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Plan to raise top-end luxury car market share: Mercedes-Benz India MD

MUMBAI, Nov. 4 -- In an attempt to increase its top-end luxury car market share and drive domestic sales of cars typically priced above Rs.80 lakh, Mercedes-Benz India Pvt Ltd has started the local as... Read More


Festivals drive up auto sales

New Delhi, Nov. 2 -- Passenger vehicle sales in India accelerated in October for the third straight month this fiscal year, buoyed by demand during the festivals of Navratri and Dussehra, as well as a... Read More


Maruti Suzuki's October wholesales surge 19% on festive demand

MUMBAI, Nov. 1 -- India's largest carmaker Maruti Suzuki India Ltd (MSIL) has reported a 19% surge in its October wholesale volumes at 182,448 units, including exports. Powered by festive demand, Mar... Read More


M&M October wholesales decline 14.5% year-on-year

MUMBAI, Nov. 1 -- Mahindra and Mahindra Ltd (M&M) on Sunday said its total October vehicle wholesales, including exports, stood at 44,359 units, declining 14.5% from 51,896 units dispatched during the... Read More


Jaguar Land Rover may deepen Tata Motors' losses in Q2FY21

MUMBAI, Oct. 27 -- Tata Motors Ltd is yet again expected to report a sizable loss for the September quarter due to subdued performance of its luxury arm Jaguar Land Rover, and commercial vehicle busin... Read More


Bajaj Auto plans a dedicated plant for electric scooter Chetak

Mumbai, Oct. 23 -- Pune-based manufacturer of two- and three-wheelers Bajaj Auto Ltd is planning to set up a dedicated production plant for its electric scooter Chetak. In an interview to CNBC-TV18 o... Read More


India needs to build greater scale to localise more: Skoda Auto Volkswagen

New Delhi, Oct. 23 -- A larger manufacturing scale is required for India's passenger car market to drive deeper localisation of parts in line with the central government's Atmanirbhar Bharat program, ... Read More


Ashok Leyland sees demand recovery in intermediate commercial vehicles

Mumbai, Oct. 22 -- An increase in consumption of essential goods and an uptick in industrial production in the build up to the festive season is beginning to drive demand recovery for the intermediate... Read More


Expansion of premium bike portfolio held up margins in Q2: Bajaj Auto

Mumbai, Oct. 22 -- Two- and three-wheeler manufacturer Bajaj Auto Ltd, which reported a 19% YoY drop in its profit after tax at Rs.1,138 crore and 8% decline in its turnover at Rs.7,442 crore during t... Read More


Bajaj Auto September quarter profit declines 19%

Mumbai, Oct. 22 -- Pune-based Bajaj Auto Ltd has reported a 19% year-on-year decline in its standalone profit to Rs.1,138 crore for the September quarter this year. The company attributed the drop in... Read More