Autocar_Professional India Online News – Page 1269

Royal Enfield’s sales up 13 percent year on year in November to 80,251 units

Eicher Motors-owned Royal Enfield recorded a 13 percent on-year growth in its November sales amid robust domestic sales. Royal Enfield sold a total of 80,251 motorcycles during the month, compared with 70,766 units in the year-ago period. Domestic sales grew 14 percent on year to 75,137 units while exports registered a slight improvement of 2… Continue reading Royal Enfield’s sales up 13 percent year on year in November to 80,251 units

PV sales to register 8% uptick in CY23, growth likely to moderate to a low single digit in CY24

India’s passenger vehicle (PV) market is set to close the ongoing calendar with a sustained year-on-year (YoY) growth of around 8 percent as improved chip supplies enabled better production at OEMs to cater to the pent-up demand, reasoned Tarun Garg, Chief Operating Officer, Hyundai Motor India, in an interview. However, Garg expects the industry’s trajectory… Continue reading PV sales to register 8% uptick in CY23, growth likely to moderate to a low single digit in CY24

NIFCO South India Manufacturing to invest Rs 288 crore in Karnataka

The Government of Karnataka today signed a memorandum of understanding (MoU) with NIFCO South India Manufacturing, a group company of Nifco Korea, for setting up the company’s new automotive plastic components manufacturing plant at an investment of Rs 288 crore in the state. M B Patil, Hon’ble Minister for Large and Medium Industries, and Infrastructure Development,… Continue reading NIFCO South India Manufacturing to invest Rs 288 crore in Karnataka

NIFCO South India Manufacturing to invest Rs 288 crore in Karnataka

Honda Cars registers 24% sales growth in November to clock 8,734 units

Honda Cars India (HCIL) has registered a 24 percent year-on-year sales growth in November, to clock domestic volumes of 8,734 units (November 2022: 7,051). The Japanese carmaker, which introduced its latest entrant – the Elevate midsize SUV – earlier this year in September, says it witnessed a surge in demand for the SUV during the… Continue reading Honda Cars registers 24% sales growth in November to clock 8,734 units

TVS registers 50% sales growth in November 2023, two-wheeler sales at 191,730 units

TVS Motor Company recorded monthly sales of 364,231 units in November 2023, registering a 31 percent year-on-year growth, as against 277,123 units in the month of November 2022. The company’s domestic two-wheeler sales registered growth of 50% with sales increasing from 191,730 units in November 2022 to 287,017 units in November 2023. While motorcycles registered a… Continue reading TVS registers 50% sales growth in November 2023, two-wheeler sales at 191,730 units

Maruti Suzuki clocks 134,158 units in November, UVs register 51 percent growth

Maruti Suzuki India, the bellwether of India’s passenger vehicle (PV) segment, has clocked sales of 134,158 units in November, registering nominal 1.36 percent year-on-year growth over sales of 132,395 units in the same month last year. While its entry-level duo of Alto and S-Presso continued to remain on a downfall, registering a de-growth of over… Continue reading Maruti Suzuki clocks 134,158 units in November, UVs register 51 percent growth