Page 6 - Automobile Makers

Isuzu Motors India to increase prices of pick-up range from January

Utility vehicle maker Isuzu Motors India on Monday said it will hike prices of its pick-up range - D-MAX Regular Cab and D-MAX S-CAB - from January 1 to offset increasing input and distribution costs. The increase is expected to be approximately Rs 10,000 from the current ex-showroom price, the company said in a statement. Isuzu Motors India currently sells its D-MAX Regular Cab with prices starting from Rs 8.64 lakh and D-MAX S-CAB with starting price of Rs 10.62 lakh (ex-showroom Mumbai). "The increase in price is due to the increasing input and distribution costs," the company said in the statement. German luxury carmaker BMW too on Monday said it will increase prices of its entire model range in India by up to 2 per cent from next month. Rival Audi has already announced a price increase of up to 2 per cent across its entire model range, effective from January 1. Other automobile makers, including Maruti Suzuki India, Renault India, Honda Cars, Mahindra & Mahindra and Ford ...

BMW to increase vehicle prices in India by up to 2% from January

This applies to BMW's entire model range in India

UK-based Triumph plans to launch 9 new bike models in India during Jan-Jun

Triumph Motorcycles has an aggressive product pipeline for India market in the next six months with nine new bike models, including special editions, slated for launch, a top company executive said

Passenger vehicle retail sales dip 9% in October on supply woes: FADA

Automobile dealers' body FADA said passenger vehicle retail sales in October witnessed a year-on-year decline of 8.8% to 249,860 units, as registrations slowed down owing to supply issues

Hyundai's Chennai factory made more cars than China unit in 2019

This despite the installed capacity in Chennai being just about half that of Beijing

Harley to GM, India's auto market remains elusive for most global firms

Over the last three years, at least three global brands - Harley-Davidson, being the latest - were forced either to exit or scale down their operations

Covid-19 relief: Auto industry organises 7.5 mn face masks, 90,000 PPE kits

The industry has set up production capacities to arrange 60,000-plus ventilators and over 1,700 beds

Top 10 biz headlines: Next stimulus package, weak auto sales and more

Business Standard brings you top 10 business headlines of the day

Tamil Nadu industries resume production, slow and steady

Automobile companies use half of their workforce and ensure social distancing as lockdown is eased

Amid slowdown, Icra maintains negative outlook on passenger vehicle, CV

There was a sharp divergence in retail demand growth and wholesale despatches during the first half of FY20 as focus was towards reducing inventory level, Icra said

Auto sales in August to be 'far worse' than July, analysts expect 30% fall

At present, the sector has been impacted by a consumption slowdown which is a culmination of several factors like high GST rates, farm distress, stagnant wages and liquidity constraints

Govt has done its bit, now industry must create demand: BMW Group India CEO

India is not a short-term story and we believe in its long-term growth, said BMW Group India CEO

Auto sector gets a breather as FM announces measures to boost demand

Resumption of car purchase by govt departments, increase in depreciation to 30% may boost sales

Govt's reform push: FPI surcharge rolled back, banks get Rs 70,000 cr

Finance Minister Nirmala Sitharaman's measures come after the government was criticised for failing to stem a rout in local equity markets and a slowdown in demand.

Bumpy road ahead: Automakers to face a long winter if govt doesn't act

What dismays automakers the most is the government's failure to take measures to kick-start growth

Amid slowing sales, carmakers fear fee hike will further dent demand

The draft notification proposes to increase the registration fees from Rs 1,500 to Rs 20,000 for new M&HCVs and from Rs 1,500 to Rs 40,000 for renewals

The car industry is actually reinventing the wheel to keep up with robocars

Yet it's more than just tires that are being changed. Auto firms are putting semiconductors and sensors inside headlights, glass and seats to make them as intelligent as the cars driving themselves

January 2018 brings cheer to auto makers, Hyundai sees 8.3% growth

Maruti Suzuki India Ltd last month logged 4.8 per cent volume growth compared to January 2017

Automakers largely absorb the currency impact

Exchange risk management & natural hedges offset part of pressure

Confusion over Supreme Court order on diesel vehicles in Delhi

Government, green groups oppose aspects of order that are yet to be deliberated upon by the court