Auto major TVS today announced a 35 per cent increase in two-wheeler sales to 1,63,106 units in July, 2010, driven by a 54 per cent surge in exports.The company sold 1,20,944 two-wheeler units in July, 2009, it said in a statement."Cumulative two-wheeler sales for the period April to July, 2010, ...

Toyota Motor Corp is aiming to slash its car prices by 30 percent by 2013 through a new cost-cutting strategy to better compete against rivals such as Hyundai, a senior executive said.Toyota, until recently the world's fastest-growing carmaker, in under intense pressure to become more competitive as Volkswagen, Hyundai Motor ...

Twelve years since its entry into India, the 100% subsidiary of American car maker Ford Motor seems to have finally found a firm footing in the auto space.Ford India’s latest compact car launch ‘Figo’ has turned the heat on the auto turf with the company seeing a rapid pick-up in ...

Just eight cars, that's all that's keeping  Mercedes-Benz India, the maker of super-luxury cars, from reclaiming its title as number one deluxe car maker. The German player just reported first quarter numbers for 2010 and appears to be back on track with new model launches and a revamped image.Mercedes Benz's ...

Bajaj Auto, India's No.2 motorcycle maker, aims to boost sales by about 40 percent to 4 million vehicles in the fiscal year beginning April, powered by a 100cc bike it launched last year.The target was set at a board meeting on Wednesday, the company said in a statement on Thursday, ...

Riding high on the success of the popular Chevrolet brand, General Motors India has registered a record growth of 126 % in sales in February 2010, compared to the corresponding period last year. It sold 11,111 units in February 2010 against 4,921 units in February last year recording an all ...

Car manufacturers led by Maruti Suzuki and Hyundai Motors recorded their best-ever monthly performance in February, with consumers flocking to showrooms to avoid all possibility of a price increase, expected in the Union Budget presented at month-end.Collectively, sales of eight companies surged 31 per cent to 160,297 units during February, ...

With most carmakers posting record sales in January, Tata Motors regained the No 2 position behind market leader Maruti Suzuki. After a gap of about two years, the company has overtaken Hyundai Motors India, according to Tata Motors officials.A spate of new ...

Renault SA will resume investments in an Indian factory it’s building with affiliate Nissan Motor Co., less than a year after it suspended its plans, as economic stimulus and tax breaks lifted car sales in the country. Renault will introduce two cars in India next year, Marc Nassif, the local ...

Homegrown auto major Tata Motors said its global sales jumped by 93 per cent in January to 85,714 units, on the back of robust demand for both commercial and passenger vehicles. Sales of luxury brands from Jaguar Land Rover were at 16,269 units during January, up 195 per cent from ...