Maruti Suzuki, Hyundai, Mahindra and Toyota reported low single-digit sales growth for the month owing to weak market sentiment
Maruti, Hyundai, Tata Motors, Mahindra & Mahindra and Honda saw their passenger vehicle sales improve in August compared to the same month last year, although Ford and Toyota witnessed a decline.
While the overall passenger car industry is expected to grow at around seven per cent a year in the next five years, SUV growth is expected to be over 10 per cent.
Companies have also managed to find talent created by frequent exits.
At Rs 470,000 for the base petrol variant, Tigor is now the cheapest compact sedan in the country
The new Tata Tigor, Datsun Go and Hero Xtreme 200R are hoping to use celebrity endorsers and gain a foothold in a segment that has been the stronghold of market leaders for several decades. But will it work?
Indian Hotels, Tata Steel, Tata Teleservices, Tata Motors, Tata Power need some immediate attention of the Tata Group chairman
Zest buyers are forced to wait up to six weeks for the automated manual transmission version, available only on this car in the compact sedan segment.
The company has delivered 1,000 cars to buyers and is in the process of delivering another 2,000 units.
Under its Turnaround 2.0 programme, Tata Motors will work to improve its sales capabilities -- "as the product itself is not enough" -- use experiential marketing to excite the market and cut costs to make its offerings more competitive.
The new obsession on cost control is powered by the company's 'GEAR' (Generate idea, evaluate, action and realise the idea) programme.
The measures government takes next to push economic growth will be the key for automotive sector
With swanky showrooms and VR-enabled sales platforms Maruti Suzuki, Tata Motors, and Skoda bet on shine and gloss,and place their faith in experiential branding.
The car will compete with Hyundai Grand i10 and Maruti Suzuki Celerio
Tata group bets on design and price. It looks to mark its spot in a highly cluttered category with its newest offering. Tata Tigor might drives between the lanes!
The company took five years to sell the 250,000 units of the Nano.
The Argentinian becomes the first brand ambassador of the company in its 70-year history.
Market watchers believe Tata Motors' move to upgrade the Nano is a right decision.
While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.
Maurti and Hyundai recorded jump in sales in May.
Carmakers fear an increase of Rs 35,000-40,000 per vehicle for safety equipments.
India Inc has few leaders who are likely to grab headlines in 2015.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
Amid a slowdown in car sales, Maruti Suzuki India on Saturday said it will foray into the light commercial vehicles segment, 30 years after an initial plan was shelved when the company started operations.
2015 will witness exciting new car launches that will prompt you to buy at one of them.
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