New product launches by Mahindra, Hyundai, and Tata Motors are largely done with. For Maruti Suzuki, the product cycle has just started
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The auto major also plans to introduce more models in the SUV segment in the remaining part of the financial year.
The model, which comes with a personal AI assistant and first-in-segment Autonomous (Level 2) technology, would compete with the likes of Hyundai Creta, Kia Seltos and Skoda Kushaq.
The sub-four metre concept, which will make it eligible for reduced excise duty rate, will be the entry level model for Hyundai to complete its range in the SUV segment.
Only Manufacturer to Win Three Successive ICOTY Awards Achieves ...
Honda is all set to drive into the compact SUV segment with its new offering Honda BR-V. CNBC-TV18 gets you the first look.
In an interview to CNBC-TV18, Hitesh Goel of Kotak Institutional Equities analyses auto stock names like Tata Motors and M&M.
M&M has rechristened the Logan. The car will now be called the 'Verito', which means 'truth' in latin. This vehicle will now cost Rs 15,000 more than the earlier price. Pawan Goenka, President (Automotive sector) of M&M, spoke on the plans for this passenger car.