Car, two-wheeler sales lack sparkle, chip shortage pushing down stocks and demandAccording to industry sources, passenger vehicle makers retailed around 85,000 units, versus 1,75,000 units last year. Two-wheeler retailin...
18 Oct, 2021, 02.26 PM IST
S&P Global to buy IHS Markit in $44 billion mega dealThe mega-deal, which IHS Markit Chief Executive Officer Lance Uggla told employees in a memo had been in the works for the last few months,...
30 Nov, 2020, 07.40 PM IST
S&P Global in advanced talks to buy IHS Markit for $44 bn: ReportS&P Global provides debt ratings of sovereigns, companies, as well as data to capital and commodity markets around the world.
30 Nov, 2020, 01.17 PM IST
Light vehicles keep India on fast trackThe Indian market is estimated to have grown 8.6% to about 4 million units in the year that just went by, automotive forecasting firm IHS M...
01 Jan, 2019, 07.41 AM IST
Made-in-India Mercedes set to drive into USThe company’s US subsidiary will be importing its best-selling SUV GLC from India. Mercedes-Benz India has already begun shipments from the...
26 Sep, 2018, 08.02 AM IST
India will overtake Germany in car production in 5 years: Mark Fulthorpe, IHS Markit Automotive“The disruption due to demonetisation is expected the disruption to continue in the rural market right through 2017.”
06 Dec, 2016, 02.15 PM IST
Jack Ma offers China’s answer to Apple, Google with web carBillionaire Jack Ma is taking the challenge to Apple Inc. and Google by pushing Alibaba Group Holding Ltd. into the car business.
07 Jul, 2016, 05.37 PM IST
LyondellBasell completes acquisition of Pune-based ZylogLyondellBasell in November last year entered into a definite agreement to acquire polypropylene (PP) compounding assets of Zylog for an und...
07 Apr, 2016, 07.30 PM IST
Sporty micro SUVs like Redi GO and Ignis set to rule Indian roads in 2016The 'entry SUV' is a segment that is unique to India and a select few other markets. It is an extension of the Indian buyers penchant for n...
19 Nov, 2015, 10.38 AM IST
LyondellBasell, one of the world’s largest plastics' company, to acquire SJS PlastiblendsThis acquisition will expand LyondellBasell’s existing footprint in India and enhance the company’s position in India’s growing automotive ...
10 Aug, 2015, 01.41 PM IST
Fiat clones Jeep as 500X makes debutThe latest member of the 500 family, which follows the 500L wagon, is especially important to halt losses and sliding market share at Fiat’...
03 Oct, 2014, 02.01 AM IST
Mercedes takes cues from Apple in reboot of C-Class; offers smartphone-like features such as touchpadMercedes-Benz is adding touchpad technology pioneered by the iPhone and an iPad-like display to the C-Class sedan in a bid to surpass BMW i...
14 Jan, 2014, 11.43 AM IST
Can Enrico Atanasio steer Fiat in the Indian market?On Enrico falls the tough job of remaking the Italian automaker in a market that's crucial for the company. He says that it's now time the ...
27 May, 2012, 03.43 PM IST
Audi to buy Ducati Motor Holding for $1.1 billionDucati would complement Audi's luxury-car lineup with products such as the $28,000 Superbike 1199 Panigale S Tricolore.
18 Apr, 2012, 05.48 AM IST
- Mercedes sets up luxury-car facility in Hungary to compete with BMW
The factory will help meet its goal of boosting sales 27% by 2015, while at the same time raising profitability with models like the A-Clas...
30 Mar, 2012, 05.43 AM IST
- Gulf region to buy record number of luxury cars this year
According to data released recently, sales of high-end cars in Gulf countries, including the UAE, will probably grow by 20 per cent this ye...
07 Jul, 2011, 11.28 AM IST
- Global auto industry in for bumpy ride as US, Chinese demand slows
Unemployment in the US and government measures to cool China’s economy are damping demand in the world’s two largest car markets, weakening...
11 Sep, 2010, 02.40 AM IST