standard & Poor

Tue, 19 May 2009 00:00:00 GMT

New Delhi, 19 May 2009: Financial pressure on Tata Motors has eased due to improvement in the automobile market and inflow of funds from bookings of its small-car Nano, said....

Maruti plans to double exports, expand rural presence

Tue, 19 May 2009 00:00:00 GMT

Chennai, 19 May 2009: India's largest car maker Maruti Suzuki, with a turnover of almost Rs.20,500 crore, is hoping to nearly double its exports this fiscal and expand....

Auto industry welcomes new Govt; seeks continued support

Mon, 18 May 2009 00:00:00 GMT

New Delhi, 18 May 2009: With the UPA voted back to power again, the Indian automobile industry wants the government support to continue for promoting the sector as a key economic....

All models undergoing modifications and upgradations: Maruti

Mon, 18 May 2009 00:00:00 GMT

Hyderabad, 18 May 2009: Country's No.1 carmaker Maruti Suzuki India Ltd.(MSIL) today said that all its models, including the Maruti 800 and Omni, are....

Tata Motors to hike employee wages despite slowdown

Mon, 18 May 2009 00:00:00 GMT

Kolkata, 18 May 2009: Tata Motors today said that it would hike wages of its employees this fiscal despite the effects of the slowdown, though the increment may not....

UK Govt okays loan guarantee to Jaguar-Land Rover

Mon, 18 May 2009 00:00:00 GMT

London, 18 May 2009: The British government has said that it is ready to guarantee loans to Indian conglomerate Tata group-owned Jaguar Land Rover (JLR), for which it is talking....

Maruti, Hyundai seek to ride on Europe benefits

Sun, 17 May 2009 00:00:00 GMT

Chennai, 17 May 2009: Maruti Suzuki India Ltd.(MSIL) and Hyundai Motor India Ltd.(HMIL) are looking to benefit from fiscal incentives being offered by European governments to....

Hino Motors to launch trucks in India

Sun, 17 May 2009 00:00:00 GMT

Mumbai, 17 May 2009: Japanese truck maker Hino Motors, part of the Toyota group, is launching its premium range of trucks in the country, joining a growing list of....

Maruti Suzuki launches the 'Ritz' hatchback

Fri, 15 May 2009 00:00:00 GMT

New Delhi, 15 May 2009: Maruti Suzuki India Ltd.(MSIL), t

Maruti optimistic on CNG availability; talks with Reliance, GAIL

Thu, 14 May 2009 00:00:00 GMT

Mumbai, 14 May 2009: Reliance Industries’ natural gas discovery from the D6 block of the Krishna-Godavari (KG) basin has been the best piece of news to the automotive....

Bajaj gets patent for multi-spring shock absorbers

Thu, 14 May 2009 00:00:00 GMT

New Delhi, 14 May 2009: Bajaj Auto Ltd. (BAL) today said that it has received patent for its invention - the multi-spring vehicle shock absorber - used in its motorcycles,....

Renault threatens withdrawal from F1 following dispute over new FIA regulations

Thu, 14 May 2009 00:00:00 GMT

Paris, 13 May 2009: The decision of the Fédération Internationale de l’Automobile (FIA) to introduce two sets of Formula One technical regulations for the 2010 Formula One season....

Tata Motors to adopt 'stop-start' technology for Ace

Wed, 13 May 2009 00:00:00 GMT

Mumbai, 13 May 2009: Tata Motors has tweaked its commercial vehicle strategy to step up focus on technology-led fuel-efficient vehicles. According to company officials, the....

Nano may help Tata Motors pip Hyundai from No.2 slot

Wed, 13 May 2009 00:00:00 GMT

New Delhi, 13 May 2009: Hyundai's undisputed number two position in the passenger car category for years is at stake, literally. With one lakh Tata Nanos to be delivered....

Ford to sell 300 million common shares

Tue, 12 May 2009 00:00:00 GMT

Detroit, 12 May 2009: Ford said today that it would sell 300 million common shares and use part of the proceeds to pay off its healthcare obligations to the United Auto Workers....

Hero Honda aims high on market share

Mon, 11 May 2009 00:00:00 GMT

Switzerland, 11 May 2009: Hero Honda, country's largest motorcycle maker, is aiming for high single-digit percentage sales growth and is looking to keep its profitability....

Maruti to increase R&D personnel to 1000 by March 2010

Mon, 11 May 2009 00:00:00 GMT

Gurgaon, 11 May 2009: Maruti Suzuki India Ltd.(MSIL), the largest carmaker in the country, will be increasing headcount in its R&D division to 1,000 by the end of March....

Car & Bike sales grew while Commercial Vehicles declined during April 09

Mon, 11 May 2009 00:00:00 GMT

New Delhi, 11 May 2009: The automobile industry started the year with growth in both overall production and domestic sales in the month of April 2009 over the same month last....

Honda to launch 'Jazz' in June; more India-specific engines possible

Sun, 10 May 2009 00:00:00 GMT

New Delhi, 10 May 2009: Japanese auto major Honda will explore possibilities to bring in products powered by India-specific engines like it has planned with....

Maruti yet to decide on phasing out 800, Omni

Sun, 10 May 2009 00:00:00 GMT

Mumbai, 10 May 2009: Maruti Suzuki today said that it has not yet taken a call on phasing out its successful cars 800 and Omni.

Maruti Suzuki confirms 'Ritz' launch on May 15

Sat, 09 May 2009 00:00:00 GMT

Mumbai, 09 May 2009: Maruti Suzuki India Ltd.(MSIL), today confirmed that it will be launching its premium compact car, Ritz, on May 15 in Delhi in straight....

Ashok Leyland April sales down by over 69%

Sat, 09 May 2009 00:00:00 GMT

New Delhi, 09 May 2009: Ashok Leyland yesterday reported a 69.33% decline in commercial vehicles sales in April at 1,750 units compared to 5,705 units sold in the same month....

Renault-Nissan Alliance partners with Singapore Govt for Zero Emission mobility

Fri, 08 May 2009 00:00:00 GMT

Singapore, 08 May 2009: The Renault-Nissan Alliance has formed a partnership with the Energy Market Authority (EMA), the Land Transport Authority (LTA) and the Economic Development....

Toyota forecasts $8.6 billion annual loss

Fri, 08 May 2009 00:00:00 GMT

Tokyo, 08 May 2009: Toyota Motor Corporation, the world's biggest automaker, forecast a much bigger-than-expected $8.6 billion annual loss and said it would sell about....

Volkswagen and Porsche to merge manufacturing operations

Thu, 07 May 2009 00:00:00 GMT

New York, 07 May 2009: German automakers Volkswagen and Porsche have reached an agreement to merge operations - the latest move in the global automobile industry....

Hyundai to increase component sourcing from India

Thu, 07 May 2009 00:00:00 GMT

Seoul, 07 May 2009: South Korean auto major Hyundai Motor Company is looking at increasing sourcing components from India for its global operations.

Labour strike may force Hyundai to shift production base

Thu, 07 May 2009 00:00:00 GMT

New Delhi, 07 May 2009: Continuing labour unrest at Hyundai Motors' Sriperumbudur (Tamil Nadu) factory is forcing the company to consider shifting the production....

Hyundai join hands with Union Bank of India; expects 5% sales increase

Wed, 06 May 2009 00:00:00 GMT

New Delhi, 06 May 2009: Hyundai Motors is expecting its sales in the Indian market to grow by up to 5% in the current year, with the planned launch of diesel and LPG variants....

Tata Motors to produce more top-end Nano VX variant

Wed, 06 May 2009 00:00:00 GMT

New Delhi, 06 May 2009: Taking into account the booking pattern for its 'people's car' Nano, Tata Motors will review its production plans by producing more cars....

Hyundai affected by plant strike, expects to end deadlock soon

Wed, 06 May 2009 00:00:00 GMT

New Delhi, 06 May 2009: Hyundai Motor India Ltd.(HMIL), the second-largest car maker in the country, is expecting to end the deadlock at its Chennai facility within....

Mahindra's first 2-wheeler 'Flyte' launched in India

Wed, 06 May 2009 00:00:00 GMT

Chennai, 06 May 2009: Mahindra & Mahindra Ltd (M&M), part of the $6.7-billion Mahindra Group, introduced 'Flyte', its first two-wheeler offering, across....

Hyundai Motor ties up with State Bank of Travancore for vehicle finance

Tue, 05 May 2009 00:00:00 GMT

Thiruvananthapuram, 05 May 2009: Hyundai Motor India Ltd.(HMIL), the second largest car manufacturer and the largest passenger car exporter, has teamed up with State Bank of....

Maruti Suzuki to launch 'Ritz' on May 15

Tue, 05 May 2009 00:00:00 GMT

New Delhi, 05 May 2009: India's largest car maker Maruti Suzuki India Ltd. today said that it will be launching its new hatchback 'Ritz' on....

Govt concerned about car price hiking: Official

Tue, 05 May 2009 00:00:00 GMT

New Delhi, 05 May 2009: Car makers hiking prices amidst falling demand despite stimulus packages is a matter of concern, but the government cannot force any pricing on automobile....

