Hyundai Bets on Diesel Models to Fuel Growth
India’s second largest automaker has a plan to counter dip in September sales At a time when Hyundai has taken giant strides in shedding its image of a cheap carmaker in the West and gained respect for
India’s second largest automaker has a plan to counter dip in September sales At a time when Hyundai has taken giant strides in shedding its image of a cheap carmaker in the West and gained respect for
New Delhi Urging the government not to raise excise duty on diesel cars, top executives of country's leading automobile firms met the finance ministry officials on Wednesday. The finance ministry, which
Companies expedite plans to roll out more models to meet demand Carmakers are fast-tracking their diesel vehicle plans and planning offers to push petrol cars as the latest petrol price increase is set
With petrol prices hiked again today and fears remaining about price volatility of the deregulated fuel, auto manufacturers in the country are expecting a jump in demand for diesel-driven passenger vehicles. Oil marketing companies, reeling under huge losses due to high crude price in the international market and the rupee depreciation, raised petrol prices today by Rs 7.50. But diesel prices, which are still regulated, were left untouched.
Riding on the lower retail price of fuel, diesel automobiles for the first time ever surged ahead of petrol models in December last year, capturing more than 50% of the passenger vehicle market comprising
New Delhi: Within days of FM Pranab Mukherjee deciding against imposition of additional tax on diesel vehicles, Hyundai has finalized plans to set up a diesel engine plant in India. The company, that currently
Lack of clarity on diesel pricing policy has resulted in automobile companies, including Maruti Suzuki and Hyundai, holding up investments of more than Rs. 3,000 crore in India, according to industry body SIAM. "Many of our members are still unclear whether they should invest on diesel technology or not in India as there is no clarity on how the fuel will be priced in future. This has resulted in more than Rs. 3,000 crore of investment being held back
Even as car sales in India rose an annual 13.1 per cent in February, lack of clarity on the part of the government in the diesel sector has forced a number of automobile manufacturers in holding back their
NEW DELHI: Automobile major Hyundai Motor Monday launched three new liquified petroleum gas (LPG) powered variants of its hatchback Eon D-Lite plus, Era plus and Magna plus priced between Rs.2.98 lakh
Car makers are increasingly seeing sport-utility and multi-purpose vehicles tailored to Indian conditions as a growing opportunity in the country, where the buyer, they say, is prepared to pay more. More