While the company recorded 9% growth in the domestic market with 4,62,747 units, the exports grew by 29% to 30,137 units in October 2023. Honda Motorcycle and Scooter India (HMSI) Wednesday announced its sales numbers for October 2023. Registering a growth of 10% over October 2022, HIMSI sold a total of 4,92,884 units in the… Continue reading HMSI domestic sales up 9% to 4,62,747 units in October 2023
Category: US Motoring Press
HMSI domestic sales up 9% to 4,62,747 units in October 2023
While the company recorded 9% growth in the domestic market with 4,62,747 units, the exports grew by 29% to 30,137 units in October 2023. Honda Motorcycle and Scooter India (HMSI) Wednesday announced its sales numbers for October 2023. Registering a growth of 10% over October 2022, HIMSI sold a total of 4,92,884 units in the… Continue reading HMSI domestic sales up 9% to 4,62,747 units in October 2023
‘Hit from Back’ accidents account for 19.5% of road accident fatalities, Govt report reveals
The Ministry of Road Transport and Highways, in its latest report on road accidents, has revealed that the highest number of accidents resulting in fatalities were caused by the ‘Hit from Back’ category, accounting for 19.5 percent of all accident-related deaths. This was closely followed by ‘Hit and Run’ accidents, which accounted for 18.1 percent… Continue reading ‘Hit from Back’ accidents account for 19.5% of road accident fatalities, Govt report reveals
‘Hit from Back’ accidents account for 19.5% of road accident fatalities, Govt report reveals
The Ministry of Road Transport and Highways, in its latest report on road accidents, has revealed that the highest number of accidents resulting in fatalities were caused by the ‘Hit from Back’ category, accounting for 19.5 percent of all accident-related deaths. This was closely followed by ‘Hit and Run’ accidents, which accounted for 18.1 percent… Continue reading ‘Hit from Back’ accidents account for 19.5% of road accident fatalities, Govt report reveals
JK Tyres reports multifold jump in its consolidated net profit to Rs 249 crore during Q2FY24
JK Tyre & Industries on Wednesday reported a multifold jump in its consolidated net profit of Rs 248.62 crore during Q2 FY24, as against Rs 49.61 crore in Q2 FY23. The company’s revenues from operations stood 4% higher at Rs 3905.32 crore during Q2 FY24 as against Rs 3,764.34 crore. Dr. Raghupati Singhania, Chairman and… Continue reading JK Tyres reports multifold jump in its consolidated net profit to Rs 249 crore during Q2FY24
Tata Motors clocks best-ever monthly sales in festive October: 48,637 units
Tata Motors is back in the black in October 2023, after having seen two consecutive months of sales decline in August and September. The company dispatched a total of 48,637 units last month, which constitutes 7% YoY growth (October 2022: 45,423 units). As per Autocar Professional data analytics, October 2023 wholesales are estimated to be… Continue reading Tata Motors clocks best-ever monthly sales in festive October: 48,637 units
One person died every three minutes in road accidents in 2022
At least one Indian died every three minutes in the country, with road accidents claiming 1,55,781 lives and causing injuries to 4,43,366 people during the calendar year 2022, latest data released by MoRTH reveals. This indicates the severity and impact of these incidents on the country’s population, the Ministry of Road Transport and Highways revealed. Comparing the… Continue reading One person died every three minutes in road accidents in 2022
Ashok Leyland reports 14% surge YoY in domestic wholesales in October 2023
Ashok Leyland, a flagship company of the Hinduja Group and a commercial vehicles manufacturer, announced on Wednesday that total domestic wholesales for its commercial vehicles in October 2023 stood at 15,759 units, an increase of 14% in comparison to 13,860 units during the corresponding month of the previous year. The M&HCV segment grew by 15% to… Continue reading Ashok Leyland reports 14% surge YoY in domestic wholesales in October 2023
Ashok Leyland reports 14% surge YoY in domestic wholesales in October 2023
Ashok Leyland, a flagship company of the Hinduja Group and a commercial vehicles manufacturer, announced on Wednesday that total domestic wholesales for its commercial vehicles in October 2023 stood at 15,759 units, an increase of 14% in comparison to 13,860 units during the corresponding month of the previous year. The M&HCV segment grew by 15% to… Continue reading Ashok Leyland reports 14% surge YoY in domestic wholesales in October 2023
MAHLE India inaugurates new R&D facility for electrification in Coimbatore
MAHLE Electric Drives India (MEDI) has inaugurated a state-of-the-art Research and Development Testing Centre at its manufacturing plant in Coimbatore/Tamil Nadu. The new facility is set to make a vital contribution to the “Make In India” drive of the government of India and to the company’s MAHLE 2030+ strategy, where electrification is key, noted the… Continue reading MAHLE India inaugurates new R&D facility for electrification in Coimbatore