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Report: India’s new car market expected to shrink for the first time since 2003


New car sales in India are expected to fall for the first time in a decade due to a sharp economic slowdown, high loan rates and rising fuel prices, according to a report from the Wall Street Journal. Sales have fallen in five of the first 10 months of the fiscal year that will end on March 31, including a more ...
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Tata Group plans investments of more than $8.2 billion by 2015
Indian conglomerate Tata Group plans to invest more than 450 billion rupees ($8.2 billion) over the next two years, according to the company's new chairman. Cyrus Mistry, Tata's new boss, wrote ...
BMW considering Mini plant in India if demand justifies it
BMW said on Wednesday it may consider building a plant in India to make Mini vehicles, provided that there is market potential for premium small cars. According to BMW Group India ...
Mahindra Reva opens new EV plant in Bangalore
Mahindra Reva Electric Vehicles, a subsidiary of Mahindra Group, has inaugurated a new automobile factory in Bangalore, India. The new assembly plant has an annual capacity of 30,000 cars and is ...
Impact: Peugeot Citroen might leave India
French giant Peugeot-Citroen (PSA) started the process to close its office in Mumbai – India, as a result of the slowing economy in France. Peugeot was planning on re-entering in the ...

latest automotive news
Marussia also won’t race in America – Ecclestone
Oct.25 (GMM/Inautonews.com) Marussia will join fellow F1 straggler Caterham in not racing in Austin next weekend, Bernie Ecclestone has ...
Lotus to keep Grosjean, test 2015 nose
Oct.25 (GMM/Inautonews.com) Lotus has confirmed it will test a conventional nose solution ahead of next weekend's US grand prix. The ...
Caterham can miss Austin-Brazil double header
Oct.25 (GMM/Inautonews.com) Caterham is allowed to sit out the next two grands prix while it fights for survival. As administrators ...
Administrator becomes Caterham team boss
Oct.24 (GMM/Inautonews.com) The Caterham saga took another bizarre twist on Friday as an administrator became the new team principal. With ...
[VIDEO] McLaren P1 MSO spotted on the Fiorano
A McLaren P1 customized by MSO has been recently spotted lapping Ferrari’s famous Fiorano track. If you though that vehicles which ...
Ford Focus Electric gets price cut in the U.S.
The Ford Focus Electric has received a new price cut in the United States because of poor demand. While its main ...
Test Drive: Dacia Sandero Stepway 1.5 90 HP
If you live in Europe, you don’t need an introduction to Dacia anymore – this is the affordable Renault subsidiary ...
[VIDEO] Mercedes-Benz GLC63 AMG prototype caught on the open road
A prototype version of the upcoming Mercedes-Benz GLC63 AMG has been recently caught on camera while it was being tested ...
[VIDEO] See the world’s fastest Toyota Supra in action
The world’s fastest Toyota Supra has been recently spotted in action on a drag strip where it managed to shatter ...
Mercedes-Benz S600 Pullmann spied
Our spy photographers have managed to capture the upcoming Mercedes-Benz S600 Pullmann on camera while it was being tested out ...
BMW i8 costs more than $200,000 on eBay
The price of a BMW i8 stands at a whopping 200,000 USD on eBay as we recently found out doing ...
Mercedes-Benz GLA45 AMG announced for Australia
Mercedes-Benz will be launching the GLA45 AMG performance crossover in Australia where the model in question will be priced from ...
Recall roundup: 850,000 units of the Audi A4
The German based automaker Audi has recently announced a recall for a massive 850,000 units of the A4, because of ...
Ferrari LaFerrari for sale
Another unit of the impressive Ferrari LaFerrari is currently looking for a new owner who will have to pay no ...
Ferrari F50 gets crashed in the UK
A Ferrari F50 supercar has been recently involved in a heavy crash in the United Kingdom after its driver lost ...
BMW M2 Cabrio coming in 2016
The BMW M2 Cabrio will be introduced in a couple of years according to a recent report. Rumors on the anticipated ...
BMW X5 Concept eDrive gets spotted in Paris
The brand new BMW X5 Concept eDrive has been recently spotted out in Paris while cruising the streets. After being officially ...
Porsche Macan Turbo gets updated by TechArt
The aftermarket specialists from TechArt have officially introduced a new tuning package aimed for the Porsche Macan, this time in ...