Future strategy will not just revolve around EVs: Maruti Suzuki's Ayukawa. Maruti Suzuki's MD&CEO says electric vehicles cannot be a solution outside the cities.
The car will compete with Hyundai Grand i10 and Maruti Suzuki Celerio
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
Sales of commercial vehicles rose 8.59 per cent to 56,140 units in September, SIAM said.
It kick-starts rally with the Africa Twin motorcycle; three more launches slated for the year
Companies like Yamaha Motor India, Honda Motorcycle and Scooter India, Suzuki Motorcycle India and TVS Motors are all geared up to launch bikes to shake-up Bajaj's stronghold -- the 150-250-cc segment
'Nobody is talking about the inequality that is going to come.'
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
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
Govt may delay BS-V and -VI implementation by a year
During May, Maruti Suzuki's domestic car sales were up 2.59 per cent at 87,402 units as against 85,190 units in the same month last year.
Metals, auto and banking shares were in the limelight in this session; the FMCG pack, however, ended lower.
Toyota's India unit will also source two cars manufactured by Maruti Suzuki, the Baleno and Brezza, including their hybrid variants, and in return Toyota will offer its Corolla sedan to Maruti.
No mention of cab aggregators in GST bills
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
On Reva, Mahindra says electric cars are an innovation that can disrupt the automobile sector.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
Market watchers believe Tata Motors' move to upgrade the Nano is a right decision.
The new scheme may link the incentives to the battery power - higher the power, higher the incentive and most electric two-wheelers running on Indian roads use low power and fast charging batteries.
From helping their employees infected with the Covid-19 virus to vaccinating them or supporting the families of those who might have succumbed to the infection, several companies in India are trying to do their bit in this difficult time. Some have even widened their support net to include all stakeholders as well as an extended community. To the families of the employees it lost to Covid-19, Noida-headquartered IT services and consulting company HCL Technologies is, for instance, paying salary for a year, medical insurance for three years and extending support for their children's education for five years.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
Car sales in India surged by 12.87 per cent in December.
During April, Maruti Suzuki India's domestic car sales were up 2.72 per cent at 86,481 units, as against 84,188 units in the same month last year.
'If credit is not available, people will postpone buying. That's what has happened.'
A series of flip-flop on policies and a non-existent charging infrastructure are the biggest challenge in achieving the target of selling 6-7 million hybrid and electric vehicles by 2020.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
Prime Minister Modi, who is in Japan on a two-day visit to attend a summit of the Quad leaders at the invitation of his Japanese counterpart Fumio Kishida, penned an op-ed on the vibrant relations between India and Japan in the Yomiuri Shimbun.
Ciaz, the mid-sized sedan, was launched in October 2014.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Cruising comfortably in the 70s, Royal Enfield sputtered to a stop in the 90s, before its comeback in the first decade of the 21st century.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
Renault says that one of the reasons why its sales look muted when compared to its peers is its limited reach.
The strong domestic growth for new vehicle sales during 2008-12, which witnessed a compounded annual growth rate of 14 per cent, led to an increased inventory of used cars, thanks to trade-ins.
You can make all the speeches you want, you cannot argue against 39 straight months of slowing, observes Aakar Patel.
High price, combined with the decision to go only for diesel and position it as a crossover, resulted in its limited success
Constantly evolving rules and anomalies over tax treatment have constrained corporate programmes in the first year that the government's CSR mandate has been in force.
E-vehicles may face pollution hurdle with hazardous batteries. One lithium-ion battery has a potential to poison the whole water aquifer of Delhi.
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