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The Economic Times: Latest business, finance, markets, stocks, company news from India.



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Maruti Suzuki posts highest market share in more than a decade in July

Wed, 12 Aug 2015 00:24:03 GMT

(image) Not only that, the maker of the Alto and WagonR in July produced more vehicles than ever before in its history.



Tata Motors ropes in Mayank Pareek as head passenger vehicles

Mon, 29 Sep 2014 22:18:05 GMT

(image) Pareek comes with over two decades of experience with Maruti Suzuki where his last role was as COO, wherein he was heading Marketing & Sales vertical.



Toyota revives plan to launch Lexus in India

Sun, 28 Sep 2014 23:48:51 GMT

(image) Toyota sells Lexus across all major markets, with US being the largest. It deferred the plan to bring Lexus here in 2012 because of high import duty and a sluggish local auto market.



Mobilio outsells Ertiga, Innova in its debut month

Sun, 28 Sep 2014 23:24:58 GMT

(image) Honda sold 5,539 units of the multi-purpose seven-seat vehicle in August, according to data from the Society of Indian Automobile Manufacturers.



Automotive Mission Plan 2016-26 to be finalised by mid-2015

Sun, 28 Sep 2014 09:32:24 GMT

(image) The Automotive Mission Plan for the next decade, beginning 2016, is being prepared and will be finalised by the middle of next year.



Daimler India looks to replicate trucks business success in buses

Sun, 28 Sep 2014 09:23:27 GMT

(image) Daimler's bus plant located in Oragadam, near Chennai is coming up at an investment of Rs 424 crore.



Ford to phase out Figo from India and replace the model with a new-generation car in 2015

Sat, 27 Sep 2014 04:07:56 GMT

(image) The company will also phase out Classic' entry sedan to make way for the new mid-size car that was showcased at the Delhi Motor Show in February this year.



Mahindra & Mahindra's core focus to be on utility vehicles segment

Fri, 26 Sep 2014 11:24:56 GMT

(image) Mahindra & Mahindra would continue to focus on utility vehicles segment with the launch of fresh products on new platforms, a top company official has said.



Japanese auto parts maker FCC Company buys half of stake in Rico Auto

Thu, 25 Sep 2014 23:08:15 GMT

(image) Japanese auto parts maker FCC Company has purchased its Indian partner Rico Auto's 50% stake in their equal joint venture.



October to be a bumper month for carmakers

Thu, 25 Sep 2014 22:33:33 GMT

(image) Companies have also tweaked their strategies to take advantage of the festival season. Skoda Auto has advanced the launch of its new Rapid sedan.



Czech carmaker Skoda Auto shifts focus to big cars in India

Thu, 25 Sep 2014 22:30:58 GMT

(image) Skoda has phased out the Fabia hatchback earlier this year and said there are no immediate plans to replace it or introduce other small cars.



M&M launches new Scorpio starting at Rs 7.98 lakh; to take on Duster & Safari Storme

Thu, 25 Sep 2014 21:58:21 GMT

(image) Gearing to meet an increasing competition in SUV segment, M&M launched the new Scorpio priced between Rs 7.98-11.46 lakh (ex-showroom Mumbai).



Skoda holding back investment in India due to "uncertainties"

Thu, 25 Sep 2014 12:30:08 GMT

(image) Czech carmaker Skoda today said it is holding back its future investments in the country citing 'uncertainties' relating to policy framework.



India has potential to become world's biggest car maker: Kenichi Ayukawa, Maruti Suzuki

Thu, 25 Sep 2014 06:27:19 GMT

(image) "We are confident that, under the Make in India programme, factors affecting competitiveness will be removed," Kenichi Ayukawa, MD, Maruti Suzuki India.



French carmaker Renault shifts UK Duster unit out of India

Wed, 24 Sep 2014 22:30:48 GMT

(image) Renault currently sells five models in India: premium sedan Fluence, the Koleos SUV, compact car Pulse and Scala sedan besides the Duster.