German luxury car maker Mercedes Benz on Friday said it will hike prices of its products across models by up to 10 per cent in India from next month.
Japanese auto major Nissan is recalling around 12,000 units of various models.
Volvo SX80, a luxury sedan car and Volvo XC90, a SUV, will be available in the Indian market with a starting price of Rs 3,800,000 ($ 93,160) for petrol variant and Rs 4,500,000 ($110,321) for the diesel variant.
It is expected to cost between Rs 8 lakh and Rs 10 lakh.
Zest buyers are forced to wait up to six weeks for the automated manual transmission version, available only on this car in the compact sedan segment.
Ford India, the Chennai-based automobile company of the US giant, said today that it has raised prices of all its models, except the Ikon, by as much as Rs 25,000 due to a strong surge in import costs recently.
BMW plans to launch its two-seater roadster 'Z4' in India in October. It has also sought regulatory approval for incorporating a finance subsidiary to serve the credit needs of retail customers, fleet owners and dealers.
The diesel variants of the C-Class will be available as completely built units.
Automobile manufacturer General Motors on Wednesday cut the price of its vehicles by up to Rs 30,500, following the government reducing excise duty.
The price of the company's premium hatchback Fusion has been reduced by Rs 18,500, Ford India said in a statement. Likewise the mid-sized sedan Fiesta's price was cut between Rs 21,000 and Rs 25,000, while that of sports-utility vehicle Endeavour has been reduced by Rs 47,000-Rs 54,000.
ActiveHybrid7 is a full-sized gas-electric luxury sedan, offered in the long wheelbase 740Li trim.
Japanese automobile company Mitsubishi Motors may launch a compact car in the B segment in the country. The car is expected to hit the roads in three years. Though Mitsubishi sells Pajero SUV and Lancer sedan in India, they have not generated adequate volumes for the Japanese automobile company. The compact car will take on Maruti Swift, Hyundai Getz, Skoda Fabia, Fiat Palio, Chevrolet U-VA and Ford Fusion
As other global car makers struggle in India to keep sales consistent, the Korean player has made a heady combination out of design, launches and localisation.
Maruti's Alto retained the best-selling model tag in January with 22,998 units as against 21,462 in January 2016.
The Baleno cars covered in the recall include 17,231 export units.
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 Audi Q5 range starts at Rs 38.29 lakh (Rs 3.83 million) for the 2.0 TFSI and Rs 44.19 lakh (Rs 4.42 million) for the 3.0 TDI.
Sanand plant exported 78,930 cars. The one at Chennai exported 79,539 units of EcoSport model
Car maker Honda Siel Cars India on Thursday launched the third generation model of its Sedan, City, priced between Rs 7.7 lakh and Rs 8.9 lakh (ex-showroom Delhi).
Luxury carmaker Mercedes-Benz launched an upper-end variant of its flagship luxury sedan E-Class in diesel version -- E350 -- making it the eighth of the planned 10 launches this year.
Sporting a compact four-cylinder, two-litre engine, this new sedan will be the smallest five-seater luxury saloon under the Jaguar brand.
When US celebrity magazine People and British weekly Hello! bought exclusive rights to the images for a hefty $14 million, they paid more than double the previous record of $6m, which was paid earlier this year for exclusive shots of singer/actress J-Lo's newly born twins. Pitt and Jolie have reportedly pledged to use the exorbitant $14 million pictures fee towards their foundation, which seeks to eradicate child poverty in the developing world.
German luxury car manufacturer Audi would launch its acclaimed sports car R8 in India in October-November as it seeks to build the brand in this market, a top official of Audi India said.
Central government has approved the proposal to buy Ford's Ikon Flair for institutional purchases. Ford India has entered into a tie-up with the Directorate General of Supplies and Disposals for this. The Ikon will be available to government departments at a special rate. Ford India had supplied its SUV Endeavour and sedan Fiesta to various government and public sector undertakings. Besides the Ikon, Ford India sells sedan Fiesta, compact car Fusion, SUV Endeavour in India.
Carmaker Honda Siel Cars India on Thursday launched an advanced version of its premium sedan Accord with a 3.5 litre i-VTEC engine, priced between Rs 24.8 lakh (Rs 2.48 million) and Rs 25.35 lakh (Rs 2.535 million), ex-showroom, Delhi.
The compact sedan Zest competes with the established brands like Maruti D'zire, Honda Amaze and Hyundai Xcent.
2016 has been the most important one for Renault in India, backed by strategic measures in all key biz dimensions.
A huge film industry with super-rich celebrities. Trendy restaurants and swanky clubs. Welcome to the new Mumbai.
Volkswagen has partnered with PCH Group and launched Passat Sedan in Bangalore.
If you want to be serious in India, you must not cross $3,000 in product cost.
Mahindra-Renault, a joint venture between Mahindra & Mahindra and Renault, plans to source engines from the French firm's proposed plant in Chennai as it looks to increase localisation of its sedan Logan.
The company, which is eyeing the top spot in the Indian luxury car segment, today unveiled its new 3 Series sedan, whose petrol version is priced between Rs 26.90 lakhs (Rs 2.69 million) and Rs 32.9 lakh or rs 3.29 million (ex-showroom), and the diesel variant between Rs 29.5 lakhs (Rs 2.95 million) and Rs 30.5 lakhs or Rs 3.05 million (ex-showroom).
Despite a general slowdown, Audi India has posted a dizzying growth figure of 123 per cent, selling 321 units in January-April 2008. All set to launch the new A4 sedan in July, Benoit Tiers, managing director, Audi India, tells Business Standard about the company's objectives.
Reeling under increasing input costs, especially steel, country's biggest car maker Maruti Suzuki India has hiked prices of its products across various models between Rs 1,000 and Rs 18,000. The company has hiked the price of its latest model Swift Dzire by Rs 18,000. It had launched the sedan with an introductory price ranging Rs 4.49 lakh and Rs 6 lakh across different variants.
Olympique Lyon needed a late long-range Juninho free kick to beat second division Sedan 1-0 on Wednesday and advance to the French Cup final.
A lowdown on what's happening in the Telugu film industry.
Overall, we feel that the Hyundai Elantra is a very good car for people who aren't into aggressive driving but for those who want refinement and comfort along with a long list of features and a pleasant driving experience.
The research firm ranked small car Chevrolet Spark as the leader in terms of quality in the compact car segment with a score of 127, mid-size sedan Chevrolet Aveo topped the midsize segment with a score of 109 while Chevrolet Optra (97) was ranked highest in the premium midsize segment, GM India said in a statement.
The discount offer comes on the back of Japanese giant Honda Siel Cars offering a substantial discount of Rs 800,000 on the Civic Hybrid. HSCI sold 235 Civic Hybrids, which carried a priced tag of Rs 14 lakhs (Rs 1.4 million) after the discount, in 10 days. The offer by Ford will run on the full range of variants of the car for a limited period of 10 days starting Wednesday.
"We are planning to bring Evo 10 to India through the completely built route (import). This may push the cars' end cost but the company has no plans to locally build the car yet. The response for the car (from the market) will decide whether it can be manufactured here or not," said a company executive on the condition of anonymity. Internationally, the car costs $30,473 (Rs 12 lakh) and $32,697 (Rs 13 lakh) for different variants.
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