Buying a car, particularly a diesel-powered one, is set to pinch the customers' pockets even more from the next financial year, as the second phase of Bharat Stage VI (BSVI) emission norms kicks in. The rules require cars to be compliant with real driving emission (RDE) norms, which measure pollutants emitted by cars while they are being driven on the road, unlike in a laboratory test. The norms may increase the cost of producing diesel vehicles by nearly Rs 75,000 to Rs 80,000, and petrol-powered ones by Rs 25,000 to Rs 30,000, analysts said.
Auto Expo 2023 may not trigger a fresh rally in automobile stocks, say analysts, as this year's edition lacks participation from major listed players. It is also owing to the focus on electric vehicles (EVs), a segment where four-wheelers have minuscule market share. "In the passenger vehicles (PV) segment, Maruti Suzuki India and Tata Motors are the only listed players.
Maruti Suzuki says it has sold at least one car in 418,000 villages.
Driven by strong demand, the overall passenger vehicle dispatches crossed 3.35 lakh units in February as automakers, including Maruti Suzuki India, Hyundai, Tata Motors and Mahindra & Mahindra, reported robust sales during the month. The dispatches of more than 3.35 lakh units last month marked an 11 per cent over February 2022. It was also the highest ever overall wholesales in the month of February. The country's largest carmaker Maruti Suzuki India on Wednesday said its domestic wholesales rose 11 per cent to 155,114 units in February as compared with 140,035 units in the same month last year.
Sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno increased by 4.1 per cent to 50,362 units
While sales of Maruti's compact segment grew, its mini segment witnessed a slump
Car makers see good sales post Diwali.
Sales volume for compact sedan Dzire Tour came in at 2,068 units in June.
Maruti is trying to move up the segment by focusing on premium cars, SUVs and even trucks.
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.
A fall in sales across its mini cars, coupled with a drop in exports dragged down Maruti sales by 5.5% March. Read more at: http://www.moneycontrol.com/news/business/maruti-may-sales-slip-5falling-mini-car-sales-exports_712009.html?utm_source=ref_article
Various factors, including robust demand in rural markets and good response to new models, helped in driving the sales.
Country's largest car-maker 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.
Ford India and Renault too reported good sales growth in April
Clock 11% growth in the first 11 months of 2022.
Maruti Suzuki India, country's largest carmaker on Thursday reported 3.7 per cent rise in total sales in September.
India is sceptical that Tesla might import into the country cars made in China. Tesla executives were in India last month and appear to have proposed a factory in the country. But do not be surprised if that does not happen in a hurry.
Maruti Suzuki India said its domestic sales rose 10.6 per cent in May.
The company had sold 50 units of SX4 sedan in August 2014.
Ruural markets contribute a significant chunk of SUV sales and there was a slowdown in demand from semi-urban and rural areas.
The auto industry has had a mixed month. The build up to Dhanteras and Diwali was good but the demand tapered off subsequently.
Seven years after it announced Nexa, there's no mistaking the seriousness with which Maruti wants the segment to grow, says Pavan Lall.
The six-day Maruti Suzuki Desert Storm Rally through Rajasthan is a test of skill and endurance, says Aakash S Paul.
Maruti Suzuki India (MSI) on Monday reported a 29.1 per cent rise in total sales in October.
High price, combined with the decision to go only for diesel and position it as a crossover, resulted in its limited success
The measures government takes next to push economic growth will be the key for automotive sector
Country's largest carmaker Maruti Suzuki India (MSI) on Monday reported 8.7 per cent increase in total sales in February.
Auto firms have reported a good jump in sales for the month of December
The car maker is betting big on the Honda City rival.
MSI said compact sedan Dzire Tour stood out as sales rose by over two-fold during the month under review to 3,370 units as against 1,299 in July 2014.
Maruti recorded 20 per cent jump in sales during November.
Maruti sold 191 units of SX4 sedan in January 2014.
It is expected to cost between Rs 8 lakh and Rs 10 lakh.
Maruti's Alto retained the top position in June with 14,856 units, as against 15,750 units in June last year.
Maurti and Hyundai recorded jump in sales in May.
The list clearly shows the dominance of Maruti and Hyundai in the Indian passenger vehicle market.
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
The S-Cross will be available only in diesel engine options of 1.6 litre and 1.3 litre.
Maruti's Alto retained the best-selling model tag in January with 22,998 units as against 21,462 in January 2016.
Maruti's 7 models in India's top ten selling passenger vehicles in 2016-17
