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Maruti Suzuki announces new executive board

The move was announced internally in a meet in Kochi during the weekend....

Ola in talks with luxury carmakers for self-drive subscription services: Sources

Ola is believed to have earmarked an investment of up to USD 500 million (including debt) for the self-drive service....

Maruti dealer diversifies into mobility services; breaks-even in 6 months

Wahab acknowledges that the diversification idea was rooted in the trend of declining car ownership in metro cities like Bangalore, Delhi, Mumbai, and Cochin, among others. People here are adopting other modes of transport which is being leveraged by cab aggregators as well as car rental service companies....

Toyota, SoftBank fund, Denso invest $1 billion in Uber

Japans top automaker Toyota, auto parts maker Denso and internet company SoftBanks investment fund are investing $1 billion in car-sharing Ubers technology unit....

Automakers invest heavily in electric vehicles despite still-low demand

Demand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience....

Nissan to cut global production by 15 percent

That would be the steepest production cut in more than a decade by the Japanese automaker, as it battles weak sales in overseas markets including the United States where it plans to scale back sales operations, the Nikkei reported. ...