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%

Skoda Auto appoints Rajesh Bhaseen as head of sales and Rahul Pansare as new head of marketing

Skoda Auto has hired Rajesh Bhaseen as its new head of sales and Rahul Pansare as the new head of marketing, refilling the critical roles, which were vacant since the exits of Ajay Raghuvanshi and Tarun Jha from their respective roles in early 2023. The same was communicated to dealers in the last few days. … Continue reading Skoda Auto appoints Rajesh Bhaseen as head of sales and Rahul Pansare as new head of marketing

Maruti Suzuki sells 143,708 units in May, 65% jump in SUV-MPV sales helps buffer hatchback decline

India’s passenger vehicle market leader has announced wholesales of 143,708 units in May 2023, which marks a 15% year-on-year increase (May 2022: 124,474 units) and a 4.65% month-on-month increase (April 2023: 137,320 units). The first takeaway is that strong sales of its six-pack of SUVs have helped buffer the 30% YoY decline in sales of… Continue reading Maruti Suzuki sells 143,708 units in May, 65% jump in SUV-MPV sales helps buffer hatchback decline

Ather announces the 450S, a new variant based on its 450 platform

Electric scooter manufacturer Ather Energy has announced a new variant, the 450S, which will be powered by a 3 kWh battery pack and is expected to have an IDC (Indian Driving Conditions) range of 115 km and a top speed of 90 km/h. Its starting price is Rs 1,29,999 (exclusive of state subsidy), the press release… Continue reading Ather announces the 450S, a new variant based on its 450 platform