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Maruti Suzuki slips 2% on weak Q1 numbers

NEW DELHI: Maruti Suzuki India Ltd slipped over 2 per cent in early trade on Monday after India’s biggest carmaker, lagged estimates with a 23 percent fall in fiscal first-quarter profit. best canned dog food The fall was its fourth consecutive quarterly drop in profits as weakening currency led to increase in expenditure. The increase in other expenditure was mainly ... Read More »

Audi takes lead on BMW in luxury car market

NEW DELHI: In the pulsating race for leadership in India’s luxury car market, Audi has opened up a slender lead on BMW, its German peer that has ruled the Indian luxury car space for the past three years. Audi sold 759 cars in June, compared with BMW’s 750, in a market that is clearly showing signs of a slowdown. Sales ... Read More »

Yamaha’s $500 Motorcycle: Will it Work in India?

In India, ultracheap cars and laptops target hundreds of millions of emerging consumers who wouldn’t otherwise be able to buy these products. Now Yamaha Motor is looking to get in on the trend with a $500 motorbike that will be its lowest-priced model globally. But does ultracheap mean extra profitable? Tata Motors made a big splash with the little Nano ... Read More »

Mercedes-Benz launches C-Class AMG

The German luxury carmaker Mercedes-Benz India today launched the new C-Class AMG Performance Edition with a sports package and hinted at introduction of several other models in the current year and next year. The next major launch in India is likely to be from their B-Class range (made in India) around the festival season this year, followed by other models ... Read More »

Carmakers eye petrol engine exports as capacities lie unused

The rapid rise in diesel car demand over the last two years has created a unique problem for the industry. Large petrol engine manufacturing capacities lie unused today, while dealers and plants are up to the neck with stocks of petrol cars having a hard time finding a happy home to park themselves in. Worried about the dipping returns from ... Read More »

Audi launches the 2012 A4 in India

In a surprise move Audi has launched the updated A4 ahead of schedule and it’s cheaper than the outgoing model. The previous A4 has been the best selling model in its segment, despite being at the end of its life cycle. Eager to ride the wave Audi have released the new model to cater to the customer demand. We have ... Read More »

Toyota begins Etios exports

Automobile major Toyota, through its joint venture with the Kirloskar group, on Wednesday, began exporting Etios cars, manufactured at the Bangalore plant, to South Africa. The first batch, of 247 Etios, were loaded on to m.v.Antares Leader, a roll-on-roll-off vessel, at the Ennore port in the presence of two Karnataka Ministers, R. Ashoka and Murugesh R. Nirani, and senior executives ... Read More »

Feb car sales up 13 pct y/y

Demand for cars in India fell for the first time in three years last July as high interest rates and rising fuel costs deterred buyers. Indian automakers sold 211,402 cars in February, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Monday. Sales of trucks and buses, a key indicator of economic activity, rose 18.7 percent ... Read More »