Toyota, Tata Motors race ahead of others in March

Car manufacturers led by market leader Maruti Suzuki and Hyundai, the second biggest car maker by sales, reported a healthy sales growth momentum in March, thanks to new models and recovery from the demonetisation effect.
But the biggest gainers in March were Toyota-Kirloskar Motor and Tata Motors. Toyota’s sales rose 81 per cent to 13,796 cars, driven by the new SUV models Innova Crysta and Fortuner, up from 7,637 units sold in the same month last year.

BS-III ban triggers big vehicle discounts

With the Supreme Court imposing a ban on sales and registration of vehicles not conforming to Bharat Stage IV fuel emission norms from April 1, manufacturers and 20,000 dealers across the country are making last ditch efforts, offering massive discounts to clear stocks of BS-III vehicles.
The court ruling stated that no non-BS-IV vehicles might be sold post-March 31. However, such vehicles can be registered later provided there is proof that the vehicles were bought on or before March 31.

India privately took Amazon to task over flag doormat

India’s reaction to an website selling doormats resembling the Tricolour involved an unprecedented public and private offensive against the US company by prime minister Narendra Modi’s government, a document shows.
Foreign minister Sushma Swaraj publicly threatened in January to rescind visas of Amazon employees if the doormats were not removed from its Canadian website.
But a document seen by Reuters shows the government went even further in private, asking its US and Canadian embassies to raise the matter “strongly” with Amazon’s senior leadership.

Tata Motors unveils Tigor to take on Swift Dzire

In its bid to claw back both the wallet share as well as mindshare, Tata Motors on Wednesday launched its first compact sedan in a decade under the Tigor label with petrol and diesel options and with attractive pricing beginning at Rs 4.7 lakh.
The 1.2 litre petrol model in four variants comes in a price range of Rs 4.7 lakh to Rs 6.19 lakh, while the 1.05 litre diesel engine mounted model again in four variants start at Rs 5.6 lakh to Rs 7.09 lakh in Delhi.

Samsung faces biggest test with Galaxy S8 launch

The world’s biggest smartphone maker Samsung will unveil its latest flagship model, the Galaxy S8, on Wednesday in New York as it seeks to move on from last year’s humiliating burning handset recall.
Samsung Electronics was forced to abandon its premium Galaxy Note 7, originally intended to compete with Apple's iPhone, after a chaotic recall that saw replacement devices also catching fire.

Triumph launches Bonneville Bobber in India for over Rs 9 lakh

UK based high-end motorcycles brand Triumph today launched Bonneville Bobber in India priced at Rs 9.09 lakh (ex-showroom Delhi).

The company, which entered India in 2013 with ten models, now has 17 models across five categories in its portfolio in the country.

"Our ambition was to deliver a genuine Bobber - without compromise to the ride, comfort or rider control to have it ride just like a Triumph should," Triumph Motorcycles India Managing Director Vimal Sumbly told reporters here.

Vehicle, health insurance to cost you more from April 1

Car, motorcycle and health insurance premiums are set to cost more from April 1 with regulator Insurance Regulatory and Development Authority of India (Irdai) giving its nod for revision in commission to agents.
The change in premiums after modification will vary up to 5 per cent either way.
“There will be different slabs of hike in commission for different lines of insurance. The companies can modify the pricing of the product marginally. The company can take a call on this,” said a top official of a public sector general insurer.

Signs wage pact with Talegaon workers

Amid the buzz that American car giant General Motors is mulling exiting India after two decades, the struggling General Motors India has signed a new three-year wage agreement with its 1,000-strong permanent employees’ union at the Talegaon factory near Pune.
The total headcount of the workforce in this facility is 2,500.
This is the first time both the company and the union have agreed to the terms and signed the agreement even before the previous labour contract expired.