Car and SUV sales rev past 300,000 units for sixth straight month in November

There’s no stopping the Indian passenger vehicle juggernaut. With 10 out of 16 OEMs announcing their November wholesales, which add up to 310,580 units (up 32%), this is the sixth month in a row that numbers have driven past the 300,000-unit count. Once SIAM officially releases the PV industry data later this month, it is… Continue reading Car and SUV sales rev past 300,000 units for sixth straight month in November

Mahindra & Mahindra sells 229,516 SUVs in April-November, drives past FY2022 total

Mahindra & Mahindra sells 229,516 SUVs in April-November, drives past FY2022 total Mahindra & Mahindra, which is among the OEMs making a speedy ride on the surging wave of demand for SUVs in India, has reported sale of 30,238 SUVs in November 2022, up 56% (November 2021: 19,384). The company also sold 154 e-Veritos, which… Continue reading Mahindra & Mahindra sells 229,516 SUVs in April-November, drives past FY2022 total

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27 The pre-owned car market in India, which has historically outpaced the new car market, is expected to grow even more over the next five years as a result of low car penetration, the move to digital, new car launches, shortening… Continue reading India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27 The pre-owned car market in India, which has historically outpaced the new car market, is expected to grow even more over the next five years as a result of low car penetration, the move to digital, new car launches, shortening… Continue reading India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27 The pre-owned car market in India, which has historically outpaced the new car market, is expected to grow even more over the next five years as a result of low car penetration, the move to digital, new car launches, shortening… Continue reading India’s pre-owned car market to surge 2.5 times in value at Rs 44 trillion by FY27

Maruti Suzuki sales cross a million units in first eight months of FY2023

With India’s passenger vehicle market firing on all cylinders, it’s not surprising that the market leader is also making the most of the positive market sentiment. The company has reported wholesales of 132,395 units in November 2022, which is a 21% year-on-year increase (November 2021: 109,726). For the April-November 2022 period, cumulative sales have crossed… Continue reading Maruti Suzuki sales cross a million units in first eight months of FY2023

CEAT unveils the CrossDrive, its latest all-terrain tyre range for large SUVs in India

CEAT unveils the CrossDrive, its latest all-terrain tyre range for large SUVs in India Tyre maker CEAT has unveiled its latest product, the CrossDrive. This latest offering is the result of an extensive research and development programme, the company has said. The CrossDrive, has been designed to be the most capable large sized off-road tyre.… Continue reading CEAT unveils the CrossDrive, its latest all-terrain tyre range for large SUVs in India

Tata Motors’ November sales rise 55%, 8-month numbers already 97% of record FY2022

Tata Motors’ November sales rise 55%, 8-month numbers already 97% of record FY2022 Tata Motors, which continues to record strong double-digit growth in its domestic market passenger vehicle operations, has reported sale of 46,037 units in November 2022. This constitutes 55% year-on-year growth and is 16,259 units more than 29,778 units the carmaker had sold… Continue reading Tata Motors’ November sales rise 55%, 8-month numbers already 97% of record FY2022

Hyundai India sales up 30% in November, cross half-a-million units in first 11 months of 2022

Hyundai India sales up 30% in November, cross half-a-million units in first 11 months of 2022 Hyundai Motor India has reported domestic market sales of 48,003 units in November 2022. This constitutes year-on-year growth of 30% (November 2021: 37,001 units). Cumulative sales for the first eight months of FY2023 at 381,009 units are a 20.37%… Continue reading Hyundai India sales up 30% in November, cross half-a-million units in first 11 months of 2022

Nissan India registers sales of 2,400 units in November

Nissan Motor India has reported domestic market wholesales of 2,400 units in November 2022, down 9.46% on year-ago sales (November 2021: 2,651 units). Cumulative numbers for the April-November 2022 period are 23,344 units, which is down 6.45% YoY (April-November 2021: 24,955 units). Rakesh Srivastava, Managing Director, Nissan Motor India, commented, “Booking fulfilments have continued into November… Continue reading Nissan India registers sales of 2,400 units in November