Jaguar Land Rover November retail sales down 8%

Jaguar Land Rover reported an 8% decline in its November retail sales, reflecting what the premium auto-maker called “continuing challenging market conditions in China”. Sales in China were down 50.7% as “market conditions remain difficult with continuing consumer uncertainty following tariff changes and trade concerns.”...

Maruti Suzuki car prices to increase next month

Maruti Suzuki, India’s largest car maker, said it will increase car prices next month due to increased costs. “Over the past year, the cost of company’s vehicles has been impacted adversely due to increase in commodity prices and foreign exchange rates, etc. “Hence, it has...

Mahindra acquires Carnation Auto service chain

Mahindra First Choice Services, the servicing arm of Mahindra & Mahindra, said it has agreed to acquire the assets of bankrupt auto-service chain Carnation Auto (India). The company did not disclose the exact number of service centers that will accrue through the deal, but said...

Hero MotoCorp renews partnership with Tiger Woods

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, said it renewed its ‘global partner deal’ with golf player Tiger Woods, originally inked in 2014. Hero Motocorp said it will be the title sponsor of the 2018 Hero World Challenge golfing tournament hosted by...