India’s largest passenger car maker Maruti Suzuki India Ltd is set to clock a new record in its October retail sales this time, on the back of robust demand in the peak festival season. Unlike previous years, this year, Navratri, Dhanteras and Diwali, all fall in a single month. “This month, we are going deliver at… Continue reading Maruti Suzuki to clock highest-ever October retail sales with over 2 lakh units
Author: Autocar_Professional India Online News
Weakness in sub-Rs 10 lakh market a cause of worry, says Maruti Suzuki’s Bhargava
RC Bhargava, the chairman of India’s largest passenger car maker Maruti Suzuki India, today expressed concern over the degrowth in sales in the sub-Rs 10 lakh car segment, and said it is a cause of worry for the passenger vehicle industry. “The market under Rs 10 lakh is not growing. In fact, it is declining and… Continue reading Weakness in sub-Rs 10 lakh market a cause of worry, says Maruti Suzuki’s Bhargava
Maruti Suzuki results: Analysts anticipate continued weakness
The shares of Maruti Suzuki, India’s leading passenger car manufacturer, experienced significant volatility, reaching an eight-month low with the stock falling to an intraday low of Rs 10,782.00 per share, representing a decline of 6.11% due to a notable 17.4% reduction in profits. By the end of the trading day, Maruti Suzuki’s shares rebounded slightly,… Continue reading Maruti Suzuki results: Analysts anticipate continued weakness
Renault India celebrates Dhanteras with 100 vehicle deliveries in Raipur
Renault India achieved a notable milestone by delivering 100 cars in a single day on the occasion of Dhanteras. The Mahadeva Group Dealer in Raipur, Chhattisgarh, hosted a delivery event that saw significant customer participation, supported by the efforts of Renault India’s team and dealer partner. Among the delivered vehicles, 52 were the Renault Triber,… Continue reading Renault India celebrates Dhanteras with 100 vehicle deliveries in Raipur
‘Price, performance, reliability are our promises to customers’: Matter’s Mohal Lalbhai
Ahmedabad, Gujarat-based Matter, which is an emerging name in India’s electric mobility space, has recently introduced its first offering – Matter Aera – country’s first all-electric motorcycle with a gearbox. The Aera is available in two variants, with prices starting at Rs 1.74 lakh, ex-showroom, for the base Aera 5000, while the top-spec Aera 5000(+)… Continue reading ‘Price, performance, reliability are our promises to customers’: Matter’s Mohal Lalbhai
ASK Automotive net profit up by 63% in Q2 FY25
ASK Automotive Ltd, a brake shoe manufacturer for two-wheelers, reported a net profit of ₹67 crore for the quarter ended September 30, 2024, marking a 63% increase from the same period last year. The company’s consolidated revenue rose by 22% year-on-year to ₹976 crores. Its Earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 50%… Continue reading ASK Automotive net profit up by 63% in Q2 FY25
Festival season has been good, see 14% YoY growth in retail sales: Maruti Suzuki Chairman
Underlining the robust consumer sentiments in the automobile market, India’s largest passenger car maker Maruti Suzuki said retail sales of passenger vehicles have been pretty good during the festival season. The automaker estimates its retail sales to grow 14% in the peak festival period on a year-on-year basis. “Festival season has been pretty good. We… Continue reading Festival season has been good, see 14% YoY growth in retail sales: Maruti Suzuki Chairman
Jawa Yezdi Motorcycles partners with DUPR India masters to Foster Pickleball Community
Jawa Yezdi Motorcycles has announced its partnership with the DUPR India Masters Pickleball Tournament, a key event in Delhi’s sporting calendar and an important stop on the Pickleball World Rankings. Similar to motorcycling, which fosters connections among riders through a shared interest in community and adventure, pickleball brings together players of varying ages and skill… Continue reading Jawa Yezdi Motorcycles partners with DUPR India masters to Foster Pickleball Community
Toyota Kirloskar Expands Hygiene Programme to 400 more schools in Raichur
Toyota Kirloskar Motor announced the expansion of its ‘A Behavioural Change Demonstration’ (ABCD) programme to 400 additional government schools in Karnataka’s Raichur district for FY25 and FY26. Building on the programme’s success across 100 schools in the past two years, which impacted over 26,000 students, the expanded initiative aims to reach more than 68,000 students… Continue reading Toyota Kirloskar Expands Hygiene Programme to 400 more schools in Raichur
JSW MG Motor India celebrates festive season with over 100 EV deliveries in Delhi-NCR
JSW MG Motor India announced the delivery of over 100 electric vehicles (EVs) in a single day across the Delhi-NCR region. The company promotes adoption of electric vehicles by delivering units of the MG Windsor, the MG ZS EV, and the MG Comet. This delivery reflects the increasing interest among car buyers in MG’s electric… Continue reading JSW MG Motor India celebrates festive season with over 100 EV deliveries in Delhi-NCR