In what can be disheartening for auto companies such as Maruti Suzuki, Toyota and Honda, G20 Sherpa Amitabh Kant announced on Tuesday that the government will maintain a large duty differential between electric vehicles and hybrids to promote zero-emission technologies and green mobility in India. Speaking at an event organised by Mercedes-Benz Research and Development … Read more
New Delhi: Maruti Suzuki’s workhorse SUV Brezza raced past Hyundai Motor India’s Creta to occupy the top slot on the sales chart last month. Maruti Suzuki sold 19,190 units of the Brezza in August, ahead of Hyundai’s flagship SUV, Creta which sold around 16,760 units. While Creta slipped to the third spot in the best-selling … Read more
Top car companies including Maruti Suzuki, Hyundai, and Tata Motors have cut wholesale deliveries to dealerships due to subdued consumer demand compared to last year, leading to inventory accumulation, reported TOI. This reduction comes as the industry gears up for the festive season, starting with Ganesh Chaturthi. Meanwhile, companies like Kia and Toyota are increasing … Read more
The country’s largest carmaker Maruti Suzuki Monday said it is reducing prices of select variants of small cars Alto K10 and S-Presso by up to Rs 6,500 ahead of the festive season. While the company has slashed price of S-Presso LXI petrol by Rs 2,000, Alto K10 VXI petrol is now cheaper by Rs 6,500. … Read more
Maruti Suzuki on Monday announced a reduction in prices of select variants of two models amid the growing inventory concerns in the automobile industry and decline in sales. Effective from today, price of S-Presso LXI Petrol, originally priced at Rs 5.01 lakh (ex-showroom), has been reduced by Rs 2,000. Meanwhile, price of the Alto K10 … Read more
Sales of passenger vehicles in the local market declined for the second straight month in August, on a high base, and with carmakers reducing dispatches to rationalise stocks at dealerships. According to industry estimates around 350,000-355,000 cars, sedans and utility vehicles were dispatched from factories to dealerships last month, which is a decline of 1.7-3% … Read more
Maruti Suzuki India on Sunday reported a 4 per cent year-on-year decline in total sales in August at 1,81,782 units. The company had dispatched 1,89,082 units in the same month last year, Maruti Suzuki India (MSI) said in a statement. Total domestic passenger vehicle wholesales were at 1,43,075 units last month as compared with 1,56,114 … Read more
Once the driving force behind India’s automobile industry growth and then pushed to the sidelines by SUVs in recent years, small cars are set to make a strong comeback, say experts. A recent surge in two-wheeler sales is an indication of improving sentiment at the entry level of the personal mobility market, according to the … Read more
Hyundai Motor, long the most successful foreign automaker on Indian roads, is hoping to regain market share from increasingly formidable domestic rivals by launching a series of new SUVs as it gears up for a $3 billion public listing in the country. The SUV rollout will begin with its first India-made electric vehicle early next … Read more
Maruti Suzuki, Hyundai Motor India and Toyota Kirloskar Motor are among automakers gearing up to introduce more than half a dozen seven-seater utility vehicles over the next year to capitalise on surging demand for larger passenger vehicles, with buyers opting to travel more with families since the pandemic. While first of the block will be … Read more
