Japanese automobile company Mitsubishi Motors may launch a compact car in the B segment in the country. The car is expected to hit the roads in three years. Though Mitsubishi sells Pajero SUV and Lancer sedan in India, they have not generated adequate volumes for the Japanese automobile company. The compact car will take on Maruti Swift, Hyundai Getz, Skoda Fabia, Fiat Palio, Chevrolet U-VA and Ford Fusion
The new car, which would come in four variants and two options, is priced between Rs 2.57 lakh and Rs 3.53 lakh.
Tata now occupies the fourth slot with the incremental volumes from the Tiago
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
Fiat India Automobiles Ltd, a 50:50 joint venture between Italy-based Fiat SpA and domestic auto major Tata Motors, plans to position the car in the premium hatchback segment along with Maruti Suzuki's Ritz, Hyundai's i20, Skoda's Fabia and to be launched Honda Siel's Jazz, the company said.
The Italian car company Fiat's much-awaited launch of the year, Grande Punto hatchback, which is expected to take on Maruti Suzuki's Swift and Hyundai's Getz, will not be priced close to the two models.
A total 95 deaths deaths were reported since Friday morning, of which 37 in Maharashtra, 24 in Gujarat, nine in West Bengal, seven in Madhya Pradesh, four each from Rajasthan and Uttar Pradesh, three from Andhra Pradesh and Tamil Nadu and two from Delhi and one each from Punjab and Haryana.
FMCG players -- Dabur, HLL, PSU BPCL, Korean car maker Hyundai, liqour barron Vijay Malaya's Mcdowell and TVS motors -- are among the major companies found to violate Advertising Standards Council of India code.
Maruti Suzuki, Tata Motors and Hyundai stand to gain the maximum, given their large portfolio of products in the sub-4 meter segment.
Paris-based international advisory firm Mazars predicts four per cent growth in India's automobile sector this financial year.
Auto makers, who enjoyed a record-breaking sales run over recent months, are now bracing themselves for upheaval, led primarily by changing government policies and rising inflationary pressures.
One can see the scale of recalls going up as the market expands.
'The launch of the vehicle was successful beyond expectation'.
Dealers have stocked up vehicles in the run-up to a price hike, which is expected to be announced by leading players some time this month.
World Cup sponsors are in an awkward position, experts said, because they are under pressure from consumers to distance themselves from any corruption, but such sponsorships are lucrative in the long term.
From Alto to Audi, get car discounts of up to Rs 900,000
Customers, instead of visiting showroms, now do most of their decision-making in the comfort of their drawing rooms using internet
Almost every company launched a new product in FY16.
German car maker Volkswagen was the first company to offer airbags on all its variants in India from the beginning of this year.
Good sowing of kharif crops, better minimum support prices, and fewer Covid-19 cases (in villages) will help the rural growth story to continue, says Maruti.
Sachin Tendulkar, Virat Kohli, Katrina Kaif, Ranbir Kapoor and Alia Bhat all turned up at the 13th edition of the gala car fair.
The company has capacity to manufacture 310,000 units annually.
Market leaders Maruti Suzuki and Hyundai, who together control two-thirds of the domestic market, have not yet firmed up a decision on raising prices.
Auto Expo's Twitter handle (@AEMotorShow), with a follower base of 16,000, is abuzz with activity. The Facebook page of Auto Expo has about 158,000 followers.
Car makers are cautiously optimistic, even as two-wheeler firms are clearly upbeat.
According to the Society of Indian Automobile Manufacturers, significant growth is being witnessed in the multi-axle trucks segment, which has posted 112 per cent growth in the year 2006-07.
Car sales in India surged by 12.87 per cent in December.
Under its Turnaround 2.0 programme, Tata Motors will work to improve its sales capabilities -- "as the product itself is not enough" -- use experiential marketing to excite the market and cut costs to make its offerings more competitive.
The growing impact of inflation on car sales is clearly reflected in the dismal growth in domestic sales of the country's three leading auto-makers - Maruti Suzuki, Hyundai India and Tata Motors - which constitute more than 75 per cent of the car sales.
General Motors subsidiary Chevrolet will introduce a diesel engine option in Optra by April-May this year. Currently, the car is only available with petrol engine.
December is a month of high retail sales for cars, as companies and dealers push stocks to clear inventories
Over 22 passenger and commercial vehicle makers and 18 two- and three-wheeler makers will take part amid proximate security.
India is the first country to launch the second generation Amaze and the car has been developed considering the needs and aspirations of Indian customers
There is another common trend among these three players - they are all registering a volume decline in a market that is expanding at over 8 per cent
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
The model, which will compete with the likes of Hyundai Verna, Maruti Suzuki Ciaz and Skoda Rapid, now features smart devices ecosystem including Alexa remote capability and 32 connected features as standard feature across all variants with a five-year free subscription.
Market watchers believe Tata Motors' move to upgrade the Nano is a right decision.
