Suzuki Motorcycle India recorded 22% on-year growth in its December wholesales with a robust uptick in both domestic and export demand. The Indian two-wheeler unit of Japanese automaker Suzuki Motor Corp dispatched a total of 96,804 motorcycles and scooters during the month, compared with 79,483 units sold in December 2023. Domestic sales in December rose… Continue reading Suzuki Motorcycle India sales up 22% YoY in December
Category: US Motoring Press
Electric 3W industry scales new high in CY2024: 691,000 units, Mahindra and Bajaj Auto shine
CY2024 has come and gone and the electric three-wheeler industry, the second largest in volumes after e-two-wheelers, has displayed the strongest growth trajectory. At 691,011 units retail sales, year-on-year growth was 18% (CY2023: 583,597 units) and accounted for a commanding 56% share of the total 12,20,925 three-wheelers sold in India last year. This segment is… Continue reading Electric 3W industry scales new high in CY2024: 691,000 units, Mahindra and Bajaj Auto shine
Electric 3W industry scales new high in CY2024: 691,000 units, Mahindra and Bajaj Auto shine
CY2024 has come and gone and the electric three-wheeler industry, the second largest in volumes after e-two-wheelers, has displayed the strongest growth trajectory. At 691,011 units retail sales, year-on-year growth was 18% (CY2023: 583,597 units) and accounted for a commanding 56% share of the total 12,20,925 three-wheelers sold in India last year. This segment is… Continue reading Electric 3W industry scales new high in CY2024: 691,000 units, Mahindra and Bajaj Auto shine
Electric 3W industry scales new high in CY2024: 691,000 units, Mahindra and Bajaj Auto shine
CY2024 has come and gone and the electric three-wheeler industry, the second largest in volumes after e-two-wheelers, has displayed the strongest growth trajectory. At 691,011 units retail sales, year-on-year growth was 18% (CY2023: 583,597 units) and accounted for a commanding 56% share of the total 12,20,925 three-wheelers sold in India last year. This segment is… Continue reading Electric 3W industry scales new high in CY2024: 691,000 units, Mahindra and Bajaj Auto shine
M&M records 20% YoY growth in December tractor sales
Mahindra & Mahindra’s Farm Equipment Sector recorded a double-digit year-on-year growth of 20% in its December volumes. The company noted that the growth reflects strong rabi sowing and positive sentiments on account of the strong cash flow Kharif harvest. The largest Indian tractor manufacturer with more than 40% market share sold 22,943 tractors in December,… Continue reading M&M records 20% YoY growth in December tractor sales
“Audacity drives us, integrity defines us”: Anand Mahindra reflects Mahindra Group’s 2024 journey
“Audacity drives us, but integrity defines us,” – with these words, Anand Mahindra, chairman of the Mahindra Group, sets the tone for his year-end address to the Mahindra Family. He reflected on the Group’s performance in 2024 and laid out a clear vision for the future. 2024 was marked by notable milestones and steady growth… Continue reading “Audacity drives us, integrity defines us”: Anand Mahindra reflects Mahindra Group’s 2024 journey
“Audacity drives us, integrity defines us”: Anand Mahindra reflects Mahindra Group’s 2024 journey
“Audacity drives us, but integrity defines us,” – with these words, Anand Mahindra, chairman of the Mahindra Group, sets the tone for his year-end address to the Mahindra Family. He reflected on the Group’s performance in 2024 and laid out a clear vision for the future. 2024 was marked by notable milestones and steady growth… Continue reading “Audacity drives us, integrity defines us”: Anand Mahindra reflects Mahindra Group’s 2024 journey
M&M sells 41,424 SUVs in December 2024, sales grow 18%
Homegrown automaker Mahindra & Mahindra (M&M) registered cumulative domestic sales of 41,424 units in December 2024. Led by a strong demand for some of its popular models such as the Scorpio Classic, XUV 3XO and the rencently-launched Thar Roxx, the company recorded a year-on-year (YoY) growth rate of 18%. In the January-December 2024 period, M&M… Continue reading M&M sells 41,424 SUVs in December 2024, sales grow 18%
Hyundai India posts flattish growth in 2024 sales at 6.05 lakh units
Hyundai Motor India Limited (HMIL) reported flattish growth in its 2024 sales, with 6,05,433 domestic units sold, showing a marginal increase from 6,02,111 units in 2023. Yet it achieved its highest-ever yearly domestic sales in 2024, marking the third consecutive year of record-breaking domestic sales. Including exports, the total sales figure reached 7,64,119 units, with… Continue reading Hyundai India posts flattish growth in 2024 sales at 6.05 lakh units
Bajaj Auto’s December wholesales down; Domestic 2W sales fall 19% YoY
Bajaj Auto on Wednesday reported a decline of 1% in its total wholesales in December on a year-on-year basis. Despite a strong uptick in exports, total sales dropped because the automaker’s two-wheeler dispatches to the domestic market plunged 19%. The Pune-based company dispatched 3.23 lakh two-wheelers and commercial vehicles in December, compared to 3.27 lakh… Continue reading Bajaj Auto’s December wholesales down; Domestic 2W sales fall 19% YoY