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Auto makers post healthy double-digit sales growth in November
Fri, Dec 01, 2017
Utility vehicle sales, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV Vitara Brezza, increased by 34 per cent to 23,072 units in November from 17,215 in the same month of 2016, MSI added.
Commercial vehicle sales growth outperform car sales in festive month of October
Fri, Nov 03, 2017
The growth is driven by pent-up demand post GST, healthy replacement-led demand especially in Tractor Trailer segment owing to stricter implementation of CMVR regulations and pick-up in construction
Jio's success helps Reliance overtake Airtel, grabs second spot in 2017 brand value list
Thu, Nov 02, 2017
Reliance Industries saw its brand value grow by 9% during the year to stand at Rs 38,212 crore in 2017.
Retail car sales sees low demand in run up to Diwali this year despite discounts
Tue, Oct 24, 2017
The retail car sales during the week before Diwali accounts for 25-30% of the total sales for the year. This is as most of the new cars are purchased during the festive period.
Car companies offer discounts of up to Rs 1 lakh in anticipation of good Diwali sales
Fri, Oct 13, 2017
Two-wheeler and passenger vehicle volumes are expected to grow at CAGR of about 11% over FY17-19 during the Diwali period.
Mahindra, Tata Motors try to take on competition from Jeep Compass in latest ads
Fri, Aug 25, 2017
With the threat of the Jeep Compass eating into the share of players in the SUV segment, Mahindra and Tata Motors released ads taking a dig at the Compass.
Why hike in GST cess on luxury cars may dent investment, auto jobs in India
Tue, Aug 08, 2017
Except for small cars, all cars above 4 meters could see their prices go much above the pre-GST levels due to the hike in the on-road taxes in many states
Automobile companies feel the impact of GST in Q1 results
Fri, Aug 04, 2017
Several automobile companies reported an impact due to the rollout of GST and a one-time charge incurred as they had compensate dealerships for unsold inventory.
Why pre-GST discounts offered by car makers fail to sway buyer in June as sales fall
Mon, Jul 03, 2017
Car companies in the month of June saw a decline in sales even despite offering large discounts due to the implementation of GST from July 1.
Here is why the govt has dumped hybrid cars from its electric vehicle plan in India
Mon, Jul 03, 2017
While the government has given a lower 12% GST rate on electric vehicles, hybrid vehicles will incur a GST rate of 43%. Many automobile companies are angry with the government's decision.
GST rates on cars: Heavy discount on Tata, Mahindra and Maruti cars
Wed, Jun 14, 2017
Ahead of the GST's implementation, various car manufacturers are offering lucrative discounts on their cars, ranging between Rs 15,000 to Rs 2.5 lakh. You can avail these benefits in form of cash discount and exchange bonus, depending on make and models.
Anand Mahindra urges Elon Musk to bring Tesla to the Indian electric car market
Fri, Jun 02, 2017
In a reply to a tweet of Elon Musk, Anand Mahindra said that there is plenty of room in the electric car market in India as they are the only manufacturers.
Majority of car companies post good growth in sales May
Thu, Jun 01, 2017
Will Mahindra dodge BS-III impact like CV firms Tata Motors, Ashok Leyland in its Q4 results?
Fri, May 26, 2017
Tata Motors, Ashok Leyland and Mahindra & Mahindra were the most effected commercial vehicle firms due to the BS-III ban. But with lesser than expected impact on the Q4 results of Tata Motors and Ashok Leyland, will Mahindra's Q4 results too follow the same way.
Most Valuable Brands: Tata's value falls but remains perched at top; Micromax struggles
Thu, May 18, 2017
Value of top Indian brands increased 15% in 2017, ahead of the global average of 11%. Brand Finance List features some surprises in its 2017 brand evaluation that puts Tata's brand on top and IT services that performed well despite of backlash of of H1-B visa fiasco and job cuts.
Mahindra may plan for IPO or strategic sale in logistics arm in FY19
Sun, Apr 30, 2017
The company, which got incorporated as a separate entity in 2008 after eight years of working as an in-house department, will close FY 2016-17 with revenues of Rs 2,600 crore
Honda BR-V, WR-V, Brezza Vitara, Hyundai Creta, Scorpio push C2 SUV segment by 25% in March
Thu, Apr 13, 2017
SUVs in the segment such as the Ford EcoSport, Honda BR-V, Honda WR-V, Maruti Suzuki Vitara Brezza, Hyundai Creta have been the most popular choices.
Mahindra to launch two new SUVs to arrest falling market share
Mon, Mar 27, 2017
Mahindra's management accepted that its recently launched compact SUVs (the KUV100 and TUV300) have not met management’s expectations
Despite several automobile JV splits will Tata Motors, VW tie-up go the distance?
Fri, Mar 10, 2017
Tata Motors and Volkswagen Group on Friday signed a Memorandum of Understanding (MoU) aimed at establishing a joint development projects.
Nokia 3310 is back, but is nostalgia enough to power a brand into the future?
Sat, Mar 04, 2017
HMD Global looks to make a come back with Nokia 3310, but will nostalgia be enough to power the brand into the future.