Booking trend is more in favour of smaller cars: Maruti Suzuki
‘The percentage of the rural sales in Maruti’s portfolio is now roughly about 40-41%’
Retail sales of vehicles pick up speed in June
Sales were down about 25% from a year earlier in June for passenger vehicle makers, after a wa...
Auto demand back on track but supply staggers
The uptick in personal mobility has been strong seven weeks into the reopening of dealerships. ...
Expect pre-owned car sales to increase: Mercedes-Benz India
"Young and first-time buyers who aspire to own a three-pointed star usually opt for certified pre-owned cars to experience the product before moving on to a new one. So whilst we expect pre-owned cars sales to increase, we don't expect that this will come as a substitute to new cars," Mercedes-Benz India MD and CEO Martin Schwenk said.
Honda Cars reports 86 per cent dip in sales in June, lines up new product launches this month
The company was in the middle of BS-VI transition when the lockdown happened, so ever since production resumed, the company's priority is to quickly roll out the awaited models, including all new City, new WR-V, Civic BS-VI diesel and new Jazz, Goel said.
Sales of CNG cars expected to grow in double-digits in FY21 despite decline in PVs
Maruti Suzuki, the country’s largest carmaker, expects sales of CNG vehicles to grow 36 per cent to 144,000 units in FY21. The company has eight CNG-powered vehicles in its portfolio and plans to make the fuel option available on all small cars.
M&M records 55 pc fall in total sales at 19,358 units in June
The company had sold 42,547 vehicles in June last year. Domestic sales dropped 53 per cent to 18,505 units last month, as against 39,471 units in June 2019. The company registered a 72 per cent decline in exports at 853 units last month as compared to 3,076 units in the year-ago period.
Kia Motors crosses 50,000 unit sales mark for cars with connected features
The automaker is the only manufacturer to secure this feat within just over 10 months of its first product introduction in the country, it added.
Luxury cars bring attractive offers to encourage sales
The spec sheets are in real danger of being outdone by the swelling list of purchase offers.
Hyundai records over 15 lakh visitors on its online car sales platform
The company said it has also partnered with the leading banks HDFC and ICICI, in order to facilitate application of loans online without the need to visit any bank branch for approval.
AckoDrive offers contactless platform for car buyers
AckoDrive has transformed into a completely online car purchase platform providing guaranteed delivery dates, doorstep delivery, guaranteed lowest prices and easy financing options, according to a release.
BS-IV vehicle sold after March 31 won’t be registered: SC
India switched to BS-VI emission standards on April 1 from BS-IV. While the top court had earlier rejected the demand of automobile dealers to extend the deadline to clear their existing inventories of BS-IV vehicles, it allowed them to sell up to 10 per cent of such inventory in a short window after the lockdown restrictions were eased.
UK car sector axes 2,000 jobs as sales slump
Car showrooms in England reopened this week as the UK government eased COVID-19 lockdown measures that have slammed the brakes on the industry. However, UK car dealership Lookers on Thursday said it would axe about 1,500 jobs and shut 12 showrooms.
Skoda Volkswagen aims for carbon neutral car production in India by 2025
The automobile industry also uses gases like propane, LNG or LPG at during manufacturing. Boparai said that SAVWI will move to biogas as it is considered carbon neutral.
Honda launches online sales platform
Honda Cars India on Monday said it has launched an online sales platform to help customers manage their purchases without visiting a dealership.
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