German luxury car maker Mercedes Benz on Friday said it will hike prices of its products across models by up to 10 per cent in India from next month.
Foreign firms that have made huge investments in China to take advantage of its cheap labour resources watched warily as Japanese car major Honda struggled to open its plants even a week after workers resorted to a flash strike.
Four times MotoGP world champion Marc Marquez drove a Formula One car for the first time at the Red Bull Ring in Austria on Tuesday but said his focus remains firmly on two wheels for the next few years at least.
Be it in terms of looks, features or safety, the Indian auto market is growing up
Honda Siel Cars India President and CEO Masahiro Takedagawa, in an interview with Business Standard, shares the company's India strategy, including the launch of hybrid technology (a first on Indian roads), small cars and outlook on diesel technology, an area where the company is losing ground to other auto majors. The company launched its 8th generation Accord today in Mumbai.
Black is the least opted shade when it comes to buying a four wheeler.
Manufacturers report unexpected post-festival surge in demand.
The Pune-based research institute will design and develop car batteries and offer the technology for mass production.
With a new chief executive officer (CEO) at the helm, the country's largest two-wheeler maker Hero MotoCorp is now looking to cut flab and move towards a leaner organisation. It has launched a voluntary retirement scheme (VRS) for its staff as it aims to make the organisation 'agile and future-ready'. Recently, the company's erstwhile chief financial officer (CFO) Niranjan Gupta was elevated as CEO.
Such a financial condition had impelled the management to expedite a board resolution for fresh infusion of equity capital through a rights issue.
Honda Siel Cars India is planning to source steel from India for its local operations and is in talks with Tata Steel. A Tata Steel spokesperson confirmed that the companies were in discussions. Currently, Honda sources steel plates from Thailand for its Greater Noida facility. Honda models, like the City and Civic, have 74 per cent localisation, while the newly launched hatchback, Jazz, has 77 per cent local content.
Maruti Swift DZire cuts out as the most fuel-efficient offering.
French auto major Renault on Wednesday said it will increase vehicle prices in India from next month to offset the impact of high input costs.
It will be launched this Diwali.
Today, the Civic range starts from a whopping Rs 14 lakh for the base model and creeps to close to Rs 16 lakh for the automatic version.
McLaren unveiled their new Formula One car on Sunday, certain it cannot be any worse than last year's but still unsure when they might get back to winning ways after their longest drought in decades. The former champions have not won a race since 2012 and finished last season, the first of a new partnership with Honda, ninth of the 10 teams with just 27 points compared to 703 for dominant Mercedes. The three years without a win is the team's longest barren stretch since their absence from the top step of the podium in 1994-96. "As we embark on the second year of our renewed McLaren-Honda partnership, all of us remain united in our purpose. That purpose is to develop our team towards our shared ambition: to win," said McLaren boss Ron Dennis. "We'll make no predictions as to when those wins will come," he added. The new MP4-31 car was presented online in a predominantly black livery with some prominent new sponsors in LVMH's sparkling wine brand Chandon and watchmaker Richard Mille replacing the departed Tag Heuer.
As auto enthusiasts in India wait eagerly for the launches slated for 2013, we take a brief look at some of the most popular upcoming diesel cars of the New Year.
From Audi A8 to Honda Civic, here's what the auto industry has lined up in 2019.
Passenger vehicle market leaders Maruti Suzuki and Hyundai on Saturday reported a decline in wholesales in December 2021, although homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage continuing to impact production. Other manufacturers Nissan and Skoda also reported an increase in December 2021 sales although Honda Cars India witnessed a decline last month. The country's largest carmaker Maruti Suzuki India (MSI) reported a 4 per cent fall in wholesales to 153,149 units in December 2021 as against 160,226 units a year ago.
Carmakers Mercedes-Benz, Audi, Renault, Kia India and MG Motor on Wednesday announced plans to hike vehicle prices from January to partially offset the impact of rising input costs. They join the likes of market leader Maruti Suzuki India and Tata Motors, which have also made the year-end announcements to raise prices from next month. Audi India said it will increase prices of its entire model range by up to 1.7 per cent, while Mercedes-Benz India noted it will hike the prices by up to 5 per cent from January 1.
China's burgeoning automobile industry suffered a jolt as Honda, the second largest car manufacturer in the country, shut down all its four assembly plants after workers went on strike demanding better wages.
Amongst cars sold in the mid-size category (domestic sales) between April 2007 and March 2008, diesel variants outsold petrol car models roughly in the ratio of 7:3. That means over 70 per cent of the over 1,79,493 mid-size cars sold in the domestic markets were diesel models. Diesel mid-size cars on an average are priced 15.5 per cent more than the petrol variant. Overall, the mid-size category, petrol and diesel models included, grew by 14.6 per cent.
Maruti and Hyundai cars will be more expensive from February.
The company's largest selling sedan 'City' will be cheaper by Rs 19,000-Rs 21,000, while 'Civic' will cost Rs 29,000-Rs 31,000 less, an HSCI statement said. Top-end sedan 'Accord' will be cheaper between Rs 27,000 and Rs 28,000, it added.
Small cars account for 80 per cent of the domestic market
The impact of the collision was such that the patrolling vehicle overturned, skid for 10-15 feet and Head Constable Wazir Singh, 50, got stuck inside the vehicle, an officer said.
India isn't a very popular sports car market, simply because whatever is on offer in the country is very expensive
Toyota and Honda of Japan, and the US auto major Ford are ramping up their sales and distribution networks as they gear up to launch small cars.
The limited availability of flexible (flex)-fuel vehicles in the Indian market and the slow rollout of ethanol-blended petrol by oil-marketing companies (OMCs) remain major obstacles to achieving widespread use of biofuels in the transportation sector in India. Recently, two Union ministers have emphasised India's biofuel potential, arguing that it has the capacity and potential to lead a transition towards widespread biofuel adoption. Road Transport Minister Nitin Gadkari signalled that this transition is well underway and urged car manufacturers to quickly adapt and introduce new biofuel-run vehicles, lest the government resort to taxing diesel vehicles.
Honda, Mahindra and General Motors will launch three stunning cars starting from the first day of the month.
Media reports said the "Kentucky Kid", who won the MotoGP championship on a Honda in 2006, is in a serious condition.
MNC auto firms that sold cars below cost, at a loss, thereby paying lower excise duty are prime targets.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
Brazilian Bruno Senna, nephew of the late triple world champion Ayrton, made his test debut for Honda in a new-look Formula One at Barcelona's Circuit de Catalunya on Monday.
Let's take a look at top three cars across nine different segments as rated by the owners.
Demand rising for Maruti Celerio, Honda City, Hyundai Xcent, Nissan Terrano and Datsun Go, most of which were launched in 2014.
Hold your car purchase! You will have these options soon.
Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.
Is the Activa 5G the same old 4G in some fancy colours, or does it pack more? Nabeel Khan has the answers.
