Japanese automaker Toyota and German luxury carmaker Mercedes-Benz are considering price hike in India in the wake of the weakening rupee.
Utility vehicles major Mahindra & Mahindra (M&M) plans to drive in multiple versions of its entry-level models KUV100 and TUV300, catering to different sets of customers, a senior company official said.
Skoda Auto India Friday said Pavel Richter will take over as Production Technical Director of the Skoda-led India 2.0 project of Volkswagen Group with effect from November 1, 2018.
French Economy minister Bruno Le Maire said that talks with Belgian transmissions supplier Punch Powerglide over the purchase of Ford’s (F.N) Blanquefort gearbox plant in southwestern France should be concluded next month.
The largest luxury car maker Mercedes-Benz, which controls over 40 per cent of the market, Thursday launched a new C-Class, one of its most popular executive saloons, with BS VI diesel engine.
Fitch Ratings Thursday revised the outlook on Tata Motors to 'negative' from 'stable' on expectations of rising negative free cash flow in the current and the next financial year, following upward capex revision at subsidiary Jaguar Land Rover.
German carmaker Mercedes-Benz does not yet see a "viable business case" to launch electric vehicles in India due to lack of clear policy and incentives to sell such models in the country, a senior company official said.
Volkswagen AG (VOWG_p.DE) will end almost of all its operations in Iran, Bloomberg reported, citing a U.S. official who led the discussions with the carmaker.
Japan’s automakers association said it hoped that the North American Free Trade Agreement would maintain its current framework as the United States, Canada and Mexico update the trade pact amid growing trade tensions between the United States and its trading partners.