Page 3 - Car Prices

Kia India reports 18% surge in car sales in the month of April

Kia India on Monday said its sales increased 18 per cent year-on-year to 19,019 units in April. The automaker had dispatched 16,111 units to dealers in April 2021. Seltos remained the top contributor to Kia's overall sales with 7,506 units, while Sonet and Carnival contributed 5,404 and 355 units, respectively. Launched in mid-February, Carens dispatches stood at 5,754 units. "Kia India has sold close to 20,000 units on an average, every month in 2022 and it has been a healthy year for us. The global automotive industry has been facing a tough phase battling supply chain woes since the Covid-19 pandemic started in 2020," Kia India VP and Head of Sales & Marketing Hardeep Singh Brar said in a statement. The company has been receiving an overwhelming demand for its vehicles, and it is optimising production consistently to keep the waiting period in check, he added. "At Kia India, we believe in evolving ourselves consistently, and hence we are bringing the most hi-tech Kia ever made

Top headlines: India detects Omicron cases; carmakers prep for price hikes

Some experts say the way forward in fight against the coronavirus is to mix vaccines. More on that in our top headlines this morning.

Driving a hard bargain on car price may be difficult this Diwali

But even in a seller's market, some tricks like selling your car instead of exchanging it, and buying a less popular colour, can help you save money

Tata Motors to hike commercial vehicle prices by around 2% from Oct 1

The continued rise in the cost of commodities is the reason for price hike, says the CV maker

BMW, Daimler may keep up prices even after chip shortage crisis

Automakers Daimler and BMW are planning to limit the volume of premium models they ship even as chip shortages wane across the industry

Car review: Taigun plays it smart, but pricing will have its say

Volkswagen's new SUV is set to lock horns with half a dozen rivals

Maruti Suzuki hikes prices by up to 1.9% due to increase in input costs

The country's largest carmaker Maruti Suzuki India on Monday said it has increased prices of its entire product range, except Celerio, by up to 1.9 per cent with immediate effect

Maruti Suzuki to hike prices across models from Sept; stock rises 2.9%

The hike could be steeper than last three rounds, pushed by an exponential increase in prices of raw materials such as steel and copper, analysts said

'Bumper-to-bumper' insurance: HC order to make cars costly, say experts

If the order is implemented, it will lead to an increase in the insurance outgo for car owners by a minimum Rs 50,000 for car and a minimum of Rs 7,000 for two-wheeler owners

Maruti Suzuki India to hike prices in Jul-Sep qtr amid rise in input costs

The country's largest automobile maker Maruti Suzuki India (MSI) on Monday said it will hike prices of its cars in the second quarter of the current fiscal due to increase in the input costs

Maruti Suzuki hikes prices by up to Rs 22,500 to offset input costs

Barring Celerio and Swift, all the models of the company will be covered under the price increase exercise

Maruti Suzuki Q3 net profit zooms 24% to Rs 1,941.4 crore on higher sales

Can't raise prices despite higher production cost, says firm

Mahindra & Mahindra hikes prices of personal, commercial vehicles by 1.9%

Mahindra & Mahindra (M&M) on Friday announced hike in prices of its range of personal and commercial vehicles by around 1.9 per cent with immediate effect. Mahindra & Mahindra (M&M), part of the USD 19.4 billion Mahindra Group, will raise the prices of range of personal and commercial vehicles by Rs 4,500 - Rs 40,000, depending on the model and variant, the Mumbai-based automaker said in a regulatory filing. M&M said in the case of new Thar, the current price increase will be effective for all bookings done between December 1, 2020 and January 7, 2021. All fresh bookings for the new Thar, effective January 8, 2021, will have prices as applicable on the date of delivery, the company added. Veejay Nakra, CEO Automotive Division, M&M said the price increase was necessitated due to unprecedented increase in commodity prices and various other input costs over the past many months. "We have made all efforts to reduce our costs and deferred price increase for a ...

M&M hits 52-week high on price hike of personal, commercial vehicles

The price will increase by around 1.9 per cent, resulting in an increase of Rs 4,500 - Rs 40,000, depending on the model and variant

Skoda looking to hike car prices by up to 2.5 per cent from Jan 1

European car manufacturer Skoda on Tuesday said it is looking to hike car prices by up to 2.5 per cent from January 1, 2021 in view of increasing production costs

Price hikes to dampen recovery prospects for Indian automakers: Fitch

Hikes come at a time when boost in some categories from pent-up demand and festive spending fades, and the economic impact from the pandemic reasserts itself, rating agency says

Toyota to Kia Motors: Companies toe thin line on BSVI diesel pricing

Tata Motors and Mahindra & Mahindra may not sharply jack up prices for their BS-VI line, matching strategy adopted by rivals.

Hyundai joins Maruti, Tata in increasing car prices from January

The increase has been necessitated on account of rise in input and material costs, Hyundai said

Maruti to hike prices from Jan; M&M, Toyota, Mercedes may follow suit

Other car manufacturers such as Toyota, Mahindra & Mahindra and Mercedes-Benz said they are also contemplating a similar move

The drive now is to invest in existing customers: Audi India Head

In an Interview with Pavan Lall, Audi new India head Balbir Singh Dhillon talks about his company's plans to increase its market share