Passenger vehicle wholesales in India witnessed a 21 per cent annual growth in August, riding on improved supplies of semiconductors and festive demand, according to the Society of Indian Automobile Manufacturers. As per the latest data released by industry body Society of Indian Automobile Manufacturers (SIAM), passenger vehicle (PV) dispatches to dealers stood at 281,210 units last month, against 232,224 units in August 2021. Passenger car wholesales were up 23 per cent at 133,477 units last month, as against 108,508 units in the year-ago period, SIAM said.
With Delhi recording air pollution levels seven to eight times above safe standards on Monday, the city government announced the return of its flagship odd-even scheme after four years anticipating further deterioration of air quality post-Diwali.
Ahead of the peak festive season, India's passenger vehicle makers are staring at a cumulative order backlog of nearly 500,000 units as chip shortage continues to cripple production. The crisis is forcing companies to change their production plans frequently and take a call on the variants they can manufacture based on the availability of semiconductors. The booking numbers are not a true reflection of demand, said manufacturers.
South Korean automaker Kia Motors says it will look to be a premium only brand and stay away from the entry level segment like sedans and hatchbacks. Hardeep Singh Brar, the company's India Vice-President and Head (Sales and Marketing), said that customers have accepted Kia as a premium brand. In the mass market Kia is considered to be the most premium brand. "Customers like the features and they are willing to pay for them. So, we have consciously decided that if customers like us a premium brand, let's stick to that. It is a conscious decision to stay premium and operate in that segment of the mass market," Brar said.
Discounts range between Rs 20,000 and Rs 80,000.
Uber India has readied itself for another $500 million (Rs 3,300 crore) investment in the next three months.
Online platforms can help buyers and sellers get a fair price and assurance on the car's health.
'India is the sixth-largest market for the Kia Corporation, and contributes 8 to 9 per cent to our global sales.' 'We are eyeing 10 per cent market share over the next few years depending on customer demand and new product innovations.'
Maruti says, WagonR is one of the top 5 brands in India.
100,000 cabs and 45,000 autorickshaws would be plying on the Delhi-NCR routes to handle the rush.
Petrol doped with 20 per cent ethanol was rolled out on Monday at select petrol pumps in 11 states and union territories as part of a programme to increase use of biofuels to cut emissions as well as dependence on foreign exchange-draining imports. At present, 10 per cent ethanol is blended in petrol (10 per cent ethanol, 90 per cent petrol) and the government is looking to double this quantity by 2025. Prime Minister Narendra Modi launched the higher 20 per cent ethanol blended petrol two months ahead of the planned rollout in April, at the India Energy Week (IEW) 2023 in Bengaluru.
Unlike previous occasions, privately owned CNG vehicles will this time not be exempted.
Includes all-new versions of Swift and Swift Dzire.
Bike insurance? Car insurance? Health insurance? Roopam Asthana answers them all.
MSI chairman R C Bhargava said auto sector would like to see GST benefits linked to greener/cleaner cars. The government gave tax cut on EVs but hybrid should be given duty cut. There should be tax cut on CNG vehicles.
Tata Motors on Wednesday launched its Tiago EV with introductory prices for first 10,000 customers ranging between Rs 8.49-11.79 lakh
A strong demand for diesel SUVs has bumped up the contribution of these variants to Hyundai Motor India's sales to a three-year high, a company top official told Business Standard. The local arm of the South Korean carmaker has benefitted after some leading manufacturers - including car market leader Maruti Suzuki - pulled the plug on diesel models amid tightening regulations. Hyundai has also gained from the changing travel preference -people are frequenting getaways and taking to the road a lot more than what they did before the pandemic. This trend has been fuelling overall SUV sales.
It has a variant with automatic transmission that costs Rs 380,000.
Faced with steep fall in sales of Nano, Tata Motors said it will reposition the budget car as `a smart city car' with added features such as power steering, apart from introducing a CNG version.
The car entails a Rs 0.50/km cost vs Rs 4.5/km, diesel Rs 2.7/km and CNG Rs 2.12/km.
The country's largest car maker, Maruti Suzuki India (MSI), is looking to regain lost ground in the small car segment with the launch of a completely new version of its erstwhile best- selling model Alto.
The amendment comes within a month of web-based taxi companies being banned in Delhi, after a taxi driver on Uber's network allegedly raped a finance executive early this month.
Hindustan Motors on Saturday launched an all-new 1.8-litre CNG Ambassador Grand.
Keeping safety as a priority, the vehicle will have an option of airbags right from the base variant, like all other Maruti vehicles.
Tata Motors hasn't announced the prices of the new vehicles yet. This is the first time that the company has introduced such a large number of new vehicles on a single day.
India's flagship motor show Auto Expo 2023 kicked off on Wednesday with the global unveiling of Suzuki Motor Corporation's concept electric SUV 'eVX' which is slated to hit the market by 2025. The company's Indian arm Maruti Suzuki India is among the major manufacturers participating in the show that has returned after three years. The Concept eVX is a mid-size electric SUV concept designed and developed by Suzuki Motor Corporation (SMC), Japan. It will be powered by a 60 kWh battery pack offering up to 550 km of driving range on single charge.
The Delhi Traffic Police and other agencies have till now pulled up 1,997 vehicles for violation of the 'Odd-Even' scheme.
Delhi Chief Minister Arvind Kejriwal announced that primary schools will be closed from Saturday in view of spike in pollution levels in the national capital.
The diesel variants of the vehicle come with Smart Hybrid technology.
Market watchers believe Tata Motors' move to upgrade the Nano is a right decision.
Altigreen's hybrid engine will help make cars more fuel efficient and the air we breathe cleaner.
Friday will be the first day of the second phase of the odd-even scheme in New Delhi.
Shaking Delhi's spirit and soul, an unimaginable tragedy is unfolding at New Delhi's crematoriums struggling to cope with the deluge of the dead arriving at frightening pace.
The Tata Nano, the world's cheapest car, could be cruising on Pakistani roads if the governments of India and Pakistan remove bottlenecks standing in the way of joint ventures and investments between the two countries.
The attacker, identified as Ved Prakash, was detained by police, which quizzed him.
The ride quality is good in city.
It's a capital shock. Delhi, which has more cars than the three other metro cities put together, is seeing a drop in petrol consumption. This is against the national growth trend. The consumption of the fuel declined by a startling nine per cent in November, while diesel grew by 19 per cent. CNG sales have also grown by around 15 per cent.
The blast destroyed dozens of cars, a CNG station and at least three buildings near the intelligence agency's office in the Civil Lines area of Faisalabad.
The hike in prices of these items has come about over and above milk, onion, garlic, and other vegetables which have become expensive in the past few weeks.
