India’s appetite for compact vehicles – defined as being less than 4 metres in length – seems to be waning. Despite a preferential taxation regime, the share of sub-4 metre compact vehicles, has fallen from 62% in 2021 to 50% in 2023. The number of models on offer in this segment is also down to … Read more
Carmakers have started offering discounts and freebies this fiscal after a hiatus of three years, hoping to entice new buyers and clear record inventory levels. Car dealership stock reached an all-time high of 310,000 vehicles at the start of the financial year. This is leading companies into pushing sales by expanding into smaller towns and … Read more
The highly-anticipated 2024 Maruti Suzuki Swift is set to make its debut in India in May, bringing with it a host of upgrades from the previous model. The refreshed version of the Swift has already been launched in other markets, boasting a new look and improved features. While the global model has undergone significant changes, … Read more
Maruti Suzuki has applied for Bharat New Car Assessment Programme (Bharat-NCAP) safety ratings for some of its vehicles, a senior government official has said. Last year, Tata Motors’ SUVs Safari and Harrier became the first recipients of the safety rating for adult and child occupant protection as per Bharat-NCAP. The SUVs were given 5-star rating. … Read more
Maruti Suzuki on Wednesday announced steep price hikes for Maruti Swift and some variant of Grand Vitara, amid rising commodity prices which India’s largest carmaker perhaps wants to pass on to customers. Maruti raised prices of Swift by up to Rs 25,000 and Grand Vitara Sigma variant by Rs 19,000, the company said in a … Read more
Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23. Commenting on the drop in overseas shipments last fiscal, SIAM … Read more
Maruti Suzuki, the country’s largest carmaker, on Wednesday raised prices of its hatchback Swift and select variants of its sport-utility vehicle model, Grand Vitara. Prices of the Swift have been increased by up to Rs 25,000 while only the Sigma variant of the Grand Vitara got an increase of Rs 19,000, the company said in … Read more
Toyota Motor Corp’s Indian subsidiary is embarking on the most aggressive sales expansion plan in its more than 25-year-old presence in the country. This will see the maker of Fortuner and Innova Hycross models establish a footprint in India’s smaller cities with select re-badged versions of comparatively affordable car models from Maruti Suzuki (India) as … Read more
New Delhi, Maruti Suzuki India on Tuesday said it has expanded the production capacity of its Manesar facility by one lakh units per annum. The auto major has added a vehicle assembly line to the existing Plant-A of the three manufacturing plants functioning at Manesar, in Haryana. “The new vehicle assembly line has the capability … Read more
Maruti Suzuki is offering huge discounts on various models this month. With the start of new financial year (FY25), the auto major has announced substantial discounts of up to Rs 1.5 lakh on its Nexa range, including on Baleno, Fronx, and Jimny. These discounts are available in various forms such as cash discounts, exchange bonuses, … Read more
