Hero MotoCorp, the country’s largest two-wheeler maker, is offering a discount of Rs 5,100 on all its scooters till Mar 12 as long as the purchase is made in the name of a woman. Given that Hero’s scooters typically range from around Rs 64,000 to Rs 75,000 on road, this translates to a discount of […]
Tata Motors, the country’s largest commercial automaker, reported the best set of numbers for any automaker in India so far for the month of February as both commercial and passenger vehicle sales zoomed. Even as sales for most of its rival truck makers continue to remain spotty, Tata Motors reported a substantial increase in its […]
Continuing to ride the increased momentum in sales ever since the Coronavirus lockdown was relaxed last year, Mahindra & Mahindra reported its strongest growth in passenger vehicles in over a year. The company’s passenger vehicle sales jumped 41% for the month of February, a welcome relief in a year when they’ve so far been down […]
Maruti Suzuki today launched the all-new Swift 2021, three years after it gave India’s most popular hatchback a overhaul with its 2018 edition. While the 2018 model was a complete makeover that changed the very shape of the car, Maruti Suzuki 2021 carries over much of the design language of its predecessor. Perhaps the biggest […]
TVS Motor Co, one of India’s top motorcycle makers, said it appointed industry veteran Timothy Prentice as vice president in charge of design. Having started his career at Honda’s US-based R&D team, Prentice won the Red Dot award for designing electric motorcycle Mission R in 2010. Prentice has helped brands such as Triumph Motorcycles, Polaris, […]
Two- and three-wheeler maker TVS Motor Co said it has appointed a new distributor for the UAE market and inaugurated a new, 2,000 sq ft showroom. The company also plans to significantly scale up its offering in the country. The new distribution arrangement was signed with Public Motors, a unit of Ghaf Investments LLC. The […]
Sales of Tata Motors passenger vehicles has almost doubled in January to 26,978 units from 13,894 units in January of last year — marking the highest ever monthly sales for the company. The previous high was in November, when it sold 23,617 passenger vehicles. The exact break-up of which models did how much in terms […]
Maruti Suzuki, the country’s largest carmaker, may soon offer a new product for companies with a large fleet of vehicles, such as taxi operators, BPOs and IT companies. The company has called for a shareholder vote on including fleet management services in its memorandum of association — the most basic document of a company that […]
Bajaj Auto Ltd, one of India’s oldest two-wheeler makers, today reported its highest ever quarterly revenue, profit and volume numbers as consumers again loosened their purse strings with COVID-19 uncertainty receding into the background. Like most other companies in India, Bajaj Auto had taken a severe beating in the first quarter (Apr-Jun) due to COVID-19, […]
Hero MotoCorp, the world’s largest two-wheeler manufacturer, announced new expansion plans for the Central American markets of Nicaragua and Honduras after appointing new distributors there. It said it has ‘aggressive expansion plans’ for the two countries, and plans to launch its range of premium motorcycles in both countries and expand its network in these markets. […]
Three weeks after warning that it will be forced to increase the prices of its automobiles, Mahindra & Mahindra today said it has implemented a 1.9% increase in the prices of its passenger and commercial vehicles. This will result in an increase of around Rs 4,000 — for the cheapest vehicle — to Rs 40,000 […]
Consumer-focused automakers, such as Maruti Suzuki and Hero MotoCorp, fared better than commercial vehicle makers, going by auto sales trends in December 2020. Maruti Suzuki, which accounts for around half the cars sold in India, was among the best performers, with a 20% jump in sales compared to December last year. The company sold 1.60 […]
Following automakers like Honda, Mahindra & Mahindra, Bajaj Auto, Maruti Suzuki, Kia Motors, MG Motor and Renaut, Tata Motors too has announced a decision to increase vehicle prices from next month. However, unlike most others, Tata Motors will increase prices for commercial vehicles only, while leaving passenger vehicles alone for now. Around half of the […]
Mahindra & Mahindra, one of India’s largest makers of tractors, said it plans to increase the prices of its tractors from January 1 to offset increasing commodity prices. “Details of the price increase across different models will be communicated in due course,” it said. The move comes in the wake of record sales of tractors […]
Mid-range models like XUV300, Thar and Bolero proved to be the wind behind sails of Mahindra & Mahindra’s 27% sales growth in November, according to the numbers released by the company today. On the other hand, sales of both entry-level as well as higher priced models, such as KUV100 and XUV500, proved to be a […]
Maruti Suzuki India today said it had decided not to use Toyota Kirloskar’s factory in India to manufacture Vitara Brezza, also sold as Toyota Urban Cruiser in India. An agreement was announced in March last year in which the two companies announced that Maruti Suzuki will supply Baleno to Toyota in India. At the same […]
Mahindra & Mahindra reported its strongest growth yet in the COVID-19 era after sales in November surpassed expectations, with strong numbers coming in from the tractor department. The company reported a whopping 55% jump in tractor sales for November, compared to just 2% in October. Similarly, sales of utility vehicles such as XUV500 jumped 27% […]
Mahindra & Mahindra, the second-biggest Indian auto brand, is hoping that the valuable lessons that it has learnt from a series of less-than-spectacular product launches — reflected in the design and success of the new Thar 2020 — will be a harbinger of better luck in store for the company in 2021. Over the last […]
After launching car subscription services in Delhi-NCR, Bangalore, Hyderabad, and Pune, India’s largest carmaker has brought the service to Mumbai, Navi Mumbai, Thane, Chennai, Ahmedabad and Gandhinagar. The service will cost around Rs 14,690 per month in Gujarat for a Swift LXi for a four-year contract, excluding GST. In Chennai, it will cost Rs 15,196 […]
Ashok Leyland, which had introduced a voluntary retirement scheme and an employee separation scheme for its executives in August last year, has approved yet another VRS scheme this year. In a notification, the company said its directors “approved the introduction of Voluntary Retirement Scheme (“VRS”) for all eligible employees” of the company. The approval, it […]
