Millennials, Gen Z appetite for used cars on the rise: Cars24 Ipsos Report

Ever wondered why sale of new cars has been sliding in the recent past in India? Could it be because of the increased preference among millennials and Gen Z for used cars? Young buyers, who account for 80% of buyers...

Detel owners buy LML brand to form LML Electric India Ltd

LML Ltd, the erstwhile Kanpur (UP) based two wheeler manufacturer owned by the Singhania family is now the property of Yogesh Bhatia controlled SG Corporate Mobility Pvt.Ltd. SG Corporate owns Detel, the flagship b...

INTERVIEW WITH UDAY NARANG Chairman, Anglian Omega Group & Omega Seiki Mobility

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

Bloodbath in Auto Industry for May 2021, reveals FADA retail data

The retail sales of automobiles plunged for the month of May 2021 with sales falling by as much as (-) 55 per cent on month on month (MoM) basis. The industry witnessed a bloodbath, claimed the Federation of Automob...

Indian auto industry covid-19 relief: Part 4

Nitin Gadkari, Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Government of India recently requested Rajeev Chaba, President and Managing Director, MG Motor India and Paytm Founder & CEO V...

Oxygen, medical help pour in from Indian auto companies among shut downs

The Indian auto industry is going all out to help the country in production of oxygen, even as it is grappling with woes at its own end. India Yamaha Motor (IYM) is among the companies that have decided to suspend m...

Fiscal 2020-21, April 2021 vehicle registrations down (-) 38pc, (-) 28 pc: FADA

For the financial year 2020-21, the total vehicle registrations in the country were down by (-) 30%. This figure is incidentally even below the fiscal 2012-13 level, thus making it the lowest in the last eight years...

Auto registrations fall year on year by (-) 28.64pc: FADA

The Federation of Automobile Dealers Associations (FADA) has in its Monthly Vehicle Registration Data for March 2021 stated that while March automobile registrations continue to fall by (-)28.64% year on year (YoY )...

Mahindra offers customers India’s first one-stop solution for vehicle scrapping

Mahindra & Mahindra has signed an MoU with Mahindra MSTC Recycling Private Limited (MMRPL) towards offering its customers first of its kind end-to-end solution for scrapping of vehicles. MMRPL is engaged in the busi...

Pvt vehicles have 20 years, CVs 15 years for deregistration

While providing strong incentives to owners of old vehicles to scrap old and unfit vehicles through registered scrapping centres, the central government in its much awaited Vehicle Scrapping Policy has proposed that...

ASDC, FADA join hands with Google to lead industry’s Digital Transformation

Recognising the need to prepare over 20,000 auto dealerships to engage with customers in the ongoing and post pandemic era, Automotive Skills Development Council (ASDC) and Federation of Automobile Dealers Associati...

UNION BUDGET 2021-22 & INDIAN AUTO INDUSTRY

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

Electric two wheelers witness tepid growth despite Govt subsidy, says ICRA Survey

The demand and volumes of electric two wheelers (e-2Ws) have witnessed a very lackadaisical growth in recent years and despite the government’s thrust on adoption of electric vehicles (EV).

Tata Motors rolls out the 1,50,000th Nexon SUV

Tata Motors has rolled out the 1,50,000th Nexon from its Ranjangaon facility in Pune. Tata Nexon achieved the 1st 50,000 milestone on Sept’18, followed by the 1,00,000 on Sept'19 .

By 2030, 4W passenger vehicles, buses will see least e-adoption at 12-15 per cent

In another decade or so, by 2030, while buses and 4-wheeled passenger vehicles will have the least level of electric adoption, it will be two and three wheelers that will see a large adoption of electric vehicles. T...

Motherson Sumi Systems acquires Bombardier EWIS business in Mexico.

Motherson Sumi Systems Limited (MSSL), via its Mexican subsidiary, Motherson Rolling Stocks S. de R.L. de C.V. (MRS), has signed an asset sale and purchase agreement to acquire the activities of Electrical Wiring In...

Automotive dealerships grappling tough times, says ICRA survey

ICRA, an independent and professional investment Information and Credit Rating Agency states that automobile dealerships across India continue to face tough times. As if the demand slowdown due to macroeconomic chal...

