While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October. The passenger vehicle market felt the jitters of the government’s move to demonetise high-value currency of notes Rs 500 and Rs 1,000, with wholesale volumes rising by just four per cent last month. However, some companies, including market leader Maruti Suzuki, Tata Motors and Toyota Kirloskar, ... Rediff.com, 2 months ago
Rival Japanese automakers Toyota and Suzuki have started formal talks on a wide-ranging strategic partnership. Auto analysts say a deal could speed up introducing new green cars, reduce cost and protect and increase their respective market share in India, ...The Financial Chronicle, 1 week ago
Demonetisation has hit car sales of big players such as Maruti, Hyundai, Mahindra and Ford, while others such as Toyota, Renault, Tata Motors, Volkswagen, and Nissan reported good sales during December in Asia’s third biggest car market. Auto honchos and ...The Financial Chronicle, 1 month ago Carmakers cheer good sales The Financial Chronicle, 2 weeks ago
Auto honchos and analysts had feared that the government’s demonetisation move on November 8 would impact passenger vehicles as it had reduced footfalls in showrooms across Asia’s third biggest car market. However, consumer demand at dominant market ...The Financial Chronicle, 2 months ago
Discounts are at their highest levels around this time Maruti and M&M are offering cash benefits Prices will most likely go up in January Ajay Modi/Business Standard reports from New Delhi. "If I were in the market to buy a car, I would have bought it now," says Jnaneswar Sen, the senior vice-president (sales & marketing), Honda Cars India. Impacted by the cash crunch in the hands of buyers, car makers are doing their best to bring them back to the showrooms. From discounts to ...Rediff.com, 2 months ago
The measures government takes next to push economic growth will be the key for automotive sector Maruti Suzuki India, Toyota and Renault posted double digit sales growth in November even as companies like Mahindra, Ford and Honda saw sales drop as walk-ins at dealerships declined on account of demonetisation of high value currency. Volkswagen also reported robust sales during last month. Maruti Suzuki's domestic sales stood at 1,26,325 units, up 14.2 per cent as against 1,10,599 units in ...Rediff.com, 2 months ago
Toyota Prius has not exactly been a hit with car buyers in Asia’s third biggest car market, the rising pollution in Delhi and Mumbai, the biggest car markets in the country, could prove to be an opportune time to launch the brand new second generation ...The Financial Chronicle, 2 months ago Prius hybrid by january The Financial Chronicle, 2 months ago
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