CarBike360 Weekly Wrap-Up | That Mattered This Week (April 8th-14th): Maruti, Hyundai and Mahindra Thar Price Hike

Carbike360 bring to you the latest automotive news from around India. The past week has been eventful in the world of cars, with exciting developments ranging from the launch of new models to the opening of exclusive showrooms for EVs, and sad news of the demise of an industry legend. 

In this weekly wrap-up, we take a look at the highlights of the past week in the Indian automotive industry, including the remarkable surge in the country's used car market, the launch of Hyundai's IONIQ 6 electric vehicle, and the opening of the Tata's EV showrooms. 

So, buckle up, and join me as we take a drive through the latest happenings in the Indian automotive world.

India's Used car market has witnessed a remarkable surge as inventory worth a whopping Rs 1,250 crore has been sold

The sale of pre-owned cars in India has witnessed a remarkable surge, with Indians selling cars worth more than Rs 1,250 crore during the first quarter of this year. As per the Drive Time Quarterly Report by CARS24, the sale of used cars has witnessed substantial growth between January and March 2023, with a 100% increase in sales as compared to the corresponding period last year.

Hyundai IONIQ 6 Electric Charges Ahead to Win 'World Car of the Year' at the New York Auto Show!

At the New York International Automobile Show, the HYUNDAI vehicle garnered three prestigious awards, marking a triple triumph for the Hyundai Motor Company at the 2023 World Car Finals. In addition to winning the 2023 World Car of the Year accolade, it also secured the 2023 World Electric Vehicle and the 2023 World Car Design of the Year honours.

Triumph operations in India are now under the control of Bajaj

According to the latest reports, Bajaj is set to assume complete responsibility for Triumph's sales and service operations in India, in accordance with the strategic partnership agreement that the two firms had entered into a few years ago. This collaboration also entails Bajaj and Triumph collaborating to jointly design new Triumph models in the entry-level mid-capacity segment, which will be produced by Bajaj at its Chakan factory.

Hero Karizma coming back | Hero's upcoming 200cc bikes spotted on roads

Two motorcycles were recently sighted on a highway and reportedly belonged to Hero Moto Corp. These bikes are believed to be new 200cc models that Hero is currently testing and planning to launch soon.

Maruti Suzuki Announces Price Hike on Bestselling Cars: Swift, Dzire, Celerio, and More

Starting from April 2023, Maruti Suzuki has raised the prices of a few of its models. The price hike impacts six models, namely Swift, Celerio, WagonR, Dzire, Ciaz, and XL6. Depending on the model and variant, the price rise ranges between Rs. 1,500 to Rs. 15,000.

Tata Nexon Facelift Interiors Spied: Two-Spoke Steering, Purple Interiors Confirmed

The upcoming Tata Nexon facelift, which is anticipated to hit the market in August this year, has been spotted on numerous occasions. While earlier glimpses of the vehicle only revealed its exterior design, recently leaked pictures provide the first look at the interior of the facelift.

Mercedes-AMG GT 63 S E Performance debuts in India with a hefty price tag of Rs. 3.3 crores

Mercedes-Benz India has announced the launch of their newest vehicle, the AMG GT 63 S E Performance four-door coupe, which is priced at Rs. 3.3 crore (ex-showroom, India). This model claims to be the most powerful production car ever produced by AMG, coming from Affalterbach.

Tata Motors to open exclusive showrooms for EVs in India

Tata Motors, which is the leading electric vehicle (EV) manufacturer in India, is gearing up to open exclusive showrooms for its EV range in the country. This move makes Tata Motors the first traditional car manufacturer in India to have a dedicated sales channel for EVs, which demonstrates the increasing demand and preference for electric vehicles in the market.

Mahindra & Mahindra's Former Chairman Keshub Mahindra Dies at Age 99

Pawan K Goenka, the chairman of the Indian National Space Promotion and Authorization Center, recently announced on his official Twitter account that Keshub Mahindra, the esteemed chairman emeritus of Mahindra & Mahindra, has passed away at the age of 99 on April 12.

Jeep launches new Meridian X & Upland Special Editions with a price tag of 33.41 lakh onwards

Jeep India is all set to offer auto aficionados in the country an exclusive opportunity to own a limited-edition vehicle with the launch of the Meridian X and Upland Special Editions for the 2023 model year. These special editions will be priced starting at Rs. 33.41 lakh, with the top-spec version costing Rs. 38.47 lakh (ex-showroom India).

Skoda Kushaq and Slavia may get a new colour option: Lava Blue

Skoda Auto India has revealed its plans to introduce upgrades and special editions for its Kushaq and Slavia models this year, with the possibility of a new color option. A leaked image of the Skoda Kushaq parked outside a dealership indicates that the Lava Blue paint scheme, which was previously available on the Octavia before it was discontinued, could be offered for the Kushaq.

Tata Motors Celebrates 5 Lakh Nexon Units Produced in Subcompact SUV Category

Tata Motors, a prominent car manufacturer in India, has accomplished a new achievement by manufacturing its 500,000th Tata Nexon SUV. The Tata Nexon, which was launched in 2017, has been a popular compact SUV in the Indian market, contributing to Tata Motors' success in the country's automotive sector.

Maruti Suzuki increases prices for Ertiga and Ignis due to compliance requirements

The Ertiga and Ignis models have been subjected to a price hike of up to Rs. 15,000, depending on the variant. This follows a similar increase that was implemented earlier on other Maruti Suzuki models like the Swift, Dzire, Celerio, XL6, Ciaz, and Wagon R.

MG Motor joins the EV race in India with the production of Comet EV

The production of the Comet EV, MG Motor's second electric vehicle for the Indian market, has started. A picture of the Comet EV has been released, giving a sneak peek of the model that will hit Indian roads next week.

Hyundai i20 Gets Second Price Hike in a Month: Here's the Updated Price List

After the recent price hike, the base models of the i20 hatchback have become pricier, with a minimum ex-showroom price of Rs. 7.46 lakh, reflecting an increase of approximately six percent. As a result, prospective buyers of the i20 will need to be prepared to spend more for the car.

Mahindra Thar becomes costlier by Rs. 1.05 lakh in a short span of time

Mahindra and Mahindra has recently announced a price hike for their flagship Sports Utility Vehicle (SUV), Thar, due to the implementation of the new BS-6 Phase 2 emission norms across India, which came into effect on April 1. The price of the SUV has been increased by up to INR 1.05 lakh, with different variants being affected by the hike.