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Monday, December 23, 2024 | 12:50 AM ISTEN Hindi

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India may land in top 5 with 12.7% growth in airline seat capacity

On a more positive note, the report points out that with two major airlines, Air India and IndiGo, both having placed large aircraft orders, India's growth in aviation sector is expected to take off

India may land in top 5 with 12.7% growth in airline seat capacity
Updated On : 21 Nov 2024 | 10:59 PM IST

Maruti Suzuki passenger car output falls 16%, utility vehicle rises 33%

Car market leader Maruti Suzuki India cut production of its passenger cars by 16 per cent last month but increased those of utility vehicles by 33 per cent compared to October 2023, according to a regulatory filing by the company. Its passenger cars production stood at 89,174 units last month against 1,06,190 units in October 2023, down 16 per cent, Maruti Suzuki India said in the filing. On the other hand, production of utility vehicles, including Brezza, Ertiga, Fronx, Jimny, XL6 and those supplied to Toyota Kirloskar Motor, rose 33.18 per cent to 72,339 units from 54,316 units in the year-ago month. Production of mini cars comprising Alto and S-Presso was down at 12,787 units last month against 14,073 units in October 2023. Similarly, production of compact cars Baleno, Celerio, Dzire, Ignis, Swift, WagonR and those supplied to Toyota Kirloskar Motor were lower at 75,007 units compared to 90,783 units in the same month last year. Mid-sized sedan Ciaz saw production inched up ...

Maruti Suzuki passenger car output falls 16%, utility vehicle rises 33%
Updated On : 04 Nov 2024 | 2:20 PM IST

Govt proposes stricter seat-belt regulations to boost road safety from 2025

This typically includes seat belts, but it can also encompass other features such as airbags, seat belt pretensioners, and load limiters

Govt proposes stricter seat-belt regulations to boost road safety from 2025
Updated On : 23 Aug 2024 | 10:24 PM IST

Demand for new vehicles up, as used car market see drop in prices: Report

Interestingly, this comes at a time when two-wheeler sales were seen increasing in new vehicles and the used vehicle category

Demand for new vehicles up, as used car market see drop in prices: Report
Updated On : 07 Aug 2024 | 5:16 PM IST

Automobile retail sales rise 9% in June quarter, PV sales up 2.53%: Fada

Automobile retail sales increased 9 per cent year-on-year in June quarter FY25 with all segments, barring tractors, reporting growth, dealers' body FADA said on Monday. Overall retail sales rose to 61,91,225 units in the April-June period from 56,59,060 units in the same quarter of FY24. Passenger vehicle retails increased 2.53 per cent to 9,20,047 units as against 8,97,361 units a year ago. "Despite strong bookings and customer flow, high competition, excess supply and discounting presented challenges for sustained growth in the PV segment," FADA President Manish Raj Singhania said in a statement. Dealers reported significant impacts from elections, extreme heat and market liquidity issues, he noted. The extreme heat led to 18 per cent drop in showroom walk-ins in May, with inventory levels reaching an all-time high of 62-67 days by the end of June, Singhania said. "Despite improved product availability and substantial discounts aimed at stimulating demand, market sentiment rema

Automobile retail sales rise 9% in June quarter, PV sales up 2.53%: Fada
Updated On : 15 Jul 2024 | 6:17 PM IST

Hyundai Motor India gears up for 21% capacity boost in H2 of FY26

Creta EV and three other electric cars to be launched in India, it added

Hyundai Motor India gears up for 21% capacity boost in H2 of FY26
Updated On : 16 Jun 2024 | 10:59 PM IST

PV industry expecting zero growth in volume sales in FY25: R C Bhargava

In the first half of FY24, sales in the Indian passenger car segment, which comprises small and compact cars, witnessed a year-on-year (Y-o-Y) decline of 7.9 per cent

PV industry expecting zero growth in volume sales in FY25: R C Bhargava
Updated On : 27 Oct 2023 | 11:07 PM IST

Poland imposes EU ban on all Russian-registered cars in latest sanctions

Poland began to enforce a European Union (EU) ban Sunday on all Russian-registered passenger cars seeking to enter the country the latest in a series of sanctions on Russia in punishment for its war against Ukraine. Under the EU's decision, motor vehicles registered in the Russian Federation are no longer allowed to enter the territory of the 27-member bloc. A car registered in Russia has no right to enter Poland, Polish Interior Minister Mariusz Kaminski said Saturday, announcing the ban that took effect hours later at midnight. This is another element of the sanctions imposed on Russia and its citizens in connection with the brutal war in Ukraine, due to the fact that the Russian state today constitutes a threat to international security, Kaminski said. The move comes just days after the nearby Baltic states of Lithuania, Latvia and Estonia banned vehicles with Russian license plates from entering their territory a joint move in line with a recent interpretation of the EU's ...

