New car, SUV prices to go up from January 2023

Kia, Maruti Suzuki, Tata, Mercedes-Benz and Audi have announced a price hike across their model range from January 2023. All carmakers have cited an increase in commodity prices as the major reason behind the hike. Maruti SuzukiMaruti Suzuki has confirmed that it will be increasing the prices of its entire model line-up, although the hike will… Continue reading New car, SUV prices to go up from January 2023

Suzuki Motorcycle India expands Burgman Street range with new EX variant

Suzuki Motorcycle India, which is currently seeing strong demand for its scooters particularly the Access, today launched the new 125cc Burgman Street EX, priced at Rs 112,300 (ex-showroom Delhi). This is the third variant in this scooter series after the Burgman Street and the Bluetooth-enabled Burgman Steet. Compared to the existing Burgman Street variants, the… Continue reading Suzuki Motorcycle India expands Burgman Street range with new EX variant

Audi India to hike prices up to 1.7 percent across model range from January

German luxury carmaker Audi has said that the prices of its model range in India will be increased up to 1.7 percent from January 1, 2023. “The price hike is a result of rising input and operational costs,” the company said. Balbir Singh Dhillon, Head of Audi India, said, “Audi India’s business strategy focuses on… Continue reading Audi India to hike prices up to 1.7 percent across model range from January

Maruti Suzuki India issues recall for five models

Maruti Suzuki India (MSIL) has notified in a regulatory filing that the company has recalled 9,125 units of its five models – Grand Vitara, XL6, Brezza, Ertiga and Ciaz – due to a possible defect. The defect is suspected in one of the child parts of the shoulder height-adjuster assembly of the front-row seat belts, the company… Continue reading Maruti Suzuki India issues recall for five models

All-Terrain Vehicle (ATV) Global Market to Reach $4.21 Billion by 2026 at a CAGR of 5.43%

DUBLIN, Dec. 6, 2022 /PRNewswire/ — The “All-Terrain Vehicle (ATV) Global Market Report 2022” report has been added to  ResearchAndMarkets.com’s offering. The global all-terrain vehicle (ATV) market is expected to grow from $3.20 billion in 2021 to $3.41 billion in 2022 at a compound annual growth rate (CAGR) of 6.41%. The all-terrain vehicle (ATV) market… Continue reading All-Terrain Vehicle (ATV) Global Market to Reach $4.21 Billion by 2026 at a CAGR of 5.43%

Maruti Suzuki offers discounts: Alto K10 to get up to Rs 52,000 off

For the month of December 2022, Maruti Suzuki is offering discounts of up to Rs 52,000 on its Arena range of models. Buyers can avail corporate discounts, exchange benefits and cash discounts on Maruti Arena models like the Swift, Dzire, Wagon R, Celerio, and even the new-gen Alto K10. However, just like last month, there are no… Continue reading Maruti Suzuki offers discounts: Alto K10 to get up to Rs 52,000 off

Europeans “can’t make money on EVs” – GoAutoNews Premium

STELLANTIS is considering building its EV models in India for potential export to Europe because high costs in the EU mean that car makers cannot make EVs at a profit. Speaking from Chennai where Stellantis has a technical centre, CEO Carlos Tavares told the media that it would capitalise on India’s low labour costs. “So… Continue reading Europeans “can’t make money on EVs” – GoAutoNews Premium

Maruti Suzuki could cut December output by 30% due to chip woes, softening demand for entry level cars

Maruti Suzuki could cut December output by 30% due to chip woes, softening demand for entry level cars Maruti Suzuki India Ltd (MSIL) has lowered its actual production target for December 2022 by as much as 30 percent, sources have told Autocar Professional. While the company had projected around 183,000 units in total production in… Continue reading Maruti Suzuki could cut December output by 30% due to chip woes, softening demand for entry level cars

Gallery

BENGALURU, Dec 2 (Reuters) – Maruti Suzuki India Ltd (MRTI.NS), the country’s top carmaker, said on Friday it expected a shortage of electronic components to impact its production in December more than in recent months. The company’s production in November, which also saw a “minor impact” due to the shortage, rose 5% year-on-year to 152,786… Continue reading Gallery

Auto wholesales in Nov 2022: PVs at record peaks, 2Ws dip; YoY dispatches in green

Highlights November 2022 reported highest-ever PV wholesales for the month, CY2022 projected to touch peak PV sales at 38 lakh units, previous high was in 2018, ICRA expects PV volumes to touch about 37-38 lakh units in FY23, High ownership costs, financing rates remain issue in 2W sector, Sentiments are slowly improving at rural level,… Continue reading Auto wholesales in Nov 2022: PVs at record peaks, 2Ws dip; YoY dispatches in green