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GM India to phase out Aveo, Optra

28 Jun 2012 1:56 PM GMT
General Motors India on Wednesday said it is considering to phase out some of its old models such as the Aveo and Optra and replace them with new...

Auto firms stop production, demand slumps

20 Jun 2012 12:33 AM GMT
Hit by a demand slump, Toyota Kirloskar Motor [TKM] has stopped production of its all petrol cars, while others like Fiat are considering shutting...

Car firms post lacklusture May sales

2 Jun 2012 11:34 PM GMT
The country's top car companies posted a not so good sales numbers in May as an increase in excise tax and rise in fuel price hit the demand.The...

Daimler India to launch 18 trucks

29 May 2012 9:10 AM GMT
Daimler India Commercial Vehicles Pvt ltd plans to launch 18 models of trucks 'BharatBenz' in the next 18 months.'We would be launching 18 models in...

Eight new Toyota models for emerging markets

26 May 2012 1:07 AM GMT
Toyota said on Friday it will roll out a number of new compact cars priced around $12,500 in developing nations, targeting sales of more than one...

Premier inks three-year deal with Fiat

18 May 2012 4:17 AM GMT
Automaker Premier Ltd on Thursday said it has signed a three year contract to source diesel engines from Fiat India Automobiles for its compact...

TN signs Rs 5,700 cr MoUs with 5 auto firms

15 May 2012 3:55 AM GMT
As part of efforts to attract more investments in the state, Tamil Nadu government on Monday signed pacts with five automobile majors entailing...

Harley Davidson eyes 25% growth in India

13 May 2012 11:55 PM GMT
After opening its dealership in all metro cities, iconic US-based motorcycle maker Harley Davidson is now targetting smaller cities and towns to...

Auto firms sales zoom in April

1 May 2012 9:44 PM GMT
April witnessed a surge in the sales of most the automobile companies in the country.India's largest carmaker, Maruti Suzuki India [MSI] on Tuesday...

BMW Financial ups investment in India to Rs 530 crore

30 April 2012 5:27 PM GMT
German luxury car maker BMW Group today said it is increasing investment in financial services in India by over two-fold to Rs 530 crore this year in...
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