Poland imposes EU ban on all Russian-registered cars in latest sanctions
Updated On : 17 Sep 2023 | 2:48 PM IST

Passenger car sales to cross two-million milestone in first half of 2023

If the pace of growth in dispatches sustains through the second half, India could become the third-largest car market in the world in 2023

Passenger car sales to cross two-million milestone in first half of 2023
Updated On : 29 Jun 2023 | 11:39 AM IST

What are different types of car insurance policies in India? Details here

There are many different types of car insurance policies available, each with its own set of coverage options. It is important to choose a policy that meets the needs of the car owner

What are different types of car insurance policies in India? Details here
Updated On : 26 May 2023 | 5:02 PM IST

JSW Group in talks with MG Motor, BYD India for electric vehicle push

MG Motor India unveiled its compact EV Comet, which has a range of 230 km per charge, last Wednesday

JSW Group in talks with MG Motor, BYD India for electric vehicle push
Updated On : 24 Apr 2023 | 10:26 PM IST

Value of components supplied to passenger car OEM increasing: Data

Share of value of components supplied to the two-wheeler market goes down

Value of components supplied to passenger car OEM increasing: Data
Updated On : 21 Dec 2022 | 11:24 PM IST

TMS Ep272: India's external a/c, car purchase, markets, constitution bench

Is India's external account becoming vulnerable? Why is it not a good time to buy a car? What's in store for the markets in the second half of FY23? What is a constitution bench? All answers here

TMS Ep272: India's external a/c, car purchase, markets, constitution bench
Updated On : 03 Oct 2022 | 8:00 AM IST

Volkswagen Passenger Cars India sales jump 60% to 4,103 units in Sep

Volkswagen Passenger Cars India on Saturday reported a 60 per cent increase in sales to 4,103 units in September 2022. The company had sold 2,563 in September 2021, Volkswagen Passenger Cars India said in a statement. The growth was driven by rising demand for Volkswagen Taigun and Virtus models, it added. Amidst the supply chain challenges in the industry, the brand has still maintained its product offerings and continues to deliver, Volkswagen Passenger Cars India Brand Director Ashish Gupta said.

Volkswagen Passenger Cars India sales jump 60% to 4,103 units in Sep
Updated On : 01 Oct 2022 | 8:16 PM IST

Over half of US car sales will be electric by 2030 fuelled by Biden's push

Just over half of passenger cars sold in the US will be electric vehicles by 2030, according to a report from BloombergNEF

Over half of US car sales will be electric by 2030 fuelled by Biden's push
Updated On : 21 Sep 2022 | 7:52 AM IST

Maruti to shift focus to high-end cars as demand for hatchbacks shrinks

There has been a 25% decline in the market for hatchbacks in the last four years due to increase in commodity prices and taxes by state governments

Maruti to shift focus to high-end cars as demand for hatchbacks shrinks
Updated On : 29 Aug 2022 | 8:08 AM IST

Will four-wheeler stocks hit the fast lane in H2 of this fiscal?

Passenger vehicles in India are witnessing strong demand as consumers hit the roads leaving behind lockdown blues. So, amid the easing supply issues, is it time to buy four-wheeler stocks?

Will four-wheeler stocks hit the fast lane in H2 of this fiscal?
Updated On : 24 Aug 2022 | 7:06 AM IST

July auto sales rise 10% YoY as chip availability improves: SIAM

Market for entry-level passenger cars, two-wheelers and three-wheelers yet to recover

July auto sales rise 10% YoY as chip availability improves: SIAM
Updated On : 13 Aug 2022 | 2:19 AM IST

India's passenger vehicle exports jump 26% in Apr-Jun to 160,263 units

Passenger car shipments saw an 88 per cent year-on-year growth at 1,04,400 units while utility vehicle exports rose 18 per cent to 55,547 units during the period under review, SIAM data showed.

India's passenger vehicle exports jump 26% in Apr-Jun to 160,263 units
Updated On : 19 Jul 2022 | 11:20 PM IST

India plans to introduce safety rating system for passenger cars: Ministry

India will introduce a safety rating system for passenger cars - a measure it hopes will encourage manufacturers to provide advanced safety features and will boost the "export worthiness"

India plans to introduce safety rating system for passenger cars: Ministry
Updated On : 25 Jun 2022 | 2:01 PM IST