Car News in India

The Indian automotive industry has mugged through the various upheavals during the previous year including the shift in the buyer’s preferences. The market share of the compact passenger cars has been declined below 50 percent with the significant the fall in the sales. The domestic entry-level compact car segment has reported the fall of 47 percent market share and sales by 0.07 percent that include Maruti Alto, Maruti Wagon R,  Continue Reading

In an attempt to boost sales of its petrol cars in India, Maruti India has reportedly increased the dealer margin on petrol cars by 8-10 percent. The move was taken primarily due to the recent decrease in sales of Maruti cars in India and the consequent dip in share to over 40 percent in the domestic market. Maruti has increased the dealer’s share on significantly on Maruti A-Star,  Continue Reading

According to an auto-industry source, the annual domestic car sales is expected to fall in FY’12, very first time in the history of last seven year. The sale of last month doesn’t meet the expectations of the automotive experts. The Director General of the Society of Indian Automobile Manufacturers (SIAM), Vishnu Mathur has addressed to the media that the constantly increasing interest rates are adversely affecting the entire sales growth of the Indian automotive industry and doesn’t seem to come down quickly. The....  Continue Reading

In a bid to make the most of the high growth potential exists in the Indian auto market, the Germany based leading luxury car maker Audi is planning an aggressive expansion of its India operations with the launch of a series of new portfolio models and further enhancement of its dealership network. The company is aiming to take its per annum sales in India to as much as 50,000 units by year 2020. In calendar year 2011, the company managed to sell a total of 5,511 units of its cars in the Indian auto market, much lesser as compared to....  Continue Reading

Car Industry in India is heating up despite of a chilling weather in North India with inspiring sales registered in January. Recently, India’s largest car manufacturer Maruti India has reported a growth in sales in January after a back-to-back negative on the sales chart for eight months in a row. Following the pursuit Hyundai, Tata Motors and Japanese car maker Toyota have also celebrations in their pavilion after good figures on the car sales chart.   Auto Experts believe that if the current trend continues the next fiscal will be bringing much fatter sales. Notably, for....  Continue Reading

Tata Motors’ total sales (including exports) of Tata commercial and passenger vehicles in January 2012 were 87,465 vehicles, higher by 16% over January 2011. The company’s domestic sales of Tata commercial and passenger vehicles for January 2012 were 80,382 nos., higher by 14% over 70,475 nos., sold in January last year. Cumulative sales (including exports) for the company for the fiscal are 714,235 nos., a growth of 11% over 642,415 nos., sold last year. The passenger vehicles business reported a total sale and distribution offtake of 36,770 nos. (34,669 Tata + 2,101....  Continue Reading

The India’s leading passenger car manufacturer, Maruti Suzuki has reported a decent hike of 5.2% in vehicles sales for the month of January with the total sales of 115, 433 units. Company has struggled hard to get the lost track of success after the long labour strike at the Manesar plant along with the constantly increasing fuel price, interest rate and inflation. In order to gain this market reputation, the hatchback Maruti Suzuki Swift has played an....  Continue Reading

Toyota Kirloskar Motor, the joint venture of Toyota Motor Corporation and Kirloskar Group has reported the tremendous growth of the 89% for the month of January 2012. Company has celebrated the very first month of the year with total sales of 17, 395 units of cars, which was only 9, 187 units in previous year. The brand new array of Toyota Etios sedan and motor racing cars has tasted the great success across the world with the sales of 8, 874 units, especially the  Continue Reading

The third quarter financial report of the leading auto manufacturer ‘Maruti Suzuki India Limited’ (MSIL) has seen a downfall of 17.4 per cent with the Net Sales (net of excise) of Rs.76, 636 million, approved by the company’s Board of Directors. The changed dynamics of the company’s growth graph for the third quarter i.e. October to December (2011-12 Vs 2010-11) has disappointed the authorities. During this quarter, Maruti Suzuki has submitted the net profit of Rs.2, 056 million watching the decline of 63.3 per....  Continue Reading

Indian car Industry that has gone abysmally low on the sales front in the recent months has shown signs of comeback. If only the December sales are taken into account, there is an increase of 8.5 percent in the net sales compared to last year. However the road ahead seems not like a cakewalk as the increasing interest rates and increased costs due to devaluation of rupee could drag car sales in India down.   See More  Continue Reading

Audi is all set the Auto Expo show 2012 on fire with the launches of its many new vehicles. The show will go live from January 7 till January 11 at Pragati Maidan in the Capital. The company targets to sell 7500 units of luxury cars in the year 2012. Audi has evidently been the fastest growing International Auto brand in the year 2011. Looking on the popularity and performance of Audi in the Indian market, the company is anticipating success and hopefully would be able to achieve its goals of increased sales in 2012 – Mr. Michael Perschke, head of Audi India, told to the....  Continue Reading

Japanese car giant Nissan has registered a 44 percent increase in its sales in 2011 over year 2010. Nissan Micra is undoubtedly the achiever. Recently launched Nissan Sunny too did well and over 3663 units since September 2011. In December 2011 alone, Nissan was able to sell 1596 units compared to only 1104 units in the same month in 2010. The  Continue Reading

Mercedes Benz India seems to be going a big way as despite lukewarm economy and dim auto sector response, the company is able to clock a decent 30 percent growth compared to 2010. The sedan and SUV segments were the two that brought accolades for Mercedes-Benz. The Mercedes Benz C Class and Mercedes Benz E Class were the ones that stood first and second in sales. There was also a significant improvement in the sales of  Continue Reading

The dominant market leader Maruti Suzuki India has announced a drop of 7.1 percent in the December 2011 sales, as compared to the same month last year. As per the company, the slump in the sales was a result of swell in fuel costs and higher rate of interest offered by financial institutions and banks in the country. Maruti Suzuki sold 99,225 vehicles in December 2010 against the decreased sales of 92,161 vehicles last month. See More  Continue Reading

Despite the downturn and negative sentiments in the market Volkswagen clocked in 140 percent growth selling a total of 78,408 units for the calendar year 2011 as compared to 32,627 units in the same period last year. The two new carlines – the Volkswagen Passat with BlueMotion Technologies and the Volkswagen Jetta have shown strong growth since its market launch with the Passat....  Continue Reading