Auto Roundup | Explore the latest developments in India’s automotive industry, from Audi’s new edition, Force Gurkha, New Maruti swift and new Innova Crysta launch to the discontinuation of Kawasaki Ninja 400 and BMW Q1 results, get this week’s highlights from the automotive industry.
Here’s a summary of this week’s key events:
Audi launches striking editions of Audi Q3 and Q3 Sportback
German luxury car manufacturer, Audi, has introduced the Audi Q3 Bold Edition and Audi Q3 Sportback Bold Edition, injecting a fresh blend of style and performance into the automotive market. These special editions flaunt unique design elements aimed at captivating Audi enthusiasts and raising the bar for automotive excellence.
Read More: Audi launches bold editions of Audi Q3 and Q3 Sportback, details inside
Hyundai offers discounts on selected models, including debut offer for Exter
Hyundai is enticing customers this month with attractive deals on some of its popular models, featuring cash discounts, exchange bonuses, and corporate benefits. Notably, the Exter compact SUV joins the list of discounted vehicles for the first time. However, it’s important to note that models like the Verna, Creta, Alcazar, and Tucson are excluded from this month’s promotional offers.
Read More: Hyundai announces discounts on select models including first-ever Exter offer
Mahindra SUV discounts surge: Up to Rs 1.79 lakh off on MY2023 XUV300
Discounts on Mahindra SUVs have surged as the company grapples with unsold inventory of MY2023 models, including the XUV400 EV, XUV300, XUV700, and Scorpio-N. Notably, discounts on the XUV300 have seen a significant increase. Customers stand to save substantially on their new Mahindra SUVs this month, with discounts varying by location and stock availability.
Read More: Mahindra SUV discounts surge: Up to Rs 1.79 lakh off on MY2023 XUV300
Force Motors introduces 5-Door Gurkha at Rs 16.75 lakh
Force Motors has launched the latest version of the Force Gurkha in India, offering a 5-door variant priced at Rs 18 lakh alongside the updated Gurkha 3-door, tagged at Rs 16.75 lakh. Bookings for the new Gurkha 5-door variant, initiated on April 29, require an upfront payment of Rs 25,000. Dispatches to dealerships are set to commence this week, with test drives and customer deliveries scheduled for mid-May.
Read More: Force Motors launches Gurkha 5-door at Rs 16.75 lakh
Kawasaki discontinues Ninja 400 in India, introduces Ninja 500
Kawasaki bids farewell to the iconic Ninja 400 in India, making room for the recently introduced Ninja 500. The Ninja 400, introduced in 2018, garnered a devoted following with its distinct features. However, with the advent of BS6 emissions standards, the Ninja 400 temporarily exited the market, only to return in 2022 before being phased out again for the Ninja 500.
Read More: Kawasaki Motors discontinues Ninja 400 in India, makes way for Ninja 500
Maruti Suzuki launches New Swift in India with significant updates
Maruti Suzuki unveils the highly anticipated all-new Swift in the Indian automotive market, boasting a range of enhancements and innovations. As the fourth generation of the beloved Swift series, the new model offers an enticing proposition to car enthusiasts across the country with a starting price of Rs 6.49 lakh (ex-showroom).
Read More: New Maruti Suzuki Swift launched in India at Rs 6.49 lakh with major updates
BMW Reports Q1 Results: Earnings impacted by model Change, lower profits on electric auto sales
German car manufacturer BMW reports a decline in profit for the first quarter despite increased sales, attributed to model changes and lower profits on electric auto sales. Earnings before interest and taxes dropped by approximately a quarter year-on-year to 4.05 billion euros ($4.35 billion).
Read More: BMW Q1 Results: Earnings hit by model change, lower profits on e-auto sales
Tata Motors introduces revolutionary Ace EV 1000
Tata Motors sets a new benchmark in electric last-mile mobility with the launch of the Tata Ace EV 1000. This zero-emission mini-truck offers a rated payload of 1 tonne and a certified range of 161km on a single charge, catering to the evolving needs of industries such as FMCG, beverages, paints & lubricants, LPG, and dairy.
Read More: Tata Motors launches the revolutionary Ace EV 1000
Toyota Kirloskar Motor introduces New Innova Crysta GX+ grade
Toyota Kirloskar Motor unveils the GX+ grade in the iconic Innova Crysta series, featuring enhanced features tailored to customer preferences, reaffirming the company’s commitment to delivering excellence and customer satisfaction.
Read More: Toyota Kirloskar Motor introduces the new Innova Crysta GX+ grade
Domestic automobile retail sales surge 27% in April: FADA
India witnesses a surge in domestic automobile retail sales in April, with passenger vehicle sales rising by 27% year-on-year to 2,206,070 units. All segments, including passenger vehicles and two-wheelers, experience growth, indicating a positive trend in the automotive industry.
Read More: Domestic automobile retail sales surge 27% in April: FADA