Elio Motors' first commercial takes political jabs amid ongoing electoral cycle
The ban had severely impacted companies such as Toyota and Mercedes and moved buyers away from diesel cars
The Supreme Court order lifting an eight-month-old ban on sale of big diesel cars in the Capital
Maruti Suzuki and Tata Motors are launching powerful variants of Baleno and Bolt, respectively; both will produce peak power of more than 100bhp
Regulatory moves by Sri Lanka and Bangladesh, devaluation of Nigerian currency dent the market
Recall over a host of safety faults including defective headlights, airbags and possible fuel leaks
It also seeks FTAs with Philippines, Myanmar, and Vietnam, and presses for tariff cuts on component imports from Saarc nations
Automobile industry's turnover is about Rs 4.5 lakh crore at present
ICRA expects the industry to clock 8-10% growth for FY17.
Carmakers such as Ford, GM, Nissan and Volkswagen are pursuing aggressive exports strategy as sales in India are tepid
In the two-wheelers there was a shortfall of 42% with actual production in FY16 at 18.8 million units