Six current and planned models face the axe, including electric XJ saloon
First off the block will be a new multi-purpose vehicle (MPV) which is being co-developed with Toyota - Suzuki's alliance partner. The model will also wear a Toyota badge
TVS Motor Company said its premium motorcycle brand Apache has crossed 4 million sales mark across domestic and international markets
The company had produced a total of 1,32,199 units in the same month last year, Maruti Suzuki India (MSI) said in a regulatory filing
The problems: taxation system favours smaller cars, expat CEOs don't always understand business landscape
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Two-wheeler maker Yamaha Motor India on Tuesday said it expects sales to remain strong during the festive season having already witnessed growth in offtakes in the last three months
Of late, government policies for the automobile sector have been in the news more for dissuading existing players than encouraging them to invest more
Here's a selection of Business Standard opinion pieces for the day
This despite the installed capacity in Chennai being just about half that of Beijing
Revenue break-up of car makers also suggests that buyers are now changing their cars less frequently, compared to the past
Recovery seen in auto sales in the past couple of months is not a sustainable one and there is a question mark on how the industry would fare next year as the sector is hugely linked to the economy
South Korean automaker Kia Motors is vying for the top slot in the high selling entry-level, mid-SUV segments in India with Seltos and Sonet generating robust volumes for the company, according to a senior company official. The company, which reported its highest-ever retail sales in the country in September, has already raced to number one position in the sub-four meter compact SUV segment last month with its newly launched model Sonet dominating the segment. Kia sold 9,266 units of Sonet in September thus getting the better of the likes of Hyundai Venue and Maruti Suzuki Vitara Brezza. Similarly, it sold 9,079 units of Seltos last month to take the second spot behind Hyundai Creta which sold 12,325 units. "We are now present in both SUV low and mid segments with Sonet and Seltos and we would be market leaders in both of them," Kia Motors India Vice-President & Head Marketing and Sales Manohar Bhat told PTI. Both the models are high on design and features and come with wide range
Motorcycle maker Royal Enfield on Friday reported a 1% increase in its total sales at 60,041 units in September
The country's largest carmaker Maruti Suzuki India (MSI) on Thursday reported a 30.8% increase in total sales at 160,442 units in September
MG Motor India on Thursday said it has recorded 2.72 per cent decline in its September retail sales at 2,537 units
Bajaj Auto on Thursday reported a 10 per cent increase in its total vehicle sales at 4,41,306 units in September.
Illustrative action in key economic areas
BEIJING (Reuters) - Great Wall Motor <601633.SS> aims to boost overseas sales this year, an official at China's top pickup truck maker said on Saturday, helping to ease an overall drop caused by COVID-19.
China's auto sales rose 11.6% in August from a year earlier, the fifth straight rise after plunging on coronavirus lockdowns