India’s largest two-wheeler manufacturer, Hero MotoCorp has recorded 9 percent growth in the domestic market in May 2023, at 508,309 units. The company recorded 466,466 unit sales in the domestic market in the same month a year ago. “The momentum is expected to continue in the coming months, driven by an uptick in customer sentiments,… Continue reading Hero MotoCorp domestic sales up 9% at 508,309 units
Author: Autocar_Professional India Online News
FAME 2 impact: Electric two-wheeler startups to absorb majority of subsidy shock to maintain market position
Electric two-wheeler startups are deciding to absorb a majority of the subsidy shock in order to ensure that the penetration is not compromised. For instance, unlike other electric vehicle OEMs who have fully passed on the FAME 2 subsidy price increase, Ola Electric has decided to absorb close to Rs 17,000 for the long haul, based… Continue reading FAME 2 impact: Electric two-wheeler startups to absorb majority of subsidy shock to maintain market position
Swaraj launches ‘Target’ range of light tractors aimed at the growing horticulture segment
In a bid to participate in the fastest-growing horticulture space, Swaraj Tractors, the country’s second-largest tractor maker which is a part of the Mahindra Group, has launched a new range of 20-30 horsepower under the brand Target. The introduction of Target is part of a major product revamp at Swaraj, which is likely to witness… Continue reading Swaraj launches ‘Target’ range of light tractors aimed at the growing horticulture segment
JLR honours 16 companies in global supply chain with excellence awards
For the seventh year, JLR has celebrated the outstanding achievements of its global supply chain at the annual Supplier Excellence Awards. The winners were recognised for their extraordinary contribution to JLR’s business, cost transformation and operational delivery over the course of the last year. JLR celebrated the outstanding achievements of its global supply chain on Tuesday (May… Continue reading JLR honours 16 companies in global supply chain with excellence awards
Jaguar Land Rover unveils new logo as part of JLR rebrand
Jaguar Land Rover’s all-out reinvention gathers pace as it reveals the new logo for its new official name: JLR. It is a simple motif in line with the minimalist styling ethos of JLR’s products and dealerships, and is said to embody “elegance, modernity and the company’s forward-thinking essence”. It is the first time the company… Continue reading Jaguar Land Rover unveils new logo as part of JLR rebrand
Car and SUV wholesales clock 330,000 units for fifth consecutive month in May
Passenger vehicle wholesales are estimated to have crossed the 330,000-unit mark for the fourth month in a row in May 2023. As per the data released by nine PV manufacturers, a total of 321,608 units were despatched from factories to dealer showrooms last month. The cumulative wholesales of the remaining seven OEMs should add another… Continue reading Car and SUV wholesales clock 330,000 units for fifth consecutive month in May
Maruti Brezza breezes past 900,000 sales in 87 months, last 100,000 sold in just 8 months
Eight months after it surpassed the 800,000-unit sales milestone in the domestic market, the Maruti Brezza has breezed past the 900,000-unit mark. The game-changing compact SUV’s drive to 900,000 units has taken 87 months or a little over 7 years – from launch on March 8, 2016 through to early May 2023. In August 2022,… Continue reading Maruti Brezza breezes past 900,000 sales in 87 months, last 100,000 sold in just 8 months
Kia India sells 18,766 units in May, Sonet and Carens outsell Seltos
Kia India today reported domestic market sales of 18,766 units, which constitutes flat sales (May 2022: 18,718 units). Compared to April 2023’s 23,216 units, sales are down 19% month on month. The Sonet compact SUV with 8,251 units was the best-seller for the company and has outsold Kia’s longstanding best-seller, the midsize Seltos SUV for the fourth… Continue reading Kia India sells 18,766 units in May, Sonet and Carens outsell Seltos
Maruti Brezza breezes past 900,000 sales in 87 months, last 100,000 in just 8 months
Eight months after it surpassed the 800,000-unit sales milestone in the domestic market, the Maruti Brezza has breezed past the 900,000-unit mark. The game-changing compact SUV’s drive to 900,000 units has taken 87 months or a little over 7 years – from launch on March 8, 2016 through to early May 2023. In August 2022,… Continue reading Maruti Brezza breezes past 900,000 sales in 87 months, last 100,000 in just 8 months
Kia India sells 18,766 units in May, Sonet and Carens outsell Seltos
Kia India today reported domestic market sales of 18,766 units, which constitutes flat sales (May 2022: 18,718 units). Compared to April 2023’s 23,216 units, sales are down 19% month on month. The Sonet compact SUV with 8,251 units was the best-seller for the company and has outsold Kia’s longstanding best-seller, the midsize Seltos SUV for the fourth… Continue reading Kia India sells 18,766 units in May, Sonet and Carens outsell Seltos