Page 2 - Suv

No new EV facility planned beyond Chakan plant: Mahindra & Mahindra

Company will roll out Born EVs from Chakan plant by 2025

Hyundai launches new Alcazar; SUVs now account for 67% of its overall sales

Hyundai Motor India on Monday said its sports utility vehicle portfolio accounts for 67 per cent of its overall sales, surpassing the industry average of 53 per cent. The company, which on Monday introduced a new version of its seven seater SUV Alcazar, said SUV sales continue to see an upward trend in the country. "As India's love for SUVs grows, our SUV penetration continues to grow. Presently, our SUV penetration stands at 67 per cent, far surpassing the industry average of 53 per cent," Hyundai Motor India MD Unsoo Kim told reporters here. The company's midsize SUV Creta, whose latest version was introduced earlier this year, has already surpassed the milestone of one-lakh-unit sales mark, he added. The automaker remains committed to providing sustainable and convenient mobility solutions, Kim said. The new Alcazar comes in both petrol and diesel trims. The price of petrol variants starts at Rs 14.99 lakh while that of diesel commences at Rs 15.99 lakh (ex-showroom Delhi).

Tata Motors launches new Curvv SUV Coupe; priced at Rs 9.99 lakh

With its introductory pricing set to attract a wide range of consumers, the Tata Curvv will challenge established players like Hyundai Creta and Kia Seltos in the mid-SUV segment

Maruti Suzuki commences export of Made in India SUV Fronx to Japan

Maruti Suzuki India on Tuesday said it has commenced export of its sports utility vehicle Fronx to Japan. The first consignment of over 1,600 vehicles left for Japan from Gujarat's Pipavav port, the country's largest carmaker said in a statement. Fronx will be the first SUV from Maruti Suzuki stable to be launched in Japan, it added. The company rolls out the model exclusively from its Gujarat plant. Fronx is the second model from Maruti Suzuki to be exported to Japan, after Baleno in 2016. Suzuki Motor Corporation, which owns around 58 per cent stake in Maruti Suzuki, plans to introduce Fronx in the Japanese market later this year. "Japan is one of the most quality-conscious and advanced automobile markets in the world. Our export to Japan is a testament to Maruti Suzuki's capability to manufacture world-class vehicles that exemplify cutting-edge technology, exceptional performance, internationally recognised safety, and quality standards," Maruti Suzuki India MD & CEO Hisashi .

Delhi police opposes bail for 'mastikhor' driver in coaching centre deaths

Coaching centre deaths: SUV driver was arrested after CCTV footage showed the vehicle speeding by the centre causing the gate to break and water to flow in

Changing gears: India's growing love for SUVs key to Hyundai's success

The SUV segment in India is expected to grow at a CAGR of 7% to 9% from FY24 to FY29

Will continue to expand SUV offerings to recover mkt share in India: Suzuki

Japanese car maker Suzuki Motor Corporation on Monday said it will continue to expand SUV portfolio in India to recover its overall market share in the passenger vehicle segment. The company, which currently has around 58 per cent stake in Maruti Suzuki India, said its net sales increased by 732.6 billion yen (15.8 per cent) year-on-year to 5,374.3 billion yen for the last financial year. Operating profit increased by 115 billion yen (32.8 per cent) YoY to 465.6 billion yen. "We will continue to promote the expansion of our SUV models (in India) and aim to recover our total passenger car share," Suzuki Motor Corporation said in a statement. Currently, Maruti Suzuki sells SUV (sport utility vehicle) models like Brezza, Jimny and Grand Vitara in the domestic market. The company's market share has come down to around 42 per cent from over 50 per cent a couple of years back in the domestic passenger vehicle segment on account of limited options in the SUV segment. With the market dem

Stuck in neutral? Tata Motors' upsides may sputter on demand worries

Automaker optimistic despite current roadblocks, banking on economic growth and government support to accelerate progress

