VE Commercial Vehicles on Saturday reported a 6.5 percent rise in total sales at 6,715 units in June 2023. The company, a joint venture between the Volvo Group and Eicher Motors, had sold 6,307 units in June 2022. During the quarter under review, the underlying demand continued to remain healthy, led by growth in different… Continue reading VE Commercial Vehicles total sales up 6.5% at 6,715 units in June
Author: Autocar_Professional India Online News
Hyundai Motor India’s monthly sales cross 50,000 units for the third time this year
Hyundai Motor India has clocked wholesales of 50,001 units in June 2023, which translates into 1,000 units more than a year ago and marginal 2% year-on-year growth (June 2022: 49,001 units). With this performance, the Chennai-based car and SUV manufacturer has recorded monthly sales of 50,000 units for the third time in the year to… Continue reading Hyundai Motor India’s monthly sales cross 50,000 units for the third time this year
Toyota Kirloskar Motor’s strong showing continues in June with 18,237 units
Toyota Kirloskar Motor (TKM), which is riding a fresh and sustained wave of demand for its cars, SUVs and MPV, has registered domestic market wholesales of 18,237 units in June 2023, an increase of 11% (June 2022: 16,495 units). Month-on-month, sales are down 4.41% on May 2023’s 19,079 units, which was the company’s best-ever monthly performance, when combined with… Continue reading Toyota Kirloskar Motor’s strong showing continues in June with 18,237 units
Escorts Kubota domestic tractor sales remain flat in June at 9,850 units
Tractor and construction machinery major Escorts Kubota’s domestic sales in June remained flat at 9,270 units. The company had posted domestic sales of 9,265 units in the same month a year ago, as per a company release. The Faridabad-based company’s total sales (domestic plus exports) dropped by 2 percent to 9,850 units last month as… Continue reading Escorts Kubota domestic tractor sales remain flat in June at 9,850 units
MG Motor India sells 5,125 SUVs and EVsin June 2023, records 40% growth in Q2 2023
MG Motor India has reported retail sales of 5,125 units, which represents 14% year-on-year growth (June 2022: 4,504 units) and a marginal 2.39% increase over May 2023’s 5,006 units. While the cumulative April-June 2023 sales of 14,682 units are a sizeable year-on-year increase (Q2 CY2022: 10,520 units), Q2 CY2023 sales are up 2.25% on Q1… Continue reading MG Motor India sells 5,125 SUVs and EVsin June 2023, records 40% growth in Q2 2023
‘Vietnam is a promising market for Indian ICE and EV components’: ACMA’s Vinnie Mehta
The vehicle market in Vietnam, the gateway to Southeast Asia, is slated to grow at a CAGR of 25% and demand for EVs, particularly two- and three-wheelers, continues to soar. Reason enough for Indian suppliers to tap into the opportunity, says the Director General of the Automotive Component Manufacturers Association of India, in an email… Continue reading ‘Vietnam is a promising market for Indian ICE and EV components’: ACMA’s Vinnie Mehta
Electric two-wheeler sales hit 11-month low of 45,734 units in June
The retail sales numbers for the Indian electric two-wheeler industry for June 2023 are out – 45,734 units. This statistic is as per the government’s Vahan website as of 7am today (July 1) and should increase marginally as additional new EV registrations from across the country are factored in. Following the industry’s best-ever performance in… Continue reading Electric two-wheeler sales hit 11-month low of 45,734 units in June
Electric two-wheeler sales hit 11-month low of 45,734 units in June
The retail sales numbers for the Indian electric two-wheeler industry for June 2023 are out – 45,734 units. This statistic is as per the government’s Vahan website as of 7am today (July 1) and should increase marginally as additional new EV registrations from across the country are factored in. Following the industry’s best-ever performance in… Continue reading Electric two-wheeler sales hit 11-month low of 45,734 units in June
Hero MotoCorp to hike prices of motorcycles and scooters from July 3
Hero MotoCorp will make an upward revision in the ex-showroom prices of its motorcycles and scooters, effective from July 3, 2023. The company said that the price increase will be around 1.5% and the exact quantum of the increase will vary for specific models and markets. The upward revision of the prices of motorcycles and… Continue reading Hero MotoCorp to hike prices of motorcycles and scooters from July 3
Bharat NCAP norms set to come into effect from October 1, 2023, says a ministry official
The Bharat New Car Assessment Programme crash test norms are set to come into effect from October 1, 2023, Mahmood Ahmed, additional secretary, Ministry of Road Transport & Highways (MoRTH), informed Autocar Professional. This comes at a time of growing consciousness on safety norms, with homegrown brands like the Tata and Mahindra scoring 5 stars… Continue reading Bharat NCAP norms set to come into effect from October 1, 2023, says a ministry official