Page 73 - Automobile Industry

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

Smaller, cheaper vehicles take centre stage amid economic slowdown

Revenue break-up of car makers also suggests that buyers are now changing their cars less frequently, compared to the past

Sales recovery 'tactical' due to pent-up demand, not sustainable: MG Motor

Recovery seen in auto sales in the past couple of months is not a sustainable one and there is a question mark on how the industry would fare next year as the sector is hugely linked to the economy

Kia Motors looks to ace SUV segment in India with Seltos and Sonet

South Korean automaker Kia Motors is vying for the top slot in the high selling entry-level, mid-SUV segments in India with Seltos and Sonet generating robust volumes for the company, according to a senior company official. The company, which reported its highest-ever retail sales in the country in September, has already raced to number one position in the sub-four meter compact SUV segment last month with its newly launched model Sonet dominating the segment. Kia sold 9,266 units of Sonet in September thus getting the better of the likes of Hyundai Venue and Maruti Suzuki Vitara Brezza. Similarly, it sold 9,079 units of Seltos last month to take the second spot behind Hyundai Creta which sold 12,325 units. "We are now present in both SUV low and mid segments with Sonet and Seltos and we would be market leaders in both of them," Kia Motors India Vice-President & Head Marketing and Sales Manohar Bhat told PTI. Both the models are high on design and features and come with wide range

Royal Enfield's total sales increase 1% to 60,041 units in September

Motorcycle maker Royal Enfield on Friday reported a 1% increase in its total sales at 60,041 units in September