M&M aims to be among top 2 players in compact SUV section in 3 years

Mahindra & Mahindra Ltd on Monday said it wants to be among the top two players in the compact SUV section in the next three years. At the unveiling of its compact SUV here on Monday, M&M Executive Director and CEO for auto and farm director Rajesh Jejurikar also said that the company anticipates growth in the mid-to-high teens in its SUV volumes. Earlier, M&M Ltd unveiled its compact segment SUV, XUV 3XO, at a starting price of Rs 7.49 lakh. In the sub-four-metre compact SUV monocoque, which is a direct relevant segment for the company, out of six lakh, "we are number 5 in the segment and the next three years we want to be number 1 or number 2," he said. Stating that this segment will also grow amid a rapidly growing SUV market, he said, "We are staying with the comment (that) we made in the last result call. In FY 25, we want to grow in the mid-teens." "We have focus on products and waiting to get everything right on 3XO." "That size is of six lakhs. We will have to look

Xiaomi locks in over 75K orders for SU7, targets 10K deliveries in June

The delivery target sets a record for an electric vehicle (EV) startup, Lei said during an event on the first media day of the Beijing auto show

Delhi Police recover stolen SUV of BJP chief JP Nadda's wife; two arrested

According to the police, the Fortuner car of JP Nadda's wife Mallika Nadda was reported stolen from the Govindpuri area in Delhi on March 19

Craze for SUVs too shall pass in years to come: Maruti's R C Bhargava

Maruti Suzuki India Limited is India's largest carmaker with about 43 per cent volume share

Maruti India's gearshift to growth: Turbocharging the product portfolio

Brokerages foresee smooth ride for passenger vehicle maker, with SUV dominance, EV entry on the horizon, and Suzuki Motor Gujarat consolidation

Volkswagen Group's Skoda eyes larger share in India with new small SUV

Volkswagen and Skoda, which form the bulk of sales for the Volkswagen Group, have a 2.2% market share in India

SUV share in total PV sales may rev up to 62% by FY25, says CRISIL

PV sales to grow by 5-7 % in 2024-25: Crisil

Maruti Fronx clocks 100,000 sales milestone in passenger vehicle segment

Maruti Suzuki India on Wednesday said its model Fronx has crossed the 1 lakh sales milestone in the domestic passenger vehicle segment in record time. The model has crossed the milestone in 10 months, setting a new industry benchmark, the car market leader said in a statement. Maruti Suzuki India (MSI) had introduced Fronx in the domestic market on April 24, 2023. "Fronx was strategically added to our portfolio to address the growing demand for another compact SUV that blends distinctive design with a captivating driving experience," MSI Senior Executive Officer (Marketing & Sales) Shashank Srivastava said. The model has been instrumental in more than doubling the company's SUV segment share to 19.7 per cent last year from 10.4 per cent in 2022, he added. MSI has also commenced exports of the Fronx for Latin America, the Middle East, and South-East Asian markets. So far, the company has exported over 9,000 units of the model to these markets.

Lamborghini topped 10,000 sales last year for first time: CEO Winkelmann

The carmaker, a subsidiary of Germany's Volkswagen , delivered a total of 10,112 sports cars and SUVs last year, up from over 9,200 vehicles in 2022, a slide attached to Winkelmann's post showed

MG Motor launches Astor 2024 SUV with AI assistant, starting at Rs 9,98,000

The MG Astor 2024 boasts to be the most advanced SUV, with in-built personal AI assistant

Tata Motors set to launch India's most-affordable electric SUV: Details

Automaker setting up exclusive electric vehicle retail showrooms under new brand identity, Tata.ev

Kia India eyes 10% growth in sales volume next year: MD & CEO Tae-Jin Park

Park, however, anticipates the overall domestic passenger vehicle (PV) sales in the industry to stay "flat" in 2024, as demand primarily exists for sport utility vehicles (SUVs)