Hero Moto Corp domestic sales up, drop in exports

For the month of August Hero Moto Corp has reported its domestic sales have increased by 4.55 percent. The company sold 4,50,740 units in August 2022, up from 4,31,137 units in August 2021. Sales of motorcycles increased last month to 4,30,799 units from 4,20,609 units the year before, while sales of scooters decreased to 31,809… Continue reading Hero Moto Corp domestic sales up, drop in exports

Royal Enfield’s sales up 61% in August to 62,236 units

Recently launched Hunter 350 seeing strong market demand and was a key contributor to sales in August 2022. Royal Enfield cumulative domestic and export sales for August 2022 surpassed the 70,000 units mark to touch 70,122 units, up by 53% from 45,860 units in August 2021. This smart increase has come on the back of… Continue reading Royal Enfield’s sales up 61% in August to 62,236 units

Kia sells 239,887 units globally in August, India has 9% share, 33% of Seltos demand

The Seltos is Kia’s second-best-seller globally after the Sportage. Of the 39,281 Seltos SUVs sold in August, India accounted for 8,652 units or 33% of global sales of the Seltos. Kia has recorded total global sales of 239,887 units in August 2022, a 10.4 percent increase year-on-year (August 2021: 217,226). Kia India is now a… Continue reading Kia sells 239,887 units globally in August, India has 9% share, 33% of Seltos demand

Cityflo plans to upsize its fleet to 1,500 buses by FY23

White-collared professionals in Mumbai who are familiar with Cityflo, a Lightbox Ventures and India Quotient-funded premium bus services will soon be able to enjoy more services as the company has plans to significantly expand its operations in the financial capital of India as well in Delhi. The operator has plans to expand its fleet size… Continue reading Cityflo plans to upsize its fleet to 1,500 buses by FY23

CV upholds the uptrend in August ’22

Tata Motors, in its domestic CV segment recorded a total of 29,313 unit sales in August 2022. This figure represents 12 percent growth over August last year when it sold 26,172 units. According to the company, within the commercial vehicle segment, it notched sales of 8,727 units in August 2022 for MHCV category — a… Continue reading CV upholds the uptrend in August ’22

It’s an August month as carmakers rev up despatches for festive season

As expected, August 2022 has turned out to be quite an august month for the passenger vehicle industry in India. As per the wholesale numbers announced by 10 of the 16 PV manufacturers in the fray, a total of 317,072 units constitutes 29% year-on-year growth (August 2021: 246,504). Of these 10, three OEMs – Honda… Continue reading It’s an August month as carmakers rev up despatches for festive season

New Panamera and Taycan to lead Porsche’s EV future

Codenamed K1 (see right), it’s scheduled for production at Porsche’s Leipzig factory in Germany. That’s also the site that Porsche sources tip to receive the contract to produce the Panamera EV. The upmarket electric liftback is set to offer the choice of either a single or dual-motor drivetrain. It will also gain a further-developed 800V… Continue reading New Panamera and Taycan to lead Porsche’s EV future

Vinfast CEO’s 10-year plan to make it a global EV leader

Currently reading: Vinfast CEO’s 10-year plan to make it a global EV leader Founded in 2017, Vinfast has already enjoyed huge success at home in Vietnam, and now it aims to go global Open gallery Close News 6 mins read 2 September 2022 Access to this content requires a subscription to Autocar Business The Knowledge.… Continue reading Vinfast CEO’s 10-year plan to make it a global EV leader