The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross
Ford to launch new compact car Figo Aspire in India
There is a beguiling allure to 'masstige' brands, which trade places up and down the value spectrum. But they aren't always easy or successful.
Various factors, including robust demand in rural markets and good response to new models, helped in driving the sales.
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.
Declining motorcycle sales remained a cause of worry.
The company has delivered 1,000 cars to buyers and is in the process of delivering another 2,000 units.
It is the global leader in car sales but in India, is a distant fifth.
Ola Electric on Thursday teased five new electric motorcycles that the SoftBank-backed company is working on, announcing the range after selling electric scooters. The products are labelled cafe racer, an adventure tourer, a scrambler and a naked motorcycle. The motorcycles are expected to be launched next year and would include premium and mass-market versions, said sources.
Maruti Suzuki is set to launch a new multi-purpose vehicle (MPV) -- Invicto -- next month. It will be the company's first passenger vehicle with an ex-showroom price tag of Rs 20 lakh or more, said Shashank Srivastava, executive director (sales), on Tuesday. The upcoming MPV will compete with the likes of Toyota Innova Hycross, Kia Carnival, Hyundai Alcazar, MG Hector Plus, Tata Safari, Mahindra & Mahindra XUV700, and Mahindra & Mahindra Scorpio-N - all having three rows of seats. Invicto will be based on the Hycross by Toyota, which will manufacture Maruti's most expensive car at its Bidadi plant in Karnataka.
Designated I-League champions Mohun Bagan have announced a donoation of 20 lakh in the fight against the coronavirus pandemic while Bhaichung Bhutia will feature in Asian Football Confederation's (AFC) public awareness campaign on the COVID-19 pandemic,
India is sceptical that Tesla might import into the country cars made in China. Tesla executives were in India last month and appear to have proposed a factory in the country. But do not be surprised if that does not happen in a hurry.
Vehicle sales across categories registered an increase of 5.03 per cent to 16,03,292 units from 15,26,514 units in November 2013.
After the easing of lockdown in mid-May, auto companies were able to resume production in a phased manner, but the ramp-up was slow due to a broken supply chain, and lockdown-induced restrictions.
According to industry data, for two months, sale of the Zest (7,359 units) were higher than that of Amaze (6,792 units).
'While we have done a few thousand kilometres in India, most of the testing and data collection and analysis has been done in the US, Japan and Europe.'
There was no sale of premium sedan Kizashi during the month.
Companies have also managed to find talent created by frequent exits.
Unless the model is being phased out or is expected to get a facelift, buying in December makes sense
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
Maruti's 7 models in India's top ten selling passenger vehicles in 2016-17
Exports during the month rose 4.4 per cent to 7,077 units as compared to 6,779 units in April last year, MSI said.
The new tax regime has also been fuelling sale of SUVs, particularly the compact SUVs
Maruti Suzuki India (MSIL) does not anticipate growth in the small car segment because people continue to find these vehicles unaffordable, chairman R C Bhargava said on Wednesday. He said the market had clearly shifted towards the sport utility vehicle (SUV) segment and the company will go in the same direction. The domestic sales of utility vehicles jumped in India by 34.54 per cent to about 2 million units in FY23.
After a long delay, Thailand opened its twice-postponed Bangkok international motor show to the public as coronavirus restrictions eased, with nearly all attendees wearing masks and face shields.
Lenders have become worried as some dealers were not using the money provided to them for car financing.
Maruti Suzuki, Hyundai and Mahindra failed to register significant growth.
This is the first decline since June this year when car sales declined by 11%.
The revised prices enhances the accessibility of these outstanding products, which offer segment-first safety features and class-leading technologies
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.
Tata Zica was designed by an international team resulting in a more modern look.
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.
As the production of Micra, the first car from Nissan-Renault, starts at the plant by the end of May, Kiminobu Tokuyama, managing director and chief executive of Nissan Motor India Pvt Ltd, talks to rediff.com about the company's strategy for India, the recession and the auto sector in general.
This is the seventh straight month of growth
The aim is to replace nearly 40 per cent of its existing last mile fleet of delivery vans with EVs by March 2020. o start with, the company is looking at deploying nearly 160 e-vans by the end of 2019.
The Baleno is among the top selling cars with unserviced bookings of 55,000 units.
The car, the cheapest in its category, will compete against the Maruti Suzuki Dzire, the Honda Amaze, the Hyundai Xcent and the Tata Motors Indigo CS.
Auto sector cheers RBI rate cut as 'festival gift'
Scooters, once the fastest growing sub-segment, also declined for the second consecutive month in September.
