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Porsche India director Pavan Shetty and Porsche Middle East and Africa FZE CEO Manfred Br¤unl, CEO pose with the new Cayenne Coup©.

Porsche bets big on rich Indians for electric cars

Believes the sport car will open up new customer segment.

14 Dec 2019 1:06 AM IST

Maruti, which sells one out of two cars bought in the country, sold 2.3 per cent more cars to 1,39,121 units last month against 1,35,948 units sold in October last year.

Cars to become costlier from January

Mercedes-Benz said it had revised the prices of its entire model range upto three per cent effective from the first week...

12 Dec 2019 2:30 AM IST

According to McKinsey & Co, the Indian automobile sector, employing millions and contributing more than 7 per cent to Indias GDP has been grappling with slowing sales since the Diwali festival season last year.

Vehicles back in slow gear; total sales down 12 per cent in November

Passenger vehicle sales, which include cars, utility vehicles and vans, fell 0.84 per cent year-on-year to 2.64 lakh...

11 Dec 2019 1:29 AM IST

With Yamaha continuing to perk up track performances with the R series, the new YZF-R15 Version 3.0 with BS VI-compliant engine and new features will be able to create optimum excitement in India in its category, Motofumi Shitara, Yamaha Motor India chairman, said.

Yamaha rolls out R15V 3.0 BS-4 bike

The upgrade to BS VI technology has resulted in a price increase of around `4,420 over the BS IV model.

10 Dec 2019 1:59 AM IST

The market witnessed a growing consumer shift from diesel to petrol.

Battle of the big boys

As the seltos becomes the market leader in the utility vehicle segment, we glance at how the category is shaping up in...

8 Dec 2019 1:42 AM IST

Mercedes GLC SUV

Mercedes-Benz GLC facelift for Rs 52.75 L

Priced at Rs 52.75 lakh to Rs 57.75 at pan-India showroom, the Mercedes GLC SUV comes in two options - GLC 200 and GLC...

4 Dec 2019 1:47 AM IST

The company is investing Rs 154 crore for now. The new facility, aimed at both the local and global markets, would directly employ 800 skilled operators and engineers.

GKN Aerospace to open new facility in Pune

The company is investing Rs 154 crore for now.

4 Dec 2019 1:46 AM IST

The decline in Marutis sales just when it looked like the worst was over in October, adds to the narrative of a deepening slowdown in the overall Indian economy now inching towards a recession.

Slowdown blues continue for automakers in November

On Friday, the government data showed GDP growth for the second quarter has slowed down to a 26 quarter low of 4.5 per...

2 Dec 2019 2:11 AM IST

TVS Motor drives in new Apache range

The Apache RTR 160 4V (drum) has been launched at Rs 99,950, while the RTR 160 4V (disc) has been priced at Rs 1.03...

27 Nov 2019 1:16 AM IST

We will touch Rs 200 crore sales turnover this calendar year ending December 2019 despite slowdown challenges, PL Muthusekkar, Managing Director at Nord Drivesystems India told Financial Chronicle.

Germanyâ€™s Nord opens third plant

The company has an installed capacity to produce 42,000 geared motors per annum.

22 Nov 2019 12:47 AM IST

New Maruti S-Presso enters top 10

Priced from Rs 3.69 lakh upto Rs 4.91 lakh, S-Presso was launched on September 30.

21 Nov 2019 2:01 AM IST

CFMoto, which has tied up with the Indian auto firm AMW which later changed its name to Anvita Autotech Works, has introduced four bikes called 300NK, 650NK, 650MT and 650GT priced at Rs 2.29 lakh, Rs 3.99 lakh, Rs 4.99 lakh and Rs 5.49 lakh respectively at pan India showroom.

Chinese bike maker CFMoto enters India

The Chinese firm has partnered with the Indian Anvita Autotech Works company to form a joint venture to sell the Chinese...

21 Nov 2019 1:44 AM IST