Initially it will procure only e-rickshaws and e-autos for leasing to operators
'Customer expectation and need was quite limited when we started in 2013.' 'Now the expectation is little more and a lot of hard work is needed again.'
Facing capacity constraint, firm is yet to take a call on setting up a new manufacturing unit in India.
Roland Folger, managing director and chief executive officer at Mercedes Benz India calls the calendar year (CY) 2016 a year of 'lost opportunities' as NCR diesel ban and demonetisation led to a flat performance.
While Maruti leads with 30% volume growth, Hyundai sold 18,337 vehicles in rural markets during April-June
India saw 4.2 million foreign tourists till May mainly thanks to visitors from Bangladesh
Car makers see a dip in demand from their biggest buyers, Ola and Uber. Demand from aggregators weakened for a number of reasons after a strong growth last year.
The year 2017 could be the third year of a double-digit growth in arrivals from China after years of low single-digit growth
What's driving consumers to petrol cars? Ajay Modi finds out.
While Renault reported an over 12 per cent decline in sales and lost market share, Market leader Maruti Suzuki grew over 19 per cent.
Sales poised to expand further.
M&M's profit before tax from the farm equipment segment rose 31% last year to Rs 2,562 cr
Normal monsoon makes FMCG, automobile and consumer durable companies optimistic about growth prospects
Take out Maruti Suzuki and Honda, and the auto sector's prospects suddenly don't look all that rosy.
Hyundai, has a share of about 16% and grew sales by less than 4% in April- May 2017-18
The youngest in the new lot is Rahil Ansari, 38, who is heading Audi in India since February
Toyota has capacity to manufacture 310,000 vehicles at its two plants located near Bengaluru
Top 10 vehicles, value-wise, is dominated by the two players in the market, Maruti Suzuki & Hyundai
Why Kia is keen to drive into India? The Korean automobile maker plans to carve out a niche for itself in the crowded Indian market with its compact sedans and SUVs.
Maruti, Honda and Tata Motors posted highest sales growth during the month
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