New car launches in the past six months have driven sales growth despite a hike in vehicle financing. In April, new launches accounted for 17 per cent of over all sales.
The new cars which have been launched in the last six months include the Zen Estilo from Maruti, Hyundai Getz diesel, Spark from General Motors, Logan from Mahindra Nissan and Fiat Palio Stile.
Business is growing fast and continues to draw investment, but making big bucks in a country smitten with small cars won't be easy.
A significant portion of the growth in June was propelled by new car launches, including Maruti's SX4, M&M's Logan and GM's Chevrolet Spark.
General Motors India on Wednesday launched three new cars in the Indian markets
Rajesh Karkera/Rediff.com got the chance to get behind the wheel of the KIA Seltos in rain-splattered Goa, and can't get over the experience.
Reliance on a single model begins at about 40% and goes up to 80 % in case of some companies
'Renault Sport Racing managing director Cyril Abiteboul told reporters that Ricciardo could be the spark needed to ignite the team on track'
Tata Engineering is to begin deliveries of its three box sedan Indigo from Saturday.
Dealers of Tata Motors in most parts of the country have stopped placing orders for this small car in the last three-four months and the showrooms are displaying contemporary models such as Tiago, Tigor, Hexa and Nexon.
Which were the five businesses Ratan Tata had great hopes for, but his successor failed to deliver?
Blablacars enables private cars to seek fellow passengers for inter-city commute.
With its SUV-style design and feature-packed interiors, the Kwid has many advantages, but Renault is taking no chances.
Roland Folger has told the ministries concerned that they are cutting India off from the rest of the world by making it a highly protected market, the Mercedes Benz India CEO & MD tells Ajay Modi.
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
Carmakers are gearing up to launch a number of thrilling cars within a year.
The most awaited car and bike biennial event turned out to be a grand success.
Honda will launch 4 cars in India soon.
The compact segment makes up for nearly 25 per cent of car sales in India.
Audi India launched the second generation 2016 Audi R8 at the show.
Few car like BMW-M series and Audi RS7 were most popular in 2014.
If carmakers don't explore innovations to improve safety, they could be relegated to the garbage heap by new players, says Indrajit Gupta
According to industry data, for two months, sale of the Zest (7,359 units) were higher than that of Amaze (6,792 units).
Renault says that one of the reasons why its sales look muted when compared to its peers is its limited reach.
Honda cars has strengthend market share in India in the past five years.
It's not easy to ignore the newspaper ads with Diwali offers.
In this industry, a company's strategy needs to be adaptable in order to keep up with the pace of change.