While the rich are buying expensive luxury vehicles in Patna, the poor continue to suffer. The pandemic, discovers M I Khan, has cast new light on the stark economic divide in the capital city of Bihar, India's poorest state.
Rajesh Alva/Rediff.com reveals the good, bad and ugly of the latest MPV from the Mahindra stable.
Almost every global brand is introducing its vehicles into the Indian car market.
The country's top carmaker Maruti Suzuki India (MSI) on Wednesday said it has decided to advance maintenance shutdown at its two Haryana-based manufacturing plants by a month amid a surge in the COVID-19 cases across the country. The auto major was supposed to take the shutdown at its two plants in Gurugram and Manesar in June, but due to the tsunami of COVID-19 cases, it decided to take it one month earlier to save oxygen for medical needs. MSI noted that as part of the car manufacturing process, it uses a small amount of oxygen in its factories, while relatively much larger quantities are used by the manufacturers of components.
Most auto companies posted positive reults, while others saw a dip due to high interest rates, high fuel prices and other factors.
The GST Council last year imposed a cess of 15 per cent on hybrid vehicles, in addition to the 28 per cent GST, leading to a total tax burden of 43 per cent against a previous tax rate of 28 per cent.
The car is built in a manner that stands tall and rugged on the city streets, without ever being uncomfortable, says Pavan Lall.
The Indian duo ran-up a 7-2 lead early on, before entering the break at 11-7. Satwik and Chirag continued to move ahead and eventually grabbed the opening game.
Previous hybrid-only strategy changed ahead of 2017 launch.
In a rare face off, captains of the auto industry have hit out at the government for not walking the talk. At an industry event in the capital on Wednesday, R C Bhargava, chairman of India's largest carmaker Maruti Suzuki, and Venu Srinivasan, chairman of TVS Motor, questioned the government's intent to support the auto sector. Revenue secretary Tarun Bajaj sat in the audience listening, before his turn came to counter them.
The Toyota Corolla Altis sold in other Asian markets, is also powered by the same 1.4-litre D4-D engine that churns out similar power.
Dealers have stocked up vehicles in the run-up to a price hike, which is expected to be announced by leading players some time this month.
When corruption eats into the vitals of a nation, the State structures decompose and collapse. And when the leadership loses respect of the people, the war is lost, asserts Ambassador M K Bhadrakumar, who played a stellar role in beginning India's systemic dealings in Afghanistan in 1994.
Maruti's compact segment comprising New WagonR, Swift, Celerio, Ignis, Baleno, Dzire, and utility vehicles, including Gypsy, Ertiga, XL6, S-Cross and Vitara Brezza saw robust sales, while the mini segment comprising Alto, S-Presso and Old WagonR saw negative growth.
Auto component makers in India are bracing for a tough time. High absenteeism among workers owing to Covid-19, shortages of critical parts, and temporary closures of plants by automobile manufacturers have thrown a spanner in the works for the Rs 3.2-trillion sector, which derives 60 per cent of its revenues from automobile original equipment manufacturers (OEMs), with the balance split equally between replacement demand and exports. Car market leader Maruti Suzuki India on Saturday said it was extending the maintenance shutdown, which was from May 1 to 9, till May 16, "keeping in view the current pandemic situation". Some activities will continue in the plants.
The National Investigation Agency (NIA) on Thursday seized two more luxury cars allegedly used by suspended Mumbai police officer Sachin Waze, sources said.
Here are some areas where costs have grown, and where income that had been expected will not materialise.
Bengaluru's manufacturing sector has in the past few years witnessed one of its worst phases, thanks to labour unrest in the region's industrial hub.
'The promises of netas and babus and new laws, however well-meaning, mean little.' 'What matters is implementation on the ground.' 'Every law is finally implemented by a vast army of offici
Satwik and Ashwini, who reached the semi-finals at Toyota Thailand Open Super 1000 in January, will meet the winner of the match between fifth-seeded Malaysians Tan Kian Meng and Lai Pei Jing and Germany's Jones Ralfy Jansen and Kilasu Ostermeyer.
Indian businesses' weak ability to compete overseas says much about the infirmities imposed by the intensity of government dominance of economic policy and the nature of this dominance, observes Kanika Datta.
Competing with the cars from big auto companies, Swift and Swift Dzire have made its way into the top 20.
Reflecting the mood, passenger vehicle sales in November either remained muted or skidded for most manufacturers as high fuel prices and the higher cost of borrowing dampened buying sentiment.
Organisers said last December that the entire cost of holding the Games would come to about $15.4 billion, including $2.8 billion in costs for the unprecedented postponement from 2020. Since then, the projected bill for postponement has risen to $3 billion.
The 28-year-old from Kerala had spent two weeks stressing over his physical and mental health after contracting COVID-19 last November.
Akio Toyoda tops the list of 25 most powerful people in the business world.
Maruti has announced it will phase out diesel variants from April 1, 2020, when stringent BS VI norms take effect
The Rs 17.70-lakh Honda Civic competes with the Skoda Octavia, Toyota Corola Altis and Hyundai Elantra.
Japanese chief cabinet secretary Katsunobu Kato declined to give details but said Japan would make every effort to protect the Games from possible hacking attempts.
Leading automakers Maruti Suzuki India, Hyundai Motor, Kia Motors and Tata Motors reported sales growth in the domestic market in November, aided by robust offtakes amid the festival season. While Maruti Suzuki India reported marginal growth, Hyundai logged in its highest ever monthly sales in November. Others like Honda Cars India, Toyota Kirloskar Motor, Mahindra & Mahindra and MG Motor India also reported sales growth in November as compared with the same month last year.
The Etios sedan will be available in four variants.
Close to half a dozen more three-row premium mid-size models are expected to hit the road over the next two years.
The world is weird and we have the images to prove it!
Car sales likely to touch record 3-mn mark by the end of March.
When it comes to the replacement of old tyres with new ones, car owners are in a catch-22 situation, wondering about the tyre brand, price and most importantly, tyre warranty.
Sanjay Kirloskar, promoter of Kirloskar Brothers, moves Supreme Court to enforce a family settlement signed in 2009.
Hit hard by rupee depreciation, automobile companies including Toyota and General Motors, are keeping options open to increase prices of their vehicles.
The Indian team, comprising Olympic hopefuls PV Sindhu, Saina Nehwal and B Sai Praneeth, have been allotted training timings. The players also had their first gym session in the afternoon.
The only reason why the Marazzo interests you is because your budget doesn't afford you the better MPV, the Toyota Innova and that's where Mahindra has played the masterstroke, the price, it fits right between the Ertiga and Innova and if you want an MPV in this price bracket, the Marazzo is just unbeatable.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
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