Ouchmytoe Auto

Tightening of the monetary policy over the past several months has taken a toll on passenger vehicle and two-wheeler sales growth. Potential buyers appear to be holding back purchase decisions amid concerns over inflation coupled with the steep rise in interest rates. While the two-wheeler segment has witnessed a 6% slide in sales in April […]

There will soon be seamless connectivity to transport automobiles from factories to ports. The government plans to develop three dedicated corridors linking roads, railways and ports to promote exports of vehicles manufactured in the country.
Indian Railways and ministry of shipping and road transport are considering a proposal to have three integrated corridors for transporting automobiles, […]

The government on Friday notified setting up of an automobile testing and homologation centre, International Centre for Automotive Technology (iCAT), at an investment of Rs 62 crore.
The centre would act as an accredited agency to approve homologation standards for automobiles under the central motor vehicle rules, an official release said.
iCAT, to be set up under […]

Luxury car maker Audi today launched its sports coupe Audi TT in India at a starting price of Rs 49 lakh (ex-showroom).
The company’s new model would be available on order from the first week of next month, Audi said in a statement. More
Courtesy:www.indiacar.net

Mumbai The promoters of Perfect Circle India have bought out the stake of the company’s foreign collaborator, Dana Corporation USA (Dana), and have also announced their intention to buyout the residual public stake and delist its shares. More
Courtesy:www.indiacar.net

Mumbai Mahindra Renault’s Logan has received more than 3,000 bookings in three weeks since its debut on April 3. The car that is launched in 11 cities initially had 25,000 inquiries so far; this is very significant considering the Logan has been launched in only 40 per cent of the markets, said Mr Rajesh […]

City-based Rockman Industries, part of 3.2 billion-dollar Hero Group, will invest over Rs 100 crore for setting up its second auto component plant in Uttaranchal to tap the growing domestic and export auto parts market.
“We will invest more than Rs 100 crore for setting up a new auto component plant in Uttaranchal this year, which […]

It’s been an engine of growth in the car mart. Higher fuel bills have kicked off demand for diesel variants and the success of mid-size sedans and top-end hatchback models like the Hyundai Verna, Ford Fiesta and Suzuki Swift has triggered off a flurry of launches this year.
The Detroit big two General Motors and Ford […]