Motorcycle maker Royal Enfield today unveiled its 500cc bike Thunderbird 500, which will hit the Indian roads later in the year.
German car-maker BMW on Thursday launched its M5 luxury sedan in the Indian market at an ex-showroom price of
Rs. 95.9 lakh.
The BMW Group on Thursday launched its iconic Mini brand in India with four models priced up to
Rs. 31.99 lakh after having decided against such a move in the past.
German car-maker Volkswagen on Wednesday said it will invest a minimum of Rs. 2,000 crore on its Indian operations by 2013 to ramp up capacity, launch new models and strengthen research activities.
BharatBenz, the German truck major Daimler’s Indian avatar, will launch 17-19 trucks in the 6 to 49 tonne category in the next 18-20 months. Determined to break into the mass market truck segment ruled by Tatas and Ashok Leyland, BharatBenz’s pricing strategy will be similar to the Indian majors, thanks to 85% local content in its products.
Italian auto major Fiat on Tuesday said it would start setting up an independent sales and service network in India across the top 20 cities by 2015, in an exercise expected to pull the company out of a rut.
Indian car companies signed off 2011 on a positive note with robust sales growth in December, even as market leader Maruti Suzuki continued to play spoilsport.
HT reports.
Some good news for automakers
India's biggest auto maker Maruti Suzuki today said that its monthly sales for December fell 7.1 % year-on-year, as demand for cars weakened due to rising fuel costs and high interest rates.
The sole purpose of GM while building the Volt was to address range anxiety. Engineered to override the nagging fear you have in an electric car, when the charge in your battery is running low, the Volt is an electric car whose range can be infinitely extended by using a petrol engine as an electric generator.
If you are looking for a combination of performance and mileage, then the Hyundai i20, with its punchy yet frugal 90bhp engine is the one for you.
Auto major Tata Motors will be replacing the starter motor on all the Nanos - some 140,000 of them - sold till November, for free.
A bumpy ride for Tata NanoToyota Motor Corp on Monday launched the world's most fuel-efficient hybrid car, as the company looks to fight off competition from pure electric vehicles.
Vijay Munjal-led electric two-wheeler maker Hero Electric on Wednesday said it has acquired UK-based erstwhile partners Ultra Motors for an undisclosed amount to emerge as one of the largest electric two wheeler manufacturers with a presence in over 22 countries.
Swedish busmaker Volvo on Thursday said it expects 50% of its global revenues to come from Asia by 2015, led largely by growth in markets like India and China.
HT reports.
Even as the negotiations for the impending India- European Union (EU) free trade agreement (FTA) seem to have entered the last stage, heavy industries minister Praful Patel has written to Prime Minister Manmohan Singh expressing concerns on the adverse impact of such a move on the domestic industry. HT reports.