Spinny, a used car platform in India, reported a 40% year-on-year growth in car deliveries this October, coinciding with the festive season. Major cities including Bangalore, NCR, Hyderabad, and Pune experienced increased demand, with customer preferences shifting toward automatic cars, SUVs, and financing options. During the festive period, the platform delivered over 500 cars per… Continue reading Spinny records 40% growth in car deliveries during festive season
Category: US Motoring Press
Hero MotoCorp clocks record retail sales in festival season with 13% growth
India’s largest two-wheeler maker, Hero MotoCorp, said on Monday that it recorded its highest-ever retail sales during this year’s 32-day peak festival period, with 15.98 lakh (1.6 million) units sold. This represents a growth of 13% compared to the festive season last year. “There has been good momentum and growth in most parts of the… Continue reading Hero MotoCorp clocks record retail sales in festival season with 13% growth
Mahindra unveils Electric SUVs XEV 9e and BE 6e
Mahindra is gearing up for a significant milestone in its electric vehicle portfolio with the launch of two new electric SUVs, the XEV 9e and BE 6e. These vehicles will make their global debut at the “Unlimit India” event on 26 November 2024 in Chennai. These new models mark Mahindra’s first vehicles built on its… Continue reading Mahindra unveils Electric SUVs XEV 9e and BE 6e
Mahindra unveils Electric SUVs XEV 9e and BE 6e
Mahindra is gearing up for a significant milestone in its electric vehicle portfolio with the launch of two new electric SUVs, the XEV 9e and BE 6e. These vehicles will make their global debut at the “Unlimit India” event on 26 November 2024 in Chennai. These new models mark Mahindra’s first vehicles built on its… Continue reading Mahindra unveils Electric SUVs XEV 9e and BE 6e
Bajaj Auto’s strong export growth offsets domestic sales slowdown in October
Domestic two-wheeler sales of Bajaj Auto Ltd fell 8% in October on year, according to the sales figure data released by the company on Monday. It reported a modest 2% growth in total sales for October 2024. However, exports which surged by 24%, helped offset domestic market challenges. The company’s total sales reached 479,707 units… Continue reading Bajaj Auto’s strong export growth offsets domestic sales slowdown in October
Bajaj Auto’s strong export growth offsets domestic sales slowdown in October
Domestic two-wheeler sales of Bajaj Auto Ltd fell 8% in October on year, according to the sales figure data released by the company on Monday. It reported a modest 2% growth in total sales for October 2024. However, exports which surged by 24%, helped offset domestic market challenges. The company’s total sales reached 479,707 units… Continue reading Bajaj Auto’s strong export growth offsets domestic sales slowdown in October
PV sales set new record in October 2024
Monthly car registrations surged to an unprecedented level in October 2024, driven by more demand for aspirational vehicles and an early onset to the festival season. This surge offered much-needed relief to automakers, helping mitigate the risks associated with inventory buildup. According to data from Vahan, the government’s vehicle registration portal, Indian car buyers registered… Continue reading PV sales set new record in October 2024
PV sales set new record in October 2024
Monthly car registrations surged to an unprecedented level in October 2024, driven by more demand for aspirational vehicles and an early onset to the festival season. This surge offered much-needed relief to automakers, helping mitigate the risks associated with inventory buildup. According to data from Vahan, the government’s vehicle registration portal, Indian car buyers registered… Continue reading PV sales set new record in October 2024
CNG car and SUV sales soar 67% to highest level in October: 99,967 units
The festive month of October 2024 which had Navratri, Durga Puja and Dussehra in the lead to Diwali on November 1, saw demand for CNG-powered passenger vehicles (hatchbacks, sedans, SUVs and MPVs) achieve their highest monthly sales in India. Retail sales of CNG-powered passenger vehicles in October were a handsome 67% YoY increase but missed… Continue reading CNG car and SUV sales soar 67% to highest level in October: 99,967 units
Bajaj Auto sells over 11,000 CNG bikes in October, Freedom sales cross 21,000 since launch
Demand for the Bajaj Freedom 125, the world’s first CNG-powered motorcycle launched on July 5, 2024, rose to a best-ever monthly stat of 11,041 units retailed in the festive month of October 2024. As per Vahan data (as of November 4, 7am), cumulative sales of the Freedom 125 are 20,942 units comprising 272 units in the… Continue reading Bajaj Auto sells over 11,000 CNG bikes in October, Freedom sales cross 21,000 since launch