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Top affordable automatic SUVs in India – Nissan Magnite to Tata Punch

Nissan Magnite, the cheapest compact SUV, launched in India at ₹4.99 lakh

<ul><li><keyword id="8952920" type="UNKNOWN" weightage="20" keywordseo="Nissan-Magnite">Nissan Magnite</keyword> is all set to launch on December 2 — the company will announce the pricing during the launch. </li><li>The car will compete against some of the best models, such as Kia Sonet, Maruti Suzuki Vitara Brezza, Hyundai Venue, Toyota Urban Cruiser, Mahindra XUV300, among others.</li><li>The Magnite will be offered in four grades — XE, XL, XV and XV Premium, and almost 20 variants.</li></ul>Nissan India has now officially confirmed that its sub-compact SUV Nissan Magnite is all set to launch on December 2. Since its first appearance in October, the car has created a lot of buzz in the market and is one of the most anticipated launches in the coming days. However, a huge competition awaits its way as it enters a very competitive segment of the sub-compact SUVs. The car will compete against some of the best models, such as Kia Sonet, Maruti Suzuki Vitara Brezza, Hyundai Venue, Toyota Urban Cruiser, Mahindra XUV300, among others. Nissan said that the prospective customers would be able to take a closer look at Magnite at all its showrooms in India next month and the price will be revealed during the launch on December 2. Here’s all you need to know about the all-new <keyword id="9438104" type="UNKNOWN" weightage="20" keywordseo="nissan-magnite-suv">Nissan Magnite SUV</keyword>: <ul><li>The Nissan Magnite will come with two engine options. A smaller one will be the B4D naturally-aspirated 1.0-litre petrol engine with Nissan’s dual VVT system. It will be capable of producing 72 hp at 6,250 rpm. The second one will be the 1.0-litre turbo petrol unit that makes 100 hp at 5,000 rpm. </li></ul><ul><li>The car has also promised several segment-first features such as a large 10-litre glovebox, multiple camera displays on the eight-inch infotainment screen, wireless charging, ambient lighting, air purifier, among others.</li></ul><ul><li>The Magnite will be offered in four grades — XE, XL, XV and XV Premium, and almost 20 variants.</li></ul><ul><li>Although the company hasn’t yet revealed the <a href="https://auto.hindustantimes.com/auto/cars/nissan-magnite-to-officially-launch-in-india-on-december-2-41605859807055.html">price</a>, it is likely to be in the range of ₹5.50 lakh and ₹10 lakh (ex-showroom). </li></ul>SEE ALSO: <a href="https://www.businessinsider.in/tech/apps/news/pubg-mobile-india-was-supposed-to-launch-today/articleshow/79315462.cms" data-type="tilCustomLink">PUBG Mobile India was rumoured to launch today — but there is no official update from the company</a> <a href="https://www.businessinsider.in/stock-market/news/gland-pharma-shares-list-at-premium-of-12-records-stellar-debut-despite-the-slow-subscription-numbers/articleshow/79315924.cms" data-type="tilCustomLink">FOMO helps Gland Pharma swell on debut</a>

Nissan Magnite SUV set to launch in India on December 2 — Here’s all you need to know

