What explains India's love affair with SUVs? They are not exactly "value for money" -- the watchword for brands across segments -- nor always practical. Is it for the badge value? Or the butch imagery associated with SUVs? Maybe both, says Alokananda Chakraborty.
IIP for November 2015 and CPI for December 2015 will be announced today.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
Nano's production though continues unhindered despite mounting losses
According to the data released by Society of Indian Automobile Manufacturers (SIAM), domestic car sales in October this year stood at 1,59,036 units as compared to 1,63,199 units in the same month of 2013.
Tata Motors ended the year selling 21,012 Nanos, up from 16,901 in FY15.
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.
Maruti has announced it will phase out diesel variants from April 1, 2020, when stringent BS VI norms take effect
The hatchback has been priced strategically at a notch above the Nano and way below the Tata Bolt.
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.
With no signs of economic revival under the current political circumstances, SIAM said it expected a turnaround in the fortune of the auto industry only after a new government is formed after the general elections next year.
'For them life is very difficult since there has been no universalisation of PDS.' 'And let's understand that there are people who need ration instead of cooked meals.'
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.
New age diagnostic tools come in handy for BharatBenz to predict repair needs and breakdown in advance.
Renault Kwid is a good entry-level car for Indian roads.
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.
Now, you can own a two-wheeler for Rs 18.5 per day
'If credit is not available, people will postpone buying. That's what has happened.'
"Nano is like an open canvas for us. We have the option of positioning it on the lines of the (Volkswagen) Beetle or the (BMW) Mini."
Sales of commercial vehicles were up 11.45 per cent to 56,840 units in December 2015.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
Manufacturer Nissan plans to get aggressive with brand communication and increase the number of customer touchpoints through showrooms, experience zones and other initiatives.
With the new Verna, Hyundai takes on Honda. Beating the Honda City is something the country's second-largest car maker has taken upon itself with its new launch. Will it succeed?
The electric vehicle evolution in India's passenger vehicle market has remained frozen in time and may see limited adoption over the next decade, experts say.
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.
Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
Indian carmakers will have no option but to manufacture safer cars from October 2017.
EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
The new Scorpio came after a gap of 24 months since its last launch, during which the competition launched a slew of products.
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
It is the global leader in car sales but in India, is a distant fifth.
The multi-seater vehicle currently runs on BSIII engines.
Lack of visibility on rates makes companies apprehensive.
It kick-starts rally with the Africa Twin motorcycle; three more launches slated for the year
Sales of commercial vehicles rose 8.59 per cent to 56,140 units in September, SIAM said.
The car will compete with Hyundai Grand i10 and Maruti Suzuki Celerio
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