Vehicle manufacturer Bajaj Auto reported its highest ever monthly sales at 382,379 units for August, 2011. A growth of 16% from 329,364 units a year ago. The motorcycles segment clocked an increase of 17% at 338,054 units from 289,176 units in the corresponding period a year ago. The Pulsar and Discover brands contributed 65% of [...]
Honda’s first small car for the mass market, Brio will be launched this month. The car is expected to be priced at Rs 4.2 lakh to Rs 4.5 lakh to compete with Maruti’s Swift, Volkswagen’s Polo, Ford’s Figo, Hyundai’s i10 and Toyota’s Liva. Honda has developed Brio after five years of painstaking research of the [...]
Auto major Mahindra & Mahindra will launch five models during the current fiscal year, said Pawan Goenka, president, auto & farm equipment Sector, M&M. The World SUV, codenamed W201, will be launched during the upcoming festive season. Sports utility vehicles from M&M’s South Korean subsidy Ssangyong stable will also be launched in 2011-12. Another major [...]
Domestic passenger car sales declined by 16% to 133,747 units in July, 2011, from 158,767 units in the same month last year. According to figures released by the Society of Indian Automobile Manufacturers (SIAM) today, motorcycle sales in the country grew by 11% during the month to 785,278 units from 710,621 units in the corresponding [...]
Budapest: Ferrari plan to find the extra pace they need to improve their qualifying performances – and then fight for wins for the rest of this year’s Formula One world title race. Team chief Stefano Domenicali said after seeing two times champion Spaniard Fernando Alonso finish third in Sunday’s Hungarian Grand Prix that a tweak [...]
New Delhi: Domestic car sales growth slipped into the red as expensive financing rates and rising petrol prices dented consumer sentiment and kept buyers away from showrooms despite a flurry of discounts. The dip comes two-and-a-half years after the 3% fall in January 2009 during the global economic recession. Interest rates have been moving up [...]
Maruti’s new premium hatchback has 38,000 bookings before the launch. Seventeen days prior to its launch, the new Swift from the Maruti Suzuki fold has record bookings, with the company registering 38,000 pre-launch orders for the car. This is the first time any vehicle has generated such enthusiasm among consumers prior to its official introduction [...]
With innovative apps being introduced everyday, the possibility of controlling your car wirelessly from your phone is now a reality. Nokia has launched a campaign called ‘What can you control with the N8?’ that tells you how to do just that. The campaign will be rolled out as a road show in Delhi, Bangalore and [...]
India’s local oil product sales in June nudged up an annual 1.9 percent, its slowest pace since November, on sluggish demand for auto fuels as better monsoon and price increase crimped demand, indicating industrial output is likely to slow in coming months. Local oil product sales, a proxy for domestic oil demand in Asia’s third-largest [...]
Maruti Suzuki India pulled out of the mini car space in 13 cities last April when it stopped selling its bread & butter model M800 due to the onset of the stricter BS IV emission norms. The iconic hatchback, which began India’s auto revolution when it was launched in 1983, is set for a re-run [...]