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Maruti a favourite as June sales rise 20% on utility vehicles
Utility Vehicle (UV) sales (Gypsy, Grand Vitara & Ertiga) skyrocketed to 5,638 units from just 185 units in June last year. #Car manufacturers #passenger car sales #Maruti Suzuki #Suzuki SX4
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Mahindra plans to take on Tata with CNG Maxximo
Auto major Mahindra and Mahindra plans to take on rival Tata Motors in the mini-truck space with its newly launched CNG variant of Maxximo priced at Rs 3.99 lakh. #Tata Motors #Automotive industry #Car manufacturers #Compressed natural gas #CorporateStrate
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Maruti to launch fuel-efficient 800cc car by year-end
Automaker Maruti Suzuki announced that it will introduce a new 800cc car by the end of this year which will be more fuel efficient and expensive than Alto. #NewsTracker #Car manufacturers #Maruti Suzuki #Suzuki Alto
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Diesel vs Petrol: Are we killing the auto sector?
Dealers across the country are offering various discounts and value-added services to lure consumers to buy diesel cars before the additional tax comes into affect. #ToWhatEffect #Car manufacturers #Diesel #Tax #Mahindra and Mahindra #petrol cars
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Maruti, Suzuki merger will not result in any job cuts
Auto major Maruti Suzuki will merge Suzuki Powertrain which supplies diesel engines and transmission into itself. This proposed merger will benefit the combined entity through synergies in areas like finance, and capital structuring. #M&A #DealStream #Car manufacturers #Maruti Suzuki
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Mixed performance by automakers: Here are the losers and winners
In a paradox of events, though the demand for cars remains low, auto majors such as Mahindra and Nissan have posted handsome revenues while rivals Ford and Tata Motors saw a slide in revenues. #Numbers #Tata Motors #Automotive industry #Car manufacturers
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Rupee effect: Will India become sourcing hub for global auto majors?
Indian auto makers are reducing imports of car parts and buying parts locally as rupee fell by 26% against the yen. This will prove to be a good move in improving operating margins for these companies. #Bajaj Auto #Rupee #Car manufacturers #Mahindra & Mahindra Limited #Maruti Suzuki #SUVs #ToWhatEffec
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Nissan chases China, anchors in Hong Kong
Nissan's upscale Infiniti brand unveiled its new global headquarters in Hong Kong on Tuesday, as the Japanese automaker uses the southern Chinese financial center to grab a bigger piece of the world's top car market. #Nissan Motor #Car manufacturers #Why Now
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Fiat's full-fledged solo services in next 18 months
Fiat India, which recently called off its distribution alliance with Tata Motors, is bullish about its prospects in the country, saying within the next 12 to 18 months it will be able to stand on its own with around 100 exclusive sales and service centres in place. #India #Tata Motors #NewsTracker #Car manufacturers #Fiat
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BMW in talks with Hyundai on engine tie-ups: report
German premium carmaker BMW and South Korean carmaker Hyundai Motor are in discussions on a tie-up on engines and other areas, a source who has direct knowledge of the matter told Reuters, without giving details. #NewsTracker #Automotive industry #Car manufacturers #Seoul #Hyundai #BMW