CNG CAR
Car discounts make comeback after four long years of waiting in the auto industry
Car discounts have returned after four years of long waitlists, driven by changes in the automotive industry's pricing strategies. Dealers are ramping up production to meet high demand, especially for SUVs, and are offering substantial discounts across various models. Some discounts reach as high as Rs 1.5 lakh on specific models, including hatchbacks, sedans, and electric vehicles (EVs).
Tata Motors has a Rs 18,000 crore EV plan, reveals MD Shailesh Chandra
Tata Motors is eyeing 30-40 per cent sales from EVs by FY30 and is planning to spend about Rs 18,000 crore to develope an ecosystem for the electric vehicle business. Over the next two years, the company has scheduled for launch Curvv EV, Curvv ICE ( internal combustion engine) and Sierra EV.
Expect Indian PV market to touch 60 lakh units by 2030, targeting 18-20 pc share: Tata Motors
Tata Motors targets significant market share growth by FY30, focusing on EVs, CNG vehicles, and new product offerings. The company strategically prepares for upcoming CAFE III norms and aims to capitalize on industry transitions for sustainable growth.
Car discounts: Check offers on cars of Maruti, Tata, Honda, Hyundai, Mahindra, Skoda and Volkswagen
Car makers like Maruti Suzuki are offering significant discounts on various SUV models to boost sales in a slow market. This approach is driven by the need to clear inventories and attract customers amidst muted demand, as highlighted by industry analysts.
Carmakers take the multiple powertrain ride
Carmakers from industry leader Maruti Suzuki to Tata Motors, Toyota Motor, Honda and Citroen, a relatively newcomer in the Indian market, offer diverse options in powertrains, from petrol, diesel and CNG to flexible fuel, electric and hybrid.
EV policy in limbo, Delhi electric car buyers not getting subsidies for last six months: Report
Amid non-renewale of Delhi's EV Policy, subsidies are not reaching car buyers. While the govt blamed bureaucratic procedures for the delay, some officials blamed the banks for delaying subsidy disbursal.
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What Is zero depreciation in car insurance?
Car owners are advised to drive responsibly to save on insurance premiums and claim settlements. The concept of zero depreciation insurance ensures full invoice value payment during claims. This add-on is beneficial for new, luxury, or frequently-driven cars, and those in high-risk areas.
Inside Tata Motors' plan to stay ahead in the EV race
Tata Motors, a dominant player in the Indian electric car market, is on a mission to solidify its position by implementing an ambitious plan. With a significant increase in electric car sales in the past fiscal year, the company aims to further drive growth by integrating electric vehicles (EVs) and rooftop solar (RTS) systems. Tata Motors plans to promote synergy between RTS and EVs, with the goal of having 50 percent of Tata EV users also utilizing RTS by the end of the decade, a substantial increase from the current 10-15 percent.
Discount deals: Tata cars drop prices by up to Rs 60,000; Tiago, Altroz, Nexon, and more on sale now
As the sun shines brighter and temperatures soar, Tata Motors is ushering in the summer season with irresistible discount deals on some of its most sought-after car models. For those contemplating a Tata vehicle purchase this month, the timing couldn't be more perfect – substantial savings await on popular models including the Tiago, Altroz, Nexon, Harrier, and Safari.
Suzuki predicts India market to expand 2% in FY25, Maruti to outpace industry growth
India is a bright spot for the Japanese auto giant, accounting for as much as 89% of the incremental volume of 168,000 units sold by Suzuki globally in the last fiscal year. While sales fell in several key markets, the Indian subsidiary posted a 9% increase in volume at 1.79 million units in fiscal 2024.
Consumers bend the road: No straight drive from ICE to electric
The transition from internal combustion engine (ICE) vehicles to electric vehicles faces challenges as consumers show a preference for hybrids and CNG vehicles over pure EVs. Maruti Suzuki expects significant growth in CNG car sales, signaling a shift towards alternative fuel technologies alongside traditional options.
Maruti Suzuki expects over 30% jump in CNG vehicle sales at six lakh units in FY25
The company sells CNG trims across various models like WagonR, Brezza, Dzire, and Ertiga, among others in the domestic market. Bharti said the company's capacity expansion by around 1 lakh units per annum at its Manesar plant, Haryana largely addresses the Ertiga supply issues. Ertiga CNG demand is huge in the market leading to supply issues, he noted.
Planning to buy a car? Maruti is offering Rs 65,000 discounts. Here are all details
Maruti Suzuki Swift Price Discount: Maruti Suzuki is offering substantial discounts on popular hatchback models in May 2024, aiming to attract budget-conscious buyers. Discounts include up to Rs 38,000 on the Swift, Rs 60,000 on the WagonR, and Rs 45,000 on the Alto K10. Discounts also apply to the Celerio and Ignis models. Nexa offers discounts on the Grand Vitara lineup, making it an opportune time for buyers.
Move aside WagonR & Swift, India’s newest favourite is Tata Motors' Punch
Tata's Punch becomes India's top-selling car, outpacing Maruti's WagonR and Brezza. This shift underscores changing consumer tastes and hints at a broader transformation in the automotive sector. With consistent leadership, Tata's success reflects evolving market dynamics and suggests a potential reconfiguration in the competitive landscape, signaling a significant milestone for the company in the Indian car market.
