Despite demonetisation and the goods and service tax (GST) impacting demand, sales rose 9.57% to 2.12 million between January and August.
The Passat will contend with the likes of Toyota Camry, Honda Accord and Skoda Superb. The Passat is based on the new MQB platform and comes strapped with a 2 L TDI Diesel engine.
Commercial vehicle sales are often seen as an indicator of economic growth. This could be indicative of a recovery in the economy, provided there are no more disruptions.
The SIAM President’s views stand askance to those expressed by members Hyundai and Toyota shortly after the revision in cess was effected last month.
Car sales went up 6.86 per cent to 2,08,656 units as against 1,95,259 units in September last year, according to data released by the SIAM today.
At present, the Electricity Act prohibits the sale of electricity by anyone except the distribution licensee.
Roland Folger, Managing Director & CEO, Mercedes-Benz India commented, This growth story is a direct result of our strong customer focused strategy, which has been bearing fruit…
Tata Motors offered to supply the electric vehicles at Rs 11.2 lakh each, inclusive of the GST and a five-year warranty. Mahindra quoted more than Rs 13 lakh.
The company recently surpassed record 75 million two-wheelers in cumulative sales since its inception.
Based on the B0 platform, the Renault Captur comes with a crossover design and has a curvy bodyline.
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