Homegrown two- and three-wheeler company Bajaj Auto reported a 21 percent YoY decline in total sales of 2,85,995 units in January 2023 due to muted sales export performance. The company had posted 3,63,443 units of total sales in January 2022, Bajaj Auto said in a release. However, the Pune-based OEM registered a 16 percent growth… Continue reading Bajaj Auto sales down 21% in Jan at 2,85,995 units
Author: Autocar_Professional India Online News
Ather Energy plugs into 2023 with best-ever monthly sales of 12,149 e-scooters
Bengaluru-based smart electric scooter manufacturer Ather Energy has started CY2023 on a strong note. The EV start-up has registered its best-ever monthly sales of 12,149 units, barely a month after it had notched its previous best – 9,187 units in December 2022. Given the overall momentum of the electric two-wheeler industry, which saw overall sales… Continue reading Ather Energy plugs into 2023 with best-ever monthly sales of 12,149 e-scooters
Ather Energy plugs into 2023 with best-ever monthly sales of 12,149 e-scooters
Bengaluru-based smart electric scooter manufacturer Ather Energy has started CY2023 on a strong note. The EV start-up has registered its best-ever monthly sales of 12,149 units, barely a month after it had notched its previous best – 9,187 units in December 2022. Given the overall momentum of the electric two-wheeler industry, which saw overall sales… Continue reading Ather Energy plugs into 2023 with best-ever monthly sales of 12,149 e-scooters
It’s not all over yet for ICE component makers: Mahle
As the world quickly transitions to the zero-emission mobility space, the global automotive component maker, Germany-based Mahle is banking on India to serve the global internal combustion engine markets in the coming decade and a half as a key production hub. Martin Wellhoffer, Mahle’s corporate executive vice president of sales, told Autocar Professional, his company’s… Continue reading It’s not all over yet for ICE component makers: Mahle
Sundram Fasteners reports Rs 106.13 crore profit in Q3
Sundram Fasteners (SFL) reported a net profit of Rs 106.13 crore for the quarter ended December 31, 2022 as against net profit of Rs. 103.34 Crores during the same period in the previous year. Revenue from operations stood at Rs. 1,226.87 crores for the quarter ended December 31, 2022 as against Rs. 1,024.25 crores during the… Continue reading Sundram Fasteners reports Rs 106.13 crore profit in Q3
TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024
TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024 In sync with the growing demand for electric scooters in India, TVS Motor Co is witnessing strong customer response to its sole EV in the market – the iQube. In the ongoing fiscal’s first three quarters, which saw total… Continue reading TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024
TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024
TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024 In sync with the growing demand for electric scooters in India, TVS Motor Co is witnessing strong customer response to its sole EV in the market – the iQube. In the ongoing fiscal’s first three quarters, which saw total… Continue reading TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024
Growth-oriented Budget to be demand accelerator for India Auto Inc
The Union Budget 2023-24, which was presented by Finance Minister Nirmala Sitharaman in the Parliament on February 1, comes out as a growth-oriented plan with emphasis on measures to stimulate demand as well as positively impact the supply chain to sustain momentum in the Indian economy. The government maintained its focus to strengthen infrastructure development… Continue reading Growth-oriented Budget to be demand accelerator for India Auto Inc
India’s Top 6 carmakers start 2023 with strong sales in January
India’s passenger vehicle industry exited CY2022 on a very strong note – over 3.8 million units and 24% year-on-year growth. Now, the top six players, some of whom recorded their best-ever annual sales last year, are maintaining their ‘run rate’ in CY2023. The top six players – Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra… Continue reading India’s Top 6 carmakers start 2023 with strong sales in January
India’s Top 6 carmakers begin 2023 with strong sales in January
India’s passenger vehicle industry exited CY2022 on a very strong note – over 3.8 million units and 24% year-on-year growth. Now, the top six players, some of whom recorded their best-ever annual sales last year, are maintaining their ‘run rate’ in CY2023. The top six players – Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra… Continue reading India’s Top 6 carmakers begin 2023 with strong sales in January