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Car sales increased by 4%

Domestic passenger-car sales soared in the first month of fiscal 2009-2010 by 4.20 per cent. In this month, 1,02,899 units were sold compare to the 98,752 units a year ago. On the other hand, commerci

Meenal

May 11, 2009

Tata Motors collaborates with Central Bank of India

India's leading car manufacturer Tata Motors is now collaborating with Central Bank of India for financing its passenger vehicles. Before this Tata Motors has created collaborations with SBI (State Ba

Vikas

May 08, 2009

No control over car price high: official

Government has no control over car price hike! Yes, the officials said that if there is any tax-payers' money involved, the government will monitor that otherwise not. A senior government official sai

Vidyadhar

May 06, 2009

Another small car to come up in June

A West Bengal based automobile company is all set to launch a small car by June this year. Its Ural India which is prepared to launch the car with a Russian firm. The small car would be priced around

Meenal

May 05, 2009

Car companies enjoying recession! Thanks to stimulus packages

Car companies are enjoying recession time! Surprised to listen the news. But its true. For the consecutive fifth month, car markers saw robust sales in April. Two wheeler companies are not far behind.

Meenal

May 02, 2009

Chinese Auto Giants want to make foray into Indian car market

The Chinese dragon has set its eyes on the Indian car market. Two leading automakers, Chery Automobile and Great Wall Motors are planning to enter India soon through joint ventures, senior company off

Vikas

May 01, 2009

Auto companies to target domestic market

Many Auto companies will launch their small cars in India in one or two years. It include Toyota, Volkswagen, Ford, BMW and Skoda. These companies are saying that they will target domestic market at s

CarDekho

Apr 30, 2009

Localisation of imported cars to benefit CCM

More emphasis on localisation of imported cars may benefit local Car component maker (CCM) in the country. The foreign who are planning to have their new platforms in India includes BMW, Skoda, Volksw

Vikas

Apr 27, 2009

Ashok Minda Group to invest Rs 125 cr in Uzbekistan

Ashok Minda Group, Delhi-based auto component maker, is planning to invest $25 million or Rs 125 crore to set up a new manufacturing facility in Uzbekistan. The new facility will help to reach and pro

Ritesh

Apr 18, 2009

SBI to become sole lander for Tata Nano

India's largest Public Sector bank State Bank of India has made a tie up with car manufacturer Tata Motors to finance India's most awaited car Tata Nano. SBI's chief general manager Jayanta Kumar Sinh

CarDekho

Apr 16, 2009

Indian automobile sector registered a 57% growth in exports

At the time when all major car exporter and maufacturers are struggling to sell their vehicles the Indian car manufacturers are registering a growth in overseas markets. According to SIAM reports the

Vidyadhar

Apr 13, 2009

Diesel engine attract car makers too

Diesel engine is liked by customers. The fact is forcing carmakers to think over the new trend. Due to the popularity of diesel cars, more and more car makers are coming up with diesel variants of the

Meenal

Apr 11, 2009

Industry will be back on fast track this FY: SIAM

The Society of Indian Automobile Manufacturers (SIAM) predicted that the auto industry will be back on the fast track this fiscal after a poor 2008-09. SIAM’s Director-General Dilip Chenoy clarify tha

Vikas

Apr 10, 2009

Auto market size to reach over 2.6 million by 2014: JD Power

India’s auto market is likely to reach over 2.6 million by 2014, despite the global slowdown affecting consumer sentiment and demand. The current market size is around 1.5 million vehicles. It means t

Ritesh

Apr 10, 2009

Auto sales manage to be positive, rise 1 per cent YOY

The Indian Auto industry somehow managed to record positive growth in the fiscal ended March 31. With the help of government’s stimulus packages, the car sale in India rose 0.71 per cent from a year e

Vikas

Apr 08, 2009