A-Star, Suzuki's new world car that will be made only by its Indian subsidiary, Maruti Suzuki India, will have four different names in markets across the world, which will indicate the role it is expected to play in the Japanese car maker's stable as well as of compatriot Nissan Motor.
Last week, rival and market leader Maruti Suzuki India had raised the prices of its various models, except Alto, by up to Rs 7,500 citing a sharp increase in input costs with immediate effect.
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.
The total number of passenger vehicles (cars and utility vehicles) sold annually in the 1970s was 32,000 units - less than even one week's sales today.
An analysis of past 20 years' demand cycles done by Edelweiss Securities indicates that the auto sector is currently in the middle of a down cycle. Volume recovery, they say, is unlikely to be as sharp as in the past, unless there is strong fiscal support.
Gujarat CM had denied an audience with AAP chief.
The company will utilise this time to carry out maintenance work at its manufacturing plants.
Michael Boneham, president, Ford India, said the small car would be engineered for Indian conditions and that the company was keeping options open for both petrol and diesel variants. Ford's mall car will mark its entry into the mainstream segment, popularly known as the B segment cars in India, which accounts for a little over 70 per cent of the 1.3 million India car market.
Come New Year, cars will be costlier with automakers like Toyota and General Motors on Tuesday saying that they will hike prices by up to three per cent due to rising input costs, while the country's largest car maker Maruti Suzuki India is still evaluating the situation.
buyer. Car companies on Monday reported double-digit increases in sales in April 2010 over April 2009.
India's largest car maker Maruti Suzuki on Thursday said it has no plans to cut the price of Maruti 800 to compete with Tata Motors' Nano.
There are signs of Maruti taking Honda Mobilio seriously.
Here's the world's fastest accelerating bike. Which means, the Kawasaki ZX-14R zooms from 0 to 100 km/hr in lesser time (2.8 seconds) than any other bike!
Maruti and Hyundai see marginal rise in demand for entry-level hatchbacks.
American car makers are know for it but Indian manufacturers are soon catching up with the trend.
The economy segment of India's car market is unlikely to revive soon term as inflation and prices prompt buyers to defer purchases. The share of entry-level cars in the passenger vehicle market dropped to the lowest in seven years at the end of the Financial Year 2021-22 (FY22). A recovery in the segment will be largely driven by the overall economic growth, improvement in income levels, and easing of semiconductor shortage, say carmakers and analysts.
Maruti Suzuki, Hyundai and Mahindra failed to register significant growth.
Contrary to expectations that car sales dip in December, auto majors Maruti Suzuki and Hyundai Motor India are poised to grow 30 per cent in sales (the two companies control 72 per cent of the domestic market). General Motors is looking at 70-80 per cent increase in sales.
A majority of HMIL's current export comprises the i10 model, which is exported to Asia, Latin America and Western Europe. In addition, the company has stated that 90 per cent of the i20 model (a premium hatchback) will be exported. The company will produce 150,000 units of the model annually.
Low-base effect to kick in, but higher raw material prices could spoil the show.
Several manufacturers such as Mahindra
Charge relates to misuse of dominant position to sell spare parts at high rates.
If it splits now, who takes what away and leaves what behind? asks Shekhar Gupta.
Home-grown automotive players like Tata Motors, Ashok Leyland, Bajaj Auto, Hero Honda, TVS Motors and Maruti Suzuki are augmenting the use of plastics in engine components in an ambitious effort to reduce dependence on key metals like steel and aluminium, all of which have witnessed stupendous rise of 35-50 per cent in the past 5 months.
Maruti's Alto retained the top position in June with 14,856 units, as against 15,750 units in June last year.
Maruti, Honda and Tata Motors posted highest sales growth during the month
Market leader Maruti registers a growth of 19% in 2007.
Maruti Ciaz and Ertiga are exempt from the infrastructure cess and so, there is no change in the prices of these models.
Honda Motorcycle and Scooter India (HMSI), Suzuki Motorcycle India (SMI) and Yamaha Motor India (YMI) are building motorcycles and scooters to suit the Indian market. The models will be manufactured at the company's research and development centres in Japan and will use new platforms.
Market leader Maruti Suzuki sold 51,274 units, down 49.61 per cent from the same month last year. Hyundai Motor sold 21,320 units, a decline of 49.25 per cent and Mahindra & Mahindra sold 8,075 units, down 54.54 per cent.
Out of the four, he said, two will be new models and two will be upgrades.
We will not be in the ultra-low-cost car segment. Our focus will be on the A1 and A2 segments, which are growth areas in which many of the new players like Nissan, Volkswagen or Toyota are planning to enter. Our entry-level car will remain the Maruti 800.
Hyundai Motor India on Thursday downplayed apprehensions that its premium hatchback offering 'Getz' was under 'threat' following the launch of Suzuki's 'Swift' in the same segment, at a relatively cheaper price.
The Maruti Celerio isn't a game changer but an average performer in many areas.
Majority gram sabhas pass resolution to oppose SIR status to the area where Maruti's proposed unit is to come up.
Maruti Suzuki, Tata Motors and Hyundai stand to gain the maximum, given their large portfolio of products in the sub-4 meter segment.
The new tax regime has also been fuelling sale of SUVs, particularly the compact SUVs
Besides the car's price, fuel efficiency is of utmost importance for buyers as it's a long time recurring expense.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
