Car sales in slowdown; 2-wheelers up
Car sales in India witnessed moderate growth during July with major manufacturers like Maruti Suzuki, Hyundai and Tata Motors reporting rise in their monthly numbers amid a difficult market condition.
Car sales in India witnessed moderate growth during July with major manufacturers like Maruti Suzuki, Hyundai and Tata Motors reporting rise in their monthly numbers amid a difficult market condition.
NEW DELHI, 27 JULY: Honda Siel Cars India today said it would invest Rs 250 crore in its Tapukara plant in Rajasthan for expansion of a power train facility that would be used for its upcoming small car in India. With the new investment, the company's overall investment in the Rajasthan plant will go up to Rs 1,170 crore by the end of the year.
Danny Goodman / New Delhi January 27, 2010, 0:13 IST Manufacturers of electric and hybrid vehicles who participated in the just-concluded Auto Expo 2010 say widespread adoption of
Shweta Bhanot , Yogima Seth Though the 10th Auto Expo, which begins from Tuesday in the Capital, will not showcase a Nano-like innovation, which was the toast of the previous expo in 2008, the event will witness 10 global launches
Japanese auto maker Honda today said it would hold the world premiere of the concept model of a new small car, developed keeping the Indian market in focus, at the Auto Expo in January.
Swaraj Baggonkar & Danny Goodman / Mumbai/new Delhi May 14, 2009, 0:12 IST Maruti Suzuki launches the Ritz on Friday. As Maruti Suzuki, India
13 May 2009, 0054 hrs IST, Pankaj Doval, TNN NEW DELHI: As it gears up to launch its ultra-premium compact 'Jazz', Honda has started work to bring in another small car at lower price.
Company defers Phase II of Rajasthan plant. Sandeep Joshi NEW DELHI: Honda Siel Cars India on Thursday launched the advanced version of its premium sedan Accord. Powered by 3.5-liter i-VTEC engine, the eighth-generation Accord V6 will come in two variants priced at Rs. 24.80 lakh and Rs. 25.35 lakh (ex-showroom, Delhi).
After a worrying 7 per cent fall in sales in January, Maruti Suzuki, Hyundai Motors, Tata Motors, Mahindra & Mahindra and Honda Siel have notched up an impressive 18.78 per Auto executives, however, remain sceptical whether the momentum can be sustained for the rest of 2009.
Manufacturers Likely To Hike Prices On Rising Input Costs, Higher Excise Duty Chanchal Pal Chauhan NEW DELHI
India got its first hybrid car on Wednesday with Honda rolling out a petrol-electric version of its Civic sedan. The car will be more eco-friendly and fuel efficient (for its class) than any other in the market but will remain a niche product. The reason? The Civic hybrid has come with a prohibitive price tag of Rs 21.5 lakh (ex-showroom, Delhi), twice the price of the petrol Civic, thanks to accumulated duties, including customs, of 104%. This virtually makes the country's search for green and fuel-efficient options a non-starter.