Under pressure from increasing input and freight costs, Maruti on Tuesday hiked prices of certain models, including Alto and M800, ranging between Rs 500 and Rs 5,000.
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In a major boost to the automobile industry, the finance minister on Tuesday cut the excise duty on small cars to 16%.
Manufacturer Nissan plans to get aggressive with brand communication and increase the number of customer touchpoints through showrooms, experience zones and other initiatives.
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.
Though Maruti Swift remains on top of the list, Hyundai Grand i10 is catching up Soon.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push dispatches to their respective retail partners. Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month as compared to the year-ago period, when dispatches were adversely impacted due to the impending transition to BSVI from April 2020 and the nationwide lockdown to contain the coronavirus pandemic. The country's largest carmaker Maruti Suzuki India said its domestic sales stood at 1,49,518 units last month. The auto major had reported sales of 76,976 units in March 2020.
Beating Alto, Swift DZire has emerged as the best selling car in India in May.
The company said its domestic sales rose 19.9 per cent during the month to 90,093 units as against 75,145 units in July 2013.
Companies also said confidence was yet to return among buyers, with many holding back their decision to buy cars.
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Maruti Udyog Ltd on Friday said the repositioning of compact car Alto would give the customer yet another option at the entry-level while asserting that its bread and butter model Maruti 800 would not be phased out.
Powered by a 996cc engine, the transmission is a CVT unit that transfers power to the front wheels.
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
While compact SUV Vitara Brezza will cost Rs 20K more, Baleno will be constlier by Rs 10K
More companies can now get the visa rather than very few taking a lion's share.
Maruti Suzuki India (MSI) on Saturday reported 10.3 per cent decline in total sales in January at 1,02,416 units as against 1,14,205 units in the same month last year.
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While sales of compact cars, including models such as Swift, Celerio, Ignis, Baleno and Dzire declined, sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, increased 26.3 per cent to 19,177 units as compared to 15,178 in the year-ago month.
Apple's stock may be sliding as investors fret about growing competition, but store visits and interviews with smartphone and tablet shoppers in 10 cities around the world suggest consumers share little of that negativity.
Suzuki is developing an 'ECO' variant of the next generation A-Star to provide an amazing fuel economy of 33 kmpl.
It is currently working out the details of the quantum of price increase, which will vary depending on the model.
The first original Apple computer hand-built and signed by the company co-founder Steve Wozniak has sold for more than $387,000 in an online auction.
Maruti, Hyundai and General Motors posted negative results whereas Honda car sales zoomed in November.
Reliance on a single model begins at about 40% and goes up to 80 % in case of some companies
The company said sales in the compact segment comprising Swift, Estilo, Ritz declined by 1.2 per cent to 22,188 units in October this year as against 22,459 units in the same month in 2012.
Maruti Suzuki India is gearing up to introduce by the end of this year a new 800cc car that is likely to be more fuel efficient, but also more expensive, than its existing best selling model Alto.
Maruti Udyog on Friday announced a 0.2-0.75 per cent hike in prices of its main models and variants with immediate effect.
This is the first time in the last five years that an utility vehicle has featured in the top five list.
Maruti Suzuki, Hyundai, Mahindra and Toyota reported low single-digit sales growth for the month owing to weak market sentiment
Besides being budget-oriented these cars also offer fantastic performance and mileage.
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Wants to cut inventory due to slowing sales.
The US president further said he would follow the hearing between Kavanaugh and Christine Blasey Ford, the woman who has accused him of sexual assault, slated to take place on Thursday
Ritu Jha meets Vineet Devaiah, the founder of TeliportMe that he believes will give tough competition to Google Street View
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Yuri Milner purchased the 25,500 square foot property in Los Altos, California.
The French car maker has gained a firm footing in the small car segment, and is well on its way to becoming the topmost European car brand in India
Auto makers step up efforts export cars and offset adverse impact of foreign exchange fluctuations.
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