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French car giant Renault, which announced up to 3 per cent price hike from next month, is the latest to join the bandwagon to raise car prices in a bid to sell more cars before the financial year-end to ease high inventory levels with dealerships across the country.

Carmakers struggle with unsold inventory, hike prices

Auto analysts said that auto companies resort to such tactics during December when retail sales cool off considerably.

27 March 2019 1:26 AM IST

The new Toyota Yaris has finally been launched along with serial production at its plant in Bidadi near Bengaluru, and it is only available with a petrol engine.

Toyota discontinues Yaris model

The discontinuation of Yaris has brought down one of the world's biggest carmaker's offerings to just six models in...

28 Sept 2021 8:51 AM IST

The fact that luxury cars contribute to just one per cent of the countrys total car market could also be an upsetting statistic.

Lexus bookings start in India

The showroom will be located at the Taj Santacruz hotel alongside the Maserati showroom that was inaugurated earlier...

30 Nov 2016 11:43 AM IST