Ford To Cease Independent Operations In India
Mahindra will own 51% in the new joint venture. Ford like many other automakers, has faced a sharp decline in its domestic sales by...
Honda To Continue With Diesel Vehicle Production
Honda has already updated 2 of its diesel engines to meet BS6 emission norms. Honda Cars India Ltd. (HCIL) has no plans to cease...
Maruti Might Cut Prices; Hyundai, Honda, Toyota Won’t
Honda considers the current offers and discounts to be ‘sufficient’ altogether. Following the government’s decision on leniency in the corporate tax rate, a lot...
Mahindra Starts Peugeot E-Scooter Exports From India
Mahindra is trying to cover up the loss at Peugeot which stands at Rs. 1735 crores by getting rid of 1/5th of the workforce....
Toyota Mirai FCV, New Prius Under Consideration For India
Toyota has hinted at the possibility of importing the Mirai FCV to India for a feasibility study. The Toyota Mirai is based on the...
Honda Blames Economic Slowdown For Sinking 2-Wheeler Sales
HMSI has listed the expectation of GST reduction by customers and wait for bigger discounts on BS4 vehicles as contributions to the decline in...
Finance Minister Pins Youth For Auto-Sector Slowdown
Millennials’ preference for pre-paid cab services over purchasing a new car is majorly the reason behind this slowdown according to our Finance Minister. Finance...
Toyota Announces New GA-B Platform For Small Cars
Toyota has announced a new platform named GA-B that focuses on the development of future compact cars. Toyota’s famous TNGA (Toyota New Global Architecture)...