Page 73 - Automobile Industry

Pent-up demand, rural growth bring Maruti Suzuki back in recovery lane

The company remains cautious on full-fledged recovery, given concerns over a second wave of Covid-19

Japan automakers post 2.1% dip in Sep global sales on subdued demand

Japanese automakers saw a 2.1% drop in global vehicles sales in September compared with a year earlier as the coronavirus pandemic continued to hurt demand even as factories and dealerships reopen

VW recalls over 218,000 Jettas to fix fuel leaks that can cause fires

The recall covers certain cars from the 2016 through 2018 model years

Festive boom: Mercedes-Benz delivers 550 cars during Navratri, Dussehra

German luxury carmaker Mercedes-Benz on Monday said it delivered 550 cars during Navratri and Dussehra thus driving into a robust festive season. The deliveries were in Mumbai, Gujarat, Delhi NCR and other Northern markets. The festive season deliveries in the Delhi-NCR region stood at 175 units and there is anticipation of strong demand for upcoming Diwali and Dhanteras period, Mercedes-Benz India said in a statement. Commenting on the performance, Mercedes-Benz India Managing Director & CEO Martin Schwenk said, "the festive season this year has begun on a very strong note and we are glad to witness this positive customer sentiment." He further said, "this impressive number of deliveries makes us confident of a good festive season and firmly underlines the trust and confidence that luxury car buyers have on Mercedes-Benz brand and products." On the outlook, he said, "we are confident of further driving this momentum for the rest of the festive period and the quarter. We have an .

Faced with declining sales, auto firms see room for growth via rent-a-car

But final cost of leasing may outrun cost of ownership

World's fastest car at 508 kmph in pics: Things to know about SSC Tuatara

The SSC Tuatara is a hypercar designed, developed and manufactured by American automobile manufacturer SSC North America. It recently broke all records to become the world's new fastest car

At 508 kmph, reptilian SSC Tuatara hypercar is the world's fastest car

Formed in 1998, SSC is among the most obscure automakers in the world

Recovery eludes bus sales as schools, public transport remain shut

Sales of heavy duty and light buses reported a steep decline of 95.31 per cent and 82.48 per cent respectively in the first half of the current year over the corresponding period

Frequent policy changes, taxes hurting luxury car market: Audi India head

Cars priced above Rs 25 lakh account for a per cent in India's 3 million-car market and share has remained unchanged over the last five years

Auto firms kick-start Navratri with higher deliveries than last year

Number could have been higher had it not been a Saturday, say dealers. Last day of the week seen as inauspicious by many and people tend to avoid buying items made of iron

Jaguar Land Rover's new chief plans deep cuts to product line-up

Six current and planned models face the axe, including electric XJ saloon

Maruti to launch 1 SUV every 6 months till 2023, strengthen pole position

First off the block will be a new multi-purpose vehicle (MPV) which is being co-developed with Toyota - Suzuki's alliance partner. The model will also wear a Toyota badge

TVS Motor's Apache motorbike brand crosses 4 million sales milestone

TVS Motor Company said its premium motorcycle brand Apache has crossed 4 million sales mark across domestic and international markets

Maruti Suzuki reports 26% rise in production to 166,086 units in September

The company had produced a total of 1,32,199 units in the same month last year, Maruti Suzuki India (MSI) said in a regulatory filing

Harley fails, Hyundai triumphs: India's auto market is unlike any other

The problems: taxation system favours smaller cars, expat CEOs don't always understand business landscape

Best of BS Opinion: Clearing dues from govt, India's auto market & more

Here's a selection of Business Standard opinion pieces for the day

Yamaha Motors expects sales momentum to continue in festive season

Two-wheeler maker Yamaha Motor India on Tuesday said it expects sales to remain strong during the festive season having already witnessed growth in offtakes in the last three months

In quest for greener vehicles don't scare away the existing auto investors

Of late, government policies for the automobile sector have been in the news more for dissuading existing players than encouraging them to invest more

Best of BS Opinion: Economic slowdown, auto sector recovery, and more

Here's a selection of Business Standard opinion pieces for the day

Hyundai's Chennai factory made more cars than China unit in 2019

This despite the installed capacity in Chennai being just about half that of Beijing