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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
F1 ‘must’ look beyond Ecclestone era – Wolff
Apr.23 (GMM/Inautonews.com) On the eve of a trial that could send Bernie Ecclestone to jail, formula one is having ...
Mercedes wants rivals to win races in 2014 – Lauda
Apr.23 (GMM/Inautonews.com) Niki Lauda hopes Mercedes' rivals do not make it too easy for the German marque in 2014. So ...
Struggling Vettel to get new ‘Suzie’ – Marko
Apr.23 (GMM/Inautonews.com) Red Bull is investigating whether a fault in his chassis is causing Sebastian Vettel's 2014 trough. Team boss ...
Full color gradient Lamborghini Gallardo is coming from Malaysia
A full color gradient Lamborghini Gallardo seems like something crazy, but the images posted below actually make it look quite ...
[VIDEO] Police Corvette C7 seen at car show in Sweden
A new Chevrolet Corvette Stingray Police car has been recently spotted at an automotive event in Sweden. When talking about the ...
Ferrari 458 Italia gets crashed on Spa Francorchamps
Spa Francorchamps has claimed another victim, a two-year old red Ferrari 458 Italia, which has recently crashed on the famous ...
2015 Cadillac Escalade gets updated by Hennessey
American aftermarket specialists at Hennessey Performance have recently updated the new 2015 Cadillac Escalade. Those of you interested in the 2015 ...
Ford Mustang: 50 years of great product placement
Ford, the No.2 US automaker celebrated the original pony car – the Mustang – as it turned 50 years. Besides ...
Lamborghini Huracan orders reach 1,500
Orders for the newest Italian supercar, the Lamborghini Huracan, have just reached 1,500, as Gallardo’s replacement becomes more popular. A couple ...
US: Fisker plans to revive Karma model in 2015
Fisker Automotive Inc., now under Chinese ownership, is putting up a plan to reintroduce its gas-electric hybrid Karma luxury vehicle ...
Report – PSA could move to return to the United States
PSA Peugeot Citroen last sold a car – the Peugeot 405 – in the US in 1991, but now the ...
Report – Alan Mulally sees life after Ford
As the US automaker seems poised to change Mulally with its current COO Mark Fields later this year, the soon ...
BMW increasing i3’s production to meet up with strong demand
BMW has increased the production of the i3 electric car by 43 percent to meet up with the strong demand ...
Nissan GT-R gets crashed in Alberta
A four-year old Nissan GT-R has been recently crashed in Alberta after its driver was racing it and ran through ...
GM says it only wants to dismiss non-injury lawsuits
The US company clarified that it asked in a New York court filling to only dismiss the lawsuits which ask ...
BMW M2 gets rendered
A couple of new renderings with the BMW M2 are providing us with a first look into the upcoming performance ...
Recall roundup: Volkswagen 1.8t powered vehicles
Volkswagen has announced a recall affecting models powered by the 1.8 liter turbocharged four-cylinder engine. The German based automaker Volkswagen has ...
BMW says its X4 crossover SUV would sell well in the US
The X4 follows in the footsteps of the 2009 X6 crossover – which had big SUV dimensions, the interior space ...