Indian Auto Observer

Cheap Chinese imports threaten to derail India's auto parts industry

Dumping by Chinese auto component makers, the products of which are being lapped up by vehicle makers here, is giving sleepless nights to Indian players.

Bosch to expand India biz, open 100 showrooms in 2 yrs

Bosch, the world's leading manufacturer of automotive components and leader in industrial technology, today announced expanding its business operations in India by opening more than 100 exclusive Bosch System Speciality Showrooms (BSS) across the country in the next two years.

VW speeds up Chakan rollout by a year

Europe’s largest carmaker, Volkswagen, has decided to roll out cars from its new Chakan factory in Maharashtra from April 2009, a year ahead of schedule.

Hyundai's India unit sees exports down 25 pc in '09

South Korean car maker Hyundai Motor Co's India unit expects its exports to fall by a quarter next year due to shrinking overseas demand, a company spokesman said.

Bailout failure in US not to affect India biz: General Motors

General Motors India on Friday said the failure of the $ 14 billion bailout package of the Big Three -- GM, Chrysler and Ford -- in the US will not have any impact on its planned investment in the subcontinent.

Bailout misfire trips local auto parts cos

India's auto component industry suffered a major setback that could threaten some $1 billion worth of exports to the US annually, after the Senate rejected a $14-billion bailout package for the country's top three struggling automobile companies General Motors, Ford and Chrysler.

Tyre firms cut prices on excise duty cut

Tyre firms in India have cut prices by 3 to 4 percent across the board, following a 4 percent cut in India's central value-added tax to customers.

TVS Motor cuts two-wheeler prices by up to Rs 2,000

TVS Motor Co, India's third-biggest motorcycle maker, has cut prices across categories by up to 2,000 rupees, following a 4 percent reduction in India's central value-added tax to customers, a top official said.

Your car may become costlier

Customers in Delhi, Himachal Pradesh, Punjab and Rajasthan may end up paying more for buying cars despite the 4% cut in excise duty by the Central government.

Bosch says to cut output on poor demand

Auto parts maker Bosch Ltd said on Friday it was temporarily closing down some production to avoid an inventory build-up due to sluggish demand.