These are the top five cars with the highest waiting period in India

India is a price sensitive market and cars no exception to this behaviour. However, the diverse four-wheeler market of the country offers a wide range of options at every price point. Let’s see, what you can buy if you have a budget of under ₹7 lakhs, within options that range from a sedan, a hatchback and a <keyword id="504693" type="PERSON" weightage="20" keywordseo="compact-SUV">compact SUV</keyword>. <a href="https://www.carandbike.com/nissan-cars/magnite" data-type="tilCustomLink">Nissan Magnite</a> might be entering a tough terrain as the compact SUV market currently has many challengers like <keyword id="7720018" type="PERSON" weightage="20" keywordseo="kia-seltos">Kia Seltos</keyword>, MG Hector and more. But Magnite’s starting price at ₹5.99 lakhs makes it the most attractive car in the segment. However, the high-end versions of it can go as high as ₹9.8 lakhs which is more price comparable with other market leaders in the segment. However, even the low-end version has packed in a lot of interesting features. For one, it is large in size with a commanding front grille, and dual colour design which offer options like white with blue, red with black and more. The spaciousness of the car is much more evident with the legroom and in the front and back seats too. The back seat also has enough space to squeeze in a third passenger much more comfortably as compared to a smaller car. It however is not just the space, the upholstery also offers a premium look, with larger airier windows. The engine offers a smooth driving experience and while the suspension is not comparable to other compact SUVs, it is much better than any hatchback at this price range. A BS6 version of <a href="https://www.carandbike.com/maruti-suzuki-cars/dzire" data-type="tilCustomLink">Maruti Suzuki Dzire</a> was launched by the company in March last year, to keep the brand name alive. After all, its lower emission grade version was one of the country’s best sellers. Since the model has been around for a long time, it also comes with a number of variants and colour options and attractively priced starting at ₹5.94 lakhs. While the latest version comes with many cool updates and one of them is a modern infotainment system that can be operated via touchscreen and run on either Apple CarPlay or Android Auto. It has updated its look too with LED headlamps and daytime running lamps giving it a premium feel which the BS4 compliant version never did. Those who have driven a diesel version of this car might see a difference in this petrol-powered engine power but it makes up for it with a top-end powerband that helps you drive smoothly at high speeds. Maruti Wagon’s BS6 version is an updated version of the classic and popular hatchback in ways more than environmental compliance. In fact, it is a longer, sleekeer, wider and taller version of the older one. Its wheelbase is also improved to make it much more modern than the decades-old model. Like Dzire, Maruti also updated the car with a 7-inch touch-screen infotainment system which has become a much-needed selling point amongst cars. The interior of the car is also much airier with bigger windows with a much more spacious cabin and boot. These changes however were brought in without tampering with the design of the car. Yet, somehow it is much better looking than the earlier one. All these developments come at a marginal price increase as it starts at ₹4.65 lakhs. Its makers ensured that its practicality is retained as its engine is also more powerful with better torque. Within the price range, it offers the least comfort when it comes to driving. However, its performance is consistent with other hatchbacks.

Three best cars under ₹7 lakhs – Maruti Suzuki Dzire vs Nissan Magnite vs Maruti Suzuki Wagon-R

Upcoming car launches in December — Nissan Magnite, Audi S5 Sportback, Tata Altroz Turbo, and more

November car launches in India: Hyundai i20 to Audi S5 Sportback and Nissan Magnite to Force Gurkha, here’s the list

<keyword id="132140" type="COMPANY" weightage="20" keywordseo="Nissan-India">Nissan India</keyword> on Friday announced expansion of its dealership and service station network with 20 news sales points and 30 <keyword id="10342370" type="UNKNOWN" weightage="20" keywordseo="new-service-outlets">new service outlets</keyword> besides taking other customer-centric initiatives ahead of the roll out of its B-segment SUV Magnite next month. The expansion is in line with the <keyword id="9832205" type="COMPANY" weightage="20" keywordseo="Nissan-Next">Nissan NEXT</keyword> strategy to prioritize and invest in the Indian market for sustainable growth, the company said in a release. The subcompact SUV is scheduled for launch on December 2. In the run-up to the launch of the all-new Nissan Magnite next month, Nissan India has further strengthened customer-centric services with highly-trained channel partners, an end-to-end digital ecosystem and virtual showroom with vehicle configurator, <keyword id="148574" type="COMPANY" weightage="20" keywordseo="Nissan-Motor-India">Nissan Motor India</keyword> said in a release. "With India gradually becoming a more strategic base for value-added services, Nissan's new and improved initiatives will underscore our desire to give customers a hassle-free, safe, and satisfying sales and service process that is enhanced by a comprehensive digital ecosystem for discerning customers," said Rakesh Srivastava, MD, Nissan Motor India. While the vehicle configurator provides a seamless exterior and interior experience of all grades, powertrain and feature combinations including "tech pack", the end-to-end e-commerce takes care of the vehicle right from booking to delivery including finance process, the company release said. Besides, the virtual test drive feature allows the customers to take a test drive from home on their personal device, it added. "Nissan India's focus is on improving customers' connectivity by providing a seamless journey through these company-owned platforms. We are adapting and adopting the changes in the marketplace to strengthen Nissan's commitment to the Indian customer on product and service assurances," said Sinan Ozkok, President, Nissan Motor India. Nissan India has also introduced '<keyword id="10341171" type="COMPANY" weightage="20" keywordseo="nissan-express-service">Nissan Express Service</keyword>,' which delivers a quick and comprehensive service experience in just 90-minutes. Nissan will extend the service reach to its customers by conducting "<keyword id="10341173" type="COMPANY" weightage="20" keywordseo="nissan-service-clinics">Nissan Service Clinics</keyword>" in over 100 upcountry locations, it said. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/checkout-top-electric-cars-price-from-delhi-mumbai-chennai-bengaluru-kolkata/articleshow/79429631.cms" data-type="tilCustomLink">From Tata Nexon EV and MG ZS EV to Hyundai Kona Electric — here’s how much top electric cars cost in India</a> <a href="https://www.businessinsider.in/science/news/astrazeneca-will-likely-re-test-its-covid-19-vaccine-ceo-says-after-admitting-an-error-in-the-first-trial-that-may-have-skewed-results/articleshow/79434619.cms" data-type="tilCustomLink">AstraZeneca will likely retest its COVID-19 vaccine, CEO says after admitting an error in the first trial that may have skewed results</a>

