NEW DELHI: Luxury car sales have decelerated. With the stock market remaining volatile through most of last year and liquidity pressure growing, reluctant buyers stayed away from new purchases or upgrades, leading to 5 per cent growth in volumes in 2018 against a 17 per cent surge in the previous year. Luxury car makers like… Continue reading Luxury car sales slow down in India
Author: Times of India Online News
Toyota plans to launch its version of Baleno facelift in India soon
NEW DELHI: Japanese auto major Toyota is gearing up to launch its version of Suzuki’s premium hatchback Baleno in the Indian market in the second half of next fiscal, according to sources. Toyota has been working on incorporating its own unique features to the model that has been a runaway success for Suzuki’s Indian arm… Continue reading Toyota plans to launch its version of Baleno facelift in India soon
Audi India sales decline 18% to 6,463 units in 2018
NEW DELHI: German luxury car maker Audi reported an 18 per cent decline in total sales in India to 6,463 units during 2018, hit by closure of its largest dealership in the country besides phase-out of some of the models during the year. The company had sold 7,876 units in the country in 2017. “We… Continue reading Audi India sales decline 18% to 6,463 units in 2018
Rolls-Royce’s future is pricey bespoking, not electric, says CEO
NEW DELHI: More than 90 per cent of all Rolls-Royce vehicles sold are so personalized they’re practically one-offs. With the Phantom estate car, that number reaches 99 per cent. And with the Cullinan SUV, it reaches absolute levels: Of the Cullinan SUVs sold, 100 per cent have been customized. That’s according to Torsten Muller-Otvos, the… Continue reading Rolls-Royce’s future is pricey bespoking, not electric, says CEO
Toyota plans to launch its version of Baleno in India next fiscal
NEW DELHI: Japanese auto major Toyota is gearing up to launch its version of Suzuki’s premium hatchback Baleno in the Indian market in the second half of next fiscal, according to sources. Toyota has been working on incorporating its own unique features to the model that has been a runaway success for Suzuki’s Indian arm… Continue reading Toyota plans to launch its version of Baleno in India next fiscal
Maruti Suzuki to increase vehicle prices from January
NEW DELHI: Maruti Suzuki India Wednesday said it will increase prices of its vehicles across various models from next month to offset adverse impact of increase in commodity prices and foreign exchange rates. The company, however, did not specify by how much the prices of its vehicles would increase. At present, the company is working… Continue reading Maruti Suzuki to increase vehicle prices from January
Toyota announces new recall of 2.4 million hybrid cars
{{if trimcom}}{{:trimcom}}{{else}}{{:comment.substr(0,500)}}{{/if}} {{if comment.length > 500}} … Read More {{/if}} 2018 Ford Aspire variants explained Who’s winning the self-driving car race? SUV, electric vehicles under Mahindra-Ford tie-up soon Go to Source
Volkswagen’s Skoda needs to boost annual capacity by 400,000 cars – CEO
{{if trimcom}}{{:trimcom}}{{else}}{{:comment.substr(0,500)}}{{/if}} {{if comment.length > 500}} … Read More {{/if}} Maruti Suzuki Eeco crosses 5 lakh unit sales milestone Honda, General Motors team up for self-driving tech New Datsun Go and Go+ get more safety, features Go to Source
Honda recalls Accord, Insight vehicles for software problem
TOKYO: Honda is recalling about 232,000 2018 Accord vehicles and 2019 Insight hybrid cars in the US for malfunctioning software for the rear camera display. There have been no reports of accidents or injuries related to the problem, Honda Motor Co. spokeswoman Tomoko Takemori said Friday. The Tokyo-based automaker said that apart from the US… Continue reading Honda recalls Accord, Insight vehicles for software problem
Indian electric vehicle start-up gets angel funding to bolster leadership status
BENGALURU: Electric vehicle start-up Strom Motors (E14 Technologies Pvt Ltd) on Thursday said it has secured angel funding from Indian Angel Network (IAN). The investment would help the Mumbai-based start-up consolidate its leadership position in the technology-enabled mobility industry, setting up product sales, accelerate its geographical expansion and increase its consumer base across markets, a… Continue reading Indian electric vehicle start-up gets angel funding to bolster leadership status