May 2012 Auto News

Toyota Launches Financial Services In India, Plans To Invest Rs 260 Crore

Toyota Launches Financial Services In India, Plans To Invest Rs 260 Crore


30 May,2012 Japanese auto major Toyota on Wednesday announced the launch of its financial services in the Indian market with plans to invest Rs 260 crore initially. Toyota Financial .....

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Tata Motors Signs Distribution Agreement With AGI In Myanmar

Tata Motors Signs Distribution Agreement With AGI In Myanmar


29 May,2012 Tata Motors on Tuesday said it has signed a distribution agreement with Apex Greatest Industrial Co Ltd AGI Myanmar for selling its commercial vehicles and passenger cars in the .....

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Proposal To Hike Duty On Diesel Cars On Card

Proposal To Hike Duty On Diesel Cars On Card


29 May,2012 Amid widening price difference between petrol and diesel the Finance Ministry is looking at the possibility of raising excise duty on diesel cars a suggestion which was mooted .....

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Toyota Kirloskar To Up Exports To Counter Rupee Fall Impact

Toyota Kirloskar To Up Exports To Counter Rupee Fall Impact


28 May,2012 Car major Toyota Kirloskar Motor is planning to rev up exports from India in order to partly offset losses which has touched Rs 60 crore in the last four months due to rupee .....

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Audi Eyes Over 45 Percent Sales Growth This Year In India

Audi Eyes Over 45 Percent Sales Growth This Year In India


28 May,2012 German luxury car maker Audi on Sunday said it is looking at over 45 percent sales growth this year in India and is introducing its global customer-oriented programme Audi .....

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Petrol Price Hike: Maruti Suzuki, Tata Motors, Hyundai Motor Offer Upto Rs 50,000 Discount On Petrol Cars

Petrol Price Hike: Maruti Suzuki, Tata Motors, Hyundai Motor Offer Upto Rs 50,000 Discount On Petrol Cars


25 May,2012 A day after petrol prices were hiked by an all-time record of Rs 7.50 per litre leading car makers Maruti Suzuki Tata Motors and Hyundai Motor on Thursday announced discounts of .....

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SIAM Asks Govt To Hike Diesel Price, Reconsider Petrol Increase

SIAM Asks Govt To Hike Diesel Price, Reconsider Petrol Increase


25 May,2012 Automobile industry body SIAM today asked the government to consider hiking price of diesel to bring parity with petrol as strong reactions continued to pour in against the Rs .....

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Audi Launches New Finance Scheme With Extended Warranty

Audi Launches New Finance Scheme With Extended Warranty


24 May,2012 Luxury car maker Audi India in association with its finance arm on Wednesday announced the launch of Audi CarLife-Advance a comprehensive package that covers car financing .....

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Ford Motor Co. And SEMA Join Forces On Mustang Build Powered by Women

Ford Motor Co. And SEMA Join Forces On Mustang Build Powered by Women


23 May,2012 Ford Motor Co. and the Specialty Equipment Market Association SEMA teamed up to present the SEMA Mustang Build Powered by Women. Under the direction of the SEMA .....

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Fiat Says Its Needs 18 Months For Full-Fledged Solo Journey

Fiat Says Its Needs 18 Months For Full-Fledged Solo Journey


22 May,2012 Fiat India which recently called off distribution alliance with Tata Motors is bullish on its prospects in the country saying that within 12-18 months it will be able to stand on .....

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Commercial Launch Of RE60 By End Of FY'13: Bajaj Auto

Commercial Launch Of RE60 By End Of FY'13: Bajaj Auto


18 May,2012 Bajaj Auto on Thursday said it will launch its mini four-wheeler commercial vehicle RE60 for intra-city urban transportation by the end of this fiscal. The commercial .....

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Volkswagen Puts On Hold Rs 2,000 Crore Investment In Maharashtra

Volkswagen Puts On Hold Rs 2,000 Crore Investment In Maharashtra


17 May,2012 German auto major Volkswagen AG on Thursday said it has put on hold the proposed Rs 2000 crore investment plan in India as the VAT refund issue with the Maharashtra government .....