Hyundai to launch i20 diesel by 2009 end

Tue, 05 May 2009 00:00:00 GMT

Seoul, 05 May 2009: Korean auto major Hyundai Motor Company will bring the diesel variant of its premium hatchback 'i20' by the end of this year as part of its plan....

Fiat plans new car company in Europe to overtake Volkswagen

Mon, 04 May 2009 00:00:00 GMT

Berlin, 04 May 2009: Fiat envisages a merger with Opel and Chrysler to create a new global supergroup with annual sales of 7million autos and revenues of 80 billion euros, according....

Maruti to strengthen distribution, marketing networks

Mon, 04 May 2009 00:00:00 GMT

New Delhi, 04 May 2009: Maruti Suzuki India Ltd.(MSIL) is strengthening its distribution network to set up stockyards in different parts of the country to reduce delivery time....

Tata Motors receives Rs.2500 crore worth bookings for the Nano

Mon, 04 May 2009 00:00:00 GMT

New Delhi, 04 May 2009: Tata Motors today said that it has received over 2.03 lakh bookings for its Rs. 1-lakh car Nano, garnering nearly Rs.2,500 crore.

Maruti hopeful of profit recovery in the second quarter

Mon, 04 May 2009 00:00:00 GMT

New Delhi, 04 May 2009: India's No.1 car maker Maruti Suzuki India Ltd. (MSIL) expects lower commodity prices to help boost profitability in April-June,....

BMW to enter Indian used-car market next year; delays Mini launch

Sun, 03 May 2009 00:00:00 GMT

New Delhi, 03 May 2009: The wait for the iconic Mini in India just got a little longer. BMW has said that there are no immediate plans to launch the brand in India and the company....

Toyota India to hike output to maximum capacity by July

Sun, 03 May 2009 00:00:00 GMT

New Delhi, 03 May 2009: With the domestic auto market showing signs of recovery, Toyota will increase its vehicle production to full capacity in India in the next two months.....

Jaguar Land Rover to launch cars in India by 2009-end

Fri, 01 May 2009 00:00:00 GMT

New Delhi, 01 May 2009: Tatas-owned Jaguar Land Rover said that it will launch its products in India by the end of this year, after over a year of its acquisition by the domestic....

Hyundai Motor India sales up 10.9% in April

Fri, 01 May 2009 00:00:00 GMT

New Delhi, 01 May 2009: Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, registered a growth in cumulative....

Hero Honda, Yamaha April sales up 30% and 48% respectively

Fri, 01 May 2009 00:00:00 GMT

New Delhi, 01 May 2009: The country's biggest two-wheeler maker, Hero Honda Motors Ltd (HHML), reported 29.5% growth in sales during April at 3,70,575 units as against....

Maruti posts 15% rise in April sales

Fri, 01 May 2009 00:00:00 GMT

New Delhi, 01 May 2009: Maruti Suzuki India Ltd, the largest passenger car manufacturer in the country, reported 15% growth in its sales for the month of April. The....

Hyundai becomes the travelling partner for Shah Rukh Khan

Thu, 30 Apr 2009 00:00:00 GMT

New Delhi, 30 April 2009: Shah Rukh Khan, the brand ambassador for Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car....

Chrysler to file for bankruptcy: U.S Govt official

Thu, 30 Apr 2009 00:00:00 GMT

Detroit, 30 April 2009: Chrysler LLC will file for bankruptcy on today after talks to restructure its debt with bondholders collapsed, a U.S government official said.

BMW opens new sales & service outlet in Tamil Nadu

Thu, 30 Apr 2009 00:00:00 GMT

Chennai, 30 April 2009: BMW India announced the opening of Kun Exclusive, Coimbatore a satellite facility of Kun Exclusive, Chennai, dealership partner for BMW India in Tamil....

Xylo getting overwhelming response: Mahindra

Wed, 29 Apr 2009 00:00:00 GMT

Kolkata, 29 April 2009: Mahindra & Mahindra (M&M) has received huge bookings for its multi-utility vehicle Xylo in the last three months, according to a top....

M&M signs pact with State Bank of Bikaner & Jaipur for vehicle finance

Wed, 29 Apr 2009 00:00:00 GMT

New Delhi, 29 April 2009: Auto maker Mahindra & Mahindra (M&M) has entered into an agreement with the State Bank of Bikaner and Jaipur (SBBJ) for vehicle finance.....

Mahindra-Renault to consider widening of product range

Tue, 28 Apr 2009 00:00:00 GMT

New Delhi, 28 April 2009: Mahindra-Renault Pvt Ltd, the JV between French car maker Renault and Indian auto major Mahindra & Mahindra, will expand their product portfolio....

Hero Motors bags $250 million order from Canadian firm

Tue, 28 Apr 2009 00:00:00 GMT

New Delhi, 28 April 2009: Hero Motors Ltd, part of the Hero Group, has bagged a $250 million order from a Canadian manufacturer of recreational vehicles.

Govt approves Yamaha's business transfer proposal

Tue, 28 Apr 2009 00:00:00 GMT

New Delhi, 28 April 2009: Government has approved Japanese two-wheeler major Yamaha's proposal to transfer its Indian sales business to the new entity - India....

General Motors plans deep cuts, to phase out Pontiac brand by 2010

Mon, 27 Apr 2009 00:00:00 GMT

Detroit, 27 April 2009: General Motors Corporation today announced plans to slash plants, hourly workers and dealers and to eliminate its Pontiac brand in an effort to meet....

Counting process still on for Nano bookings: Tata Motors

Mon, 27 Apr 2009 00:00:00 GMT

Mumbai, 27 April 2009: The booking for the world's cheapest car Tata Nano has ended but the numbers are still being counted. The....

Maruti announces financial results, net income up 14.28% in 2008-09

Sun, 26 Apr 2009 00:00:00 GMT

New Delhi, 26 April 2009: India's No.1 car maker Maruti Suzuki India Ltd.(MSIL) announced its financial results and highlights for the year 2008-09. During the period,....

Mahindra-Renault to introduce two new models this year

Sun, 26 Apr 2009 00:00:00 GMT

New Delhi, 26 April 2009: French car maker Renault plans to introduce two new models in India with its partner Mahindra & Mahindra this year, although it has indefinitely....

Maruti Suzuki's quarterly profit down 18.5%

Fri, 24 Apr 2009 00:00:00 GMT

Mumbai, 24 April 2009: India's top car maker, Maruti Suzuki India Ltd, today reported a surprising 18.5% drop in quarterly net profit, missing forecast.

Hyundai's 'Always India' campaign to start from April 26

Thu, 23 Apr 2009 00:00:00 GMT

New Delhi, 23 April 2009: With the novel idea of ‘Always There, Because We Care’ , Hyundai Motor India Ltd, the country’s largest passenger car exporter and the second largest....

Audi introduces new A6 sedan in India

Thu, 23 Apr 2009 00:00:00 GMT

Mumbai, 23 April 2009: Audi, the German luxury car manufacturer, today announced the launch of the new Audi A6, the world’s most successful business sedan, in India.

Ford India identifies domestic vendor for engine blocks

Thu, 23 Apr 2009 00:00:00 GMT

Chennai, 23 April 2009: Ford India has identified a domestic vendor to produce engine blocks for its Fiesta and Ikon brands and the upcoming small car. This move would substantially....

Ford India to expand market share and raise localisation levels

Wed, 22 Apr 2009 00:00:00 GMT

Chennai, 22 April 2009: Ford India, the Indian arm of the U.S auto giant, is adopting a multi-pronged strategy to expand its market share, including raising the local content....

Volkswagen's quarterly profit falls 74% due to poor U.S sales

Wed, 22 Apr 2009 00:00:00 GMT

Wolfsburg, 22 April 2009: German car maker Volkswagen AG's net profit plummeted 74% as the world economic crisis cut into demand for its cars and trucks, especially in....

U.S company unveils 'IDEA', a 100-mpg hybrid truck

Wed, 22 Apr 2009 00:00:00 GMT

New York, 22 April 2009: Indiana-based startup Bright Automotive, yesterday unveiled the IDEA, a 100-mpg plug-in hybrid electric van that it is looking to sell to fleet customers....

Nepali dealer becomes the highest seller of Tata CVs abroad

Wed, 22 Apr 2009 00:00:00 GMT

Kathmandu, 22 April 2009: Despite political turmoil, mounting inflation and a nagging fuel crisis, a Nepali car dealer pipped rivals from 16 other countries to become the highest....

Honda launches new Activa with improved mileage

Wed, 22 Apr 2009 00:00:00 GMT

Mumbai, 22 April 2009: Honda Motorcycle & Scooter India (HMSI), yesterday launched the new Activa here with enhanced features.

Tata Nano records over 1.2 million test drives online

Tue, 21 Apr 2009 00:00:00 GMT

New Delhi, 21 April 2009: Tata Nano's online game has got the buzz going in the virtual world as well, with over 1.2 million test drives already.

