August auto sales numbers reveal that Toyota Innova, arguably the most successful and longest reigning people mover in India, may have finally met its match in the just launched Honda Mobilio. Powered by the scorching sales of Mobilio, Honda Cars India said its August sales nearly doubled to 16,758 cars in India. This was achieved […]
TVS Motor Company said August sales rose 46% compared to August last year. The growth is faster than what was seen in July, when sales had risen 32% year on year. Total sales during August 2014 was 227,482 units. In July, TVS Motor had sold 203,092 units a year ago. The numbers indicate a pick […]
India’s largest carmaker Maruti Suzuki India Ltd has said it won’t have to pay the Rs 4.7 bln fine imposed on it by the Competition Commission of India due to a Delhi High Court order. The competition commission had, in an order on Monday, found car manufactures to be indulging in anti competitive conduct and […]
Volkswagen India has launched Vento Konekt, whose speciality is the multitude of connectivity options in the car. Available on Comfortline and Highline variants of the Vento, the Konekt package includes a Blaupunkt infotainment system, with GPS navigation and hands-free, Bluetooth-enabled telephony. “Integrated into the centre console at the front, this high-end system features a high-resolution […]
BMW Group India will launch its hybrid petrol-electric limosine, the BMW ActiveHybrid 7 in India on 23 July at 12:30 pm in Gurgaon. The luxury limo has both an electric motor as well as a 3-liter petrol engine. Under easy conditions, the car will run entirely on electric power until the batteries run out, after […]
Ford India more than doubled its sales in May, selling 12,288 vehicles in combined domestic wholesales and exports, compared with 5,993 units sold in the corresponding period last year. The increase was largely the result of strong exports. The company exported 6,235 vehicles, against 1,991 units in the corresponding period last year. Domestic sales […]
Yamaha Motor India reported much better numbers for May than Bajaj Auto. Yamaha said May auto sales were 40% higher in India compared to a year ago. The company sold 47,680 units in May 2014 against 34,021 units sold in May last year in the domestic market. In the export markets, the company sold 19,440 […]
Honda Cars India Ltd reported a strong showing of 13,362 cars sold in India in May, up 18% compared to the previous year. Including exports, Honda India sold 13,880 cars in May, compared to just 11,342 in April. The May numbers were slightly better for Amaze, which has seen its numbers fall sharply after the […]
Honda Cars India will launch its upcoming, mid-sized Innova-rival, Mobilio, next month, the company said in a statement. In addition, Honda will also launch a new version of its big-size hatchback, the Jazz, in the coming months. The Mobilio will be a seven seater and is expected to give the Toyota Innova a run for […]
Maruti Suzuki, India’s largest car maker, reported a 19.2% increase in May auto sales, boosted by strong exports and a pickup in the sales of mid-range compact cars such as Swift and Ritz. Total sales in May was 1,00,925 units, out of which exports accounted for 10,365. Exports for May were up 51.2%. Domestic sales […]
Even as Toyota India reported a better than expected number for car sales, Mahindra & Mahindra reported a 19% decline in sales for passenger vehicle sales in May. Total May auto sales for Mahindra & Mahindra was down 13% at 37,869. The company, which makes the XUV 5oo — one of the most advanced passenger […]
Bajaj Auto Ltd reported a 4% jump in May 2014 auto sales compared to May 2013 due to a rise in the commercial vehicle sales. The company which gets about 11% of its volumes from commercial vehicles such as auto-rickshaws, had been having a tough time in the division. In May, the commercial vehicle division […]
After a bruising stand-off with workers, Toyota Kirloskar Motor bounced back in May, posting a 6% increase in vehicle sales compared to the same month a year ago. The jump was helped by the launch of its Etios Cross SUV and the new Corolla Altis. It may be noted that the Cross enters a segment […]
BMW India has arranged for a live telecast of the launch of the BMW X5, one of the first luxury SUVs to move from body on frame design to unibody design. Sachin Tendulkar, the cricketer, will unveil the model at Pune. The German carmaker has already launched the 3 GT and M6 models in India […]
Ford India said it has re-opened bookings for all variants of its most awarded, urban SUV Ford EcoSport. Ford India had stopped bookings for EcoSport after the waiting time got too long due to high demand. “With 50,000 EcoSports delivered, we have significantly reduced the waiting period and are pleased to extend the opportunity to […]
Maruti Suzuki India Limited today announced that it will replace ‘fuel filler necks’ of 103,311 vehicles (42,481 units of DZire, 47,237 units of Swift and 13,593 units of Ertiga) manufactured between 12th November 2013 and 4th February 2014. The move is limited to vehicles within the above specified range and does not pertain to any […]
March continued to be dominated by Honda, with Hero, Yamaha and TVS trying to play catch up. Sales growth in the scooter segment was 53%, while motorcycle growth was 57%. Market share increased to 28% while market share in domestic and exports combined was 26%. It saw the highest monthly and yearly sales in March […]
Initial findings from Gaadi.com’s quarterly report revealed that hatchbacks from Maruti and Hyundai topped the charts as the most preferred used car brands in Delhi with equally high demand and supply. Amongst the cars from Maruti, Wagon R and Swift emerged as clear winners followed by Alto. Amongst the Hyundai hatchbacks, Santro Xing led the […]
Indian economy continues to recover from a low hit in the third quarter of 2013, according to the latest Monster Employment Index that shows hiring activity. The index rose for the fifth straight month in February to 152, indicating that recruitment activity was 14% higher in February 2014 compared to February 2013. In comparison to […]
Indian passenger vehicle industry’s domestic volumes may likely decline by 6-7% in 2013-14 but grow by 2-3% in 2014-15, as demand weakness continues to impact not just the small car segment (that accounts for 55-60% of industry volumes), but also the UV segment that had shown robust growth in 2012-13, says ICRA in its latest […]
