Firm kick-starts feasibility study on a pure electric model
The deliveries of XUV400 are scheduled to begin from the end of January next year
Leading automobile manufacturer Maruti Suzuki will consider the SUV segment as a key area to lift its overall market share in the country, a senior company official said on Wednesday. Presently, the company's overall market share is under 45 per cent and the target is to lift it to 50 per cent. Senior Executive Director of Maruti Suzuki Shashank Srivastava told reporters here that in the non-SUV segment, the company has a market share of more than 65 per cent while in the SUV segment is not big. The company's basic objective is to lift the overall market share to 50 per cent. Srivastava said "SUV is the largest and fastest growing segment and Maruti must have a good market share in this. In the entry level SUV segment, Maruti's share is 20 per cent of the 6.6 lakh cars which is being sold annually. But Maruti does not have a car in the mid-SUV segment whose size is 5.5 lakh." The official said although Maruti is a market leader in the entry-SUV segment, it has no presence in the ..
BYD has been selling the E6 MPV in the Indian market since 2021. Since its launch last year, BYD has sold 400 units of the E6
According to leaked images, the upcoming Tata Motors SUV may come with minor exterior upgrades and new features
Hyundai and Kia are telling owners of some of their large SUVs to park them outdoors and away from buildings after a series of fires involving trailer hitch wiring. The Korean automakers are recalling more than 281,000 vehicles in the US because of the problem, but they haven't figured out how to fix it yet. The automakers reported 25 fires or melting incidents in the US and Canada caused by the problem, but no crashes or injuries. The recalls cover more than 245,000 Hyundai Palisade and over 36,000 Kia Telluride SUVs from the 2020 through 2022 model years. In documents posted on Tuesday by the US National Highway Traffic Safety Administration, the companies said debris and moisture can accumulate in a circuit board in the tow hitch wiring. That can cause an electrical short, which can lead to a fire. Hyundai said that dealers will inspect the wiring and remove a fuse as an interim repair. Kia doesn't have an interim repair. The companies say a final repair is being developed. In
A large section of customers still prefer hatchbacks despite sales growth of SUVs and Maruti Suzuki India feels the need to keep the small car segment 'energised' with new products, company MD & CEO Hisashi Takeuchi said on Thursday. The company, which on Thursday launched the all-new version of its small car Alto K10 with a price range of Rs 3.99- 5.83 lakh (ex-showroom), will continue to focus on all segments, including the entry-segment, even as it brings more technology and feature-packed products. "India is a vast country with a diverse demography. Just like cuisine and culture, customer requirements and preferences also change from place to place... While SUVs have definitely gained popularity in recent times, a large section of customers still prefer hatchbacks," Takeuchi said. He further said in last fiscal year, the Indian passenger vehicle industry sold over 11.5 lakh hatchbacks. "Out of that we have over 68 per cent market share. As a market leader, we need to keep the
Hyundai Motor India expects semiconductor shortage issue to improve next year and emergence of a clear picture on the competitive scenario as it faces production constraints at present, according to a senior company official. The second largest passenger vehicle maker in the domestic market by volume has been facing stiff competition from homegrown manufacturers Tata Motors and Mahindra & Mahindra, which are riding high on their new SUV models. Besides, Maruti Suzuki India has also revved up its SUV plans with the launch of new Brezza and Grand Vitara. Leading up to the festive season, HMIL, the maker of popular SUVs, Creta and Venue is sitting on a backlog of 1.3 lakh pending orders. "2022 is driven more by the chip issue, so the real situation of demand will only emerge once we are able to produce with no constraints of semiconductor supplies and that is sometime away," Hyundai Motor India Director (Sales, Marketing and Service) Tarun Garg told PTI in an interaction. He was ...
Automaker Kia said on Friday that its second-quarter net profit jumped 40 per cent from a year earlier on an improved product mix and a weak won
Mahindra will open bookings on July 30 and the prices are applicable only for the first 25,000 buyers
The craze for SUVs at present is such that the waiting periods for some of the most popular models are stretching to over two years, and fresh orders are still flowing in
SUV maker plans to stay aggressive in cranking out new models
The Hyryder comes with two powertrains -- Neo Drive and Self-charging Strong Hybrid Electric powertrain
Favourable agri macros, improving SUV demand, and easing commodity prices augur well for automaker
The second-generation Maruti Suzuki Brezza 2022 will be available in manual and automatic transmission options, priced between Rs 7.99 lakh and Rs 13.96 lakh
Where is India's SUV market headed? Why Cannes Ad fest 2022 was India's '1983 moment'? How market uncertainty will impact India Inc's fund-raise plans? What is data anonymisation? Answers here
From 18% in 2016 to 48% in 2022, the rise of SUVs in India has been phenomenal. So why have SUVs become the preferred choice for the aspirational Indian? Where is India's SUV market headed from here?
Company expects car will impress buyers considering premium offers like Toyota Fortuner, Jeep Meridian and MG Gloster
The local arm of Hyundai Motor has benefitted after some leading manufacturers pulled the plug on diesel models amid tightening regulations