Tue, Feb 11, 2020
Automakers including Daimler, Ford and Tesla are looking to resume production in China after being forced to shut factories following the outbreak of a new coronavirus. Below are details on carmakers` plans (in alphabetical order):
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Mon, Jan 06, 2020
Toyota Kirloskar Motor (TKM) has opened bookings for BS-VI compliant flagship MPV Innova Crysta.
Sat, Nov 23, 2019
In a big relief to car buyers, Toyota has launched a facility for fast tracking car loans to its customers in India within 30 minutes of their applying.
Wed, Jul 12, 2017
Passenger car sales in India dropped 11.21% from 1,94,932 units in June 2017 from 2,13,331 units in the same month of last year. However, the cars that saw worse sales drop included Toyota Corolla, Maruti Suzuki S-Cross and Swift.
Maruti Suzuki is the market leader when it comes to car sales in India and June was no different. Data provided by Society of Indian Automobile Manufacturers (SIAM) show that seven out of the top 10 cars that were sold in India in the month of June 2017 belonged to Maruti Suzuki.
Mon, Jul 03, 2017
While the government has given a lower 12% GST rate on electric vehicles, hybrid vehicles will incur a GST rate of 43%. Many automobile companies are angry with the government's decision.
Mon, May 01, 2017
Leading the group was Maruti Suzuki India, which reported a 19.5% growth
Tue, Apr 11, 2017
Japanese automaker Toyota Motor Corp said it is spending $1.33 billion in its Kentucky plant as part of a plan to invest $10 billion in the US over the next five years.
Thu, Apr 06, 2017
Lexus has opened its first dealership at Taj Santacruz near the Chhatrapati Shivaji International Airport's domestic terminal in Mumbai.
Fri, Mar 24, 2017
Lexus introduced the RX Hybrid model priced at Rs 1.07 crore, RX F Sport hybrid at Rs 1.09 crore and ES 300h hybrid sedan priced at Rs 55.27 lakh (all prices ex-showroom).
Fri, Mar 10, 2017
Tata Motors and Volkswagen Group on Friday signed a Memorandum of Understanding (MoU) aimed at establishing a joint development projects.
Wed, Mar 01, 2017
Except for Mahindra, which posted a small decline in sales, a majority of car makers posted double-digit growth during the month of February.
Fri, Feb 10, 2017
Despite SIAM showing a recovery in passenger vehicle sales in January, a closer look shows the recovery is only for the top 5 car makers in India.
Fri, Feb 03, 2017
This growth of cars was driven primarily by new launches from these companies which pushed their sales despite the tough economic scenario.
Sun, Jan 22, 2017
Japanese carmaker Toyota is expecting its vehicle sales in India to remain flat during the current year mainly on account of uncertainty in the market post demonetisation.
Fri, Jan 13, 2017
Toyota Motor Corp says it is recalling another 543,000 vehicles in the United States (US) for defective front passenger air bag inflators made by Japan's Takata Corp.
Tue, Jan 10, 2017
Auto executives rushed to offer fresh evidence of US investments at the start of the Detroit auto show on Monday, amid pressure from President-elect Donald Trump to repatriate manufacturing jobs.
Mon, Jan 09, 2017
The head of the Volkswagen (VW) brand of cars said his company would continue to manufacture in Mexico and pledged to produce electrified vehicles in the United States (US).
The global auto industry on Monday was bracing for more confrontational tweets from President-elect Donald Trump, with the festive Detroit auto show due to kick off here.
Tue, Dec 27, 2016
Carmakers across the board have issued statements of price hikes beginning January 1, 2017. Moreover, they are offering great discounts and offers on cars if bought in December 2016 itself.
Sun, Dec 25, 2016
Homegrown auto major Mahindra & Mahindra (M&M) plans to increase prices of its vehicles by up to Rs 26,500 from January as it looks to partially offset rising input costs.
Tue, Dec 13, 2016
This is the fourth car company to announce a hike in price in the last two weeks.
Mon, Dec 12, 2016
Car companies for over the last three years have been hiking the prices in January to push sales in December. Will it work this year?
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