Maruti Suzuki finds itself at the receiving end of the unprecedented slowdown in India's automobile market. It has slipped out of the top 10 list.

Kia Seltos has outsold Hyundai Creta in each of the last three months since its launch in August; Kia's heavily competitive price and impressive features propelled it to the 5th spot in the list of top-selling automakers in India

In its very first month, Maruti's new hatchback S Presso entered the list in the 8th position while another new entrant Kia Seltos logged its best ever sales in a month in its short three month lifespan with 12,854 units

Industry volumes collated from the top 11 passenger vehicle makers that released their figures on Friday pointed to a marginal 1.5 per cent growth last month at 280,418 units against 276,398 units last year

Sensex and Nifty have risen 1,080 points and 300 points, respectively in last four sessions. Sensex rose 269 points to 40,055, Nifty rose 97 points to 11,883 in trade today. Sensex had crossed the 40K level last on July 5 (Budget Day) when the index hit an intra day high of 40,032. However, it closed at 39,513 that day

Ola's connected car project aims to give real-time solutions regarding future mobility issues; as part of the deal, Microsoft will acquire a 4.5 per cent stake in ANI Technologies for $200 million

While Sensex made an intraday high of 39,917, Nifty crossed 11,800 level for the first time since July 5 to touch 11,809.40 mark intraday.

In 2017, Ola and Microsoft had joined hands to build a new connected vehicle platform for car makers globally

While car makers reported a 7-10 per cent uptick in sales in the Navratri to Dhanteras period, the sentiment in the two-wheeler industry remains comparatively downcast

The first half of this financial year 2019-20, has been most forgettable for the domestic passenger vehicle industry

The slowdown in the industry is largely on account of a bad festive season last year which led to the problem of higher inventories, tight liquidity with banks as a fallout of the NBFC crisis and an overall sluggish economy

Kia Motors had ventured into India with the Seltos SUV in August. The company claimed that it sold 13,990 units in India within two months of its launch

Under the partnership, Vodafone Idea will provide to Kia Motors its business services' internet of things (IoT) solutions offering an array of services, including navigation that reflects real-time traffic

Even though cost of electric cars remains high and the options limited, new age mobility firms and startups have already started to line up investments in this area

Hyundai India's schemes are in the form of cash and exchange offers for Santro, Grand i10, Xcent, Elite i20, Verna, Elantra and Tucson

The hefty discounts come amid an unprecedented slump in the auto sector. Sale of automobiles crashed by 23.5 per cent to 18,21,490 units in August, the worst ever decline in a month on a year-on-year basis since 1997-98

According to a filing by Competition Commission of India (CCI), Hyundai Motor Company and Kia Motors will acquire stake in Ola's parent ANI Technologies and will also get a certain minority equity stake in the electric mobility arm

The country's largest car-maker Maruti Suzuki India (MSI) saw its market share dip by over 2 percentage points during the period under review and slip below 50 percent in the domestic passenger vehicle segment in April-August

The MG ZS electric compact SUV will be produced locally in India, however, the battery packages for it would be imported from China-based CATL

The Tata Nexon KRAZ and Nexon KRAZ+ come with certain cosmetic upgrade inside and out in comparison to the standard models. They, however, bear the same powertrains as the rest of the line-up