Page 3 - Carmakers In India

Toyota, Suzuki to deepen ties for production, net-zero commitments in India

Japanese auto majors Toyota and Suzuki on Friday said they will deepen their collaboration in the fields of development and production in India

Tesla puts India entry plan on hold after deadlock on tariffs: Report

Tesla had set itself a deadline of Feb. 1, the day India unveils its budget and announces tax changes, to see if its lobbying brought a result, the sources with knowledge of the company's plan

Failure to provide airbag system should be subject to punitive damages: SC

Failure of a car manufacturer to provide an airbag system should be subject to punitive damages which can have a deterrent effect, the Supreme Court has said.

No easy rides: Why is India becoming a graveyard for world's auto majors?

India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, writes T N Ninan

Ford leaves India, prompting question about capital intensity and industry

The higher the capital intensity the fewer the number of companies an industry is able to support.

India's top carmaker sees hydrogen as 'interesting alternative'

Demand for lithium for batteries is soaring as governments across the world push automakers to meet stringent targets for cutting carbon emissions

Maruti Suzuki ties up with three firms for production of oxygen generators

The company said that as part of that, it has been able to increase the output levels of oxygen generators by over 10 times.

Maruti Suzuki India to hike prices from Jan 18 to tackle higher costs

The firm will raise prices for some car models due to a rise in some input costs

Maruti Suzuki sales rise 20 per cent to 160,226 units in December

The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported a 20.2 per cent increase in sales to 160,226 units in December

Hyundai India net profit grows 21.5% in 2018-19 despite slow down

The company achieved its highest ever wholesale sales volume--of 52,001 units--in October 2018.

Auto sector welcomes PM Modi's assurance on internal combustion engine cars

India's automobile industry is facing one of the most prolonged slowdowns in two decades. Sales have been in a slow lane for a year

Carmakers dole out hefty year-end discounts to liquidate unsold stocks

Passenger vehicle sales in India remained under pressure in November, with the industry posting a decline of more than 3% in the same month

For auto players, more than one brand in showrooms is a risky business

Carmakers can pull off multiple brands with success but only if the driving dynamics differ greatly leaving the buyer with an experience that leaves no confusion

Carmakers refrain from price hike despite surge in key input costs

Market leader Maruti sets the trend, says it will hike prices only when such a move becomes necessary

Car sales rev up on festive spirit, despite cess bump

Car makers continue to see a growth in bookings and enquiries from customers in spite of an increase of up to seven per cent in cess more than a week ago. Manufacturers said the current demand is aided by the festive season and any negative impact of the cess may not be visible before November."The increase in cess is lower than what the manufacturers and customers were anticipating. We continue to see a growth and pickup in demand even after the cess turned effective from September 11. However, we are not sure if this trend will continue when the festive demand drops by end of October," said N Raja, director and senior vice-president (sales & marketing) at Toyota. About ninety per cent of Toyota's product portfolio has been impacted by the government's decision to hike cess on certain cars after announcing the first set of tax rates under the GST. It was widely expected that the GST Council will hike cess by ten per cent on sedans and sports utility vehicles. However, the Council

Carmakers Audi, BMW, Ford bring younger CEOs to driving seat

The youngest in the new lot is Rahil Ansari, 38, who is heading Audi in India since February