Honda has launched its third offering in the 160cc space, the new SP160, and priced it between Rs 1,17,500 and Rs 1,21,900. This means it slots right in between the Unicorn and the XBlade in terms of price. In terms of appearance as well, it sits between these two Hondas – the Unicorn is a traditional, old-school commuter, while the… Continue reading Honda SP160 now on sale, priced from Rs 1.18 lakh
Tag: Suzuki
Japan’s Suzuki to get bigger stake in India’s Maruti after sale of plant
Maruti Suzuki, India’s top automaker by sales, said on Tuesday it would pay Suzuki Motor in preference shares to take over a local manufacturing plant in a deal that will also boost the Japanese automaker’s stake in the company. The share allotment will boost Suzuki’s stake in the Indian automaker by about 1.8%, Maruti’s chief… Continue reading Japan’s Suzuki to get bigger stake in India’s Maruti after sale of plant
UAE Motorcycle Markets, Trends, Competition, Forecasts & Opportunities, 2018-2022 & 2023-2028
DUBLIN, Aug. 8, 2023 /PRNewswire/ — The “UAE Motorcycle Market, By Propulsion (ICE, Electric), By Type (Standard, Cruiser, Sport), By Region, Competition Forecast & Opportunities, 2018- 2028F” report has been added to ResearchAndMarkets.com’s offering. The UAE Motorcycle Market has been steadily growing, reaching a valuation of USD 115.09 million in 2022, and is projected to maintain… Continue reading UAE Motorcycle Markets, Trends, Competition, Forecasts & Opportunities, 2018-2022 & 2023-2028
Maruti Suzuki to acquire SMG shares through equity swap
Maruti Suzuki announced that its board had convened on July 31, 2023, and had approved the termination of the contract manufacturing agreement (CMA) with SMG. New Delhi: Maruti Suzuki, the leading automobile manufacturer in India, is set to acquire the shares of Suzuki Motor Gujarat Private Limited (SMG) from Suzuki Motor Corporation (SMC) through an… Continue reading Maruti Suzuki to acquire SMG shares through equity swap
Maruti Suzuki to issue equity shares to Suzuki Motor Corp to acquire Gujarat subsidiary
The Maruti Suzuki Board has approved issuance of equity shares of the company on a preferential allotment basis to Suzuki Motor Corporation (SMC), as consideration for the acquisition of 100% stake of SMC in Suzuki Motor Gujarat Private Limited (SMG), announced on July 31. If the shares are allotted at a current market price, this… Continue reading Maruti Suzuki to issue equity shares to Suzuki Motor Corp to acquire Gujarat subsidiary
Fiat could make a comeback in India
The Stellantis Group, which operates Jeep and Citroen in India, is likely to leverage its STLA Medium (M) platform to bring back the Fiat brand to India. Unveiled earlier last month, Stellantis’ STLA M platform is understood to be making its way to India with the next-gen Jeep Compass in 2026 along with Citroen’s next-generation models, which will also use the… Continue reading Fiat could make a comeback in India
Auto retails up 10% YoY in July, all segments log YoY growth but three-wheelers shine
The real-world, retail sales numbers for India Auto Inc are out and they look to be a mixed bag. The good news is that overall sales of five vehicle segments at 17.70 million units are up 10% on July 2022’s 16.09 million units. The not-so-good news is that this number is down 5% on June… Continue reading Auto retails up 10% YoY in July, all segments log YoY growth but three-wheelers shine
Why a baby Land Rover Defender should have launched years ago
The case for a smaller Defender has been clear for years, as product strategy types at Land Rover (is that still a valid name?) have known for more than a decade. But the advent of the latest full sized Defender four years ago has only made it stronger. Main reasons: size and cost. Back in… Continue reading Why a baby Land Rover Defender should have launched years ago
Yeh dil maange more: Companies now focus on ‘all things premium’
Updated On Aug 7, 2023 at 07:40 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The Maruti Suzuki Jimny and the new Kia Seltos as well as the forthcoming Citroen C3 Aircross and the Honda Elevate are all tagged upward of INR 10 lakh. The entry level segment seems to have… Continue reading Yeh dil maange more: Companies now focus on ‘all things premium’
Maruti Suzuki No. 1 SUV maker in July, Nexa sales outpace Hyundai to take No. 2 PV rank
Maruti Suzuki India, the country’s largest car maker, has overtaken Mahindra & Mahindra to become the largest SUV maker in terms of volumes in July 2023. In the process, its premium sales channel Nexa has wrested No. 2 position from Hyundai Motor India in terms of total automotive sales for an OEM brand. In July… Continue reading Maruti Suzuki No. 1 SUV maker in July, Nexa sales outpace Hyundai to take No. 2 PV rank