US to give Chrysler $500 mn, GM up to $5 bn

Tue, 21 Apr 2009 00:00:00 GMT

Washington, 21 April 2009: The Obama administration will make about $500 million available to Chrysler LLC through the end of this month as it seeks to reach an alliance with....

Renault indefinitely puts on hold India car launch plans

Tue, 21 Apr 2009 00:00:00 GMT

New Delhi, 21 April 2009: French auto major Renault has put on hold indefinitely its plans to introduce its cars in the Indian market from the upcoming Chennai plant on account....

Hero Honda beats forecast, net profit rises

Tue, 21 Apr 2009 00:00:00 GMT

Mumbai, 21 April 2009: India's largest motorcyle maker, Hero Honda Motors, today reported a 34.4% rise in quarterly net profit, beating forecasts.

Volkswagen Golf named World Car of the Year

Mon, 20 Apr 2009 00:00:00 GMT

New York, 20 April 2009: The Volkswagen Golf was honoured as the 2009 World Car of the Year. A jury comprised of 59 international automotive journalists from 25 countries around....

Toyota remains the greenest vehicle maker

Mon, 20 Apr 2009 00:00:00 GMT

London, 20 April 2009: Toyota has retained its position as the greenest vehicle manufacturer according to a study conducted by Britain's 'Business Car' magazine.....

Auto component firms to witness decline in revenue

Mon, 20 Apr 2009 00:00:00 GMT

Mumbai, 20 April 2009: Auto part makers in the country will see revenues and earnings falling in the Jan-March quarter, hurt by slowing demand at home and a bleak overseas....

Volvo Bus Corpn to strengthen city transportation in India

Sun, 19 Apr 2009 00:00:00 GMT

Kolkata, 19 April 2009: Volvo Bus Corporation said that it is planning to enter major cities of the country with the introduction of low-floor air-conditioned buses for city....

Chinese auto maker eyes overseas acquisitions

Sun, 19 Apr 2009 00:00:00 GMT

Shanghai, 19 April 2009: At the time when the global auto industry is reeling under crisis due to slow down in demand and the economic downturn, a Chinese auto group, Chongqing....

Hyundai to strengthen rural presence, starts 'Hyundai Utsav'

Sun, 19 Apr 2009 00:00:00 GMT

New Delhi, 19 April 2009: Hyundai Motor India Ltd.(HMIL), the country’s largest passenger car exporter and the second largest car manufacturer, after securing its foothold in....

Nippon Steel, Toyota agree on steel price cut

Fri, 17 Apr 2009 00:00:00 GMT

Tokyo, 17 April 2009: Japanese steelmakers led by the world No.2, Nippon Steel Corporation, agreed with Toyota Motor Corporation to cut steel prices around 10%, a source said,....

Volkswagen set to overtake Toyota as world No.1

Fri, 17 Apr 2009 00:00:00 GMT

Tokyo, 17 April 2009: Volkswagen AG may have passed Toyota Motor Corporation as the world's top selling automaker in the first quarter, helped by robust demand in its main....

Tata Motors, Maruti looking for engineers at SAE World Congress

Fri, 17 Apr 2009 00:00:00 GMT

Washington, 17 April 2009: India's top two car manufacturers are scouting for automobile engineers at the World Congress of the Society of Auto Engineers (SAE) in Detroit....

Hero Honda & Hyundai gains, Bajaj loses market share in 2008-09

Fri, 17 Apr 2009 00:00:00 GMT

New Delhi, 17 Apri 2009: In one of the worst fiscal years for India’s automotive industry in recent times, Hero Honda and Hyundai Motors emerged as the two....

Hyundai India falls short of sales target

Fri, 17 Apr 2009 00:00:00 GMT

New Delhi, 17 April 2009: Reeling under the slowdown in demand, Hyundai Motor India Ltd (HMIL) missed its sales target for 2008-09....

Banks keep minimum eligibility criteria for Nano loans

Fri, 17 Apr 2009 00:00:00 GMT

Mumbai, 17 April 2009: Banks that have made arrangements with Tata Motors for financing the Nano, are keeping the minimum eligibility criteria easy to ensure that the....

Small cars get poor marks in collision tests

Tue, 14 Apr 2009 00:00:00 GMT

Washington, 14 April 2009: Micro cars can give motorists top-notch fuel efficiency at a competitive price, but the insurance industry says they don't fare too well in collisions....

Honda eyes 18% growth on financial year 2009-10

Tue, 14 Apr 2009 00:00:00 GMT

New Delhi, 14 April 2009: Honda Motorcycle and Scooter India (HMSI), the 100% subsidiary of the Honda Motor Company, Japan, is looking at 17-18% volume growth this fiscal (2009-10).....

Maruti Suzuki inaugurates new engine plant in Gurgaon

Tue, 14 Apr 2009 00:00:00 GMT

Gurgaon, 14 April 2009: Maruti Suzuki India Ltd.(MSIL) today opened its new engine manufacturing facility in Gurgaon, which will produce energy efficient 1,197cc K12M petrol....

Maruti A-star records mileage of 39.4 Kmpl

Mon, 13 Apr 2009 00:00:00 GMT

Bangalore, 13 April 2009: Maruti Suzuki announced that its small car Maruti Suzuki A-Star, has achieved top mileage of 39.48 Kmpl in a fuel efficiency rally in Mumbai. In a....

Maruti to launch hybrid cars in 3-5 years

Mon, 13 Apr 2009 00:00:00 GMT

New Delhi, 13 April 2009: Maruti Suzuki India Ltd, country's largest car company by sales, is working on an ambitious plan to launch electric cars and compressed natural....

Toyota's operating loss may hit 500 bn yen in 2090-10

Mon, 13 Apr 2009 00:00:00 GMT

Tokyo, 13 April 2009: Toyota Motor Corporation's operating loss could balloon to over 500 billion yen ($5 billion) in the year to March 2010, as the global economic crisis....

Jaguar-Land Rover close to get 800 mn pounds as loan

Sun, 12 Apr 2009 00:00:00 GMT

London, 12 April 2009: Tatas-owned Jaguar Land Rover is in advanced talks with the British government and banks on a 800 million pounds refinancing that could help the company....

Renault-Nissan alliance partners with Chinese ministry for Zero-Emission mobility

Sun, 12 Apr 2009 00:00:00 GMT

Beijing, 12 April 2009: The Renault-Nissan alliance has announced a partnership with the Ministry of Industry and Information Technology of China (MIIT) for Zero-Emission....

Honda unveils dog-friendly car

Sat, 11 Apr 2009 00:00:00 GMT

New York, 11 April 2009: Dog-crazy Americans will soon be able to buy a pet-friendly car with a cushioned dog bed in the trunk, fitted with a built-in water bowl and fan and....

United India Insurance to launch ‘Courtsy Car’ policy

Sat, 11 Apr 2009 00:00:00 GMT

Chennai, 11 April 2009: United India Insurance will be launching an insurance policy - ‘Courtsy Car’ - expected to make life easy for car owners when their car shuts-off or....

Used car values are steadying, says BMW's Chief Executive

Sat, 11 Apr 2009 00:00:00 GMT

Frankfurt, 11 April 2009: German carmaker BMW's Chief Executive said that residual values of used cars have been steadying since the beginning of this year, according to....

Italian bike component maker forms Indian JV

Fri, 10 Apr 2009 00:00:00 GMT

New Delhi, 10 April 2009: Italian two-wheeler parts maker Verlicchi announced its Indian foray with the formation of a joint venture with Gurgaon-based component supplier Hema....

Car exports from India rise 57% in FY09

Fri, 10 Apr 2009 00:00:00 GMT

New Delhi, 10 April 2009: At a time when global auto majors are struggling, India automakers have been able to expand their overseas presence with exports from the country registering....

Nissan on track to roll out first car from India by 2010

Fri, 10 Apr 2009 00:00:00 GMT

Mumbai, 10 April 2009: Japanese auto major Nissan, which is setting up a Rs.4,500-crore car-manufacturing facility with Renault in Chennai, said that the project is on schedule....

Nano booking gets overwhelming response on first day

Fri, 10 Apr 2009 00:00:00 GMT

Mumbai, 10 April 2009: Tata Motors had put 400 Nanos on display at as many outlets in the country and started accepting bookings from yesterday onwards.

Mahindra Bolero: The first UV to clock 50K sales for two successive years

Fri, 10 Apr 2009 00:00:00 GMT

Mumbai, 10 April 2009: Mahindra & Mahindra's (M&M) flagship SUV - Bolero - has sold a record 55,924 units in 2008-09.

Domestic auto sales in the green due to stimulus package

Wed, 08 Apr 2009 00:00:00 GMT

New Delhi, 08 April 2009: The Indian auto industry, which was heading towards negative growth territory, managed to stay in the positive zone in the fiscal ended March 31, thanks....

Toyota Fortuner to arrive in India by September

Wed, 08 Apr 2009 00:00:00 GMT

New Delhi, 08 April 2009: The world's largest carmaker, Toyota, has announced that it will bring its SUV 'Fortuner' in India by September this year. The vehicle....

