#Mahindra xuv300 price reduced

[roadxperience]

Tata Nexon Facelift Test Mule Spotted In The Wild Once Again

● Tata began testing the Nexon facelift in early 2023.

● It is the second major refresh while the first facelift came in early 2020.

● Exterior updates include a new alloy wheel design, vertically stacked LED headlights and connected LED taillights.

● Inside, it will have a new steering wheel, updated upholstery and centre console.

● Likely to get with a 10.25-inch touchscreen, up to six airbags and 360-degree camera.

● Expected to be launched in early 2024 with prices starting at Rs 8 lakh (ex-showroom)

Since the early months of 2023, there have been ample sightings of the Tata Nexon facelift undergoing testing, with the camouflage slowly reducing as time goes on. We have now spotted another test mule of the updated SUV on tests – although still draped in heavy camouflage – suggesting it’s inching closer to being production-ready. This will be the second major overhaul for the sub-4m SUV after the 2020 update.

Design Details Revealed So Far

Its profile is unlikely to get any major design changes save for the revised alloy wheels. At the back, the updated Nexon will have a reshaped boot, a tweaked bumper and connected LED taillights. The facelifted Nexon will also come with dynamic turn indicators as seen on a test mule recently. All these design changes will likely make their way on the Nexon’s EV versions as well

Design changes on the Nexon facelift will be carried forward inside the cabin as well. Some of the interior revisions include a Tata Avinya-like steering wheel (with a rectangular display in the centre), violet upholstery, and a slightly redone centre console.

Features on board the facelifted Tata Nexon will likely include a digital driver’s display, a 10.25-inch touchscreen system, paddle shifters, wireless phone charging, ventilated front seats, and auto climate control.

Passenger safety is expected to be taken care of by up to six airbags, 360-degree camera, ISOFIX child seat anchorages, and a reversing camera.

We are expecting Tata to launch the Nexon facelift sometime early next year at an expected starting price of Rs 8 lakh (ex-showroom). It will continue to compete with the Maruti Brezza, Renault Kiger, Kia Sonet, Nissan Magnite, Mahindra XUV300 and Hyundai Venue, while also taking on crossover SUVs like the Maruti Fronx and Citroen C3.

[vilaspatelvlogs]

Mahindra XUV 300 की कीमत 87000 रुपये तक हुई कम, जानें हर मॉडल की नई और पुरानी कीमत

Mahindra XUV 300 की कीमत 87000 रुपये तक हुई कम, जानें हर मॉडल की नई और पुरानी कीमत

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*Yearly subscription for just ₹249 + Free Coupon worth ₹200

ख़बर सुनें

ख़बर सुनें

Mahindra & Mahindra (महिंद्रा एंड महिंद्रा) की एक एसयूवी भारत के सबसे ज्यादा कॉम्पिटीशन वाले कॉम्पैक्ट एसयूवी सेगमेंट में मजबूत दावेदारी पेश करती है। डेढ़ साल पहले लॉन्च की गई Mahindra XUV300 (महिंद्रा एक्सयूवी 300) सब-कॉम्पैक्ट क्रॉसओवर कार अपने सेगमेंट…

[avalonglobal]

Suv Segment – A silver lining among dark clouds - Avalon Global Research

2019 – A tough year for the Indian Automotive Industry

As we step into the new financial year, the slowdown in the Indian automotive industry shows no signs of abating. What we witnessed in 2019 is on account of lower economic growth and regulatory challenges pertaining to BS-VI emission standards. The slowdown affected almost all vehicle types and sub-segments, with the compact SUV segment the only exception. At a time when the industry was hopeful of a recovery, the current shutdown and potential economic slowdown in the next 1-2 quarters owing to the COVID-19 pandemic could prove disastrous to the industry in the near to medium term.

According to the Society of Indian Automobile Manufacturers (SIAM), automobiles sales in 2019 were the lowest in the last 20 years. SIAM figures indicate a sales decline of 13.3% in 2019 to 2.3 crore units, with the passenger segment experiencing a decrease of 13%. Within this segment, the Utility Vehicles segment bucked the trend with a 4.8% growth over 2018. The two-wheeler segment was also not spared with motorcycle sales lower by 13% and scooters by an even higher 16% in 2019. Last year’s sales decline is primarily attributable to the ongoing liquidity crunch and impact of the transition from BS IV to BS VI. Higher investments made by the OEMs to adhere to BS VI norms will likely lead to price increases, lower sales and pressure on profitability. The rural markets are expected to face a greater impact which could further extend the industry slowdown.

