Hero MotoCorp sold 254,813 Splendors, about 4,000 more than the 250,681 Activas sold by its rival Honda Motorcycles and Scooters India.
The industry was expecting to sell 3 million passenger vehicles for the first time in 2016-17, but now it seems a moot possibility.
M&M's used car biz becomes the first private firm to tie up with a bank for conducting online auctions of repossessed and off-lease cars. Ajay Modi reports.
German luxury car maker has expanded its product offering with the launch of 11 products this year.
It is immediately not clear how GST will impact the mass car market. Experts, however, say the level of tax on smaller cars will have to be at a differential to the sedans.
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
Maruti Suzuki growing in double-digits; Suzuki's Japan Q1 top line rose only 1%.
One of the smallest players in India's car market, it is banking on new-look Etios to make inroads into the personal vehicle segment
A number of companies, including Maruti Suzuki, Renault and Nissan, are giving gold coins to buyers who book cars by the month-end. There are other benefits as well, reports Ajay Modi.
The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross
Maruti Suzukisaid it was trying to offer more factory-fitted CNG cars to address environmental concerns
The French car maker has gained a firm footing in the small car segment, and is well on its way to becoming the topmost European car brand in India
A large part of the credit for the Kwid's success goes to sourcing of local components. This allowed Renault to launch the car at Rs 256,000 in September 2015
Sunil Munjal will pursue new business interests and lead Hero Corporate Services as its chairman.
Young buyers willing to frequently replace older models with newer ones are boosting bookings and sales.
One litre of petrol now costs Rs 64.76 while the diesel price is Rs 54.70 a litre in Delhi
Maruti, Hyundai & Mahindra together had 72.5% market share in year's first half.
The Kwid was launched in the last week of September.
One can see the scale of recalls going up as the market expands.
The total dividend income for seven firms grows 25%.
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