Automobile Industry News

SME News, Tuesday, May 21, 2013
NEW DELHI: According to new research, the automotive engineering service market in India will grow at a CAGR of 18.22% to 2016.   One of the key factors contributing to this market growth is the cost effectiveness of the Indian Automotive Engineering Service ...

SME News, Tuesday, May 21, 2013
NEW DELHI: Auto major, General Motors India expects the automobile market in the country will show signs of revival by October- November , this year, according to company's Vice President (vehicle sales, service and marketing), Rajesh Singh.   He said, passenger car sales in ...

SME News, Tuesday, May 21, 2013
NEW DELHI: The automobile industry produced 1,684,011 vehicles in April 2013 as against 1,721,455 in April 2012, decline of 2.81 per cent over same month last year, according to the apex body of auto industry SIAM.   The overall domestic sales in the month of April 2013 declined ...

SME News, Tuesday, May 21, 2013
NEW DELHI:  India's leading car maker Maruti Suzuki India (MSI) recently said that government should keep automobiles out of the proposed free trade agreement between India and EU as such a move could impact job creation in the country.   Rahul Bharti, Head Corporate ...

SME News, Tuesday, May 07, 2013
NEW DELHI: After the failure of several round talks, the European Union is ready to work out for a "balanced outcome" in the proposed free-trade agreement with India, according to the visiting Members of the European Parliament.     "During a detailed discussion on ...

SME News, Tuesday, May 07, 2013
NEW DELHI: Mahindra First Choice Wheels is expecting around 30 per cent growth in sales this year on the back of an aggressive network expansion. Mahindra First Choice Wheels is the multi brand pre-owned cars business of the Mahindra group.     The firm, which currently has 255 ...

SME News, Tuesday, May 07, 2013
NEW DELHI: The new financial year started on a mixed note for car makers with leading firms, including Maruti Suzuki, Mahindra & Mahindra, Honda Cars and General Motors, reporting growth in domestic sales in April.     However, other manufacturers such as Hyundai Motor, Tata ...

SME News, Tuesday, May 07, 2013
NEW DELHI: The fair trade regulator Competition Commission of India (CCI) is probing certain car makers for alleged anti-competitive practises in their businesses.     Union Corporate Affairs Minister Sachin Pilot informed the Lok Sabha that the information filed with CCI against ...

SME News, Thursday, Apr 25, 2013
NEW DELHI: Of the 993 Regional Transport Offices (RTOs) across all the 35 states and Union territories 987 have been replicated under the national register.     It means data of registration of vehicles and driving license holders from these RTOs will be available on one integrated ...

SME News, Tuesday, Apr 23, 2013
HYDERABAD: The proposed India-EU free trade pact may pave a way for some European car majors to flood the Indian automobile market with their vehicles, a senior official of Honda Cars India Ltd ( HCIL) said.     Jnaneswar Sen, Vice-President, Honda Cars India Ltd (Marketing and ...

SME News, Tuesday, Apr 23, 2013
NEW DELHI: Reportstack, provider of premium market research reports announces the addition of Auto Ancillary Market in India 2013 market report to its offering Auto ancillary market is expected to witness steady growth in the next five years. The original equipment manufactures and auto aftermarket ...

SME News, Saturday, Apr 20, 2013
  MUMBAI: As the strategic advisor for India Commercial Vehicle Summit 2013, held in Westin, Pune on the 4th and 5th of April 2013, BMGI presented the roadmap for innovation for the Indian Commercial Vehicle (CV)Industry.   The event was organized by Shanghai based Lnoppen who ...

SME News, Thursday, Apr 18, 2013
NEW DELHI: Union Minister for Heavy Industries and Public Enterprises Praful Patel on Wednesday calls for continuation of the current tax structure on imported vehicles from Europe, despite European Union clamours seeking for cut in import duty on its cars.   While speaking to the media on ...

SME News, Thursday, Apr 18, 2013
GURGAON: Honda has rolled out its latest 110 cc motorcycle, the Dream Neo, priced at Rs.43,150, making it the company's cheapest two-wheeler in India.   So far, Honda's arm Honda Motorcycle & Scooter India's (HMSI) 110cc scooter Dio was its cheapest two-wheeler in ...

SME News, Wednesday, Apr 17, 2013
NEW DELHI: The German auto major Volkswagen is all set to roll out the Polo GT in the Indian market on April 25.   The Polo 1.2 TSI will boasts of combination of direct injection and turbocharging, making an impressive power output of 105bhp.   Volkswagen will further ...