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.
India wasn't applying widespread crash testing like foreign countries do, so manufacturers didn't see the need for an investment focus on safety. Customers rarely walked into showrooms asking for the safest car. They wanted the cheapest or the most fuel-efficient or the best-looking car.
Audi India launched the second generation 2016 Audi R8 at the show.
In less than two weeks, the 11th Auto Expo will start in New Delhi.
Leading carmakers Maruti Suzuki, Hyundai and Tata Motors reported robust dispatches to dealers in May on the back of strong demand for passenger vehicles across regions, even as the global semiconductor shortage continued to impact production. Mahindra & Mahindra, Kia India, Toyota Kirloskar Motor, Honda Cars and Skoda also witnessed strong demand for their models last month. The month of May also witnessed Tata Motors race ahead of Hyundai in terms of domestic wholesales.
'The post office sells Base Camp certificates that serve as proof you were indeed at the spot, if doubting Firdauses ranked among your friends for whom a simple selfie from the spot is not enough.'
Rising commodity costs, coupled with other marketing-related expenses, could weigh on profitability in the coming quarters.
Passenger vehicle majors like Hyundai, Tata Motors, M&M, Toyota Kirloskar and Honda on Wednesday reported growth in domestic sales in August riding on festive sentiments, although market leader Maruti Suzuki posted a decline amid a semiconductor shortage affecting the industry. The country's largest carmaker Maruti Suzuki India Ltd (MSIL) reported domestic sales at 110,080 units, as compared to 116,704 units in the same month last year, down 6 per cent. "Sales volume of the company in August 2021 was affected due to electronic components shortage.
For automakers, the festive season is about raking it in through ramped up sales and attractive consumer offers. However, despite the robust demand, what may spoil the party this year is a global shortage of semiconductors.
'If the minister does not resign, then it will be the darkest incident of Indian democracy where power prevailed over the people.'
The first leg of the 35-day festive period, which ended with Dussehra, failed to bring any cheer for auto companies. While makers of passenger vehicles struggled to meet demand due to the persistent shortage of semiconductors, a recovery in demand remained elusive for two-wheeler manufacturers despite offers and schemes. The overall season, which ends two days after Diwali, is unlikely to bring any turnaround in either the supply or the demand scenario, said dealers and officials at auto companies.
Close to 50 models were launched in India in the past 12 months, but companies have not been able to realise their potential due to the pandemic.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push dispatches to their respective retail partners. Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month as compared to the year-ago period, when dispatches were adversely impacted due to the impending transition to BSVI from April 2020 and the nationwide lockdown to contain the coronavirus pandemic. The country's largest carmaker Maruti Suzuki India said its domestic sales stood at 1,49,518 units last month. The auto major had reported sales of 76,976 units in March 2020.
What does one do when one day, out of the blue, one is told to go on a road trip to the Everest Base Camp?
Rediff.com's Rajesh Karkera takes in the best of Bhutan, a beautiful little kingdom that has bundles and bundles of goodness to offer.
Rediff.com's Rajesh Karkera made an 11-day road voyage across some of South Asia's most deserted, challenging, terrain, always under the gaze of the sacred, dazzling Himalaya.
'As you take in the moment, soak it in, freeze it in your consciousness, realise the power of simple, stark nature that stands before and above you in all its majesty, and wonder how to savour the moment, your reverie is broken by a voice next to you.' "Excuse me please, can you please take my photograph?"
Tigers may have been elusive, but just to have gone deep in the ferocious, yet magnificent big cat's home was an unforgettable experience, says Shubir Rishi/Rediff.com after a road trip to the Pench-Kanha-Tadoba national parks
'As the night wore on, we could hear insects, see fireflies and slowly, the stars took over the naked sky.' 'For those of us who spend the largest part of our lives in a cement jungle and wake up to machine sounds, this was music.'
'All those photographs I had seen before about Ladakh were not photoshopped.' 'Ladakh, truly, was nature's masterpiece.'