Page 10 - Carmakers

Honda begins export to left hand drive countries to boost India business

The firm said it has started exporting vehicles from India to left hand drive nations to strengthen its business here in the country

Ford to recall 3 million vehicles for air bags at $610 million cost

The recall includes 2.7 million US vehicles

Honda City tops mid-sized sedan segment in 2020 with sale of 21,826 units

Honda Cars India on Friday said its mid-sized sedan City led the segment last year with cumulative sales of 21,826 units

Commodity inflation for auto sector to be offset by price hikes

The automobiles sector is expected to face commodity cost inflation which will be offset by price hikes, lower discounts, cost cutting, and operating leverage

BMW India sales decrease 31% to 6,604 units in 2020 amid pandemic crisis

German carmaker BMW on Friday reported a 31.5 per cent dip in its sales at 6,604 units in India last year as the COVID-19 pandemic hit dispatches

Automaker forced to airlift raw material as container shortage bites

Companies halt production or pay 2-3 times extra to get slots in ships and containers

Maruti Suzuki's production rises 34% at 1,55,127 units in December

Maruti Suzuki India, the country's largest carmaker, on Wednesday said its total production in December 2020 increased 33.78 per cent

Toyota drives in new Fortuner in India with price starting at Rs 29.98 lakh

Toyota Kirloskar Motor (TKM) on Wednesday launched the new version of its premium SUV Fortuner

Tata Motors to re-launch flagship SUV Safari in a new avatar this month

The new Safari has been designed and developed to appeal to the new age SUV customers

French automaker Renault to unveil compact SUV Kiger on Jan 28

Renault on Tuesday said it will unveil its upcoming compact SUV Kiger in India later this month

FCA India to expand local product line-up with $250 mn investment

Automobile manufacturer FCA will expand local product line-up in India with an investment of over $250 million

Nissan to ramp up production, hire 1000 workers at Chennai car plant

Nissan plans to boost production to up to 4,000 cars a month from 2,700 cars currently

Hyundai Motor India starts export of all-new i20 premium hatchback

Hyundai Motor India Ltd (HMIL) on Monday said it has started exports of its all-new i20 premium hatchback

Ford unveils 2021 line-up of compact SUV EcoSport; starts at Rs 7.99 lakh

Ford India on Monday introduced the 2021 line-up of its compact SUV EcoSport with features such as sunroof in the Titanium Trim, enhanced connectivity features and an enhanced warranty at a starting price of Rs 7.99 lakh. The SUV comes in five trims -- Ambiente, Titanium, Titanium +, Trend and Sports, according to a release. The American car maker, which recently called off its proposed partnership with domestic auto major Mahindra & Mahindra, had rolled out the sub-4 meter SUV EcoSport first time in the Indian market in June 2013. Ford's product portfolio in India currently comprises six cars -- Figo, Freestyle, Aspire, EcoSport, Endeavour and Mustang. In the tradition of bringing what consumers want and value, we are happy to bolster the EcoSport line-up and make every variant compelling in terms of features and value, said Vinay Raina, executive director Marketing, Sales and Service at Ford India. With the new line-up, we have not just addressed the customer feedback on making

Auto sales take fast lane in Dec; carmakers see double-digit rise in sales

The country's largest passenger vehicle manufacturer sold 124,375 units in the year-ago period.

Nissan to hike prices of all vehicles in India by up to 5% from January

Japanese automaker Nissan on Wednesday said it will hike prices of its vehicles in India by up to 5 per cent across models from next month to offset increased costs. The revised prices will be applicable across all available models for Nissan and Datsun, effective January 2021, Nissan Motor India said in a statement. The company sells a range of mass market vehicles under the Datsun and Nissan brands, including Datsun Redi-Go, newly launched SUV Magnite and Kicks, with prices in the range of Rs 2.89 lakh to Rs 14.15 lakh. Commenting on the price hike, Nissan Motor India Managing Director Rakesh Srivastava said, "In the current challenging market conditions, we are constrained to increase the price of all Nissan and Datsun models due to increased costs. The proposed price increase will be effective from January 2021." Other automobile makers like Maruti Suzuki India, Renault India, Honda Cars, Mahindra & Mahindra, Ford India, Isuzu, BMW India, Audi India and Hero MotoCorp have ...

Hyundai expects demand surge to continue till March: MD & CEO S S Kim

Festive season demand drove four-wheeler and two-wheeler sales to a record high in October

Bonanza after curbs: India Inc goes all out to woo buyers amid Covid-19

Carmakers have joined hands with commercial banks and NBFCs and launched EMI schemes aimed at reducing the initial purchase cost and monthly outgo

Renault plans to cut 14,600 jobs worldwide in race to reduce costs

The measures round off a decisive week for Renault and its Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp., drawing a line under a two-decade era of aggressive expansion

Used cars could see an upswing after BS-VI switch despite sales slump

The used cars space is expected to reach 6.7 to 7.2 million cars per year and be valued at Rs 50,000 crore by FY22