Sales soar … far from pre-Covid: Maruti posted total sales of 57,428 units in June, with a 54% year-on-year decline. Hyundai Motor India logged 21,320 units and Mahindra 8,075 units. Maruti Suzuki Alto emerged as the top-seller with 7,298 units followed by Hyundai Creta with 7,207 units. In the two-wheeler market, Hero MotoCorp, HMSI, and TVS Motor Company sold 4.51 lakh, 2.11 lakh and 1.98 lakh respectively.
Auto aid on the anvil?: India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in the next five years, four sources with direct knowledge of the matter told Reuters.
Launch round-up: BS6-compliant Honda WR-V debuted this week, starting at Rs 8.5 lakh (ex-showroom). Hero MotoCorp also rode in the Xtreme 160R, starting under Rs 1 lakh (ex-showroom). Honda Motorcycle and Scooter India also launched the new BS6-compliant Livo, starting at Rs 69,422 (ex-showroom).
Honda Cars India will on July 15 launch the 5th generation City, the company has announced. Similarly, Hyundai Motor India is planning to bring in Venue SUV equipped with iMT gearbox, which essentially combines the convenience of 2-pedal clutch-less technology with its manual transmission gearbox.
Nissan India revealed glimpses of the upcoming B-SUV concept, which will be showcased to the world on July 16. The compact B-SUV is scheduled to be introduced in the second half of FY 2020-21.
Hogging the limelight in the global market were Volkswagen Tiguan Electric, Toyota’s RAV4-based Suzuki ACross SUV, Audi Q5 facelift and new Bentley Bentayga.
Recommendation for EV: Industry body FICCI has urged the government to take various measures, including the continuation of the FAME -II scheme till 2025, to enhance demand for electric vehicles. The recommendations, submitted by FICCI’s EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector.
New pilot for Porsche India: Porsche India announced its Director Pavan Shetty has quit the company owing to “personal” reasons, and Ashish Kaul, Head of Sales, will assume the responsibility in his place for carrying out day-to-day operations of the company for the time being.
Another Motor Show affected: The organizers of the Geneva International Motor Show said that they would not organize the event in 2021. The organizers said a majority of exhibitors surveyed said they would probably not participate in a 2021 event and that they would prefer to have it held in 2022.