The steep drop in sales led to operational hardships for many companies and re-evaluation of production plans through the year. The sector, including dealerships and auto components, witnessed around 3.5 lakh job losses due to the downturn. This could exacerbate further in the coming months if the COVID-19 pandemic cripples the industry beyond 1-2 months. In such a worse-case scenario, there will be significant revenue losses to all the players along with massive job losses which will have a crippling effect on the economy. However, expected government measures such as the introduction of an incentive-based scrappage policy and reduced GST on ICE vehicles will hopefully provide respite to the automotive industry.

Compact SUV market – Rapid growth driven by changing customer preferences

Amid all this gloom, one silver lining is the SUV segment, especially the Sub-Compact & Compact SUV sub-segments which continue to perform well. In the last six years, sale of compact SUVs grew at a CAGR of 84%, compared to just 2.8% for passenger cars and 10% for the overall utility vehicle segment. From only 16,000 sold in 2013, the segment saw exponential growth to reach over 3.5 lakh units in 2018. During the same period, the segment share in overall utility vehicles rose from 13% in 2013 to 48% in 2018 and is estimated to reach 52% in 2020. Major contributors that have helped in this growth are SUVs from Kia motors (Seltos), Hyundai Motor India (Venue), MG Motor India (Hector) and Renault India (Triber). These SUVs were received well by the consumers helping these manufacturers to increase their market share in the UV segment. Cars from established players such as Mahindra & Mahindra (XUV300), Maruti Suzuki India (Vitara Brezza) and Tata Motors (Nexon) also played a key part in the resurgence of SUV demand in the country. However, on a closer look, out of 17 OEMs only 4 (Hyundai, Kia, MG and Renault) have increased their market shares which indicates that consumers have become demanding these days.

Rising customer demand for “Connected’ and safer cars

Over the last few years, there has been a visible shift in consumer preferences towards larger, feature-loaded, safer and technologically connected vehicles. This has led to the segment being one of the most competitive segments in the country, with every major OEMs wanting to succeed in an otherwise sluggish market. Ford EcoSport was the first sub-compact SUV to enter the Indian market, in early 2013 and did well in the initial couple of years. Subsequently, it lost ground to its competitors such as Maruti Suzuki (Vitara Brezza) and the relatively newer entrants, Hyundai (Venue) and Tata Motors (Nexon). In the next few quarters, the segment is likely to get more crowded with other manufacturers including Kia Motors (Sonet), Renault (HBC – code name), Nissan, Volkswagen (T-Cross), Skoda (Kamiq) and MG Motors planning to launch their compact SUV models.

In addition to the sub-compact SUV segment, another segment expected to grow in 2020 and beyond is the slightly bigger, mid-size SUVs. This segment is currently dominated by the likes of the Kia Seltos, MG Hector, Hyundai Creta and Tata Harrier. The popularity of the segment is reflected by the huge success of the Kia Seltos, which was among the top-5 models sold in October 2019, barely 3 months after its launch in India. For the whole year, Kia sold over 45,000 units (in just 5 months), ahead of more established rivals such as Volkswagen, Ford, Skoda and Nissan. What made the Seltos so successful is the fact that it is a complete package with great design, driveability and more importantly, many first-in-class features, both technology and safety related.

One theme common across most of these successful car models is that they offer new-age connected car features. Once restricted to much costlier SUVs and premium cars, manufacturers see an increasing demand from the younger generation of buyers to include connectivity and safety features across models. Venue, a successful model from the Hyundai stable, was the first connected car in India featuring several functions that can be controlled with a single app. Hyundai’s proprietary Blue Link technology offers a host of connectivity and safety features such as Auto Crash Notification, Road Side Assistance, Geo-fence Alert, Speed Alert, Remote Engine Start/Stop & Climate Control, and many other features.

What lies ahead?