Mercedes Benz India launches limited edition of E-Class

Wed, 08 Apr 2009 00:00:00 GMT

New Delhi, 08 April 2009: German luxury carmaker Mercedes-Benz has launched a limited edition of its E-Class in India, priced at Rs 43.4 lakh (Ex-showroom, Delhi).

Carnation strikes deal with distressed auto dealers

Tue, 07 Apr 2009 00:00:00 GMT

Hyderabad, 07 April 2009: Carnation, the company promoted by Maruti's ex-MD, Mr.Jagdish Khattar, has struck deals with at least five automotive dealers, besides holding talks....

Mahindra's new Chinese JV rolls out a tractor in China

Tue, 07 Apr 2009 00:00:00 GMT

New Delhi, 07 April 2009: Mahindra & Mahindra in association with China-based Jiangsu Yueda Yancheng has rolled out its 125 HP tractor at Yancheng, China, recently.

Ford cuts down automotive debt by 38%

Mon, 06 Apr 2009 00:00:00 GMT

Detroit, 06 April 2009: Ford Motor Co has reduced its automotive debt by 38%, or $9.9 billion, part of a series of moves to bolster its finances amid the global automotive downturn,....

Santro taxis to ply on Mumbai roads

Mon, 06 Apr 2009 00:00:00 GMT

New Delhi, 06 April 2009: Call it the Nano effect or what you have. Hyundai Motor India Ltd today handed over the first batch of its best selling model - the Santro -....

Maruti Alto attains highest ever sales in March; crosses 23000 mark

Mon, 06 Apr 2009 00:00:00 GMT

New Delhi, 06 April 2009: At a time when rivals are struggling to push sales, the country's largest car maker, Maruti Suzuki India Ltd.(MSIL), has claimed that its popular....

Toyota changes sourcing plan for small car plant

Mon, 06 Apr 2009 00:00:00 GMT

New Delhi, 06 April 2009: Toyota Motor Corporation, the largest carmaker in the world, has changed sourcing plans for its upcoming small car plant in India due to rupee....

Japan eyes up to $3,000 in green car subsidy: Source

Sat, 04 Apr 2009 00:00:00 GMT

Tokyo, 04 April 2009: Japan is considering introducing subsidies of up to $2,991 (3,00,000 yen) for the purchase of gasoline/electricity hybrids and other low emission....

Bankruptcy will be resorted to faster, if necessary: GM

Sat, 04 Apr 2009 00:00:00 GMT

London, 04 April 2009: General Motors will move ahead with bankruptcy process at a faster pace if it becomes necessary to restructure the auto maker, according to its new CEO,....

Tata's Jaguar Land Rover likely to get Rs.2,000 crore loan

Sat, 04 Apr 2009 00:00:00 GMT

London, 04 April 2009: After months of negotiations, Tata Motors-owned Jaguar Land Rover is likely to get approval for a loan of 270 million pounds (about Rs.2,000 crore) from....

Ashok Leyland March sales down over 52%

Sat, 04 Apr 2009 00:00:00 GMT

New Delhi, 04 April 2009: Ashok Leyland yesterday reported a fall of 52.2% in commercial vehicle sales at 5,112 units in March this year compared to same month in 2008. The....

Carmakers revamp distribution to fight stock build-up

Fri, 03 Apr 2009 00:00:00 GMT

Paris/Tokyo, 03 April 2009: Reeling from a costly and sudden build-up of unsold cars, automakers world over are looking for better ways to build, ship and sell their vehicles.

Mitsubishi Motors to increase production target of i MiEV

Fri, 03 Apr 2009 00:00:00 GMT

Tokyo, 03 April 2009: Mitsubishi Motors Corporation will increase production of its planned electric vehicle after orders for its first 2,000 cars were quickly filled, a spokesman....

'Nano' impact may cause 30-40% dip in used car sales: Dealers

Fri, 03 Apr 2009 00:00:00 GMT

Chennai, 03 April 2009: With the much awaited world's cheapest car 'Tata Nano' launched, dealers of used cars forecast around 30-40% dip in the sales of used....

Low-cost cars won't affect 3-wheeler market: TVS Motors

Thu, 02 Apr 2009 00:00:00 GMT

Chennai, 02 April 2009: The global economic recession and the launch of low-cost cars would not affect the three-wheeler market, says a top official of TVS Motor Co,....

Bajaj obtains patent for EshausTEC technology

Thu, 02 Apr 2009 00:00:00 GMT

New Delhi, 02 April 2009: Two-wheeler maker Bajaj Auto Ltd.(BAL) today said that it has received a patent for a new technology, which has been a bone of contention....

Maruti, M&M March sales increase; Hyundai, Tata Motors decline

Thu, 02 Apr 2009 00:00:00 GMT

Mumbai, 02 April 2009: India's top car maker, Maruti Suzuki India Ltd.(MSIL) posted sales increase for third straight month in March, helped by a jump in exports....

Hero Honda, TVS Motors register increase in March sales

Thu, 02 Apr 2009 00:00:00 GMT

New Delhi, 02 April 2009: Two wheeler companies in the country continued to post impressive sales for the month of March, compared to the same period an year ago.

Mahindra & Mahindra to reposition Scorpio as a true SUV

Wed, 01 Apr 2009 00:00:00 GMT

New Delhi, 01 April 2009: Mahindra & Mahindra would give its popular Scorpio an image makeover to position it as a thoroughbred SUV and do away with multi-utility vehicle....

Maruti 800 to be phased out by 2016: MSIL

Wed, 01 Apr 2009 00:00:00 GMT

New Delhi, 01 April 2009: Maruti Suzuki India Ltd. (MSIL) said it will bring the curtains down on its once bread-and-butter car Maruti 800 starting next year, even as one of....

Tata Motors might revive the Nano plant at Singur

Wed, 01 Apr 2009 00:00:00 GMT

Kuala Lampur, 01 April 2009: Tata Motors' abandoned factory in West Bengal will be revived to produce Nano, as the farmers' protest

Hyundai India sales decline by 15.81% in March

Wed, 01 Apr 2009 00:00:00 GMT

New Delhi, 01 April 2009: India's second largest carmaker Hyundai Motor India Ltd. (HMIL) today reported a 15.81% decline in its domestic passenger car sales during....

Mahindra crosses 12,000 bookings for the XYLO

Tue, 31 Mar 2009 00:00:00 GMT

Mumbai, 31 March 2009: Mahindra & Mahindra Ltd. (M&M), domestic market leader in utility vehicles, today announced that bookings for the Mahindra XYLO have crossed....

Volkswagen announces opening of new plant in Pune

Tue, 31 Mar 2009 00:00:00 GMT

Frankfurt, 31 March 2009: Europe's biggest car maker, Volkswagen, today announced the opening of a new plant in Pune, that would eventually roll out 1,10,000 vehicles per....

General Motors, Chrysler recovery plans 'not viable'

Mon, 30 Mar 2009 00:00:00 GMT

Washington, 30 March 2009: U.S President Barack Obama's task force to evaluate troubled automakers General Motors and Chrysler says it has found their recovery plans "not....

Rick Wagoner steps down as CEO of General Motors

Mon, 30 Mar 2009 00:00:00 GMT

Washington, 30 March 2009: General Motors' Rick Wagoner today announced his stepping down as the Chief Executive Officer of the company after White House officials asked....

ICAT starts operations; approves Maruti's 'Ritz'

Mon, 30 Mar 2009 00:00:00 GMT

New Delhi, 30 March 2009: The International Centre of Automotive Technology (ICAT) has started its operations at Manesar in Haryana by granting approval to the country's....

Loan for buying Tata Nano can be availed from any bank: SBI Chairman

Mon, 30 Mar 2009 00:00:00 GMT

Jamshedpur, 30 March 2009: Buyers can seek loans from any bank to buy Tata Nano despite the company signing a deal with State Bank of India (SBI).

7,500 employees to leave General Motors

Fri, 27 Mar 2009 00:00:00 GMT

New York, 27 March 2009: U.S auto maker General Motors has said that about 7,500 employees have decided to leave the company as part of the attrition programme.

Honda to exit geared scooter segment in India

Fri, 27 Mar 2009 00:00:00 GMT

New Delhi, 27 March 2009: Japanese two-wheeler major Honda said that it will exit the geared scooter market in India and phase out its 150cc model - Eterno - as the....

Renault-Nissan Alliance completes 10 successful years

Fri, 27 Mar 2009 00:00:00 GMT

Tokyo/ Paris, 27 March 2009: Renault-Nissan, the alliance between the French and Japanese auto....

India's 1st woman photojournalist sells her Fiat to buy Nano

Thu, 26 Mar 2009 00:00:00 GMT

Vadodara, 26 March 2009: The 'first woman photojournalist' of India, 96-year-old Homai Vyarawala has sold her 55-year-old Fiat to buy the world's cheapest car,....

