Page 2 - Suvs

Ceat plans to revamp brand strategy to target SUV owners, adventure bikers

Ceat plans to reach its target audience through various touchpoints

M&M, Tata Motors, Maruti Suzuki: What is driving the rally in these stocks?

With 3XO's launch, M&M management aims to be among the top two players in the compact SUV segment over the course of three years

High on SUVs: India records all-time high passenger vehicle sales in FY24

2023-24 also witnessed a high demand for sports utility vehicles (SUVs), which, for the first time in India, now hold a market share of 50 per cent in total PV sales

Robust rural growth, strong demand for SUVs drive car sales in FY24

The SUV segment's market share in the total Indian PV market grew from 40.1 per cent in FY22 to 43 per cent in FY23, and further surged to 50.4 per cent in FY24

Kia recalls 427,000 Telluride SUVs due to defect that they might roll away

Kia is recalling more than 427,000 of its Telluride SUVs due to a defect that may cause the cars to roll away while they're parked. According to documents published by the National Highway Traffic Safety Administration, the intermediate shaft and right front driveshaft of certain 2020-2024 Tellurides may not be fully engaged. Over time, this can lead to unintended vehicle movement while the cars are in park increasing potential crash risks. Kia America decided to recall all 2020-2023 model year and select 2024 model year Tellurides earlier this month, NHTSA documents show. At the time, no injuries or crashes were reported. Improper assembly is suspected to be the cause of the shaft engagement problem with the recall covering 2020-2024 Tellurides that were manufactured between Jan. 9, 2019 and Oct. 19, 2023. Kia America estimates that 1% have the defect. To remedy this issue, recall documents say, dealers will update the affected cars' electronic parking brake software and replace

Full throttle ahead: FY24 roars to 4.23 mn PV sales, 4.15 mn in retail

Overall automobile registrations rose 10% in FY23; Hybrids caught up with EVs in FY23; Consumer preference for cleaner fuels grew

Craze for SUVs too shall pass in years to come: Maruti's R C Bhargava

Maruti Suzuki India Limited is India's largest carmaker with about 43 per cent volume share

New EV policy to help launch many premium-quality SUVs: VinFast Auto

Vietnam's electric car maker VinFast Auto on Monday said India's new electric vehicle policy that provides import duty concessions for companies setting up manufacturing units in the country with a minimum investment of USD 500 million will allow it to introduce a wide variety of eco-friendly premium-quality SUVs at inclusive prices. The Indian government's new electric vehicle (EV) scheme aims to drive large investments in manufacturing, create competencies and upskilling, set up a robust supply chain and offer consumers world-class, zero-tailpipe emission vehicles, VinFast India CEO Pham Sanh Chau said in a statement. "This forward-looking policy helps us introduce a wide variety of smart, green, premium-quality SUVs, at inclusive prices, along with outstanding aftersales policies," he added. Chau further said, "With a long-term growth commitment in India, we have pledged an expenditure of USD 500 million, which includes the electric vehicle manufacturing facility in Tamil Nadu."

SUVs power best ever car sales for February; two-wheeler sales rise

During February alone, the share of SUVs in sales was around 51.5 per cent. Rural growth cumulatively in 2023-24 was 11.7 per cent against urban growth of 8 per cent

Skoda Auto India to drive in Brezza, Sonet rival in first half of 2025

Plans four EVs for India over next few years

Top 5 SUVs sold in January 2024, Tata Punch tops chart; check the full list

Top 5 SUVs sold in January 2024: Tata Punch sold the highest number of SUVs in India in January 2024. The company sold around 17,978 units last month

CEAT eyes opportunity in replacement tyre market growth fuelled by PV sales

Tyre maker CEAT Ltd is looking to cash in on the growth of passenger vehicles sales in India, which will boost demand in the replacement market going forward, according to the company Managing Director & CEO Arnab Banerjee. The company is also gearing up to enter the passenger vehicles (PV) and truck and bus radial (TBR) tyre market in the US in the first quarter of the next fiscal, with an eye on making its international business one of the growth engines. "Four million cars means immediate translation into replacement demand in the next two to three years. So it is a very good trajectory. The Original Equipment Manufacturer (OEM) trajectory is boding very well for the replacement market," Banerjee told PTI. He was responding to a query on the impact of the growth of PV sales in India on tyre makers. In 2023, PV sales in India touched a record high at 41.08 lakh units, growing by 8.3 per cent over the previous year driven by SUVs, which accounted for almost half of the total ...

