This is the first time the company chose to reveal a concept car outside Europe and this is eloquent sign of it commitment to India.
German luxury car maker Mercedes-Benz is preparing to commence leasing vehicles to consumers in the Indian market by the end of this year. No other luxury car maker in the country currently offers vehicles on lease directly to customers.
Popular new models like Maruti Ciaz and Hyundai Elite i20 are reported to get dearer in a few days time.
Swedish car maker Volvo Car Corporation expects to sell 10,000 cars in India by the year 2010 and also plans to introduce S40 -- a small sedan in the domestic market in 2009.
Hyundai Motor India will raise prices of its entire product portfolio in the range of Rs 5,000 to Rs 25,000 from Jan 2015.
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
Renault Kwid is taking things one step further with the French automaker offering a product that is high on value and style.
Companies like Volkswagen, Renault, Jaguar, Mercedes et al are planning models against some successful existing ones.
Here's how the carmaker plans to cover lost ground.
The new car, which would come in four variants and two options, is priced between Rs 2.57 lakh and Rs 3.53 lakh.
On the back of a thriving domestic economy fuelled by an increasing appetite for consumption, global auto giant Mercedes-Benz is looking at developing a small car for the Indian market, a senior company executive said.
It is keen on electric cars as battery costs go down
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.
Driven by strong demand, the overall passenger vehicle dispatches crossed 3.35 lakh units in February as automakers, including Maruti Suzuki India, Hyundai, Tata Motors and Mahindra & Mahindra, reported robust sales during the month. The dispatches of more than 3.35 lakh units last month marked an 11 per cent over February 2022. It was also the highest ever overall wholesales in the month of February. The country's largest carmaker Maruti Suzuki India on Wednesday said its domestic wholesales rose 11 per cent to 155,114 units in February as compared with 140,035 units in the same month last year.
Maruti Suzuki will be launching 20 new products by 2020.
India has seen an exponential growth in the auto industry in the past decade or so.
US carmaker Ford Motor Co, which aims to enter the Indian small car market by 2010, plans to make the country a regional hub for exports, both for the cars and engines.
The Indian auto industry witnessed contrasting fortunes in the domestic sales of cars and motorcycles in August with the former continuing in the double digit growth path, while bikes slowed down to just 3.43 per cent.
This year too carmakers are geared up to pump in some fresh blood to their existing cars to keep them in the fray.
Mitsubishi Motor Corporation's plan to produce a volume-generating compact car from India has been indefinitely deferred for lack of funds and sliding demand.
The German auto major is also set to double its current production capacity in Chennai to meet the growing demand.
There was no sale of premium sedan Kizashi during the month.
Japanese car major Honda will be showcasing a series of new technology cars, including fuel-cell car 'Honda FCX' and hybrid car 'Honda Insight,' at the Auto Expo that kicks off in a few days in New Delhi.
During April, Maruti Suzuki India's domestic car sales were up 2.72 per cent at 86,481 units, as against 84,188 units in the same month last year.
Prototype for ultra low-cost car not ready, says Renault; getting out five other vehicles is priority for next year.
Maruti Suzuki has given Nexa franchises to only existing dealers.
For long-term financial security, millennials must not only provide social security for their young families but also ensure that their financial burdens are not passed down to their families, says Casparus Kromhout.
The first month of the new fiscal year saw a slight change in sales trends as market leader Maruti Suzuki saw a decline in sales of its popular models.
M&M is working on petrol engine while Tata is set to introduce petrol option in Bolt and Zest.
The entry level car, brainchild of Ratan Tata who envisaged giving a safer and affordable alternative to families riding on two-wheelers, received lacklustre response from the Indian consumer. Tata Motors to bid adieu to Nano from April 2020.
Honda Siel Cars India President and CEO Masahiro Takedagawa, in an interview with Business Standard, shares the company's India strategy, including the launch of hybrid technology (a first on Indian roads), small cars and outlook on diesel technology, an area where the company is losing ground to other auto majors. The company launched its 8th generation Accord today in Mumbai.
The Volvo C70 is the second generation convertible of C70 from the company, with a three-piece retractable hard-top that transforms the vehicle from coupe to convertible at the touch of a button.
Not just from the likes of Alibaba and Didi Chuxing, Indian startups saw a surge in Chinese funding from financial investors in 2019. This is a seven-fold jump from $459 million in 2016.
The Chennai plant has been co-developed by Renault and Nissan at an investment of Rs 4,500 crore (Rs 45 billion) with an annual capacity of 400,000 units.
Mercedes-Benz on Friday said it will announce the launch of a separate brand for pre-owned cars in December.
Five cars have stood the test of the time in India. They have continued to sell despite world's biggest automakers trying to beat them over years by introducing one exciting cars after the other.
According to figures released by the Society of Indian Automobile Manufacturers, passenger car exports in August were at 37,952 units, as against 40,901 units in the same month last year.
Ola Electric on Thursday teased five new electric motorcycles that the SoftBank-backed company is working on, announcing the range after selling electric scooters. The products are labelled cafe racer, an adventure tourer, a scrambler and a naked motorcycle. The motorcycles are expected to be launched next year and would include premium and mass-market versions, said sources.
the two segments would be able to push the company's market share in India to over 5 per cent in the next three years.
Domestic passenger car sales jumped by 39.48 per cent to 1,43,976 units in April. The figure for the corresponding month of the last year was 1,03,227 units.