Tata Power, Tata Motors sign PPA to commission India’s largest carport at Pune

Tata Power, India's largest integrated power utility has achieved a new milestone by signing a Power Purchase Agreement (PPA) with Tata Motors to commission India’s largest carport. With 6.2 MWp capacity, the projec...

Mercedes India delivers 2948 car in Jan-June 2020

Despite the raging covid-19 pandemic, Mercedes-Benz India was able to deliver 2948 new cars (retail sales) to customers in the first half of 2020 (January to June 2020). The June 2020 sales however showed first sig...

BMW Group India recommences operations at plant, dealerships

BMW Group India has restarted operations on June 1, 2020 in accordance with government guidelines. Consumers can once again safely explore and experience the complete range of BMW, MINI and BMW Motorrad products at ...

Shriram Automall acquires Bluejack, an  online car  auction platform

Shriram Automall India Limited (SAMIL) which is backed by Shriram Group & CarTrade, has acquired BlueJack, an online car selling portal in a bid to accelerate its offline auction market position with online used ca...

Great Wall Motor expands to Thailand, coinciding with India debut

Post its India debut, Great Wall Motor (GWM) is expanding its global footprint by signing an agreement for the purchase of General Motors’ manufacturing facility in Rayong, Thailand. This announcement is subject to ...

Delhi gets new electric vehicle policy; Industry hails move

In order to curb rising pollution, the capital city of New Delhi is serious about getting in more electric vehicles to replace IC engine powered vehicles. Announcing its EV policy, the Delhi government aims to regis...

Mahindra announces further leadership changes

After the company announced some major board level changes and other high level management changes on December 20, 2019, Mahindra & Mahindra has now announced further leadership changes.

Maruti Suzuki WagonR going strong for last 20 years in India

The iconic Maruti Suzuki WagonR, owned by over 24 lakh families, has completed two decades since its launch in 1999. Consistently featured amongst India’s 10 top selling cars in the last 20 years, WagonR has success...

Volkswagen India gets rooftop solar PV power project in India at Chakan facility

Volkswagen India Pvt Ltd (SAVWIPL) has successfully installed its largest rooftop solar PV power project in the auto Industry world-wide and one of India’s largest rooftop installation at its manufacturing facility ...

FADA issues legal notice to UM Lohia, management for dealers’ losses

The Federation of Automobile Dealers Association (FADA) has through its counsel Khaitan & Co, issued a legal notice to UM Lohia and its management, asking them to redress all grievances of dealers relating to the lo...

Toyota Kirloskar Motor sells 11544 units in Aug 2019, degrows by (-) 21 per cent

Toyota Kirloskar Motor sold a total of 10701 units in the domestic market this month of August 2019. The company exported 843 units of the Etios series this month thus clocking a total of 11544 units. Toyota Kirlos...

Tata Motors passenger vehicle domestic sales drops 31pc at 10485 units in July 2019

Leading automobile company Tata Motors recorded a decline of 31% in passenger vehicle domestic sales at 10,485 units, as compared to July 2018 sales which is in line with the decline on the industry (31%), and as a ...

Honda Cars India registers 48.67pc drop in domestic sales at 10,250 units in July 2019

Honda Cars India Ltd. (HCIL) registered monthly domestic sales of 10,250 units in July 2019. The number of export units stood at 334 last month. The company had sold 19,970 units in domestic market in July 2018. Thu...

Auto industry hails GST reduction on electric vehicles

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

Steep hike in private ICE vehicle registration fees proposed

In order to boost the buying and use of electric vehicles in the personal passenger vehicle segment in future, the government is proposing a steep hike in the fees for issue and renewal of registration of private ve...

MoRTH draft notification for CMVR amendments to boost electric vehicles

The Ministry of Road Transport & Highways has issued a draft notification for amendments to the Central Motor Vehicles Rules for providing a boost to electric vehicles

Steelbird records 80pc growth in helmet sales following stricter govt norms for riders

With the government clamping down on makers of unbranded non ISI helmets and penalising those either not wearing helmets or wearing unbranded helmets, sale of branded helmets is now seeing an upward trend. Leading h...

200 units of Tata Hexa for Bangladesh Army

Tata Motors has won an order for supplying over 200 units of the Tata Hexa four-wheel drive SUV in Bangladesh. The company has won this prestigious order from Bangladesh Army.

