Car Prices

Maruti Suzuki total sales dip 4% year-on-year to 181,782 units in August

Maruti Suzuki India on Sunday reported a 4 per cent year-on-year decline in total sales in August at 1,81,782 units. The company had dispatched 1,89,082 units in the same month last year, Maruti Suzuki India (MSI) said in a statement. Total domestic passenger vehicle wholesales were at 1,43,075 units last month as compared with 1,56,114 units in the year-ago month, a dip of 8 per cent, it added. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,648 units last month as against 12,209 units a year ago. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis and Swift, declined 20 per cent to 58,051 units as compared with 72,451 units in the year-ago month. Utility vehicles, consisting of Grand Vitara, Brezza, Ertiga, Invicto, Fronx and XL6, clocked sales of 62,684 units last month as compared to 58,746 units earlier. Sales of Eeco were at 10,985 units last month as against 11,859 units in the year-ago period, while that of light commercial vehicle Supe

Renault's first-half sales rises on strong demand for hybrids in Europe

The company sold 1,154,700 vehicles globally compared to 1,133,478 units last year, with almost three-quarters of that volume going to Europe

Buying a car? Here are best loan rates by various companies

The EMIs you pay on the loan will vary significantly depending on the interest rate

M&M records sharpest intra-day fall in 28 months; stock slips over 7%

The stock slipped 7.3% to Rs 2,711.75 on the BSE in Wednesday's intra-day trade recorded its sharpest intra-day decline since February 14, 2022.

Tata Motors to increase price of commercial vehicle by up to 2% from July

This marks the second price hike this year, after the Indian automaker increased prices by up to 2% in March

Mahindra Scorpio N Adventure edition rolled out in South African market

The off-road-ready Mahindra Scorpio N Adventure edition has been launched in South Africa. However, there are no reports of Mahindra bringing it to India

Maruti to Honda: Check out new car prices, discounts for various models

Swift's price has been raised by up to Rs 25,000 and Grand Vitara Sigma variant by Rs 19,000

Car leasing player Avyens eyes 8-10 per cent fleet growth in 2024

Indian car leasing market comprises of approximately 90,000 vehicles. Projection of Ayvens aligns with rising trend of car leasing as businesses seek more flexible & cost-effective mobility solutions

Maruti Suzuki India hikes prices by around 0.45% across models from Jan 16

Maruti Suzuki price hike: The company's announcement followed as several automakers have announced that they will increase prices due to rising input costs and other factors

Volvo Car India to hike prices up to 2% from Jan due to rising input costs

Volvo Car India on Thursday said it will increase prices up to 2 per cent from January 1, 2024. The decision to raise prices is on account of rising input costs and volatile foreign exchange rates, the automaker said in a statement. "The decision to adjust prices is in response to evolving market dynamics, forex exchange rate fluctuations, and rising input costs," Volvo Car India MD Jyoti Malhotra said. The price hike aims to maintain a crucial balance, ensuring the continued delivery of high standards and the best driving experiences and reaffirming Volvo's commitment to uncompromised quality and safety, Malhotra added. Volvo established its presence in India in 2007 and currently markets products through 24 dealerships in the country.

M&M to hike prices of passenger, commercial vehicles from Jan 2024

Mahindra & Mahindra on Wednesday said it will hike prices of its passenger and commercial vehicle model range from January next year. This adjustment is in response to the rising costs due to inflation and increased commodity prices, the company said in a statement. The company has made efforts to absorb as much of these additional costs as possible. However, a portion of this increase will be passed on to customers, it added. The extent of the price increase will vary across different SUVs and commercial vehicles, the automaker stated.

