Commencing of Splendor iSmart 110 bikes dispatch signals imminent commercial launch, say sources.
Rajan Wadhera says the industry’s ability to provide large discounts is limited and that it has already pulled out all stops in offering attractive deals to consumers.
India's top carmaker going big on CNG will help reduce dependence on imported oil and cut vehicular pollution.
Price increase due to higher safety standards to take toll on two-wheeler sales: Suzuki Motorcycle chief
The government measures will help improve liquidity in the market, but introduction of higher safety standards and insurance costs have already raised two-wheeler prices by 15%, Koichiro Hirao told ET.
Sales of Maruti's mini cars Alto and old WagonR dropped 71.8% to 10,123 units in August.
While this has hit demand in the market in the ongoing fiscal year, the switchover to Bharat Stage VI emission standards next year will raise prices by up to another 20%, he said.
Good ideas are born out of desperation, say carmakers, many of which have launched buyback options.
Toyota-Suzuki forms capital alliance, to acquire shares in each other to pave way for future investments
Toyota plans to acquire 24,000,000 shares of common stock in Suzuki.
The company will strengthen its product portfolio and expand its sales service network to boost volumes.
The automobile sector accounts for 49 per cent of India's manufacturing gross domestic product (GDP).
- No blogs yet have been written by the author, we’re sure the author will contribute one soon