MG Motor India commences commercial production of Hector from Gujarat

MG (Morris Garages) Motor India, part of the mammoth China based SAIC Group, rolled out the first production version of Hector from its state-of-the-art facility at Halol in Gujarat. Hector, MG’s first car in India,...

Skoda Auto India introduces ‘EasyBuy assured buyback on Superb model

Skoda Auto India has announced ‘EasyBuy’, an assured buyback programme across the Superb model range. This programme has been made available exclusively through Skoda Financial Services. The ‘EasyBuy’ programme will...

Cabinet approves Scheme for FAME India Phase II for e-mobility

The Union cabinet chaired by Prime Minister Narendra Modi approved the proposal for implementation of scheme titled 'Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)' fo...

Elegant Auto Retail showcases products at 4th ACMA Automechanika

Car accessory and lifestyle product player Elegant Auto Retail successfully showcased their products at the recently concluded 4th ACMA Automechanika, India's leading automotive aftermarket trade fair organised by I...

Continental acquires antenna maker Kathrein Automotive

Technology company Continental has successfully completed the acquisition of Kathrein Automotive GmbH after antitrust authorities officially approved the transaction. Incorporating the automotive division of Rosenhe...

Bajaj Auto launches new brand identity -The World’s Favourite Indian

Building on its ‘Hamara Bajaj’ roots, two-wheeler manufacturer Bajaj Auto Ltd released its new brand identity as “The World’s Favourite Indian” to announce its transition from a domestic scooter maker to a global mo...

iOttie launches revolutionary smartphone car mount

iOttie, a leading mobile accessories company, announced its Easy One Touch Connect smartphone car mount featuring Amazon Alexa built-in. A first-of-its-kind product, the mount supports most standard Alexa features a...

Mahindra signs strategic partnership agreement with Castrol India

Mahindra & Mahindra and Castrol India, a leading automotive and industrial lubricant manufacturing company in the country, announced the signing of a new strategic partnership agreement between the two companies. U...

Honda 2Wheelers India launches ‘Honda Joy Club’

Entering its milestone 18th year in India, Honda 2Wheelers India announced its Honda Joy Club – its first ever customer loyalty programme. It is the biggest and 1st digital loyalty programme in the history of Indian...

Major organisational changes in Bajaj Auto; Rakesh Sharma is new CCO

Leading motorcycle manufacturer Bajaj Auto has appointed Rakesh Sharma the company’s Chief Commercial Officer (CCO), a post newly created, with immediate effect. The announcement was made through in an internal comm...

TAL Manufacturing Solutions launches 6-axis robot BRABO TRO6-6

TAL Manufacturing Solutions has launched their 6-axis variant ‘BRABO TR06-6’ robot in New Delhi to cater to Robotics Automation requirements across different industries. After a good response of their 5-axis variant...

Hero MotoCorp launches e-commerce portal to retail Hero genuine parts

Hero MotoCorp Ltd has set a new benchmark in the two-wheeler market by launching an e-commerce portal to retail Hero Genuine Parts and Accessories. The portal, www.hgpmart.com is an exclusive e-commerce platform ded...

Honda 2 Wheelers commits Rs 800 crore investment for 2018-19

After creating a new world record by becoming the only company in India and the world to add 1 million incremental sales in one year, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has earmarked Rs 800 crore inve...

Motherson acquires Reydel Automotive Group for USD 201 million

Motherson Sumi Systems Limited (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its step down subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV), has announced th...

Gaku Nakanishi joins as President  & CEO, Honda Cars India

Gaku Nakanishi has assumed the office of President & CEO of Honda Cars India from April 2, 2018. The company has also appointed two new directors to spearhead the company’s Sales & Marketing operations. They are Ra...

MG Motor India to invest Rs 5000 crore in six years time, says Chaba

MG Motor India will be investing a total of Rs 5000 crore in six years time in India and will be launching its first vehicle, a sports utility vehicle (SUV), in India in the first quarter of calendar 2019. The comp...

Mahindra and LG Chem collaborate for Li-ion battery technology

Mahindra & Mahindra Ltd., a part of the US $19 billion Mahindra Group and LG Chem, Korea’s leading manufacturer of advanced batteries have announced a collaboration in the field of advanced Li-ion battery technology...