Nissan India expands dealership and service station network ahead of Magnite launch next month

<ul><li>Fiat Chrysler Automobiles announced its expansion plans to boost the local product line-up in India, with a commitment of investing over $250 million. It plans to roll out four new SUVs in 2021. </li><li>Not just Fiat, even the American multinational automaker Ford Motor had expressed plans to expand its presence in India. They are looking to launch <a href="https://www.zigwheels.com/upcoming-Ford-cars">four models</a> this year.</li><li>In an exclusive interview earlier with Business Insider, <a href="https://www.businessinsider.in/business/auto/news/kia-motors-11-electric-vehicles-in-2021-but-india-may-have-to-wait-longer-to-buy/articleshow/80056447.cms">Kia Motors India</a> revealed its plans to make India a global export hub for Kia Motors.</li><li>Nissan is already ramping up its production at its Chennai plant and has plans to add 1500 more jobs. </li></ul>With new investment plans of over $250 million (₹1,824 crore), Fiat Chrysler (FCA) joins the likes of other multinational giants like Ford, Kia, and Nissan that are already betting big on India’s potential in the coming years. Fiat has announced its mega investment plans to build its presence in the country by launching four new sport-utility vehicles (SUVs) under its Jeep brand over the next two years. The American multinational automaker Ford Motor has also charted out growth plans in India, and it is going solo too. At the beginning of this year, Ford called off its joint venture with Mahindra and Mahindra (M&amp;M). While the move may affect some plans to launch new variants, Ford remains gung-ho on its India expansion plans and has a slew of launches scheduled for 2021. Even Kia Motors’ India <a href="https://www.businessinsider.in/business/auto/news/kia-motors-11-electric-vehicles-in-2021-but-india-may-have-to-wait-longer-to-buy/articleshow/80056447.cms">revealed </a>its plans to make India a global export hub for the auto giant, in an exclusive interview with Business Insider. And Nissan too is no less than its peers, the company is already ramping up its production at its Chennai plant and has plans to add 1500 more jobs. These announcements come at a time when the pandemic has battered automakers around the world with subdued sentiment and a decline in sales. In fact, the Indian auto sector was witnessing a slowdown and BSVI transition challenges even before the pandemic struck. Japan’s Honda Motor was forced to shutter one of its plants <a href="https://www.bloombergquint.com/business/honda-said-to-shut-india-plant-and-reduce-four-wheeler-output">in Noida</a>, while General Motors (GM) stopped producing cars in India for <a href="https://www.rushlane.com/general-motors-india-plant-shut-down-12387365.html">export </a>in international markets. But that isn’t discouraging these companies. And it opens up more room for competition. Whether in terms of money, setting up newer plants and tech centres, or research &amp; development, Ford, Fiat, and other global auto companies are making a move to grab their share in India’s automotive market. So what makes India attractive for these automakers? Fiat’s $250 million India investment plans Fiat currently holds less than a 1% share of India’s passenger vehicle market but is looking to expand its operations with four new products that will hit Indian roads by the end of 2022. It is determined to increase its locally-made componentry in vehicles produced in its joint venture manufacturing facility. “Our plans in India are aimed at increasing the value proposition for customers through our products and services, working hard on customer satisfaction and unlocking business opportunities for our business partners,” FCA India Managing Director, Dr Partha Datta said. The all-new local vehicle line-up includes the 2021 made-in-India Jeep Compass, a locally produced and global-first three-row Jeep SUV, as well as the iconic Jeep Wrangler and next-generation Grand Cherokee flagship, which will both be locally assembled in FCA’s joint venture manufacturing facility in Ranjangaon. The company’s Jeep brand