The company, which today launched its second electric scooter Praise priced at Rs 59,889, has set a target of selling 50,000 units in the next fiscal.
Various other automakers such as Tata Motors, Ford, Toyota, Honda and Skoda have also announced their decision to hike prices from early next year.
"Customers have appreciated the competitive price positioning of the Jeep Compass since launch. Effective January 1, 2018, prices will increase by 2-4 per cent, except for the entry level variant," FCA India President and Managing Director Kevin Flynn said in a statement.
A modified Maruti Suzuki Baleno was sold as a Mercedes A Class in Kerala finished with the signature Mercedes front grille, head lights, tail lights, alloys and logo complete with the AMG Badging
"The changing market conditions, rising input costs and various external economic factors have compelled us to consider the price increase," Mayank Pareek, President, Passenger Vehicle Business, Tata Motors said in a statement.
Domestic car sales were up 4.49 per cent to 1,81,395 units as against 1,73,607 units in November last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM). Motorcycle sales last month rose 23.25 per cent to 9,59,122 units as against 7,78,173 units a year earlier.
The interface is fairly simple and involves only a high-power charge feeding station at the bus terminal and the connection arm on the bus.
Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in November 2017 were at 40,845 units, an increase of 51 per cent over the same month last year, the company said in a statement.
Since the Indian market has a large play on auto ancillaries, we decided to create a portfolio of ancillary companies that are immune to EV disruption and/or beneficiaries of the advent of EV.
The 2019 Urus is Lamborghini's way of venturing into the SUV realm, which is a thing a lot of luxury sports car companies have been doing lately
Honda India overtook Honda Indonesia to become the largest volume contributor to Honda Motor Corporation in June 2016. And since then, it has not looked back.
Honda Cars India Ltd (HCIL) on Friday reported a 47.2 percent jump in its domestic sales at 11,819 units in November.
Royal Enfield, the two-wheeler division of Eicher Motors, on Friday reported 22 percent increase in total sales at 70,126 units in November.
The most powerful production vehicle by Porsche is a hatchback
Vehicle making companies who have decided against participating in the Auto Expo next year has ballooned more than four times compared to the previous edition of the biennial extravaganza. In the 2016 Auto Expo seven companies had opted out.
The company, which is a wholly-owned subsidiary of South Korea's Hyundai Motor Company (HMC), today rolled out its 5 millionth car for domestic market -- a next gen Verna, from its Chennai facility.
With the the government deciding to advance adoption of BS-VI fuel in Delhi NCT to April 1, 2018, the German luxury carmaker also said it is prepared to launch BS-VI products ahead of the original schedule.
In its report, the committee also mooted uniform standards for EV charging stations in India, which will enable electric vehicles of all models by different manufacturers to be charged at any station
The company sold 20,40,134 units of the Activa from April to October 2017, HMSI said in a statement.
Around 25 to 40 percent of the EV battery market and around 2/5th of the global battery demand could be captured through the 'Make in India' initiative
Toyota-owned luxury brand Lexus today unveiled its fourth model in India, the NX 300h, a compact hybrid SUV with prices expected to start at around Rs 60 lakh.
Three of the top five automakers - Maruti Suzuki, Tata Motors and Mahindra & Mahindra – have signaled that price revision could be on the cards if commodity costs do not ease out before end of this quarter.
Global sales of commercial vehicles and Tata Daewoo range stood at 37,400 units during the month, up 1.3 per cent compared to same period last year, Tata Motors said in a statement.
Car sales were down 5.32 per cent to 1,84,666 units last month as against 1,95,036 units in October last year, according to the data released by the Society of Indian Automobile Manufacturers (SIAM) today.
Automobile industry veteran and Maruti Suzuki Chairman RC Bhargava believes electric cars are necessary for India because we cannot continue to grow our requirements for crude oil, petrol, diesel