Hyundai Motor Co reports drop in first quarter profit by 20%

Hyundai Motor Co reported today more than a 20 per cent drop in its first quarter profit as the anti-Korean sentiment in China sparked by the deployment of the US missile defense system battered the Korean carmakers' sales in...

Volkswagen to launch production of electric utility vehicle in Poland

German carmaker Volkswagen will manufacture its new e-Crafter electric utility vehicles at a factory in neighbouring Poland, a spokesman for the group said Thursday. "At this stage of the project, the design of the vehicle will be finalised in Hanover...

Maruti Suzuki to pay record dividend of Rs 75 per share as Q4 profit...

India's leading auto maker Maruti Suzuki India Limited will pay record dividend for the year through March to Rs 75 per share of face value Rs 5 which is more than double of Rs 35 a year earlier. Announcing...

TVS ranks highest in J D Power Customer Satisfaction Survey

TVS Motor Company emerged as first ranker in the second edition of JD Power 2017 India Two-Wheeler Customer Service Study, with a score of 782, performing particularly well in all five study factors. Honda with a score of 764...

Ducati to roll out five new models in India in 2017

Indian Ducati fans will be much delighted to learn that five new models so far unavailable in the country will be launched this year. The first of these launches will take place in June-July, and the rest too will...

Maruti Suzuki’s fourth-quarter profit up 16 percent

Maruti Suzuki India Ltd, the country's top-selling car maker, posted a 16 percent rise in fourth-quarter profit on higher sales of premium models such as the Brezza SUV and Baleno hatchback, but the profit was slightly below expectations. Net profit...

Small tractor Mahindra JIVO launched; priced up to Rs 4.05 lakh (ex-Maharashtra)

Mahindra & Mahindra has launched a new small four-wheel drive tractor 'JIVO' priced between Rs 3.90 lakh and Rs 4.05 lakh (ex-showroom Maharashtra). The tractor is available in the four-wheel drive version with engine power of 24 horse power. With...

Land Rover announces off-road drive experience in Kolkata

Tata Motors owned British luxury car maker Land Rover has announced Experience Tour in Kolkata, after conducting such journeys successfully in Kochi, followed by Bengaluru, Hyderabad, Aamby Valley, Delhi, Nagpur and Ahmedabad. Under the Experience Tour, customers will get to...

Infosys launches Artificial Intelligence platform Nia for businesses

Building on the success of its first-generation AI platform, Infosys Mana and its Robotic Process Automation (RPA) solution, AssistEdge, Infosys on Thursday launched 'Infosys Nia', the next-generation Artificial Intelligence (AI) Platform for businesses. Infosys Nia converges the big data/analytics, machine...

Volkswagen India launches Polo GT Sport in new avatar

German auto maker Volkswagen today announced the launch of Polo GT Sport. The car is equipped with a host of exterior and interior updates, giving it a sporty and dynamic guise. The Sport edition will be available across both the variants...