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• Maruti Suzuki plans to offer a discount of up to Rs.75,000 on its car range during Diwali

  The largest car manufacturer of India, Maruti Suzuki has geared up for Diwali by announcing a discount of up to Rs.75,000 on its car range including Alto 800 and K10, Wagon R, Celerio, Swift, and Dzire. The announcement was made by the company recently and is intended to make the purchase of a car affordable for many customers. Japanese car marker, Honda was the first among the car manufacturers to release an offer to boost sales in the current festive season.

  The discounts of up to Rs.75,000 will be applicable to all the cars manufactured by Maruti Suzuki. There have been reports of the Maruti Suzuki Alto 800 being discounted by Rs.45,000 while the Alto K10 will offer a discount of Rs.50,000. The Alto K10 Automatic, on the other hand, will come with a discount of R.55,000. The present generation Wagon R is reported to be discounted at Rs.55,000 while its CNG version will come with a discount of 60,000. The automatic variant will come with a discount of Rs.65,000.

  

  9 November 2018

• Price of Diesel Exceeds Price of Petrol For The First Time In India

  The price of fuel in India has hit record highs and with the latest hike in fuel prices, India has witnessed something that has never happened before. Official data shows that the price of diesel has exceeded the price of petrol for the very first time in the state of Odisha. Diesel has usually been a minimum of Rs.10 less in comparison with the price of petrol. The price of diesel in Bhubaneswar was 12 paise more in comparison with the price of petrol on Sunday. Diesel was priced at Rs.80.69 per litre in comparison with the Rs.80.57 per litre charged for petrol. The general secretary of Utkal Petroleum Dealers Association, Sanjay Lath, said that Odisha had previously never been in a situation where the price of diesel was more than the price of petrol. According to Lath, the VAT rates for diesel and petrol are different in other states, but Odisha levies a standard 26% VAT on petrol as well as diesel.

  

  5 November 2018

• Hyundai new Santro to challenge Maruti Suzuki domination in the market

  Hyundai Motor Co. brought back the Santro to India after 20 years of being introduced in the market. This move by Hyundai is one of its major efforts to challenge the domination held by Maruti Suzuki India Ltd in small towns and rural areas. Currently, Hyundai gets 20% of its total sales from the semi-urban and rural areas whereas, in comparison, Maruti Suzuki gets 30% to 35% of its total sales from these areas due to the popularity of its fuel-efficient, small cars, such as the WagonR, Celerio, Alto and such. Mr Y.K. Koo, the managing director of Hyundai Motor India Ltd, stated that the new Santro would be featured and launched in the rural and semi-urban areas to attract more first-time buyers. He also stated that the Santro would be the right product to attract buyers in the rural and semi-urban areas as it offers the lowest car maintenance cost among its competitors. Koo said that the priority market for Santro would be rural areas and first-time buyers, and any other buyers from metropolitan cities would be additional.

  When the Santro was first launched in 1998, it was quite a popular product. Despite its popularity, Hyundai remained in the second place due to Maruti Suzuki’s wide range of small cars that were hugely sought out, especially in the remote areas across the country. The Santro was then discontinued in 2014 and Hyundai did not have any affordable small cars in the market barring the Eon. This resulted in most consumers to opt for Maruti Suzuki. The other small car offered by Hyundai is the i10 which was discontinued in early 2017. The Hyundai Eon could be discontinued by the end of this year. Hyundai’s plan to bring back Santro is during the time where the Union Government is taking initiatives to improve rural infrastructure and offer benefits, such as loan waivers to farmers to revive the rural economy.

  When compared to Maruti Suzuki’s 51% market share, Hyundai is reported a stagnant market share of 15% to 16% over the past few years due to the lack of new products and due to the capacity constraints in its Chennai factory. The new Santro is expected to raise the market share up to 17%. Though increasing loan rates, high fuel prices, and worsening macroeconomic factors have decreased consumer demand at the current times, Mr Koo believes that it is the right time to launch the Santro as it is affordable and comes with a low maintenance cost. He also feels that the Santro would be very strong in the rural market where the demand has increased and the buying power is growing. Another senior Hyundai official stated that the Santro has the potential to be the preferred choice among first-time buyers in semi-urban and rural areas.

  

  31 October 2018

• Water safety standards to be implemented across Maruti Suzuki vendors

  After heavy rains in August led to halted production at a key parts supplier in Gurugram, Maruti Suzuki India Ltd is taking steps to ensure no more disruption of production across the nation. Maruti Suzuki had hired a crisis management company to audit all of its vendors when this event took place. Momentum Global, the crisis and emergency management firm will take steps to implement water safety standards across all manufacturing plants of Maruti Suzuki vendors. Due to water-logging, Maruti Suzuki had to stop production for two days as the key parts supplier; Krishna Maruti Ltd stopped its supply. As retail demand was subdued during that time, Maruti didn’t face much pressure and loss. But Maruti didn’t want to take any more chances as a buoyant market could have resulted in revenues losses due to delay in delivering cars to buyers.

  Mr Anil Sharma, associate director of MarketsandMarkets, a market research company, stated that a factory shutdown for a car company as big as Maruti could cost dealership sales of almost seven days. He also stated that such measures and initiatives are known in manufacturing sectors, such as automobiles to improve their efficiency by getting rid of common redundancies. In August, Momentum Global has outlined best practices that all Maruti Suzuki vendors need to implement in order to avoid similar situations.

