Auto makers and consumers are waiting to learn whether the upcoming federal budget will raise taxes on diesel-powered vehicles and end diesel-fuel subsidies.
Tata’s investment in JLR has paid off. In the fiscal year ended in March 2012, the luxury brand accounted for 67% of Tata’s consolidated revenues and 90% of its profits.
As part of the auto maker’s strategy to double its global sales to 800,000 units by 2020, Volvo plans to co-develop an assembly plant at Sanand in Gujarat state with Tata and Ford India.
Honda has exported only 1,028 vehicles during its 17 years in India. However, the auto maker, plans to make its Noida plant in New Delhi an export hub, rolling out 2,500 units every month.
The auto maker’s plan to introduce seven new models in India by 2015 is underpinned by tripling its vehicle and engine capacity and doubling the size of its dealer network.
The auto maker’s India penetration can be attributed in part to rebadging, which produces high-quality, relatively inexpensive vehicles that save on development time. Some brands are carried over from markets...
October’s result in part reflected recovery from the depressed economy and Maruti Suzuki’s production disrupted by labor unrest. But it also topped September deliveries by 7.2%.
Slym’s goal is to widen, modernize and improve the quality of Tata’s product portfolio so the auto maker eventually can challenge Maruti Suzuki for market leadership.
Following the dissolution of Honda Siel Cars, the auto maker has fresh plans for a diesel engine plant, small sedans, smaller CUVs and even-smaller cars in India’s lowest tax bracket.
The auto maker’s inability to maintain both volumes and sustained excitement stems from its limited diesel offerings and new launches that mostly have been remakes.