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Just a few days after cutting car prices by a decent 2-3 per cent, several auto companies are considering a hike in prices in the month of January to increase profit margins. This is being considered mainly because of the weakening rupee, which has led to a rise in import costs, particularly for cars with high import content. Maruti Suzuki, Read More...


 

Car companies General Motors India, Hyundai and Mahindra-Renault will soon bring out model variants that will run on either LPG or CNG. GM’s Chevrolet Optra already has a CNG variant available in Delhi, Mumbai and Vadodara. Mahindra-Renault, too, is selling the CNG version of the Logan for the taxi market in Mumbai. CNG and LPG are not only Read More...


 

Automobile sales saw a steep decline in the month of November, compared to sales in the corresponding period last year. Maruti Suzuki, the most popular carmaker in the country, reported a 27 per cent fall in passenger car sales. While Maruti’s hatchbacks fell by 26 per cent, its saloon cars, the SX4 and the DZire together grew by 40 per cent. Read More...


 

General Motors may be in a crisis situation in the US, but that has not significantly impacted GM India’s operations, thanks to GM Daewoo Auto and Technology (GMDAT), the company’s engineering entity in charge of new car platforms in strategic nations. GMDAT was set up following the acquisition of Korean carmaker Daewoo by GM in 2002, and has been Read More...


 

Car manufacturers Maruti, Volkswagen and General Motors are working on bringing out car models that will be manufactured completely in India, using the technical expertise of Indian engineers. These cars will be built specifically for the Indian market, with the tastes and needs of the Indian buyer in mind. Maruti and Volkswagen have already Read More...


 

General Motors’ Chevrolet Cruze will be launched in India in mid-2009, at the same time when it is launched in the rest of the world. The Cruze will be produced at GM’s manufacturing plant in Halol. The company’s second plant in India at Talegaon is being developed as a hub for small and mini-cars, and a new mini-car will be rolled out from there Read More...


 

US auto major’s Indian subsidiary General Motors India launched new variants of its hatchback Chevrolet Aveo U-VA that comes with additional interior and exterior features and is priced between Rs. 3.98 lakh and Rs. 5.11 lakh Speaking to the press at the launch, Mr. P Balendran, Vice President GM India, said that the new Chevrolet U-VA brings Read More...


 

The liquidity crunch and the September Shraadh season have hit sales across segments. Market leader Maruti Suzuki posted a marginal 2.53 per cent increase in sales to 64,682 units, compared with 63,086 in September last year. India’s largest car exportor Hyundai Motor India grew by 23.89 per cent totaling to 22,311 units this September as Read More...


 

General Motors said it has created a separate entity for its sales and distribution activities in India as a part of restructuring and realignment of the company's corporate structure. General Motors manufactures and markets cars under the Chevrolet brand in India, and as part of the restructuring and realignment of its corporate structure is Read More...


 

General Motors India has launched the face lifted version of its utility vehicle Tavera naming it Tavera Neo-2. Priced at Rs 9.54 Lakhs Ex-Showroom Delhi, the Tavera Neo – 2 comes with new features like a three spoke steering wheel and redesigned front end with bigger Chevy logo and grille and central console. The company expects to sell around Read More...


 

The slump in car sales mainly came from rising inflation and interest rates coupled with high fuel prices which continued to dissuade customers from any fresh purchases. India’s biggest carmaker Maruti Suzuki India reported a 9.2% decline in sales to 59,908 units in August from 65,968 units in the same month last year. The domestic sales dipped Read More...


 

General Motors will sign an agreement to build an engine and transmission plant for passenger vehicles in India. The plant will be set up at Talegaon, near Pune city; in the western state of Maharashtra. The plant will be built at the same location where GM has established its second car factory in India. That factory is scheduled to start Read More...


 

Second time in a row, Skoda Auto India topped the customer satisfaction survey in JD Power Asia Pacific 2008 India Sales Satisfaction Index (SSI) study. The study, in its 9th year, surveyed 5,416 new passenger car owners in 20 Indian cities having ownership tenure of two to six months. Forty-one different passenger car brands were assessed in the Read More...


 

India’s top three car makers - Maruti Suzuki, Hyundai and Tata Motors reported a decline in domestic sales in July 2008 as compared to July 2007 while Skoda and General Motors grew during the same period. Maruti Suzuki India's July domestic sales stood at 52,911 units against 52,839 units in the same month a year-ago, up by 0.1 per cent. Tata Read More...


 

US auto major, General Motors have reduced the prices of its compact car Spark in India approximately by Rs 23,000 for limited period. Spark’s current ex-showroom price (New Delhi) is Rs 2.89 lakhs is reduced to Rs 2.66 lakhs for its base variant. Mr. Ankush Arora, V.P – Marketing for GM India said that the special price is the result of Read More...


 

The government has imposed an additional excise duty of about Rs. 15,000-20,000 as a specific levy on large cars, MUVs (multi-utility vehicles) and SUVs (sports utility vehicles) produced in India. Excise duty on cars of engine capacity exceeding 1500cc and upto 1,999cc has been increased by Rs 15,000 per unit. Similarly, vehicles having engine Read More...


 

Indian car makers saw an increase in the sales of May 2008 as compared to May 2007 despite rising interest rates and anticipated rise in fuel prices. India’s biggest car manufacturer, Maruti Suzuki saw a rise of 15% in domestic sales to 64,143 units as compared to 55,952 units in May 2007. India’s biggest car exporter, Hyundai recorded a sales Read More...


 

Car maker General Motors India reported a rise of 6.57 percent in domestic sale of 5,789 units as against 5,432 units in May 2007. GM sold 2,250 units of Spark, 1,667 units of Tavera, 1,214 units of Aveo and Aveo U-VA, 383 units of Optra and 227 units of Captiva. The industry has seen some growth primarily driven by new models, however, the Read More...


 

General Motors India (GM) plans to go into the used car business to drive the sales up. GM follows into the footsteps of Maruti True Value, Hyundai Exchange, Honda Auto Terrace, Ford Assured. General Motors used to sell cars under the Opel brand from 1996 before the presence of Chevrolet brand. The Chevrolet brand has been present in India Read More...


 

Indian automakers saw a rise in April sales. Maruti Suzuki India Ltd., India’s biggest carmaker, recorded a 24% rise in sales in April. It sold 62,336 units as compared to 50,352 units last year. Maruti sold 43,121 units of its hatchback Alto, Zen Estilo, Swift and WagonR resulting in a rise of 27%. The sedan sales of the SX4 and the recently Read More...


 

General Motors India has registered a record growth of 51 percent in sales in March 2008 as compared to the corresponding period last year. It has sold 6, 836 units in March 2008 as against 4,542 units in March 2007. March 2008 sales figures became the highest-ever achieved by GM India since its inception. The March 2008 sales comprise of 1820 Read More...


 

General Motors India has won three JD Power's Automotive Initial Quality Study (IQS) awards for its Chevrolet Spark, Aveo and Optra. Chevrolet Spark topped the IQS in the compact segment; Chevrolet Aveo topped the midsize segment category. And luxury sedan Chevrolet Optra won the Gold in the premium midsize segment in IQS "The wins in both Read More...