On Wednesday, Maruti's managing director & CEO Kenichi Ayukawa told FE there are no immediate plans to launch electric cars as the government support is not enough and cost of developing them is too high.
China-based manufacturers, including MG Motor, Great Wall Motor and FAW group, which had booked around 20% of the total space of around 40,000 square metres, were mostly represented by their Indian counterparts despite the pr
Even as auto majors showcased an exciting range of upcoming vehicles at the ongoing Auto Expo, the mood around sales remained somber as the passenger vehicle industry is going through one of the worst slowdowns in two decades
Retail two-wheeler sales rose 5% year-on-year (y-o-y) in October and 3% y-o-y in November on account of festive demand and a steep rise in discounts. As a result, inventory had come down to three-week levels. However, retails
The country’s second-largest passenger vehicle manufacturer, Hyundai Motor India, has indicated that for its BS-VI vehicles, it’s not going to pass on the entire increased cost to consumers but will absorb a portion of it
On the other hand, the yearly volumes of utility vehicles, the likes of which are Maruti’s Vitara Brezza and Hyundai Creta, have touched around 9.5 lakh units currently as against 5.8 lakh units in FY16, a growth of 64% ove
Chinese SUV maker Great Wall Motors, which is yet to start Indian operations, will come up with at least three electric cars. Among others, Renault India, Audi and Mercedes Benz will be displaying their portfolio of electric
The wage revision is part of a regular exercise undertaken by auto companies once in three years. With the revision, the workers would have received a salary hike of around Rs 25,000 each over the next three years.
The ambitious target stems from the fact that the SUV sales have been growing at a brisk pace for the last five years, thanks to more than a dozen models launched by several manufacturers and consumer interest slowly shifting