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mahindra cuts 1500 jobs as slowdown crisis worsens

Mahindra Cuts 1500 Jobs As Slowdown Crisis Worsens

One of India's largest automobile manufacturers, (M&M) Mahindra and Mahindra announced plans for deferring of investments, and also said they would be cutting 1,500 jobs this financial year, thanks to the auto industry's prolonged negative growth, according to the International Business Times. Pawan Goenka, Managing Director, Mahindra and Mahindra, said, "About 15%-20% of capex from our original capex plan could be ........

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skoda karoq and kamiq suvs launch timelines revealed for india

Skoda Karoq And Kamiq SUVs Launch Timelines Revealed For India

Skoda took up the charge for the India 2.0 project as the brand has embarked on a new strategy by appealing to customers with high local content at competitive price range. This will be achieved through heavily localised MQB A0 IN platform and the first product will be a mid-size SUV. Skoda Auto India’s Director – Sales, Service & Marketing, Zac Hollis, has been openly answering questions on Twitt........

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maruti suzuki announce job cuts for over 3000 temporary employees here s why

Maruti Suzuki Announce Job Cuts For Over 3000 Temporary Employees: Here’s Why!

Maruti Suzuki has announced that over 3000 temporary employees have lost their jobs. The company has stopped renewing contracts of such employees due to the continuing slowdown in the Indian auto industry. However, LiveMint reports that R C Bhargava, Chairman, Maruti Suzuki India (MSI) has insisted that the permanent employees have not been affected by the job cuts in the company. He went on to state that contract workers will be hired when the demand for the products increase in the future. "This is a part of the business, when demand s........

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mclaren announces new ultimate series supercar will be its lightest ever

Mclaren Announces New Ultimate Series Supercar; Will Be Its Lightest Ever

Mclaren announced an all-new ultimate series supercar during the Pebble Beach Concours d'Elegance. The yet-named model is a two- seat, open cockpit roadster that will be the latest offering in McLaren's range-topping Ultimate series lineage of supercars that includes the P1TM, Senna and Speedtail. The production of this car is limited to 399 units but the roadster will be different both the McLaren Senna; w........

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mahindra inaugurates first automotive assembly plant in sri lanka

Mahindra inaugurates first automotive assembly plant in Sri Lanka

Mahindra & Mahindra Ltd on Saturday expanded its global footprint with the inauguration of a local automotive assembly plant at Welipenna near Colombo in Sri Lanka. Christened Mahindra Ideal Lanka Pvt Ltd, the assembly plant has been set up in collaboration with Ideal Motors of Sri Lanka. The plant spread across 10 acres rolled out its first product, the compact sport utility vehicle KUV100, and will roll out a slew of products over the next three years. The knock-down kit (CKD) assembly plant was inaugurated in the presence of Sri La........

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mercedes benz v class first drive review autox

Mercedes-Benz V-Class First Drive Review - autoX

Read our Mercedes-Benz V-Class First Drive Review by our experts with detailed specifications, performance, handling, reliability & images.........

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bmw x4 review autox

BMW X4 Review - autoX

Read our BMW X4 Review by our experts with detailed specifications, performance, handling, reliability & images.........

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kia seltos review first drive

Kia Seltos Review: First Drive

Read our Kia Seltos Review by our experts with detailed specifications, performance, handling, reliability & images.........

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jeep wrangler launched in india priced at rs 63 94 lakh

Jeep Wrangler Launched In India; Priced At Rs. 63.94 Lakh

The 2019 Jeep Wrangler has officially gone on sale in India, priced at ₹ 63.94 lakh (ex-showroom, India). The new-gen Wrangler will be available only in the 5-door Wrangler Unlimited version. The new-gen Jeep Wrangler SUV will be sold in India as a (completely built unit) model. Design-wise, the off-road SUV comes with the same butch and boxy silhouette that is signature to the Wrangler, with new modern elements. So, upfront, the SUV gets the iconic seven-slot grille flanked by classic round headlamps with LED units. (The 2018 Jeep Wrangler made its global debut in l........

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kia seltos mass production begins at anantapur manufacturing facility

Kia Seltos mass production begins at Anantapur manufacturing facility

Kia Motors has started the mass production of Seltos at its manufacturing facility in Anantapur, Andhra Pradesh. The compact SUV has gone into production after being tested for over 20 lakh kilometres across the country. The first production version of Seltos was rolled out on August 8. The compact SUV will be launched here on August 22. Unveiled in India on June 20, Kia Seltos is generating a tremendous response from the customers. A testament to its popularity is the fact that within three weeks of the commencement of bookings on July 16, the upcoming comp........

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jaguar xj50 review autox

Jaguar XJ50 Review - autoX

Read our complete Jaguar XJ50 Review by our experts with detailed specifications, performance, handling, reliability & images.........

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hyundai kona electric suv review autox

Hyundai Kona Electric SUV Review - autoX

Read our complete Hyundai Kona Electric SUV Review by our experts with detailed specifications, performance, handling, reliability & images.........

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ducati diavel 1260 s review autox

Ducati Diavel 1260 S Review – autoX

Now, in 2019, Ducati has launched the Diavel 1260 S in India. We’re in Spain to test out the Diavel and further draft a Ducati Diavel 1260 S review........

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2020 bmw s 1000 rr review autox

2020 BMW S 1000 RR Review - autoX

Read our complete 2020 BMW S 1000 RR Review by our experts with detailed specifications, performance, handling, reliability & images.........

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renault zoe autonomous review first drive

Renault Zoe Autonomous Review: First Drive

Read our complete Renault Zoe Autonomous Review by our experts with detailed specifications, performance, handling, reliability & images.........

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hyundai santro review first drive autox

Hyundai Santro Review: First Drive - autoX

Hyundai India has become the 2nd leading carmaker in the Indian market, and the sole reason for the Korean automaker’s success is the Santro. It all harks back 20 years into the past. You see, the Santro was the first product from Hyundai, and hitting success with that first product in a new market is...........

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Tata Harrier Review: A smaller Land Rover with Tata insignia

Ever since Tata Motors showcased their H5X concept at the 2018 Auto Expo, the Harrier became one of the most anticipated cars of the year. You see, it...........

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2019 ford figo review

2019 Ford Figo Review

Read our Ford Figo Review by our experts with detailed specifications, performance, comparison,handling, reliability & images etc.........

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hyundai creta sports edition launched in india prices start at rs 12 78 lakh

Hyundai Creta Sports Edition Launched In India — Prices Start At Rs 12.78 Lakh

Hyundai India has silently introduced the Creta Sports Edition in the Indian market. The new Hyundai Creta Sports Edition is available with a starting price of Rs 12.78 lakh, ex-showroom (Delhi). The new limited-edition model is offered with a number of minor yet significant cosmetic updates, along with the addition of extra features and equipment. The cosmetic updates on the exterior of the Creta sports edition inc........

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nissan kicks review first drive autox

Nissan Kicks Review: First Drive - autoX

Read our complete Nissan Kicks Review by our experts team, specifications, mileage, price , video and images at autoX.........

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