After a rush of enquiries, Jazz seems to be losing fizz not only to competition but also to the other Honda brand - City.Jnaneswar Sen, marketing vice-president of Honda Siel Cars India, said, "From the time we launched Jazz, we have seen City volumes go up. We have observed that ...
Bajaj Auto is readying to penetrate the top- and bottom-end of the global motorcycle market, segments where it has been unable to compete till now."We cannot address these markets with the Bajaj brand," says Managing Director Rajiv Bajaj. This known (to Indians) brand is meant, he is clear, ...
The global auto industry is one of the manufacturing sectors hardest hit by the unprecedented financial and economic crisis. The Big Three U.S. automakers ? General Motors, Ford Motor and Chrysler ? have already been thrown into an uphill battle to keep afloat in the face of a credit pinch, ...
Good news first: Your wait for the 'people's car' Nano is about to get over. The bad news is that Tata Motors will produce only fewer numbers of the car as it is not going to roll out from Gujarat."We are looking at something to bring it (out) as fast ...
Potential car buyers celebrating price cuts after the government slashed central value added tax four percentage points last week may be in for a jolt.Car makers said they are planning to raise prices 2 to 3 per cent in January, almost neutralising the December cuts. The move is being considered ...
Formula One, which bills itself as the world?s richest sport and races in some exotic locales, was stung Friday by the withdrawal of the Honda Motor Company, the open-wheel circuit?s biggest-spending owner, which is reeling from the worldwide financial crisis.?Honda must protect its core business activities and secure the long ...
Mercedes-Benz India, the Germany-headquartered automobile maker, is looking to set up a finance arm in India to promote vehicle sales in the country. The initiative is in its early stages of discussion, with the company undertaking a basic assessment of the domestic automobile finance market. While details are yet to ...
This might be India?s answer to the Fast And The Furious. Jagdish Khattar, former MD of the country?s largest carmaker, Maruti Suzuki India, is now attempting to tap the Rs 400 crore car customisation industry with none other than ace car designer and promoter of DC Design, Dilip Chhabria.Mr Khattar ...
German sports carmaker, Porsche AG plans to launch its pre-owned car programme in India next year in a bid to further boost its business in the country. "We are looking at launching Porsche pre-owned car programme in India next year," said Rod Wallace, managing director, Porsche India. He added that ...
Toyota is one of the fastest growing auto companies in the world. The way they have taken on giants like Ford and General Motors in the United States is impressive indeed. The competition runs into hiding whenever Toyota enters a new market. However, Indian market is yet to see their ...