India will become the third largest automotive market in the world by 2016 ahead of Japan, Germany and Brazil, riding on its domestic automotive sales, according to IHS Automotive, a global market......
* Ford to launch new compact car Figo Aspire in India * India to be world's No. 3 car market by 2020 * Global compact car sales to cross 11 mln by 2020 Ford Motor Co plans to use the low-cost......
As India's auto industry matures, manufacturers are facing up to a new reality - from Mumbai to the states, they now have two different markets to serve, with costs to shoulder and a challenge to......
Mercedes-Benz plans to sell more compact cars to tap the fastest growing part of India's premium car market, a move analysts say could help the German automaker overtake rival Audi as the country's......
Most other auto firms in India including Maruti Suzuki, Tata Motors, Hyundai Motors, Kia Motors, Nissan, Renault and Honda Cars have either already curbed production or will do so soon. For......