The overall market breadth in BSE remains positive with 1,723 shares advancing and 1,157 shares declining.
The top six auto brands are: Maruti Suzuki, Hyundai, Tata Motors, Toyota, Kia and Mahindra & Mahindra.
Workers' union to hold meeting on Monday to decide when to return to work.
The launch of two much-awaited compact cars of Honda and Toyota, scheduled to hit showrooms in a few months, may get reviewed as the two companies struggle with component supplies.
Japanese car maker Toyota on Tuesday said it will begin production of its entry-level sedan Etios in third week of December from its second manufacturing facility in India at Bidadi in Bengaluru.
The meltdown in Dalal Street that wiped out investor wealth to the tune of 44 trillion in 2025 also seems to be having a ripple effect on the country's vibrant automobile retail sales.
Japanese carmaker Toyota is recalling 41,000 units of its sedan Etios and small car Liva in India to replace faulty inlet pipe to fuel tank.
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'
Due to the continued pressure of high costs, Toyota is considering a price increase of up to 3 per cent across models with effect from January.
Billionaire Mukesh Ambani-led Reliance Industries has made it to the annual list of the world's 100 most respected companies compiled by the Wall Street Journal, topped by US-based healthcare products major Johnson & Johnson.
Passenger vehicle wholesales saw a marginal growth of 4 per cent in June on account of high base effect and muted demand due to severe heatwave conditions in several parts of the country. Overall passenger vehicle dispatches last month stood at 340,784 units, a growth of 3.67 per cent compared with 328,710 units in June 2023.
Toyota Kirloskar Motors Limited is looking to make further inroads into the Indian market as it puts its strategy into overdrive. With the launch of the Prius and its small car in 2010, it is looking to add another volume product to its portfolio.
The Japanese auto maker, which is present in India through a joint venture with the Kirloskar Group, is investing Rs 3,200 crore (Rs 32 billion) for setting up a new production facility in Bangalore to launch its 'strategic' small car in New Delhi.
TKM is investing Rs 3,200 crore in the second facility, which will have an initial capacity of 70,000 units as it gears to launch a small car in the Indian market by early 2011.
Of the 6,400 Toyota employees, about 4,000 are union members and the remaining of them are on contract in both the factories.
The new SUV comes with a 3.0 litre D-4D diesel engine with five speed manual transmission.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Friday reported robust sales for February as demand for sports utility vehicles continued to remain strong. Mahindra & Mahindra, Toyota Kirloskar Motor and Honda Cars also witnessed higher vehicle dispatches to dealers last month. February turned out to be the third-best month for sales for the industry ever.
The Tata group flagship has sold more sport utility vehicles (SUVs) in the domestic PV market in the past four months than any other automotive manufacturer, cementing its no.1 spot. It first grabbed pole position in the SUV segment in October 2021 after the launch of the Punch - a sub-compact SUV offering.
With entry-level cars being preferred amid the pandemic, market leader Maruti Suzuki has strengthened its hold, along with Hyundai Motor India.
The company has launched the new version of Etios at a price range of Rs 545,000 and Rs 708,000 for the petrol variant and Rs 670,000 and Rs 815,000 (ex-showroom Delhi) for the diesel variant.
South Korean carmaker Kia was on Tuesday declared the top mass-market performer in the overall customer experience index (CEI), an annual survey done by the Federation of Automobile Dealers Associations (Fada) to assess and quantify customer experience across 97 parameters related to sales, product, and after-sales quality. Fada conducted this survey in collaboration with consulting firm Frost & Sullivan, with a sample size of 8,685 respondents.
Brand Toyota may have taken some beating after the Japanese carmaker had to recall millions of vehiles in the US, but in India the company sees no impact and is eyeing a strong growth.
Betting big on its yet to be launched compact car Etios,the world's largest carmaker Toyota on Wednesday said it expects more than half of its overall sales in India during the next year to come from the new model.
Toyota Kirloskar Motors plans to sell 45,000 units of its newly launched passenger car 'Innova' in 2005, with 4500 units in the first month itself.
Toyota Kirloskar Motors on Thursday launched Innova, a replacement model for its flagship Qualis, pricing the base models of petrol and diesel versions at Rs 6.82 lakh and Rs 7.42 lakh respectively.\n\n
'We are seeing one of the highest discounts in recent years across companies.' 'October is a crucial month with several festivals coming up.'
Over 400 Toyota Kirloskar Motor Employees Union members have ended their sit-in protest outside the labour commissioner's office in Bangalore, to pave the way for holding conciliatory talks.
Speaking to reporters after flagging off Etios exports to South Africa for the first time, Sandeep Singh, deputy managing director (marketing), said so far the Camry had been imported.
One of the smallest players in India's car market, it is banking on new-look Etios to make inroads into the personal vehicle segment
Toyota, General Motors, Volkswagen, Ford, Honda, Renault, Hyundai, Suzuki and Nissan are among those who boast of production of a million unit or more every year.
Auto major Toyota Kirloskar Motor on Thursday unveiled its first crossover, 'New Etios Cross', targetting young customers.
The car has been been specifically developed for the Indian market and the company is investing Rs 3,200 crore (Rs 32 billion) at its second plant in Bangalore to produce its units.
German car maker Volkswagen was the first company to offer airbags on all its variants in India from the beginning of this year.
It will borrow Innova Crysta's engine lineup
Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.
The model has sold more than 88,500 units since its introduction in India in 2003.
The bookings of the new vehicle, named Innova Crysta opened on Monday and deliveries will begin from May 13, 2016.
