Commerce and Industry Minister Piyush Goyal on Tuesday said the commencement of Maruti Suzuki India’s export of its sports utility vehicle Fronx to Japan has further strengthened the ‘Brand India’ image on the global stage. The first consignment of over 1,600 vehicles left for Japan from Gujarat’s Pipavav port, the country’s largest carmaker said in … Read more
Maruti Suzuki India on Tuesday said it has commenced export of its sports utility vehicle Fronx to Japan. The first consignment of over 1,600 vehicles left for Japan from Gujarat’s Pipavav port, the country’s largest carmaker said in a statement. Fronx will be the first SUV from Maruti Suzuki stable to be launched in Japan, … Read more
Maruti Suzuki, India’s largest passenger vehicle manufacturer, is transforming the industry with its groundbreaking startup initiative. This platform is dedicated to providing essential guidance and support to startups, enabling them to develop innovative solutions. Founded on a core philosophy of “innovate, collaborate and co-create”, Maruti Suzuki’s startup arm helps startups validate their ideas, progress from … Read more
New Delhi: India is set to host one of the largest mobility expositions in the world with as many as 28 automakers from homegrown Tata Motors to Maruti Suzuki, Japan’s Toyota Motor Corporation (TMC) and China’s BYD set to take the covers off a slew of vehicles, many in the electric vehicle segment, at the … Read more
Hyundai Creta has emerged as the best-selling SUV in India in July, surpassing Tata Punch, which had been the leader for several months. The Creta’s sales boost reflects a growing trend in the SUV market, highlighting its competitive edge over other models. Hyundai Creta Hyundai Creta maintained its upward trajectory in sales since its new … Read more
Maruti Suzuki on Wednesday announced that it will recall 2,555 Alto K10 vehicles for a possible defect in Steering Gear Box Assembly (“Part”). The said defect, in a rare case, may affect the vehicle steerability, as per the company’s statement on exchanges. “Out of abundant caution, customers of the affected vehicles are advised not to … Read more
ET Intelligence Group: Foreign investors are enhancing their exposure to the Indian automobile sector at a record pace, enthused by earnings that have exceeded consensus estimates, supported by lower raw material prices and an improved product mix.According to data from NSDL, foreign investor weightage in the auto sector reached a record 8.10% in July on … Read more
Mumbai: Sluggish sales and high dealer inventory have not stopped carmakers from gearing up for a major product offensive in the upcoming festival season. As many as 20 new passenger vehicle models – including 12 entirely new offerings – are set to hit Indian roads by October end, with automakers pinning their hopes on the … Read more
Hyundai, Kia Motors, Tata and Mahindra are lobbying India’s most populous state not to offer incentives for hybrid cars, saying the move – set to help rivals Toyota and Maruti Suzuki – would hit targets on adopting electric cars and investment plans. Four separate company letters to Uttar Pradesh, seen by Reuters, highlight the rivalry … Read more
India’s top three carmakers by sales, on Thursday, reported a drop in car sales to domestic dealers in July as pent-up demand from last year began to taper off. Hyundai Motor India’s sales to dealers dropped 3.3% in July, the first decline in the fiscal year that started in April. Tata Motors’ sales slid by … Read more