Two wheeler industry not to be impacted by Nano: Hero Honda

Thu, 26 Mar 2009 00:00:00 GMT

New Delhi, 26 March 2009: The country's largest bike maker, Hero Honda, today said that the launch of Tata Nano will not have any impact on the two-wheeler industry.

Hyundai India bags ‘EXIM Achievement Award’ from Tamil Chamber of Commerce

Thu, 26 Mar 2009 00:00:00 GMT

Chennai, 26 March 2009: Hyundai Motor India Limited (HMIL), country’s largest auto exporter and the second largest car manufacturer, was honoured with the ‘EXIM Achievement....

Ashok Leyland develops Hythane engines

Wed, 25 Mar 2009 00:00:00 GMT

New Delhi, 25 March 2009: Ashok Leyland, the flagship company of Hinduja Group, yesterday said that it has developed hythane engines to power its buses, in association....

Ford Ikon prices to be increased from April

Wed, 25 Mar 2009 00:00:00 GMT

New Delhi, 25 March 2009: Ford India will increase the price of its entry-level sedan Ikon by up to 1.5% from April as it looks to offset rising component import bills due to....

SBI distributes lakhs of Nano applications on day one

Wed, 25 Mar 2009 00:00:00 GMT

Mumbai, 25 March 2009: Bookings for Tata Nano are pouring in from all parts of the country as the sole booking agent SBI yesterday said that it has distributed....

Suzuki crosses 50 unit sales of Rs.12 lakh bikes in 4 months

Tue, 24 Mar 2009 00:00:00 GMT

New Delhi, 24 March 2009: Nano may be hogging the limelight but Japanese Suzuki is quietly smiling having sold over 50 units of the bike, each priced 12 times the Rs.one lakh....

Rs.1-lakh Nano not an ego-trip: Ratan Tata

Tue, 24 Mar 2009 00:00:00 GMT

Mumbai, 24 March 2009: Excited about the launch of the people's car, the Nano, Mr.Ratan Tata said yesterday that the project was not conceived to satisfy his ego,....

No problems with Nano, says UN climate change boss

Tue, 24 Mar 2009 00:00:00 GMT

London, 24 March 2009: A key UN climate change official said yesterday that Indians have the right to aspire to....

All about Nano: Tata Nano commercially launched

Mon, 23 Mar 2009 00:00:00 GMT

Mumbai, 23 March 2009: Finally, after the long wait since its unveiling on January 10, 2008, Tata Motors today announced the commercial launch of the Tata Nano.

Nano on Indian roads in July; bookings from April 9

Mon, 23 Mar 2009 00:00:00 GMT

Mumbai, 23 March 2009: Tata Motors today said that deliveries of its small car Nano will start....

Renault India to get new Director

Mon, 23 Mar 2009 00:00:00 GMT

New Delhi, 23 March 2009: Renault India, the Indian arm of the $55 billion Renault Group, will....

Nano launch: Indian auto industry on verge of new dawn-break

Sun, 22 Mar 2009 00:00:00 GMT

Mumbai, 22 March 2009: History will be created in Mumbai tomorrow when Tata Motors launches the world's least expensive car, Nano - a car that can redefine personal transportation....

Tata Nano: One man's gain, another’s loss

Sun, 22 Mar 2009 00:00:00 GMT

New Delhi, 22 March 2009: As Tata Motors is all set to launch Nano, the world's cheapest car tomorrow, residents in Sanand, where Tata's new Nano plant is being set....

World eagerly awaiting launch of the cheapest car

Sun, 22 Mar 2009 00:00:00 GMT

Mumbai, 22 March 2009: The world's cheapest car, Tata Nano, will be launched tomorrow with its makers hoping it will be a hit with India's emerging middle-classes.....

Yamaha's sales plans in India hit roadblock

Fri, 20 Mar 2009 00:00:00 GMT

New Delhi, 20 March 2009: Japanese two-wheeler major Yamaha's plans to transfer its Indian sales business to a new entity - India Yamaha Motor Pvt Ltd - have hit a speed....

Auto makers tie up with public sector banks to strengthen retail financing

Fri, 20 Mar 2009 00:00:00 GMT

New Delhi, 20 March, 2009: Automakers in the country are tying up with public sector banks, in a bid to enhance finance options for their customers. While Tata Motors....

Ultra Motor plans to set up assembly unit in NCR

Fri, 20 Mar 2009 00:00:00 GMT

New Delhi, 20 March 2009: UK-based electric vehicle maker Ultra Motor is planning to set up an assembly unit in the National Capital Region (NCR) as it targets over two-fold....

Maruti Suzuki competes with global players at Dhaka Motor Show

Thu, 19 Mar 2009 00:00:00 GMT

Dhaka, 19 March 2009: Maruti Suzuki India Ltd.(MSIL) is on display along with major global vehicle makers at the Dhaka Motor Show, hoping to increase its share in Bangladesh's....

Toyota to halve hiring of fresh grads

Thu, 19 Mar 2009 00:00:00 GMT

Tokyo, 19 March 2009: Toyota Motor Corporation today said that it will nearly halve its hiring of new graduates next business year to the lowest level in more than a decade....

Mahindra & Mahindra ups stake in South African JV to 90%

Thu, 19 Mar 2009 00:00:00 GMT

Johannesburg, 19 March 2009: Mahindra & Mahindra has increased its stake in the joint venture with its South African partner - Mahindra South Africa - to 90%....

Mercedes-Benz India to venture into pre-owned car business

Thu, 19 Mar 2009 00:00:00 GMT

Kolkata, 19 March 2009: Luxury auto major Mercedes-Benz India Ltd.(MBIL) today said that it is actively working to launch an organised pre-owned car business.

Mahindra & Mahindra open to tie ups in small car segment

Wed, 18 Mar 2009 00:00:00 GMT

New Delhi, 18 March 2009: After joint ventures to manufacture sedans, two-wheelers and commercial vehicles, utility vehicle major Mahindra & Mahindra (M&M)....

Tata Motors ties up with SBBJ for retail finance

Wed, 18 Mar 2009 00:00:00 GMT

New Delhi, 18 March 2009: Tata Motors has tied up with public-sector lender State Bank of Bikaner and Jaipur (SBBJ) for providing retail finance facilities to customers....

Long road ahead for car sales recovery in China and India

Wed, 18 Mar 2009 00:00:00 GMT

Mumbai, 18 March 2009: Vehicle sales in China and India shot up last month by the kind of pace that made them the toast of the car industry early last year, but it might be....

Tata Motors to launch Nano on Monday

Wed, 18 Mar 2009 00:00:00 GMT

New Delhi, 18 March 2009: Tata Motors on next Monday will launch the "People's Car", the Nano, which it unveiled in January 2008 as the world's cheapest....

Toyota and Honda into global hybrid price war

Tue, 17 Mar 2009 00:00:00 GMT

Tokyo, 17 March 2009: An intensifying race for the coveted title of "greenest" carmaker has pitched Toyota and Honda into a worldwide price war on hybrid cars that....

Mahindra & Mahindra sees naval unit partner by 2009-end

Tue, 17 Mar 2009 00:00:00 GMT

New Delhi, 17 March 2009: The defence systems unit of Indian utility vehicle maker Mahindra & Mahindra will have a long-term strategic partner for its naval business....

Mahindra & Mahindra could develop 'The Devil' in India

Tue, 17 Mar 2009 00:00:00 GMT

New Delhi, 17 March 2009: Auto major Mahindra & Mahindra today said that it could develop a vehicle on the lines of U.S President Barack Obama's....

Mercedes-Benz optimistic of maintaining growth this year

Tue, 17 Mar 2009 00:00:00 GMT

Kochi, 17 March 2009: Despite the global slowdown, luxury car maker Mercedes-Benz is optimistic of maintaining growth in the Indian market during the 2009 fiscal.

Fiat introduces new MultiAir Technology for engine design

Mon, 16 Mar 2009 00:00:00 GMT

Rome, 16 March 2009: Already a world leader in advanced diesel engine technology, Fiat Group recently launched the MultiAir - a fundamental breakthrough in petrol engine design....

Honda defers second car assembly plant in Rajasthan

Mon, 16 Mar 2009 00:00:00 GMT

New Delhi, 16 March 2009: Japanese auto major Honda Siel Cars India (HSCI) said that it has deferred its second car assembly plant at Tapukara in Rajasthan by two years due....

Mahindra & Mahindra cuts capital expenditure plan by Rs.500 Crore

Mon, 16 Mar 2009 00:00:00 GMT

Mumbai, 16 March 2009: Automobile major Mahindra & Mahindra (M&M) has managed to slash its capital expenditure plan for the next three years ending March 2012....

Maruti Suzuki opens 50th driving school in the country

Mon, 16 Mar 2009 00:00:00 GMT

New Delhi, 16 March 2009: Country's largest carmaker Maruti Suzuki India Ltd.(MSIL) has increased the number of its driving schools in the country to 50 as it plans to....

Toyota hikes prices of Corolla Altis & Innova

Sat, 14 Mar 2009 00:00:00 GMT

New Delhi, 14 March 2009: Toyota Kirloskar Motor has increased the prices of its sedan 'Corolla Altis' and multi-utility vehicle 'Innova' by up to Rs.50,000....

