Tata Motors has reported wholesales of 47,689 units in July 2023, which makes for flat and zero growth year-on-year sales (July 2023: 47,636 units). Growth clearly is slowing down for Tata Motors which has, for the past couple of years, witnessed strong double-digit gains albeit on a lower year-ago base. Nonetheless, given the average monthly… Continue reading Tata Motors sells 47,689 cars and SUVs in July, growth slows down
Author: Autocar_Professional India Online News
Hendrickson eyes India’s air suspension market, expected to surpass 1 lakh units by 2027
Hendrickson, a US-based supplier of parts to commercial vehicle manufacturers, is keeping an eye on the country’s rapidly evolving air suspension market, which is expected to surpass 1 lakh units by 2027 and is expanding at a CAGR of 30%. Mohit Khosla, whole-time director and CEO for India and the Middle East stated that the Indian… Continue reading Hendrickson eyes India’s air suspension market, expected to surpass 1 lakh units by 2027
Tata Motors’ total wholesales declined by 4% in July 2023 (YoY)
Mumbai-based Tata Motors’ domestic commercial vehicle wholesales dipped by 4% to 32,944 units in July 2023 as compared to a similar period last year, when it registered 34,154 units, with almost all the segments except for heavy commercial vehicles (HCV) and passenger carriers witnessing a fall. As per the data released by the company, HCV registered… Continue reading Tata Motors’ total wholesales declined by 4% in July 2023 (YoY)
Tata Motors’ total wholesales declined by 4% in July 2023 (YoY)
Mumbai-based Tata Motors’ domestic commercial vehicle wholesales dipped by 4% to 32,944 units in July 2023 as compared to a similar period last year, when it registered 34,154 units, with almost all the segments except for heavy commercial vehicles (HCV) and passenger carriers witnessing a fall. As per the data released by the company, HCV registered… Continue reading Tata Motors’ total wholesales declined by 4% in July 2023 (YoY)
Tata Motors’ total wholesales declined by 4% in July 2023 (YoY)
Mumbai-based Tata Motors’ domestic commercial vehicle wholesales dipped by 4% to 32,944 units in July 2023 as compared to a similar period last year, when it registered 34,154 units, with almost all the segments except for heavy commercial vehicles (HCV) and passenger carriers witnessing a fall. As per the data released by the company, HCV registered… Continue reading Tata Motors’ total wholesales declined by 4% in July 2023 (YoY)
Bosch Limited’s net profit rises 22.4% on increased sales of EGT Components for cars and commercial vehicles
Bosch, a supplier of technology and services to automotive and other sectors, posted a net profit of Rs 409 crore during Q1 FY24 as against Rs 334 crore during the corresponding period of the previous year, on the back of increased sales of exhaust gas temperature (EGT) components in passenger cars and commercial vehicle segments.… Continue reading Bosch Limited’s net profit rises 22.4% on increased sales of EGT Components for cars and commercial vehicles
ED raids Hero MotoCorp Chairman Pawan Munjal’s residence
The Enforcement Directorate raided the residence of Hero MotoCorp’s Chairman, Pawan Munjal today morning. According to provisions of the Prevention of Money Laundering Act (PMLA), searches were conducted at the Gurugram and Delhi premises. A company statement on the matter is awaited. According to a media report, the ministry of corporate affairs (MCA) ordered and… Continue reading ED raids Hero MotoCorp Chairman Pawan Munjal’s residence
Hyundai Motor India posts flat sales of 50,701 units in July
Hyundai Motor India has registered wholesales of 50,701 units, which constitutes flat year-on-year sales growth of just 0.39% (July 2022: 50,500 units). When compared on a month-on-month basis, the Korean carmaker’s July domestic market sales are up 1.39% (June 2023: 50,001 units). Calendar-year-wise, the Chennai-based car and SUV manufacturer has recorded monthly sales of 50,000… Continue reading Hyundai Motor India posts flat sales of 50,701 units in July
A look at the country’s most fuel efficient petrol midsize SUVs
SUVs continue to be the rage in our market wherein midsize SUVs are one of the most sought after, and also one of the most competitive segments of all. But unlike a few years ago, when diesels were the mainstays in SUVs, the market has now majorly shifted towards petrol. In fact, just two of… Continue reading A look at the country’s most fuel efficient petrol midsize SUVs
M&M opens EV battery testing lab in Tamil Nadu, breaks ground on EV crash test facility
Mahindra & Mahindra (M&M) is making speedy moves both on the electric vehicle front as well as developing new infrastructure. On July 31, the Chief Minister of Tamil Nadu M K Stalin; Minister of Industries Dr. TRB Rajaa and top M&M executives including R Velusamy R, President, Automotive Technology & Product Development and Ms. Abanti… Continue reading M&M opens EV battery testing lab in Tamil Nadu, breaks ground on EV crash test facility