Deepesh Rathore News
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As India’s car market took off in recent years, global luxury brands focused on selling sumptuous sedans and big sport utility vehicles in Mumbai, Delhi, and Kolkata, home to the bulk of the country’s wealthy. Germany’s Audi shows that’s changing.
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Maruti Suzuki India Ltd., the nation’s biggest carmaker by volume, is tapping the country’s rural market to boost sales and shield its best profit margin since 2011.
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Mahindra & Mahindra Ltd., the maker of the Bolero utility carrier, is betting on the decade-old model to help it overtake Tata Motors Ltd. as India’s third- largest seller of passenger vehicles.
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Can a car be too cheap? Tata Motors Ltd. is hinting at pricier models based on the Nano, the $2,000 compact it introduced with great fanfare in 2008. The reason: Few buyers wanted a vehicle that was primarily pitched as an inexpensive alternative to a motor scooter.
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Three months ago, optimism over Jaguar Land Rover was so high, its Indian parent’s shares were up almost 80 percent this year, valuing Tata Motors Ltd. more than Porsche AG’s holding company. Reality may be setting in.
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Renault SA has found the Goldilocks spot for India’s rising middle classes with its Duster compact SUV: just big enough, safe enough and cheap enough to send sales in the South Asian country surging.
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Hatchbacks from BMW, Mercedes-Benz and Audi grew so popular in Europe that the luxury carmakers bet Chinese consumers would feel the same way. They didn’t. Next stop: India.
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Diesel cars have become so popular in India that people are willing to do almost anything to get one.
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Tata Motors Ltd. , challenging Hyundai Motor Co. as India’s No. 2 automaker, may gain an edge over the South Korean carmaker from India’s decision to end state controls on gasoline prices.
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Tata Motors Ltd., India’s biggest automaker, has a new strategy to revive car sales from a decade low: the company is promising to buy back your Manza sedan.
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