Automobile sales in India started on a high note this fiscal with cars and bikes witnessing an over 16 per cent surge in demand in April even as commercial vehicles saw numbers gain to the maximum, rising by a whopping 68.5 per cent.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
Vehicle sales across categories registered a decline of 8.62 per cent to 20,86,358 units from 22,83,262 units in May 2018.
Now, you can own a two-wheeler for Rs 18.5 per day
Maruti will showcase its first concept electric vehicle, the e-SURVIVOR; M&M it's six new EVs, including two futuristic concepts
There was no sale of premium sedan Kizashi during the month.
Jenson Button's BAR Formula One team has been put up for sale -- but only to allow a new joint venture between engine partners Honda and majority owners British American Tobacco to buy it back.
Let alone a discount, they might not even get the model, variant or colour of choice in BS-IV-compliant vehicles.
They're sexy, powerful, irresistible and very, very expensive.
Ashish Narsale/Rediff.com offers a quick checklist of the best of CES's Auto World. The future is here, you will witness self driven cars to flying cars controlled by AI. We bring you the highlight of the CES auto world.
With rains once again lashing Mumbai, the Sensex opened weak and is now down 20 points at 7616. Nifty is down 8 points at 2304.
Cutting through the two-wheeler clutter we list the best value for money motorcycles, across categories, that burnt the Indian roads in 2015
Former Formula One driver Alex Zanardi won his third Paralympic gold medal on Wednesday, a day before the 15th anniversary of the Champ Car crash that cost the Italian both legs and nearly his life.
A record number of 85 products will be launched.
Take the Rediff Biz Quiz and find out how much you know about India and its two-wheeler companies.
Commercial vehicles however declined by 2.83%
Domestic car sales went up by 15.89 per cent during December 2002 as auto-makers like Maruti, Hyundai, Tata Engineering and Honda witnessed increased demand during the month.
Maruti Ciaz and Ertiga are exempt from the infrastructure cess and so, there is no change in the prices of these models.
Formula One will have simpler, cheaper and noisier engines from 2021 as part of a "road map" for the future presented to teams on Tuesday that could entice new manufacturers to enter the sport.
The Sensex opened with a positive gap of 20 points at 10,133.
Apart from around 40 Japanese companies and five global vendors of MG Motor India, many other biggies are eyeing Gujarat for either greenfield opportunities or brownfield expansion.
This new avatar comes with a completely new 2.0 litre petrol engine under its hood.
'I have personally been very keen on investing in lithium ion battery technology for some time.'
Vandoorne qualified 17th at the previous race in Bahrain, 16th in China and 18th in the Australian season-opener, with 20 cars on the grid.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
Maruti Suzuki, Tata Motors and Hyundai stand to gain the maximum, given their large portfolio of products in the sub-4 meter segment.
As per SIAM data, vehicle sales across categories, including passenger vehicles and two-wheelers and commercial vehicles stood at 18,21,490 units last month as against 23,82,436 units in August 2018, a fall of 23.55 per cent.
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.
Toyota had announced a global recall of 65 lakh vehicles to rectify a power window glitch, which could lead to fire risk.
According to a senior Tata Motors official, the company is taking aggressive steps to correct its product portfolio, with a more 'cleverly defined and targeted strategy'.
The NSE Nifty too soared by 118 points to close at 3641.
Domestic passenger vehicle sales declined 0.84 per cent to 2,63,773 units in November from 2,66,000 units in the year-ago period. Motorcycle sales, too, declined 14.87 per cent to 8,93,538 units. Vehicle sales across categories registered a decline of 12.05 per cent to 17,92,415 units from 20,38,007 units in November 2018.
The Sensex once again opened with a positive gap at 10,169 - up 45 points from its previous close
The BSE Sensex opened with a positive gap of 10 points at 5,179. Fresh buying in the markets led the index spurt to a high of 5,204. The index is now at 5,195, up 26 points. The Nifty is up 7 points at 1,634.