Mahindra launches ‘Bring the Showroom Home’ mobile experience

Mahindra & Mahindra Ltd. (M&M Ltd.) has announced an industry first initiative in the automotive retail space with the launch of its ‘Bring the Showroom Home’, a portable, mobile based, interactive Virtual Reality e...

Bosch starter motor division in India is SEG Automotive India

It was towards the end of 2017 that Bosch had successfully completed its sale of its subsidiary SEG Automotive Germany GmbH, the former Robert Bosch Starter Motors Generators Holding GmbH, together with all subsidia...

Foundation stone laid for Apollo Tyres plant in AP

The foundation stone of Apollo Tyres’ ultra modern global scale manufacturing facility was laid on January 9, 2018 by N Chandrababu Naidu, Chief Minister of Andhra Pradesh (AP) in the presence of Onkar S Kanwar, Cha...

N Raja is Deputy Managing Director of Toyota Kirloskar Motor

Toyota Kirloskar has announced the promotion of Mr. N Raja as the Deputy Managing Director [subject to board approval] covering Sales & Service functional areas. Raja has been with Toyota Kirloskar Motor for the la...

89% auto sales in India are digitally influenced: Google & Kantar TNS Report

Google India, along with Kantar TNS, released a comprehensive report on the influence of digital on the decision-making journey of an automobile shopper. The report titled “The Drive to Decide” states that in 2017, ...

Yamaha Chennai factory achieves 1 million production milestone

India Yamaha Motor Pvt. Ltd. (IYM) has reached a major milestone of producing its one-millionth unit from the Chennai Factory on September 22, 2017. The one millionth model rolled out of the IYM’s Chennai factory is...

KSS to purchase majority of Takata assets for $ 1.588 billion; Takata files for bakruptcy

Michigan (US) based Key Safety Systems (KSS), one of the leading brands in automotive safety systems, has reached an agreement in principle with the recall rocked Takata Corporation of Japan to sponsor a restructuri...

Autonomous driving, e-cars enjoy widespread global acceptance

Roland Berger's first Automotive Disruption Radar has revealed that there is a widespread global acceptance for autonomous driving and electric cars. Designed to help automotive industry players make investment deci...

Pre-owned electric cars platform by Mahindra First Choice Wheels

Mahindra First Choice Wheels Ltd. (MFCWL), India’s No. 1 multi-brand certified used car company, has inaugurated India’s first certified pre-owned electric vehicle outlet - Car Connect, located at HSR Layout in Beng...

SC bans BS III vehicles; Industry saddled with 8.2 lakh vehicles

The Supreme Court has banned sale of Bharat Stage III (BS-III) vehicles after March 31, 2017. This ruling will have an adverse effect on the Indian automobile industry which currently has an unsold inventory of near...

Yamaha organises Annual Suppliers Conference-2017

India Yamaha Motor Private Limited (IYM) recently organised the Annual Suppliers Conference at Greater Noida (Delhi-NCR). The conference was attended by 500 members representing more than 200 suppliers from across I...

Sub assembly system for spares keeps Ford customers happy

Buying a vehicle is not the real tough part. Maintaining a vehicle is what could turn out to be a nightmare. Unavailability of spare parts, terrible service standards or exorbitantly priced spares can result in unto...

Honda CB Shine crosses 50 lakh units milestone in India

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) rolled out its 50th lakh CB Shine motorcycle from its Tapukara (Rajasthan) manufacturing plant. Celebrating this accomplishment Honda launched the all-new 2017 BS IV...

200th Maruti Suzuki Nexa showroom inaugurated

Expanding its premium automotive experience, India’s leading passenger vehicle maker, Maruti Suzuki India Limited has inaugurated its 200th Nexa showroom in Hyderabad. Nexa, the fastest growing auto retail channel i...

Motherson Sumi to acquire Finnish company PKC Group for Rs 4160 crore

Leading global auto components major Motherson Sumi Systems Ltd (MSSL) controlled by Vivek Chaand Sehgal has announced plans to acquire PKC Group Plc of Finland for around Euros 571 million (approximately Rs 4160 cr...

