To be badged the Opel Agila for Europe, the Splash might also be produced in India by Maruti Suzuki for their export commitment to Nissan Europe, totalling 50,000 units.
The car will rival Honda City, Hyundai Verna, VW Vento and Skoda Rapid.
The car made its debut in India.
Good sowing of kharif crops, better minimum support prices, and fewer Covid-19 cases (in villages) will help the rural growth story to continue, says Maruti.
With the domestic auto market going on a downhill slide, Tata Motors and Maruti Suzuki have cut production as the automobile industry braces up for a single digit sales growth this fiscal.
Last month, nine leading vehicle manufacturers sold 213,633 units, 25.8 per cent more than last year.
MSIL, India's biggest car maker, said it was in advanced talks with Fiat to ink a diesel engine sourcing contract that would allow it to rapidly increase diesel model supplies into the market.
Some cars that are emblematic of India's automobile industry will no longer come off the assembly lines after this year.
General Motors is looking at introducing an entry-level car to be positioned below the Chevrolet Spark, to drive up volumes in the Indian market.
From Hyundai to Tata Motors, automakers are staring at a bleak future. With no succor provided in the Budget, the pain for companies is likely to continue for the next two quarters.
HDFC, ONGC, Maruti Suzuki, HeroMoto Corp and Bajaj Auto gained the most on BSE Sensex
A glipse of what carmakers have in store for you.
Issues relating to shortage of key automotive components, which were supposed to be sorted out a month ago, will hit production even for the next two quarters, as slow ramp-up and discrepancies in tyre prices impact output.
It is expected to cost between Rs 8 lakh and Rs 10 lakh.
In a rare face off, captains of the auto industry have hit out at the government for not walking the talk. At an industry event in the capital on Wednesday, R C Bhargava, chairman of India's largest carmaker Maruti Suzuki, and Venu Srinivasan, chairman of TVS Motor, questioned the government's intent to support the auto sector. Revenue secretary Tarun Bajaj sat in the audience listening, before his turn came to counter them.
A number of companies, including Maruti Suzuki, Renault and Nissan, are giving gold coins to buyers who book cars by the month-end. There are other benefits as well, reports Ajay Modi.
Passenger vehicle wholesales in India declined by 10 per cent to 2,61,633 units last month as compared to March this year, as COVID-19-led restrictions across various states impacted demand, auto industry body SIAM said on Wednesday. Passenger vehicle sales in March 2021, stood at 290,939 units.
Automakers in India posted their worst growth in recent times in May 2011.
Market leaders Maruti Suzuki and Hyundai, who together control two-thirds of the domestic market, have not yet firmed up a decision on raising prices.
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.
Sales of recently launched Grand i10 and Xcent jump even as those of competing models drop in past two months.
Tata Motors on Friday said it will hike the prices of its passenger vehicles, excluding the Nano, by up to Rs 36,000 from April 1, to offset rising input costs.
Nissan Motor Company, Japan's third-largest auto maker, has decided to cut its small car sourcing target from India's biggest car company Maruti Suzuki by 80 per cent in view of the severe downturn in Europe's automobile market.
India, one of the world's fastest growing auto markets, will see the launch of over ten vehicles, including small cars during the 10th Auto Expo.
Fiat, Maruti, and Tata are all set to drive in their best vehicles.
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.
The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross
The company will utilise this time to carry out maintenance work at its manufacturing plants.
If it splits now, who takes what away and leaves what behind? asks Shekhar Gupta.
How does Honda CB Unicorn 160 fare against its rivals? MotorOctane.com weighs in.
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.
Model 3 received 180,000 orders worldwide.
According to the organising committee of the Commonwealth Games, orders have been placed with Tata Motors for nearly 1,800 cars during the games and some more cars, jeeps and trucks for the Queen Baton Relay that would commence its nationwide run from June 25.
Hero MotoCorp continues to update its products, albeit silently, to take on competition from Suzuki Slingshot, Honda Shine and TVS Phoenix
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.
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.
Gujarat CM had denied an audience with AAP chief.
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.
