Passenger vehicle wholesales in India slipped to a 10-year low in the April-December this fiscal, and the industry will have to work hard to regain better volumes and business health, industry body SIAM said on Thursday.
Nomura, Japan's largest brokerage, is considering mergers and acquisitions in order to build its presence in emerging markets such as China and India , where it needs operating licences. Kenichi Watanabe, new chief executive, said on Monday that "the market environment is difficult but [we] consider it a major opportunity" to expand in areas where the company lacks competitiveness.
Little-known American Steve Marino, making his British Open debut, set the target in the clubhouse on five under par early in the second round on Friday. The world number 77 moved one behind Japan's Kenichi Kuboya who was leading the way on six under through six holes.
Passenger vehicle wholesales in India increased by 17 per cent in the second quarter of the current fiscal year as buying sentiment improved and companies stocked up to cater to enhanced demand in the festive season, auto industry body SIAM said on Friday. According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicles sales in the July-September quarter increased to 726,232 units from 620,620 units in the same period last year. Similarly, two-wheeler sales during the September quarter this fiscal rose marginally to 46,90,565 units as compared with 46,82,571 units in the same period last fiscal. However, commercial vehicles sales saw a dip of 20.13 per cent at 133,524 units in the quarter under review as compared with 167,173 units in July-September 2019.
India made a resounding start to their campaign at the Swiss Open Grand Prix Gold with four Indian shuttlers advancing to the second round of the men's singles competition, in Basel, on Wednesday.
India's hope of a medal from the Olympics wrestling competition suffered a rude jolt when their main star Yogeshwar Dutt crashed out after losing to Japan's Kenichi Yumoto 3-6 in the quarter-finals of the 60 kg freestyle in Beijing on Tuesday.
Olympics-bound Indian shuttlers Saina Nehwal and P V Sindhu easily won their women's singles first round matches in the Badminton Asia Championships, in Wuhan, China, on Wednesday.
Indians are not good at manufacturing. Even if they do what we tell them to do, they always need to understand why they are doing it that way, says Japanese management guru Kenichi Ohmae.
Recently, Suzuki Motor Corp (SMC) in an investor presentation expressed strong intent to enter the electric vehicle (EV) space. This is part of a larger strategy the Hamamatsu-based firm has drawn up in developing electrification of technologies as it seeks to achieve carbon neutrality. The significance of this presentation is that it marked the first time that the Japanese carmaker spelt out its EV strategy with well-defined timelines. SMC plans to develop electrification technologies by 2025, fully implement them in products from the same year, and make a full-scale quantitative increase from 2030.
India finally got their penalty corner drill right as they beat Japan 4-3 in their concluding league fixture to finish third in the Champions Challenge hockey tournament in Boom on Saturday.
However, compared to August, vehicle sales increased by 15.25 per cent on the back of discounts. Maruti led the market in offering heavy discounts and incentives for buyers and dealers, reports Arindam Majumder.
Lenders have become worried as some dealers were not using the money provided to them for car financing.
The experienced Indian pair of Jwala Gutta and Ashwini Ponnappa were eliminated from the women's doubles at the Rio Olympics after losing their second successive Group A match on Friday. In a rollercoaster game against the Dutch pair of Eefje Muskens and Selena Piek, Jwala and Ashwini went down 16-21, 21-16, 17-21 in 48 minutes.
Two-time champion and top seed Saina Nehwal and P V Sindhu reached the pre-quarterfinals of the $ 120,000 Swiss Open Grand Prix Gold in Basel.
Around 23 per cent of all units sold by the company in the domestic market currently are diesel cars.
Sales of four- and two-wheelers almost halved in August, compared to the equivalent month last year.
The number of participating automakers has fallen from 50 in 2018 to 30 this year. The count of exhibitors, including technology companies, has come down from 119 to 112. And showstopper luxury and supercar brands, including Toyota, Jeep, Lamborghini, Porsche, and Volvo will be missing. Similarly, the commercial vehicle makers also gave the show a miss -- a prolonged economic slowdown has dented their fortunes and near chances of any recovery.
Named ConceptFutureS, it is a uniquely styled compact car with distinct SUV like characters and will define the next generation of design for compact vehicles in India, the company said.
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.
India's report card on the eigth day of the 2016 Olympics.
India's Parupalli Kashyap played one of the longest matches of his career as he roared into the prequarterfinals.
Prices third Nexa car aggressively at Rs 4.59 lakh, to take on Hyundai's i10Grand and M&M'S KUV100.
The company has already received bookings for 33,000 units so far.
They are also on the board of Maruti Suzuki India.
Olympic bronze medallist Saina Nehwal started her campaign on a positive note, advancing to the second round of the women's singles competition but it was curtains for Parupalli Kashyap and K Srikanth in the men's singles category of the All England championship in London.
A team mate of Japanese badminton Olympic medal hope Kento Momota on Friday confessed to taking the world number two-ranked player to an illegal casino and tearfully begged officials to allow the star to compete at the Rio de Janeiro Games.
Maruti Suzukisaid it was trying to offer more factory-fitted CNG cars to address environmental concerns
The challenges of transition to stricter emission norm BS-VI from BS-IV and compliance to new safety norms thereby making vehicles costlier are lurking around the sector.
The recently anointed managing director and chief executive officer at Maruti Suzuki India Ltd tells Business Standard how he intends to get back to over 50 per cent share in the domestic market, apart from a larger role in the parent's global operations.
The company cited low demand in the second half of the year due to high interest rates, increased insurance cost and fuel prices for its downward revision
The investment will be made through a joint venture with Toshiba and Denso. The battery is the most expensive single part of an EV.
P V Sindhu and Kidambi Srikanth continued their impressive run at the Malaysia Open, progressing to the semi-finals of the women's and men's singles competition with a straight-game wins in the US$ 700,000 world tour super 750 tournament, in Kuala Lumpur.
Maruti's exports are limited and mainly to countries in Africa and Latin America.
Worth Rs 210,024 cr, it is Rs 1,100 cr shy of combined Rs 211,186 cr value of Tata Motors and M&M
Maruti Suzuki claims the new SUV delivers an outstanding fuel efficiency of 24.3 km per litre.
The company had set an annual production target of 250,000 for its Hansalpur plant in Gujarat.
China and Indonesia won the Badminton Asia Team Championships in the women and men's categories respectively at the Gachibowli indoor stadium in Hyderabad on Sunday.
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
New Creta, petrol Vitarra Brezza.. A quick look at what went down at Auto Expo Day 2.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances