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Retail sales of passenger vehicles decline 9% in Dec

New Delhi, Jan. 22 -- Despite hefty discounts, retail sales of passenger vehicles (PV) in December fell by 9% year-on-year (y-o-y) to 215,716 units, according to data released by the Federation of Aut... Read More


Hyundai bets on diesel to narrow gap with Maruti

New Delhi, Jan. 22 -- Hyundai Motor India Ltd, the country's second-largest carmaker, is betting on diesel vehicles to narrow the sales gap with market leader Maruti Suzuki India Ltd, which will stop ... Read More


To ride out auto slump, Maruti revamps ops at Nexa outlets

NEW DELHI, Jan. 17 -- India's largest automaker, Maruti Suzuki India Ltd, is retooling its business operations for the premium Nexa chain of dealerships to tide over the demand slump in the automobile... Read More


PV sales see marginal decline in December despite a lower base

NEW DELHI, Jan. 17 -- Indian passenger vehicle sales dipped in December despite a low base in the year-ago month, indicating that the sector's woes are far from over amid the current economic slowdown... Read More


CK Birla Group's NEI acquires Kinex Bearings

New Delhi, Jan. 15 -- CK Birla group-owned National Engineering Industries Ltd (NEI) on Wednesday announced the acquisition of Slovakia-based automotive 'bearing manufacturer Kinex Bearings. The Delhi... Read More


CK Birla group firm NEI acquires Slovakia-based Kinex Bearings

New Delhi, Jan. 15 -- CK Birla group-owned National Engineering Industries Ltd on Wednesday announced the acquisition of Slovakia based automotive bearing manufacturer, Kinex Bearings. The New Delhi-b... Read More


MG Motor looks to set up second plant

New Delhi, Jan. 13 -- Buoyed by the success of its first model, MG Motor India Pvt. Ltd is gearing up to set up a second manufacturing plant in the country to meet demand for its vehicles, a top compa... Read More


Passenger car sales fall 1.24% in Dec

New Delhi, Jan. 11 -- Indian passenger vehicle (PV) sales dipped in December despite a low base in the year-ago month, indicating that the sector's woes are far from over amid the current economic slo... Read More


To ride out auto slump, Maruti revamps ops at Nexa outlets

New Delhi, Jan. 9 -- India's largest automaker, Maruti Suzuki India Ltd, is retooling its business operations for the premium Nexa chain of dealerships to tide over the demand slump in the automobile ... Read More


M&M aims to expand electric vehicle offerings to counter competition

New Delhi, Jan. 9 -- India's electric vehicle leader Mahindra and Mahindra Ltd is planning to launch a slew of products in the segment over the next two years including its first affordable electric v... Read More