Besides large investment and technology breakthrough is required as presently the electric vehicles are very costly and hence only one per cent of the...
Mahindra & Mahindra Profit Declined by 20 % in Q1
According to the company, its standalone net profit during the quarter under review declined to Rs 765.96 crore from Rs 954.95 crore reported in the c...
Suzuki Motorcycle India Sales Up by 62 %
The growth was fueled by a strong domestic performance, where the sales for Suzuki Two-wheelers grew by 78 per cent over last year, the company said i...
BMW Might Take Electric Mini Manufacturing Outside UK; Brexit Impact
Over 200,000 Minis are produced in the UK annually and they employ more than 24,000 people and this move could result in significant job losses for UK...
BharatBenz Reduced Pricing After GST
Speaking on the occasion, Erich Nesselhauf, Managing Director and CEO, Daimler India Commercial Vehicles said, “With GST in place, we expect additiona...
Chennai Plant of BMW Starts BMW 5 Series Production
The all-new BMW 5 Series that will be launched this month has everything that is needed to take the Indian luxury car segment by storm.
May 2017 Registered Mixed Performance in the Automobile Industry
On a company specific basis, automobile major Maruti Suzuki's total sales rose 11.3 per cent to 136,962 units from 123,034 units sold during the corre...
Why Tesla’s Elon Musk Become Apprehensive on Entering India
As per the policy, after manufacturing in India, a foreign investor is permitted to sell its products in any manner – wholesale, retail or e-commerce....
General Motors India to Withdraws Sales of Chevrolet Brand in Indian Market
The company sold only 883 units of its eight model line-up under the flagship ship Chevrolet brand last month in India.
Honda Launches Honda WRV Car for Indian Market
Continuing with the features of the Jazz, this subcompact SUV's engine is maneuvered by a five-speed manual gearbox that transfers power to the front ...