Tata Motors’ passenger vehicle sales continue to maintain their growth trajectory albeit growth has moderated last month to single digit. In May 2023, the company despatched a total of 45,984 units, which is a 6% year-on-year increase (May 2022: 43,392 units). Month on month, there is a decline of 2.38% compared with April 2023’s 47,107… Continue reading Tata Motors’ car and SUV sales rise 6% to 45,984 units in May
Author: Autocar_Professional India Online News
Escorts Kubota domestic tractor sales up 13.5% at 8,704 units in May
Tractor and construction machinery major Escorts Kubota on Wednesday reported a growth of 13.5 percent at 8,704 units in its domestic sales in May. The company had posted domestic sales of 7,667 units in the same month a year ago, as per a company release. The Faridabad-based company’s total sales (domestic+exports) also rose by 9… Continue reading Escorts Kubota domestic tractor sales up 13.5% at 8,704 units in May
C-Quest Capital appoints Mahua Acharya as Chief of Staff
C-Quest Capital (CQC), a leading carbon finance business has announced the appointment of Mahua Acharya as Chief of Staff. Mahua is re-joining CQC after having managed the India business as its CEO in the early days of the company where she led the deployment of the first of its kind, large-scale energy efficiency program for… Continue reading C-Quest Capital appoints Mahua Acharya as Chief of Staff
Ashok Leyland total sales fall by 1% to 13,134 units in May
Domestic sales were lower by 1% last month, at 12,378 units, versus 12,458 units in the year-ago period. Hinduja Group flagship company Ashok Leyland reported a 1% decline, at 13,134 units in May. The commercial vehicles maker had posted total sales of 13,273 units in May last year, as per the press release. Domestic sales… Continue reading Ashok Leyland total sales fall by 1% to 13,134 units in May
Demand for CNG vehicles remains stable despite surge in gas prices: CARE Ratings
CARE Ratings has released a report on the rising trend of increased demand in Compressed Natural Gas (CNG) operated vehicles, which are unaffected by the rise of gas prices. The report states that the CNG prices have increased significantly, with average prices during FY23 being 49% higher than that of the previous year. Sharp Increase… Continue reading Demand for CNG vehicles remains stable despite surge in gas prices: CARE Ratings
Volvo releases teaser images of all-electric EX30 SUV
The new, fully electric soon-to-arrive Volvo EX30 is not just designed for safety and increased sustainability, but it also focuses on features such as relaxation and enjoyment, via its tech and Scandinavian design. The company’s interior has responsible design at its core with recycled and renewable materials such as denim, flax and wool. The EX30, Volvo… Continue reading Volvo releases teaser images of all-electric EX30 SUV
Volvo releases teaser images of all-electric EX30 SUV
The new, fully electric soon-to-arrive Volvo EX30 is not just designed for safety and increased sustainability, but it also focuses on features such as relaxation and enjoyment, via its tech and Scandinavian design. The company’s interior has responsible design at its core with recycled and renewable materials such as denim, flax and wool. The EX30, Volvo… Continue reading Volvo releases teaser images of all-electric EX30 SUV
Mahindra & Mahindra sells 32,883 SUVs for 23% growth in May, backlog grows to 292,000 units
Mahindra & Mahindra (M&M) has reported wholesales of 32,883 SUVs in May 2023, which is a 23% year-on-year increase (May 2022: 26,632 units) but 5.21% down on April 2023’s 34,694 SUVs. The company also sold three sedans/vans last month, down 99% on May 2022’s 272 units. Cumulative sales for the first two months of FY2024… Continue reading Mahindra & Mahindra sells 32,883 SUVs for 23% growth in May, backlog grows to 292,000 units
Ola achieves record sales of over 35,000 units in May
Electric vehicle company Ola Electric has sold over 35,000 units in May, it claims in a press release. It has captured a market share of over 30% and has achieved a year-on-year growth of 300% during the last month, the release further stated. Bhavish Aggarwal, Founder and CEO, Ola Electric, said that they have marginally… Continue reading Ola achieves record sales of over 35,000 units in May
Hyundai Motor India despatches 48,601 units in May, up 15%
Hyundai Motor India has reported a domestic market wholesales volume of 48 601 units, which is a 14.91% increase over May 2022’s 42,293 units. Month-on-month, May 2023 sales are down 2.21% on April 2023’s 49,701 units. Commenting on the May 2023 sales, Tarun Garg, COO, Hyundai Motor India said, “The healthy double-digit sales growth for… Continue reading Hyundai Motor India despatches 48,601 units in May, up 15%