Car makers are cautiously optimistic, even as two-wheeler firms are clearly upbeat.
While home-grown firms like Tata and Mahindra have been actively participating in the government's e-mobility mission, by launching electrified versions of their existing models, the global firms believe electric is not the best solution for a country where the primary source of power generation is coal, and where infrastructure is a big impediment.
Car sales in India surged by 12.87 per cent in December.
Sales of commercial vehicles rose 8.59 per cent to 56,140 units in September, SIAM said.
These five vehicles are the most popular two-wheelers launched till date in 2016. However, 2016 is still on and we are expecting lot more exciting vehicle launches around the festive season.
French carmaker Renault is developing an even smaller sport utility vehicle Captur after the successful launch of the Duster in 2012.
Maruti Suzuki India (MSI) on Monday reported a 29.1 per cent rise in total sales in October.
The Camry hybrid sold 466 units in January-April in the region.
Model 3 received 180,000 orders worldwide.
While offering discounts of up to Rs 1 lakh, Hyundai, Ford and Honda are also hiking prices by 1-2% from January, Swaraj Baggonkar/Business Standard reports from Mumbai.
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
Car deliveries during the nine-day period saw sharp year-on-year (double-digit increase for most automobile companies.
Maruti Suzuki, Tata Motors and Hyundai stand to gain the maximum, given their large portfolio of products in the sub-4 meter segment.
The two-wheeler industry marked its first fall in 11 months in November with sales of 1.24 million reporting a fall of nearly six per cent compared to the same month last year
The industry players couldn't hide their disappointment.
It manufactures cars ranging from entry-level hatchbacks to sedans to sport utility vehicles to vans to pick-up trucks. It also has a range of electric and hybrid vehicles
'I have personally been very keen on investing in lithium ion battery technology for some time.'
The trend is expected to gain momentum as global vehicle makers in India, particularly from Japan, ride on hybrids to meet the more stringent fuel efficiency norms that take effect in 2022.
The Competition Commission of India (CCI) on Monday slapped a penalty of Rs 2,545 crore on 14 top carmakers of the country for violating trade norms in the spare-part andafter-sale service market.
Maruti Suzuki remains India's most influential auto brand.
Maruti Suzuki India Limited (MSIL), the country's largest car maker, has initiated a service campaign to inspect a probable fault and replace a part of the clutch operation system in the Ciaz, its mid-size sedan.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
In absolute terms, prices will go up by Rs 5,500 to Rs 47,000, depending on the model and prevailing prices.
Sales of commercial vehicles rose 5.30 per cent to 52,481 units in January this year, SIAM said.
2015 will witness exciting new car launches that will prompt you to buy at one of them.
Increase in taxes on luxury cars will not have any effect on the demand
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.
In April, MSI had recalled 1,03,311 units of its popular models -- Ertiga, Swift and DZire -- manufactured between November 12, 2013 and February 4, 2014 to replace faulty fuel filler neck.
Scooters, once the fastest growing sub-segment, also declined for the second consecutive month in September.
Prices across all models starting from Eon to Santa Fe has been hiked in the range of Rs 15,000 to Rs 127,000
With no signs of economic revival under the current political circumstances, SIAM said it expected a turnaround in the fortune of the auto industry only after a new government is formed after the general elections next year.
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.
Almost every company launched a new product in FY16.
Suzuki patriarch steps down from CEO post as mileage test storm grows.
Maruti Suzuki, Hyundai and Mahindra failed to register significant growth.
Mercedes sells models ranging from A Class to Maybach, priced between Rs 28 lakh and Rs 1.67 crore.
The government has mandated that from October 2017, all new car models will have to be equipped with airbags to meet crash test norms.
The multi-seater vehicle currently runs on BSIII engines.
December is a month of high retail sales for cars, as companies and dealers push stocks to clear inventories
Second body blow after diesel ban on engines of 2,000 cc and above in NCR.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances