Page 74 - Automobile Industry

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

Maruti Suzuki's total sales grow 31% in September to 160,442 units

The country's largest carmaker Maruti Suzuki India (MSI) on Thursday reported a 30.8% increase in total sales at 160,442 units in September

Morris Garages Motor reports 3% decline in retail sales in September

MG Motor India on Thursday said it has recorded 2.72 per cent decline in its September retail sales at 2,537 units

Bajaj Auto reports 10% jump in September vehicle sales at 441,306 units

Bajaj Auto on Thursday reported a 10 per cent increase in its total vehicle sales at 4,41,306 units in September.

How to revive auto and telecom sectors

Illustrative action in key economic areas

Beijing Autoshow: Great Wall to boost overseas sales to ease overall drop

BEIJING (Reuters) - Great Wall Motor <601633.SS> aims to boost overseas sales this year, an official at China's top pickup truck maker said on Saturday, helping to ease an overall drop caused by COVID-19.

Beijing Auto show: Demand rebound, EV boom mix with murky outlook

China's auto sales rose 11.6% in August from a year earlier, the fifth straight rise after plunging on coronavirus lockdowns

'Automobile sales growth would sustain going ahead': Kansai Nerolac MD

As the paint company completes 100 years of operations, Bharuka highlights that it would continue to maintain its leadership position in the industrial paints segment going ahead

Harley to GM, India's auto market remains elusive for most global firms

Over the last three years, at least three global brands - Harley-Davidson, being the latest - were forced either to exit or scale down their operations

Harley Davidson exit to impact around 2,000 jobs across dealerships: FADA

With a luxury brand like Harley, setting up its dealership costs anywhere between Rs 3-4 crore, and with a total of 35 dealerships, Rs 110-130 crore will go down the drain, Gulati said

Covid impact: Global automakers pin hopes on China's recovery by 2022

The world's biggest car market since 2009, China can still grow for the foreseeable future because of its relatively low penetration and expanding middle class

Ashok Leyland banks on the Phoenix to expand biz in India, global market

Launches on a platform developed entirely in-house is the commercial vehicle maker's weapon of choice to expand domestic market share and develop new global markets

Toyota launches compact SUV Urban Cruiser, price starting at Rs 840,000

Toyota Kirloskar Motor (TKM) on Wednesday launched its youngest SUV, the all-new Toyota Urban Cruiser, to strengthen its offerings in the segment. The Toyota Urban Cruiser is the second model to be launched in India under the global Toyota-Suzuki alliance following the the premium hatchback, the Toyota Glanza. Priceranges fromRs 840,000 to Rs 11,30,000 (Ex- showroom, Delhi), the company said in a statement. 'Dual Tone', available only in the premium variant of both MT & AT options, are priced atRs 998,000 and Rs 11,55,000, respectively, it was stated. The compact SUVis powered withK-Series 1.5 litre, four- cylinder petrol enginewithchoice of Manual Transmission (MT)/Automatic Transmission (AT), the statement said. AllAT variantsare equipped withadvanced lithium-ion battery with integrated starter generator comprisingtorque assist function, idle start stop function, brake energy regeneration function for enhanced fuel efficiency, the company said.

6 months after lockdown: Covid-19 impact on economy likely to be long-term

From when the lockdown was imposed on March 24, the number of Covid-19 cases has shot up from 500 to almost 5.6 mn

Covid-19 impact: Worst over, but auto, retail, real estate still ailing

These sectors account for nearly a fourth of India's GDP

Wanted: Ear to the ground

The government needs to listen to business