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
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
Jaguar Land Rover (JLR), owned by Tata Motors, reported that its FY24 retail sales saw a 81 per cent surge in retail sales in India, reaching 4,436 units. This growth, the company says, is one of its strongest performances since its entry into the Indian market in 2009, marking its highest in the past five … Read more
Tata Motors on Wednesday reported 8 per cent rise in total global wholesales at 3,77,432 units in the fourth quarter ended March 31, 2024 as compared to the same period a year ago. Global wholesales of Tata Motors passenger vehicles, including electric vehicles, in Q4 FY24 were at 1,55,651 units, higher by 15 per cent … Read more
Tata Motors on Wednesday reported 8 per cent rise in total global wholesales at 3,77,432 units in the fourth quarter ended March 31, 2024 as compared to the same period a year ago. Global wholesales of Tata Motors passenger vehicles, including electric vehicles, in Q4 FY24 were at 1,55,651 units, higher by 15 per cent … Read more
New Delhi: Sports utility vehicles (SUVs) are wildly popular in India, with the segment now accounting for every second car sold. But going by the official definition of an SUV, such vehicles account for only about a 10th of the total sales volume. That’s because just a third of the 47 models with SUV branding … Read more
Improved road infrastructure and attractive pricing of liquefied natural gas is catalysing energy companies and auto majors to gear up to serve the long-haul LNG trucking segment. To cater to these medium and heavy commercial vehicles, oil marketing companies are planning to expand the compressed natural gas dispensing infrastructure in their fuel retail outlets to … Read more
Car sales in the local market in the last financial year grew by nearly 9% to a record 4.23 million units amid improved supplies and sustained customer demand, cementing India’s position as the third largest market for passenger vehicles in the world. Around 370,000 cars, sedans and utility vehicles were sold last month, compared to … Read more
Mumbai: Carmakers in India are increasingly navigating a mix of powertrain technologies from petrol to hybrids to electric, driven by policy initiatives, tougher emission norms and changing customer preferences, among others. Automakers said alternative fuel technologies such as electric, hybrids, compressed natural gas (CNG), biogas and flex fuel need to coexist with traditional fuel options … Read more
Made-in-India car exports are set to touch pre-Covid levels, despite global uncertainty, amid an increase in demand for models such as the Hyundai Creta, Maruti Suzuki Grand Vitara, Kia Seltos and Mahindra XUV700 from customers in Australia, Latin America and Southeast Asia. According to industry estimates, Indian carmakers are set to ship more than 675,000 … Read more
