Maruti Suzuki India Managing Director Hisashi Takeuchi estimates the country’s passenger vehicle (PV) market to touch 6-7 million units annually by FY31, and grow to double in size from its present levels. In FY23, the PV segment registered sales of over 4 million units to become the third-largest market in the world. “Going ahead, the… Continue reading ‘India’s passenger vehicle market likely to double by FY31’: Hisashi Takeuchi
Tag: Suzuki
My Week In Cars: New Steve Cropley/Matt Prior podcast (ep. 53)
News 1 min read 13 September 2023 In this week’s Autocar podcast My Week In Cars our resident gearheads Steve Cropley and Matt Prior realise they’ve been banging on about cars for a year exactly. So, they celebrate by doing exactly what they always do, and yarn about respective Autocar colums, including the Bentley Flying Spur,… Continue reading My Week In Cars: New Steve Cropley/Matt Prior podcast (ep. 53)
Gasoline, diesel vehicles dominate India’s auto market, EVs lag
Vehicles that run on compressed natural gas, or CNG, mostly preferred by cab operators in India, have seen their market share rising to 11.4% in January-July from 9% in 2014. India’s road transport minister on Tuesday warned local and foreign automakers to either cut production of polluting diesel vehicles or face higher taxes and levies,… Continue reading Gasoline, diesel vehicles dominate India’s auto market, EVs lag
Maruti Suzuki well on time for EVs, adoption to take off from 2025, says Shashank Srivastava
Maruti Suzuki, the country’s largest car maker says that the company gave up on diesel a long time ago and it is well “on time” for its electric vehicles, as it expects the adoption rate to accelerate post 2025. The comment comes on the sidelines of the 63rd SIAM annual convention in National Capital post… Continue reading Maruti Suzuki well on time for EVs, adoption to take off from 2025, says Shashank Srivastava
Maruti Suzuki well on time for EVs, adoption to take off from 2025, says Shashank Srivastava
Maruti Suzuki, the country’s largest car maker says that the company gave up on diesel a long time ago and it is well “on time” for its electric vehicles, as it expects the adoption rate to accelerate post 2025. The comment comes on the sidelines of the 63rd SIAM annual convention in National Capital post… Continue reading Maruti Suzuki well on time for EVs, adoption to take off from 2025, says Shashank Srivastava
95% of car retailers upbeat on festive season, automakers expect a record season
95% of car retailers are confident of posting very healthy sales in the upcoming 33 days of peak festive period of Navaratri to Diwali, said Manish Raj Singhania, President of the Federation of Automotive Dealers Association. He informed that this was the key finding from the Association’s recent survey that FADA completed in August. “Dealers… Continue reading 95% of car retailers upbeat on festive season, automakers expect a record season
Auto industry views Gadkari’s diesel tax hike proposal as a wake-up call
With the Union Minister for Road Transport and Highways, Nitin Gadkari, mulling the levy of a 10% GST or a pollution tax on diesel vehicles, auto industry leaders have dubbed this as a “wake-up call to transition to green fuels” and a “radical move” for industry members still working with a diesel-heavy portfolio. Speaking at… Continue reading Auto industry views Gadkari’s diesel tax hike proposal as a wake-up call
Exclusive: Skoda CEO Klaus Zellmer says next phase of investment in India approved, targets 5% share by 2030
Having built a modest base with India 2.0 products, Czech carmaker Skoda Auto is looking to build its presence in both the mainstream and the top end of the market, including electric vehicles. In an exclusive interview to Autocar Professional on the sidelines of the IAA Mobility Show 2023 last week in Munich, Skoda Auto… Continue reading Exclusive: Skoda CEO Klaus Zellmer says next phase of investment in India approved, targets 5% share by 2030
Suzuki, TVS, Yamaha, Ather and Bajaj increase scooter market share in April-August 2023
After seeing tepid sales for over two years, India’s scooter market is finally seeing some green shoots of recovery as per the August 2023 and cumulative April-August 2023 wholesales numbers released yesterday by SIAM. Given its 9% year-on-year growth with 549,290 units (August 2022: 504,146 units) last month, the scooters sub-segment can be credited with… Continue reading Suzuki, TVS, Yamaha, Ather and Bajaj increase scooter market share in April-August 2023
Honda Elevate waiting period ranges between 2-6 months
While the Elevate, Honda’s made-for-India SUV, went on sale on September 4, 2023, Honda dealers had started accepting bookings two months earlier from July 3, 2023. The Honda SUV already commands a waiting period of around six-months, according to Kunal Bhel, VP marketing and sales, Honda Cars India. Honda Elevate: top models, automatic variants in high demand Introductory prices for the Elevate… Continue reading Honda Elevate waiting period ranges between 2-6 months