CarBike360 Weekly Wrap-Up | That Mattered This Week (1st-5th August): Volvo c40 recharge launch date, Hyundai Discount and more

Welcome to CarBike360's Weekly Wrap-Up, where we offer you the most important news and updates from the automotive industry that happened between August 1 and August 5. 

This edition includes a thorough roundup of recently released cars and motorcycles that attracted attention, as well as significant recalls that ensured dependability and safety. Explore the cutting-edge technology transforming the driving experience as you delve into the realm of automotive investments that are influencing the industry's future. 

From breakthroughs in automotive technology to electric vehicles, our team of experts offers unique views and analysis. With CarBike360's Weekly Wrap-Up, be informed and current on all the key events in the automotive world. Let's take a journey through this week's highlights while you are buckled up!

Citroen C3 Aircross SUV ready to launch in Indian Market

The much-anticipated Citroen C3 Aircross SUV is almost ready to make its formal debut in the Indian auto industry. The launch is planned for the holiday season.

Bookings for the C3 Aircross will start in September, Citroen has revealed, sparking excitement among auto aficionados in advance of the unveiling. Additionally, the corporation has declared that the SUV would start being delivered in October, demonstrating its dedication to the Indian market.

Top Selling Bikes in India, in July 2023

The largest two-wheeler producer in the nation, Hero MotoCorp, has once again won the monthly motorbike sales chart in India. The popular Hero Splendour model was the best-selling motorcycle in the nation in July 2023, according to SIAM data, with 2,38,340 units sold. 

Thanks to its reasonable pricing, dependable performance, and good fuel efficiency, the Splendour has been continuously at the top of the sales chart for several months.

Chinese carmaker BYD caught up with Indian tax investigation

The Tax Intelligence Department (DRI) asserted that the underpaid tax of 730 million rupees depends on the price of the car but has a 15% or 35% levy on imports of local materials on EVs, despite the fact that the manufacturer has since invested the money in the purchase of EVs.

According to the Indian Ministry of Intelligence (DRI), the largest energy producer in China, whose expansion ambitions were hampered by the standoff between New Delhi and Beijing, had to pay 7.3 billion rupees in taxes.

Toyota Vellfire launch at the price of ₹1.20 crore with ADAS technology

The redesigned Vellfire luxury MPV from Toyota Kirloskar Motor, which combines refinement and cutting-edge technology, has been introduced in India. This MPV is poised to reinvent luxury travel with two variants: the Hi-Grade and VIP Grade. Let's examine the Toyota Vellfire's engine performance, external and interior highlights, linked technologies, and safety capabilities.

Volvo C40 Recharge will launch on September 4th, 2023

The C40 Recharge coupe-SUV, the newest all-electric vehicle from Volvo Auto India, will debut on September 4, 2023. The high-end SUV made its debut in India earlier this year, and in just a few days, online reservations will become available. Deliveries will start immediately following the launch, guaranteeing a smooth experience for enthusiasts.

Hyundai August offers Discount and Benefits up to ₹ 2 lakh

While Hyundai is offering tempting discounts on a number of its models, it's crucial to remember that their top sellers, the Creta, Venue, and Verna, are not covered by the current campaign. Customers can still choose from a wide array of alternatives because the highlighted models qualify for considerable perks.

TVS launches Jupiter ZX Drum SmartXonnect

TVS Motor Company now offers the new Jupiter ZX Drum with SmartXonnect technology. Rs 84,468 is the cost (ex-showroom Delhi). Straight Blue and Olive Gold are two lovely colours that the Jupiter is available in.

Tata Nexon will be discontinued and new facelift have different name of variants

With its extensive improvements and enhanced features, the Nexon facelift is well-positioned to continue dominating the fiercely competitive sub-4-meter SUV market. Its status as an alluring option for SUV aficionados is expected to be cemented by the marriage of alluring design, cutting-edge features, and improved performance.

Maruti Suzuki Invicto Now Standardizes Rear Seatbelt Reminder

The base form of Maruti Suzuki's flagship vehicle, the Invicto, has undergone a significant modification that makes it more safety-focused. Rear seatbelt reminder technology is now standard across all Invicto Zeta Plus trim levels and is now included as standard equipment. 

Although this improvement raises safety standards, it does so at a slight cost premium of 3,000. The upgraded Invicto now has an ex-showroom price of 82 lakh rupees (in Delhi).

Royal Enfield is gearing up for its first electric bike launch

For the period of 2013 to 24, the company has set aside approximately INR 1,000 crore for capital expenditures, which includes some spending on EV sales infrastructure and product development.

Royal Enfield's CEO, B Govindarajan, claimed that the business has already hired roughly 100 workers for the field of electric vehicles. Additionally, it is "in full speed of execution" and putting up a modular production capacity of 1.5 lakh EV vehicles.

MG Motor India's New Comet EV Gamer Edition:

The Comet EV Gamer Edition costs an additional Rs. 64,999 in addition to the existing Pace, Play, and Plush models. The vehicle embraces the gaming motif with unique details on the wheels, doors, fog lamps, and B-pillars in addition to striking body graphics and decals. The enormous Comet logo on the roof and the phrase "Gamer" on the bonnet complete the distinctive gamer aesthetics, which are enhanced by the dual-tone paint option of black and neon purple.

Tata Motors launched Tata Punch iCNG at the price of ₹ 7.10 lakh

An important Indian carmaker, Tata Motors, has added the brand-new Punch iCNG model to its inventory of small SUVs. With a price of Rs. 7.10 lakh (ex-showroom), this newest addition entices purchasers who are concerned about the environment with its eco-friendly mobility, outstanding performance, and affordability.

The first-ever Kawasaki’s electric bikes revealed

With a pointed front end and indicators built into the fairing, the Ninja e-1 shares a similar look to the Ninja 400. The "tank"'s form and the alloy wheels are two minor exceptions. Last ones appear to be taken from the Ninja 300.

Rubber Prices Drive Profit Leap for Tyre Companies

An important industry raw material, rubber, has seen its costs significantly decrease, which has benefited tyre companies in India greatly. According to HDFC Securities, rubber prices decreased by 20% to 25% over the previous year through May, resulting in higher manufacturer profit margins.