)
Overall, passenger vehicle sales went up marginally by 2.15% to 2,686,429 units
YMRI says it will work closely with engineers at Yamaha headquarters in Japan to develop low cost models for the company globally
List of tariff lines, comprising completely built unit and engines, should be kept in India's Negative List in all FTAs
In first quarter of this year, company sold 276 units, an increase of 140% compared to same period last year
Foreign makers bank on Indian market for next gen auto growth
Fiat and Ford India are assessing opportunities to export SUVs to Europe
The auto major eyes to double capacity and set up a diesel engine component production line and a forging unit
The move could be aimed at increasing penetration in emerging markets
Automobile maker has become the first to launch a four-seater, zero-emission vehicle in the country
The company is looking at developing India as a hub for medium duty engines
Ayukawa's stint in India won't be easy
Automobile manufacturers are lining up innovative offers to bring back footfalls in showrooms and cut down inventory levels which have touched record highs
The decision to add capacity comes at a time when most auto majors have been resorting to production cuts
Indian arm has cash reserves of Rs 7,000 crore, which might come in handy to set up plants around the world
Sales at Maruti Suzuki increased by 54% and 60% in Dec and Jan, growth rate tapered off to 22% last month
A variant of the e2o could be exported to the Middle Kingdom, Europe next year
A variant will be developed by Mahindra Reva Electric Vehicles for exports scheduled to commence in early 2014
Will be developing global products to meet international market requirements
Aims to factor in increase in excise duty announced in Budget