A weaker rupee against the US dollar and the Japanese yen along with margin sustenance pressures have forced companies to raise prices.
Maruti Suzuki remains India's most influential auto brand.
Almost every company launched a new product in FY16.
In doing so, Bajaj has become the first internal combustion engine two-wheeler company to launch an all-electric two-wheeler in India.
Maruti Udyog Ltd, India's largest carmaker, unveiled on Thursday a new-look Zen, without tinkering with the price, to take on competition posed by Hyundai's Santro and Tata Motors' Indica.
According to experts, Tata Tiago JTP and Tigor JTP -- a sedan and hatchback -- are not only powerful and faster than every other car in the segment, but also in the segment above, including their peers Maruti Baleno RS, Volkswagen Polo and others.
Maruti Suzuki, Tata Motors and Hyundai stand to gain the maximum, given their large portfolio of products in the sub-4 meter segment.
While it is difficult to attribute any one single reason to this, low cost, less depreciation, easier loans, and ready availability of good models are some of the reasons behind this boom.
Besides being budget-oriented these cars also offer fantastic performance and mileage.
Its time the RBI, govt pushes reforms to boost global investment
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
Sachin Tendulkar, Virat Kohli, Katrina Kaif, Ranbir Kapoor and Alia Bhat all turned up at the 13th edition of the gala car fair.
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 hatchback market is getting very competitive with almost all big players flooding it with trendy models to get a piece of this lucrative pie.
Nano, the small car from the Tatas, is projected to become India's second best selling car next year, according to market research firm JD Power.
Tata now occupies the fourth slot with the incremental volumes from the Tiago
Maruti Suzuki is the big exception, with double-digit surge in volume
In the domestic market, the car has been well accepted and currently the company has over 80,000 bookings for the model.
Market watchers believe Tata Motors' move to upgrade the Nano is a right decision.
Some of the notable models set to make a debut next year include the Tata Harrier, the Mahindra S201, the Kia SP Concept, MG Motors' Boujun 530, and the Honda HR-V.
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.
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.
German Car maker Audi plans to offer cars that can do 400 km on a single charge, says Ajay Modi.
Chennai and Ennore ports are set to become hub for car exports from South India. After Hyundai, the two ports have started attracting global manufacturers like Renault SA, Nissan, and Ford.
Will you ditch Honda City or Hyundai Verna for Maruti's latest offering?
It manufactures cars ranging from entry-level hatchbacks to sedans to sport utility vehicles to vans to pick-up trucks. It also has a range of electric and hybrid vehicles
'This is purely a brand sale. It includes the Ambassador with its variants. Peugeot is likely to relaunch the brand with multiple variants.'
The distinction between "cheap" and "affordable" is a fine one, but no one understands this better than India's aspirational first-time car-owner, says Kanika Datta.
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.
There are rumours that Ajay Singh who previously headed SpiceJet may get an investor to bail out the airline of dire consequences.
After successfully marketing the state to American auto giant General Motors and German automaker Volkswagen, the Maharashtra industry department now wants Japanese auto major Honda to come to the state.
Maruti Udyog Ltd has been rated the 'most trusted' passenger car company of the country, according to a survey by global research firm TNS.
Car sales likely to touch record 3-mn mark by the end of March.
The government has initiated a process to define standards and guidelines for electric charging stations.
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