After a gap of three months, carmakers in the local market reported a small uptick in dispatches, albeit on a high base, as consumers drove home vehicles during the festive period in October, spurting retails and bringing down inventory at dealerships. As per data released by industry body Society of Indian Automobile Manufacturers (SIAM), as … Read more
New Delhi: The landscape of India’s passenger vehicle (PV) market is undergoing a notable transformation as the dominance of long-standing players declines while new entrants gain ground.According to a research report by Jefferies, the combined market share of the two top automobile manufacturers–Maruti Suzuki and Hyundai–has slipped to a 12-year low in the first half … Read more
The auto industry is riding on the SUV wave, but that has not stopped company from focusing on sedans, despite a flat performance from the category. Maruti, India’s largest carmaker, released a highly upgraded version of Dzire sedan earlier this month, with an aim to gain numbers with the new model. “This is not just … Read more
India is set to enter a transformative “smartphone era” for cars in 2025, with the introduction of vehicles featuring 5G M2M connectivity and advanced AI technologies, according to the latest findings from Techarc’s India Connected Consumer Report 2025. The report said the automotive sector will skip 4G and will enable connectivity using the latest 5G … Read more
Mumbai: Leading mass-market carmakers are recalibrating product strategies to make more higher-margin vehicles, seeking to offset the impact of a circumspect 3-4% industry-level growth and rely instead on a customer segment that’s less sensitive to prices — and business cycles. The most telling signal of this shift is that about four-fifths of sales are now … Read more
New Delhi: Indian traffic conditions are not at par with developed countries such as Japan, and in addition to equipping vehicles with safety features, a lot more needs to be done here to educate vehicle users to reduce road accidents and fatalities, said Maruti Suzuki managing director Hisashi Takeuchi. India has the highest number of … Read more
The festive season brought much relief to automakers who had been struggling with high inventory, with consumers lapping up cars and SUVs across categories. While sales of entry-level cars are yet to show signs of a turnaround, customers drove home premium vehicles — from hatchbacks like the Maruti Suzuki Baleno to SUVs such as the … Read more
Some top Indian carmakers reported a surge in sports utility vehicle sales to dealers in the festive month of October, company data showed on Friday, while the small-car segment stayed sluggish, highlighting customers’ increasing preference for larger, premium cars. Maruti Suzuki, India’s No. 1 carmaker in terms of market share, posted a 19.4% rise in … Read more
Inventory levels for small cars at Maruti Suzuki could be as much as 40-45 days by the end of the month, while other segments are expected to maintain a comfortable 30-day stock, auto company’s Head of Marketing and Sales Partho Banerjee said during a post earnings call. Most dealers have an average inventory of 60 … Read more
Last Updated:October 30, 2024, 15:44 IST The upcoming SUV will feature a robust 60-kilowatt-hour battery pack, although its range has yet to be revealed. This new model is part of Toyota’s ambitious plan to launch 10 battery-powered vehicles by 2026. (Image: Shutterstock) Japanese automaker Suzuki Motor’s Indian unit will supply its first-ever electric vehicle to … Read more
