Articles
JLR expect new launches to drive sales
Things are looking up for Jaguar Land Rover and with new launches ahead, positive sales are expected to continue.
Despite the pandemic fear looming large across the globe, auto major, Tata Motors surprised the street with its Jaguar Land Rover unit returning to profit in Q2FY21, reporting a significant improvement in positive cash flow in the quarter, as sales and revenue recovered from the impact of COVID-19 in Q1FY21, but remained below pre-pandemic levels…
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Festive cheer for PVs in rural markets
According to ICRA Research, today, the rural market makes a healthy 35-40% contribution to the overall Passenger Vehicles (PVs) sales in India, as opposed to a 25-30% in FY2014.
Over the last five years, the rural market has witnessed significant reforms enabling the Indian population to move up the value chain and expand income levels. Even the COVID-19 pandemic turned positive for the rural market as considerable young migrant labourers returned to their villages and took up entrepreneurship to setup small tertiary farm businesses,…
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Will Magnite be a game changer for Nissan?
Nissan’s new compact SUV, the Magnite, has a lot riding on it. From the looks of it, it should cut the mustard at all levels, but then, analysts will be analysts.
In what seems to many to be a desperate move to survive in the Indian market, Nissan India, has finally unveiled its B-SUV, the Nissan Magnite. This is the company’s first ever product under the Nissan Next strategy for the Indian market, scheduled to be introduced in the second half of FY 2020-21. Magnite is expected to drive…
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Kicking the hornet’s nest
The action just shifted to the sub-400cc Retro motorcycle segment and whoever said picking one was going to be easy, was kidding.
The sub-400cc Retro motorcycle segment is hotting up with Honda deciding to enter this class by launching the H'ness CB350. It is the Japanese manufacturer’s first classic motorcycle in this division and it will go up against the likes of the segment leader, Royal Enfield, Benelli Imperiale 400, and Jawa. Let's take a closer look…
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Screw it, let’s exit
The legendary American motorcycle manufacturer, Harley Davidson, packs up, leaving its 25,300 Indian customers and 35 dealers in the lurch. Dealer association, FADA, cries foul and plans to take up the issue with the Government, demanding a strong Franchise Protection Act in the country.
Just when dealers thought that the arrival of the Festive season would bring with it a new hope of revival, washing away their pandemic blues, the news of Harley Davidson Motor Company “discontinuing its sales and manufacturing operations in India” sent shock waves through them. Now, even customers are clueless about their fate, and the road ahead seems rocky…
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It’s raining discounts
Car companies and Banks are going all out to woo potential buyers
With the festive season starting there is reason for customers to rejoice as both, car companies and banks, are ready with goody bags, to lure customers to loosen their purse strings. The sector which already saw signs of revival in the month of August may see some more traction during this festive season with discounts…
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Ad World
Advertising across platforms has played a key role in sales picking up in the auto sector. Will it be the magic wand to revive demand?
With the festive season round the corner, auto companies are likely to increase their ad spends to lure customers to loosen their purse strings. Auto companies advertised across platforms in the second quarter of this year and advertising revived across traditional and new media, with the sector’s ranking among top advertisers improving significantly by the…
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Auto sector shows signs of revival on back of entry-level cars
The auto sector which has been witnessing a significant slowdown in sales with a slackening of the economy for more than six months, now, with advent of the festive season has started to witness some signs of revival thanks to a surge in demand for small cars as well as two-wheelers.
Auto sales showed signs of revival in the month of August mainly on the back of pent up demand, the festive season nearing, and customers concerned about safety preferring to drive their own cars and bikes rather than use public transport. The auto sector which has been witnessing a significant slowdown in sales with a…
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Will GST rate cut on two wheelers bring festive cheer?
As the government pins hope of a possible Goods and Services Tax (GST) cut on two-wheelers, both the the industry and the buyers, look on with an eager eye.
Times are grave as auto industry has seen de-growth of 75.49% (-75.49%) in domestic sales for the period between April-June 2020-21, with two-wheelers domestic sales de-growth of 74.21% (-74.21%). The COVID-19 pandemic has ripped the economy and the auto industry severely. Things are slowly limping back and hopes have now been pinned on the festive season. …
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White is the new black
If you thought that it is just we Indians who love white cars, you couldn’t be more wrong. The popularity of white is not confined to the Indian sub-continent alone and it is now spilling over to the EVs as well.
Take a bow! We are a bunch of white car fanatics! According to a recent report by BASF (Color Report 2019 for Automotive OEM Coatings), Indian car buyers opted more for white over other colours in 2019. The share of the white in the overall car purchases increased from 43% in 2018 to 47% in 2019. Meanwhile,…
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