Major carmakers in the country are loading barrels for the coming battle in the field, reports Arnab Dutta.
Passenger vehicle sales continue to drop in June; Maruti, Hyundai, Tata Motors, Toyota witness decline. Mahindra & Mahindra, however, reported a 4 per cent growth.
However, sales of mini segment cars, including Alto and WagonR, declined 7.9 per cent to 25,524 units from 27,712 in the year-ago month
Maruti Suzuki India continued its grip in the passenger vehicles market in India with five of its models in the top ten best selling models in June.
Car makers see good sales post Diwali.
Maruti Udyog on Monday said its cars were set to become dearer by 2-2.5% owing to rise in steel prices and technology cost for new emission norms.
The batting ace said it is vital that the Indian team starts the Asia Cup with a bang to extend their good form into the new season.
In the two-wheeler segment, Bajaj Auto reported 31 per cent jump in total sales at 357,883 units in February against 273,513 units in the same month last year.
Leading carmaker Maruti Udyog on Tuesday kicked off a new 'loyalty bonus' programme for its existing customers in a fresh attempt to boost car sales.
Maruti has reported a 3 per cent rise in vehicle sales to 43,603 units in February 2005 including 3,777 units of exports, as against 42,263 vehicles sold in the corresponding period last year.
The slowdown in growth is an industry-wide trend and companies are adjusting production to bring down the inventory levels at plants as well as dealerships.
Maruti's Alto retained the best-selling model tag in January with 22,998 units as against 21,462 in January 2016.
According to the latest data from SIAM, in the top 10 best passenger vehicles, Maruti's Alto retained the top position last month
Cumulative sales of India's top passenger vehicle makers -- Maruti Suzuki, Mahindra and Mahindra, Tata Motors, Honda Cars, and Toyota Kirloskar -- increased to 206,418 units in February over 200,322 units in the same month last year, an increase of 3 per cent.
Maruti hikes prices by up to 2%. Auto major Maruti Udyog Ltd announced on Wednesday a hike in prices of all models of its vehicles except the up-segment Baleno and Versa.
Maruti Suzuki is the big exception, with double-digit surge in volume
Maruti Suzuki posted a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
Maruti's 7 models in India's top ten selling passenger vehicles in 2016-17
High price, combined with the decision to go only for diesel and position it as a crossover, resulted in its limited success
Almost every company launched a new product in FY16.
While sales of Maruti's compact segment grew, its mini segment witnessed a slump
Small cars are a boon in day-to-day city driving as manoeuvring and parking is quite easy because of their compact footprint. One fine day, a blue Maruti Ignis arrived at MotorBeam's garage and we put the car through our usual long term test. The Ignis with its funky styling elements might not impress all but the top of the line Alpha variant will surely do because of the sheer features on offer.
Tata Motors aims to address 95% of passenger vehicle market by 2020
After GM's India exit, Ford-Mahindra 'strategic alliance' under spotlight.
Hyundai, has a share of about 16% and grew sales by less than 4% in April- May 2017-18
Various factors, including robust demand in rural markets and good response to new models, helped in driving the sales.
Hyundai sold 6,054 units of the new Verna in September, against 6,010 units of the Honda City and 5,603 units of the Maruti Ciaz.
Suzuki and Toyota are in talks for electric mobility and MSI would continue to access technology from its parent.
The diesel car becomes too expensive with BS-VI and market assessment says the customer will not buy it at that price, says R C Bhargava, chairman, MSIL. He expects buyer preference to change swiftly in favour of petrol, CNG, and other alternative technologies.
The Maruti Vitara Brezza is a durable performer on our city roads as well as highways, writes Indian automotive website MotorBeam.com.
Maruti, Honda and Tata Motors posted highest sales growth during the month
Apart from around 40 Japanese companies and five global vendors of MG Motor India, many other biggies are eyeing Gujarat for either greenfield opportunities or brownfield expansion.
A number of companies, including Maruti Suzuki, Renault and Nissan, are giving gold coins to buyers who book cars by the month-end. There are other benefits as well, reports Ajay Modi.
During April, Maruti Suzuki India's domestic car sales were up 2.72 per cent at 86,481 units, as against 84,188 units in the same month last year.
Take out Maruti Suzuki and Honda, and the auto sector's prospects suddenly don't look all that rosy.
Reliance on a single model begins at about 40% and goes up to 80 % in case of some companies
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
The auto industry has had a mixed month. The build up to Dhanteras and Diwali was good but the demand tapered off subsequently.
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