India Auto Sales Recovery

India Auto Sales Recovery

Dec 19, 2014

After a drastic drop in sales, things are finally looking up for the Indian automobile industry. This article records the growth rate of various manufacturers in the country. As was rightly suggested by sources, after a duration of low base from the previous year, growth rates in the auto industry escalated during November.   As suggested by the Nomura...

New makes and models of India’s cars in 2015

New makes and models of India’s cars in 2015

Dec 12, 2014

One of the best indications of a country’s economic performance is the sale of new cars. India’s car industry is certainly hopeful that 2015 will be a bumper year, with no shortage of different makes and models of cars having been scheduled for release over the coming 12 months. The industry looks to have recovered from the recent troubled economic times, with...

Ashok Leyland hopeful of a good second half this fiscal

Ashok Leyland hopeful of a good second half this fiscal

Dec 11, 2014

Dismal times in the commercial vehicle sector are perhaps a thing of the past with Ashok Leyland reporting an increase in sales of 23 percent and 44 percent in October and November. The company has announced the sale of two non-core units abroad. The company is tailoring its strategy to cut costs, reduce debt and make profits in the long term.   After a...

Hyundai Motor India Ltd sales due grow

Hyundai Motor India Ltd sales due grow

Dec 3, 2014

India’s second largest car manufacturer, Hyundai Motor India Ltd (HMIL), is due to end this year with over 400,000 domestic sales. Hyundai sees this impressive growth in sales, after a prolonged slowdown, which is expected to increase further within the next year.   HMIL reported an increase in total sales of 8.7 per cent equalling 54,011 units in November...

Nesselhauf: Daimler India strategy

Nesselhauf: Daimler India strategy

Nov 28, 2014

Erich Nesselhauf, the new CEO and MD of DICV, says that the company will not woo customers with discounts to improve sales. He believes that the Indian subsidiary of the German auto maker is among the top players in the industry because of what he calls ‘pure mathematics.’   Daimler AG’s Indian arm began by selling heavy duty trucks in late 2012 and has...

Tata Motors seeks winning strategy

Tata Motors seeks winning strategy

Nov 21, 2014

Tata Motors is going all out to regain its market share from the global majors in the fastest growing automobile market, India. The company plans to introduce two new products every year until 2020. Recent losses notwithstanding, the company can hope to salvage its lost glory by making wise investments and developing new products to woo the customer. Despite a...