Japanese automaker Toyota, which is globally renowned for its SUVs, enjoys a similar reputation in the Indian market, thanks mainly to its butch Fortuner and multi-purpose Innova Crysta. However, unlike overseas markets where it has a strong presence in the sub-compact SUV segment with the RAV4 in Japan and the US, Avanza, Raize and Veloz… Continue reading Toyota Urban Cruiser: a value-added sensible buy
Tag: Suzuki
@Toyota: Toyota Hits World Championship Century at Portimao
Toyota will reach another milestone in its motorsport history next week when it competes in its 100th World Endurance Championship race, the 8 Hours of Portimao. The event, the second round of the 2021 FIA World Endurance Championship, will take place at the Portuguese circuit on 10-11 June. Portimao is a new venue for the… Continue reading @Toyota: Toyota Hits World Championship Century at Portimao
Maruti in wait-and-watch mode for June, bullish on rural growth
After May turned out to be a disaster for car sales, market leader Maruti Suzuki is not entirely certain if the tide will turn in June. “The pent-up demand could come through but the problem there is we are not sure how the Covid situation will unravel,” Shashank Srivastava, Senior ED – marketing and sales,… Continue reading Maruti in wait-and-watch mode for June, bullish on rural growth
Suzuki’s India woes extend far beyond the pandemic
TOKYO — It is a market where Suzuki Motor once reigned as the undisputed champion. Forty years ago, nearly every passenger car sold in India was made by the Japanese automaker. Now this share is under 50%, and the competition only looks to increase. Suzuki still makes half its car sales in the country, and the automaker’s stock price… Continue reading Suzuki’s India woes extend far beyond the pandemic
Electronic, mobile & auto plants crank up output
India’s top consumer electronics, smartphone and auto companies are resuming or raising production this week more than a fortnight after they shut plants or scaled-down output for the domestic market as states ease curbs amid a decline in Covid infections. LG, Samsung, Godrej Appliances, Haier, Vivo, Oppo, Bosch, Siemens, Panasonic, Carrier Midea and others have… Continue reading Electronic, mobile & auto plants crank up output
Auto industry falls on the second wave of Covid-19 and bleeds
Analysts expect that car buyers may bounce back after an extended shutdown, which would help the auto industry to recover. New Delhi: The ongoing Covid-19 second wave has resulted in a near washout of sales in May 2021 for the automotive industry. During the depths of the second peak of Covid-19 in the summer, sales… Continue reading Auto industry falls on the second wave of Covid-19 and bleeds
Carmakers hit a wall in May — lock, stock and barrel
Maruti Suzuki India, Hyundai Motor India, Tata Motors, Kia India and Mahindra & Mahindra — which accounted for 85 percent share of the passenger vehicle (PV) market in FY 21 — collectively sold 92,138 units in May 2021. Across the board, sales were down 64 percent month-on-month. LockFrom Maharashtra to Haryana and Karnataka to Tamil… Continue reading Carmakers hit a wall in May — lock, stock and barrel
Maruti Suzuki sells 32,903 units in lockdown-impacted May
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Maruti Suzuki looks to strengthen presence in SUV market
Shashank Srivastava: “We identify what we call the red spots (where other OEMs have presence), white spots (totally new space) and the blue spots (partially catered to by other OEMs)”. The SUV market is on the rise, and it is expected to clock a healthy growth rate at least for the next 3-4 years. The… Continue reading Maruti Suzuki looks to strengthen presence in SUV market
Toyota hopeful of good times returning with Covid on the wane
Toyota Kirloskar Motor (TKM) is betting big on the Innova Crysta and Fortuner to keep the momentum going once the lockdown is lifted and normal business resumes. It is also working towards reducing the order-to-lead times on these two models. “While sentiment at the higher end may remain muted, we anticipate good demand in the… Continue reading Toyota hopeful of good times returning with Covid on the wane