made its debut in India in 2016 and carved a premium position in India. Fiat is now planning to unveil the 2021 Jeep Compass in India on January 7, and production has already commenced. The luxury seven-seat mid-size Jeep, codenamed H6, will be launched in 2022. Fiat’s $250 million investment plans in India are in addition to the $450 million they have already committed over the past five years. They have also recently invested in setting up a <a href="https://www.businessinsider.com/fiat-chrysler-to-spend-150-million-setting-up-global-tech-centre-in-india-2020-12?IR=T">tech centre </a>in Hyderabad. Fiat aims to create at least 1000 new jobs by the end of 2021. Ford is betting big on India The American multinational automaker Ford Motor is expanding its presence in India. From its Focus ST to Ranger Raptor and Figo to EcoSport — the company had a slew of launches scheduled for 2021. And they are all set to go at it solo in India Ford had signed a joint venture with M&amp;M in October 2019 to produce vehicles for emerging markets. However, on January 1, they pulled the plug on this partnership due to the challenges caused by the COVID-19 pandemic. Ford intends to continue its standalone business in the country. <div type="image" title="caleb-white-XGJBSkoqX_I-unsplash" msid="80112736" hostid="261"></div> On January 4, Ford India <a href="https://indianexpress.com/article/business/companies/ford-ecosport-2021-launched-in-india-price-features-mileage-7132375/">introduced</a> the 2021 line-up of its compact SUV EcoSport with enhanced connectivity features and an enhanced warranty at a starting price of ₹7.99 lakh. Kia also has big plans for India In an exclusive interview earlier with Business Insider, Kia India <a href="https://www.businessinsider.in/business/auto/news/kia-motors-11-electric-vehicles-in-2021-but-india-may-have-to-wait-longer-to-buy/articleshow/80056447.cms">revealed </a>its plans to make India a global export hub for Kia Motors. “For us at Kia, the new production-linked incentive (PLI) scheme certainly puts the spotlight on India and makes it even more important in our global scheme of things. Now, with the new scheme, we will be able to offer even more competitive and globalized products and reach more markets,” Tae-Jin Park, Executive Director &amp; Chief Sales Officer at Kia India, told Business Insider. <div type="image" title="Kia Motors" msid="80112770" hostid="261"></div> The government’s PLI scheme includes incentives of ₹57,000 crore over five years for the automotive sector and focuses on making Indian companies globally competitive by driving exports. According to the Nomura report dated December 28, the eligibility criteria are likely to be such that companies with high export revenue could be the key beneficiaries of the scheme. The global automakers are pushing ahead with big plans for India in the coming years. Even Japanese auto major Nissan is ramping up its production at its Chennai plant and starting a third shift to increase output. On Monday, the company <a href="https://auto.hindustantimes.com/auto/news/nissan-india-to-hire-1-500-workers-to-enhance-production-bolster-sales-force-41609759373497.html">said</a>, along with its dealer partners, it will hire 1,500 people in India to enhance production and reinforce the sales force after the robust response to its newly launched compact SUV Magnite. This comes after the company announced plans to layoff 1,700 people in India in 2019. SEE ALSO: <a href="https://www.businessinsider.in/india/news/tatas-got-airasia-stake-at-a-20-discount-while-indigo-and-spicejets-value-has-doubled-since-pandemic-broke-out/articleshow/80101467.cms" data-type="tilCustomLink">Tatas got AirAsia stake at a 20% discount while IndiGo and SpiceJet’s value has doubled since pandemic broke out</a> <a href="https://www.businessinsider.in/business/news/kishore-biyani-lashes-out-at-amazon-says-future-group-was-disillusioned-and-fed-up-with-the-companys-lackadaisical-attitude/articleshow/80107540.cms" data-type="tilCustomLink">Kishore Biyani lashes out at Amazon, says Future Group was disillusioned and fed up with the company's lackadaisical attitude</a>

