The Italian firm, globally renowned for its design and production of hi-tech systems and components for the automotive segment is widening its reach in the Indian automobile markets.
The second edition of the wildly popular Nano: Art-in-Motion series saw the creation of the ‘Weekender’ Art Nano at the NH7 music festival, held in Pune.
A handful of Indian auto component suppliers are turning their attention to their existing supply chains for answers.
Hyundai's strategic decision to focus on quality over quantity, even as its production lines are stretched in India and elsewhere, risks losing hard-won market share and is forcing it to divert output from its plant outside Chennai away from exports to other high-growth markets to meet domestic demand.
BMW India has announced over the weekend that it had plans to start assembling its entry level 1 series of hatchback cars at Chennai plant by the end of next year.
Homegrown Indian automotive firm will not be an aggressive bidder on the acquisition of British premium car major, Aston Martin as the valuation was high and would require substantial investment.
Over 40 automotive brands, as well as four banking institutions will showcase their latest automobile products and financing solutions at Kingdom of Saudi Arabia's premier motoring event.
The European Commission presents action plan to spur automotive industry in 27-member European Union.
Investment Dar Co, the controlling shareholder of the UK-based premium car maker, Aston Martin has approached potential buyers including Indian auto major Mahindra.
Homegrown sports utility vehicles manufacturer, Mahindra and Mahindra will launch SsangYong Rexton SUV on November 20, 2012 across seven cities.
Hero Eco Limited, part of India's leading two-wheeler manufacturer, Hero Group has forged alliance with Electrovaya of Canada, under which the latter will work with the former to implement lithium ion-powered electric bikes for Hero's global markets.
There is some cheer, but the struggle is still on. Very low base also helped the growth, but next month will be quite critical for us, while we will have to see whether this growth is continuing or it is coming down, says Vishnu Mathur, Director General of SIAM.
To cash in on the ongoing festive season, Yamaha Motors have unveiled the limited edition models of motorcycles, Yamaha Fazer and Yamaha FZ-S priced at Rs 73,030 and Rs 78,130 respecitvely (Ex-Showroom, Delhi).
Total two-wheeler sales in India in October 2012 showed an upward surge by 12.26 percent to 1,285,015 units from 1,144,716 vehicles in the year ago period.
The total two-wheeler sales in October this year increased by 12.26 percent to 12,85,015 units from 1,44,716 vehicles in the year ago period.
