Page 3 - Car Makers

Ford Motor pulls the plug on plans to cede India business to Mahindra

Ford took a $799 million impairment charge in 2019 in anticipation of the asset transfer to Mahindra to account for what it called fair value less cost to sell

India seeks comment on proposal to make airbags mandatory for cars

India on Tuesday sought public comment on a proposal to make airbags mandatory for the front passenger in all cars from next year

Lamborghini India to bring in raft of new models from Q2 of Calendar 2021

The Italian super carmaker riding on hopes of a recovery

Ford India to increase prices of vehicles by 1-3% from January

Maruti Suzuki India also announced a planned hike in prices on Wednesday

Maruti to increase car prices from Jan as raw material gets costlier

Raw material prices like steel,aluminium, copper and rubber are increasing with the full impact of cumulative increases to be felt in Q3 and Q4 of this financial year

Long, steady auto demand depends on economy, Covid situation: Maruti Suzuki

Passenger vehicle retail sales in November witnessed a year-on-year rise of 4.17 per cent to 2,91,001 units as Diwali-Dhanteras period led to rise in vehicle registrations

Kia Motors India aims to reach optimal capacity utilisation by 2022

The local arm of the Korean carmaker has been riding high on Sonet and Seltos in the domestic market in less than two years since it rolled out the first model

Can Toyota Kirloskar-workers' standoff be test case for labour reforms?

Labour unrest is not new to this 23-year-old plant - there have been at least four since it was set up, with one lockout in 2014 stretching for over a month

Uptick in passenger vehicle sales to raise aftermarket demand: ACMA

The automotive industry is shifting gears as it witnesses an uptick in vehicle consumption in the second quarter of the current financial year, ACMA said

How multinational carmakers are being squeezed out of Indian market

The combined market share of these multinationals (MNCs) declined to 21.3 per cent in FY20 from a record high of 28.1 per cent in FY17

Car makers pull all stops to beat the pandemic blues ahead of festivals

The benefits range from cash discounts, attractive EMIs to Covid-19 cover

Car makers drive in top-of-the-line models in defiance of slowdown

Buyers have been lapping up new model launches, show booking and sales trends

Riding out the Covid-19 crisis: Auto shows pick-up signs in rural India

Maruti Suzuki India, the country's largest carmaker, on Wednesday reported a 53.8 per cent year-on-year decline in domestic passenger vehicle sales to 51,274 units in June due to Covid-19 crisis

Nissan, Renault to disclose plan to slash production due to Covid shutdowns

The moves are set to undo the growth strategy pushed earlier by Carlos Ghosn, former leader of both companies, to sell around 14 million cars by 2022

Auto dealers are coming together to walk online trail to stay in the game

As carmakers and customers engage directly via digital channels of commerce, the country's 15,000-odd dealerships explore ways to stay in the game

Hyundai plans $51 billion investment in 6 years with focus on e-vehicles

The South Korean carmaker unveiled a 'Strategy 2025' roadmap that envisaged annual average spending of 10 trillion won, higher than previous years, and up from a 2018 figure of 6.1 trillion won

'Ride shock' awaits car buyers waiting for better offers ahead of BSVI

The discounts that were available on cars last month continue this month - but they are lower

Agile, but not fragile: How business can strike the right balance

In the current market slowdown, companies can go too far in the pursuit of agility, threatening profits and operations and ultimately making themselves more fragile than they need to be

How auto companies are wooing reluctant buyers amid slowdown gloom

Stuck in the slow lane, promotions, advertising and customer engagement are of critical importance say the companies.

Kia Motors makes India debut, launches Seltos SUV starting of Rs 9.69 lakh

The company has already seen as many as 32,035 bookings till date