Latest Car News in India

India's monthly car sales increased 15% in June from a year ago, accelerating from 10 months of stunted growth, on improved consumer sentiment and a rush among buyers to avail of excise duty benefits. Passenger carmakers sold 160,232 units in June compared with 139,624 in the year-ago month, data released by the Society of Indian Automobile.... [Read More]

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 33,514 units and exports of 17,004 units with cumulative sales of 50,518 units for the month of June 2014.   [Read More]

Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, recorded a monthly domestic sales of 11,040 units in April 2014 registering a growth of 30% owing to the success of the all new Honda City and strong sales momentum for Honda Amaze. The company sold 8,488 units in the corresponding month last.... [Read More]

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 35,248 units and exports of 14,974 units with cumulative sales of 50,222 units for the month of April 2014.     Commenting on the April sales Mr. Rakesh Srivastava, Sr. VP-.... [Read More]

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. "The good news is that industry is expected to grow in single digit in this calender year and the company would do better than the.... [Read More]

Barring Maruti Suzuki BSE -1.07 % and Hyundai Motors — the market leader and the runner up — all other car makers in top 10 in sales and market share have seen a change in their fortunes, in what has been a calamitous year for some. Honda Cars is the biggest gainer having posted over 80% growth and has pierced into the top five.... [Read More]

The mainline car market may be struggling, but luxury makers are riding the wave of the affluent Indian, who wants to announce his wealth and success. Undaunted by the slowing economy and rising fuel prices, the luxury market has seen healthy demand in the last financial year, encouraging companies to work on new launch plans and further.... [Read More]