January 19, 2017 12:46 PM IST As automobile industry came to terms with the aftereffects of demonetisation, 10 passenger car brands including the likes of Maruti Suzuki‘s Swift, Hyundai's Grand i10 and Renault's Kwid showed resilience in November and December.
January 16, 2017 11:13 AM IST After making merry in 2016 car makers ranging from budget king Maruti Suzuki to luxury leader Mercedes-Benz to sports car maker Porsche are leaving no stone unturned to lure new customers with a plethora of new launches.
January 03, 2017 10:02 AM IST Decoding the auto sector‘s performance in December, Nitesh Sharma of Phillip Capital said there was a sharp hit in demand in segments where the cash component of purchases is higher. Segments such as two-wheeler and SUVs saw a higher impact, he said.
December 29, 2016 12:11 PM IST Everybody is now going for finance with very few choosing cheque or an online option. People are now scared that making any down payment, even if it is cheque, could attract scrutiny of the income tax department, says an auto dealer
December 15, 2016 12:22 PM IST "The rising inflation coupled with rising input costs and increasing forex rates have been exerting significant pressure on the bottom line," Mercedes Benz India said in a statement.
December 09, 2016 10:57 AM IST All major players – Maruti, Hyundai, M&M and Honda – will close manufacturing units this month and next month. While insiders are blaming demonetisation for the extended shutdown, Maruti and Hyundai have said it is as per previous plans, mentions a report in The Economic Times.
December 06, 2016 09:17 AM IST Car companies have announced discounts in the range of 10-20 percent in December to stabilise the weak demand caused mainly due to the government‘s demonetisation move.
November 19, 2016 02:00 PM IST In this episode of Overdrive, Rohit Paradkar drives Hyundai‘s attractive mid-sized sedan - Tucson. Watch accompanying videos for more details.
November 14, 2016 05:40 PM IST Hyundai Motor India plans to launch an entry level SUV in the first half of 2019 as it looks to strengthen its presence in the fast growing segment.
October 29, 2016 09:52 AM IST Likewise, Hyundai Motor India Ltd (HMIL) also reported good sales on Dhanteras, considered auspicious for making new purchases.
October 16, 2016 12:36 PM IST Passenger vehicle exports from India grew 15.38 percent in the first half of the ongoing fiscal with US auto majors Ford and General Motors emerging as surprise packages leading the charge, while their Korean and Japanese peers struggled to maintain momentum.
September 26, 2016 04:02 PM IST Nearly 50,000 workers at Hyundai Motor's three plants across the country -- including the main one in the southern city of Ulsan -- walked off the job throughout Monday, said a spokesman for its labour union.
September 16, 2016 09:14 AM IST The recall came after pressure from the National Highway Traffic Safety Administration.
August 28, 2016 02:04 PM IST Maruti Suzuki India has maintained its leadership position in the country's passenger vehicle (PV) market in July with seven of its models featuring in the top 10 selling brands last month, including recently launched compact SUV Vitara Brezza.
August 10, 2016 11:24 AM IST According to figures released by the Society of Indian Automobile Manufacturers (SIAM) today, motorcycle sales in the country rose 10.98 percent during the month to 8,97,092 units from 8,08,332 units in the corresponding month last year.
August 02, 2016 01:46 PM IST The environment ministry said most of the models had been showcased for sale until recently, and added that the problem vehicles had fabricated documents for emissions and noise-level tests.
July 29, 2016 03:33 PM IST CNBC-TV18 learns that carmakers are against the protectionist MIP on certain high-grade steel products. Infact, they have written to the steel ministry, urging them to discontinue it. They believe that if the MIP is extended, it will lead to an escalation in prices of imports.
July 04, 2016 12:37 PM IST Maruti Suzuki's domestic volumes at 92,100 were down around 10 percent YoY, below the estimate of 97,000. Overall volumes were down around 14 percent YoY due to production losses because of plant shutdown and fire at supplier‘s plant.
July 01, 2016 02:04 PM IST The brokerage house, in a report, says that Maruti‘s new launches like Baleno and Vitara Brezza continue to strengthen in comparison to its competitors. Volume growth for Vitara is likely to continue.
June 07, 2016 12:54 PM IST Datsun redi-GO will compete with the likes of Maruti Suzuki Alto and Hyundai's Eon, which are priced between Rs 2.5 lakh and Rs 4.42 lakh.
June 06, 2016 08:54 AM IST Major car makers like Hyundai and Honda are re-working their strategy to meet the demand for more petrol vehicles.
May 12, 2016 11:57 AM IST Hyundai Motor India Ltd, the country’s leading premium vehicle manufacturer and the largest passenger car exporter, today announced Lucky ...
May 10, 2016 09:27 AM IST Hyundai has been compelled to rethink its debut in the MPV segment as customers increasingly opt for stylish and sporty compact sports utility vehicles (SUVs), particularly those which straddle in the same price bracket and offer similar seating ergonomics as MPVs.
May 07, 2016 10:03 AM IST Hyundai Motor India Limited’s Managing Director Mr. Young Key Koo, at the commencement of the 20th Foundation Day celebrations of ...
May 07, 2016 10:03 AM IST Hyundai Motor India Limited’s Managing Director Mr. Young Key Koo, at the commencement of the 20th Foundation Day celebrations of ...