What is making Ford, Fiat, and Kia put more money in India

<ul><li><keyword id="596" type="General" weightage="80" keywordseo="hyundai" source="Orion">Hyundai</keyword> has unveiled the <keyword id="17141625" type="General" weightage="20" keywordseo="Exter-SUV" source="Orion">Exter SUV</keyword> ahead of its launch</li><li>Exter will be available in five trims - EX, S, SX, SX (O), and SX (O) Connect.</li><li>Prices are expected to start from around ₹6 lakh (ex-showroom).</li></ul>Hyundai Motor India has unveiled the first look of their smallest SUV, the Exter. It will be positioned below the Venue in their lineup. Interested buyers can pre-book the Exter by paying a token amount of ₹11,000 either through the company's official website or by visiting a nearby Hyundai dealership. <cmsannotation type="cmsannotation" annotationid="Engine, powertrain &amp; variants" comment="subhead" text="Engine, powertrain &amp; variants">Engine, powertrain &amp; variants</cmsannotation> The upcoming Exter SUV from Hyundai will have a 1.2-liter petrol engine, which is the same as in the Grand i10 Nios, Aura, i20, and Venue models. The power output for the Exter hasn't been disclosed yet, but it is expected to produce similar figures to those of 83hp and 114Nm torque. The engine will be paired with either a 5-speed manual or an AMT gearbox. Additionally, Hyundai has announced that they will offer a factory-fitted CNG kit at launch, just like in the Nios and Aura models, as the Exter shares the same platform and underpinnings with them. The Exter will be available in five different trims – EX, S, SX, SX(O), and top-spec SX(O) Connect. The top-end variant will likely come with connected car features as standard, as suggested by its suffix. <cmsannotation type="cmsannotation" annotationid="Hyundai Exter exterior design" comment="subhead" text="Hyundai Exter exterior design"><keyword id="17141624" type="General" weightage="100" keywordseo="Hyundai-Exter" source="Orion">Hyundai Exter</keyword> exterior design</cmsannotation> The Exter follows Hyundai's Parametric design language, which is also seen in other Hyundai models in India. The SUV features a boxy design, a split headlamp set-up with H-patterned LED Daytime Running Lamps, a contrasting black grille with a prominent chin and a faux silver skid plate. On the sides, the Exter displays round and slightly flared wheel arches with thick cladding, which contribute to its square appearance. The SUV also comes with stylish, dual-tone alloy wheels, roof rails, a textured finish for the C-pillar, and dual-tone paint options with a floating roof effect. <cmsannotation type="cmsannotation" annotationid="Rivals and launch timeline" comment="subhead" text="Rivals and launch timeline">Rivals and launch timeline</cmsannotation> Hyundai's Exter SUV will compete against other models like the Tata Punch, Citroen C3, and Nissan Magnite in the market. The pricing details for the Exter are expected to be announced by Hyundai in late July or early August of this year. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/google-launches-passkeys-for-hassle-free-login-to-gmail-and-youtube-without-a-password-heres-how-to-set-them-up/articleshow/99977103.cms">Google launches Passkeys for hassle-free login to Gmail and YouTube without a password - here's how to set them up</a> <a href="https://www.businessinsider.in/tech/news/apples-safari-is-the-worlds-second-most-used-and-least-vulnerable-desktop-web-browser/articleshow/99926825.cms">Apple’s Safari is the world’s second-most-used and least vulnerable desktop web browser, yet only 1% of Indians use it</a>

