China auto sales up 3.3% in March

Last Updated: Thursday, April 9, 2015, 15:19

Vehicle sales had slipped 0.2 percent from 2014 in February.

'Indian auto sector needs policy support to realise potential'

Last Updated: Wednesday, March 4, 2015, 22:54

Slowdown in major global auto markets like China, Europe and Brazil offers India an opportunity to attract foreign investments but it will have to improve infrastructure as well as ease of doing business, and frame a policy to boost the sector, says JD Power.

Volvo selling up to $300 mn worth of Eicher shares

Last Updated: Tuesday, March 3, 2015, 19:19

Truck maker Volvo is looking to sell $250 million worth of shares in Eicher Motors, with an option to increase the sale to up to $300 million, according to a term sheet seen by Reuters on Tuesday.

Auto sector welcome EV boost, unhappy with excise rate

Last Updated: Saturday, February 28, 2015, 19:22

"We were looking forward to a stronger emphasis on the automobile industry from Budget 2015 but there doesn't seem to be much momentum on that front," Nissan India Operations President Guillaume Sicard told PTI.

GM ignition-switch death toll climbs to 56

Last Updated: Tuesday, February 17, 2015, 23:05

The General Motors death toll from faulty ignition switches has climbed to 56 from 51 as the automaker`s independent compensation fund weighs claims after the massive car recall.

GM investor seeks board seat, $8 billion stock buyback

Last Updated: Wednesday, February 11, 2015, 05:01

Chief Executive Mary Barra`s plan to keep a big cash cushion for General Motors Co is under attack from a group of shareholders led by a member of the auto task force that helped restructure the company during its 2009 bankruptcy.

Maruti Suzuki sales up 14% at 1,16,606 units in January

Last Updated: Monday, February 2, 2015, 11:51

The company said its domestic sales increased by 9.3 percent during the month to 1,05,559 units as against 96,569 units in January 2014.

Rolls-Royce looks to tap Indian billionaires

Last Updated: Sunday, February 1, 2015, 20:32

With India forecast to be world's fastest growing major economy by 2016-17, super luxury car maker Rolls-Royce is gearing up to tap the country's billionaires with new models, including new convertible and a potential SUV.

Suzuki's Gujarat plant work to start on Jan 28

Last Updated: Friday, January 23, 2015, 20:39

Japanese auto giant Suzuki Motor Corporation (SMC) Friday said construction of its Rs 4,000- crore car manufacturing plant in Gujarat will start next week and the work will be completed by 2017.

Too little too late, automobile cos say on RBI rate cut

Last Updated: Thursday, January 15, 2015, 17:00

Automobile manufacturers today termed the RBI's decision to reduce interest by 25 basis points as "too little, too late" although they hoped that it would lead to softening of lending rates in future.

India's car exports down, two-wheelers pick up

Last Updated: Sunday, January 11, 2015, 11:50

Up against road blocks in the traditional export markets, overseas shipments of passenger cars declined by 2.65 percent last year to 5,47,087 units.

Auto industry to face stress due to stricter regulatory norms

Last Updated: Thursday, January 8, 2015, 17:35

The pressure would also increase because of emergence of new product segments, says the report based on the findings of 'KPMG Global Automotive Executive Survey'.