Car Makers

Car market leader Maruti Suzuki India on Wednesday said it plans to increase its overall service network to 8,000 touchpoints by 2030-31, with an aim to reach closer to its customers. The company, which on Wednesday opened the 500th service touchpoint for its premium retail outlet NEXA, currently has 5,240 touchpoints across NEXA as well as ARENA -- the mass market retail chain. "Our aim is to consistently deliver convenience and superior car ownership experience to our customers. One way is by reaching closer to our customers so that they have assurance of finding a Maruti Suzuki service touchpoint nearby," Maruti Suzuki India MD & CEO, Hisashi Takeuchi said in a statement. He further said, "Going forward as we plan to substantially increase our annual production and sales, we will simultaneously strengthen our service network. Our plan is to expand our service network, including ARENA and NEXA service touchpoints, from about 5,240 to 8,000 by FY 2030-31." Maruti Suzuki opened ...

The price increase will come into effect from Jan. 1, 2025, the country's No.2 carmaker by market share said

Labour union last week proposed measures it said would save 1.5 billion euros ($1.6 billion), including forgoing bonuses for 2025 and 2026, which Europe's top carmaker dismissed

The clearest sign of their impact came on Friday, when Mercedes reported its weakest profitability

Revenues came in at 10.7 billion euros ($11.55 billion), up 1.8 per cent from a year earlier and beating an analysts' consensus forecast of 10.35 billion euros provided by the company

The IPO received bids for 236 million shares, worth Rs 46,320 crore, as against 99.77 million on offer

Now, three years since Ford's exit, the used car market is seeing higher demand for Ford vehicles

Ford is the latest to join domestic and foreign carmakers, from Tata Motors to Vietnamese automaker VinFast Auto

Toyoda, the grandson of the company's founder, saw shareholder support drop to a record low of 85 per cent last year

This manufacturing facility will produce next-gen vehicles for Tata Motors and JLR

Korean automaker's Indian unit expanding market share and benefits from being part of larger Hyundai Motor Company, it says

The Thar Roxx is priced at Rs12.99 lakh for its entry-level model MX-1 (petrol)

Company holds around 4 per cent of the total used cars market share: co-founder

The company said it now expected an adjusted return on sales in the range of 10-11 per cent this year, down from its previous target range of 10-12 per cent

Strong hybrid car sales won't affect growth of electric cars, they argue

Once the plants are up and running, India will hit a capacity of 8.77 million passenger vehicles per annum

Hyundai Motor India sought regulatory approval on Saturday to list on the Mumbai stock market in what could be the biggest IPO in the South Asian nation

Analysts anticipate robust results for Tata Motors, propelled by the advantages of operating leverage, favourable commodity trends and strong volume growth across its various segments

Two-wheeler segment grows strongest due to 'positive impact' of elections, says FADA

Honda Cars India on Thursday said it has appointed Ryuto Shimizu as the company's new Director (Marketing & Sales). He replaces Yuichi Murata who has moved to Honda Mexico as President. Shimizu has been associated with Honda for over 25 years and has worked across several international markets during the span of his career including Japan, China and Thailand, the automaker said in a statement. He has worked across the domain of marketing & sales including product planning, overseas operations, and business planning, among others, it added. Prior to joining Honda Cars India, he was in-charge of the Business Planning Office at Honda Automobile (Thailand) Co Ltd from 2021-2023.