Car News in India

General Motors India Limited, owner of Chevrolet cars, will increase the prices of entire range of Chevrolet cars in India by up to Rs 10,000 from first week of next month. The company has announced that they will hike car prices very soon in addition to offset the raise in logistic costs following increase in diesel prices. At present the company includes entry level hatchback Chevrolet Spark to luxury SUV Chevrolet Captiva in its stable which now will see a price hike from first week of June....  Continue Reading

Cars have started piling up in stockyards of car makers, dealers are facing the heat of a slowdown and overall auto sales in India are down by up to 8 percent. This is what Indian auto industry is today. Looking at the recent sales reports made public by car makers including Maruti, Hyundai, Tata, Toyota and others, it seems that none of these managed to enter into the positive side of sales in April this year. Already, the industry has faced the worst ever fall in sales in a decade. Mahindra too had posted sales to be up by only 2 percent and except Mahindra Quanto all its cars have....  Continue Reading

Inflation, input costs and overall slowdown in the industry is forcing car makers to give a hike to car prices. It is after having seen these factors affecting margins for months altogether, car makers such as Hyundai and Honda have already increased the price of their cars from April 1. Continuing the trend, Mahindra is also soon to increase the price of its cars by up to 2 percent, this will be the first hike by the car make in this financial year. Car industry experts believe that the trend of rise in prices of cars will continue if the present slowdown in sales also continues. Thus,....  Continue Reading

April is a month marked by price rise and new car releases. Hyundai Motors which is the second largest car manufacturer in the country has also increased the price of all its cars. The increase in prices is in the range of Rs 575 to Rs 2,830 across all the models and thus it is not a big change in the prices. Right from Hyundai EON to Hyundai Santa Fe, the prices have been increased irrespective of the diesel or petrol variant. Meanwhile, Hyundai has registered 12.3 percent growth in exports for the month of March 2013....  Continue Reading

This should happen and it will spread like a viral across the car market. The Union Budget proposals have made the luxury cars costlier and the impact of it will be felt from April 1. Following the compulsory price rise, once the number one luxury car maker Mercedes Benz will be increasing the price of its locally assembled cars by 1 percent to 4 percent starting next month. Right from the Mercedes Benz B Class to the costliest  Continue Reading

If there is any good time to buy a car it seems to be now. Lots of offers and lot of discount is what is there to put some momentum in the market. But the good days such as there are not going to last long as Maruti, Hyundai and Honda cars are soon to get a price appraisal soon. Sources inform that as there is OBD (on board diagnostics) and freight charges revision from April 1 and so this will result in the increase in the price of cars. Where Honda and Hyundai have already said that the increase in burden will be shifted to the car buyers Maruti is still assessing the hike needed. Thus....  Continue Reading

The Indian car industry is in all probability will have a dark Diwali, not pitch dark though. The dwindling sales of Maruti Alto, Hyundai Eon due to petrol price rise could be seconded by the slide in sales of Maruti Swift and Maruti Swift Dzire besides other diesel cars. The diesel price hike seems to have....  Continue Reading

Toyota car prices is to see the second increase in the year 2012, it will be up by 1.5 percent depending on the car model. The new prices will be effective from September 1, 2012. In June 2012, the company raised its diesel car prices by 1 per cent on account of the rupee depreciation. This time as well it is the same reason. Now it seems obvious that the upgraded Toyota Camry, to be launched on 24th August, will be priced a bit more. As a result of the price hike, Toyota cars like  Continue Reading

Some cars are owners pocket friendly while some cars dig a hole in the pocket. A remembrance of the past unveils that the Maruti 800 was tagged as a car that need no repairs for the many years and the owner need not open the bonnet to check the levels. This was the level of dependability and credibility that the Maruti 800 had earned for itself and this is the reason why it became the best selling car in India. However, more attractive offering have replaced it and thus it is dying slow death. A new avatar though is in the....  Continue Reading

If you are a new car buyer and wish to have the new Mahindra Verito or any other car as your first car, research well before going in for auto loan. As some of the banks are offering lower interest rates while some stick to their normal rates. A recent report has revealed that a major private bank in India has denied any immediate reduction in the auto loan interest rate. Notably, as soon as the State Bank of India has announced a rate cut of 0.50 percent in the interest rate, it was believed that the other car....  Continue Reading

Skoda Auto India has announced a 1% to 1.8% price increase across its product range effective early August 2012. The revised pricing is a result of increasing input prices and volatile exchange rates. This new price hike will be seen in all its car models starting from Skoda Fabia to Skoda Yeti. Although, despite the challenging market environment which has dampened the sentiment across the auto industry, Skoda Auto India registered a growth of 89% in June....  Continue Reading

The SUV segment in India seems to be the most happening segment now. Following the recent entry of Renault Duster and the earlier than expected entry of Ford EcoSport and Maruti XA Alpha soon, expect it to be hot hotter and hottest even more than the sedan or hatchback car segment. So what is that is pushing the SUV sales in India that has led to a 16 percent growth in sales in....  Continue Reading

At a time when the government mulls over a special tax on diesel cars in India and also wants to curb the rising use of diesel in cars, there is an urgent need of a feasible solution. If it adopts the first option, prices of diesel cars such as Chevrolet Beat Diesel, Mahindra XUV 500 or similar other diesel cars will increase. Similarly, it cannot increase the diesel price suddenly to bridge the gap of....  Continue Reading

The government seems to have decided to give a major jolt to the Indian car industry. Already reeling under immense setback to sales due to the petrol price rise, the government is thinking of imposing special tax on diesel cars. It is expected that small diesel cars such as Maruti Swift or Nissan Micra will be dearer by Rs 1.70 lakh while Maruti Swift Dzire,  Continue Reading

It is expected that with the fall in crude price globally, petrol price in India could see a decrease of Rs 2 per litre this week. With this, the heavy (or say mammoth) discounts on Maruti cars and Honda cars in India will start showing up some results. Recently in order to do minimize the effect of petrol price rise, Maruti has doled out heavy discounts on all its petrol and selected diesel cars. As per the so called Monsoon Offer,  Continue Reading