In terms of customer preferences, we will likely see the shift towards bigger and more “connected” SUVs continue in 2020 and beyond. With several new models expected in the next 1-2 years from existing players as well as new entrants such as Great Wall and First Automobile Works, consumers will be spoilt for choice. Car manufacturers who are able to innovate and launch vehicles with the latest technology and safety features will be the ones to succeed in an increasingly competitive market. For once, price may become a secondary factor for the Indian consumer aspiring to buy a new SUV.

Car sales are projected to remain relatively flat to seeing nominal growth in 2020, before rebounding in 2021 with a 1.5-2% growth. The relatively better scenario in 2020 will be on account of stimulus measures, discounts on new cars that do not comply with BS VI emission norms, etc. However, the industry is likely to face challenges from weak consumer demand and tight liquidity. India’s vehicle production is forecast to contract by 6-8% in 2020 as the auto industry faces increasing risk of supply shortage due to China’s coronavirus outbreak, possibly hitting domestic output also. The actual impact will obviously depend on the extent of the virus spread in India and by when normalcy can be restored.

To summarize, the Indian auto industry will likely face another challenging year exacerbated by the COVID-19 pandemic. However, some bright spots include continuing growth in the compact SUV segment with rising customer demand for better technology and safety features. Assuming the economy is back on track by the end of Q2 FY21, we will see increasing demand for mid-size SUVs as well as compact SUVs.

Verbatim

“We need to master the transition from BS4 to BS6. We need to educate customers on new technologies, and if we do our homework well in the first half of the FY21, I think the automotive industry in India should be back in strong growth as of the second half of the coming fiscal year” – Guenter Butschek, CEO and MD, Tata Motors

“The Indian automobile industry will face multiple headwinds in the first quarter of the coming fiscal year and the outbreak of Covid-19 and subsequent steps to contain it will adversely impact economic activity” – Kavan Mukhtyar, Partner, PwC India.

Author : Prasanth R Krishnan

Prasanth works as an Associate Director with Avalon Global Research and is primarily responsible for project delivery, client management and business development. He has over 14 years of experience across research, consulting and financial services industries. At Avalon, his focus industries are Automotive and Industrials along with ICT. Outside of work, he is an avid Automotive enthusiast and likes to keep track of all the latest developments in the Automotive world.

[rkcarnews-blog]

New Post has been published on https://www.rkcars.my/mahindra-to-increase-price-of-vehicles-by-up-to-rs-73000-from-april/

Mahindra to increase price of vehicles by up to Rs 73,000 from April

New Delhi: Auto major Mahindra & Mahindra (M&M) Thursday said it will increase the price of its passenger and commercial vehicles by Rs 5,000 to Rs 73,000 from April to partially offset the impact of rising input costs.

The price of the company’s vehicles will go up by 0.5 per cent to 2.7 per cent from next month due to the price hike, the company said in a statement.

“This year has seen record high commodity price increases. Further there are regulatory requirements effective April 1 that have also led to cost increases. While we have made efforts to reduce our costs, it has not been possible to hold back the price increase,” M&M President Automotive Sector Rajan Wadhera said in the statement.

Consequently, the company is taking a price increase from April 1, he added.

The company sells various utility vehicles ranging from newly launched compact SUV XUV300 to premium SUV Alturas G4. M&M also sells various commercial vehicles including Supro and Jeeto in the domestic market.

Earlier this week, French car maker Renault had announced increase in price of Kwid range in India by up to 3 per cent from April.

Last week, Tata Motors had also announced increase in price of its passenger vehicles by up to Rs 25,000 from April on account of rising input costs and external economic conditions.

M&M joins the likes of Toyota and Jaguar Land Rover which have also stated that they would raise price of select models from April.

[monicasharmalove]

Mahindra to increase price of vehicles by up to Rs 73,000 from April

Company News

Auto major Mahindra & Mahindra (M&M) Thursday said it will increase the price of its passenger and commercial vehicles by Rs 5,000 to Rs 73,000 from April to partially offset the impact of rising input costs.

The price of the company's vehicles will go up by 0.5 per cent to 2.7 per cent from next month due to the price hike, the company said in a statement.

"This year has seen record high commodity price increases. Further there are regulatory requirements effective April 1 that have also led to cost increases.

While we have made efforts to reduce our costs, it has not been possible to hold back the price increase," M&M President Automotive Sector Rajan Wadhera said in the statement.

Consequently, the company is taking a price increase from April 1, he added.