Hyundai reveals Exter SUV ahead of launch with 5 trims and expected starting price of ₹6 lakh

The year of 2022 saw the launch of many SUVs. Crossovers and sub-compact SUVs were the most favoured vehicles among Indian buyers during the year. In order to mark a strong presence in the SUV segment, many car manufacturers are expected to add new SUVs to their portfolio in 2023. Most of them could be from brands like Jeep, MG, and more. Here’s a rundown of all the upcoming SUVs in India in 2023. <cmsannotation type="cmsannotation" annotationid="Jeep Avenger" comment="subhead" text="Jeep Avenger">Jeep Avenger</cmsannotation> Jeep is likely to launch the Avenger SUV in India sometime in March 2023. The car could pack a 1.2-litre petrol engine from Citroen C3. The Jeep Avenger will compete with Brezza, Magnite, Sonet, Nexon and more. The Avenger is expected to be priced anywhere between ₹8 lakh to ₹12 lakh (ex-showroom). <cmsannotation type="cmsannotation" annotationid="Tata Harrier / Safari facelift" comment="subhead" text="Tata Harrier / Safari facelift">Tata Harrier / Safari facelift</cmsannotation> Tata’s Harrier and Safari could also get facelift variants. The facelift variants could have a new design exterior, a bigger touchscreen, ADAS and a 360- degree camera. Like Hyundai, Tata could unveil both of these cars at Auto Expo 2023. <cmsannotation type="cmsannotation" annotationid="Nissan X-Trail" comment="subhead" text="Nissan X-Trail">Nissan X-Trail</cmsannotation> Nissan’s X-Trail is known for its aggressive design and a slew of features. There is no word on the launch date, but this model could be showcased at the Auto Expo 2023. <cmsannotation type="cmsannotation" annotationid="Honda HR-V" comment="subhead" text="Honda HR-V">Honda HR-V</cmsannotation> This five-seater SUV is expected to launch in India by mid-2023. The car will lock horns with Hyundai Creta, Maruti Brezza and Kia Seltos. <cmsannotation type="cmsannotation" annotationid="MG Hector Facelift" comment="subhead" text="MG Hector Facelift">MG Hector Facelift</cmsannotation> Reportedly, MG Hector Facelift is expected to launch by January 2023. The car will carry the same 1.5-litre petrol motor, 1.5-litre petrol-hybrid powertrain, and 2.0-litre diesel engine. The facelift Hector could have a price tag of ₹25-27 lakh (ex-showroom). <cmsannotation type="cmsannotation" annotationid="Volkswagen Tiguan Allspace" comment="subhead" text="Volkswagen Tiguan Allspace">Volkswagen Tiguan Allspace</cmsannotation> The updated version of Tiguan, Allspace is expected to launch in January 2023. It will borrow the same design elements and the same engine of the Volkswagen Tiguan 2022. <cmsannotation type="cmsannotation" annotationid="Force Gurkha (5 door)" comment="subhead" text="Force Gurkha (5 door)">Force Gurkha (5 door)</cmsannotation> Spy shots suggest that the new Force Gurkha- 5 door is likely to make its debut in India. The SUV shares the same imprints as the existing Gurkha. It is expected to run on the same 2.6- litre turbo diesel engine. <cmsannotation type="cmsannotation" annotationid="Mahindra Bolero Neo Plus" comment="subhead" text="Mahindra Bolero Neo Plus">Mahindra Bolero Neo Plus</cmsannotation> The Mahindra Bolero Neo Plus could be the larger version of the present Bolero Neo, offering more space and extra room in the cabin. The car is expected to offer 7-9 seating options. Further, it is expected that the Mahindra Bolero Neo Plus will use the same engine option and same powertrain as the Thar. <cmsannotation type="cmsannotation" annotationid="Toyota Fortuner Next-Gen" comment="subhead" text="Toyota Fortuner Next-Gen">Toyota Fortuner Next-Gen</cmsannotation> The Toyota Fortuner is one of the best-selling SUVs in India. The brand will soon be launching the next-gen Fortuner in the market next year by mid-2023. It will offer all-new design elements and updated powertrain options. SEE ALSO: <a href="https://www.businessinsider.in/tech/gadgets/news/upcoming-new-games-in-2023/articleshow/95999256.cms">Top upcoming games in 2023: Here’s what PC, PlayStation, and Xbox users should expect</a> <a href="https://www.businessinsider.in/tech/apps/news/best-ai-powered-apps-and-websites-that-will-increase-your-work-experience/articleshow/96051415.cms">Here are some free AI-powered apps and tools to try right now</a>

