Indian passenger vehicle market posts 26.7% growth to 3.88 million units, market growth to slip to 5-7% in FY24 The Indian passenger vehicle (PV) market has ended an impressive financial year FY23 with annual sales of 3.89 million units, posting a year-on-year growth of 26.7 percent (FY22: 3.07 million) – the highest-ever annual growth in… Continue reading Indian passenger vehicle market posts 26.7% growth to 3.88 million units, market growth to slip to 5-7% in FY24
Category: US Motoring Press
TVS Motor Company’s March 2023 sales register 3% growth; 22% growth in domestic sales
TVS Motor Company’s March 2023 sales register 3% growth; 22% growth in domestic sales TVS Motor Company registered a growth of 3 percent with sales increasing from 307,954 units in the month of March 2022 to 317,152 units in March 2023. Two-Wheeler Total two-wheelers registered a growth of 5 percent with sales increasing from 292,918 units… Continue reading TVS Motor Company’s March 2023 sales register 3% growth; 22% growth in domestic sales
Maruti Suzuki sells 1.6m PVs in FY2023, UVs record 26% growth, grow share to 23%
Maruti Suzuki India, the country’s passenger vehicle market leader, has reported total sales of 16,06,870 units or 1.6 million units, which marks a 21% year-on-year increase (FY2022: 13,31,558). The company would have logged additional sales if it weren’t for production being intermittently disrupted during the fiscal due to supply chain issues specific to electronic components.… Continue reading Maruti Suzuki sells 1.6m PVs in FY2023, UVs record 26% growth, grow share to 23%
Ather Energy sells 11,754 units in March ’23, registers 353% YoY growth
Bengaluru-based smart electric scooter manufacturer Ather Energy sold 11,754 units in March ’23, registering a 353 percent year-on-year growth. It retailed 82,146 units in FY’23. The company has expanded its retail footprint from 30 stores to 116 currently. For faster adoption of EVs, Ather set up an additional 911 public fast-charging points in FY23 and now has… Continue reading Ather Energy sells 11,754 units in March ’23, registers 353% YoY growth
Ather Energy sells 11,754 units in March ’23, registers 353% YoY growth
Bengaluru-based smart electric scooter manufacturer Ather Energy sold 11,754 units in March ’23, registering a 353 percent year-on-year growth. It retailed 82,146 units in FY’23. The company has expanded its retail footprint from 30 stores to 116 currently. For faster adoption of EVs, Ather set up an additional 911 public fast-charging points in FY23 and now has… Continue reading Ather Energy sells 11,754 units in March ’23, registers 353% YoY growth
Ampere Electric two-wheeler registers over 1 lakh retail sales in FY23
In addition to the diverse product range, the company’s extensive pan-India dealer network across Tier 1 to Tier 4 markets has played a pivotal role in its exponential growth in the electric vehicle segment. Greaves Electric Mobility (GEMPL), the e-mobility business of Greaves Cotton, has achieved over 1 lakh retail sales of its brand Ampere… Continue reading Ampere Electric two-wheeler registers over 1 lakh retail sales in FY23
Kia India FY2023 sales grow 44%, cumulative numbers 3,394 units shy of 700,000
Kia India has recorded its best-ever fiscal with total sales of 269,229 units in FY2023, which constitutes 44% year-on-year growth (FY2022: 186,787 units). In the process, the company, which retails five products – three SUVs (Seltos, Sonet, EV6) and two MPVs (Carens and Carnival), taken its cumulative four-fiscal total to 696,606 units – just 3,394… Continue reading Kia India FY2023 sales grow 44%, cumulative numbers 3,394 units shy of 700,000
MG Motor India sales rise 21% in FY2023 to 48,866 units
MG Motor India has opened FY2024 on a good note by announcing its best-ever retail sales of 6,051 units in March 2023, a growth of 28% over the same month last year (March 2022: 4,721 units). As per the company, the strengthening of semiconductor supplies through a number of localisation initiatives and the easing of… Continue reading MG Motor India sales rise 21% in FY2023 to 48,866 units
MoRTH to kick off used vehicle dealer authorisation process
The Ministry of Road Transport and Highways (MoRTH), which, in December 2022, had executed an amendment to the Central Motor Vehicle Rules (CMVR), to regularise used vehicle dealers in the market by mandating them to get an authorisation certificate from their respective RTOs under whose jurisdiction their business lies, is set to kick off the… Continue reading MoRTH to kick off used vehicle dealer authorisation process
GM to phase out Apple CarPlay, Android technologies in future EVs
General Motors said Friday its future electric vehicles will not offer Apple CarPlay and Android Auto. The technologies, which are on GM’s vehicles now, allow drivers to bypass the infotainment system to view their smartphone screens on the instrument panel’s display. GM said it will gradually shift to built-in infotainment systems that use Google’s Android… Continue reading GM to phase out Apple CarPlay, Android technologies in future EVs