
TWO LAUNCHES SEPARATED by just a few days might just give the struggling sedan market in India the much-needed booster shot.
Car market leader Maruti Suzuki introduced a heavily updated Dzire, India's largest-selling sedan, in November. This is the fourth iteration in 16 years for the compact sedan (length less than 4 meters), which has been in continuous production since 2008 and sold over 2.7 million units. Within days, Honda followed suit with the launch of its segment rival Amaze.
The compact sedan, which was first launched in 2013, is into its third iteration and has been the highest-selling model for Honda.
Maruti aims to control at least half of the 6 lakh units per annum sedan market expected by 2030. It already enjoys 61% share of the segment. For its part, the Amaze comes with loads of changes compared to the second generation though launched at a premium over the Dzire at ₹7.99 lakh.
Diese Geschichte stammt aus der December 16, 2024-Ausgabe von Financial Express Bengaluru.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 16, 2024-Ausgabe von Financial Express Bengaluru.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
The KYC crisis
Govt needs to take responsibility as nobody should be denied access to bank accounts for no fault of their own
Weak dollar helps rupee post best day in 3 weeks
THE RUPEE ROSE on Wednesday as a broadly weaker US dollar spurred gains in most Asian currencies, with investors fretting over a slowdown in the US and how trade tariffs may impact the world's largest economy.
China Sets Bullish Growth Target of About 5% for 2025, Despite US Tariffs
CHINA SET a forceful economic growth goal at about 5% for 2025, raising expectations for officials to unleash more stimulus later this year as they confront a trade war with Donald Trump.
Ukraine willing to negotiate: Trump
US PRESIDENT DONALD Trump said on Tuesday he received a letter from Ukrainian President Volodymyr Zelenskyy in which the Ukrainian leader expressed willingness to come to the negotiating table over the Russia-Ukraine war.
Madhya Pradesh @2047: CII Report Sparks Hopes for a $2.1 Trillion Economy
According to a report by the Confederation of Indian Industry (CII), Madhya Pradesh's Gross State Domestic Product (GSDP) is projected to reach $2.1 trillion (Rs. 248.6 lakh crore) by 2047-48.
75% of Indian businesses grapple with SaaS rollout delays
AS INDIAN ENTERPRISES increasingly adopt Software-as-a-Service (SaaS) solutions to drive digital transformation, 75% of those that have done so since 2020 have faced implementation delays, leading to an average timeline overrun of 57% and a cost overrun of 43%, according to Zoho-IDC.
Blackstone to buy South City Mall in Kolkata for ₹3,480 cr
IN THE LARGEST deal in the mall space, global investor Blackstone Group is set to acquire South City Mall in Kolkata for ₹3,480 crore ($400 million), said people familiar with the matter.
Nithin Kamath Becomes EY Entrepreneur of the Year '24
NITHIN KAMATH, FOUNDER & CEO of Zerodha, is the EY Entrepreneur of the Year 2024 — for his low-margin, high-volume strategy that has transformed the brokerage industry.
Focus on trade, tech, Ukraine as Jaishankar meets Starmer
DAYS AFTER HE hosted an emergency meeting of European leaders in support of Ukraine and its President Volodymyr Zelenskyy — after the latter's public showdown with US President Donald Trump and Vice-President J D Vance at the White House — British Prime Minister Keir Starmer \"shared UK's perspective\" on the conflict with External Affairs Minister S Jaishankar in London on Tuesday night.
Telcos fear Trai role may get diluted in new regime
THE ROLE OF the Telecom Regulatory Authority of India (Trai) as the sector regulator is likely to get diluted once the new telecom authorisation regime kicks in, telecom operators said on Wednesday.