Hyundai Motor North America appoints Jim Park as Head of CV and H2 Business Development

Jim Park has taken up the role of the Senior Vice President, commercial vehicle and hydrogen business development, Hyundai Motor North America with effect from June 12. In this new role, Park will be responsible for Hyundai’s hydrogen initiatives in North America, which include commercial vehicle sales, infrastructure development, commercialisation of hydrogen, and related future… Continue reading Hyundai Motor North America appoints Jim Park as Head of CV and H2 Business Development

Skoda launches Kushaq Matte edition at Rs 16.19 lakh

Skoda India has introduced the Kushaq Matte edition, which has been positioned between the Style and Monte Carlo variants in the Kushaq line-up. Customers can book the Skoda Kushaq Matte edition with an option of either the entry-level 1.0-litre petrol engine or the more powerful 1.5-litre TSI unit. The Czech brand has said that it will… Continue reading Skoda launches Kushaq Matte edition at Rs 16.19 lakh

Audi India sales grow 97 percent in H1 2023; the company’s pre-owned car business has seen 53 percent growth

Audi, the German luxury car manufacturer, has retailed 3,474 units in the period January – June 2023 registering a growth of 97 percent compared to the same period last year. During the same period last year, Audi sold 1,765 units. The company has attributed the strong demand to growth in the luxury car segment, evolving demographics, and favourable economic conditions. … Continue reading Audi India sales grow 97 percent in H1 2023; the company’s pre-owned car business has seen 53 percent growth

Mahindra & Mahindra sells 32,588 units in June, over 100,000 in Q1 FY2024

Mahindra & Mahindra has today announced its domestic market passenger vehicle sales numbers for June 2023. At 32,588 units – 32,585 SUVs and 3 e-Veritos – last month’s wholesales are up 21% year on year (June 2022: 26,880 units). June was the fourth month in a row this year that sales have surpassed the 32,000-unit… Continue reading Mahindra & Mahindra sells 32,588 units in June, over 100,000 in Q1 FY2024

Tyre industry on a roll, driving towards doubling in size: CRISIL

The Indian tyre industry is on course to more than double its revenue to US$ 22 billion by fiscal 2032 from US$ 9 billion in fiscal 2022, according to a report by the Automotive Tyre Manufacturers’ Association (ATMA), based on a comprehensive study by CRISIL Market Intelligence and Analytics (MI&A) Consulting.  The primary drivers are… Continue reading Tyre industry on a roll, driving towards doubling in size: CRISIL

Tata Motors to take a marginal price hike on its passenger vehicles from July 17

Tata Motors, India’s leading vehicle manufacturer has announced that it will increase prices of its passenger vehicles (ICE and EVs), effective July 17, 2023, on an average of 0.6% across models and variants. The price increase is to offset the residual impact of the past input costs.  The company will offer price protection to bookings… Continue reading Tata Motors to take a marginal price hike on its passenger vehicles from July 17

Tata Motors to take a marginal price hike on its passenger vehicles from July 17

Tata Motors, India’s leading vehicle manufacturer has announced that it will increase prices of its passenger vehicles (ICE and EVs), effective July 17, 2023, on an average of 0.6% across models and variants. The price increase is to offset the residual impact of the past input costs.  The company will offer price protection to bookings… Continue reading Tata Motors to take a marginal price hike on its passenger vehicles from July 17

Tata Motors to take a marginal price hike on its passenger vehicles from July 17

Tata Motors, India’s leading vehicle manufacturer has announced that it will increase prices of its passenger vehicles (ICE and EVs), effective July 17, 2023, on an average of 0.6% across models and variants. The price increase is to offset the residual impact of the past input costs.  The company will offer price protection to bookings… Continue reading Tata Motors to take a marginal price hike on its passenger vehicles from July 17

TVS Motor’s total sales up 3% in June at 316,411 units

Chennai-based TVS Motor reported total sales growth of 3% increasing to 316,411 units in June 2023. The company sold 308,501 units in June 2022, as per a company press release.  TVS Motor’s total two-wheelers sales stood at 304,401 units last month, up 4%, as compared to 293,715 units in June 2022. Domestic two-wheeler registered growth of… Continue reading TVS Motor’s total sales up 3% in June at 316,411 units

TVS Motor’s total sales up 3% in June at 316,411 units

Chennai-based TVS Motor reported total sales growth of 3% increasing to 316,411 units in June 2023. The company sold 308,501 units in June 2022, as per a company press release.  TVS Motor’s total two-wheelers sales stood at 304,401 units last month, up 4%, as compared to 293,715 units in June 2022. Domestic two-wheeler registered growth of… Continue reading TVS Motor’s total sales up 3% in June at 316,411 units