During the 'Red Weekends', customers can avail total benefits of up to Rs 1.15 lakh including attractive cash discounts upto Rs 40,000, exchange bonus upto Rs 40,000 and corporate discounts up to Rs 10,000. "During December, customers can visit any Nissan dealership and participate in exciting activities to win branded merchandise and more," it said.
"We are expanding sales network. Basically, we are getting into new locations. Idea is that per dealer sales should go up. Dealers are excited with our product range and they are willing to expand their territories by opening new outlets," Tata Motors President (Passenger Vehicles Business Unit) Mayank Pareek told PTI. There was a plan to add 200 new sales outlets this fiscal, he added.
The sales of Jaguar brand were at 11,464 units during the month, down 23.1 per cent per cent from November 2018, Tata Motors said in a BSE filing. Land Rover sales stood at 35,078 units, up 5.5 per cent per cent from the same month last year, it added. Tata Motors-owned Jaguar Land Rover (JLR) on Monday reported 3.4 per cent decline in total retail sales.
The company, whose sales declined 16% to 9,915 units in the nine months to September, is planning to launch a vehicle every month to attract buyers. Mercedes Benz India managing director Martin Schwenk told ET that the local market saw a turnaround in sentiment during the festive season. The company is optimistic it will be able to sustain the momentum.
MG Motor India managing director Rajeev Chaba said the company had already started working on the project, taking cues from the requirements of local consumers. The concept will be completed in the next one year, and a production model may hit the roads in the next three to four years, he said.
While the slowdown hasn’t shown a significant impact on Triumph's sales, weak consumer sentiment did result in the motorcycle maker deferring its dealership expansion plan by six months. The company plans to have 20 dealerships in the country in the next 18 months. It has identified Guwahati, Goa and two unspecified locations in the northeast and the south for the upcoming dealerships.
The company has initiated a feasibility study for fuel cell electric vehicles in the country and promises to being a solution with zero emissions, he added. Fuel cell electric vehicles are free from all kind of green house gas emissions. Earlier this year, Hyundai had launched fully-electric SUV Kona in the country.
"With BSVI products coming in, prices will increase from January," Tata Motors President (Passenger Vehicles Business Unit) Mayank Pareek told in an interview here. He declined to quantify the increase in prices but said the hike next month would be on a higher side as compared to earlier price revisions taken by the company.
The country's largest car maker Maruti Suzuki India on Tuesday said it will increase prices of its vehicles from January to offset rising input costs.Over the past year, the cost of company's vehicles has been impacted adversely due to increase in various input costs, Maruti Suzuki India said in a regulatory filing."Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase across various models in January 2020," it added.This price increase shall vary for different models, the company said.
This price increase shall vary for different models, the company said. Currently the company sells a range of vehicles starting from entry-level small car Alto to premium multi purpose vehicle XL6 with price ranging from Rs 2.89 lakh to Rs 11.47 lakh (ex-showroom Delhi).