SEPTEMBER AUTO SALES: Car demand drives Maruti Suzuki, M&M tepid

Maruti Suzuki India reported a whopping 31% jump in its September auto sales, while Mahindra & Mahindra reported a more modest increase of around 5% in its passenger vehicles. The commercial vehicles division continued to struggle with low demand. M&M Unlike Maruti Suzuki, which benefited from higher sales of its smaller cars, Mahindra & Mahindra’s […]

AUGUST AUTO SALES: Maruti Suzuki, Escorts reports strong numbers

Maruti Suzuki and Escorts have reported strong auto sales numbers for August 2020. While Escorts report an all-time high for its monthly tractor sales, Maruti Suzuki reported a 21.3% year-on-year jump in passenger vehicle sales, possibly indicating a move by consumers away from public transport. The company sold 1.13 lakh passenger vehicles, up from 93,174 […]

Maruti Suzuki ties up with IIM-B to scout for auto-tech start-ups

Maruti Suzuki India said it has tied up with NS Raghavan Center Entrepreneurial Learning at IIM Bangalore to scout out start-ups in the automobile sector. Maruti Suzuki, India’s biggest carmaker, will look for technology-based innovations that can be applied in the mobility sector. Among the focus areas will be digital, data and AI/ML in the […]

JLR says response to Land Rover Defender ‘sensational’

Tata Motors and JLR’s bet on reviving the original spirit of Land Rover with the Defender brand seems to be paying off, with the first model already notching up enough orders to keep the production lines busy for the rest of the year. Adrian Mardell, Chief Financial Officer of Jaguar Land Rover, called the launch […]

COVID not driving buyers to cheaper models: Bajaj Auto

Bajaj Auto, one of India’s biggest motorcycle manufacturers, said it is yet to see any down-trading or change of behavior among motorcycle buyers in India due to the COVID pandemic, and that demand is already at 80-85% of normal levels. Speaking to investors and analysts after the company’s quarterly results last week, executive director Rakesh […]

No cash? Get a car on ‘subscription’ from Maruti Suzuki

Maruti Suzuki, the country’s largest carmaker, has started a car subscription service in India in association with ORIX, a Japan-based car rental service provider. Car subscriptions are like car leasing, but with more flexibility that comes at typically higher costs. Unlike car leasing, car subscriptions typically do not come with conditions such as travelling limits. […]

Maruti Suzuki announces ‘car cabin separator’ for COVID-19 times

Maruti Suzuki has come out with a range of health-related products and car accessories keeping in mind the ongoing COVID-19 pandemic. The most interesting of these is the ‘car cabin separator’, a PVC shield that can be kept behind the front seats to seal off the front and back sections of the car. “The car […]

COVID-19: Maruti Suzuki sees more inquiries for cheaper cars

With the Coronavirus lockdown putting people’s livelihoods in danger, India’s largest carmaker Maruti Suzuki said initial trends indicated more customer inquiries smaller cars. The company’s showrooms had shut on March 23 and re-opened only earlier this month. “Initial inquiry trends that we have seen so far, since the showrooms have opened, suggest that trend,” said […]

Hero MotoCorp sells 10,000 two-wheelers post COVID lock-down

Hero MotoCorp said it has sold 10,000 motorcycles and two-wheelers since its dealerships and showrooms opened after a 41-day lockdown earlier this month. As of today, said the world’s largest manufacturer of motorcycles and scooters, it has opened more than 1,500 outlets and service centers which account for around 30% of the company’s total retail […]

TVS Motor says readying to start ops post COVID shutdown

TVS Motor Co, one of India’s top three two-wheeler makers, said it is getting ready to restart manufacturing operations after registering zero sales for the month of April due to the pan-India Coronavirus lockdown. “TVS Motor Company is gearing up to restart operations as per state guidelines and is undertaking strong measures to safeguard the […]

END of LOCKDOWN? Volvo Eicher gets nod to restart production

VE Commercial Vehicles, a joint venture between Sweden’s Volvo Group and India’s Eicher Motors, said it has received permission from the government to restart manufacturing operations at its commercial vehicle manufacturing plant in Madhya Pradesh. Considering the wider lock-down in place, it said, it is not planning on any immediate ramp-up in manufacturing operations. “The […]

Japan-based Kubota takes strategic stake in Escorts

Escorts Ltd, one of India’s oldest motor and equipment makers, said Japan-based Kubota Corporation, one of the top tractor makers in the world, will take a 10% stake in the Indian company for Rs 1,042 cr. The partnership, which will go beyond equity participation, will “integrate and deepen their relationship towards achieving their mutual ambition […]