Delhi Auto Expo 2014

A photo of Dilip Chabria taken from DC Design's official website.
Raising Capital

DC Design mulls IPO to raise up to $24 million

Indian automotive design and modification firm DC Design is considering an initial public offering this year to raise about 1 billion to 1.5 billion rupees ($16 million-$24 million) to expand its operations, its founder said in an interview. The company would consider filing for an IPO among other ways to raise capital after its Avanti supercar goes on sale later this year, Dilip Chhabria said.  Full Article 

The Renault-Nissan hatchback 'Datsun Go' is pictured after its launch in Gurgaon on the outskirts of New Delhi July 15, 2013. REUTERS/Adnan Abidi/Files
Datsun Go in India

Nissan to sell new Datsun car next month

Nissan Motor will start selling its resurrected Datsun brand in India next month, picking the world's sixth-largest auto market to debut the car targeted at emerging economies. The Datsun Go hatchback is expected to cost less than 400,000 rupees, competing with inexpensive cars from Indian car market leader Maruti Suzuki and Hyundai Motor.  Full Article 

A woman rides a scooter during heavy rainfall in Chandigarh July 10, 2012. REUTERS/Ajay Verma/Files
Scooter Boom

Young women find gusto on India's roads

'Plush pink' and 'burgundy bliss' scooters are the new buzz on India's roads, even as the rest of the autos market is sputtering amid an economic slowdown. The scooters go by names such as "Pleasure", but marketing aside, this new fleet of women-friendly bikes reflects a deeper change in attitude and society in India, and has captured the attention of foreign manufacturers.  Full Article 

Workers stand under the logo of Honda Motor Co. outside the company's headquarters in Tokyo October 30, 2013. REUTERS/Issei Kato/Files
Gujarat Factory

Honda to build fourth motorcycle plant in India

Honda Motor said on Wednesday it would build a fourth motorcycle factory in India with initial investment of roughly 11 billion rupees and annual output capacity of 1.2 million vehicles. The factory, to be located in Gujarat, is due to start production in the latter half of the business year ending in March 2016.  Full Article 

The 2004 five-passenger version of the Isuzu Ascender is on display at the 2003 New York International Auto Show on April 17, 2003. REUTERS/Shannon Stapleton/Files

Isuzu plans to start India production in 2016

Japanese truck maker Isuzu Motors Ltd plans to start production at a plant it is building in southern India with an investment of 30 billion rupees in 2016, a senior company executive said on Wednesday. The plant will have an initial capacity of 50,000 vehicles and can be expanded later to 120,000, Takashi Kikuchi, managing director of Isuzu's Indian unit said.  Full Article 

Workers leave the Revoz factory that produces cars for Renault in Novo Mesto March 24, 2009. REUTERS/Srdjan Zivulovic/Files
New Entrant

Renault eyes India's low-cost car segment

France's Renault may launch a car priced below 450,000 rupees in India, a senior executive said on Monday, as the company looks to tap the biggest and fastest growing segment of the Indian car market. The company also plans to increase its dealership network in the country to 175 by the end of this year.  Full Article 

Kumar Galhotra, Vice-President, Engineering, Ford Motor Company, stands next to a Ford Figo global compact concept car at a press preview in New Delhi February 3, 2014. REUTERS/Adnan Abidi
Compact Cars

Small sedans seen as next hot market in India

Carmakers will showcase compact sedans at India's largest auto show this week, targeting what they think could be the next hot market in a country long dominated by ultra-cheap hatchbacks. Manufacturers are still banking on emerging economies including India, the world's sixth biggest auto market by volume, to drive long-term growth despite a recent slowing in demand.   Full Article 

Tim Leverton, Tata Motors' head of research and development, gestures after unveiling Sedan Zest car in New Delhi February 3, 2014. REUTERS/Anindito Mukherjee
New Cars

First new Tata Motors cars in four years

India's largest carmaker Tata Motors unveiled its first new models in four years on Monday, banking on two small cars to reverse the company's sliding passenger car sales in the face of growing foreign competition. Sales of Tata passenger vehicles in India fell an annual 37 percent in the first nine months of the fiscal year that ends in March, according to data.  Full Article