Audi to focus on electric vehicles in India: Rahil Ansari, head, Audi IndiaRahil Ansari said that Audi will focus on alternative fuel technology, including electric vehicles, as it looks to bring environmentally su...
Rural markets will start looking up in 3-4 months: RS Kalsi, Maruti Suzuki India"With a good monsoon, the sentiment has improved and in the next 3-4 months, the rural market will look up," said RS Kalsi.
We'll Now Lead in Both New & Used Cars: CarTrade CEOOnline automobile classifieds firm CarTrade intends to build the country's largest auto platform with its acquisition of rival CarWale.
India is a complicated market and needs to be understood by playing here: Carlos Ghosn"We think India is in a situation where it can be on top in terms of growth compared with the large markets."
We’ll deleverage, grow exports to our overseas companies: Arvind Dham, Amtek Auto Group PromoterArvind Dham is in the middle of a mess, triggered by a voracious appetite to acquire companies, thus over-stretching the group’s balance sh...
New vehicles to spur auto growth, says Sona Chief Sunjay KapurIndia's automotive industry has bottomed out and launches of new vehicles will spur the sector to 7-8% growth, says Sunjay Kapur, chairman ...
Mahindra & Mahindra's hiring, sales to pick up next year: Rajeev Dubey"We believe that the economy will pick up and if that happens then definitely hiring will also pick up," says Dubey.
30% of Passenger Vehicles Sold in India will have Automated Transmission by 2020: Saju Mookken, Magneti MarelliIt took three years for the company to convince carmakers in India to use the AMT kit, but it is now facing a supply crunch because of huge...
Skill gap in aftermarket will rise to 25 lakh people in 10 years: FADADealerships and workshops are the front face of the automobile industry which, directly interact with the customers. As the awareness and c...
A lot of Indians can afford luxury cars, feels Philipp von Sahr, BMW India PresidentFor BMW, the highest-selling cars will always remain the cars like 3 and 5 series and not the 1 series because it has to attract new custom...
Look at the globe as a market: Surinder Kapur, Sona GroupI tell my management is to go ahead and look at small-ticket acquisitions. There are a lot small companies in the US, Europe and also in So...
We maintained 5% margin in the worst times: Sidhartha Lal, MD, Eicher MotorsVolvo Eicher Commercial Vehicle claims to have been able to earn five per cent operating margin at the time when the sector had bottomed ou...
- Aim to reach 3 lakh unit sales by 2017: Jnaneswar Sen, Honda Cars
Honda Cars informed that HCIL's new plant at Tapukara in Rajasthan, having a capacity of 1.2 lakh units, will go operational by the end of ...
Aim to sell 50,000 units a year after new Andhra Pradesh plant gets operational: Takashi Kikuchi"We would start our assembly plant at Sri City near Chennai by 2016. We will procure about 70 per cent local components by 2016."
Isuzu to unveil three LCVs at Auto ExpoThe three pick ups to be shown at the expo includes Single Cabin, Extended Cabin & Flat Deck. The company official also confirmed that in c...
Sonalika expands capacity; eyeing 15% market shareInternational Tractors is investing Rs 60 crore in capacity expansion at the Hoshiarpur plant in Punjab. With this investment the owner of ...
- US warns of terror attacks; 'very innocuous': Delhi
The Indian government said it had taken all security measures to thwart such strikes.