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.
Homegrown mobile handset maker Micromax co-founder Rahul Sharma Thursday announced his foray into smart mobility with the unveiling of an electric motorcycle which is expected to hit the roads by June this year.
Volvo Car India on Thursday reported 25 per cent increase in retail sales in 2018-19 at 2,687 units as against 2,157 units in the previous fiscal.
FCA India launched the 'Sport Plus' variant of its SUV Jeep Compass, priced at Rs 15.99 lakh. The SUV comes with additional new features as standard, such as 16-inch sporty alloy wheels, dual-zone auto air-conditioning, rear parking sensors and black roof rails.
Tata Motors owned Jaguar Land Rover (JLR) Tuesday said it plans to launch multiple electrified models, including hybrid and battery operated vehicles in India, starting this year.
Total motorcycle sales during the month grew by 20 per cent to 3,23,538 units from 2,69,939 units in the same month last year, the company said in a BSE filing.
Shares of Tata Motors zoomed 7.5 per cent on Monday after its British unit JLR said it expects improved financial results in the quarter to March 31, 2019.
Domestic tractor sales in March 2019 were at 18,446 units as against 27,155 units in the year-ago month, down 32 per cent, it added.
The company had sold 1,60,598 units in March last year, Maruti Suzuki India (MSI) said in a statement.
Toyota Kirloskar Motor (TKM) Monday reported marginal increase in total vehicle sales in March to 13,662 units, compared with 13,537 units in the same month last year.