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.
The auto industry has had a mixed month. The build up to Dhanteras and Diwali was good but the demand tapered off subsequently.
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.
Companies have also managed to find talent created by frequent exits.
Indian Hotels, Tata Steel, Tata Teleservices, Tata Motors, Tata Power need some immediate attention of the Tata Group chairman
Car sales likely to touch record 3-mn mark by the end of March.
The Argentinian becomes the first brand ambassador of the company in its 70-year history.
Maruti, Hyundai, Tata Motors, Mahindra & Mahindra and Honda saw their passenger vehicle sales improve in August compared to the same month last year, although Ford and Toyota witnessed a decline.
At Rs 470,000 for the base petrol variant, Tigor is now the cheapest compact sedan in the country
Maruti has announced it will phase out diesel variants from April 1, 2020, when stringent BS VI norms take effect
Maruti Suzuki, Hyundai, Mahindra and Toyota reported low single-digit sales growth for the month owing to weak market sentiment
Tata group bets on design and price. It looks to mark its spot in a highly cluttered category with its newest offering. Tata Tigor might drives between the lanes!
The new Tata Tigor, Datsun Go and Hero Xtreme 200R are hoping to use celebrity endorsers and gain a foothold in a segment that has been the stronghold of market leaders for several decades. But will it work?
The car will compete with Hyundai Grand i10 and Maruti Suzuki Celerio
India Inc has few leaders who are likely to grab headlines in 2015.
Carmakers fear an increase of Rs 35,000-40,000 per vehicle for safety equipments.
The measures government takes next to push economic growth will be the key for automotive sector
With swanky showrooms and VR-enabled sales platforms Maruti Suzuki, Tata Motors, and Skoda bet on shine and gloss,and place their faith in experiential branding.
The company took five years to sell the 250,000 units of the Nano.
Market watchers believe Tata Motors' move to upgrade the Nano is a right decision.
Maurti and Hyundai recorded jump in sales in May.
While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
Amid a slowdown in car sales, Maruti Suzuki India on Saturday said it will foray into the light commercial vehicles segment, 30 years after an initial plan was shelved when the company started operations.
2015 will witness exciting new car launches that will prompt you to buy at one of them.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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