Ford to recall 1.9 mn Explorer SUVs to secure trim pieces that can fly off

Ford is recalling nearly 1.9 million Explorer SUVs in the US because a trim piece can fly off and create a hazard for other drivers. The recall covers Explorers from the 2011 through 2019 model years. Documents posted Wednesday by the US National Highway Traffic Safety Administration say that clips holding the trim that covers the roof supports close to the windshield can come loose. If that happens, the trim piece can fly off and increase the risk of a crash. The recall comes after US regulators opened an investigation into the problem last January after receiving 164 consumer complaints. Canadian regulators also inquired about the problem. Documents say that at first Ford decided against a recall, citing the low mass of the part. But the company decided to do the recall after US regulators determined the problem was a safety hazard. Ford said in a statement Wednesday that it expects only 5% of the recalled Explorers to be affected by the problem. It encourages owners to contact

Passenger vehicle sales to grow 3-4% in 2024: Hyundai COO Tarun Garg

He said that the Indian PV industry expected volume sales growth of 3.5 to 5 per cent in 2023 but eventually it went up to 8.2 %. Hyundai's domestic sales increased by 9 % in 2023 to 602,111 units

MG Motor launches Astor 2024 SUV with AI assistant, starting at Rs 9,98,000

The MG Astor 2024 boasts to be the most advanced SUV, with in-built personal AI assistant

Renault plans 5 new cars in next 3 years, seeks regulatory clarity

Renault is planning to launch a total of five cars -- including B plus segment sport utility vehicle (SUV), a C segment SUV and an electric vehicle (EV) -- in India in the next three years

Different shades: Black is the new white for car buyers in India

In 2021, only 14.8 per cent of the cars sold in India were black. That increased to 15.5 per cent in 2022 and further to 19.5 per cent in 2023

PV sales surge past 4 mn, fueled by SUV demand, record December wholesales

Interest rate hikes, high base of 2023 may result in muted volume growth in 2024

PV sales touch record high in 2023 at 4.1 mn, SUVs continue strong growth

Passenger vehicle sales in India touched a record high of 41.08 lakh units in 2023, growing by 8.3 per cent over the previous year driven by SUVs, which accounted for almost half of the total dispatches from manufacturers to dealers. The record sales have been achieved despite an increase in the average price of vehicles to Rs 11.5 lakh last year as compared to Rs 10.58 lakh in 2022. Market leader Maruti Suzuki, Hyundai Motor India, Tata Motors and Toyota Kirloskar Motor reported their best-ever annual sales in 2023. "If you look at January to December 2023, wholesales crossed 41.08 lakh. This is the first time the industry has ever crossed the 4 million mark. That, I think is a huge milestone in the history of the Indian passenger vehicles (PV) industry," Maruti Suzuki India Senior Executive Officer (Marketing and Sales) Shashank Srivastava told reporters in a call. He further said, "This is against wholesales of 37.92 lakh units for the calendar year 2022. Therefore, there is a .

Honda Elevate crosses 20,000 sales-mark since its launch in September

Honda Cars India on Saturday said its mid-sized Sports Utility Vehicle Elevate has crossed 20,000 sales mark since its launch in the domestic market in September this year. The new model accounted for over 50 per cent of total company sales in the last three months and has helped the company grow its sales by 11 per cent in the September-November period as compared with the same period last year, the automaker said in a statement. "We have maximised the production of the Elevate to serve our waiting customers as early as possible and adjusted the variant mix to align with the market demand which is overwhelmingly high for CVT variants currently," Honda Cars India Director (Marketing and Sales) Yuichi Murata said. India is the first country to manufacture and sell the Elevate globally. Honda also aims to make India an important export hub for the new model to other parts of the world, catering to the robust demand for SUVs globally.