Ford said it had also shut its plant, with an annual capacity of 340,000 engines and 200,000 vehicles.
The industry needs stimuli to help revive consumer demand and conversions.
The facelifted Elantra is a loaded with features and will give it tough to rivals.
Pandemic-hit auto majors are likely to set aside these time-tested strategies for now, and, instead, focus on attractive finance schemes and an enhanced digital experience.
Demand for passenger vehicles has been driven by new models, especially in the SUV category with the likes of Maruti Vitara Brezza and Hyundai Creta clocking good numbers
Car deliveries during the nine-day period saw sharp year-on-year (double-digit increase for most automobile companies.
The diesel variant has an average of 24kmpl while the petrol delivers 18.9 kmpl.
The top end BR-V has been priced at Rs 12.90 lakh as opposed to Rs 14.43 lakh for Creta's top variant
Tesla Inc, the world's largest electric car producer, is looking to make a significant investment in India, said its chief Elon Musk, who saw India as holding more promise than any other large country around the globe. Musk, after meeting Prime Minister Narendra Modi, said he plans to visit India in 2024. "I am confident that Tesla will be in India and we will do so as soon as humanly possible," Musk told reporters after the meeting.
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.
Maruti Suzuki posted a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
Declining motorcycle sales remained a cause of worry.
Market leader Maruti Suzuki is putting finishing touches to its plan of finding its feet in what is being hailed as a battle of epic proportions in India's fastest-growing passenger vehicle segment, reports Arindam Majumder.
Auto loan costs remain stubbornly high.
Close on the heels of the Mukesh Ambani-controlled Reliance Retail's possible entry into the second-hand car market, Tata Motors, the country's second largest automobile major, is planning a similar foray.
Ford to launch new compact car Figo Aspire in India
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.
Apart from the growing adoption of the internet in the country, brands are drawn to the agility of the medium, its targeted and data driven approach and the increasing cost of offline channels for sales and distribution.
Maurti and Hyundai recorded jump in sales in May.
General Motors India Vice President P Balendran termed the decision as a positive move for the overall economy.
Some cars that are emblematic of India's automobile industry will no longer come off the assembly lines after this year.
The revised prices enhances the accessibility of these outstanding products, which offer segment-first safety features and class-leading technologies
Various factors, including robust demand in rural markets and good response to new models, helped in driving the sales.
The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross
The state government says Ola was using its existing cab aggregator licence to promote bike taxi services.
The new tax regime has also been fuelling sale of SUVs, particularly the compact SUVs
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.
Code-named Pelican, bigger hatchback with new petrol and diesel engines may hit the road next year.
The SUV leaves a good impression thanks to its athletic built.
Recently, Suzuki Motor Corp (SMC) in an investor presentation expressed strong intent to enter the electric vehicle (EV) space. This is part of a larger strategy the Hamamatsu-based firm has drawn up in developing electrification of technologies as it seeks to achieve carbon neutrality. The significance of this presentation is that it marked the first time that the Japanese carmaker spelt out its EV strategy with well-defined timelines. SMC plans to develop electrification technologies by 2025, fully implement them in products from the same year, and make a full-scale quantitative increase from 2030.
The edge that Maruti Suzuki enjoys over Hyundai and other rivals stem primarily from its gigantic scale, reports Ajay Modi.
Lenders have become worried as some dealers were not using the money provided to them for car financing.
This is the seventh straight month of growth
The MG Motor India management is focused on scaling up and launching smaller cars to play the long game in the country, says Pavan Lall.
Mercedes sells models ranging from A Class to Maybach, priced between Rs 28 lakh and Rs 1.67 crore.
The company had launched the Yaris in May 2018 at a price range of Rs 8.75 lakh and Rs 14.07 lakh (ex-showroom), competing with the likes of Honda City, Hyundai Verna and Maruti Suzuki Ciaz. However, it didn't have a robust response in the market, clocking a cumulative wholesales of around 19,800 units.
However, notable absentees from the expo will be Honda, Toyota, Ford, BMW, Audi, Lexus, Volvo and Jaguar Land Rover along with two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Co.
Auto sector cheers RBI rate cut as 'festival gift'
A car that gives you a better resale value will reduce the cost of your next purchase, points out Bindisha Sarang.
India must integrate more with East Asia by getting into regional trade arrangements, lower its tariff walls, and improve the quality of its workforce, suggests T N Ninan.
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