British aero-engine maker Rolls-Royce Holdings Plc plans to temporarily close factories, reduce working hours and cut benefits as part of new cost-cutting measures, the Financial Times reported on Monday.
Tata Motors on Friday said it has bagged a supply order for 6,413 Tata Ace Gold mini trucks from the Andhra Pradesh government. The company won the supply mandate after the Ace Gold Gold emerged as the top bidder for its low cost of operations and durability, among others, Tata Motors said in a release.
The U.S. auto safety regulator on Thursday said it was closely watching Elon Musk led Tesla Inc`s release of a software version intended to allow its cars to drive themselves, saying it would not hesitate to take action to protect the public.
Honda Motorcycle and Scooter India (HMSI) on Tuesday said it is witnessing an upsurge in bookings and enquiries with the onset of the festive season and announced saving offers of up to Rs 11,000 on retail finance of its brand of two-wheelers.
Veejay Nakra, CEO - Automotive Division, Mahindra & Mahindra Ltd, talks about the response the company is getting on Thar, waiting-period for customers, companys strategy to strengthen the SUV portfolio, finance schemes and launches that can be made in future among others during an exclusive chat with Swati Khandelwal, Zee Business.
German car maker BMW has launched its most 'economically priced' Sedan 2 Series in India. The BMW 2 Series Gran Coupe launched today is available at an ex-showroom price of Rs 39.3 lakhs. The price of the top model of this 2 Series sedan is Rs 41.4 lakhs.
BMW Motorrad today launched BS6 G 310 R and G 310 GS bikes in India. The G 310 R is priced at Rs 2.45 lakh while G 310 GS will be available at Rs 2.85 lakh. Interestingly, the prices of both the models have been kept below its BS4 counterparts
The recovery seen in auto sales in the past couple of months is not a sustainable one and there is a question mark on how the industry would fare next year as the sector is hugely linked to the economy, according to MG Motor India President and MD Rajeev Chaba
Maruti Suzuki India Limitedsmini SUV S-PRESSO has sold as many as 75,000 units. Today, thevehicle has completed one year since its launch, the company said in a media release. The company launched this car to cater to the requirements of the urban Indian.Maruti Suzuki S Presso price in Delhi is Rs 370 500 - ex-showroom - as per the official website
The worlds largest manufacturer of motorcycles and scooters registered record sales of 715,718 units in September 2020 exceeding the expectations of 675,000. These figures were the highest sales in a single month in the calendar year of 2020. This translates into a growth of 16.9% over the corresponding month of the previous year (September 2019), when the company had sold 612,204 units
Ministry of Road Transport and Highways has published rules for the protection of Good Samaritans. The rules provide for the Rights of Good Samaritan which include that a Good Samaritan shall have the rights as detailed in the rules and shall be treated respectfully without any discrimination on the grounds of religion, nationality, caste or sex
Honda Motorcycle and Scooter India (HMSI) today launched its new cruiser, the Honda H'NessCB350. This retro style motorcycle is a premium product of the company and it will be sold by Hondas Big Wing network. It will make youforget the Royal Enfiedl Bullet bike.
In a major push to domestic manufacturing in the country, the government proposes to pump in over Rs 3 lakh crore through an umbrella production linked incentive (PLI) scheme that will run simultaneously in 10 identified sectors for a period of five years
Electric two-wheeler start-up Odysse is looking to double its product portfolio by the end of next year besides expanding the dealership network to 25 cities as it seeks to tap the growing EV market, according to its Chief Executive Officer Nemin Vora
Kia Motors India today launched its first-ever compact SUV - Kia Sonet in India. The Sonet entry-level HTE smartstream G1.2 5MT variant debuts at a competitive price of Rs 671,000 (ex-showroom, pan-India), the company release said.The company has received over 25,000 bookings so far, the release further said
German automotive major Volkswagen Group on Thursday said it has no plans to bring its MEB platform, the backbone of its global electric vehicle (EV) offensive, to India in the near future as the market is not yet mature and the EV infrastructure is not developed
Toyota Kirloskar Motor (TKM) on Tuesday said that it was deeply committed to India and its national objectives. The statement was made by Masakazu Yoshimura, Managing Director at TKM. Toyota Kirloskar Motor is an Indian arm of the Japanese company Toyota Motor Corp
Hinduja Group company Ashok Leyland has seen some great action on the stock markets today. What is the reason behinds this heightened interest of the markets on this company's stock? What are the fundamental triggers? Zee Business Kushal Gupta has a detailed research report on this!
Nishant Arya, Executive Director (ED), JBM Group, talks about COVID-19 impact in Q1FY21, fund-raising plans, bus order from Delhi, expected demand during the festive season and issues the company is facing including supply-chain issue among others during a candid chat with Zee Business' Mansee Dave,