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HONDA ELEVATE 2023
India key market for future growth, along with US, Japan: HondaHonda considers India a key growth market alongside the US and Japan, planning to introduce three new SUV models by FY27. The automaker aim...- Hero’s search for a hit: Hero MotoCorp, India’s largest two-wheeler maker, struggles to stem dwindling market shareHero MotoCorp faces mounting challenges as its market share hits a decade-low and rivals gain ground. With executive departures and underpe...
- Weak consumer sentiment & rising discounts fuel 'artificial demand': Honda Cars India President Takuya TsumuraHonda Cars India's President & CEO, Takuya Tsumura, highlighted weak consumer sentiment and increasing discounts driving "artificial demand...
- Demand in slow lane, Auto Inc deploys discounts to clear inventory gridlockFrom market leader Maruti Suzuki to Hyundai, Tata Motors, Skoda and Honda – they are all offering cash discounts, exchange bonus and additi...
- Revving up: Fuelled by PLI, Indian automakers eye global EV space, targeting Europe & other developed marketsIndian auto manufacturers are seizing the export opportunity in the electric vehicle (EV) market, driven by increasing demand for cleaner m...
- Electric vehicles: Desi automakers are seizing export opportunities driven by increased demand for cleaner mobilityDomestic auto makers like Maruti Suzuki, Hero MotoCorp, and TVS Motor are seizing the export opportunity in the electric vehicle market. Ma...
- As buyers diss cars, auto companies count on offersPassenger car sales surged 8% to a record 4.22 mn units in FY24 but have moderated since amid the heat wave, a long election season and a h...
- India new land of rising sun for auto exportsIndia's auto industry attracts global players like Honda and Suzuki for exports, with a focus on quality and cost efficiency. The country's...
- Sales of cars, sedans, utility vehicles see their best-ever FebruaryAs per industry estimates this is an increase of 11.3% over 335,324 units sold in the same period last fiscal. February 2024 was the third ...
- Hyundai Motors India anticipates SUVs to dominate two-thirds of sales in 2024Hyundai Motor India expects SUVs to contribute to two-thirds of its sales this year, with a refreshed portfolio including the Creta I. The ...
- Tata Motors to hike price of commercial vehicles by up to 3% from Jan 1, 2024Indian automaker Tata Motors plans to increase commercial vehicle prices by up to 3% from January 1, 2024, to offset the impact of past inp...
- Govt identifies high fleet emission levels in major car makers; stiff penalties recommendedThe Indian government has identified elevated fleet emission levels in leading car manufacturers, including Hyundai, Kia, Honda Cars, Renau...
- Honda launches 'Elevate' at Rs 11 lakh; plans to roll out electric version of model soonHonda Cars India has entered the mid-sized SUV segment with the launch of its new model, the 'Elevate' which is priced between Rs 10.99 lak...
- How TVS is leveraging tech for a premium play with X, its latest offeringFar away from similarities with the existing iQube, X is built on a new platform. Loaded with a host of connectivity and features, TVS X gi...
- Car inventory at dealerships may hit 4-year highCar dealers in India are expected to have a high stock of vehicles this month due to automakers increasing inventory in anticipation of a s...
- Kolkata’s demand for pre-owned cars spike 93% amid changing automotive trends, CARS24 saysKolkata, India's city with the highest vehicular density, has recorded a 93% spike in used car sales during the first half of 2021, accordi...
- Yeh dil maange more: Companies now focus on ‘all things premium’The number of car models available in the sub Rs 10 lakh category more than halved to 27 in the June quarter from 57 in FY19. Models priced...
- Renault expects sales in India to shift to a higher gear in 2024Renault, along with alliance partner Nissan, recently announced fresh investments of $600 million (about Rs 5,300 crore) in India as part o...
- Half-a-dozen new SUVs to jostle for space in India over next two yearsWhile most of the automakers are expected to have busy calendars with their SUV offerings, car market leader Maruti Suzuki India is likely ...
- Honda Motor announces top management changesThe company announced the elevation of Vinay Dhingra, who was earlier Director - General & Corporate Affairs, Strategic Information System ...
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