Europe's largest car maker, Volkswagen AG, today started production of its small car Polo at its plant in Chakan near Pune. Stating that the company would launch a saloon by the middle of next year, Volkswagen AG said it was aiming for a 10 per cent share of the domestic auto market in the next four to six years.
From discounts to hundred per cent financing to talks of a price hike, companies are doing everything to ensure retail sales pick up this month.
Auto loan costs remain stubbornly high.
The F 015 luxury sedan concept, with its spacious cabin and lounge-like seating for four, explores new possibilities for self-driving cars that can double as virtual living rooms on wheels.
Maruti, Hyundai & Mahindra together had 72.5% market share in year's first half.
RIL is also more profitable than Tata Motors.
New Creta, petrol Vitarra Brezza.. A quick look at what went down at Auto Expo Day 2.
Carmakers fear an increase of Rs 35,000-40,000 per vehicle for safety equipments.
Analysts have predicted a 23 per cent volume growth for the auto segment between FY22 and FY25, riding on the company's differentiated EV and SUV plan. M&M is already a market leader with a 36 per cent share in electric three-wheelers, and its Zaheerabad plant in Telangana is ready to cater to demand. In the farm segment, the company plans to focus on niche electric products.
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
Suspension that has fully acclimatised to Indian roads and handles potholes and bumps with ease, plush interiors that feel premium beyond just surface level, and aggressive and imposing design cues give this SUV a presence and profile that has little competition, says Pavan Lall.
'Approach people with respect, mindful that they know their job better than you do, and that you're not superior to them just because you may be better educated or their boss.' Skoda Auto VW India MD Gurpratap S Boparai cites his management credo to Pavan Lall.
Promoting ethanol-friendly cars, turning river Ganga into a waterway and rolling out 50 stalled road projects are three top agendas for him.
Seven years after it announced Nexa, there's no mistaking the seriousness with which Maruti wants the segment to grow, says Pavan Lall.
A record number of 85 products will be launched.
Volkswagen has pitted Rapid and Vento againsts Hyundai Verna.
Currently, Maruti Suzuki has 14 car brands, but it has decided to expand into some new segments.
India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, observes T N Ninan.
Maruti Suzuki had discontinued the mid-sized sedan Baleno in 2006, which was replaced by SX4 later on.
India's flagship motor show Auto Expo 2023 kicked off on Wednesday with the global unveiling of Suzuki Motor Corporation's concept electric SUV 'eVX' which is slated to hit the market by 2025. The company's Indian arm Maruti Suzuki India is among the major manufacturers participating in the show that has returned after three years. The Concept eVX is a mid-size electric SUV concept designed and developed by Suzuki Motor Corporation (SMC), Japan. It will be powered by a 60 kWh battery pack offering up to 550 km of driving range on single charge.
The company will begin exporting Baleno early next year to over 100 global markets
Will you ditch Honda City or Hyundai Verna for Maruti's latest offering?
According to experts, Tata Tiago JTP and Tigor JTP -- a sedan and hatchback -- are not only powerful and faster than every other car in the segment, but also in the segment above, including their peers Maruti Baleno RS, Volkswagen Polo and others.
New campaigns rev up their marketing pitch, while new challengers such as Tata Motors with the Zest promise to put up a spirited fight
The company believes there is a shift in consumer demand, more buyers could opt for Skoda in future
Tata now occupies the fourth slot with the incremental volumes from the Tiago
Maruti is now at a market share of 50.4%, up from 47.3% last year. In China, the world's biggest market, Volkswagen is the largest, with a share of 17%. In America, the second biggest, GM is leader with 18%. One exception is South Korea, where Hyundai has a market share in excess of 60%.
Mercedes-Benz India, BMW India and Audi India have lined up over 50 new model launches as they seek to recoup previous year's loss in volumes, reports Shally Seth Mohile.
The industry players couldn't hide their disappointment.
The Ambassador was a durable enough brand to outlive the licence raj.
Big brands like Hyundai, Mahindra and Mahindra (M&M), Toyota and Renault have lost share.
Maruti will showcase its first concept electric vehicle, the e-SURVIVOR; M&M it's six new EVs, including two futuristic concepts
"Honda Jazz is very spacious and the flexibility inside the cabin makes it extremely versatile, while the new and punchy diesel heart comes at the right time," says Indian motoring website MotorBeam.
There are a whopping 10 sedans slated for a launch in India this year. Rajesh Karkera/Rediff.com gives the lowdown.
Honda has grown from 15% in FY12 to 27% now; Yamaha has doubled share to 5% in five years.
The measures government takes next to push economic growth will be the key for automotive sector
Data available from top six players - Maruti Suzuki, Hyundai, M&M, Tata Motors, Honda and Toyota - shows an average growth of about 42 per cent for the industry in June
The new Toyota Yaris will surely instil confidence among its users when it comes to performance and safety, says P Tharyan.
The company has already received bookings for 33,000 units so far.
After GM's India exit, Ford-Mahindra 'strategic alliance' under spotlight.