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Harley-Davidson exits India as losses mount

New Delhi, Sept. 25 -- Iconic American motorcycle maker Harley-Davidson Motor Co. has decided to exit India, its departure dropping the curtain on a troubled stint in a lucrative market for two-wheele... Read More


Mercedes-Benz sells over 500 luxury cars online

Mumbai, Sept. 23 -- German luxury carmaker Mercedes-Benz India Pvt Ltd has sold more than 500 cars through its online portal over the last three months after the domestic market came out of the covid-... Read More


HAAH Automotive reaches out M&M to invest in SsangYong

Mumbai, Sept. 21 -- US-based automobile distributor HAAH Automotive Holdings has reached out to India's Mahindra & Mahindra Ltd (M&M) with an offer to invest USD 258 million in the latter's Korean sub... Read More


Covid sparks distress sale of luxury cars

New Delhi, Sept. 21 -- Luxury car owners are desperately trying to dispose of their premium vehicles at a fraction of the purchase price as the pandemic and lockdowns impact businesses and jobs across... Read More


Pickup in building activity pushes up demand for tippers

Mumbai, Sept. 18 -- Sales of tipper trucks, concrete mixers and other heavy vehicles have been growing following a pick up in construction activities, though demand for other medium and heavy commerci... Read More


Tata Motors ready to sell stakes in two units

New Delhi, Sept. 18 -- Tata Motors Ltd has initiated the process of selling stakes in units Tata Technologies Ltd and Tata Hitachi Construction Machinery Co. Pvt. Ltd as part of its ambitious plan to ... Read More


Toyota says committed to India market, industry seeks viable tax structure

MUMBAI, Sept. 15 -- Toyota Kirloskar Motor India Pvt Ltd (TKM) on Tuesday said the auto industry seeks a viable tax structure to sustain in the wake of the pandemic-induced slowdown. The company conti... Read More


Tata Motors preps for festival bounce

New Delhi, Sept. 14 -- Riding a pandemic-fuelled demand for both small cars and sports utility vehicles, Tata Motors has ramped up monthly production to 16,000-18,000 cars for the coming months, three... Read More


'We see a higher market share growth in big cities'

New Delhi, Sept. 14 -- Tata Motors sold more than 18,000 passenger vehicles in August and expects the demand momentum to sustain through the coming months on the back of an extended festive season. Sp... Read More


Ashok Leyland aims to tap new territories with all-new LCV platform

Mumbai, Sept. 14 -- Ashok Leyland Ltd aims to expand its presence in the growing light commercial vehicle (LCV) market in India and other countries on the back of the all-new and modular Phoenix platf... Read More