Autocar_Professional India Online News – Page 1315

Mercedes-Benz India eyes double-digit growth in CY24 with 12 new launches

After recording its highest-ever annual sales in 2023, Mercedes-Benz India will continue its offensive game with a target of double-digit growth in volumes during 2024. The automaker plans to ride on the favourable change in consumer perception toward acquiring luxury cars with over 12 new launches this year. The German luxury carmaker, which is also… Continue reading Mercedes-Benz India eyes double-digit growth in CY24 with 12 new launches

Mercedes Benz India eyes double-digit in 2024 with 12 new launches

After recording its highest-ever annual sales in 2023, Mercedes Benz India will continue its offensive game with a target of double-digit growth in volumes during 2024. The automaker plans to ride on the favourable change in consumer perception toward acquiring luxury cars with over 12 new launches this year. The German luxury carmaker, which is… Continue reading Mercedes Benz India eyes double-digit in 2024 with 12 new launches

Mercedes-Benz GLS facelift launched, prices start from Rs 1.32 crore

Mercedes-Benz has kick-started 2024 with the launch of the GLS facelift priced at Rs 1.32 crore for the GLS 450 and Rs 1.37 crore for the GLS 450d. The three-row GLS sits at the top of Mercedes’ SUV line-up and made its global debut in April last year. Mercedes-Benz GLS facelift design and exterior The biggest talking point when compared… Continue reading Mercedes-Benz GLS facelift launched, prices start from Rs 1.32 crore

Half of Mercedes-Benz India’s new launches in CY24 to be in top-end space

German luxury carmaker, Mercedes-Benz, which is the No. 1 luxury player in India’s car market and clocked 17,408 units in CY23, plans to introduce 6 new top-end models – categorised as products with pricing hovering around the Rs 1.5 crore-and-above mark – in CY24. The company presently sees top-end vehicles (TEVs) contributing around 25 percent… Continue reading Half of Mercedes-Benz India’s new launches in CY24 to be in top-end space

Half of Mercedes-Benz India’s new launches in CY24 to be in top-end space

Mercedes Benz India records highest ever annual sales in CY2023 with 10%YoY growth

German luxury car maker Mercedes Benz clocked its highest-ever annual sales in India during the calendar year 2023 with a growth of 10% in volume on a year-on-year basis. The growth came on the back of a robust uptick in sports utility vehicles, sedans, and electric vehicles. Mercedes Benz India sold 17,408 units in 2023,… Continue reading Mercedes Benz India records highest ever annual sales in CY2023 with 10%YoY growth

Hyundai Motor to invest Rs 26,180 crore in Tamil Nadu till 2032

Chennai-based Hyundai Motor India has announced investment of an additional Rs 6 180 crore in Tamil Nadu, at the Tamil Nadu Global Investors Meet 2024. This investment includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT Madras. An MoU (Memorandum of Understanding) was signed between Unsoo Kim, MD & CEO, Hyundai Motor India and V… Continue reading Hyundai Motor to invest Rs 26,180 crore in Tamil Nadu till 2032

Honda 2Wheelers India’s third scooter assembly line at Gujarat plant goes on stream

Honda Motorcycle & Scooter India (HMSI) has inaugurated its new and third assembly line at its fourth two-wheeler plant at Vithalapur in Gujarat, adding a capacity of 650,000 units pe annum. HMSI’s state-of-the-art Vithalapur facility is Honda’s largest scooter-only plant in the world. The inauguration took place on January 5. Honda’s best-selling two-wheeler and India’s best-selling scooter – the Activa – and… Continue reading Honda 2Wheelers India’s third scooter assembly line at Gujarat plant goes on stream

Ashok Leyland records highest ever sales volumes of 198,113 CV units in CY23

Ashok Leyland, the flagship of the Hinduja Group commercial vehicle manufacturer has recorded an all-time high sales of 198,113 commercial vehicle units in CY23, surpassing the previous record established in 2018. This is the highest-ever sales volume in the history of the company, noted a press release. Shenu Agarwal, Managing Director and CEO, Ashok Leyland… Continue reading Ashok Leyland records highest ever sales volumes of 198,113 CV units in CY23

Auto retails increase 11% in CY2023 to 23.8 million units, all segments record growth

CY2023 has been a good year for India Auto Inc and the real-world sales growth story is revealed in the retail sales figures released by the Federation of Indian Automobile Dealers Associations (FADA). A total of 2,38,67,990 vehicles across all segments (two- and three-wheelers, passenger vehicles, commercial vehicles and tractors) were sold in CY2023, up… Continue reading Auto retails increase 11% in CY2023 to 23.8 million units, all segments record growth