car discounts and offers: Car buyers may finally get relief from rising prices and long delays soon. Get ready for era of discounts & offers. Here’s why

car discounts and offers: Car buyers may finally get relief from rising prices and long delays soon. Get ready for era of discounts & offers. Here’s why

After enduring delays in car deliveries due to production shortages and rapid growth during the Covid period, customers are now poised to benefit from a resurgence in the automotive market. The new financial year is expected to bring forth attractive discounts and offers, marking a shift from the era of frequent price hikes. Industry experts … Read more

4.2 million car sales may blast their way to record

4.2 million car sales may blast their way to record

New Delhi: India’s car industry is on track for a record-breaking year, with sales expected to touch about 4.23 million vehicles, buoyed by a double-digit sales surge this month. The robust performance would cement India’s position as the world’s third-largest passenger vehicle market, staying ahead of Japan for the second year in a row. As … Read more

Maruti Suzuki: Maruti to broaden portfolio as hybrids outsell EVs: Shashank Srivastava

Maruti Suzuki: Maruti to broaden portfolio as hybrids outsell EVs: Shashank Srivastava

Shashank Srivastava, Senior Executive Officer (Marketing and Sales), Maruti Suzuki India Ltd, says: “We could expect the month to end around the 375,000 mark for the industry, that should be about 11% growth over last year. March being the last month of the financial year, we are expecting industry sales to be about 42,35,000 or … Read more

Volkswagen to bring more premium vehicles to India

Volkswagen to bring more premium vehicles to India

Jaipur: Rapid growth in the highway network, along with an increase in the spending power of consumers, is pushing up sales of vehicles in India, German automaker Volkswagen’s executive director, international sales, Michael Mayer, told ET. The company, he said, is invested in bringing more premium vehicles to strengthen its presence in this market. India … Read more

F&O stocks to buy today: 9 short-term trading ideas by experts for 20 March, 2024

F&O stocks to buy today: 9 short-term trading ideas by experts for 20 March, 2024

Indian headline indices ended with sharp cuts on Tuesday amid selling pressure in all sectors. The worst hit were FMCG, IT and energy. While The S&P BSE Sensex settled at 72,012.05, lower by 736.37 points or 1.01%, the broader Nifty closed at 21,817.45, down by 238.25 points or 1.08%. India VIX, a measure of volatility … Read more

disposable income: Rising disposable income giving a thrust to connected cars in India

disposable income: Rising disposable income giving a thrust to connected cars in India

Connected cars are becoming the mainstream choice for many new car buyers in India fuelled by rising disposable incomes and an influx of new models. Such cars, which have embedded chips allowing internet access, enabling drivers to transmit, store and receive information collected via sensors – currently make up as much as 30% of all … Read more

Citroen: Citroen revamping India strategy to boost sluggish sales

Citroen: Citroen revamping India strategy to boost sluggish sales

French automaker Citroen is revamping its strategy to boost its sluggish car sales in India. A relatively new entrant to the Indian car market, Citroen plans to upgrade its entire portfolio, expand sales and service network by over threefold, and launch a new vehicle over the next one year, Aditya Jairaj, managing director and CEO, … Read more

PM Modi flags off India’s first automobile in-plant Railway siding project

PM Modi flags off India’s first automobile in-plant Railway siding project

Prime Minister Narendra Modi on Tuesday inaugurated India’s first automobile in-plant railway siding project of Maruti Suzuki India at its plant in Hansalpur, Gujarat. During his Gujarat trip, Modi also laid the foundation stone for railway projects worth ₹85,000 crore, including the launch of 10 new Vande Bharat trains. Maruti Suzuki is looking to increasingly … Read more

Better supply and demand drive PV sales to new monthly record

Better supply and demand drive PV sales to new monthly record

Passenger vehicle sales in India reached a new high for February last month amid better supplies and strong consumer demand, making it the fourteenth straight month of best monthly sales, data from industry body Society of Indian Automobile Manufacturers (Siam) showed. Two-wheeler sales zoomed 35% on year, but fell short of the monthly record set … Read more

Maruti Suzuki looking at transporting more vehicles via railways to cut down costs and reduce emissions

Maruti Suzuki looking at transporting more vehicles via railways to cut down costs and reduce emissions

The country’s leading carmaker Maruti Suzuki is looking at transporting more vehicles it makes via railways to cut down costs and reduce emissions in line with the government’s push towards clean mobile solutions. The company, along with joint-venture partners, has invested over Rs 1081 crore to commission the country’s first in-plant railway siding at its … Read more