JSW MG Motor India marked a 31% year-on-year increase in sales volume with 7,045 units sold in October 2024. New Energy Vehicles (NEVs) made up over 70% of total sales—a first in the passenger car segment in India. The achievement underscores the company’s commitment to electrifying the Indian auto market. A significant highlight this month… Continue reading JSW MG Motor achieves record sales with 31% growth in October
Category: US Motoring Press
Hyundai logs third-highest monthly sales in October
Hyundai Motor India Ltd (HMIL) reported robust sales performance in October, registering total sales of 70,078 units comprising 55,568 domestic units and 14,510 export units. The company achieved its third-highest monthly sales since inception, highlighting sustained market momentum. SUVs remained a significant driver of the company’s sales, contributing 68.2% to the domestic sales volume. The… Continue reading Hyundai logs third-highest monthly sales in October
‘We have around 1500-1800 e-bus orders, contending for more’: Switch Mobility’s Mahesh Babu
Switch Mobility, the EV arm of CV major Ashok Leyland is betting big on its growth prospects with a growing order book, which presently stands between 1,500-1,00 e-buses, that are to be supplied over the next 12-18 months. The Chennai-based EV manufacturer, which has also recently expanded annual capacity to 3,000 e-buses at its plant,… Continue reading ‘We have around 1500-1800 e-bus orders, contending for more’: Switch Mobility’s Mahesh Babu
TVS Motor Company achieves record monthly sales in October 2024
TVS Motor Company reported record monthly sales in October 2024, with a total of 489,015 units, reflecting a 13% growth compared to 434,714 units in October 2023. The company’s electric vehicle (EV) segment also achieved its highest monthly sales to date, marking a 45% increase. In the two-wheeler segment, sales saw a 14% rise, reaching… Continue reading TVS Motor Company achieves record monthly sales in October 2024
EV sales in India scale new high: 217,000 units in October, up 55%
October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%
EV sales in India scale new high: 217,000 units in October, up 55%
October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%
EV sales in India scale new high: 217,000 units in October, up 55%
October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%
EV sales in India scale new high: 217,000 units in October, up 55%
October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%
EV sales in India scale new high: 217,000 units in October, up 55%
October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%
Top End Vehicles drive Mercedes Benz India revenues to over Rs 12,000 crore in FY24
Sustained growth in the high-end expensive car market has helped Mercedes-Benz, India’s largest luxury car market, to record revenues of ₹12,000 crore in FY24, for the second consecutive year. Yet, escalating raw material costs cast a shadow over this triumph, eroding net income by 40%, as detailed in the company’s annual report filed with the… Continue reading Top End Vehicles drive Mercedes Benz India revenues to over Rs 12,000 crore in FY24