Nissan completes 34pc acquisition of Mitsubishi Motors for US $ 2.28 billion

Mitsubishi Motors Corporation (MMC) has announced that Nissan Motor Co., Ltd. has become its largest shareholder after completing the purchase of 34% of MMC-issued stock for 237 billion JPY (approx US $ 2.28 billion...

TWO-WHEELER SPECIAL: Standing Tall On Two Wheels

The Indian two-wheeler industry is gleefully hoping that the remaining months of the current fiscal 2016-17 will see a spurt in demand for two-wheelers.

56th SIAM Annual Convention debates ‘Building the Nation, Responsibly’

Based upon the theme of ‘Building the Nation, Responsibly’, the Society of Indian Automobile Manufacturers (SIAM) held its 56th Annual Convention. Union Minister of Heavy Industries and Public Enterprises Anant G Ge...

Volvo Cars, Uber to develop autonomous driving cars; Rs 2004 cr project

Volvo Cars and Uber are to join forces to develop next generation autonomous driving cars. The two companies have signed an agreement to establish a joint project that will develop new base vehicles that will be abl...

Honda Activa breaks 17 year monopoly of motorcycles

Having ushered in the first wave of scooterisation 15 years ago, Honda Activa scooter has created a new history. Ending the 17 year long monopoly of motorcycles, Honda’s Activa (an automatic scooter) is now ruling t...

Aerospace, Defence sectors offer vast opportunities, says ACMA

With the objective of facilitating its members diversify into the fast growing Aerospace & Defence sector, the Automotive Component Manufacturers Association of India (ACMA) organised its second Aerospace and Defenc...

Nissan-Mitsubishi alliance: Win-Win for both, Nissan wins twice, says Ghosn

Nissan Motor’s move to acquire a 34 pc equity stake in Mitsubishi Motors Corporation (MMC) will lead to a lot of advantages for Nissan as well MMC, besides reducing costs of development and introducing many more veh...

Nissan takes 34pc equity stake in Mitsubishi Motors for 237 Billion Yen

Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, (MMC) have announced that they have signed a Basic Agreement to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC ...

Bridgestone, MRF tie for highest ranking in customer satisfaction: JD Power

Customers’ perceptions of their original equipment (OE) tyre brand are an influential driver when considering replacement tyres for their vehicle, according to the J.D. Power 2016 India Original Equipment Tire Custo...

Tyrexpo India comes to New Delhi starting June 14, 2016

Singapore based SingEx Exhibitions, a subsidiary of SingEx Holdings which is wholly owned by Singapore’s investment company, Temasek Holdings, will be organising its fourth Tyrexpo India in New Delhi in June 2016. ...

SC ban on diesel cars above 2000 cc continues in Delhi NCR

The financial year 2015-16 ended on a sour note for several automobile manufacturers in the country when the Supreme Court in a hearing extended the ban on diesel vehicle registration in Delhi. Thus, all diesel cars...

Automotive industry grins and bears it, as usual

As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...

Honda Motorcycle & Scooter India 4th plant in India inaugurated

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) inaugurated its fourth manufacturing plant at Vithalapur (Mandal taluk, Ahmedabad district, Gujarat) in India. This green factory came up in a record 13 months!

Mahindra acquires a major style statement; To buy Pininfarina

Tech Mahindra Limited, a leading provider of IT, Networks and Engineering solutions and BPO services, and Mahindra & Mahindra have jointly entered into an agreement with Pincar S.r.l., to purchase a controlling stak...

It’s a Blue, Blue Christmas for diesel car makers in India

Leading SUV manufacturer in India, Mahindra & Mahindra will be the worst hit by the recent ban on diesel vehicles in the capital city of Delhi from December 11, 2015 to January 6, 2016 as ordered by the National Gre...

Bosch batteries that will make possible long distance travelling

Leading Germany based auto components maker Bosch (www.bosch.com) is researching batteries that will make it possible to drive longer distances without recharging, and will also cost less than current batteries.

Volvo Cars uses world’s most advanced chassis simulator

Volvo Cars has become the first premium car maker to purchase the world’s most advanced Vi-Grade chassis simulator – the same equipment used by Ferrari and Porsche – to develop next generation Volvos. The simulato...

