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Currently, the second-hand car market is 1.5 times of the new car industry and according to estimates, it is expected to grow to 7.1 million units by FY25.
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The pandemic affected exports of passenger vehicles due to enforced lockdown and other logistics and supply chain issues
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After the price increase, the price of Chetak Urbane has gone up to Rs 1,42,620, while the price of Chetak Premium has gone up to Rs 1,44,620
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Cos said the auto sales were correlated closely with economic growth and also with the consumer sentiment
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Diesel has its major advantage of low fuel cost and better mileage but when it comes to power, service and maintenance petrol is on the better side
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Car makers including Maruti Suzuki, Renault India, Tata Motors, Hyundai and Honda have huge offers lined-up in form of cash discounts, exchange bonuses, and loyalty discounts
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Last year in June, the company had recalled 65,651 units of different models, including Amaze, City and Jazz produced in 2018 to replace faulty fuel pumps
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The new bike gets a higher ground clearance of 170 mm and a 1,285 mm wheelbase that will provide better stability even on poor and uneven roads
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All the models of the company will be covered under the price increase exercise. The price of Celerio and Swift remain unchanged
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Bajaj said it will review the supply and production situation and will announce the next round of bookings for the electric scooter