Jaguar Land Rover to get 27mn pounds from UK govt

Fri, 13 Mar 2009 00:00:00 GMT

London, 13 March 2009: Tata Motors-owned Jaguar Land Rover will be getting about 27 million pounds from the UK government for production of a new greener car model.

Hyundai to launch 'Free Car Care Clinic' from 16th March

Thu, 12 Mar 2009 00:00:00 GMT

New Delhi, 12 March 2009: Hyundai Motor India Ltd.(HMIL) is ready to launch its 6^th Nationwide 'Free Car Care Clinic' in an effort....

Hyundai i10 achieves fastest 3 lakh sales

Thu, 12 Mar 2009 00:00:00 GMT

New Delhi, 12 March 2009: Hyundai Motor India Ltd.(HMIL), the country’s second largest passenger car manufacturer and the largest exporter, today achieved yet another milestone....

Honda launches advanced version of Accord

Thu, 12 Mar 2009 00:00:00 GMT

Greater Noida, 12 March 2009: Honda Siel Cars India today launched an advanced version of its premium sedan Accord with a 3.5-litre i-VTEC engine, priced between Rs.24.8 lakh....

Honda to sell world's first Bio-ethanol-Fuel mixed motorcycle

Wed, 11 Mar 2009 00:00:00 GMT

Tokyo, 11 March 2009: Honda Motor Company today announced that it has developed the world's first motorcycle powered by an eco-friendly fuel mixed with bio-ethanol and....

Audi to expand dealership network in India

Wed, 11 Mar 2009 00:00:00 GMT

New Delhi, 11 March 2009: Luxury car maker Audi has plans to increase its sales volume in the country by 33%, selling about 1,500 units this year on the back of rapid growth....

Skoda India launches new 'Superb' sedan

Wed, 11 Mar 2009 00:00:00 GMT

New Delhi, 11 March 2009: Czech auto major Skoda yesterday launched an upgraded version of its premium sedan Superb at a discounted price for the Indian market.

Car sales up 21.8%, bikes up 15.6% in February

Mon, 09 Mar 2009 00:00:00 GMT

New Delhi, 09 March 2009: Domestic passenger car sales went up by 21.8% in February 2009 to 1,15,386 units, from 94,757 units in the same month last year.

Mercedes-Benz India to increase R&D staff strength

Mon, 09 Mar 2009 00:00:00 GMT

New Delhi, 09 March 2009: Luxury car maker Mercedes-Benz India plans to increase its staff strength by up to four-fold at its R&D centre in....

Audi to launch Q5 SUV in India in June

Mon, 09 Mar 2009 00:00:00 GMT

Germany, 09 March 2009: German luxury carmaker Audi is set to launch its latest SUV 'Q5' in India in June, besides giving a facelift to....

Mahindra & Mahindra cuts Scorpio price by up to Rs.70,000

Mon, 09 Mar 2009 00:00:00 GMT

Mumbai, 09 March 2009: Mahindra & Mahindra (M&M) has slashed the price of its Scorpio SUV by Rs.34,000 - Rs.70,000 and upgraded the model to meet BS-4 norms,....

Honda Siel to launch Accord V6 sedan next week

Thu, 05 Mar 2009 00:00:00 GMT

New Delhi, 05 March 2009: Honda Siel Cars India Ltd.(HSCIL), the Indian arm of Japanese car-maker Honda, has annonced the launch of an advanced version of its premium sedan....

Chevrolet Spark crosses 3 million customer mark

Thu, 05 Mar 2009 00:00:00 GMT

Chennai, 05 March 2009: General Motors India, the 100% subsidiary of General Motors Corporation, today announced that it's entry level hatchback Chevrolet Spark has crossed....

Mahindra-Renault launches new variant 'Logan Edge Connect'

Thu, 05 Mar 2009 00:00:00 GMT

Chandigarh, 05 March 2009: Mahindra Renault today launched the new variant of its Logan - Logan Edge Connect - eyeing to increase the sales volume by 15-20% during....

Skoda plans to introduce Yeti SUV in India

Tue, 03 Mar 2009 00:00:00 GMT

Geneva, 03 February 2009: German car maker Skoda is planning to introduce its SUV 'Yeti' in India, besides looking at launching an advanced version of its Laura sedan,....

Tata Motors unveils 'Nano Europa' at the Geneva Motor Show

Tue, 03 Mar 2009 00:00:00 GMT

Mumbai, 03 February 2009: Tata Motors on today unveiled the Nano Europa, the European version of the Nano, at the Geneva Motor Show.

Hero Honda, Yamaha Febuary sales rise; Bajaj falls

Mon, 02 Mar 2009 00:00:00 GMT

New Delhi, 02 March 2009: It was mixed fortunes for the two-wheeler industry in the country as Hero Honda and Yamaha reported increase in February sales, while sales declined....

Maruti posts 24% increase in February sales

Mon, 02 Mar 2009 00:00:00 GMT

New Delhi, 02 March 2009: Showing signs of recovery for two consecutive months, country's largest car maker, Maruti Suzuki India Ltd (MSIL), on today reported a 24.08%....

Hyundai Motor India registers 45% growth in February sales

Mon, 02 Mar 2009 00:00:00 GMT

New Delhi, 02 March 2009: Auto major Hyundai Motor India Ltd (HMIL) has improved its domestic sales by over 45% in February compared to the same period in last fiscal.....

Ashok Leyland signs MoU with Corporation Bank

Sat, 28 Feb 2009 00:00:00 GMT

Chennai, 28 February 2009: Hinduja group flagship company Ashok Leyland yesterday entered into an MoU with Corporation Bank to provide retail financing for....

Rolls Royce previews Rs.4 Crore 'Phantom Coupe' in Delhi

Sat, 28 Feb 2009 00:00:00 GMT

New Delhi, 28 February 2009: Rolls-Royce Motor Cars previewed its luxury Phantom Coupe in the national capital today.

Jaguar-Land Rover gets order for 13,000 vehicles from China

Sat, 28 Feb 2009 00:00:00 GMT

London, 28 February 2009: Tata-owned Jaguar Land Rover signed a "very significant" order to supply 13,000 vehicles to China. According....

Renault-Nissan Alliance join hands with Elektromotive to accelerate installation of charging networks for EVs

Sat, 28 Feb 2009 00:00:00 GMT

Rolle (Switzerland), 28 February 2009: The Renault-Nissan Alliance and UK company Elektromotive, a pioneer in zero emission transport infrastructure, announced their collaboration....

Tata Motors launches Xenon XT Pickup

Thu, 26 Feb 2009 00:00:00 GMT

Mumbai, 26 February 2009: Tata Motors, the largest automobile manufacturer in the country, has launched the lifestyle Xenon XT Pickup.

Tata Motors to launch Nano on March 23rd

Thu, 26 Feb 2009 00:00:00 GMT

New Delhi, 26 February 2009: The long wait, finally, will come to an end next month, with Tata Motors announcing the launch of the Rs.1-lakh Nano car on March 23^rd.....

Toyota envisages car body made of seaweed by 2020

Wed, 25 Feb 2009 00:00:00 GMT

Tokyo, 25 February 2009: Toyota is looking to a greener future with dreams of an ultralight, super-efficient plug-in hybrid with a bioplastic body made of seaweed that could....

Suzuki Motorcycle India to invest Rs.150 cr in 3 years

Wed, 25 Feb 2009 00:00:00 GMT

Chandigarh, 25 February 2009: Undeterred by the current economic slowdown, two-wheeler maker Suzuki Motorcycle today said it will invest Rs.150 crore on tripling its manufacturing....

Hindustan Motors cut 'Winner' price by Rs.7000

Wed, 25 Feb 2009 00:00:00 GMT

New Delhi, 25 February 2009: Hindustan Motors Ltd (HML) today announced to cut the price of its light commercial vehicle 'Winner' by an average of about Rs.7,000 per....

Ashok Leyland, Tata Motors cut truck prices post excise duty reduction

Wed, 25 Feb 2009 00:00:00 GMT

Mumbai, 25 February 2009: Leading truck and bus makers of the country, Tata Motors Ltd and Ashok Leyland Ltd, today announced price cuts following a 2% point reduction in factory....

Need for separate export promotion council for auto sector: FICCI

Tue, 24 Feb 2009 00:00:00 GMT

New Delhi, 24 February 2009: Country's premier industry association FICCI said that India should form a separate export promotion council for it's automotive....

No slowdown in Indian investments: General Motors

Tue, 24 Feb 2009 00:00:00 GMT

Bangalore, 24 February 2009: Global auto major General Motors today said that it had no plans to slow down on its investments in India, despite the sluggish car sale scenario.....

Honda India to continue with single-shift operation

Mon, 23 Feb 2009 00:00:00 GMT

New Delhi, 23 February 2009: Japanese car major Honda will continue operating with its trimmed output in India for the next six moths. The company will cut short its....

