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HindustanTimes Mon,22 Dec 2014

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February car sales sink to 12-yr low: siam

India’s car sales in February saw the steepest monthly decline in 12 years and looks headed for the worst annual performance in more than a decade as a slow economy and high interest rates pressured automobile makers, industry data revealed on Monday.

M&M launches new Reva @ Rs. 596,000

The first major all-electric offering by a mass market manufacturer in India came on Monday, when Mahindra and Mahindra launched the latest model of the erstwhile Reva, the ‘e2o’, at a price of Rs. 5.96 lakh (on road Delhi).

Volkswagen recalls more than 384,000 cars in China

Volkswagen said today it would recall 384,181 vehicles in China over gearbox defects, marking the German auto giant's biggest ever recall in the world's largest auto market.

Unseasonal rain of discounts in cars

The winter sale may have ended, but for car buyers, this may be the best time to hunt for a bargain. Sumant Banerji reports. The cut-price caravan

Enfield eyes 250-cc motorcycle to take on Bajaj, Honda

Royal Enfield, maker of the iconic Bullet motorcycle, is learned to be contemplating a 250-cc motorcycle for the Indian market. The bike, which sources say is in the early stages of development, may go on sale some time next year, writes Rachit Vats.

Maruti launches new SX4, price unchanged at Rs. 7.38 lakh

The country's largest car maker Maruti Suzuki India today launched an all new version of its mid-size sedan SX4, with price remaining unchanged in the range of Rs. 7.38-9.79 lakh (ex-showroom Delhi) for both its petrol and diesel versions.

SUV Tax on cars below Rs. 10 lakh should be reconsidered: Patel

Heavy industries and public enterprises minister Praful Patel today favoured vehicles priced below Rs. 10 lakh being exempted from the 'SUV-tax' announced in this year's Budget.

Honda recalls 145,573 vehicles

Japanese automaker Honda said today it was recalling 145,573 vehicles due to a fault that caused oil to leak onto some cars' exhaust pipes.

Audi launches R8 V10 in India

German luxury car maker Audi said today it has launched Audi R8 V10 plus at Rs. 2.05 crore onwards (ex-showroom, Maharashtra).

Reva remixed: a second coming

Mahindra e2o The old niggles are gone, and the car finally looks like a car. But at nearly double the cost of a small car, is it value for money?

Hyundai, Kia in major car recall

South Korea’s largest automaker Hyundai Motor and its affiliate Kia Motors planned to recall over 2 million vehicles in South Korea and the US for stop-lamp defects, the company said today.

This car does 1,000km on a litre of fuel

A team of engineering students from the UAE have designed a car that could potentially travel up to 1,000km on just one litre of fuel. The lightweight vehicle — which has been named Eco-Dubai 1 — is in its final stage of construction.

New car story: Big is beautiful

A new trend is fast catching on in the domestic automobile industry and befuddling industry experts. Small cars are no longer the toast of the town, and it is bigger, more expensive (and often diesel) vehicles that are making up the numbers. Sumant Banerji reports. Utiliyu matters

Car sales seen growing 3-5% in FY 2013/14: industry body

Car sales in India are forecast to grow between 3% and 5% in the current financial year, an industry body said today, following the first drop in sales in a decade in 2012/13.

Tough road ahead for India carmakers as boom market crashes

India's annual car sales fell for the first time in a decade in the financial year just ended and are expected to post subdued growth this year, calling into question bullish expectations that fuelled billion-dollar bets from global manufacturers.

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