Page 3 - Carmakers In India
Passenger vehicle makers cheer as sales jump in month-long festival season
Deliveries of market leader Maruti Suzuki India rose to 190,000 units compared to 130,000 units last year
 "Passenger vehicle makers cheer as sales jump in month-long festival season")
Macro issues not impacting demand: Mercedes India CEO Martin Schwenk
With the launch of the EQB by year-end, Mercedes will have a portfolio of four EVs. It expects a fourth of its sales in India to come from electric in the next five years
 "Macro issues not impacting demand: Mercedes India CEO Martin Schwenk")
Honda Cars eyes comeback with a slew of new SUVs across multiple segments
Firm kick-starts feasibility study on a pure electric model
 "Honda Cars eyes comeback with a slew of new SUVs across multiple segments")
Top cars to be launched in India this Sept, just ahead of festive season
From Hyundai Motors to Maruti Suzuki and Toyota, all major market players will be ramping up their SUV offerings, giving consumers a variety of options
 "Top cars to be launched in India this Sept, just ahead of festive season")
Ford India offers final severance package for Chennai unit employees
It is on average equivalent to 130 days of gross wages per completed year of service, firm says
 "Ford India offers final severance package for Chennai unit employees")
Maruti Suzuki aims to win over SUV buyers with enhanced version of Alto
India's biggest carmaker hopes to arrest this trend by targeting young buyers in large cities with its new Alto which is bigger than its predecessor
 "Maruti Suzuki aims to win over SUV buyers with enhanced version of Alto")
Want to buy a Mahindra XUV700? Your waiting time might be 22 months
The Mumbai-based $15.8 billion cars-to-factory equipment conglomerate took the wraps off its Scorpio-N late Monday, an automobile it bills as the "Big Daddy of SUVs"
 "Want to buy a Mahindra XUV700? Your waiting time might be 22 months")
Toyota, Suzuki to deepen ties for production, net-zero commitments in India
Japanese auto majors Toyota and Suzuki on Friday said they will deepen their collaboration in the fields of development and production in India
 "Toyota, Suzuki to deepen ties for production, net-zero commitments in India")
Tesla puts India entry plan on hold after deadlock on tariffs: Report
Tesla had set itself a deadline of Feb. 1, the day India unveils its budget and announces tax changes, to see if its lobbying brought a result, the sources with knowledge of the company's plan
 "Tesla puts India entry plan on hold after deadlock on tariffs: Report")
Failure to provide airbag system should be subject to punitive damages: SC
Failure of a car manufacturer to provide an airbag system should be subject to punitive damages which can have a deterrent effect, the Supreme Court has said.
 "Failure to provide airbag system should be subject to punitive damages: SC")
No easy rides: Why is India becoming a graveyard for world's auto majors?
India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, writes T N Ninan
 "No easy rides: Why is India becoming a graveyard for world's auto majors?")
Ford leaves India, prompting question about capital intensity and industry
The higher the capital intensity the fewer the number of companies an industry is able to support.
 "Ford leaves India, prompting question about capital intensity and industry")
India's top carmaker sees hydrogen as 'interesting alternative'
Demand for lithium for batteries is soaring as governments across the world push automakers to meet stringent targets for cutting carbon emissions
 "India's top carmaker sees hydrogen as 'interesting alternative'")
Maruti Suzuki ties up with three firms for production of oxygen generators
The company said that as part of that, it has been able to increase the output levels of oxygen generators by over 10 times.
 "Maruti Suzuki ties up with three firms for production of oxygen generators")
Maruti Suzuki India to hike prices from Jan 18 to tackle higher costs
The firm will raise prices for some car models due to a rise in some input costs
Maruti Suzuki sales rise 20 per cent to 160,226 units in December
The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported a 20.2 per cent increase in sales to 160,226 units in December
 "Maruti Suzuki sales rise 20 per cent to 160,226 units in December")
Hyundai India net profit grows 21.5% in 2018-19 despite slow down
The company achieved its highest ever wholesale sales volume--of 52,001 units--in October 2018.
 "Hyundai India net profit grows 21.5% in 2018-19 despite slow down")
Auto sector welcomes PM Modi's assurance on internal combustion engine cars
India's automobile industry is facing one of the most prolonged slowdowns in two decades. Sales have been in a slow lane for a year
 "Auto sector welcomes PM Modi's assurance on internal combustion engine cars")
Carmakers dole out hefty year-end discounts to liquidate unsold stocks
Passenger vehicle sales in India remained under pressure in November, with the industry posting a decline of more than 3% in the same month
 "Carmakers dole out hefty year-end discounts to liquidate unsold stocks")
For auto players, more than one brand in showrooms is a risky business
Carmakers can pull off multiple brands with success but only if the driving dynamics differ greatly leaving the buyer with an experience that leaves no confusion
 "For auto players, more than one brand in showrooms is a risky business")
