Auto makers had sold more than 2.6 million passenger vehicles in fiscal 2015, a 3.9 per cent increase from the year before.
The wage agreement with workers at its Manesar and Gurgaon plants will set a new benchmark for the automobile industry in India.
Starting at an aggressive price of Rs 2.56 lakh, ex-showroom, challenging rivals such as Maruti Suzuki’s Alto and Hyundai’s Eon.
Ford launched Figo with six airbags in the top variant and two airbags to protect the driver and co-driver as standard fitment.
Online automobile classifieds firm CarTrade is in the final round of discussions to acquire rival CarWale Group for about $120 million.
HCIL on Friday announced that it will voluntarily replace airbag inflators of 223,578 vehicles of 'previous generations' of CR-V, Civic, City and Jazz.
Arvind Dham is in the middle of a mess, triggered by a voracious appetite to acquire companies, thus over-stretching the group’s balance sheet.
This is a short-term issue that we are solving: John Flintham, Vice Chairman and Global CEO, Amtek Auto
The company is looking to sell-off some non-core businesses in India and abroad which would help to generate around $1 billion, informed John Flintham.
The TUV300 is powered by a 1.5-litre mHawk 80 3-cylinder diesel engine with a two-stage turbocharger capable of delivering 84 hp and 230 Nm of torque.
The New Delhi-based company currently makes tyres for four-wheelers, buses and trucks and will take on giants MRF, Ceat and TVS.
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