The 2018 version of Ciaz, the ‘A3’ sedan from Maruti Suzuki, has notched up bookings of over 10,000 in the first month, India’s largest carmaker said. This comes as a relief as the numbers had seen a drastic decline in the run-up to the launch of the new, 2018 model in August. The new variant, … Read moreCiaz 2018 gets 10,000 bookings in first month, says Maruti Suzuki
Suzuki, the Japan-based parent of India’s largest carmaker Maruti Suzuki, has started real-life testing of electric vehicles in India. The company had, in September, promised to bring 50 units of its electric vehicles to India for conducting tests in real life conditions. “This extensive real-life usage of the vehicles in multiple terrains and climatic conditions … Read moreMaruti Suzuki’s electric vehicles hit Indian roads for testing
Volvo Eicher Commercial Vehicles, which manufactures Eicher branded trucks and buses in India, said it would increase its capacity by 44% by setting up a new, 40,000-trucks-per-year plant in Bhopal in Madhya Pradesh. At present, the joint venture between Eicher Motors and AB Volvo has a capacity of manufacturing 90,000 trucks per year at its … Read moreVolvo Eicher to set up new 40,000 truck plant at Bhopal
TVS Motor Company has introduced yet another version to its successful Jupiter line of scooters. Jupiter Grande, priced at Rs 56,000 ex-showroom in Delhi, has a few functional extras like an LED front-lamp that saves power and fuel, adjustable mono-shock suspension at the back and a new seat. The new model is priced at Rs … Read moreTVS Motor unveils Jupiter Grande at Rs 56,000
Maruti Suzuki India Limited said it is recalling 640 units of its Super Carry small cargo vehicles manufactured between 20th Jan 2018 till 14th July 2018 to rectify a possible defect in fuel pump assembly. Starting today, owners of the vehicles included in this recall campaign will be contacted by Maruti Suzuki dealers for inspection and … Read moreMaruti Suzuki recalls 640 Super Carry vehicles to fix faulty fuel pump
Maruti Suzuki Eeco, India’s largest selling affordable utility vehicle, has crossed the 5 lakh sales milestone, nearly eight years after it was introduced. The ‘van’ was brought in as a bigger, safer and stronger alternative to the relatively successful Omni. However, Eeco failed to match up to the success of the Omni, partly because the … Read moreEight years later, Maruti Suzuki Eeco cross 5 lakh sales
Tata Motors reported a 20% growth for September to 64,598 vehicles, led once again by the commercial vehicle segment. The 20% overall growth is, however, below the 40% growth seen for the first six months of the current financial year. Following the recent trend, growth was led by the commercial vehicle division, which saw sales … Read moreTata Motors CV sales continues to drive overall numbers, PV sales up 7%
Ashok Leyland, one of India’s top three commercial vehicle makers, reported strong auto sales for September. Total medium and heavy commercial vehicle sales rose 21% to 14,232 units in September, compared to 11,805 in the same month last year. Light commercial vehicle sales were up 44% at 5,141 units compared to 3,566 last year. Despite … Read moreAshok Leyland September auto sales up 26%
Hero MotoCorp, the world’s largest two-wheeler manufacturer, said it will increase the price of its two-wheelers from October 3. The prices of its motorcycles and scooters could go up by up to Rs 900 per unit. “The revision has been necessitated by the increasing commodity costs and currency depreciation. “The price hike will translate to … Read moreHero MotoCorp to raise prices of bikes and scooters from next month
Amara Raja Batteries, India’s largest battery maker, said it has agreed to license stamping technology from Johnson Controls, one of the world’s largest automotive parts makers, used to make lead acid batteries. “The company has entered into an agreement with Johnson Controls Technology Company (JC), USA for acquiring the license for manufacturing advanced stamped grid … Read moreAmara Raja to make advanced batteries with Johnson Controls
Fitch Ratings has revised Jaguar Land Rover Automotive plc’s outlook to ‘negative’ from ‘stable’, indicating a higher risk of a downgrade in its credit rating in the future. The move comes in the wake of higher investments by the company into research and development and rising depreciation of past investments, resulting in more cash burn … Read moreFitch Ratings changes JLR’s outlook to ‘negative’ from ‘stable’
Jaguar Land Rover today reported total retail sales of 36,629 vehicles in August 2018, down 4.9% year on year, hit by a 38% fall in sales in China due to ongoing tariff war between the US and China. However, Chinese retail sales showed a slight improvement compared to last month, when they had fallen 47% … Read moreJLR sales in China continue to be down, August retail falls 5% overall
Ashok Leyland, one of India’s top two commercial vehicle makers, said it has set up an electric vehicle unit at its Ennore plant, giving the company the capacity to “deal with” about 5,000-10,000 electric vehicles per year. The move comes eight months after it signed an agreement with Israel-based Phinergy to explore the possibility of … Read moreAshok Leyland sets up electric vehicle facility at Ennore plant
Mahindra & Mahindra has unveiled its next SUV, the Marazzo, at a price that is considerably below what the market was expecting. While the ‘shark-inspired’ UV was supposed to be priced in the same range as the XUV500, the actual starting price is about 20% below that of the 500. Against Rs 12.6 lakhs for … Read moreMahindra Marazzo comes with aggressive pricing of Rs 9.99 lakh
Bajaj Auto, one of India’s biggest two- and three-wheeler makers, reported relatively strong auto sales numbers for August. Total sales came in at 4.37 lakh, up 30% over 3.35 lakh in August last year. Growth was led by exports, even as the floods in Kerala dampened domestic growth slightly. Total exports for the month was … Read moreDespite Kerala impact, Bajaj Auto august sales up 30% on exports
Maruti Suzuki, India’s biggest carmaker, said it will contribute Rs 3.5 cr, including employee contributions, to the Prime Minister’s National Relief Fund in the context of floods in Kerala. “With regard to the recent floods and colossal damages in Kerala, Maruti Suzuki stands with the people of Kerala and prays for quick rehabilitation of all … Read moreMaruti Suzuki employees contribute Rs 1.5 cr to Kerala Flood relief
Credit rating agency India Ratings and Research has awarded its top AAA rating to Motherson Sumi Systems, the auto components manufacturer said. Ind-Ra, a unit of global rating agency Fitch, took into consideration the company’s strong trackrecord and diversified client-based to issue the rating. “MSSL’s diversified customer base and product profile, strong track record of … Read moreIndia Ratings gives AAA rating to Motherson Sumi
Hero MotoCorp Ltd., the world’s largest two-wheeler manufacturer, said it will start shipping its first premium motorcycle, the Xtreme 200R, from its factories next week. This marks the end to a long period of waiting for the fans of the machine that is priced at Rs 90,000 in Delhi, which is about 10% cheaper than … Read moreHero MotoCorp starts selling first premium bike Xreme 200R, price Rs 90k
Jaguar Land Rover today reported total retail sales of 36,144 vehicles in July 2018, down 21.6% year on year, primarily, it said, reflecting “transitional issues” in certain markets. Retails for July were down in China (46.9%), reflecting continued market volatility in the first month of the duty change as well as trade tensions. Sales were … Read moreJaguar Land Rover sales down 22% in July as US-China tariff war bites
The Finance Ministry today said there would be no cut in the GST levied on bigger hybrid vehicles sold in India. At present, medium and large sized hybrid cars are taxed at a rate of 43%, including a ‘compensation cess’ of 15% — only marginally lower than the 45% tax charged for regular cars. However, … Read moreSWIFT HYBRID LAUNCH: Govt says no GST cut for bigger competitors