The country's largest carmaker Maruti Suzuki India said its compact car Alto has become the second model from the company's portfolio to cross the 25 lakh unit sales mark in the domestic market.
Tata Motors-owned Jaguar Land Rover (JLR) reported 30 per cent increase in global sales for April at 37,171 units. The company's sales were up 72 per cent in the China region, 19 per cent in North America, 25 per cent in Asia Pacific and 27 per cent in Europe.
Iconic cult bike maker Harley-Davidson has hit the sweet spot with its model 'Street 750', that is built in India, accounting for nearly 60 per cent of its April sales in the country within the first month of starting deliveries.
The company, as part of consolidating its presence in the two-wheeler market, is also planning to introduce two new motorcycles this year, Suzuki Motorcycle India Executive Vice President, Atul Gupta said, after launching the company's new 110 cc scooterette "LET'S".
Mahindra First Choice Services, the multi-brand car service division of the Mahindra Group, said it plans to set up 450 outlets in the country in next three years.The firm entered the division in 2009 and has opened 28 company-owned outlets across the country.
Car sales in India dipped by 10.15 per cent in April, the biggest monthly decline in a year, as negative sentiments due to gloomy macro-economic conditions continued to plague demand despite cut on excise duties on automobiles.
Japanese auto major Nissan will start selling its Datsun brand from exclusive showrooms within this fiscal as it plans to have in three years' time totally independent outlets of its two brands in India.
Car major Honda Cars India Ltd (HCIL) today said there is a "high" incidence of taxes on automobile sector, saying "cars are more taxed than cigarettes" in the country.
Italian-American auto major Fiat Chrysler plans to launch 12 models in India in the next five years and will start producing models from the Jeep brand in the country by 2015.
A majority of automobile dealers in India are optimistic about increase in their sales volumes in the next six months though a large number of them felt that the current economic scenario had a negative impact on the market, according to a study.
Bajaj Auto today reported a marginal decline in motorcycle sales at 2,99,636 units in April 2014. The company had sold 3,00,827 units in the corresponding month of previous year
Maruti Suzuki India, Toyota Kirloskar Motor and General Motors India, reported decline in domestic sales in April, while Hyundai Motor India Ltd, Honda Cars India and Ford reported increase.
Toyota Kirloskar Motor today reported a 20.35 per cent decline in total sales at 8,328 units in April 2014. The company had sold 10,456 units in the corresponding month of previous year.
Ford India today reported 82.9 per cent increase in total sales at 13,297 units in April 2014. The company had sold a total of 7,270 units in the same month previous year.
Czech Republic automobile major Skoda is looking to expand presence in India and exploring possibilities for setting up a manufacturing unit for Metro coaches in the country.
Force Motors Ltd will set up a manufacturing plant at Chengalpet in Tamil Nadu to manufacture engines and other components. The company will invest about Rs 100 crore to set up this plant.
With the automobile market reeling under a slump, the country's largest carmaker Maruti Suzuki India expects to continue offering discounts in order to boost its sales.
Unlike in the past, this time around SUVs and utility vehicles seem to be losing lustre, putting paid to hopes of those in the auto industry who were banking on improved sales of these vehicles during the election time.
Riding on its new models such as compact sedan Xcent and sports utility vehicle Santa Fe, Hyundai Motor India expects to post better sales this year as the auto industry looks for a turnaround in fortune.
Troubled Hindustan Motors (HM) is pinning hopes on its recent divestment of the Chennai plant and has initiated talks with global automobile firms to set up a joint venture there. The Chennai plant manufactures cars under license from Mitsubishi Motors of Japan.
