Driven by sales of four premium models, Vitara Brezza, Ciaz, Baleno and S-Cross, Maruti Suzuki India (MSI) registered a sales growth of 16.2% and garnered over 48% market share in April 2016. These four premium models have been the primary growth drivers, contributing more than 25% share of its domestic sales of 1,00,709 units in […]
With India’s growing economy coupled with a growing number of salaried individuals with disposable incomes, the demand for all sorts of luxury goods is on the rise. Among other things, the sale of premium automobile variants is seeing a major boost. Banks are fuelling this penchant for aspiring automobile owners by gladly extending loans at […]
Toyota Kirloskar Motor Pvt. Ltd. (Toyota), the India-based subsidiary of Toyota Motor Corporation of Japan, is all set to launch its new Toyota Innova Crysta in the first week of May. Though the official unveiling of the vehicle hasn’t occurred as of yet, a number of images and details of the new vehicle are available […]
As per data recorded during the January to March 2016 period, the Indian automobile market has witnessed robust growth despite restrictions on sale of high engine capacity diesel vehicles. During the study period, utility vehicle sales witnessed an increased by 12.7% to reach the 213,000 units mark as per data published by SIAM (Society of […]
Demand for automatic cars has witnessed a steep rise in India with 1 in every 10 cars sold in the country being an automatic. According to a report published by Nielsen and Frost & Sullivan, with automatic cars already accounting for 10% of all cars sold in India and even more automatic car launches planned […]
Maruti-Suzuki Vitara Brezza, the recently introduced compact sports utility vehicle (SUV) from Maruti, has garnered an unprecedented level of interest. The vehicle’s booking numbers since launch have already exceeded 40,000 units with new booking wait times of 3 to 5 months. First showcased by Maruti in the 2016 Auto Expo, this compact SUV was launched […]
Tata Motors, India’s leading automobile manufacturer on the basis of revenues, has launched its highly anticipated affordable hatchback —Tata Tiago. The automaker’s latest offering boasts of an introductory price tag of Rs. 3.2 lakhs for the base model, while the premium variant is priced at Rs. 5.54 lakhs (ex. showroom New Delhi). Tiago hatchback is […]
Kia Motors, a subsidiary of South Korean auto major Hyundai, is all set to enter the Indian auto market, which is expected to become the third largest car market by 2020. Kia has been contemplating its entry into the Indian automobile market for many years but had delayed its plans due to the slowdown in […]
German luxury carmaker Mercedes-Benz launched Edition E in the E-Class series on February 24, 2016 as part of its celebration of 20 years of production in the country. This refreshed version of E-Class will be priced between between Rs 48.60 lakh and Rs 60.61 lakh. Mercedes-Benz has sold more than 32,000 units of the E-Class series since it […]
In today’s day and age, the car an individual owns tends to define their social standing, and buying the car of choice remains a dream for many. But nowadays, a number of financial institutions provide car loans to help realize that very dream. There are of course a number of things that one needs to […]
