buyer. Car companies on Monday reported double-digit increases in sales in April 2010 over April 2009.
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.
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.
There are signs of Maruti taking Honda Mobilio seriously.
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.
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.
Maruti Suzuki, Hyundai and Mahindra failed to register significant growth.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
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.
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
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.
Charge relates to misuse of dominant position to sell spare parts at high rates.
Several manufacturers such as Mahindra
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.
Market leader Maruti registers a growth of 19% in 2007.
Out of the four, he said, two will be new models and two will be upgrades.
Maruti Ciaz and Ertiga are exempt from the infrastructure cess and so, there is no change in the prices of these models.
With cars like the Toyota Corolla and the Honda Civic selling in very small numbers and potentially even being phased out, the Octavia has very little competition, says Pavan Lall.
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.
The Maruti Celerio isn't a game changer but an average performer in many areas.
Passenger vehicle wholesales in India increased by 17 per cent in the second quarter of the current fiscal year as buying sentiment improved and companies stocked up to cater to enhanced demand in the festive season, auto industry body SIAM said on Friday. According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicles sales in the July-September quarter increased to 726,232 units from 620,620 units in the same period last year. Similarly, two-wheeler sales during the September quarter this fiscal rose marginally to 46,90,565 units as compared with 46,82,571 units in the same period last fiscal. However, commercial vehicles sales saw a dip of 20.13 per cent at 133,524 units in the quarter under review as compared with 167,173 units in July-September 2019.
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 new tax regime has also been fuelling sale of SUVs, particularly the compact SUVs
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.
Besides the car's price, fuel efficiency is of utmost importance for buyers as it's a long time recurring expense.
The car has a good balance of ride and handling, excellent packaging, good performance and is priced competitively.
Multi-purpose vehicle segment has seen some serious activity in the past one year.
Maruti Suzuki India, country's largest car maker, on Wednesday said it will increase the prices of its entire range of models by up to Rs 10,000 from October first week, mainly due to depreciation of rupee.
The petrol and diesel base variants of Enjoy are priced Rs 49,000 and Rs 70,000 cheaper than the Ertiga.
After GM's India exit, Ford-Mahindra 'strategic alliance' under spotlight.
The motorbike giant will be rolling out an influential 250cc engine sports motorcycle in the Indian market within two years.
Besieged by rising steel prices, the domestic passenger car manufacturers are gearing up to raise prices again. Barely a month ago, Maruti Suzuki, Hyundai Motors India, Mahindra & Mahindra, Tata Motors and Honda Siel had effected price increases of Rs 6,000 to Rs 30,000 across models.