  Momentum Global also conducts regular fire safety audit of the vendor’s capabilities as an earlier event of a fire in the manufacturing plant of Subros Ltd resulted in Maruti halting its production for several days. Maruti Suzuki India started its maiden performance audit of all its vendors and has also introduced a “purple band” for its most efficient vendors. Since Maruti strictly follows a one-component, one vendor policy, preventing any disruptions is vital as any problem with one vendor can halt the production at all Maruti Suzuki manufacturing plants. As many car manufacturers do not have the means to implement such measures, Maruti Suzuki’s decision to hire a crisis management firm will prove to be helpful assistance to its suppliers.

  

  29 October 2018

• 2018 Hyundai Santro to be Launched with 1.1L Engine

  The 2018 Hyundai Santro is set to be launched with a 1.1 litre petrol engine that will be offered with an optional AMT and a standard five-speed manual gearbox. Within a year, however, Hyundai expects to release a second engine option for the vehicle. The new engine will be a petrol unit too and will displace 1.0 litre and come with three cylinders. The 1.1 litre variant of the vehicle is expected to account for most of the sales of the company. The coming few months are forecast to record a considerable rise in the sales volumes of the automaker. With the best-in-class features, attractive pricing, and a modern design, the latest version of the Hyundai Santro is expected to compete against the likes of the Maruti WagonR and the Tata Tiago.

  

  26 October 2018

• Offroad Capabilities and Engine Drive Modes of the Tata Harrier Detailed

  A new teaser video was recently released, showing that the Tata Harrier was set to take on a variety of terrains thanks to the increase in torque. The diesel engine of the vehicle uses a technology that intends to establish a new benchmark for SUVs that are supported by multi-drive modes that match with ESP terrain response modes. The new SUV that is expected to soon be launched by Tata features state-of-the-art electronically controlled variable geometry turbocharger (eVGT) for a responsive and power packed drive experience. It also comes with advanced EGR (exhaust gas recirculation) as well as exhaust that offer an overall silent and refined drive. The new SUV has been going through a number of tests ahead of its release in the country that is set for sometime between late 2018 and early 2019.

  

  24 October 2018

• The new Hyundai Santro to be globally launched on October 23 in India

  The new Hyundai Santro will be officially launched on 23 October, 2018, in India. The Hyundai AH2 has been named as the Santro. Among India’s entry-level hatchbacks, this will be the most advanced. Online bookings opened on 10 October and will be open till 22 October. The first 50,000 bookings can be done for Rs.11,100. It will be compliant with the Bharat New Vehicle Safety Assessment Program (BNVSAP). Standard features across all variants are ABS, reverse camera, and two airbags. In a first for its class, rear AC vents will be provided in the new Santro. It comes with a 1.1-litre petrol engine with an option for factory-fitted CNG. The petrol engine will offer 5,500 rpm at 69 PS and 4,500 rpm at 99 Nm. It will have an AMT gearbox and 5-speed manual. The engine for the CNG variant will offer 84 Nm and 59 PS. It will retain the tallboy design with a new wide C pillar and a unique radiator grille. The price may start at Rs.3.6 lakh and will be revealed on 23 October.

  

  23 October 2018

• New Santro will help Hyundai hit 17% market share

  Hyundai Motor India Ltd. has been the second-largest carmaker in India for quite some time. However, it has not been able to expand its market share in the last 3 years. At a time when the retail sales are pacing down due to the dropping macroeconomic factors, Hyundai is hoping that the re-launch of the Santro will help them climb up the ladder to improve the company’s overall performance and profitability.

  The Santro has been one of the most popular hatchbacks of its time and thus, the automaker is hopeful about the revival of the car. Y. K. Koo, the managing director of Hyundai Motor India Ltd. recently said in an interview that the company will manufacture about only 10,000 units of the Santro. The reason behind this decision is that the company is mainly focussing on the profitability factor.

  

  17 October 2018

• Isuzu launches MU-X facelift in October

  Isuzu will launch its MU-X with a facelift on 16 October in India. Although it will have the same engine as its predecessor, the exterior and interior features have been upgraded. The facelifted model has been available internationally but is being formally launched in India next month. The exterior changes include a tweaked rear bumper, alloy wheels, LED Daytime Running Lights (DRL) on the projector headlamps, and tail lamps with LED elements. Interior changes include a black-and-beige two-tone redesigned dashboard, faux wood panel, and an infotainment system. The engine will remain the same 177 hp, diesel, 3.0 litre one.

  

  16 October 2018

• Cars in India likely to get safety gears as per the global standards

  The Indian cars are going to get safety features as par global standards soon. It is most likely that by 2022 the vehicles in India will have all the global standard safety features. The Joint Secretary of the Ministry of Road Transport and Highways (MoRTH), Abhay Damle, confirmed that the safety measures are mandatory for all types of vehicles in India including luxury and basic utility vehicles. While the advanced safety features like automatic headlights and Anti-lock braking have already been mandated for two-wheelers, from the month of October 2018, every new car launched in India need to have pedestrian safety features, including new design of the bonnet for reducing the effect on pedestrians during accidents. He further stressed that the government is working hard to make sure that the auto makers include all the safety features in their vehicles. Earlier, sometime back Union Road Transport Minister Nitin Gadkari had made an announcement in this respect.

  

  12 October 2018