Maruti Suzuki board approves supply of SUV Vitara Brezza to Toyota; move to result in incremental sales
In pursuance to the same, in March last year, Maruti board approved the supply of a product derivative of Baleno to Toyota Kirloskar, which currently sells the product as Glanza.
Auto stocks slump nearly 12% as lockdown-hit automakers score nil domestic sales in April; Index drops over 6%
Auto stocks on Monday plunged nearly 12 percent after top carmakers, including Maruti Suzuki reported zero monthly domestic sales for the first time ever in April after the nationwide lockdown halted output and shut sales network
A week after the Centre announced allowing partial resumption of production by industries, automobile companies including Maruti Suzuki, Toyota, Tata Motors and Mercedes-Benz are yet to resume production stating that the entire supply chain, including component suppliers and dealers, needs to start operating to re-start production
Coronavirus Outbreak: Availability of components critical to restart manufacturing operations, say automakers
Major carmakers like Maruti Suzuki, Hyundai, Toyota and Honda have not yet resumed production at their factories stating that availability of components is a prerequisite to re-start operations at factories, which continue to remain inaccessible due to the nationwide lockdown
Auto sales decline in February: Coronavirus outbreak in China hits component supply; challenge to continue for few weeks
Automakers Mahindra and Mahindra Ltd and Tata Motors said their supply of parts from China had been hit, as fallout from the coronavirus outbreak mounts.
Toyota Kirloskar Motor (TKM) on Monday urged the government to come out with a scrappage policy for old vehicles ahead of the Budget, while also seeking to extend income tax benefits available for electric cars to other vehicles as well
Maruti Suzuki's domestic auto sales rise in October, first time in 7 months; M&M, Toyota improve performance
Automobile manufacturers, including Maruti Suzuki India, Mahindra & Mahindra and Toyota Kirloskar Motor, on Friday reported improved sales in October driven by festive season demand amid a prolonged slowdown in the sector
Auto sector slowdown: Sales continue to be on slow track in September; festive season fails to cheer vehicle industry
Before suffering the steepening slump in sales, the auto industry provided one of the few bright spots for manufacturing
Auto sector slowdown: Festive season fails to lift passenger vehicle sales, major cos report decline of up to 56% in September
Major automobile makers, including Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Toyota and Honda, on Tuesday reported double-digit declines in domestic passenger vehicle sales in September as onset of the festive season failed to lift the ongoing slump in the auto industry
Maruti Suzuki, Tata Motors' PV market share decline in April-Aug; Hyundai, M&M gain despite selling less this fiscal
Maruti Suzuki India (MSI) saw its market share dip by over 2 percentage points during the period under review and slip below 50 percent in the domestic passenger vehicle segment in April-August
Market leader Maruti Suzuki India's production during the period stood at 5,32,979 units, down 18.06% from the comparable period last fiscal.
Continuing to face rough weather, Maruti Suzuki, Hyundai and three other auto majors reported a double-digit decline in sales in July as consumer sentiment remained subdued
The company considered the price hike after periodically reviewing the continuous pressure of increasing manufacturing costs, which is also a general industry phenomenon, Toyota Kirloskar Motor said
Falling rupee, higher crude oil prices impacting auto industry: Toyota Kirloskar Motor top executive
Rupee depreciation is impacting the bottomline of auto industry, which is already reeling under the impact of increasing crude oil prices, a top official of Toyota Kirloskar Motor said on Friday
Toyota is only offering the Yaris with a 1.5-litre VVT-i petrol engine generating 107PS and 140 Nm of torque and wears a sharper design theme.
Automobile majors Hyundai Motor India, Mahindra & Mahindra and Ford India reported moderate growth in their domestic passenger vehicle sales in March
As per the agreement, Suzuki will supply premium hatchback Baleno and compact SUV Vitara Brezza to Toyota, while Toyota will supply sedan Corolla to Suzuki
Earlier Isuzu, Skoda Auto India and Honda Cars India have announced hike in vehicle prices
Maruti Suzuki India (MSI) said its domestic sales were at 1,36,000 units, up 9.9 percent from 1,23,764 in October last year
As per the GST Council 's decision, the hybrid models fall under 28 percent tax slab and another 15 percent is also applicable.