Royal Enfield, the country’s largest maker of mid-sized motorcycles, said it has cut down on the waiting period on most of its motorcycle models, and promised to keep the excitement going as it deals with new competitors like Jawa. The comments by Siddhartha Lal, CEO of Eicher Motors comes in the context of the impending […]
Jawa, the retro motorcycle brand from Mahindra & Mahindra, has opened showrooms in many cities, indicating that the launch will happen within one month. Kerala, as the biggest market for such bikes, has seen the opening of several such showrooms in the last few days, including one in Kochi (see above) and another in Trivandrum. […]
The introduction of BS-VI fuel standard a year from now is expected to make small diesel engines too expensive to be of practical use and push the market for smaller vehicles towards petrol, CNG and electric vehicles, automaker Mahindra & Mahindra said. Managing Director Pawan Goenka said the share of diesel engines in cars has […]
Consumers planning to purchase a vehicle towards the end of this year may consider postponing their purchase as automakers may offer big discounts in February and March in an attempt to flush out old stock ahead of the shift to BS-VI fuel standards. According to a judgement by the Supreme Court, no automaker can sell […]
Mahindra Jawa, the reincarnation of an old Polish motorcycle popular in the 1960s through the 80s, has been sold out till September 2019, company officials said, promising that the bike will be launched “soon”. “We are sold out till September 2019 based on the production capacity we have planned and the bookings we have had,” […]
As muted consumer sentiments continued in January 2019, Tata Motors Commercial and Passenger Vehicles Business sales in the domestic market witnessed a drop of 8% at 54,915 units as against 59,441 units sold over last year. The cumulative sales for the domestic market (April 2018 -January 2019) grew by 21% with 552,887 units as compared […]
Maruti Suzuki India Limited (MSIL) said it will set up Japan-India Institute for Manufacturing (JIM), a model ITI, at Uncha Majra village in Gurugram district. JIM Uchamajra expected to start its first session by August 2019, will be the first in Haryana. Maruti Suzuki will initially invest over 7 crores to set up the JIM. […]
Maruti Suzuki said it has opened booking for Baleno 2019 edition. The car, which falls into the mid-range hatchback category, can be booked at any NEXA showroom by paying Rs 11,000. Just days ago, Maruti Suzuki had opened booking for the new WagonR. Baleno is targeted at customers who want something a little more ‘premium’ […]
Maruti Suzuki said it has opened booking for its WagonR 2019. Customers can book the car by paying Rs 11,000 at any of the company’s dealer showrooms across India or via the company’s website. The car is expected to be officially unveiled on January 23, even though the company did not reveal the launch date. […]
Following the intimation given last month, Maruti Suzuki increased the prices of its cars by up to Rs 10,000 with effect from today. The price change is applicable “for select models owing to increase in commodity prices and foreign exchange rates etc,” said the automaker, which accounts for about 50% of the cars sold in […]
SUV maker Mahindra & Mahindra Ltd, which is feeling the heat from India’s bigger car maker Maruti Suzuki, has announced its latest offering — the five-seater XUV300 — to take on Vitara Brezza, India’s largest selling SUV. The model will be launched in the 1st half of February 2019, Mahindra said. The XUV300 belongs to […]
Indian auto maker Mahindra & Mahindra said it has agreed to increase its voting rights in Scandinavian farm equipment maker Sempo to 49.04% from 35% by acquiring shares and convertible instruments at a cost of 4.66 mln euros, or around Rs 37.74 cr. Sempo, founded in 1853 in Finland, had revenue of around 52 mln […]
The Tata Motors said global wholesales for the group for the month of November 2018, including Jaguar Land Rover, fell 7% on year to 104,964. Within this, commercial vehicle numbers fell by 6% and passenger vehicle numbers by 7%. Total CV wholesales, including Tata Daewoo, were at 38,535 nos. Passenger vehicles sales were at 66,429, […]
With rising fuel prices, sales of CNG models are on track to jump 54% this year at India’s biggest car maker, Maruti Suzuki. The company has sold 7.66 lakh units of CNG vehicles in the first eight months of the year, more than the 7.46 lakh vehicles sold in the whole of last year. At […]
Jaguar Land Rover reported an 8% decline in its November retail sales, reflecting what the premium auto-maker called “continuing challenging market conditions in China”. Sales in China were down 50.7% as “market conditions remain difficult with continuing consumer uncertainty following tariff changes and trade concerns.” The company said it was “focused on taking all the […]
Maruti Suzuki, India’s largest car maker, said it will increase car prices next month due to increased costs. “Over the past year, the cost of company’s vehicles has been impacted adversely due to increase in commodity prices and foreign exchange rates, etc. “Hence, it has become imperative for the Company to pass on some impact […]
Mahindra First Choice Services, the servicing arm of Mahindra & Mahindra, said it has agreed to acquire the assets of bankrupt auto-service chain Carnation Auto (India). The company did not disclose the exact number of service centers that will accrue through the deal, but said the acquisition will “add significantly” to its current network of […]
TVS Motor Co emerged as a strong performer in November, with a 28% jump in domestic two-wheeler sales volumes. This was far higher than the 0.8% jump shown by market leader Hero MotoCorp. TVS’ two-wheeler exports too jumped 24% during the month, taking the overall two-wheeler sales growth to 26% for the month of November. […]
Bajaj Auto reported a 45% jump in two-wheeler sales in India in November, while overall sales of two-wheelers and three-wheelers, including exports, were up 25%. India two-wheeler sales jumped to 2.05 lakh in November from 1.42 lakh last year. However, compared to October, sales were down from 2.82 lakh. Nevertheless, the performance is better than […]
Hero MotoCorp reported only a modest increase in November sales, after two months of record-setting performance. Overall two-wheeler sales came in at 6.10 lakhs in November, up from 6.05 lakh in the same month last year. In percentage terms, the increase is less than 1% (0.8% to be precise), despite it being a festival month. Compared […]
