Automobile market to see growth of 15% during festive season: Nuvama report New Delhi: The Indian automobile market will experience a significant surge of over 15% during the upcoming festive season, particularly in the two-wheeler (2W) segment said a research report by Nuvama Wealth Investment Limited. The growth is anticipated by the increased enquiries and… Continue reading Automobile market to see growth of 15% during festive season: Nuvama report
Tag: Suzuki
Worry over rising inventories clouds FADA’s annual convention
Even as automakers in India are gearing up for a strong festival season, the festive cheer is yet to reach the dealers. Auto retailers are bracing for a hit of around Rs 900-1000 crore to their combined bottom lines due to rising unsold inventories, going by the numbers shared by officials of the Federation of… Continue reading Worry over rising inventories clouds FADA’s annual convention
Offering new technologies at affordable prices is a big challenge – says Hisashi Takeuchi, MD of Maruti Suzuki
Offering new-age technologies at affordable prices is one of the auto industry’s big challenge, says Hisashi Takeuchi, MD & CEO of Maruti Suzuki, adding, “Innovation is the key to finding ways to integrate advanced features without compromising on cost-effectiveness.” The MD of the largest car maker asserted that the industry country must develop a robust… Continue reading Offering new technologies at affordable prices is a big challenge – says Hisashi Takeuchi, MD of Maruti Suzuki
World is watching, steps we take today will shape future of industry, says Maruti Suzuki MD
Takeuchi noted the importance of investing in R&D and collaborating across the value chain to achieve this balance. New Delhi: Indian auto component industry exports over 25% of its production annually. Last year it exported components worth USD 20 billion. However, this is less than 2% of global auto industry trade, giving us a huge… Continue reading World is watching, steps we take today will shape future of industry, says Maruti Suzuki MD
India must position itself as hub for affordable mobility components – Hisashi Takeuchi
Hisashi Takeuchi, MD and CEO of Maruti Suzuki, says India must position itself as a hub for high-quality, affordable mobility components. The goal should be to not only meet but exceed global standards. Takeuchi says the Indian suppliers have acquired in-depth knowledge of conventional manufacturing processes. Now, the industry must extend this expertise to new… Continue reading India must position itself as hub for affordable mobility components – Hisashi Takeuchi
India must position itself as hub for affordable mobility components – Hisashi Takeuchi
Hisashi Takeuchi, MD and CEO of Maruti Suzuki, says India must position itself as a hub for high-quality, affordable mobility components. The goal should be to not only meet but exceed global standards. Takeuchi says the Indian suppliers have acquired in-depth knowledge of conventional manufacturing processes. Now, the industry must extend this expertise to new… Continue reading India must position itself as hub for affordable mobility components – Hisashi Takeuchi
Toyota Hyryder sells over 90,000 units in two years since launch
The Toyota Urban Cruiser Hyryder, Toyota Kirloskar Motor’s first midsize SUV launched on September 9, 2022, turns two years old today. The rebadged version of the Maruti Grand Vitara has, since launch 24 months ago, sold a total of 90,607 units in the domestic market till end-July 2024 (see wholesales data table below) and should… Continue reading Toyota Hyryder sells over 90,000 units in two years since launch
‘There was no dearth of bankers advising us to shut down the PV business’ – N Chandrasekaran
When Natarajan Chandrasekaran took charge as the chairman of Tata Sons in 2017, many bankers advised him to wind up the group’s car business. “There were enough bankers advising me to shut down the passenger car business, which was losing about Rs 4,000 crore a year,” he shared in an exclusive interview with Autocar India. … Continue reading ‘There was no dearth of bankers advising us to shut down the PV business’ – N Chandrasekaran
‘There was no dearth of bankers advising us to shut down the PV business’ – N Chandrasekaran
When Natarajan Chandrasekaran took charge as the chairman of Tata Sons in 2017, many bankers advised him to wind up the group’s car business. “There were enough bankers advising me to shut down the passenger car business, which was losing about Rs 4,000 crore a year,” he shared in an exclusive interview with Autocar India. … Continue reading ‘There was no dearth of bankers advising us to shut down the PV business’ – N Chandrasekaran
Maruti Wagon R, Alto K10, S Presso get over Rs 50,000 off this month
Maruti Suzuki Arena dealers are offering cash discounts and exchange bonuses this month on models such as the Swift, Brezza, Alto K10, S-Presso, Wagon R, Celerio and Dzire. Ertiga continues to be the only Arena car with no discounts. Disclaimer: Discounts vary from city to city, and are subject to the availability of stock. Check… Continue reading Maruti Wagon R, Alto K10, S Presso get over Rs 50,000 off this month