After more than two years, Tata Motors has dislodged Korea's Hyundai Motors in India from the second spot in monthly domestic passenger vehicle sales. The spurt in Tata's June numbers has primarily been due to a dramatic increase in sales of the Nano, after the mother plant at Sanand in Gujarat went onstream last month, as well as a surge in that of the Indigo.
Spicejet receives maximum complaints regarding refunds
The new airline will leverage business class seats to improve yield per passenger and fly only to big cities.
The company has refurbished as many as eight models, but it desperately needs to up the ante in the compact SUV and compact sedan segments.
At Rs 470,000 for the base petrol variant, Tigor is now the cheapest compact sedan in the country
The car, the cheapest in its category, will compete against the Maruti Suzuki Dzire, the Honda Amaze, the Hyundai Xcent and the Tata Motors Indigo CS.
It has climate control, daytime running lights and projector headlights.
West Asian carriers are up against Air India and IndiGo in the battle for seats on lucrative international routes.
Tata Motors hasn't announced the prices of the new vehicles yet. This is the first time that the company has introduced such a large number of new vehicles on a single day.
Just months ahead of the launch of its Rs 1-lakh Nano, the world's cheapest car, automaker Tata Motors has started the process of expanding the dealership network for passenger cars.While the applications have already been invited for dealerships in Delhi and adjoining Ghaziabad, the company officials said that similar exercise is also being carried out in other parts of the country, wherever there is a need for expansion.
The Manza will be available with two fuel options, seven colours and four versions -- Aqua, Aura, Aura (ABS) and Aura+. The car will be powered by a 1.4 litre Saffire petrol engine and a 1.3 litre Quadrajet diesel engine sourced from Fiat, both producing identical power.
For debt-laden Jet Airways, bitter foe Tata may turn into timely saviour.
Akasa Air's plane occupancy, or load factor, improved the most among all major carriers in April compared to the last month. Load factor signifies the percentage of seats that the airline has been able to fill in its planes. The Vinay Dube-led carrier, which started commercial flights in August last year, saw its load factor jump by more than 11 per cent in April, according to the Ministry of Civil Aviation's data
The Tatas sold over 14,466 Indica cars, which was slightly lower than the sales of 14,592 units of the Santro hatchback in January.
Tata Motors Chairman Cyrus Mistry said the company was poised for an 'inflection', even as it revamped its entire product portfolio.
India's domestic air passenger traffic nearly doubled to 1.25 crore in January compared to 64.08 lakh recorded in the year-ago period, according to official data released on Monday. In January, IndiGo saw its domestic market share decline for the fifth consecutive month at 54.6 per cent. It carried 68.47 lakh passengers last month.
he Manza is being offered with four variants in two engine options petrol and diesel. Both these engines are the same as those inside partner Fiat's Linea sedan. With the engines manufactured at the joint venture plant at Ranjangaon, the company hopes to reap the benefits of scaled-up production and pass these on to its customers.
India's Tata Engineering and Locomotive Company said on Monday it will launch a sedan version of its lone car model on Wednesday, marking its entry into the mid-size segment.
The 2019 list shows a 37 per cent jump in brand value for the Tata group, to $19.55 billion for 2019, the highest in the top 25.
In the commercial vehicles segment, the company's sales declined by 45.83 per cent to 25,738 units in the domestic market during the month compared to 47,515 units in the corresponding month previous year.
Home grown auto major Tata Motors on Friday reported a 45 per cent jump in total vehicle sales at 44,357 units in May this year as against 30,593 units in the same month last year.
Tata Group-owned Air India, under its new chief executive officer and managing director Campbell Wilson, is optimising its domestic strategy under which the carrier is "densifying" its presence on metro-to-metro routes and exiting from unviable ones, Business Standard has learnt. Wilson took charge on July 25. Air India has increased its flights on metro-to-metro routes such as Delhi-Mumbai, Delhi-Bengaluru, Mumbai-Chennai, Mumbai-Bengaluru, and Hyderabad-Mumbai between June and November this year.
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.
Kite is reported to launch by mid-2015.
The company had sold 51,160 vehicles in the same month last year.
There could be a fare war in the Indian skies to beat competition from Vistara.
The government is keeping its options open.
The curious case is of Honda, which has moved up the pecking order while actually losing market share!
Tata Motors has hiked the price of its premium small car 'Indica' by an average of 1.9 per cent with immediate effect.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
There are several examples of one name standing in for many brands.
The recent equity market weakness has sobered up investor mood, but the coming festive season is keeping analysts upbeat on stocks related to the consumption basket. Among the lot, fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months, and investors should thus selectively take bets in these pockets, analysts suggest. "We expect good volume growth for the FMCG sector during the festive season with some improvement in rural demand.
Vistara has entered a country that has been sobered down to reality.
Despite partial restoration of salaries, pilots across airlines remain dissatisfied, throwing challenges for managers.
Mega Corporation, a Delhi-based radio-call car rental company, on Monday said it has placed an order for 1,000 Indigo Marina cars with Tata Motors to expand its fleet in Delhi, Chandigarh and Mumbai.
Tata Motors on Thursday said its car sales in August 2003 grew by 23.5 per cent to nearly 11,700 units over 9,482 units sold in the same month last year.
Air India has been a subject of its passengers' ire this week as more than half of its flights have been delayed, primarily because of an old crew rostering system. Due to the existing system, the airline has not been able to handle the disruption created by cyclone 'Biparjoy' on India's western coast. The sudden grounding of two planes also added to the carrier's woes.
Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.
