Jawa, the retro motorcycle brand from Mahindra & Mahindra, has opened showrooms in many cities, indicating that the launch will happen within one month. Kerala, as the biggest market for such bikes, has seen the opening of several such showrooms in the last few days,...
AUTO
BS-VI to hurt sales of diesel cars, boost electric vehicles – M&M
The introduction of BS-VI fuel standard a year from now is expected to make small diesel engines too expensive to be of practical use and push the market for smaller vehicles towards petrol, CNG and electric vehicles, automaker Mahindra & Mahindra said. Managing Director Pawan...
BS-VI switchover could bring mega deals for consumers
Consumers planning to purchase a vehicle towards the end of this year may consider postponing their purchase as automakers may offer big discounts in February and March in an attempt to flush out old stock ahead of the shift to BS-VI fuel standards. According to...
Mahindra Jawa sold out till September, launch “soon”
Mahindra Jawa, the reincarnation of an old Polish motorcycle popular in the 1960s through the 80s, has been sold out till September 2019, company officials said, promising that the bike will be launched “soon”. “We are sold out till September 2019 based on the production...
Tata Motors passenger auto sales down 11% in Jan as finance woes bite
As muted consumer sentiments continued in January 2019, Tata Motors Commercial and Passenger Vehicles Business sales in the domestic market witnessed a drop of 8% at 54,915 units as against 59,441 units sold over last year. The cumulative sales for the domestic market (April 2018...
Maruti Suzuki opens ‘Japanese ITI’ in Gudgaon
Maruti Suzuki India Limited (MSIL) said it will set up Japan-India Institute for Manufacturing (JIM), a model ITI, at Uncha Majra village in Gurugram district. JIM Uchamajra expected to start its first session by August 2019, will be the first in Haryana. Maruti Suzuki will...
Maruti Suzuki opens booking for Baleno 2019
Maruti Suzuki said it has opened booking for Baleno 2019 edition. The car, which falls into the mid-range hatchback category, can be booked at any NEXA showroom by paying Rs 11,000. Just days ago, Maruti Suzuki had opened booking for the new WagonR. Baleno is...
Booking opens for new WagonR 2019 at Rs 11k, price not revealed
Maruti Suzuki said it has opened booking for its WagonR 2019. Customers can book the car by paying Rs 11,000 at any of the company’s dealer showrooms across India or via the company’s website. The car is expected to be officially unveiled on January 23,...
Maruti Suzuki car prices to go up by up to Rs 10,000 from today
Following the intimation given last month, Maruti Suzuki increased the prices of its cars by up to Rs 10,000 with effect from today. The price change is applicable “for select models owing to increase in commodity prices and foreign exchange rates etc,” said the automaker,...
Mahindra unleashes XUV300 to take on Vitara Brezza, Hyundai Creta
SUV maker Mahindra & Mahindra Ltd, which is feeling the heat from India’s bigger car maker Maruti Suzuki, has announced its latest offering — the five-seater XUV300 — to take on Vitara Brezza, India’s largest selling SUV. The model will be launched in the 1st...
Mahindra raises stake in Finnish agri machinery firm Sempo to 49%
Indian auto maker Mahindra & Mahindra said it has agreed to increase its voting rights in Scandinavian farm equipment maker Sempo to 49.04% from 35% by acquiring shares and convertible instruments at a cost of 4.66 mln euros, or around Rs 37.74 cr. Sempo, founded...
Tata Motors wholesales down 7% in November
The Tata Motors said global wholesales for the group for the month of November 2018, including Jaguar Land Rover, fell 7% on year to 104,964. Within this, commercial vehicle numbers fell by 6% and passenger vehicle numbers by 7%. Total CV wholesales, including Tata Daewoo,...
Maruti Suzuki CNG sales on track to jump 54% this year
With rising fuel prices, sales of CNG models are on track to jump 54% this year at India’s biggest car maker, Maruti Suzuki. The company has sold 7.66 lakh units of CNG vehicles in the first eight months of the year, more than the 7.46...
Jaguar Land Rover November retail sales down 8%
Jaguar Land Rover reported an 8% decline in its November retail sales, reflecting what the premium auto-maker called “continuing challenging market conditions in China”. Sales in China were down 50.7% as “market conditions remain difficult with continuing consumer uncertainty following tariff changes and trade concerns.”...
Maruti Suzuki car prices to increase next month
Maruti Suzuki, India’s largest car maker, said it will increase car prices next month due to increased costs. “Over the past year, the cost of company’s vehicles has been impacted adversely due to increase in commodity prices and foreign exchange rates, etc. “Hence, it has...
Mahindra acquires Carnation Auto service chain
Mahindra First Choice Services, the servicing arm of Mahindra & Mahindra, said it has agreed to acquire the assets of bankrupt auto-service chain Carnation Auto (India). The company did not disclose the exact number of service centers that will accrue through the deal, but said...
TVS Motor Co posts strong numbers for November, sales up 26%
TVS Motor Co emerged as a strong performer in November, with a 28% jump in domestic two-wheeler sales volumes. This was far higher than the 0.8% jump shown by market leader Hero MotoCorp. TVS’ two-wheeler exports too jumped 24% during the month, taking the overall...
Bajaj Auto reports 45% jump in domestic 2-wheeler sales for Nov 2108
Bajaj Auto reported a 45% jump in two-wheeler sales in India in November, while overall sales of two-wheelers and three-wheelers, including exports, were up 25%. India two-wheeler sales jumped to 2.05 lakh in November from 1.42 lakh last year. However, compared to October, sales were...
Hero MotoCorp reports flattish sales for November 2018
Hero MotoCorp reported only a modest increase in November sales, after two months of record-setting performance. Overall two-wheeler sales came in at 6.10 lakhs in November, up from 6.05 lakh in the same month last year. In percentage terms, the increase is less than 1% (0.8%...
Maruti Suzuki Baleno sales rise 20%, hit 5 lakh mark in 3 years
Maruti Suzuki, India’s largest car maker, said its premium hatchback, Baleno, averaged sales of 13,158 units since launch, crossing the 5 lakh mark this month. Moreover, sales in the first seven months of this financial year have been 20% higher than that in 2017. The...