Mitsubishi Motors will be strengthening its position in the high growth sports utility vehicle market by launching the all-new Outlander in early 2008.
The base variant of Rio will be priced at Rs 5 lakh (Rs 500,000), making it 30 per cent cheaper than its nearest competitor and the launch will take place this month after Diwali.
'Our objective is to reach a localisation rate of 50% in the span of five years.'
The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL) was down 1.06 per cent in trade on margin pressures in Q1FY24, mixed market share outlook, and earnings impact due to the buyout of Suzuki Motor Gujarat. While MSIL has decided to terminate the contract manufacturing agreement and acquire Suzuki Motor Gujarat, the quantum of payment and mode (cash/equity swap) has not been decided. If the cash option is opted for, there would be a 3.5-4 per cent hit to MSIL's FY25 earnings per share as the deal is expected to be completed by the end of the current financial year.
Five persons were killed when a deputy superintendent of police lost control over his SUV near Pune on Monday evening, police said.
"The voting percentage is likely to go upwards when reports from all polling stations are obtained as polling is scheduled till 6 pm in many constituencies. Final figures will be known on Saturday after the scrutiny of form 17A," the EC said.
With Onam and Raksha Bandhan just around the corner, the festival season is ready to kick off in full swing. As people embrace the celebratory spirit, companies anticipate a surge in sales this year. Consumer durables firms are expecting strong growth of 40-50 per cent in the premium segment during the upcoming season. Appliance makers also foresee increased demand for cooling appliances - refrigerators and air conditioners - which were impacted by unseasonal rainfall.
In an interview to the Boston Globe, Watertown Police Chief Ed Deveau claimed that Dzhokhar ran over his brother on his stolen SUV when the police was about to handcuff and arrest him on Thursday night after exchange of fire. His autopsy report has not come in yet.
The carmaker is set to redefine SUVs with the all-new Scorpio N. Rajesh Karkera offers a peak.
Government policies and other uncertainties are holding it back from setting up a new diesel engine plant and launching more hybrids.
With Pant back in action, the Delhi Capitals can anticipate a boost in their batting prowess
"We are expecting to launch the high-premium SUV 'Outlander' by this year itself in the Indian market and it would be placed between Mitsubishi's Pajero and Montero," company's Executive Vice-President Y V S Vijay Kumar told reporters here on the sidelines of HM's tie-up with Pune-based Opulent Auto Care.
With increased consumer awareness and government support in place, it is the opportune time to enter the electric passenger vehicle segment, Mahindra Group Chairman Anand Mahindra said on Monday. With an eye on gaining leadership in the electric four-wheeler segment, the Indian auto major announced that it will launch five new electric Sports Utility Vehicles (SUVs) for both domestic and international markets, with the first four expected to hit the road between 2024 and 2026. The company would introduce the first of the five e-SUVs towards the end of 2024, starting with the Indian market.
The Renault Duster is available as a two-wheel drive model only, with a few interesting engine options.
Former MLA Ram Dayal Uikey, the BJP nominee from Pali-Tanakhar seat in Korba district, was present in the vehicle when the cash was seized from there, the police official said.
Right now, MPVs along with SUVs comprise about 15 per cent of the entire passenger car market in India.
The cess collected on cars as also tobacco and coal will be used to compensate the revenue loss of states by implementing GST.
Maruti Suzuki India (MSIL) does not anticipate growth in the small car segment because people continue to find these vehicles unaffordable, chairman R C Bhargava said on Wednesday. He said the market had clearly shifted towards the sport utility vehicle (SUV) segment and the company will go in the same direction. The domestic sales of utility vehicles jumped in India by 34.54 per cent to about 2 million units in FY23.
Several manufacturers such as Mahindra
Lamborghini has sold 10,112 cars worldwide -- so India's 100 is certainly a big deal for them. But how big a deal is it for us to peg our consumption theories around, asks Rama Bijapurkar.
The Mercedes G-class was developed as a military vehicle on suggestion by the Shah of Iran.
Legislators in Jammu and Kashmir will soon be travelling in brand new sports vehicles following the PDP-BJP government ordered 100 new Mahindra Scorpio S10 BS4s for them at a whopping cost of over Rs 11 crore.
Five policemen were injured on Saturday after a stationary police van was hit by a speeding sports utility vehicle in Mumbai's Powai suburb.
The Supreme Court on Monday said it may not be possible to direct the trial court to conduct day-to-day hearing in the 2021 Lakhimpur Kheri violence case, in which Union minister Ajay Kumar Mishra's son Ashish is among those facing prosecution, as it may affect other cases pending there.
Jayesh Prajapati, a Shell gas station attendant in Toronto, died after being struck by a vehicle on September 15.
The SUV segment is showing good momentum, enough to attract new players.
Let's take a closer look at this $1 million SUV.
It plans to recall another 700 EcoSport vehicles made between January and February 2016 and fitted with a 60/40 rear folding seat
The current Explorer and Explorer Sport Trac models are built at the companys Louisville assembly plant in Kentucky.
Indian Oil, which has an over 60 per cent share of fuel sales in Punjab, has observed a 14.18 per cent jump in diesel sales between January 1 and 17.
Garners 6,000 bookings on pre-launch and now has a two-month waiting period.
Audi Q3 not only has the looks of an SUV but offers better ride quality.
Sales growth of entry-level cars or hatchbacks like WagonR and Alto have seen a decline during the past few years due to changing consumer preference. Maruti Suzuki chairman R C Bhargava had on October 28 said that he does not expect hatchback unit sales to grow in the fourth quarter (Q4FY23) or in the next fiscal year.
The concept XA Alpha showcases the unified R&D of Suzuki Motor Corp and Maruti Suzuki India.
The arrest, the first of a sitting chief minister, came hours after the Delhi high court refused to grant protection to the AAP national convenor from any coercive action by the agency.
India's flagship motor show Auto Expo 2023 kicked off on Wednesday with the global unveiling of Suzuki Motor Corporation's concept electric SUV 'eVX' which is slated to hit the market by 2025. The company's Indian arm Maruti Suzuki India is among the major manufacturers participating in the show that has returned after three years. The Concept eVX is a mid-size electric SUV concept designed and developed by Suzuki Motor Corporation (SMC), Japan. It will be powered by a 60 kWh battery pack offering up to 550 km of driving range on single charge.
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The new SUV comes with a 3.0 litre D-4D diesel engine with five speed manual transmission.
Almost all of these companies either unveiled their new electric vehicle or alternative energy-powered models.
