Stellantis CEO abruptly steps down: Report 

Stellantis CEO Carlos Tavares suddenly resigned on Sunday, Reuters reported. The company said it would find a replacement CEO in the first half of next year.  Senior Independent Director Henri de Castries said in a statement that divergent views cropped up in recent weeks among major shareholders, the board and Tavares resulting in the CEO’s resignation,… Continue reading Stellantis CEO abruptly steps down: Report 

Hero MotoCorp reports sales of 4.60 lakh units in November 2024

Hero MotoCorp, a leading global manufacturer of motorcycles and scooters, reported sales of 459,805 units in November 2024. The company is focusing on expanding its premium and scooter portfolio with the introduction of new models in both internal combustion engine (ICE) and electric vehicle (EV) segments. It anticipates positive growth in the coming months, supported… Continue reading Hero MotoCorp reports sales of 4.60 lakh units in November 2024

SUN Mobility advances heavy electric vehicle adoption with modular battery swapping

SUN Mobility, a provider of energy infrastructure and services for electric vehicles (EVs), showcased its modular battery-swapping technology for heavy electric vehicles (HEVs) at an event in Chennai. The workshop was attended by over 100 private bus operators and operator associations from Tamil Nadu. During the event, SUN Mobility signed memorandums of understanding (MOUs) with… Continue reading SUN Mobility advances heavy electric vehicle adoption with modular battery swapping

Electric car and SUV sales up 14% in November to 8,600 units, Tata share falls to 50%, JSW MG rises to 36%

After a heady and festive month of October 2024, when the electric passenger vehicle industry achieved record monthly retail sales of 11,165 units (up 47% YoY), November 2024 sales at 8,596 units (up 14% YoY) appear rather tepid in comparison. Nevertheless, they are 40% better than the 17-month low of 6,148 units in September 2024… Continue reading Electric car and SUV sales up 14% in November to 8,600 units, Tata share falls to 50%, JSW MG rises to 36%

Electric car and SUV sales up 14% in November to 8,600 units, Tata share falls to 50%, JSW MG rises to 36%

After a heady and festive month of October 2024, when the electric passenger vehicle industry achieved record monthly retail sales of 11,165 units (up 47% YoY), November 2024 sales at 8,596 units (up 14% YoY) appear rather tepid in comparison. Nevertheless, they are 40% better than the 17-month low of 6,148 units in September 2024… Continue reading Electric car and SUV sales up 14% in November to 8,600 units, Tata share falls to 50%, JSW MG rises to 36%

Electric car and SUV sales up 14% in November to 8,600 units, Tata share falls to 50%, JSW MG rises to 36%

After a heady and festive month of October 2024, when the electric passenger vehicle industry achieved record monthly retail sales of 11,165 units (up 47% YoY), November 2024 sales at 8,596 units (up 14% YoY) appear rather tepid in comparison. Nevertheless, they are 40% better than the 17-month low of 6,148 units in September 2024… Continue reading Electric car and SUV sales up 14% in November to 8,600 units, Tata share falls to 50%, JSW MG rises to 36%

Tata Motors marks minor growth with 74,753 unit sales in November 2024

Tata Motors Limited registered total sales of 74,753 units in November 2024, compared to 74,172 units in November 2023. The company recorded a 1% year-on-year increase in total domestic sales, which amounted to 73,246 units in November 2024, up from 72,647 units during the same month in the previous year.  In terms of commercial vehicle… Continue reading Tata Motors marks minor growth with 74,753 unit sales in November 2024

Maruti Suzuki announces 10% sales growth in November 2024 with 181,531 units sold

In November 2024, Maruti Suzuki India Limited recorded total sales of 181,531 units, which included 144,238 units in domestic sales, 8,660 units sold to other OEMs, and 28,633 units in exports. In the mini segment, the company sold 9,750 units of the Alto and S-Presso models, compared to 9,959 units in November 2023. The compact… Continue reading Maruti Suzuki announces 10% sales growth in November 2024 with 181,531 units sold

Suzuki Motorcycle India reports 8% growth in November 2024, sells 94,370 units

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, has announced its sales figures for November 2024. The company achieved total sales of 94,370 units, marking an 8% growth compared to 87,096 units sold in November 2023. In the domestic market, SMIPL sold 78,333 units, reflecting a 7% increase from 73,135… Continue reading Suzuki Motorcycle India reports 8% growth in November 2024, sells 94,370 units

TVS Motor Company achieves 10% sales growth in November 2024

TVS Motor Company reported total sales of 401,250 units in November 2024, reflecting a 10% increase compared to 364,231 units in November 2023.   In the two-wheeler segment, sales grew by 12%, rising from 352,103 units in November 2023 to 392,473 units in November 2024. Domestic two-wheeler sales increased by 6%, reaching 305,323 units in… Continue reading TVS Motor Company achieves 10% sales growth in November 2024