Maruti Suzuki India (MSI) said Tuesday it has launched a new version of its entry-level hatchback Alto 800, priced between Rs 2.93 lakh and Rs 3.71 lakh (ex-showroom Delhi).
Skoda Auto India on Monday said it has introduced an assured buyback programme for its premium sedan Superb.
South Korean auto major Hyundai is looking at various options for sourcing electric vehicle (EV) components in India, including local manufacturing of battery parts, a top company official said.
At events this week ahead of the Shanghai Auto Show, the No. 1 U.S. automaker plans to unveil two small SUVs that will be part of a new family of sedans and SUVs the automaker forecasts will make up one in five of its global vehicle sales by 2023.
Chennai-based TVS Motor Co, Suzuki Motorcycle India and Piaggio have gained shares in the Indian scooter market, which witnessed a marginal decline in sales in 2018-19.
Automobile dealers' body FADA on Wednesday said retail sales of passenger vehicles (PV) in March declined by 10 per cent to 2,42,708 units as compared to the same period last year.
Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will likely see the U.S. automaker cease independent operations in the country, two sources with direct knowledge of the talks told Reuters.
Domestic passenger vehicle sales rose 2.7 percent in the 12 months to March 31, according to data released by the Society of Indian Automobile Manufacturers (SIAM), in a sign of cooling demand even in one of the world’s fastest growing car markets.
Auto industry has approached the government to cut GST on passenger vehicles and two-wheelers from 28 per cent to 18 per cent to compensate the sector, which is expected to see price hike in range of 10-15 per cent with the coming of new emission and safety regulations.