Tesla began taking orders for its Model 3 sedan from Indian customers in 2016 and caught the fancy of people like GOQii's Vishal Gondal, Paytm's Vijay Shekhar Sharma and venture capitalist Mahesh Murthy. Amid hints from Elon Musk, Alnoor Peermohamed reports on Tesla's Indian entry.
Do you know how to buy the best lady's fingers? Or choose the best cauliflower?
The company's sales had declined over 14 per cent last year.
Country's largest car-maker Maruti Suzuki India (MSI) on Saturday reported 10.3 per cent decline in total sales in January at 1,02,416 units as against 1,14,205 units in the same month last year.
We bring you a list of the top 10 cars that scored the best in the month of November 2012.
The iconic brand is considering petrol powertrains for its entire Indian portfolio, which includes the Jeep Compass, Meridian, Grand Cherokee and Wrangler.
Sales of Maruti Suzuki India during January-December 2008 stood at 697,850 units while those of Suzuki Motor Corporation for the same period stood at 679,215 units. The comparable growth for MSIL in India comes on the back of an almost 2 per cent decline for the company in a year-on-year basis during the calendar year. Its sales were higher in calender year 2007 at 710,532 units, according to the data provided by the company.
Car makers are trying hard to boost sales in India.
'This is purely a brand sale. It includes the Ambassador with its variants. Peugeot is likely to relaunch the brand with multiple variants.'
Of the 15 car manufacturing companies in India, eight have a market share of below 2 per cent, raising questions about their long-term future in a competitive market that has already seen Ford Motors and General Motors slam the door on India.
Chinese automakers Great Wall Motors, FAW Haima Automobile, and Changan Automobile, after dithering about entering India for some years, have been encouraged by the robust sales performance of the late entrants Kia Motors and MG Motors even in a slowing market.
Mercedes-Benz plans to sell more compact cars.
The company had sold 92,161 units in the same month previous year, MSI said in a statement.
In a major victory for Tatas, an arbitral tribunal has awarded Tata Motors a compensation of over Rs 766 crore for the losses incurred because of protests by Trinamool Congress that stalled its small car project at Singur in West Bengal. The tribunal asked the West Bengal government to pay Tata Motors the compensation, along with interest, according to a stock exchange filing by the Mumbai-based auto major on Monday. The company stated that the arbitral tribunal has asked the West Bengal Industrial Development Corp (WBIDC) to pay the company Rs 766 crore compensation, in connection with losses incurred on its manufacturing site in Singur.
Data issued by Siam shows sale of PVs (cars, vans and utility vehicles) grew 14.3 per cent to 275,417 vehicles.
The local unit of United States automaker Ford expects its sales to rise 20 per cent this year from 42,956 units sold in 2003 on the back of greater sales of the existing models and launch of a new car.
During January-May period, the company's sales went up by 24.8 per cent to 4,096 units from 3,282 units in the same period of 2012.
Automakers in India posted their worst growth in recent times in May 2011.
The country's largest carmaker Maruti Suzuki India (MSI) aims to sell 4-6 lakh CNG units in the current fiscal year depending upon supply situation of essential components, as per a senior company official. The company sold about 2.3 lakh CNG units in 2021-22. MSI currently sells nine of its 15 models with CNG powertrain and is looking to drive in more models with such technology in the coming days.
Bankers say loan demand was more muted this festival season than last year.
Leading the growth for Audi in India are the Audi Q3, new Audi Q5 and Audi Q7.
Compact segment sales rise 7.63%, mini segment registers 5.76% dip.
Car sales in the quarter were up 3.9 per cent at 3,60,402 units, the company said, adding that the exports were at 27,009 units.
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
The A3 segment (Swift Dzire and SX4 sedans) sales grew by 36.5 per cent to 8,995 units in January 2010.
Maruti Alto continues to be India's most preferred car with 2.87 new owners in 2012.
Maruti Udyog Ltd, India's biggest carmaker, has posted a 69.8 per cent rise in sales in July 2003, helped by a continued spurt in demand for the entry- level model 'Maruti-800'.
Williams Grand Prix Holdings (WGPH) published results for 2019 showing Formula One revenue slid to 95.4 million pounds ($117.6 million) in 2019, down from 130.7 million pounds the previous year.
Despite launching new cars and tweaking the existing ones, carmakers witnessed lower sales in 2012. Three of them have got their act together and planning to launch the machines that have potential to be the best car on the road.
Every three minutes, in some corner of the country, two Altos are being sold.
