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Sale of mini car segment of Maruti Suzuki which comprises of Alto and S-Presso in total PV sales has fallen to seven per cent in September 2023 from 51 per cent back in September 2010.
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Passenger vehicles (PVs) and two wheelers (2Ws) can become further costlier towards the later part of the current calendar year.
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It is not feasible to get rid of diesel-driven vehicles on Indian roads, Vinod Aggarwal, president of the Society of Indian Automobile Manufacturers, told the Business Standard, arguing that for some categories of vehicles such as long-range trucks diesel is the only fuel option.
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Prices of entry-level two-wheelers have gone up by 50 per cent in the past three years.
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Maruti Suzuki India's (MSI) Utility vehicle sale has doubled in last one year!
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Compact vehicles fleet of MSI currently constitute Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR.
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Fada, president, Manish Raj Singhania, has said, that albeit, India’s automobile industry showed yearly jump in auto sales in all the segments in August, 2023. But, going forward, insufficient rainfall, can ironically wash-out auto sales.
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Dealers are expected to give steep discounts on hatchbacks via-a-vis SUVs in upcoming festive season in October, 2023!
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Ministry of Heavy Industries (MHI) considers the PLI-Auto applicants of automotive industry as one of the crucial stakeholders of the scheme.
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Come Tuesday (August 22, 2023) and India’s road safety canvas will undergo a vast transformation with the Minister of Road Transport and Highways, Nitin Gadkari flagging off Bharat New Car Assessment Programme (Bharat NCAP), a template that is designed to turn Indian roads safer for all users.
