Maruti recorded 20 per cent jump in sales during November.
Between January and August 2025, over 65,000 units of the Bolero were sold, making it the third-highest contributor to Mahindra's overall SUV sales. Bolero annually achieves sales of over 1 lakh units.
With car penetration of around 22 per 1,000 population, India continues to be a big opportunity to sell cars, especially in rural areas.
Maruti Suzuki India, country's largest carmaker on Thursday reported 3.7 per cent rise in total sales in September.
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.
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.
The first diesel car from Maruti Suzuki, Celerio diesel is pitted against Hyundai Grand i10, Ford Figo and Chevrolet Beat.
Despite the benefits of hybrid technology, a lack of government backing and few launches have kept the segment from gaining ground.
Currently, Hyundai has 400 dealerships and over 270 rural sales outlets supported by over 1,000 service centers across India.
Localisation for present-generation Hyundai cars will also rise from the average 85-90 per cent.
So far, the current year has not been great for the leading car exporters from India. In the top five list of exporters -- Hyundai, Ford, Maruti Suzuki, General Motors and Volkswagen -- it is only Hyundai which is clocking a growth.
The company, whose arm Maruti Suzuki is the largest passenger vehicles maker in India, asserted that it does not align with any political or religious inclination in any part of the world.
Hyundai got two stars for Grand i10 Nios and Kia got three stars for Seltos.
While sales of Maruti's compact segment grew, its mini segment witnessed a slump
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
Domestic passenger vehicle wholesales were down 0.8 per cent at 3,44,656 units in May this year as compared to 3,47,492 units in the same month last year, Society of Indian Automobile Manufacturers said on Monday.
Domestic passenger vehicles sales rose by 23 per cent to a record of 37.93 lakh units in 2022 led by the likes of Maruti Suzuki, Hyundai and Tata Motors as the companies rode on easing of pandemic related challenges and semiconductor shortages to cash in on pent up demand, specially for SUVs. Other manufacturers like Toyota Kirloskar Motor and Skoda India also reported record sales in 2022. "The industry wholesales in January to December 2022 were just short of 38 lakh units.
The list of companies include big names such as Colgate-Palmolive, Hero, Maruti Suzuki, Hyundai, Videocon, Onida, Arvind Mills, Nokia and Mahindra & Mahindra.
Prices third Nexa car aggressively at Rs 4.59 lakh, to take on Hyundai's i10Grand and M&M'S KUV100.
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
Disappointed with the RBI decision of not reducing policy rates, carmakers and real estate players today said the sectors, which are already reeling under a slump, will continue to suffer due to the high interest rate regime.
The company had sold 115,433 units in the corresponding month last year, MSI said in a statement.
Ciaz, the mid-sized sedan, was launched in October 2014.
Hyundai sold 6,054 units of the new Verna in September, against 6,010 units of the Honda City and 5,603 units of the Maruti Ciaz.
Most top car makers are offering discounts, targeted specifically at government employees. About 5 million employees are expected to benefit from the government's move to raise its employees' salary by 70 per cent. The revised pay scales will be effective January 2006, which means they will get their pending salaries in bulk. Auto makers are hoping they will use the lumpsum payment to make a down payment for a car.
Industry executives say the government could help in lowering prices of green vehicles by encouraging domestic research and development.
A host of passenger and commercial vehicle manufacturers displayed 'green' vehicles at the Auto Expo. Maruti Suzuki, Hyundai and Tata Motors displayed 100 per cent plug-in electric car concepts, while commercial vehicle manufacturers like Ashok Leyland displayed concept hybrid buses, fuelled both by electricity and diesel.
India's used car market, which has been growing steadily at 10-12 per cent over the last 2-3 years, is expected to reach $40 billion in FY26.
These days, auto giants such as Volkswagen, Ford, Maruti Suzuki, Hyundai and Toyota are literally working their hearts out to woo customers at every level.
Thanks to the late surge in sales towards the second half of the year, total domestic automobile sales in year 2009 grew by 16.93 per cent to 1,13,20,918 units compared to 96,82,113 units in 2008.
M&M also saw its domestic passenger vehicle sales grow by 1 per cent, while Toyota Kirloskar Motor witnessed a decline in its PV sales.
Maruti is trying to move up the segment by focusing on premium cars, SUVs and even trucks.
The car will rival Honda City, Hyundai Verna, VW Vento and Skoda Rapid.
Almost all of these companies either unveiled their new electric vehicle or alternative energy-powered models.
Automobile component manufacturers are rejoicing over a sudden 30-40 per cent spurt in demand in February. Analysts are, however, not entirely sure of the reason for this high growth; many are doubtful if it can be sustained, given the other gloomy signals. An analyst says, "Almost all car makers have either completely withdrawn or drastically reduced their promotional offers." Also, payment issues as far as vendors are concerned remains a problem.
The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.
Maruti Suzuki Celerio will now come equipped with ABS and airbags for all its variants.
The new year has brought good news for almost all car manufacturers, with market leader Maruti Suzuki, Hyundai Motors, Tata Motors, Mahindra & Mahindra, General Motors and even Fiat, posting their highest monthly sales since their inception.
Hyundai has hit pay dirt in India's sedan market, but Honda will strike back.
Passenger vehicle sales in India touched a record high of 41.08 lakh units in 2023, growing by 8.3 per cent over the previous year driven by SUVs, which accounted for almost half of the total dispatches from manufacturers to dealers. The record sales have been achieved despite an increase in the average price of vehicles to Rs 11.5 lakh last year as compared to Rs 10.58 lakh in 2022. Market leader Maruti Suzuki, Hyundai Motor India, Tata Motors and Toyota Kirloskar Motor reported their best-ever annual sales in 2023.
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