BMW M Studio now in India; 7 outlets by end 2016

BMW India has launched a brand new 'BMW M Studio' in Mumbai. The first-of-its-kind flagship store is dedicated exclusively to the BMW M brand and its entire range of products. The ‘BMW M Studio’ has been launched i...

Toyota Kirloskar to auction used cars in India

Toyota Kirloskar Motor (TKM) has launched “Toyota Auction Mart” as it becomes the first auto manufacturer in India to venture into used car auction business. Toyota Auction Mart (TAM) is a first of its kind initiati...

Mahindra, Toyota rank highest in sales satisfaction among mass market brands

Toyota Kirloskar Motor and Mahindra & Mahindra have ranked highest in sales satisfaction among mass market brands in India, according to the J.D. Power Asia Pacific 2015 India Sales Satisfaction Index (SSI) Study re...

Bridgestone India, Pune police join hands for road safety

Tyre major Bridgestone India Pvt. Ltd. has joined hands with Pune police to promote road safety awareness in the city. The company presented traffic safety (crash) barricades, reflective jackets and traffic light ba...

Interview with Vimal Sumbly, Managing Director, Triumph Motorcycles India

Triumph Motorcycles India, a subsidiary of UK based Triumph Motorcycles has every reason to be excited about its debut in India. For a superbike manufacturer, selling 1326 units in fiscal 2014-15 has come as a pleas...

JK Tyre ranks highest in JD Power 2015 India study

JK Tyre & Industries Ltd, pioneer of radial tyres in India, has again added another feather to its cap. The tyre major has been ranked highest in the JD Power 2015 India Original Equipment Tyre Customer Satisfaction...

Mahindra First Choice Wheels raises $15 Million from US investor

Mahindra First Choice Wheels Ltd. (MFCWL), a leading multi-brand used vehicle company, has signed a definitive agreement to raise $15 million (Rs. 94 crore approx.) from San Francisco based investment advisor firm, ...

Tata Zest launched in Nepal

Tata Motors recently announced the commercial launch of the Zest, a compact sedan in Nepal. With a start price of 24.5 lakh Nepali rupees, ex-showroom, for the petrol Revotron 1.2T model and 30.75 Lakh Nepali rupees...

Joe King, celebrities inaugurate Audi 2nd outlet in Bengaluru

Nowadays, an inauguration of a luxury car dealership is all glitz and glamour. True to its style, Audi, the German luxury car manufacturer, inaugurated its second world-class showroom in Bengaluru which saw the pres...

Honda ties up with Shriram Automall to sell pre-owned motorcycles

One of the fastest growing manufacturers in the two-wheeler segment in India, Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) announced their exclusive tie-up with Shriram Automall India Ltd. (SAMIL). The initia...

Excise rollback in Jan 2015 pushes vehicle sales in Dec 2014

It’s very natural for people to rush in to buy vehicles when they know that the prices of the vehicles are going to be increased soon. This is what happened when people in India realised that the government was in n...

Mercedes-Benz records best year ever in India: Sells 10,201 units

Mercedes-Benz India announced its strongest sales year in the company’s history in India by posting 10,201 units of sales for the period January to December 2014. Thereby, the company recorded a growth of 13pc over ...

Constitution Amendment Bill on GST tabled in Lok Sabha

After the Union Cabinet approved the proposal for introduction of a Bill in the Parliament for amending the Constitution of India to facilitate the introduction of Goods and Services Tax (GST) in the country on Dece...

Mercedes Benz launches pre-owned car brand ‘Mercedes-Benz Certified’

Mercedes-Benz manufactures some of the most luxurious automobiles in the world and on December 18, 2014 they launched their first pre-owned car brand in India called ‘Mercedes-Benz Certified’. The launch of ‘Mercede...

Spyker files for voluntary financial restructuring

Dutch automobile car maker Spyker N.V., together with its wholly owned subsidiary Spyker Automobielen B.V. (collectively “Spyker” or the “Company”), filed a voluntary petition on December 2, 2014 for financial restr...

Diesel holds sway in India, EU while China prefers gasoline

While worldwide gasoline or petrol engines are the most popular powertrain, in India and the European Union (EU), every second new car is a diesel. According to Bosch, a leading global supplier of technology and ser...




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