Hit hard by rupee depreciation, automobile companies including Toyota and General Motors, are keeping options open to increase prices of their vehicles.
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.
'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
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.
Car sales likely to touch record 3-mn mark by the end of March.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
Car recalls have now become the flavour of the season, a byproduct of the booming auto business.
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.
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.
Here are some areas where costs have grown, and where income that had been expected will not materialise.
The 28-year-old from Kerala had spent two weeks stressing over his physical and mental health after contracting COVID-19 last November.
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 China auto show saw some amazing models being rolled out, some for the first time. Rajesh Karera/Rediff.com picks the best of the lot.
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.
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.
Tata is expected to price Aria somewhere between Toyota Innova and Ford Endeavour.
Yet, the crisis is far away from blowing over. Will Dubai resurrect itself? Will all that gold glitter again? Will the Burj Tower take Dubai to new heights? Guess, we will have to, in Sheikh Maktoum's words, 'shut up' and wait.
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 world is weird and we have the images to prove it!
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.
Japan's Kamui Kobayashi will make his Formula One race debut in Brazil next weekend after Toyota ruled out regular driver Timo Glock due to a back injury on Sunday. Toyota said the 27-year-old German is also doubtful for the season-ending Abu Dhabi Grand Prix on November 1.
Other players who have declared no production days in the recent past, and during this month, include Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp, Bosch, Jamna Auto, Wabco and Sundaram-Clayton.
A weaker rupee against the US dollar and the Japanese yen along with margin sustenance pressures have forced companies to raise prices.
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.
Both cars come with multiple engine options. The Xylo comes with three diesel engine choices, which is a bit of overkill given that there is no petrol option here.
The Accord Hybrid will be imported through the CBU route to India
The government has mandated that from October 2017, all new car models will have to be equipped with airbags to meet crash test norms.
Close to half a dozen more three-row premium mid-size models are expected to hit the road over the next two years.
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.
Mahindra e20Plus; Tata Hexa; Volvo S90; New Toyota Fortuner; New Hyundai Tucson. Get ready for the beauties!
What worked for Hyundai in India when so many other auto manufacturers have had to eat humble pie? Pavan Lall finds out.
Sanjay Kirloskar, promoter of Kirloskar Brothers, moves Supreme Court to enforce a family settlement signed in 2009.
The Etios Liva would mark Toyota's entry into the highly popular premium hatchback segment.
China, United States and Japan are the world's top automobile manufacturing countries.
Right now, the 'Lower D' or LD segment -- which the industry defines as a sedan that costs between Rs 1.5 million and Rs 2 million, is longer than 4.5 metres, and powered by an engine of 1.8 litre or larger -- has barely three cars, all of which have been around for over a decade in India. Nevertheless, at least one foreign auto player is looking to bet big on the segment.
government is expected to roll out a policy for hybrid and electric vehicles (xEV) this April after over a year of consultations.
Burgeoning demand for spacious people movers in India has led Ashok Leyland, a medium and heavy truck builder, to plan on developing a utility vehicle to take on the likes of Toyota Innova, India's largest selling multi-seater personal vehicle.
Shedding their boring boxy structure, the MUVs of today are not only offered with their prime USP of space, but also offer amazing exteriors and feature-filled interiors.
Maruti Suzuki, Hyundai, Mahindra and Toyota reported low single-digit sales growth for the month owing to weak market sentiment
