By Kamal Swami
During last couple of year compact SUV segment has witnessed huge growth across the world and it is one of the segments where the Korean car maker Hyundai Motors has not made its entrance despite of giving super performing cars to global car market. Now breaking all the barriers Korean car maker has made its debut in this segment also in form.... [Read More]
By Kamal Swami
Domestic car maker Tata Motors in collaboration and its British partner Land Rover are working on bringing two new global SUVs to lure the international buyers. According to reports both these global SUVs would be launched sometimes during 2017. The major role in making two new SUVs would be played by engineers of Land Rover. The.... [Read More]
By Kriti Gupta
Hyundai Motors India Limited country’s second largest car manufacturer and Indian alliance of Korean car maker Hyundai Motors is speculating to enhance its production efficiency by setting up its second production unit in Indian car market. According to sources close to industry as an impact of increasing competition from strong rivals.... [Read More]
By Jitendra Singh
Country's largest carmaker Maruti Suzuki India today said it would challenge the penalty imposed on it by CCI for violation of trade norms in the spare parts and after services market. "I believe what CCI has done (is) that they have not understood the entire issue of spare parts of cars. What they are saying may apply to other.... [Read More]
By Kriti Gupta
Renault India, the Indian arm of French car maker Renault Motors has an MPV and a small car in pipeline for launching in 2015. With these two new launches the car maker intends to explore its market share in Indian car market to five percent in two years. According to Mr. Sumit Sawhney, Renault India, CEO and Managing Director, the company is.... [Read More]
By Jitendra Singh
A day after India's competition regulator joined other developed automobile markets to rein in 14 car makers for alleged unfair practices in the spare parts market, leading companies such as Mahindra & Mahindra and Tata Motors on Tuesday said they will appeal against the order. Other car makers are expected to follow. A total . 2,500.... [Read More]
By Jitendra Singh
The Competition Commission of India has imposed a combined penalty of over Rs 2,500 crore on 14 carmakers for indulging in unfair practices in the spare parts market, the latest in a series of tough enforcement actions by the newest among India's regulators. Tata MotorsBSE -0.66 % faces the maximum fine of Rs 1,346 crore, followed by Maruti.... [Read More]
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