Upcoming new SUVs in India 2023

<ul><li><keyword id="42747" type="CITY" weightage="20" keywordseo="Tata-Motors">Tata Motors</keyword> and <keyword id="6357096" type="UNKNOWN" weightage="20" keywordseo="Mahindra-Mahindra">Mahindra &amp; Mahindra</keyword> saw exponential growth in sales compared to March last year.</li><li>The auto companies saw their sales recover after a year of sluggish sales due to the COVID-19 pandemic, so their full year growth was still slow compared to pre-pandemic years.</li><li>The share prices of companies like <keyword id="44883" type="CITY" weightage="20" keywordseo="Maruti-Suzuki">Maruti Suzuki</keyword>, Tata Motors jumped as the numbers were out.</li></ul>India’s automobile manufacturers closed March on a happy note as leading companies like Maruti Suzuki, Tata Motors and Mahindra &amp; Mahindra saw their sales more than double compared to a year earlier. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Company </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">March 2021 (domestic + export) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">March 2020 (domestic + export) </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">167,014 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">83,792 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">66,609 (only domestic) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">11,012 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mahindra &amp; Mahindra </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">16700 (only domestic) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">3383 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Eicher </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7037 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1499 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Escorts </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">12,337 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">5,444 </td></tr></tbody></table> The exponential growth in car sales for Maruti or Tata Motors wasn’t a big surprise. On a year-on-year basis, the massive jump was also seen as last year March sales had been impacted due to the COVID-19 pandemic and the beginning of lockdown. The growth in the auto sales in March can also be attributed to the fact that government employees <a href="https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/ltc-benefits-adds-to-the-mad-car-rush-in-march/81642464">rushed</a> to buy cars to avail the leave travel concession (LTC) benefits before the March 31 deadline. Through the LTC scheme, government employees have to spend an amount which is equal to three times the amount available through LTC. For example, any employee who can avail ₹1.35 lakh under LTC has to spend at least ₹4.05 lakh. So government employees who didn’t want to forego the benefit looked at buying cars as an option. “The LTC scheme benefit has acted as a strong stimulus for growth by bringing in many first-time buyers. It has also provided many an opportunity to replace their vehicles with new ones, as per our experience, with many government employees preferring the all-new Nissan Magnite. It’s a strong government initiative and should be continued to drive personal mobility especially when public transport is seeing challenges with the COVID-19 pandemic,” Rakesh Srivastava, managing director of Nissan Motor India, told <a href="https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/ltc-benefits-adds-to-the-mad-car-rush-in-march/81642464">ET Auto</a> on March 23. Indian automobile majors were already squeezed by slowing sales for over a year, before the pandemic struck a nearly fatal blow. While the market has welcomed the recovery from the depths seen in 2020, the demand for automobiles in India is still far from its potential. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Company </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Share price as of 1.30 pm </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+1.03% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+2.19% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mahindra &amp; Mahindra </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-0.29% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Eicher </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+0.61% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Escorts </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-1.03% </td></tr></tbody></table> SEE ALSO: <a href="https://www.businessinsider.in/finance/news/upi-crosses-5-lakh-crore-in-transaction-value-in-march/articleshow/81820799.cms">India’s digital payments soar – UPI crosses ₹5 lakh crore in transaction value in March</a>

