A discount of up to Rs 50,000 is being given on select cars of South Korean automobile company Hyundai Motor. These include Alcazar, Grand i10 Nios CNG, Verna and Tucson. There is no discount on the company’s Exter compact SUV, Creta and electric vehicle Ioniq 5. a media Report According to , the diesel variant…
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…
The country’s largest car maker Maruti Suzuki launched the Jimny SUV last year. However, it has received a lukewarm response from customers. The company has sold only 163 units of Jimny in January. It competes with Thar from Mahindra & Mahindra, one of the big automobile companies. More than 6,000 units have been sold in…
Hyundai’s Creta, one of the big automobile companies, has crossed 10 lakh units in sales. This first SUV of the company was launched in the country about nine years ago. Despite many automobile companies launching models in this segment, Creta is getting good response. It competes with Kia’s Seltos, Maruti Suzuki’s Grand Vitara, Tata Motors’…
The country’s largest car maker Maruti Suzuki has sold 1,97,471 units in February. This includes the company’s sales of 1,63,397 units in the country, sales of 5,147 units to other OEMs and exports of 28,927 units. The compact segment has been the most demanding for the company. In the compact segment, Maruti Suzuki has Baleno,…
Honda Cars, one of the big automobile companies, has launched the Made in India Elevate SUV in Japan. It will be called ‘WR-V’ in Japan. This is the first time that Honda Cars’ Indian unit has exported a car to Japan. It was launched internationally in September last year with India as its first market….
The sales of the country’s largest car maker Maruti Suzuki increased by 15 percent to more than 1.52 lakh units in March. The company is getting strong demand in the utility vehicle segment. In the last financial year, Maruti Suzuki has made record sales of more than 21 lakh units. The compact car segment has…
The total manufacturing of the country’s largest car maker Maruti Suzuki has crossed three crore units. The company started manufacturing in the country in December 1983. It has manufacturing plants in Gurugram and Manesar in Haryana and Hansalpur in Gujarat. The company had manufactured 10 lakh units in 1994. After this, in April 2005 it…
South Korean automobile company Kia’s Sonet has crossed the sales of four lakh units in India. It was launched about four years ago. This sales includes sales in the country as well as exports. Its 3,17,754 units have been sold in the country and 85,814 units have been exported. The company launched the updated Sonet…
The country’s largest car maker Maruti Suzuki has achieved record profit in the fourth quarter of the last financial year. The company is getting strong demand for Sports Utility Vehicles (SUV). Apart from this, its margin has increased due to some reduction in manufacturing cost. Maruti Suzuki’s consolidated net profit in the January-March quarter increased…