Market leader Maruti Suzuki grew over 14 per cent in November compared to the preceding month, whereas Mahindra and Mahindra saw overall sales of its automobile arm rise 13 per cent.

Notably, Mahindra is the only Indian car manufacturer to make electric passenger cars. The Mahindra Electric, formerly known was Mahindra Reva, presently markets e2o Plus and eVerito electric cars for private use.

Teams from both companies will collaborate and work together for a period of up to three years. Any further strategic cooperation between the two companies will be decided at the end of that period.

Sales of SUVs and MPVs grew a staggering 30 per cent in 2016/17 over the previous year, while passenger cars rose 3.85 per cent and vans 2.37 per cent.

Auto companies such as Maruti, Honda and Mahindra and Mahindra are wooing buyers with huge discounts.

As J. Jayalalithaa's close aide and confidante Sasikala takes over the post of chief minister of Tamil Nadu, we take a look at Jayalalithaa's financial fortune that she left behind .

Maruti Suzuki India (MSI) continued to hold sway in the domestic passenger vehicles (PVs) market in October with seven of its models featuring among the top 10 selling cars last month.

Automakers are no longer staring at huge idle capacities, but are firing on all cylinders.

A major gold smuggling racket that illegally brought around 7,000 kilograms of gold worth over Rs 2,000 crore from Myanmar to India in past over two years has been busted by Directorate of Revenue Intelligence (DRI).

Christened as 'New Bolero Power+', its engine delivers 13 per cent more power and 5 per cent more mileage over the existing Bolero, M&M said in a BSE filing.

Market leader Maruti Suzuki India said its domestic sales rose 10.6 per cent in May to 1,13,162 units from ,02,359 units in the same month last year.

According to the latest data from Society of Indian Automobile Manufacturers (SIAM), in the top 10 best passenger vehicles, Maruti's Alto retained the top position in April with 16,583 units, as against 21,531 units in April last year.

Fiscal year 2015-16 was a landmark year for Maruti Suzuki India, India's largest car maker for well over two decades. Its domestic tally, at a little over 1.3 million, was its highest ever, helping it lead the industry with a growth of 11.5 per cent.

Last December, the apex court had banned sale of 2000-cc and above engine diesel vehicles in Delhi and the NRC region till March 31 which was then extended to April 30 till the court hears all the petitions.

According to the latest data from the Society of Indian Automobile Manufacturers, in the top 10 best passenger vehicles, Maruti's Alto retained the top position last month, with 21,462 units.

In the domestic market, its sales were up 9.84 per cent at 40,693 units last month as against 37,045 units in January 2015.

In the domestic market, its sales were up 1 per cent at 34,839 units last month as against 34,460 in December 2014.

Shares of auto companies reacted mixed to the news that Supreme Court has ordered a temporary ban on the sale of large diesel cars in New Delhi.

Sales of passenger vehicles, including Scorpio, XUV 500, Xylo, Bolero and Verito, stood at 19,662 compared with 14,473 in November 2014, up 36 per cent.

\"Post October festive sales have been good for us and on Dhanteras yesterday we sold 11,500 units, which is an increase of 70 per cent from what we did on the same day last year,\" M&M President & Chief Executive (Automotive) Pravin Shah said.