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Dec 10, 2019, 02.13 PM IST

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Hyundai to increase vehicle prices from January

The company, however, did not share details of model wise price change. The increase has been necessitated on account of rise in input and material costs, it added. The company is working out on details and would share the details of the model wise price hike later this month. Maruti Suzuki and Tata Motors have already announced to hike prices from January.

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  • As per data available with industry body Society of Indian Automobile Manufacturers (SIAM), passenger vehicle sales last month declined 0.84% to 263,773 units.

    Most women learned to drive as soon as they could to avoid the bus. They saved for two-wheelers and second-hand cars to resist family pressure to go everywhere accompanied because duniya is kharaab.

    The company produced a total of 1,41,834 units in Nov as against 1,35,946 units in the year-ago month, MSI said.

    The army recently announced its plan to procure 198 wheeled armoured fighting vehicles (AFV) for reconnaissance and support to tank regiments in mechanised warfare. ​The army plans to use these AFVs in the plain sectors of Punjab and Rajasthan. It wants that these AFVs should be able to operate in not only developed areas in this region, but in riverine terrain as well.

    The company has initiated a feasibility study for fuel cell electric vehicles in the country and promises to being a solution with zero emissions, he added. Fuel cell electric vehicles are free from all kind of green house gas emissions. Earlier this year, Hyundai had launched fully-electric SUV Kona in the country.

    Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, the company said on Wednesday, with a third of the expenditure focused on electric and autonomous vehicles, but analysts want to see it deliver.

    "With BSVI products coming in, prices will increase from January," Tata Motors President (Passenger Vehicles Business Unit) Mayank Pareek told in an interview here. He declined to quantify the increase in prices but said the hike next month would be on a higher side as compared to earlier price revisions taken by the company.

    In other countries, GPS devices have been used for the last two decades by the supply chain industry to improve operational efficiencies. India has been a slow follower. But the govt is finally trying hard to play catch-up, & it is imperative that this endeavour is successful. Ensuring success, however, is very challenging. A change in perspective could make all the difference.

    The West has pretty much upgraded its standard of living to the Smart Home. Despite infrastructure and connectivity problems, you can also start adding some devices to smarten up your home.

    Maruti Suzuki’s volume fell 24 per cent in the first half of the current fiscal.

    MG Motor India managing director Rajeev Chaba said the company had already started working on the project, taking cues from the requirements of local consumers. The concept will be completed in the next one year, and a production model may hit the roads in the next three to four years, he said.

    The company had sold 13,119 units in the same month last year, Ashok Leyland said in a statement. Domestic commercial vehicle sales were down 25% at 9,377 units as against 12,570 units in the year-ago month, it added. Medium and heavy commercial vehicle sales in the domestic market were down 36% to 5,321 units as compared to 8,260 units in November last year.

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