Car more than 15 years old? State govts announce discounts for scrapping; 5 things to know about how to scrap an old car
How to scrap an old car: Several states in India are offering discounts of up to 25% on personal vehicle prices or road taxes for customers who scrap their old vehicles and buy a new one. The government's Voluntary Vehicle Fleet Modernization Program aims to get rid of old and unfit vehicles that cause pollution and harm the environment. Different age criteria apply to commercial and private vehicles, and it is mandatory for states to promote the scrapping of old vehicles.
Maruti’s lucrative CNG play getting bigger to help sustain run on D-St
The company is well placed to benefit from any reduction in duty on hybrid vehicles and valuation multiple re-rating from possible listing for Hyundai Motor India.
Suzuki making smaller hybrid cars for India with much better mileage: Maruti chairman
Japanese auto giant Suzuki is working on smaller hybrid cars that will offer much better mileage than the current cars, Maruti Suzuki Chairman RC Bhargava revealed. Speaking to reporters after the announcement of Maruti's Q4 earnings on Friday, Bhargava highlighted that the costs of the technology used in Toyota hybrids are still high, resulting in expensive cars. He emphasized the need for a cost-effective hybrid car and mentioned that Suzuki Japan is developing smaller hybrid car technology.
Not all big cars are created equal: Half of cars sold in India really not SUVs
Going strictly by the GST Council's definition, SUV sales were 445,556 against the 2.13 million attributed to the segment by carmakers. To be sure, that doesn't take away from the shift in customer preference toward the SUV silhouette.
Small cars likely to stage a comeback by 2026 amid rising entry-level incomes, says Maruti Suzuki chairman RC Bhargava
Maruti Suzuki chairman RC Bhargava anticipates a revival of small car sales by 2026, driven by rising income levels among entry-level consumers and the transition of scooter and motorcycle owners to cars. Despite a recent surge in SUV sales and a decline in small car demand, Bhargava believes that the affordability of small cars will become more manageable for buyers as their purchasing power increases.
Toyota launches Urban Cruiser Taisor at Rs 7.73 lakh onwards, working on more premium models
Toyota launched the Urban Cruiser Taisor in India, offering various engine options, transmission types, and advanced features. The car competes with popular models like Tata Nexon, Nissan Magnite, and Kia Sonet.
Domestic car sales in last financial year grew by nearly 9% to a record 4.23 mn units
Car sales in India soared by 9% to 4.23 million units last fiscal, driven by SUV demand. Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Toyota Kirloskar Motor, and MG Motor India all reported significant sales growth across various segments. Around 370,000 cars, sedans and utility vehicles were sold last month, compared to 336,000 units in the year-ago period, making it the 15th consecutive month that PV sales have breached previous monthly records.
No petrol, diesel vehicles in India: Gadkari vows to eliminate fuel cars
Union Minister Nitin Gadkari aims to transform India into a green economy by eliminating over 36 crore petrol and diesel vehicles. With plans to reduce GST on hybrid vehicles and promote biofuels, he envisions using fuel import savings to benefit farmers and create jobs.
In the green race, auto companies hop on powertrains
Car companies in India are adapting to a mix of powertrain technologies, including petrol, hybrids, and electric, to meet policy initiatives and changing preferences. The market demands diverse options for cleaner and sustainable transport solutions, driving competition and innovation.
Top 5 car launches under Rs.20 lakh in 2024
Top 5 car launches under Rs.20 lakh: ET Wealth and Cardekho.com are here to help you with your car buying decision with the line-up of the most-awaited launches in 2024.
Tata Tiago, Tigor CNG automatic variants, starting Rs 7.9 lakh, launched: Here are price, specification, booking details
Tata Motors introduces CNG AMT variants for Tiago and Tigor models. Priced between Rs 7.90 lakh and Rs 9.55 lakh, these vehicles offer consistent performance with their 1.2-litre, three-cylinder engines. With three Tiago and two Tigor variants available, bookings are open with a ₹21,000 token amount. Tata aims to capitalize on the rising popularity of CNG vehicles, expecting increased sales with these new offerings.
Car buyers in NCR shunning old vehicles to embrace greener options
Replacement demand for vehicles in the NCR has shot up by 30%, outpacing a 22% increase reported countrywide, they said. This has come along with a marked shift away from diesel to more environment-friendly options like CNG, electric and strong hybrid vehicles. The share of diesel in new car sales in the NCR declined to 5.8% this fiscal year from 7.5% in FY23 and 8.8% in FY22. CNG, once used mostly in buses and taxis, now accounts for 20.7% of new vehicle sales.
Delhi taxi ban likely to hit ride-hailing apps; Uber writes to LG
Ride-hailing platform Uber has opposed the move in a letter to the Lieutenant Governor of Delhi-National Capital Territory. In its communication, a copy of which has been reviewed by ET, the company said that such movement restrictions are “impractical and hard to execute”.
India should move to ethanol or hydrogen cars instead of electric cars: Maruti Chairman
The carbon footprint of electric cars in India is larger than that of hybrid cars due to the country's reliance on coal for 75% of its electricity, according to R.C. Bhargava, Chairman of Maruti Suzuki Ltd. He suggested that electric cars will only be clean once India obtains at least 50% of its electricity from renewable sources.
Retro-fitment: How to convert a petrol, diesel, or CNG car into an electric one. Rules and process
Retrofitting will enable people to continue using their expensive vehicles and benefit the environment. However, it comes with a significant cost. The process requires approval from a designated testing agency.
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