With the launch of premium hatchback Maruti Suzuki Baleno and an upgraded premium sedan Maruti Suzuki Ciaz, the competition in these segments is intensifying with rival carmakers like Hyundai and Honda.
Had it not been a string of new launches by manufacturers like Maruti Suzuki, Hyundai, M&M and Renault, the sales of passenger vehicles would not have seen a growth of 7.24% in FY16 — a five-year high — but contracted by
With just two models in its portfolio and over six months of operations, Maruti Suzuki's Nexa network has moved ahead of the European and American automobile players in the Indian market in sales volume.
Two-wheeler market leader Hero MotoCorp is aiming at reducing its expenses on development of products while it reduces dependence for technological inputs as it inaugurated a new research and development centre on Wednesday.
After workers at the Honda Motorcycle and Scooter India’s Tapukara plant in Alwar, Rajasthan went on strike on February 16, the company has taken a major hit on production and has downsized its regular production target to