Cars

Slowdown began showing up in Jan, though there has been some improvement in March second half

Japanese auto major Honda plans to launch at least one new model every year in India with a focus on premium products as it looks to get its business on track in the country. The company, which on Thursday introduced an updated version of its mid-size sedan -- City, plans to focus on products which are over Rs 10 lakh price tag powered by petrol and hybrid powertrains. The company, which is present in India through a wholly-owned subsidiary, plans to do away with diesel models in the country. In a press briefing, Honda Cars India President and CEO Takuya Tsumura said the company would focus on the Rs 10 lakh and above segment over the next few years. "In the passenger vehicle segment more than 40 per cent sales are coming from models priced over Rs 10 lakh. We expect this to grow more. Our focus would be on model introductions in over Rs 10 lakh segment," he noted. Tsumura said that for Honda models like Amaze and City, top trims currently contribute over 60 per cent of the sales.

At the retail level, too, the industry posted 9.6 per cent YoY growth

Car sales black, grey, blue, red, green, and gold rose by a few percentage points in 2022

Firm to accelerate shift in EV strategy

At present, the firm imports these cars as fully built-up units that attract 110% duty; local manufacturing would help reduce wait periods and boost sales

Cut in import duty from 252% to zero will put India in global business of car testing, says Mahendra Nath Pandey, minister of heavy industries

The company last year transported over 3.2 lakh vehicles using rail wagons, the highest in a calendar year since 2013 when the company got the Automobile Freight Train Operator (AFTO) license

Audi India has registered a 27 percent growth compared to the last year selling 4187 retail units in 2022

Data showed that passenger vehicle sales grew by 23 per cent in 2022 compared to the previous year to touch 3.79 million units

The South Korean automaker announced that it would invest Rs 2,000 crore over the next few years in the EV segment

Auto Expo 2023 India: The cars will have Level 2 ADAS that will have features like lane keep assist, forward collision warning, adaptive cruise control and traffic jam assist

Mahindra & Mahindra on Monday launched new versions of its sports utility vehicle Thar with price starting at Rs 9.99 lakh (ex-showroom). The new range includes rear wheel drive variants (without 4 wheel drive capability) in two engine options with manual and automatic transmissions, the auto major said in a statement. The two diesel-powered manual rear wheel drive trims are priced at Rs 9.99 lakh and Rs 10.99 lakh while the petrol automatic variant is tagged at Rs 13.49 lakh. The 4WD (4-wheel drive) range now comes with an advanced electronic brake locking differential, the company said. "To make our offering even better, we listened to our customers and engineered the new range of the Thar with important enhancements," Mahindra & Mahindra President, Automotive Division Veejay Nakra noted. By offering the new rear wheel drive variants, the company has made it much more accessible for probable customers, he added. "Our additions on the 4WD variant have been designed to please .

Maruti Suzuki India Ltd, the country's top carmaker, said on Friday it expected a shortage of electronic components to impact its production in December more than in recent months

Shift to UVs from sedans, vans, and small cars to drive the trend

Hatchbacks like WagonR and Alto have seen a decline during the past few years due to changing consumer preference

The cost of a 10-year motorcycle permit in the city-state hit a record S$12,801 ($8,984) this month according to data from the Land Transport Authority

Delhiites will soon get road tax concession if they buy new vehicles after scrapping old ones, with the Delhi government on Friday giving in-principle approval to the measure. The concession will range from eight per cent to 25 per cent of the tax amount. The government has decided to offer a maximum concession of 25 per cent in case of non-transport vehicles and 15 per cent in case of transport vehicles upon production of certificate of scrapping (certification of deposit) by new vehicle buyers. The policy will come into effect after final approval by the Delhi Lieutenant Governor and will promote scrapping and replacement of old polluting vehicles with new vehicles of upgraded fuel standards. The certificate of deposit' will be issued at the registered scrapping facilities of the government upon scrapping of old vehicles. For non-transport vehicles, the concession will range from eight per cent to 25 per cent based on cost of new vehicle and fuel type. The new vehicles registere