TVS Motor sales drops 4% at 242,012 units in December

Total two-wheelers sales declined at 3.3 percent to 227,666 units last month, as against sales of 235,392 units in December 2021. TVS Motor Company on Monday reported a 3.58 percent drop in total sales at 242,012 units in December. The company had posted total sales of 250,993 units in the same month last year, TVS… Continue reading TVS Motor sales drops 4% at 242,012 units in December

Bharat Forge subsidiary enters into BTA with Indo Shell Mould

JS Auto Cast Foundry India, a step-down subsidiary of Pune based leading forging company Bharat Forge, on Monday announced that it has entered into Business Transfer Agreement (BTA) with Indo Shell Mould (ISML) for acquiring their SEZ Unit in SIPCOT, Erode. “The SEZ Unit with a capacity of 42,000 MTPA, supplies fully machined critical castings… Continue reading Bharat Forge subsidiary enters into BTA with Indo Shell Mould

Kia India reports best-ever sales in CY2022 at 3,36,619 units

Kia India reported its best-ever cumulative sales of 3,36,619 units in CY2022, registering a growth of 47.7 percent over a year ago. The company’s domestic dispatches stood at 2,54,556 units, reporting 40 percent  year-on-year (YOY) growth. Export dispatches stood at 82,063 units in CY2022. Since its inception in August 2019, the company has achieved a… Continue reading Kia India reports best-ever sales in CY2022 at 3,36,619 units

Audi India retail sales up 27% at 4,187 units in CY2022

German luxury carmaker Audi announced a 27 percent growth in retail sales at 4,187 units compared to last year. According to the company, the uptick was propelled by the three popular launches: the Audi Q7, Audi A8 L and Audi Q3. The Audi A4, Audi A6, Audi Q5, Audi Q8, Audi e-tron and Audi e-tron… Continue reading Audi India retail sales up 27% at 4,187 units in CY2022

Hyundai India clocks best-ever annual sales in 2022: 552,511 units, up 9%

Hyundai Motor India has entered 2023 on a strong note, having closed calendar year 2022 with its best-ever domestic market annual sales since began manufacturing operations 25 years ago in September 1998. With cumulative wholesales of 552,511 units in the January-December 2022 period, the Chennai-based carmaker has recorded 9.4% year-on-year growth. The monthly sales average… Continue reading Hyundai India clocks best-ever annual sales in 2022: 552,511 units, up 9%

Hyundai Motor Group produces record 1.04m PVs in India, sole OEM after Suzuki to surpass million units in a year

Hyundai Motor Group produces record 1.04m PVs in India, sole OEM after Suzuki to surpass million units in a year Close on the heels of grabbing the tag of the world’s third largest carmaker, Hyundai Motor Corporation (HMC) has achieved a significant milestone of producing over a million units annually in India, one of its… Continue reading Hyundai Motor Group produces record 1.04m PVs in India, sole OEM after Suzuki to surpass million units in a year

Hyundai India elevates Tarun Garg as COO

New Delhi: Hyundai Motor India, India’s second largest carmaker on Monday elevated Tarun Garg as Chief Operating Officer (COO) overseeing Sales, Marketing, Service & Product Strategy, effective from January 01, 2023. Earlier, Garg was handling the charge of Director of Sales, Marketing & Service. Additionally, the company has promoted Gopala Krishnan CS as Chief Manufacturing… Continue reading Hyundai India elevates Tarun Garg as COO

Ather Energy records best-ever sales in December and 59,123 units in CY2022

Smart electric scooter manufacturer Ather Energy has recorded its best-ever monthly sales in December 2022. Last month’s 9,187 units, which are a 389% year-on-year growth albeit on a low base, betters the company’s previous monthly best of 8,213 units in October 2022. Cumulative 12-month wholesales in calendar year 2022 for Ather Energy are 59,123 units.… Continue reading Ather Energy records best-ever sales in December and 59,123 units in CY2022

Ather Energy records best-ever sales in December and 59,123 units in CY2022

Smart electric scooter manufacturer Ather Energy has recorded its best-ever monthly sales in December 2022. Last month’s 9,187 units, which are a 389% year-on-year growth albeit on a low base, betters the company’s previous monthly best of 8,213 units in October 2022. Cumulative 12-month wholesales in calendar year 2022 for Ather Energy are 59,123 units.… Continue reading Ather Energy records best-ever sales in December and 59,123 units in CY2022

Toyota Kirloskar Motor’s sales hit decadal high in 2022

Toyota Kirloskar Motor has reported its total wholesales for calendar year 2022 at 160,357 units. This is the company’s highest-ever wholesales in the past 10 years and a 23% year-on-year growth (CY2021: 130,768 units). The best ever wholesales earlier clocked by TKM was in 2012 with a total of 172,241 units. In December 2022, TKM… Continue reading Toyota Kirloskar Motor’s sales hit decadal high in 2022