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Factbox: Automakers get serious about electric cars
Fri, Nov 17, 2017
Europe`s largest carmaker by unit sales will spend more than 34 billion euros ($40 billion) on electric cars, autonomous driving and new mobility services by the end of 2022.
Apple, Volkswagen, BMW warn EU over patent fees guidelines
Thu, Oct 26, 2017
The move comes as the EU executive ponders whether a fridge maker should pay a different rate for crucial patents than a carmaker, or whether a flat, fixed rate would be fairer.
Google most authentic brand in India: Report
Thu, Oct 19, 2017
Sony, YouTube, BMW, Mercedes Benz and British Airways are the other brands to feature in the top 10.
Tough road ahead for Tata Motors with JLR’s margins declining and expenses rising
Thu, Aug 31, 2017
Jaguar Land Rover has seen a decline in its EBITDA margin, while its expenses had increased significantly over the last two years, which is a cause for concern for parent company, Tata Motors.
BMW launches all-new 5 Series in India priced at 49.9 lakh
Thu, Jun 29, 2017
The BMW's new 5 Series model will be available in both petrol and diesel engine options and will start deliveries only in July after the roll out of GST.
Japanese airbag maker Takata files for bankruptcy, gets US sponsor
Mon, Jun 26, 2017
Japan's airbag maker Takata has filed for bankruptcy protection in the United States (US) and Japan and said it would seek $1.6 billion in aid from US-based Key Safety Systems (KSS).
BMW to invest Rs 130 crore in India to rev up operations
Sun, Jun 18, 2017
German luxury carmaker BMW is investing another Rs 130 crore in India to enhance operations, taking its total investment in the country to Rs 1,250 crore.
GST impact: Luxury carmakers begin cutting prices
Wed, May 31, 2017
While luxury automobile manufacturers such as Mercedes Benz, BMW and Audi India announced price cuts last week, JLR and Ford this week joined in by offering discounts on their cars too.
With Mercedes-Benz, BMW cutting prices, luxury cars to be cheaper by upto Rs 7 lakh
Fri, May 26, 2017
More luxury car manufacturers are expected to reduce the prices after Mercedes-Benz and BMW announced price cuts.
U.S. to probe Japanese, German automakers over alleged patent violations
Mon, May 01, 2017
The U.S. International Trade Commission (USITC) on Friday listed 25 companies in the probe, including BMW, Honda Motor Co Ltd, Toyota Motor Corp, along with Japanese parts suppliers Aisin Seiki Co Ltd and Denso Corp.
BMW to launch 40 new cars in next two years to compete with Mercedes Benz
Tue, Mar 21, 2017
Mercedes-Benz, flagship of Stuttgart's Daimler group, beat BMW to the top spot in the luxury car segment last year for the first time in more than a decade.
Intel to buy Israeli driverless technology firm Mobileye for $15.3 billion
Mon, Mar 13, 2017
The $63.54 per share cash deal is the world's biggest purchase of a company solely focused on the autonomous driving sector. Mobileye accounts for 70% of the global market for advanced driver-assistance.
Maruti Suzuki ranked at top spot in reputed automobile brand list 2017
Tue, Mar 07, 2017
Maruti Suzuki was followed by Hyundai and Honda Cars as the most reputed brands in automobile.
Maruti Suzuki Swift emerges as most popular car among online customers in 2016: Droom's survey
Thu, Feb 16, 2017
Droom's latest annual consumer survey has revealed Maruti Suzuki Swift as the winner of the most popular car among its customers in 2016.
Thai Airways to probe jet engine maker Rolls-Royce corruption
Thu, Jan 19, 2017
Thailand`s flagship airline on Thursday said it had launched a probe into revelations that Rolls-Royce paid millions of dollars in bribes to win contracts, including to airline employees and government officials.
BMW Group India delivers over 7800 Units in 2016, achieving growth of 14%
Wed, Jan 11, 2017
BMW Group India has delivered 7861 cars to customers in calendar year 2016. This includes 7500 BMW cars and 361 MINI cars. Moving ahead on a positive course, BMW Group India sales for 2016 have grown by 14% as compared to 2015.
Mercedes-Benz to overtake BMW as largest premium carmaker
Mon, Jan 09, 2017
Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early - a feat achieved, ironically, only after it stopped chasing market share and focused on making stylish high-tech cars loved by consumers.
Automakers, suppliers team up to share costs of self-driving cars
Sun, Jan 08, 2017
Automotive suppliers and automakers are expanding alliances to develop self-driving car technology that can serve multiple automakers, as the race to put such vehicles on the road separates companies that can go it alone from those that need help sharing the financial and technical burdens.
Audi sales hit record in 2016, despite losing ground to rivals
Sat, Jan 07, 2017
Audi raised deliveries by 4 percent in the United States where VW`s emissions test-cheating scandal broke in 2015 and reported 6.4 percent more sales in Britain, its No. 2 European market, the spokesman said, confirming figures first reported by German daily newspaper Die Welt in its Saturday edition.
BMW to recall over 1.93 lakh vehicles in China
Mon, Dec 26, 2016
German automaker BMW will recall 1,93,611 cars in China over a defect in their airbags, a quality watchdog said on Monday.