Peugeot Citroen in the look out for manufacturing base in India

Mon, 23 Feb 2009 00:00:00 GMT

New Delhi, 23 February 2009: Europe's second largest automaker PSA Peugeot Citroen is in the look out for a setting up a manufacturing base in....

Toyota's small car for India to come in petrol and diesel variants

Sat, 21 Feb 2009 00:00:00 GMT

Pune, 21 February 2009: The Toyota small car for India, to be launched by December 2010, could be powered with a 1.2-litre or 1.3-litre engine and will come as a petrol and....

Tata Motors welcomes State Bank's move to freeze car loan rates

Sat, 21 Feb 2009 00:00:00 GMT

Mumbai, 21 February 2009: Tata Motors welcomed State Bank of India's move of freezing interest rates on new car loans at 10% for one year.

Ford India on track to launch small car by next year

Sat, 21 Feb 2009 00:00:00 GMT

Chennai, 21 February 2009: Ford India said that its proposal to introduce small-car in the country by 2010 was 'on track' and that it would be launched as per schedule.

Ashok Leyland bags bus supply order worth $43.5 mn from Angola

Fri, 20 Feb 2009 00:00:00 GMT

Chennai, 20 February 2009: Country's second-largest commercial vehicle manufacturer, Ashok Leyland, will supply 500 more buses to Angola by March-end, taking the....

Mahindra & Mahindra eyes 10-15% growth in spares division

Fri, 20 Feb 2009 00:00:00 GMT

New Delhi, 20 February 2009: Mahindra & Mahindra is eyeing its spare parts division to clock a growth of 10-15% this fiscal, although it sees the business getting into....

Tata Motors team up with Central Bank for auto loans

Fri, 20 Feb 2009 00:00:00 GMT

New Delhi, 20 February 2009: Tata Motors had tied up with public sector bank, Central Bank of India, for providing retail finance facilities to its passenger vehicle customers.

Dow Corning gears up innovation to improve fuel efficiency

Fri, 20 Feb 2009 00:00:00 GMT

Mumbai, 20 February 2009: Dow Corning, a global leader in silicones, silicon-based technology and innovation, is stepping up its search for a technology solution that will help....

Punjab National Bank signs MoU with Hyundai for vehicle loans

Wed, 18 Feb 2009 00:00:00 GMT

New Delhi, 18 February 2009: Punjab National Bank (PNB), the second largest public sector bank in India, has signed an MOU with Hyundai Motor India Ltd (HMIL), the second largest....

Mahindra to ramp up production of Xylo following good demand

Wed, 18 Feb 2009 00:00:00 GMT

Mumbai, 18 February 2009: Mahindra & Mahindra will ramp up production of its newly introduced Xylo SUV in a bid to reduce the waiting list for the....

Maruti Suzuki Swift becomes fastest to reach 3-lakh milestone

Tue, 17 Feb 2009 00:00:00 GMT

New Delhi, 17 February 2009: Maruti Suzuki's all-conquering hatchback Swift has just added another feather to its crown by becoming the fastest car model to reach the 3-lakh....

Renault postpones plan to launch cars in India by 2010

Mon, 16 Feb 2009 00:00:00 GMT

New Delhi, 16 February 2009: French auto major Renault has temporarily put on hold its plans to launch cars in India by 2010 in the wake of the global slowdown as the company....

Tata Motors admits financial crisis

Mon, 16 Feb 2009 00:00:00 GMT

New Delhi, 16 February 2009: Ratan Naval Tata's cup of woes are overflowing. Even as the 71-year-old chairman of the Tata group battles to keep the operations of its troubled....

Bajaj Auto Ltd reworks strategy; to focus more on mid-segment

Mon, 16 Feb 2009 00:00:00 GMT

Kolkata, 16 February 2009: Bajaj Auto Limited (BAL), a major player in the two wheeler market has reworked its bike strategy with an aim to focus more on the value segment.....

GM India launches special edition 'Spark' variant - Spark Muzic

Sun, 15 Feb 2009 00:00:00 GMT

Chennai, 15 February 2009: General Motors India launched a new variant of its Chevrolet Spark called 'Spark Muzic' in India.

India, China to become major auto-suppliers in the U.S car market: Chrysler

Fri, 13 Feb 2009 00:00:00 GMT

New Delhi, 13 February 2009: U.S vehicle-maker Chrysler today said that developing countries like India and China could become major auto-suppliers in the U.S market in the....

Hyundai Motor India hikes prices of certain models

Fri, 13 Feb 2009 00:00:00 GMT

New Delhi, 13 February 2009: Hyundai Motor India Ltd.(HMIL) today announced an increase in the prices of Santro, i10 and Accent across all its variants with immediate effect.....

Chrysler hoping to enter India through Fiat deal

Thu, 12 Feb 2009 00:00:00 GMT

Chicago, 12 February 2009: Ailing U.S auto major Chrysler is hoping to ride on its deal with Fiat to enter the Indian car market, which it says offers opportunities for its....

Come out with "a plan that works"; Obama asks U.S automakers

Thu, 12 Feb 2009 00:00:00 GMT

Washington, 12 February 2009: U.S President Barack Obama said that he remains committed to giving ailing automakers "serious help" in the future, but only....

Japan's Yamaha Motors to report loss for the first time in 26 years

Thu, 12 Feb 2009 00:00:00 GMT

Tokyo, 12 February 2009: Japanese two-wheeler giant, Yamaha Motors, is expected to incur loss for the first time in 26 years. Sluggish motorcycle sales and a....

Tata Motors may compensate vendors for Nano relocation

Thu, 12 Feb 2009 00:00:00 GMT

Kolkata, 12 February 2009: Tata Motors Limited, which relocated its Nano project from Singur to Sanand (Gujarat), is looking into the possibility of compensating the vendors....

French carmakers to get 6.5 billion euros loan from the govt

Wed, 11 Feb 2009 00:00:00 GMT

Paris, 11 February 2009: France has decided to loan 6.5 billion euros ($8.5 billion) to three carmakers - Peugeot-Citroen, Renault and Renault Trucks.

General Motors eyeing fast gains with future Volt models

Wed, 11 Feb 2009 00:00:00 GMT

Chicago, 11 February 2009: General Motors Corporation plans to upgrade its upcoming battery-powered Chevrolet Volt once it launches late next year.

Amara Raja ties up with Maruti Suzuki to launch 'Amaron MGB' batteries

Wed, 11 Feb 2009 00:00:00 GMT

Chennai, 11 February 2009: Country's leading manufacturer of industrial and automotive batteries, Amara Raja Batteries, has tied up with Maruti Suzuki India Ltd to launch a....

GM sees output improving, recovery still away

Tue, 10 Feb 2009 00:00:00 GMT

New Delhi, 10 February 2009: General Motors Corporation sees production improving in the second quarter but a market recovery will take time, a senior company official said....

China becomes world's largest auto market overtaking US: Media report

Tue, 10 Feb 2009 00:00:00 GMT

Beijing, 10 February 2009: China overtook the United States as the largest auto market in the world in January, according to data published by Chinese state media today.

Hyundai launches new Verna; introduces the 1st diesel automatic in the segment

Tue, 10 Feb 2009 00:00:00 GMT

New Delhi, 10 February 2009: Hyundai Motor India Ltd.(HMIL), the country’s largest exporter and the second largest car manufacturer, launched the all new Verna with luxurious....

Soon, cars may run on beer!

Mon, 09 Feb 2009 00:00:00 GMT

Washington, 09 February 2009: A brewing company in the U.S is adapting a new system that will make its own high-quality ethanol fuel from discarded beer yeast.

Skoda to launch new Fabia variants this year

Mon, 09 Feb 2009 00:00:00 GMT

New Delhi, 09 February 2009: Skoda Auto India will be launching three new variants of its flagship hatchback Fabia in India this year.

China could soon become the world's largest auto market

Sat, 07 Feb 2009 00:00:00 GMT

Beijing, 07 February 2009: Two years ago, China zoomed past Japan to become the world's No.2 vehicle market. Now it looks poised....

Reva to set up second manufacturing base; to launch new model this year

Fri, 06 Feb 2009 00:00:00 GMT

New Delhi, 06 February 2009: India's first maker of electric cars, Reva Electric Car Co, announced that it will launch a new model powered by advanced battery technology....

Nissan seeking low-interest govt loan to tide over global downturn: Report

Fri, 06 Feb 2009 00:00:00 GMT

Tokyo, 06 February 2009: Japan's third-largest automaker, Nissan Motor Corporation, would become the latest company to seek government aid and add another sector, outside....

Toyota lowers sales forecast; expects even bigger losses

Fri, 06 Feb 2009 00:00:00 GMT

Tokyo, 06 February 2009: Toyota Motor Corporation today lowered its global vehicle sales forecast for the 2008-09 business year to 7.32 million units from its earlier target....

Tata Motors admit delay in making vendor payments

Thu, 05 Feb 2009 00:00:00 GMT

Mumbai, 05 February 2009: Tata Motors Ltd has admitted that its has been late in making some vendor payments, but did not disclose the outstanding dues or say when the payments....