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Tata Motors April Global Vehicle Sales Growth Flat

Tata Motors April Global Vehicle Sales Growth Flat


16 May,2012 Tata Motors on Tuesday said its global sales remained flat in April at 87377 units over the same period last year. Sales of luxury brands from Jaguar Land Rover were at 25143 .....

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Mahindra Mahindra Launched AC Version Of Thar

Mahindra Mahindra Launched AC Version Of Thar


16 May,2012 Auto major Mahindra & Mahindra on Tuesday launched an air-conditioned variant of its four-wheel drive jeep Thar at a base price of Rs 6.75 lakh. The company which had till .....

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Ashok Leyland to Launch Avia Range In India This Fiscal

Ashok Leyland to Launch Avia Range In India This Fiscal


15 May,2012 Heavy vehicles maker Ashok Leyland the Hinduja Group flagship company is planning to launch its latest Avia range of vehicles in the domestic market during this fiscal a top .....

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Mercedes-Benz India Grows 30 Percent In 2011

Mercedes-Benz India Grows 30 Percent In 2011


15 May,2012 Mercedes-Benz India ended 2011 with a strong growth of approximately 30 per cent year-on-year against the backdrop of slowdown in the industry. The company sold 7430 units last .....

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Tamil Nadu signs MoUs With 5 Auto Majors Including Yamaha Motor, Eicher Motors For Rs 5,700 Crore Investments

Tamil Nadu signs MoUs With 5 Auto Majors Including Yamaha Motor, Eicher Motors For Rs 5,700 Crore Investments


14 May,2012 As part of efforts to attract more investments in the state Tamil Nadu government on Monday signed pacts with five automobile majors entailing inflow of at least Rs 5700 crore .....

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Ashok Leyland Cuts Prices By 1 After Excise Duty Relief

Ashok Leyland Cuts Prices By 1 After Excise Duty Relief


14 May,2012 Countrys second largest commercial vehicle maker Ashok Leyland said it has slashed the prices of its commercial vehicles by one percent following the Governments decision to .....

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Volvo Eicher To Invest Rs 288 Crore

Volvo Eicher To Invest Rs 288 Crore


11 May,2012 Volvo Eicher Commercial Vehicles VECV a joint venture between Volvo Group and Eicher Motors would invest Rs 288 crore at its Pithampur plant in Madhya Pradesh a top company .....

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Maruti Suzuki Hikes Prices Of Diesel DZire By Up To Rs 12,000

Maruti Suzuki Hikes Prices Of Diesel DZire By Up To Rs 12,000


09 May,2012 The countrys largest car maker Maruti Suzuki India has raised the prices of the new diesel variants of its sedan DZire by up to Rs 12000 from this month citing input costs .....

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MDI's Air Engine Technology Tested On Tata Motors Vehicles

MDI's Air Engine Technology Tested On Tata Motors Vehicles


08 May,2012 Tata Motors said it has successfully completed the first phase to produce and sell compressed air cars using MDI technology in India. In January 2007 Tata Motors and MDI of .....

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India Unaffected By Suzuki's Recall Of Over One Lakh Swift, Says Maruti Suzuki India

India Unaffected By Suzuki's Recall Of Over One Lakh Swift, Says Maruti Suzuki India


08 May,2012 Countrys largest car maker Maruti Suzuki India on Monday said its operations are not impacted by the reported global recall of over one lakh Swift compact cars by its Japanese .....

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Aston Martin Looking At Indian Market For High Growth

Aston Martin Looking At Indian Market For High Growth


07 May,2012 Faced with declining sales across the world British luxury sports car maker Aston Martin said it is expecting good contributions from India even though it entered the market late .....

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Audi To Ramp Up Capacity By 50 Percent To 9,000 Units

Audi To Ramp Up Capacity By 50 Percent To 9,000 Units


04 May,2012 German Luxury car major Audi which on Thursday rolled out a new version of its A4 car said it will scale up capacity at its Aurangabad facility by 50 percent to 9000 units .....

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Volkswagen Group Sales India Made Official Importer Of Porsche

Volkswagen Group Sales India Made Official Importer Of Porsche


03 May,2012 Luxury car maker Porsche on Wednesday announced the appointment of Volkswagen Group Sales India as the official importer of all Porsche range of cars in the country snapping its .....

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