The company sells various utility vehicles ranging from newly launched compact SUV XUV300 to premium SUV Alturas G4. M&M also sells various commercial vehicles including Supro and Jeeto in the domestic market.

Earlier this week, French car maker Renault had announced increase in price of Kwid range in India by up to 3 per cent from April.

Last week, Tata Motors had also announced increase in price of its passenger vehicles by up to Rs 25,000 from April on account of rising input costs and external economic conditions.

M&M joins the likes of Toyota and Jaguar Land Rover which have also stated that they would raise price of select models from April.

[discoverydroom1]

Kawasaki Versys 650 & Ford Freestyle Flair Edition Launched, Kia Sonet Variants and Colors, Renault Duster Discount, MG Gloster Teased

Droom discovery latest autonews as Kawasaki Versys 650 and Ford Freestyle Flair Edition Launched, Kia Sonet Variants and Colors, Renault Duster Discounts Available

2021 Kawasaki Versys 650 BS6 Launched at Rs 6.79 Lakhs

The BS6 compliant model is merely Rs 10,000 expensive than the BS4 version

Kia Sonet Variants and Colors Revealed on Website

Kia Sonet will be introduced in seven common variants in both the Tech Line and GT Line trims

Sunil Shetty's 59th Birthday: Glance At His Car Collection

Other noticeable cars in his collection include Toyota Prado, Land Cruiser, Jeep Wrangler and Mercedes Benz E 350D.

Renault Duster Discounts Available Upto Rs 70,000

Renault is offering discounts on Duster, Kwid and Triber as part of the Reasons to Smile campaign

Ford Freestyle Flair Edition Launched at Rs 7.69 Lakhs

Ford India has launched the Freestyle Flair Edition at a starting price of Rs 7.69 Lakhs for the petrol and Rs 8.79 Lakhs for the diesel engine, respectively, in the country.

Mahindra XUV300 Price Reduced by Rs. 87,129 in India

Mahindra XUV300 prices reduced as it aims to increase its market share in the compact SUV segment

MG Gloster Teased Ahead of Launch in India

MG Motor is making substantial progress in the Indian automobile market with the recent launch of Hector Plus SUV at an introductory price of Rs 13.48 Lakhs.

[thetechmedia1]

Electric vehicles take centre stage at Delhi Auto Expo 2020

India’s aggressive push to become an EV-driven country was quite visible at this year’s Delhi Auto Expo. After years of debate and talks, electric vehicles in India have finally started to become more practical and affordable, thanks to mainstream auto companies taking it seriously. And as price barriers continue to reduce, companies are now targeting on their EV tech, trying to fine-tune it and make it competitive at a global level.

During the first day of Auto Expo 2020, as many as 12 car makers have showcased their affordable, daily-use electric vehicles, including the likes of Maruti Suzuki, Mercedes-Benz, Mahindra & Mahindra, among others.

While Maruti Suzuki showcased its Futuro-e electric car, Tata Motors took the stage to showcase its Nexon EV and Altroz EV. The Nexon EV, which was already launched a while back, has a starting price of ₹14 lakh (~$20K) ex-showroom and claims to offer an impressive 312 kms of battery range on a single charge.

Mercedes-Benz showcased its first electric SUV — EQC which will be powered by a 408PS motor that generates 760Nm torque. The claimed range is 470km and is expected to launch in April this year.

On the other hand, MG showcased its production-ready version of Vision E Concept. The car is based on The Marvel X electric SUV and is powered by two electric motors, one with 114 bhp and one with 70 bhp.

Mahindra unveiled the electric version of its compact SUV eKUV which is priced at ₹8.25 lakh. It is claimed to produce peak power output of 40kW and maximum torque of 120Nm and the company says that the car can go up to 147KM in single charge.

The company also showcased eXUV 300 which will be based on the XUV300. It also revealed Mahindra Atom which is a compact electric car for last-mile connectivity needs. Renault showcased its K-ZE based on Kwid, but nothing much is revealed about it yet.

China’s GMW showcased its Ora R1 hatchback electric vehicle at Auto Expo 2020 and is claimed be the ‘most-affordable’ electric car in India. Kia’s first electric car, Kia Soul EV, was earlier showcased at the 2019 Los Angeles Motor Show but the company is not expected to launch the car anytime soon in India.

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