Automotive Industry News India, Indian Automobile Industry News

Toyota in surprise Q2 profit

Toyota Motor Corp reported a surprise quarterly profit and halved its annual loss forecast.

GM's Opel move raises anger, new uncertainty

GM's decision to scrap the sale of European subsidiary Opel raised new uncertainty.

Toyota to pull out of F1: reports

Toyota was widely expected to follow Honda as the second major Japanese automaker to withdraw from F1.

GM sees October sales bounce, Chrysler plunges

General Motors posted its first monthly sales increase in nearly two years on Tuesday as a rebound in industrywide U.S.

Nissan returns to profit in latest quarter

Nissan Motor Co, Japan’s third-biggest automaker, revised its annual outlook to a profit from a loss on Wednesday as soaring sales in China helped drive quarterly earnings beyond the market’s expectations.

Toyota crosses four-lakh units sale mark in India

The world's largest carmaker by sales Toyota on Wednesday said it has crossed the four-lakh units mark in India since it started operations in the country 11 years ago.

M&M set to roll out bikes in 2010

Mahindra Two Wheelers will soon start manufacturing motorcycles as part of its strategy to become a credible player in the industry and capture a double-digit market share in near possible time.

GM opts to keep Opel

General Motors reversed course by abandoning a long-expected sale of its Opel.

Bajaj motorcycle sales rise 52% in Oct

Bajaj, reported a 52.38 per cent increase in its motorcycle sales.

First Ducati store opens in India

Ducati Motor Holding, world’s leading producer of racing motorcycles, announced the opening of its first showroom in Mumbai.

Tata Motors launches its SUV Range Rover

The country’s largest auto maker, Tata Motors, launched sport utility vehicle ‘Range Rover.

Mahindra Tractors sales rise 21.38%

Mahindra & Mahindra's Farm Equipment Sector (FES) reported a 21.38 per cent rise in its total tractor sales.

Hyundai Motor India looks outwards for hiring

Hyundai Motor India, the country’s largest passenger car exporter and the second largest car manufacturer turned a new leaf in its recruitment policy as it is extending its search for quality manpower beyond the Indian market.