The company had launched the Yaris in May 2018 at a price range of Rs 8.75 lakh and Rs 14.07 lakh (ex-showroom), competing with the likes of Honda City, Hyundai Verna and Maruti Suzuki Ciaz. However, it didn't have a robust response in the market, clocking a cumulative wholesales of around 19,800 units.
The Virtus is indeed designed to look, act and behave like a well-built European sedan that swims in the segment between the compact sedan VW Vento and the larger Passat, says Pavan Lall.
It has hiked prices of diesel variants of Ciaz and Ertiga models with smart hybrid technology
While the Slavia comes in eight different variants, it's the base model that starts at around Rs 10.7 lakh that is most likely to take a bite out of the market share of its competitors, says Pavan Lall.
The car will come with a petrol and a diesel engine option.
The company had sold 1,58,076 units in March last year, Maruti Suzuki India said in a statement. Domestic sales declined by 46.4 per cent at 79,080 units last month as against 1,47,613 units in March 2019, it added.
With multiple options in the compact sport utility vehicle (SUV) and compact sedan space, the mid-size sedan seems to be losing its charm among customers.
The company cut production of its mini cars comprising Alto, and S-Presso by 98.32 per cent at 401 units as against 23,874 units in the year-ago month.
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 country's largest carmaker Maruti Suzuki India (MSI) on Thursday reported a 30.8 per cent increase in total sales at 1,60,442 units in September. The company had sold 1,22,640 units in September last year, MSI said in a statement.
Car makers are either tweaking their existing engines or developing new powertrains to attain maximum mileage numbers and attract more buyers.
The country's largest carmaker, Maruti Suzuki India (MSI) on Friday reported a 4.5 per cent increase in total sales at 1,53,435 units in October.
Sales of mini cars comprising Alto and WagonR were at 11,577 units as compared to 37,710 units in July last year, down 69.3 per cent.
Popular new models like Maruti Ciaz and Hyundai Elite i20 are reported to get dearer in a few days time.
Around 23 per cent of all units sold by the company in the domestic market currently are diesel cars.
While Toyota will acquire 4.94 per cent shares of Suzuki, worth $ 908 million, the latter will make a $ 454-million investment in the biggest automaker of Japan. Premium products from the Maruti stable such as the Baleno, Ciaz and Vitara Brezza will be sold under the Toyota brand with small changes.
India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, observes T N Ninan.
The model, which will compete with the likes of Hyundai Verna, Maruti Suzuki Ciaz and Skoda Rapid, now features smart devices ecosystem including Alexa remote capability and 32 connected features as standard feature across all variants with a five-year free subscription.
India's car market leader Maruti Suzuki India unveiled two concept models - sedan Ciaz and crossover SX4 S-Cross - as it looks to enhance its position in the bigger sedan segment going forward.
With Nexa, the value-for-money mass-market car maker hopes to attract premium buyers. Sangeeta Tanwar reports.
Maruti Ciaz and Ertiga are exempt from the infrastructure cess and so, there is no change in the prices of these models.
The AMT technology essentially allows a driver to drive both in a fully automatic mode or in a partially-automatic mode.
Maruti Swift DZire cuts out as the most fuel-efficient offering.
Maruti Suzukisaid it was trying to offer more factory-fitted CNG cars to address environmental concerns
Maruti Suzuki India's grip on the country's car market tightened in October with six of its models, including the newly launched mid-sized sedan Ciaz, featuring in the top 10 selling brands in the month.
With the new Verna, Hyundai takes on Honda. Beating the Honda City is something the country's second-largest car maker has taken upon itself with its new launch. Will it succeed?
The Maruti Vitara Brezza is a durable performer on our city roads as well as highways, writes Indian automotive website MotorBeam.com.
PNB took the delivery of these high-end luxury cars worth approximately Rs 1.34 crore last month, unmindful of the coronavirus outbreak, subsequent nation-wide lockdown and its crippling effect on the financial sector as well as the economy. The annual depreciation on this purchase will be around about Rs 20 lakh.
Practice of opening bookings for cars prior to launch has been followed by several companies over many years in India.
The Centre has advised banks to make a 20 per cent reduction in expenditure related to non-core business activities, along with deferring "avoidable expenditure" on "purchase of staff cars", "refurbishment of guest houses" and on the interior decoration of administrative and back offices.
It is currently working out the details of the quantum of price increase, which will vary depending on the model.
Includes all-new versions of Swift and Swift Dzire.
Its sales grew 21% to 165,346 units
When a manufacturer launches the fifth generation of a product, it is given that earlier avatars hit the mark. Ditto for the new Honda City, the latest version of which also brings in sweeping changes to the carmaker's product strategy for the Indian market, says Pavan Lall.
From Alto to Audi, get car discounts of up to Rs 900,000
The Toyota Yaris was finally launched in India last month. Rajesh Alva/Rediff.com offers a quick checklist of what appeals to him about the car, and what doesn't.
Prominent ones are Maruti's smoky Ciaz and Fiat's gorgeous Avventura.
With an amazing start some of more interesting models to be launched this month are - Mercedes Maybach S600, Renault KWID, new Ford Figo and the Mahindra TUV300( launched recently)
Maruti's exports in May were down 2.4% at 9,089 units
The ongoing elections and overall subdued market sentiment continue to affect the sales momentum