Passenger vehicle sales up 9% in February: SIAM

New Delhi: The sale of passenger vehicles rose 9.01 per cent year-on year to 255,359 units in February 2017, according to Society of Indian Automobile Manufacturers (SIAM).

India to beat Japan to become third largest domestic aviation market globally

Mumbai: India is expected to surpass Japan to become the third largest domestic aviation market after US and China, with domestic air traffic expected to reach over 100 million pas...

MAN Truck & Bus expects India to be one of its top 5 non-European markets by 2020

New Delhi: Mr Joachim Drees, Global CEO, MAN Trucks & Bus AG, has stated that India has the potential to be among the top five markets, outside of Europe, by 2020 for the compa...

India is very important to Hyundai's global strategy: India MD Young Key Koo

New Delhi: Mr Young Key Koo, Managing Director, Hyundai Motor India Ltd, has stated that India is a key market for the company, not only in terms of volumes but also as a hub of sm...

Sales of passenger vehicles grow by 4.48% to 280677 units in October: SIAM

New Delhi: Passenger vehicle (PV) sales in India rose 4.48 per cent year-on-year to 280,677 units in October 2016, while commercial vehicle (CV) sales rose 11.90 per cent year-on-y...

Honda strengthens its dealership network in India

Kolkata: Honda Motorcycle and Scooter India (HMSI) has inaugurated its 900th Honda Authorised Exclusive Dealership in India, thereby taking its total dealership network to 4,800 ac...

BMW to make India global hub for small bikes

New Delhi: BMW plans to manufacture its first below-500 CC motorcycle, the G310R, in TVS Motor’s Hosur plant in Tamil Nadu, for export to US, Germany, and several other Europ...

Tata Motors is 2nd most valuable automaker in Asia outside Japan

Mumbai: Tata Motors is valued at US$ 27.3 billion by market capitalisation, thus making it the second most valued auto company in Asia ex-Japan, and is 13th most valuable auto comp...