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.
There was no sale of premium sedan Kizashi during the month.
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.
Cutting through the two-wheeler clutter we list the best value for money motorcycles, across categories, that burnt the Indian roads in 2015
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.
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.
A record number of 85 products will be launched.
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.
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.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Maruti Ciaz and Ertiga are exempt from the infrastructure cess and so, there is no change in the prices of these models.
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.
Commercial vehicles however declined by 2.83%
Take the Rediff Biz Quiz and find out how much you know about India and its two-wheeler companies.
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.
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.
This new avatar comes with a completely new 2.0 litre petrol engine under its hood.
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 Suzuki, Tata Motors and Hyundai stand to gain the maximum, given their large portfolio of products in the sub-4 meter segment.
The Sensex opened with a positive gap of 20 points at 10,133.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
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.
Companies have also managed to find talent created by frequent exits.
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.
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.
This is the first decline since June this year when car sales declined by 11%.
The Sensex opened with a positive gap of 24 points at 8,333, which turned out to be the low for the day.
In absolute terms, prices will go up by Rs 5,500 to Rs 47,000, depending on the model and prevailing prices.
The Yamaha R3 is not a completely track focused machine, like the R15. Seating of the bike is much comfortable and you can use it for your routine commuting as well and that is why it has been tagged as a daily superbike.
Sensex opened weak and is now down 5 points at 7811. Nifty is down 9 points at 2372.
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