Maruti Suzuki India's grip on the country's car market tightened in October with six of its models, including the newly launched mid-sized sedan Ciaz, featuring in the top 10 selling brands in the month.
Passenger vehicle wholesales in India rose by 14.16 per cent in August to 2,15,916 units, driven by pent-up demand, industry body SIAM said on Friday. According to the latest data by the Society of Indian Automobile Manufacturers, passenger vehicle wholesales stood at 1,89,129 units in the same month last year.
As part of the new Central Motor Vehicle Rules, the government is framing a mandatory recall policy entailing penalties.
With entry-level cars being preferred amid the pandemic, market leader Maruti Suzuki has strengthened its hold, along with Hyundai Motor India.
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Marketers need to build on the country's core values to strengthen Brand India's presence abroad.
'I have personally been very keen on investing in lithium ion battery technology for some time.'
The blue and papaya orange MCL34 car was unveiled by 34 team employees at the former champions' Woking headquarters before Sainz and 19-year-old British rookie team mate Lando Norris stepped up to admire it.
The recall will cover cars manufactured between 2008 to 2012 that use safety airbags made by its supplier Takata
Dealers attribute the sluggishness in sales to distress in rural India as well as tepid sentiment in urban markets.
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Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the financial year, or even earlier.
With multiple options in the compact sport utility vehicle (SUV) and compact sedan space, the mid-size sedan seems to be losing its charm among customers.
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BMW is just another of the many bringing entry-level luxury cars to the market.
New participants included Chinese players such as Great Wall Motors and Haima Automobile along with Olectra.
Maruti has announced it will phase out diesel variants from April 1, 2020, when stringent BS VI norms take effect
The market seemed to be shrugging off broad war concerns today at least, as players reckoned that corporate results for Q4 ended 31 March 2003 will turn out an improvement over previous quarters at least.
China's biggest carmaker, which own brands like Maxus, MG, Roewe and Yuejin, plans to invest $1 billion in India manufacturing unit, reports Swaraj Baggonkar from Mumbai.
Big brands like Hyundai, Mahindra and Mahindra (M&M), Toyota and Renault have lost share.
'Indian entrepreneurs became traders for Chinese goods rather than producers of goods.'
The Bajaj Pulsar 220 was the fastest in India. However things have changed now with the launch of the Honda CBR250R. So Bajaj Auto decided to launch a more powerful version of the Pulsar by September this year to retain the fastest Indian tag.
Sources claim that 68-70 per cent of the workers at Halol are permanent ones, while the balance is tilted towards contractual workers at Talegaon.
The GST Council last year imposed a cess of 15 per cent on hybrid vehicles, in addition to the 28 per cent GST, leading to a total tax burden of 43 per cent against a previous tax rate of 28 per cent.
Summary of sports events and persons who made news on Tuesday
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.
The curious case is of Honda, which has moved up the pecking order while actually losing market share!
The lumbering Ambassador and Fiat cars, it ruled the Indian roads throughout the 1970s, while the Rajdoot and Jawa as well as the old Royal Enfield motorcycles trailed far behind.
Market leader Maruti Suzuki India's passenger vehicles sales declined by 2.34 per cent last month at 133,702 units. Hero MotoCorp reported total two-wheeler sales of 480,196 units last month, down 20.05 per cent.
Auto experts from CarJasoos answer all your questions related to buying, selling or maintenance of new cars.
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.
The impressive riding dynamics of the Gixxer now get a sporty full fairing that makes this 155cc offering from Suzuki a lot more desirable, says Indian motoring website MotorBeam.
Maruti Suzuki has topped the after-sales customer service satisfaction.
Ford launches all-new Figo, price starts at Rs 4.29 lakh.
Summary of sports events and persons who made news on Monday
Auto loan costs remain stubbornly high.
The Mumbai-based company will take on Hero Honda, Bajaj Auto and HMSI and will have models in the 100cc, 125cc and 150cc mobike segments, and also in the ungeared low and high-powered scooter segments. Hero Honda has a 60 per cent share of the motorcycle segment, while HMSI commands a 58 per cent of the scooter market. Anand Mahindra said: "Our two-wheeler project is complete; we have already begun marketing the fleet in Bangalore."
It may not have a bold design but it addresses the needs for comfortable and affordable commuting.
The increase in PV sales in September was driven by festive season purchases, with SUV models like Maruti Suzuki's Brezza, Hyundai Creta, Mahindra Scorpio, Ford Ecosport and Honda W-RV witnessing good traction
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