Nissan settles dispute with Tamil Nadu over unpaid dues, damages; begins process to withdraw international arbitration: Report
The dispute arose after Nissan said Tamil Nadu hadn’t paid certain incentives under a 2008 agreement to set up a car plant in the southern state.
The auto industry is already reeling, with sales of cars, SUVs, trucks and motorbikes falling 18 percent last fiscal year to 21.5 million vehicles due to an economic slowdown.
The car uses autonomous driving technology- joysticks that can pivot left and right to manoeuvre.
The driver and passengers can control essential aspects of the vehicle with a simple 'Hello Blue Link' voice command.
Maruti Suzuki, M&M post rise in domestic auto sales in December; Hyundai, Toyota witness negative growth
The country's largest carmaker Maruti Suzuki India and Mahindra & Mahindra on Wednesday reported rise in their domestic sales in December, even as Hyundai and Toyota posted negative growth
Demand slump continues in April: What falling car, two-wheeler sales figures tell us about state of Indian economy
While car sales largely indicate the demand scenario in urban segments, two-wheeler sales reflect both urban and semi-urban demand and tractor sales the rural India demand scenario.
Homegrown automakers Tata Motors and Mahindra & Mahindra (M&M) on Thursday reported a decline in sales for April, hit by subdued demand in the market
Auto majors Maruti Suzuki India, Hyundai and Mahindra & Mahindra reported single-digit sales growth in the financial year ended 31 March, as slowdown hit passenger vehicles demand for almost nine months of the year
South Korean automaker Hyundai Motor in talks with Ola, may invest $250 million in latest funding round
The deal, which is at advanced stages of discussion, is likely to close in next few weeks. The investment will give Hyundai about a 4 percent stake in Ola
Narendra Modi's 'Make in India' a casualty as steel, auto firms spar over sourcing; minister seeks relaxation in import rules
The steel ministry in August announced stringent import rules for some high-grade steel products that are sourced by carmakers from countries such as Japan and South Korea but not yet manufactured in India.
Ford goes local in India, aims for bigger slice of competitive market; co develops low-cost dealership format
It’s early days yet, and Ford still accounts for less than 3 percent of total passenger vehicle sales in India, where analysts say it’s tough for auto manufacturers to make money.
According to the data compiled by the Society of Indian Automobile Manufacturers (SIAM), MSI's premium hatchback Swift stood at the first position with sale of 22,228 units in September as against 13,193 units, a year ago.
Hyundai's partnership entails development of an innovative way of car sharing service and conducting creative marketing activities in India
Rakesh Srivastava quits Hyundai India after working there for six years; will now pursue other interests
Srivastava, who joined the company as Vice President, has played a key role in the company's growth during the period strengthening its position as the second biggest player in the passenger vehicles segment.
Vehicle sales across categories registered a rise of 17.44 percent to 23,79,718 units from 20,26,373 units in April 2017, SIAM said
In a statement, Hyundai Motor said it would suspend operation of its Alabama plant for two days, between Monday and Wednesday.
Car major Hyundai Motor India Ltd will ship out its new and high strength Verna sedan model starting later this year, an official said on Friday.
Ola and Uber wait expectantly as India examines the use of private cars as shared taxis in major cities
Allowing the use of private cars as taxis would improve the supply of vehicles at a low cost, say analysts.
Samsung is the biggest manufacturer of large appliances in the United States with a market share of around 19 percent,
According to the watchdog, the arrangements perpetuated by the company caused hindrance in the distribution of goods and provision of services in relation to new cars