ANI Technologies Pvt Ltd aggregates taxis under the Ola brand, while Serendipity Infolabs Pvt Ltd provides cabs under TaxiForSure and Uber India Systems Pvt Ltd runs Uber.
The company is looking to clock a very healthy double-digit growth in sales this fiscal.
Japan`s number-two automaker reported a 457.6 billion yen profit in the year to March.
Hit by poor sales, Hinduja Group flagship company Ashok Leyland has suspended the production of its first passenger vehicle - Stile, and has written down the investments made in the joint venture with Japanese auto maker Nissan Motor Company by Rs 214 crore, a top official said.
Royal Enfield, the two-wheeler division of Eicher Motors, has acquired UK-based Harris Performance Products Ltd for an undisclosed sum.
Total two-wheeler sales in April 2015 slumped 0.16 per cent to 12,87,064 units from 12,89,183 in the year-ago period.
Indian automotive component manufacturers participating for the first time in an international automotive trade exhibition here are optimistic about securing contracts for exporting its product to the African continent.
HCIL plans to launch the third generation Jazz in the country in the next quarter.
BMW 5 Series car is using parts from Indian auto-component suppliers.
The company's shares closed 8.76 per cent down at Rs 1,570 per scrip on the BSE.
German luxury car maker Mercedes-Benz today launched a campaign to emphasise awareness on road safety in India in association with its four group companies working in the country.
Bajaj Auto had said it was ready to roll out its RE60 once it received a go ahead from the government.
Auto component-maker JBM Group today announced its entry into the solar energy sector with plans to invest Rs 1,600 crore in the next three years.
Country's largest carmaker Maruti Suzuki today said it will continue with its rural expansion plans despite a prediction of below par monsoon this year.
Car manufacturers are targeting the Chinese appetite for "crossover" vehicles, 4x4s suitable for urban terrain being snapped up by status-conscious consumers as automakers fight for sales in an otherwise slowing market.
Mercedes-Benz was fined for violating anti-monopoly laws and price fixing.
Martin Lundstedt will take the reins of its operations in October.
Likewise, Swift retained the second spot with 2,01,338 units in fiscal 2015 as compared to 1,98,571 units in the previous fiscal, up 1.4 per cent.
Big may be beautiful, but Toyota Motor Corp`s global design chief is betting that edgy is the way to go for the Japanese automaker`s premium Lexus brand, specifically its signature `spindle grille` design.
Buyers of General Motors Co vehicles will increasingly be able to use in-car mobile broadband systems to book hotel rooms, cut deals on driver insurance, pay for data usage and conduct a host of other transactions.