Bajaj Auto today reported a 24% on-year growth in its total sales during February, primarily driven by strong double-digit improvement in domestic two-wheeler despatches. The Pune-based automaker sold a total of 346,662 vehicles in the month, versus 280,226 vehicles in the year-ago period. Total two-wheeler sales rose 25% on year to 294,684 units, while commercial… Continue reading Bajaj Auto’s February sales grow 24% YoY; Domestic two-wheeler sales up 45%
Category: US Motoring Press
Bajaj Auto’s February sales grow 24% YoY; Domestic two-wheeler sales up 45%
Bajaj Auto today reported a 24% on-year growth in its total sales during February, primarily driven by strong double-digit improvement in domestic two-wheeler despatches. The Pune-based automaker sold a total of 346,662 vehicles in the month, versus 280,226 vehicles in the year-ago period. Total two-wheeler sales rose 25% on year to 294,684 units, while commercial… Continue reading Bajaj Auto’s February sales grow 24% YoY; Domestic two-wheeler sales up 45%
Toyota Kirloskar Motor sells 23,300 passenger vehicles in February, up 52% YoY
Toyota Kirloskar Motor has reported record monthly wholesales of 23,300 passenger vehicles in February 2024, which constitutes strong 52% year-on-year growth (February 2023: 15,323 units). This is 103 additional units over January 2024’s 23,197 units and is the best monthly performance in the fiscal year to date. Combined with exports of 1,920 units, February 2024’s… Continue reading Toyota Kirloskar Motor sells 23,300 passenger vehicles in February, up 52% YoY
MG Motor India sells 4,532 units in February 2024, EVs contribute 33% of total sales
MG Motor India today announced its retail sales numbers for February 2024, totalling 4,532 units. The company registered a growth of 18% over the previous month, January 2024, with 3,825 units sold in that month. Electric vehicles (EVs) continue to contribute a significant share of the carmaker’s overall vehicle sales, accounting for approximately 33% of… Continue reading MG Motor India sells 4,532 units in February 2024, EVs contribute 33% of total sales
Norma Group wins big cooling systems order from Indian electric SUV maker
Germany’s Norma Group has announced that it is bagged a major order from an Indian electric SUV manufacturer. The leading supplier though has not revealed the OEM, likely due to an NDA between the two companies. According to Norma Group, which manufactures innovative clamps, connectors and fluid systems, “Within the customer’s all-electric SUV fleet, Norma… Continue reading Norma Group wins big cooling systems order from Indian electric SUV maker
Norma Group wins big cooling systems order from Indian electric SUV maker
Germany’s Norma Group has announced that it is bagged a major order from an Indian electric SUV manufacturer. The leading supplier though has not revealed the OEM, likely due to an NDA between the two companies. According to Norma Group, which manufactures innovative clamps, connectors and fluid systems, “Within the customer’s all-electric SUV fleet, Norma… Continue reading Norma Group wins big cooling systems order from Indian electric SUV maker
Norma Group wins big cooling systems order from Indian electric SUV maker
Germany’s Norma Group has announced that it is bagged a major order from an Indian electric SUV manufacturer. The leading supplier though has not revealed the OEM, likely due to an NDA between the two companies. According to Norma Group, which manufactures innovative clamps, connectors and fluid systems, “Within the customer’s all-electric SUV fleet, Norma… Continue reading Norma Group wins big cooling systems order from Indian electric SUV maker
Electric two-wheeler sales exceed 800,000 units in first 11 months of FY2024
The year 2024 is a leap year and at the end of leap-year day on February 29, 2024 cumulative retail sales of electric two-wheelers for the first 11 months of the fiscal year 2024 had surpassed a record 800,000 units. At 806,753 units, sales have leaped by 26% (April 2022-February 2023: 641,893 units), and have… Continue reading Electric two-wheeler sales exceed 800,000 units in first 11 months of FY2024
Electric two-wheeler sales exceed 800,000 units in first 11 months of FY2024
The year 2024 is a leap year and at the end of leap-year day on February 29, 2024 cumulative retail sales of electric two-wheelers for the first 11 months of the fiscal year 2024 had surpassed a record 800,000 units. At 806,753 units, sales have leaped by 26% (April 2022-February 2023: 641,893 units), and have… Continue reading Electric two-wheeler sales exceed 800,000 units in first 11 months of FY2024
Auto Insurance Spike Hampers the Inflation Fight
Job growth, wage growth and business growth are all lively, and inflation has steeply fallen from its 2022 highs. But consumer sentiment, while improving, is still sour. One reason may be sticker shock from some highly visible prices — even as overall inflation has calmed. The cost of car insurance is a key example. Motor… Continue reading Auto Insurance Spike Hampers the Inflation Fight