Maruti Suzuki sales double compared to last year, Tata Motors and Mahindra close the year on a high

<ul><li>With the rising demand for cheaper cars, Indian automakers have offered their best products at a lower cost.</li><li>At Business Insider, we have compiled a list of the top 5 cars under ₹10 lakh in the Indian market.</li><li>Tata Nexon, Renault Kiger, Hyundai venue Mahindra XUV 300 and Maruti Brezza are some of the best choices for Indian consumers to purchase SUVs under 10 Lakhs</li></ul>India is a price-sensitive market. Recently, the Indian car market has seen great demand for cheaper cars. However, automakers have tried their best to offer better products at a lower cost. From Tata’s Nexon to Renault’s Kiger, Mahindra’s XUV 300 to Maruti’s Brezza, companies have launched a range of models to meet end-customer demand. Business Insider has compiled a comprehensive list of the top 5 cars priced below ₹10 lahks in the Indian market, providing valuable insights for buyers looking for the best value for their money. Check out the top 5 cars under ₹10 lakh in India: Tata Nexon <div type="image" title="Tata Nexon" msid="99113007" hostid="261"></div> Tata Nexon is a feature-packed budget SUV car. It is the first Indian car to get a five-star safety rating from NCAP. Nexon is available in petrol and diesel and has two transmission options — manual and automated manual transmission (AMT). Tata Nexon’s price starts from ₹7.7 lahks and goes up to ₹14 lakh rupees (ex-showroom). Nexon offers a variety of features like 350 liters boot space, dual front airbags, height-adjustable seatbelts, and much more. For those searching for a safe and reliable SUV at an affordable price point, the Tata Nexon is a top contender in the Indian car market. Renault Kiger <div type="image" title="Renault Kiger" msid="99113115" hostid="261" sizebytes="22362"></div> Renault launched the Kiger just a few years back during the Covid era, and since then, Kiger has been one of the top-selling SUVs under 10 Lakh. The SUV is priced between ₹6.5-11.23 lakh (ex-showroom). Kiger competes with the likes of the Maruti Vitara Brezza, Hyundai Venue, Tata Nexon, Mahindra XUV300, and Nissan Magnite. The SUV has premium features such as a twin-slat chrome grille, tri-LED headlights, LED daytime running lights (DRLs), 16-inch diamond-cut alloy wheels, 8-inch touchscreen infotainment compatible with wireless Apple CarPlay and Android Auto, among others. Hyundai Venue <div type="image" title="Hyundai Venue" msid="99113192" hostid="261" sizebytes="44192"></div> Hyundai has recently launched Venue’s facelift model. The venue offers sporty looks and is filled with features like Android Auto &amp; Apple Carplay, Reclining Rear Seats, Onboard Voice Commands, Smart electric sunroof. Hyundai Venue is priced at Rs.7.68 - 13.11 Lakh (ex-showroom). The venue is available in petrol and diesel variants with IMT transmission. Anyone looking for an SUV with a premier touch and feel can look for Hyundai Venue. Mahindra XUV 300 <div type="image" title="Mahindra XUV 300" msid="99113319" hostid="261" sizebytes="143462"></div> Mahindra has also recently launched a new variant of its XUV300 with a 1.2L mStallion TGDi petrol engine, which offers a new turbocharged engine. The SUV has decent features such as dual-zone climate control, automatic headlamps and wipers, steering modes, a rear parking camera, front parking sensors, and a sunroof. Mahindra's XUV300 (ex-showroom) price starts at Rs.8.41 lakh and goes up to 14.07 Lakh. Maruti Brezza <div type="image" title="Maruti Brezza" msid="99113391" hostid="261" sizebytes="134040"></div> The Brezza has been one of Maruti's best-selling cars. The company also launched a facelifted model of the Brezza just a few months ago. The car demand is so high that in some cities, the Maruti Brezza has a waiting period of 6 months. The car offers a range of features, such as a 7-inch Smartplay Studio Touchscreen that supports Android Auto and Apple CarPlay. Maruti's Vitara Brezza price starts at ₹8.19 lakh and goes up to ₹14.04 lakh.

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