Suzuki Motors slashes global profit forecast by one-third

Thu, 05 Feb 2009 00:00:00 GMT

Tokyo, 05 February 2009: Japan's fourth-biggest automaker, Suzuki Motor Corporation, today cut its annual operating profit forecast by one-third due to the....

Ashok Leyland, Nissan review business plans for joint ventures

Thu, 05 Feb 2009 00:00:00 GMT

New Delhi, 05 February 2009: Ashok Leyland and Nissan Corporation are reviewing the business plans for their three JVs that envisaged an investment of Rs.2,300 crore for manufacturing....

Toyota recalls over 1million cars worldwide to fix defects

Wed, 04 Feb 2009 00:00:00 GMT

Tokyo, 04 February 2009: Toyota Motor Corporation would recall more than 1.35 million Vitz (called Yaris in some markets) and two other models globally to fix a defect in the....

Google India launches mobile internet bus in Chennai

Wed, 04 Feb 2009 00:00:00 GMT

Chennai, 04 February 2009: Internet users can now literally find the web at their doorstep, as Google India has launched a customised internet enabled bus which will touch 15....

Yamaha to make India an export hub for its bikes and engines

Wed, 04 Feb 2009 00:00:00 GMT

New Delhi, 04 February 2009: Japanese two-wheeler major Yamaha has plans to make India an export hub for its engines and bikes, including shipments to the U.S and Japan, besides....

Mitsubishi Motors to record loss; plans job cuts

Tue, 03 Feb 2009 00:00:00 GMT

Tokyo, 03 February 2009: According to Japanese media reprts, Mitsubishi Motors plans to cut 300 US jobs as it braces to slip into the red in the current financial year due to....

Chinese automobile industry may outperform India's in 2009: Report

Tue, 03 Feb 2009 00:00:00 GMT

Mumbai, 03 February 2009: The automobile industry in China is poised to outperform that of India in 2009, as the country's recent state-sponsored measures to boost demand....

Maruti posts rise in January sales; Tata Motors, Hyundai register decline

Mon, 02 Feb 2009 00:00:00 GMT

New Delhi, 02 February 2009: India's top car maker, Maruti Suzuki India Ltd's January vehicle sales stood at 71,779 units as compared to 68,107 units during the same....

SIAM appeals for more help to tide over gloom

Mon, 02 Feb 2009 00:00:00 GMT

New Delhi, 02 February 2009: Making an impassioned plea for help, apex auto industry body of the country, Society of Indian Automobile Manufacturers (SIAM), has said over Rs.1,20,000-crore....

Maruti Suzuki India resumes European exports of small cars after 4 years

Mon, 12 Jan 2009 00:00:00 GMT

Mundra, 12 January 2009: Maruti Suzuki India (MSIL), the largest car manufacturer of the country, has resumed its small car exports to Europe after a gap of nearly 4 years as....

Hyundai bags "Car-of-the-year award" at Detroit auto show

Mon, 12 Jan 2009 00:00:00 GMT

Detroit, 12 January 2009: Hyundai Motor Co took the prestigious "Car-of-the-year award" at the Detroit auto show on Sunday, marking a major step for the South Korean....

Domestic car sales drop 7% in December

Mon, 12 Jan 2009 00:00:00 GMT

New Delhi, 12 January 2009: According to SIAM figures, domestic car sales declined by 7% in December, the fifth drop in six months as scarce finance and a....

General Motors India to hike car prices this week

Thu, 08 Jan 2009 00:00:00 GMT

New Delhi, 08 January 2009: General Motors India has announced that it will raise its car prices by 1-2% from January 9 to cover rising costs, but does not expect the market....

Tata threatens to pull out of Singur if violence continues

Mon, 01 Sep 2008 00:00:00 GMT

Kolkata, 22 August 2008: Tata Motors Chairman Ratan Tata today threatened to pull out of West Bengal if violence still....

Land Rover staff moved to Jaguar plant due to lack of work

Mon, 01 Sep 2008 00:00:00 GMT

New York, 22 Aufust 2008: About 300 workers at Land Rover in the West Midlands have been moved to the nearby Jaguar factory due....

Volvo finalises JV deal with Eicher Motors

Fri, 22 Aug 2008 00:00:00 GMT

Stockholm, 22 August 2008: Volvo Group, one of the world's leading manufacturers of trucks, buses and construction equipment, said it has finalized the deal with Eicher....

Inflation surges to 12.63 per cent

Thu, 21 Aug 2008 00:00:00 GMT

New Delhi, 21 August 2008: Rising prices of food items like fruits, vegetables and milk pushed up inflation to 12.63% for the week ended August 9 from 12.44% a week ago.

Tata Motors palnning electric-drive version of the Nano: Report

Thu, 21 Aug 2008 00:00:00 GMT

Hamburg, 21 August 2008: According to a German press report, Tata Motors, which is planning to launch the world's cheapest car - Nano - also has plans to produce....

Mahindra to finance GM, Hyundai cars in rural markets

Thu, 21 Aug 2008 00:00:00 GMT

Mumbai, 21 August 2008: Mahindra & Mahindra's vehicle finance arm, Mahindra Finance, has entered into an understanding with car makers General Motors and....

Hero Electric plans to launch electric car by 2013

Thu, 21 Aug 2008 00:00:00 GMT

New Delhi, 21 August 2008: Two-wheeler maker Hero Electric is planning to introduce an electric passenger car in the India by 2013, besides introducing battery driven three-....

Japanese govt to offer incentives on clean diesel cars

Thu, 21 Aug 2008 00:00:00 GMT

Tokyo, 21 August 2008: In a bid to reduce carbon dioxide emissions, Japanese govt is looking to introduce incentives from fiscal year 2009-10 onwards, for consumers....

Jaguar wins first major car award after been taken over by Tata Motors

Wed, 20 Aug 2008 00:00:00 GMT

London, 20 August 2008: After being taken over by Tata Motors, Jaguar has won its first major car award, beating a string of fancied rivals.

Maruti to export 2 lakh cars annually by 2010/11

Wed, 20 Aug 2008 00:00:00 GMT

New Delhi, 20 August 2008: Maruti Suzuki India Ltd (MSIL), the Indian arm of the Japanese major, Suzuki Motors, plans to export 2,00,000 cars annually by 2010-11, which will....

WB govt begins talks with the opposition to end protests against Tata in Singur

Wed, 20 Aug 2008 00:00:00 GMT

Kolkata, 20 August 2008: In a view to end the ongoing protests in the state against the Tata's Nano factory, officials of the West Bengal govt today began negotiations....

Mahindra Renault launches Logan in Nepal

Wed, 20 Aug 2008 00:00:00 GMT

Mumbai, 20 August 2008: Mahindra Renault Pvt Ltd, the Indian venture of Renault and Mahindra & Mahindra Ltd, has launched the no-frills Logan sedan in Nepal, a first....

Foreign plants account for over 50% of our sales abroad: Hyundai

Tue, 19 Aug 2008 00:00:00 GMT

Seoul, 19 August 2008: Hyundai Motor Co. said that its overseas sales of vehicles produced in overseas plants surpassed 50% of total sales abroad for the first time, during....

GM pulls sponsorship of Oscar Awards

Tue, 19 Aug 2008 00:00:00 GMT

New York, 19 August 2008: According to the Wall Street Journal, General Motors Corporation, one of the longtime sponsors of the Academy Awards (Oscar), has pulled out of its....

High interest rates hurting demand: Hero Honda

Tue, 19 Aug 2008 00:00:00 GMT

New Delhi, 19 August 2008: High interest rates and tight financing in India are hurting demand for motorcycles and the industry's growth would slow to single-digits in....

Volkswagen to introduce historic 'Beetle' in India next year

Mon, 18 Aug 2008 00:00:00 GMT

New Delhi, 18 August 2008: Come 2009, Indians will have the chance to own the original 'people's car' - the Beetle - as German carmaker Volkswagen has firmed....

Mahindra says NO to Hummer; focus on own models

Mon, 18 Aug 2008 00:00:00 GMT

Mumbai, 18 August 2008: Mahindra & Mahindra finally confirms its disinterest in buying the famous Hummer brand of utility vehicles of General Motors.

Mahindra to buy majority stake in a JV with a Chinese tractor firm

Mon, 18 Aug 2008 00:00:00 GMT

Mumbai, 18 August 2008: India's top maker of tractors & utility vehicles, Mahindra & Mahindra, said today that it would buy majority stake in a joint venture....

Hyundai to introduce i10 in the U.S

Mon, 18 Aug 2008 00:00:00 GMT

Seoul, 18 August 2008: Hyundai Motor is considering to introduce its Indian-made i10 hatchback to the U.S market to meet rising demand for small cars amid higher oil prices.

Premium carmakers offer leasing route to dealers, vendors

Sat, 16 Aug 2008 00:00:00 GMT

Mumbai, 16 August 2008: With network expansion in mind, the premium car makers are facilitating cost-effective operational leasing route for dealers to deck up their showrooms....