Page 4 - Auto Makers

Honda Cars reports 12% rise in domestic sales at 6,055 units in Jul

Honda Cars India Ltd (HCIL) on Sunday reported a 12 year-on-year rise in domestic sales at 6,055 units for July. The company had sold 5,383 units in the domestic market during July 2020, HCIL said in a statement. Exports stood at 918 units last month, it added. "We achieved our production ramp-up from last week of July and have streamlined supplies in line with market activity. Barring few locations, dealer outlets were mostly operational last month, albeit with lesser capacity," HCIL Senior Vice-President and Director (Marketing & Sales) Rajesh Goel noted. He added that the market sentiment has improved amid prevailing lower coronavirus infection rate. "We expect the upcoming festive period will help the industry to maintain this momentum." However, the company will keep a closer watch on the challenges related to the pandemic and rising cost of acquisition of cars due to price hike from this month, he added.

Tata Motors plans to hike passenger vehicle prices from next week

The Mumbai-based auto major sells a range of passenger vehicles like Tiago, Nexon, Harrier and Safari in the domestic market.

Semi-conductor shortages: Why did Tata Motors' warning spook investors?

JLR acco­u­nts for half the company's global unit sales and nearly 80 per cent of its consolidated revenues

Fundamentals of demand remains strong: Y S Guleria of Honda Motorcycle

The head of sales at HMSI says with Covid-19 cases declining, good monsoon and bumper harvest, the sector might recover soon

Maruti Suzuki may halve production capacity as lockdowns hit sales

Maruti isn't the only carmaker feeling the pain

Huawei deepens dive into EVs, seeks control of small automaker: report

The push into smart cars, if finalised, would signal a major shift in business focus for Huawei

Porsche India reports 52% increase in sales at 154 units in Jan-Mar qtr

Porsche India also recorded the highest number of Macan SUVs sold in a quarter since 2015

Hyundai Q1 profit triples, to adjust May production due to chip shortage

Hyundai Q1 profit triples, to adjust May production due to chip shortage

Honda Cars recalls 77,954 units of some models to replace faulty fuel pumps

The firm started this exercise last year

Honda Motorcycle & Scooter sets up separate biz vertical for exports

The firm said it has set up an overseas business vertical to spearhead its exports from the country

Maruti logs highest ever sales of CNG cars at 157,000 units in FY21

Maruti Suzuki India (MSI) on Wednesday said it has sold over 1.57 lakh CNG cars in FY21, its highest ever in a fiscal. The auto major had sold 1,06,444 CNG units in 2019-20. MSI sells a range of factory-fitted CNG cars, including Alto, Celerio, Wagon-R, S-PRESSO, Eeco, Ertiga, Tour S and Super Carry. "We see CNG as a technology that has set a new benchmark in green fuel mobility. Maruti Suzuki offers its customers the widest options of factory- fitted CNG-powered cars. "At the same time, CNG is becoming one of the most preferred alternative fuels due to its economic cost of running (as compared to high prices of petrol and diesel) and improved CNG filling infrastructure," MSI Executive Director (Marketing & Sales) Shashank Srivastava said. With the government's clear focus on expansion of CNG outlets in the country, the company is confident of greater acceptance of factory-fitted CNG vehicles, even in challenging times, he added. MSI's S-CNG vehicle range is aligned to the ...

Top 5 best-selling car models from Maruti Suzuki stable in 2020-21

The country's largest carmaker Maruti Suzuki India on Tuesday said its models Swift, Baleno, WagonR, Alto and Dzire have emerged as best selling cars in 2020-21

Chinese tech giant Huawei to pump in $1 billion on car tech in 2021

Huawei is focusing on optimising its portfolio to boost business resilience

Home appliance, auto firms fear localised lockdowns will hit festive sales

Real estate companies remain optimistic on strong order book

Wait for car models gets longer as chip shortage deepens in industry

Car dealers are losing 20 per cent of their monthly sales as models can't be supplied on time, says industry association.

Auto components maker Rolex Rings Ltd submits IPO papers with Sebi

Auto-components maker Rolex Rings Ltd has filed preliminary papers with capital markets regulator Sebi to launch an initial share sale

Auto giant Tata Motors forays into company and economy ambulance segment

Tata Motors on Friday said it has launched a patient transport ambulance, designed specifically for healthcare mobility in the economy ambulance segment. The Magic Express ambulance is designed to support medical and health related services, which assumes significance especially during the COVID-19 pandemic, Tata Motors said in a statement. The compact dimensions of the vehicle enables easy manoeuvrability on Indian roads, resulting in speedy movement of patients requiring emergency care, thereby saving lives, it added. With the introduction of the Magic Express Ambulance, Tata Motors fulfils its commitment to provide the best healthcare mobility solutions. The company has been working closely with the medical fraternity to understand the requirements, and we have tailor-made a vehicle that perfectly ticks all the boxes when it comes to patient transportation," Tata Motors Vice President, Product Line (SCV & PU) Vinay Pathak said. With the introduction of the new segment, the ...

Maruti Suzuki Brezza crosses cumulative sales of 600,000 units in 5 yrs

The country's largest carmaker Maruti Suzuki (MSI) on Thursday said its compact SUV Vitara Brezza has crossed 6 lakh units cumulative sales mark since making its debut in the market five years ago. The auto major had introduced the model in March 2016. "The country's best-selling compact SUV has further strengthened its position as the market leader with the sales of six lakh units. This is a testimony of our customers' elevated support and love for the brand, especially in a segment which is traditionally diesel driven," MSI Executive Director (Marketing & Sales) Shashank Srivastava said in a statement. The model comes with a 1.5 litre petrol engine mated with five-speed manual and four-speed automatic transmissions.

Tata Motors total sales surge 51% at 61,365 units in February

The auto major reported a 21 per cent increase in total commercial vehicle sales

French auto maker Citroën's challenging debut in Indian SUV market

The success of the storied French car brand, which enters the crowded Indian SUV market next month, will depend on its agility and speed to market