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Maruti Suzuki raises production target by 6% for this fiscal amid hopes of slight recovery in auto sector
Business

Maruti Suzuki raises production target by 6% for this fiscal amid hopes of slight recovery in auto sector

Last month, Maruti Suzuki increased its production by 4.33 percent, after having reduced output for nine straight months due to lower demand.

Maruti ramps up production of Vitara Brezza to cut waiting period; firm sells 95,000 SUV units in April-October period
Business

Maruti ramps up production of Vitara Brezza to cut waiting period; firm sells 95,000 SUV units in April-October period

The company has increased production of the vehicle by 10 percent to 94,000 units during April-October period of the current fiscal.

It's official: Bankrupt Saab finally gets a buyer
Business

It's official: Bankrupt Saab finally gets a buyer

In recent months, a handful of suitors have bid for Saab amid rumors that a Swedish consortium, National Electric Vehicle Sweden, would be the potential new owner.

Ford reiterates auto majors' grievance against duty on diesel cars
Business

Ford reiterates auto majors' grievance against duty on diesel cars

The car major said imposing additional tax on diesel vehicles will create an uncertainty on future investments in the country.