Cars & UVs
Aston Martin unveils new Vantage: A Rs 3.99 crore marvel of power and luxury
Aston Martin has introduced the new Vantage, priced at Rs 3.99 crore. Its 4.0-liter V8 Twin Turbo engine delivers 665PS and 800Nm, accelerating from 0 to 60mph in 3.4 seconds. The car features advanced dynamics, luxury interiors, and cutting-edge technology. Deliveries are expected by the last quarter of 2024.
Hyundai plots India SUV rollout as domestic competition mounts ahead of IPO
Hyundai Motor aims to reclaim market share in India by launching new SUVs and its first locally-made electric vehicle in 2025. With a $3 billion public listing on the horizon, Hyundai plans to introduce hybrid cars and increase focus on premium vehicles to boost margins in the world's third-largest car market.
Mahindra Thar Roxx launched in India: Check this five-door SUV, price, and features
Mahindra & Mahindra has officially unveiled the much-awaited Thar Roxx in India, marking the debut of the brand's five-door SUV variant. The starting price for the base petrol model is Rs 12.99 lakh (ex-showroom), while the diesel version begins at Rs 13.99 lakh.
Automakers to extend discounts on new purchases against scrap vehicles
Leading automakers in India, including Maruti Suzuki, Hyundai Motor India, and Tata Motors, have committed to extending discounts on new vehicle purchases in exchange for scrapped vehicles under the government's Voluntary Fleet Modernisation Programme. Passenger vehicle makers will offer discounts for one year, while commercial vehicle makers will provide discounts for two years. This initiative aims to promote a circular economy and encourage the use of cleaner and safer vehicles.
Tata Punch emerges as India's top-selling car, beats Maruti's WagonR
Tata Motors's Punch overtook Maruti Suzuki's WagonR as India's top-selling car between January and July 2024. The Punch's rise is attributed to its positioning as a micro SUV and its diversified fuel options, including electric and CNG. In July, Hyundai Creta surpassed Punch, which dropped to fourth place in sales rankings.
Skoda Kylaq: Czech car maker picks Sanskrit name for its compact SUV to challenge Fronx, Nexon, and 3XO
Skoda announced the name of its new subcompact SUV for India, named 'Kylaq,' slated for a 2025 launch. Selected through a public campaign, Kylaq follows the brand's naming convention. Built on the MQB-A0-IN platform, it features split headlamps and LED DRLs. The powertrain is expected to be similar to the Skoda Kushaq's 1.0-litre TSI turbo-petrol engine.
Carmakers revving up style quotient: SUVs get a coupé makeover to woo a competitive market
Tata Motors is entering the mid-SUV segment, where it has not been present so far, with the coupé styled Curvv, offering buyers an option to choose from electric, petrol or diesel drivetrains. The mid-SUV segment is the fastest growing passenger vehicle segment and had a 16% share of total industry volumes last fiscal year. The introductory price of Rs 17.49 lakh for the electric variant.
Mahindra expects Thar to displace the Scorpio as its flagship brand
With Roxx priced from Rs12.99 lakh Rs20.49 lakh (ex-showroom) and pitted against the Hyundai Creta, Suzuki Grand Vitara, Kia Seltos, Mahindra is eyeing a leadership position in the midsize-SUV segment (priced over Rs12.5 lakh) over the next three to five years.
Mahindra targets leadership position for Thar range in mid-size SUV segment in next 3-5 yrs
Mahindra & Mahindra planned to make its Thar range dominant in the mid-sized SUV market within 3-5 years by introducing the five-door Thar Roxx. The company invested Rs 1,100 crore in its development. Bookings start on October 3, 2024, and deliveries commence on October 12, during Dussehra.
Maruti Suzuki gets Rs 3.8 crore show cause notice from customs authority
Maruti Suzuki India received a show cause notice from customs authorities demanding payment of over Rs 3.8 crore in differential duty. The company must justify claiming duty exemption on certain imported goods and pay the specified amount, plus interest and penalties. Despite the notice, Maruti Suzuki stated that there would be no significant impact on its financial or operational activities. The company's shares were trading slightly higher at Rs 12,206.85 on the BSE.
Jaguar Land Rover begins deliveries of locally-manufactured Range Rover Sport
Jaguar Land Rover, owned by Tata Motors, launched locally-produced Range Rover Sport in India, marking a key milestone in its portfolio. Priced at Rs 1.40 crore, the SUV is available in petrol and diesel versions. Rajan Amba, MD of JLR India, announced the complete Range Rover line is now made-in-India, expanding local production to six models.
Maruti Suzuki commences export of Made in India Fronx to Japan
Maruti Suzuki India has started exporting its Fronx SUV to Japan, with the first shipment of over 1,600 units leaving from Gujarat's Pipavav port. Fronx will be the first SUV from Maruti Suzuki to be released in Japan, following its record-breaking sales in India since April 2023.
Why have European car makers struggled to succeed in India?
European brands have failed to capitalise on successive waves of boom in the Indian car market. With Chinese brands pushing them out and the western market stagnating, India remains the great hope. ET looks at what they can do
Curvv effect: After Rs 1.2 lakh price cut, Tata Motors hikes discount on Nexon.ev again
Tata Motors has raised discounts on its Nexon.ev by up to ₹60,000 to boost slow sales. This comes after a ₹1.2 lakh price cut. The company's electric vehicle sales have been declining, with the Nexon.ev's sales particularly affected. The newly launched Curvv.ev may also affect Nexon.ev sales due to overlapping prices.
Mercedes-Benz confident of double-digit growth this year, rolls out 2 new top-end models
With the unveiling of the Mercedes-AMG GLC 43 4MATIC CoupA and CLE 300 Cabriolet AMG Line, priced at Rs 1.105 crore and Rs 1.10 crore, respectively, the company has strengthened its top-end product range further.
Mercedes India launches CLE Cabriolet and AMG GLC 43 Coupe: Check varients, price, special features, other details
Mercedes-Benz has introduced the CLE Cabriolet and AMG GLC 43 4Matic Coupe in India, featuring premium designs and advanced tech. The CLE sports a 255hp turbo engine, while the GLC 43 offers 416hp. Both vehicles are packed with luxury features to appeal to discerning buyers. They are part of Mercedes' plan to launch six new models this year.
