Ahead of the international auto show that begins next Wednesday, the Indian auto industry continues to be buffeted with bad news. According to data released by leading automobile companies on Saturday, the industry's sales volumes in January fell about five per cent from those in the same month last year.
Toyota Kirloskar Motors on Thursday launched Innova, a replacement model for its flagship Qualis, pricing the base models of petrol and diesel versions at Rs 6.82 lakh and Rs 7.42 lakh respectively.\n\n
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.
The fourth generation Prius combines a premium styling and an enjoyable driving dynamics.
Japanese car major Toyota Motor Corporation plans to set up an engine assembly plant in the country and has sought government approval for the proposed venture.
Almost 40 per cent of a durable company's sales are achieved during the festival season
Maruti Suzuki posted a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
The narrowing gap between petrol and diesel prices, an uncertainty around the future treatment of vehicles and low resale price of diesel cars are some of the apparent reasons for the strategy shift
The Japanese auto major says the ban has made it difficult to launch new products or commit fresh investments
Reflecting the mood, passenger vehicle sales in November either remained muted or skidded for most manufacturers as high fuel prices and the higher cost of borrowing dampened buying sentiment.
Toyota Kirloskar Motor launched the Toyota Corolla on Sunday. The company expects to sell around 10,000 units in the first year itself.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Maruti has announced it will phase out diesel variants from April 1, 2020, when stringent BS VI norms take effect
'The Thai junta, who immediately took control of the operations in a military manner, took the decision to involve the best world professionals for the rescue.' 'This made a huge difference.' 'It is highly probable that in India, the authorities would have said, "We have the expertise, we don't need foreign aid",' says Claude Arpi.
Data available from top six players - Maruti Suzuki, Hyundai, M&M, Tata Motors, Honda and Toyota - shows an average growth of about 42 per cent for the industry in June
Auto firms have reported a good jump in sales for the month of December
'His son fought bravely like a true Shiv Sainik and emerged victorious against those whose machinations were to finish the Shiv Sena in the state.'
Move aimed at removing confusion among private buyers
Gujarat govt had also announced to add Yoga in text books.
Pump manufacturing company Kirloskar Brothers Ltd and Coal India on Friday are jointly moving 18 high-powered pumps to the mine, officials said.
The Camry hybrid sold 466 units in January-April in the region.
Various factors, including robust demand in rural markets and good response to new models, helped in driving the sales.
Drones, high capacity auto prime pumps, autonomous vehicles, robots, all played a role in the seemingly impossible rescue, reports Pranjal Sharma.
Forex dealers said besides continued demand for the American currency from importers, increased capital outflows by foreign funds kept pressure on the rupee.
The government has mandated that from October 2017, all new car models will have to be equipped with airbags to meet crash test norms.
Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable.
Maruti Suzuki, Hyundai and Mahindra failed to register significant growth.
The Coimbatore suburb has been growing significantly due to strong economic policies, says Naveen Nandwani.
Toyota Motor Corp is betting on pricier premium models offering better safety and quality.