Maruti declared a net profit of Rs 1,358 crore for the quarter ended September 2019, down 39.4 per cent from Rs 2,240 crore in the corresponding quarter last year
Hyundai is reviewing various plans to strengthen the joint venture's competitiveness in changing market conditions in China, the firm said in an emailed statement, without elaborating.
With the addition G350d, which is the first non-AMG-diesel variant of the G-class, the car makers SUV portfolio now has eight models--GLA, GLC, GLE, GLS grand edition, AMG GLC 43 4MATIC, GLE coupe and AMG G63.
The Chetak electric will be competitively price, managing director Rajiv Bajaj said. Sales for the e-scooter will commence from January next year, with Pune and Bengaluru being part of the initial rollout.
The WIAA is recognised under the Central & State Motor Vehicle Act and has been offering its services in the states of Maharashtra, Gujarat, Rajasthan, Madhya Pradesh and Goa.
Honda Motorcycle & Scooter India (HMSI) continues to be the undisputed leader in the segment followed distantly by Chennai-based TVS Motor Company.
Domestic car sales were down 33.4 per cent to 1,31,281 units last month as against 1,97,124 units in September 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Friday.
Kia Motors on Thursday opened its first brand experience centre, BEAT360, in India at Gurugram and plans to open similar experience centres in other Indian metros, Kia Motors India said in a statement.
With Australia determined to make this a cricket lover’s dream come true, the finals of both tournaments will be held at the largest cricket stadium in the world, the Melbourne Cricket Ground (MCG).
Dussehra and Navratri deliveries, which were made on Tuesday, outperformed the number of cars sold on the the same festival day last year, indicating a strong festive mood, the company said in a release.
The company produced a total of 1,32,199 units in September as against 1,60,219 units in the year-ago month, Maruti Suzuki India (MSI) said in a regulatory filing.
After selling just one unit in February this year, the company has also not sold a single unit of the Nano in the rest of the months of the year so far, according to the filings.
The CV manufacturer reported a 57 per cent decline in its domestic sales at 7,851 units in September, compared with 18,078 units same month last year.
In the domestic market, sales were down 21 per cent at 40,692 units last month as compared to 51,268 units in September 2018.
Maruti's domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018, it added. Bajaj Auto reported a 20 per cent fall in total sales at 4,02,035 units in September.
Maruti Suzuki S Presso is powered by BS6 compliant 1.0-litre K10 petrol engine. The car is available in nine variants in total and is priced from Rs 3.69 lakh to Rs 4.91 lakh (ex-showroom, India).
As sales of automobiles across various segments witnessed their worst-ever fall in August, the industry has been demanding a cut in taxes, which would have brought down the net price of vehicles.
The company said the indigenously conceived, designed and developed vehicle is made for India as well as the world.
Already struggling to keep aging vehicles on the road, low-wage workers could be forgotten in the electomobility age. Climate crisis or not, policymakers face increasing pressure to ensure everyone can stay mobile.
Ziptron, the soon to be introduced EV powertrain, will help it drive economies of scale on one hand and make new EVs more affordable for consumers on the other.
Tata Nexon Kraz Limited Edition 2019 Price, Features: Priced at Rs 7.62 lakhs the limited-edition vehicles has been launched to celebrate one lakh sales milestone of the model.
The twin steps — both heavy with symbolism — reflect the high stakes involved in Volkswagen’s ambitions to become the world’s electric-car leader just four years after the diesel-cheating scandal plunged it into the worst crisis in its history.
Ghosn, once one of the world's most celebrated auto executives, was arrested in Tokyo in November, and faces charges including improperly enriching himself at a cost of $5 million to the automaker.
The company is targeting its market in Delhi-NCR, Rajasthan, Punjab, Maharashtra, Uttar Pradesh and Haryana. The company is planning to make Evelot available pan India in the next two months.
On Monday, Maruti said it has reduced output by 34 per cent (y-o-y) during the month, its seventh consecutive month of production cut to align output with reduced consumer demand.