Import of laptops, tablets and personal computers in the country may be limited early next year. This will encourage device makers like Apple to increase local manufacturing. If this plan is implemented, there can be a big change in this 8-10 billion dollar industry. Reuters has quoted sources in a report saying that the central…
Maruti Suzuki’s Fronx crosses sales of more than 1 lakh units The country’s largest car maker Maruti Suzuki’s Fronx has reached one lakh units. The company had introduced the Fronx at last year’s Auto Expo. It has achieved sales of one lakh units in about 10 months since its launch. In this, the share of…
The manufacturing of compact SUV Nexon of Tata Motors, one of the big automobile companies, has reached six lakh units. It is one of the most popular SUVs in this segment. Last year the company also launched its electric version. It competes with Maruti Suzuki’s Brezza, Mahindra’s XUV300, Nissan’s Magnite, Kia’s Sonet and Hyundai’s Venue….
Toyota, among the global automobile companies, has sold the highest number of vehicles in the world last year. Despite the increase in popularity of Electric Vehicles (EV) in the last few years, companies making cars with petrol and diesel engines continue to dominate the automobile market. Last year Toyota sold approximately 1.12 crore vehicles. This…
American devices maker Apple’s major contract manufacturer Foxconn has been accused of not providing jobs to married women in the country. The Labor Department has started its investigation. Officials have visited Foxconn’s factory near Chennai in Tamil Nadu and inquired about the company’s hiring practices. In a Reuters report it was stated that foxconn Married…
Ola Electric, one of the big electric two-wheeler companies, is facing customer dissatisfaction regarding its service. The company has hired consulting firm Ernst & Young (EY) to help solve this problem. Nearly 10,000 complaints have been lodged by customers on the National Consumer Helpline in the last 12 months against the company. The Central Consumer…
This year has started well for the country’s automobile companies. Most of these companies have registered growth in January compared to the same period last year. Nearly four lakh cars were sold in January. Sales of Maruti Suzuki, one of the big car makers, increased by about 15.5 percent to 1,99,364 units. The company had…
Honda Motorcycle and Scooter (HMSI), one of the largest two-wheeler companies, saw its sales increase by 38 percent to 4,19,395 units in January. This includes sales of 3,82,512 units in the country and export of 36,883 units. The company’s exports have increased by 102 percent compared to the same period last year. The company has…
Honda Cars, one of the big automobile companies, has offered discounts and benefits on some of its cars in February. This offer is available on the company’s flagship sedans City and Amaze till the end of this month. The discount is not available on the Elevate SUV launched last year. a media Report According to…
The demand for SUVs has increased rapidly in the automobile market in the last few years. Nissan’s Magnite SUV has crossed one lakh units sold in India. It was launched about four years ago. Its starting price is Rs 4.99 lakh (ex-showroom). Magnite, a compact SUV measuring less than four metres, competes with Maruti Suzuki’s…
