Rising interest rates and anticipated launch of the Tata Nano has impacted the sales of entry level cars like the Maruti 800, and anlaysts expected the entry level market dynamics to change further post the Nano launch expected in the last quarter of the fiscal.
The innovations of the $2,500 car carry important lessons for Western executives
Rakesh Oberoi, a Tata Motors dealer, said he was getting hundreds of enquiries related to Nano everyday. Tata Motors was given over 950 acres of prime land by the state government at Pantnagar for setting up its manufacturing facility.
D Deve Gowda, the former prime minister of the country, is back in the news. And again, for wrong reasons. A 23-year-old man committed suicide after his car collided with Gowda's car, creating a stir in Bangalore.
The company's best selling hatch Alto would come at a discount of Rs 24,500, while Wagon-R petrol and LPG would come cheaper by Rs 45,000 and Rs 24,500 respectively. A discount of Rs 48,000 is being offered on Zen Estilo. The discount being offered across various models also includes finance payouts and exchange bonus apart from the customer offer.
In a bid to increase its sales from rural India, the country's largest car maker, Maruti Udyog Ltd, is offering over 2.1 million functionaries in panchayats (local self-governing bodies in villages) its cars at special discounts.
Jerusalem is flooded with imported cars, but except Benzion's Maruti, there is no trace of any other Indian car.
Consumers buying vehicles in exchange for old ones in the used car market (1.1 million cars) prefer to stick to small cars in the A compact segment rather than moving up to bigger mid-sized cars.
Maruti has offered discounts ranging from Rs 5,000 to 35,000 across various models. The discount is on Maruti 800, Omni, Alto, Esteem, Versa and on the petrol models of WagonR, Swift.
Import duty on a business jet is merely 3 per cent, on a yacht 10 per cent, but it's 60 per cent on cars and a mind-boggling 213 per cent on one's favourite tipple.
A powerful car bomb exploded just outside Panbazar police station in the heart of Guwahati at around 3.30 am on Sunday sending shivers down the spine of local residents.
India's handset market is very similar to that of cars. The high-tech PDAs correspond to the luxury cars and the good old Maruti 800 takes the place of the no-frills handset segment.
Delhi-based tractor maker Sonalika Group and Kolkata-based Global Automobiles have already announced their decision to take on the Tatas
Maruti cannot make a Rs 1 lakh car and the company engineers say it cannot be done, Maruti Suzuki India managing director and CEO Shinzo Nakanishi said.
Car maker Maruti Udyog Ltd on Tuesday reported a 11.10 per cent increase in domestic sales at 55,894 vehicles during October 2006 as compared to 50,308 vehicles in the year-ago period.
The company's exports during the month surged 59.6 per cent at 5,739 units compared to 3,596 units in August 2006, MUL said in a statement.
Leading carmaker Maruti Udyog Ltd has dominated the 2004 four-wheeler total customer satisfaction study conducted by market information provider TNS.
Maruti Udyog Ltd on Thursday reported a 27.24 per cent increase in domestic sales at 50,904 units in May this year as against 40,006 units in the same month last year.
Kabir Khan's '83 is an ode to a game changing chapter of Indian cricket history, pitch-perfect partnerships between openers and tail enders, knowing your mate's strengths as well as your own, seizing that one moment that defines the rest of your life, applauds Sukanya Verma.
Just like many in India's burgeoning middle class, Sasikala and her husband want the relative peace, privacy and safety of their own car.
Maruti Udyog on Monday reported a 17.5 per cent increase in domestic sales at 44,626 units during June 2006 as compared to 37,995 units in the same month last year.
India's biggest carmaker Maruti Udyog Ltd on Thursday announced an across-the-board price hike, though marginally by 0.38 per cent.
Maruti Udyog on Friday announced a 0.2-0.75 per cent hike in prices of its main models and variants with immediate effect.
Maruti Udyog Ltd on Tuesday slashed prices of two variants of one of its highest-selling cars, Alto by Rs 23,167 (ex-showroom Delhi).
Maruti Udyog Ltd, the country's biggest carmaker, on Wednesday said its sales jumped by 37 per cent during April-June 2003 to 90,698 units.
India's largest carmaker Maruti Udyog Ltd increased its market share to an impressive 60 per cent in May this year after a spurt in sales of its entry level Maruti 800 and premium small car WagonR.
'I was born a lower middle-class person, am one today and will die as one,' Billboard's International Power Player Devraj Sanyal tells Vanita Kohli-Khandekar.
A lowdown on what's going on in the Malayalam film industry.
The carmaker has sought 1,292 acres at Industrial Model Township, Sohna, 25km from Gurugram.
Seven people, including two police officers and a terrorist, were killed as the Punjab Police's elite Special Weapons and Tactics team and the Indian Army were carrying out a massive operation in the Gurdaspur district to flush out terrorists who went on a rampage attacking a bus and a police station complex.
This is the second deal between Peugeot and the C K Birla group. Last month, the two groups entered a "long-term" partnership, with an initial investment in capital expenditure of close to Rs 700 crore, for vehicle and power-train manufacturing in Tamil Nadu.
