E-Automobile gross sales fall to 5-month low in February regardless of steep worth cuts
Electrical automobile gross sales in India fell to their lowest degree in 5 months in February at the same time as firms took steep worth cuts, indicating it will take greater than only a decrease acquisition value to nudge consumers to shift to EVs in India the place automakers are committing billions of {dollars} for […]
Maruti Suzuki taking a look at transporting extra autos by way of railways to chop down prices and scale back emissions
The nation’s main carmaker Maruti Suzuki is taking a look at transporting extra autos it makes by way of railways to chop down prices and scale back emissions in step with the federal government’s push in the direction of clear cell options. The corporate, together with joint-venture companions, has invested over Rs 1081 crore to […]
India automobile gross sales: Automotive gross sales contact document mark in February amid higher provides and powerful client demand
As per knowledge accessible with business physique Society of Indian Car Producers (SIAM), as many as 370,786 vehicles, sedans and utility automobiles have been bought final month, which is a rise of 10.8% over 334,790 items reported in the identical interval final yr. This was the third highest month-to-month gross sales on document, behind 3,94,500 […]
passenger automobile gross sales: Home passenger automobile gross sales rise 11 laptop in February: SIAM
Passenger automobile wholesales in India rose 11 per cent year-on-year in February, as sports activities utility automobiles continued to steer demand available in the market, trade physique SIAM mentioned on Tuesday. The overall passenger automobile dispatches to sellers final month stood at 3,70,786 items, as in comparison with 3,34,790 items within the year-ago interval. “Passenger […]
Hyundai: We are going to proceed to strengthen our presence within the Indian market, says Hyundai Motor India MD Unsoo Kim
Korean auto main Hyundai stated it should proceed to make strategic investments in direction of rising manufacturing capability, establishing new manufacturing models, introducing new merchandise and applied sciences to strengthen its presence within the Indian market. Unsoo Kim, Managing Director, Hyundai Motor India, stated, India is a “focal” marketplace for the corporate. “As we stay […]
auto mortgage charges: Upbeat on demand, automotive cos revise forecast upwards once more
The nation’s automotive business has for the second time revised upwards its progress projections for this fiscal to greater than 8%, practically twice the speed projected in the beginning of the yr. Passenger automobile gross sales within the native market are anticipated to develop by 8.1-8.2% to 4.23 million items in FY24, buoyed by better-than-expected […]
Carmakers elevate FY24 gross sales development projection to eight.2%
New Delhi: The nation’s automobile trade has for the second time revised upwards its development projections for this fiscal to greater than 8%, practically twice the speed projected initially of the yr. Passenger car gross sales within the native market are anticipated to develop by 8.1-8.2% to 4.23 million items in FY24, buoyed by better-than-expected […]
MG Motor-JSW: MG Motor India anticipates accelerated progress path with JSW Group’s funding, says CEO Emeritus Rajeev Chaba
MG Motor India is ready to attain accelerated progress with the help of JSW Group as an investor, in keeping with CEO Emeritus Rajeev Chaba. The corporate has already established a robust basis in expertise, buyer expertise, gender range, and group service. Now, MG Motor India is trying ahead to the subsequent section of progress, […]
Lot extra girls take the driving force’s seat in SUVs now
Extra girls are taking the wheel of sport-utility autos, as soon as thought-about the area of males, contributing to the phase’s gross sales surge. The share of ladies SUV patrons has climbed 4.5 instances from 5 years in the past amid a rising choice for autos with excessive floor clearance and better seating. It jumped […]
CBR1000RR: HMSI remembers GL1800 Gold Wing, CBR1000RR models to repair defective gas pumps
Honda Motorbike & Scooter India (HMSI) on Friday mentioned it’s recalling sure models of its superbikes GL1800 Gold Wing and CBR1000RR to examine and substitute defective gas pumps. Honda GL1800 Gold Wing manufactured between December 2017 and December 2023 and CBR1000RR manufactured between September 2017 and April 2020 are affected, the two-wheeler main mentioned in […]