Union Minister for Road Transport and Highways and the Minister of Micro, Small and Medium Enterprises Nitin Gadkari on Monday said that US clean energy and electric automaker Tesla will …
cars in India
- Hyundai
Hyundai India received 30,000 bookings for new i20 in 40 days of launch
by SpeedLuxby SpeedLuxHyundai Motor India on Monday said it has received about 30,000 bookings for the all-new version of its premium hatchback i20 in the last 40 days. The company, which is …
Tesla held initial discussions with Karnataka government officials on September 10, who are looking for a possible investment by American electric automaker in a research facility located in Bengaluru, people familiar with the matter …
- General MotorsGreat Wall
India-China tensions delay sale of General Motors’ plant in India
by SpeedLuxby SpeedLuxDelays to American automaker General Motors’ sale of its Indian plant to Chinese automaker Great Wall Motor because of the tensions between India and China are likely to result in hefty …
- Toyota
Toyota no longer planning expansion in India, due to high tax regime, claims official
by SpeedLuxby SpeedLuxToyota Motor won’t expand any more in India due to the country’s high tax regime, a blow for Prime Minister Narendra Modi, as India continues to attract global companies to offset …
Toyota Motor will offer its cars in India on leases or shorter-term subscriptions, hoping to cover the growing demand for private transport as travelers avoid traveling in public transport due …
- Asian
India reportedly urges auto companies to cut royalties to foreign parents
by SpeedLuxby SpeedLuxIndia’s commerce minister has asked automakers to observe ways to decrease royalty payments to foreign parent companies for use of technology or brand names, two sources said according to Reuters, …
Automotive parts maker Robert Bosch GmbH experienced a loss of Rs 200 crore ($26.7 million) in the first quarter compared to a profit of Rs 280 crore ($37.4 million) a year …
Kia Motors has revealed its sub-compact SUV Sonet in a world premiere on Friday. The car will be offered with 3 engine options of 1.2-litre petrol, 1.0-litre turbo petrol, and …

