Mercedes India on a launching spree

Mercedes India on a launching spree

Oct 14, 2014

As part of its new India strategy, in January 2014, Mercedes-Benz India had announced the company’s intention to launch ten new models by the end of the year. Looking to maintain its double-digit growth the company reported in 2013, Eberhard Kern said, “Last year was our year of offensive. We wanted to catch up and we did, so this year will be the year of...

Government will introduce Motor Vehicles Amendment Bill in the next session

Government will introduce Motor Vehicles Amendment Bill in the next session

Oct 9, 2014

This article discusses the Motor Vehicles Act 1988 and the proposed revision of the same. It also and explores the reasons behind the need for the revision of this Act. Would the implementation of this Act help check the number of road accidents? During the recently held Indian Road Congress (IRC) conference, Road Transport and Highways Minister Nitin Gadkari...

FDI in the auto sector falls

FDI in the auto sector falls

Oct 8, 2014

For the past year and half, the Indian government has been relaxing FDI caps to attract foreign investment in a variety of sectors. Modi’s regime is keen to boost the growing economy with FDI inflows. But the FDI in the automotive sector has fallen by 85 percent, undoubtedly a massive drop due to the demand slowdown and generally weak economic conditions. In...

JLR profits offset Tata Motors’ domestic losses

JLR profits offset Tata Motors’ domestic losses

Oct 6, 2014

Luxury brand Jaguar Land Rover has helped its parent company, Tata Motors, the largest automaker by revenue in India, triple its profits. While Indian business continues to show a negative trend, its global acquisitions seem to be raking in the dollars. The Indian auto giant’s sales revenues continue to reflect the enormous contribution its British arm, the...

Indian truck sector expected to become the top market

Indian truck sector expected to become the top market

Oct 2, 2014

Domestic players that have been dominating the LCV and MHCV sector are facing stiff competition from the sophisticated and customised products being churned out by European and other Asian manufacturers. Foreign auto companies are investing time and money to capture a huge share of India’s commercial vehicle market — an emerging sector they believe has immense...

Tata Motors to launch a slew of new platforms

Tata Motors to launch a slew of new platforms

Oct 1, 2014

Tata Motors is all set to regain the market share they have steadily lost to foreign auto majors. The slowing economy did not help Tata either; the company plans to launch close to 25 novel products, leveraging new technologies, in the next few years to change its fortunes. “About 20-25 will be completely new platforms. However, including BS4 variants, CNG...