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Auto
Volkswagen launches the upgraded version of Ameo in India
German auto major Volkswagen on Friday said it has launched a new version of its compact sedan Ameo in India, priced at Rs 6.69 lakh (ex-showroom).The Ameo Corporate edition has been introduced to cater to corporate and business…
Volkswagen AG to acquire a big stake in Chinese EV partner JAC Motors
Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge of the matter said.The move by VW, the…
Toyota Kirloskar Motor launches upgrade versions of Innova Crysta and SUV Fortuner
Toyota Kirloskar Motor (TKM) on April 8 launched improved versions of its popular multi-purpose vehicle Innova Crysta and SUV Fortuner priced in the range of Rs 14.93-33.60 lakh (ex-showroom).The new Innova Crysta will now have features…
Volvo Car India reports 25 percent growth in retail sales business in 2018-19
Volvo Cars India, a business arm of Swedish luxury automaker Volvo has reported a 25 percent growth in the retail sales business.In the statement, Volvo cars India has said that "The company has reported a 25 percent of growth in retail…
Donald Trump’s effect: General Motors to invest $1.8 billion in the United States
Facing a barrage of attacks from President Donald Trump over plant closures, General Motors announced on March 22 a USD 1.8 billion investment and the creation of 700 new jobs in the United States.About USD 300 million will be geared…
Yamaha Motors looks for 10 percent market share in the Indian two-wheeler segment
With an eye on garnering 10 percent of the two-wheeler market in India in the next five years, Japan's Yamaha has started studying plans to add additional capacities here, according to a top company official.Yamaha, which currently has an…
Renault India plans to double its sales in 2 to 3 years
French car maker Renault has lined up aggressive plans to double sales volumes in three years by introducing new products and upgrading some existing models, according to a top official.Venkatram Mamillapalle, who recently succeeded Sumit…
Mahindra receives 13,000 orders for XUV300
Utility vehicles major Mahindra & Mahindra (M&M) on Thursday said it has received over 13,000 bookings for its recently launched compact SUV XUV300. Launched on February 14, the model has entered the top three in the compact sports…
China lifts warning notice on Tesla Model 3 import
China's customs authority has lifted a warning notice that barred Tesla Model 3 imports into the country last week, an official in the authority's news department told Reuters on March 14."We can confirm that the warning notice on Tesla…
Harley-Davidson plans to consolidate its position in big bike segment in India
American cult bike manufacturer Harley-Davidson on March 14 said it aims to further consolidate its position in the over 1,600-cc segment in India, which it currently dominates with over 90 percent market share.The company launched its…