Honda Cars to increase prices of its entire model range from January

Honda Cars India plans to increase prices of its vehicles from January in order to partially offset the impact of riding input costs, according to a senior company official. The Japanese carmaker sells three models -- Elevate, City and Amaze -- in the Indian market. In an interaction with PTI, Honda Cars India Vice President (Marketing and Sales) Kunal Behl said the company will increase the prices of its models from next month due to pressure on input costs. "The model-wise amount of increase will be finalised by the end of this month. Our new model Elevate which was launched at an introductory price has been well received by the market with very high customer consideration. The introductory price will be valid till December 23 and price will be revised from January 2024," he noted. Maruti Suzuki, Mahindra & Mahindra and Audi India have also announced plans to hike prices of their passenger vehicles in January 2024 citing reasons, including cost pressure driven by overall ...

After Audi, Maruti Suzuki to hike prices of its cars from January 2024

Maruti Suzuki, India's largest carmaker, did not mention the quantum of price hike

India lags peers in cost of electric vehicle ownership compared to ICE cars

EVs here cost 25% less as against 50% in the US, 41% in France and 29% in Germany

Honda to hike City, Amaze prices from Sept to offset impact of input costs

Honda Cars India on Tuesday said it plans to increase vehicle prices from next month in order to partially offset the impact of rising input costs. The automaker currently sells two models -- City and Amaze in the domestic market. "We have been trying to absorb accumulated cost pressures as much as possible. We will carry out a price revision on City and Amaze from September to partially offset the impact of increasing input costs," Honda Cars India Vice President (Sales and Marketing) Kunal Behl told PTI. The company is currently deciding on the quantum of the price increase, he added. Currently, price of compact sedan Amaze starts from Rs 7.05 lakh, mid-sized sedan City from Rs 11.57 lakh and City e:HEV (hybrid) from Rs 18.89 lakh (ex-showroom).

Mercedes-Benz to increase prices by Rs 2-12 lakh across models from Apr 1

Luxury carmaker Mercedes-Benz India on Thursday said it will increase prices of its vehicles ranging between Rs 2 lakh to Rs 12 lakh across different models from April 1, to offset rising input costs specially the adverse impact of foreign exchange. This will be the second time in three months that the company is increasing prices of its vehicles. The ex-showroom price of the company's model range will increase by up to 5 per cent from April 1, 2023, the company said. Mercedes-Benz India Managing Director & CEO Santosh Iyer told PTI that the company has been tracking the Euro and the Rupee has depreciated against it in the past few months. "In October it (Euro) was around 78-79 (to a Rupee) and now it is at 87. It is really putting pressure and if we don't take this proactive step now, it will deteriorate our overall business model in India," he said. As a result, from April, prices of the company's A-Class limousine will go up by Rs 2 lakh and GLA SUV by Rs 7 lakh for the top-end

Renault India to hike prices across models from Jan to offset input costs

Carmaker Renault India on Wednesday said it will increase the prices of its vehicles across models from the next month to partially offset rising input costs. The company -- which sells small car Kwid, multi-utility vehicle Triber and compact SUV Kiger with prices ranging from Rs 4.64 lakh to Rs 10.62 lakh -- however, did not disclose the quantum of its impending price hike. "Reasons for the price hike are to partially offset the impact of constant increases in input costs largely driven by pricier commodities, fluctuations in foreign exchange rates, inflation and also due to regulatory obligations," Renault India said in a statement. The company asserted that India is a key market for it and has a long-term strategy to grow the brand with plans to "bring several new innovations in products and services for the diversified Indian customers". Together with launching products of global repute, the company said, "Renault has a strong 'India strategy' with a heavy emphasis on localisat

Why is it not a good time to buy a car?

Indian auto sector has shrugged off the pandemic blues with fancy models, especially SUVs. But if you are planning to book your car during this festive season, think again. This report tells why

Mahindra to unveil Scorpio Classic's price tomorrow; check details here

According to a media report, the new and updated SUV comes with a restyled front bumper, Mahindra's 'twin-peaks' logo, and new LED DRLs

Maruti Suzuki to launch new Alto K10 on Thursday; check design, features

After almost a decade since the current model was introduced, the new Alto K10 is receiving a big update.