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Indian auto-makers need to revamp production process: PwC

Last Updated: Tuesday, July 15, 2014, 16:15

Vehicle manufacturers in the country need to revamp production process and focus on product differentiation as customers are looking for more value and features across vehicle segments, according to a report by global consultancy firm PwC.

Volkswagen to build two new plants in China

Last Updated: Monday, July 07, 2014, 15:40

German carmaker Volkswagen will build two new vehicle plants in China as it invests USD 2.7 billion along with its partner, it announced Monday during a visit by Chancellor Angela Merkel.

Auto makers relieved as reduced excise rates extended till Dec

Last Updated: Wednesday, June 25, 2014, 20:56

Heaving a sigh of relief over the government's decision to extend reduced excise rates till December 31, auto industry Wednesday welcomed the move saying it would help the sector overcome the prolonged demand slump.

Automakers hope Modi ditches Byzantine tax system for GST

Last Updated: Tuesday, May 27, 2014, 12:53

Indian carmakers, battered by two years of slowing sales, hope the resounding election victory by India`s new leader will spur replacement of the country`s complex array of duties with a simple goods and services tax (GST).

General Motors recalls another 3 million vehicles globally

Last Updated: Thursday, May 15, 2014, 19:33

General Motors Co said on Thursday it has issued five more recalls, covering almost 3 million vehicles globally, and is expected to take a charge of up to USD 200 million.

China falls for 4x4s at Beijing Auto Show

Last Updated: Tuesday, April 22, 2014, 10:36

Bulky, brash and wildly popular in Europe and the US, the urban 4x4 is the latest must-have for Chinese drivers, whose conversion to the cult of the SUV is the talking point of this year`s Beijing Auto Show.

China gears up for huge car show, eyeing growth prospects

Last Updated: Thursday, April 17, 2014, 12:18

Global automakers will flock to the largest car show in the world`s biggest car market next week -- but environmental concerns and slowing Chinese economic growth mean the road ahead could be bumpy.

Renault-Nissan alliance sells record 8.3 mn vehicles in 2013

Last Updated: Wednesday, January 29, 2014, 14:41

The alliance between Nissan and Renault sold a record 8.3 million vehicles last year, giving it fourth spot among global automakers, new data showed Wednesday, as the pair reportedly boost ties to cut costs.

As automakers use more aluminium, can providers expand fast enough?

Last Updated: Saturday, January 11, 2014, 09:27

Demand is expected to continue its surge as automakers look to slash vehicle weights to boost fuel efficiency, industry executives and analysts said.

Carmakers rack up big gains in 2013 US sales

Last Updated: Saturday, January 04, 2014, 01:26

Major automakers closed out 2013 by reporting mixed results for December US sales Friday as the booming auto industry was expected to rack up its best annual performance in years.

Car sales seen falling this financial year: Report

Last Updated: Tuesday, November 12, 2013, 13:08

Automakers sold 163,199 cars in India last month, a drop of 3.9 percent from a year earlier, data SIAM showed.

US automakers report big sales

Last Updated: Saturday, November 02, 2013, 19:31

General Motors said Friday its October sales rose 15.7 percent to 226,402 in the country led by growing sales of its Malibu mid-size cars, Impala full size cars, Silverado and Sierra pickups, reports Xinhua.