Tata Motors is on a roll. The company has registered its best-ever monthly wholesales performance yet in January 2024: 53,633 units. This is the first time that the company has clocked over 50,000-unit sales in a month, a performance which constitutes strong 13% YoY increase (January 2023: 47,987 PVs). The January sales include best-ever monthly EV… Continue reading Tata Motors on a roll: best-ever monthly PV and EV sales in January
Category: US Motoring Press
Tata Motors sees 69% EV growth year-on-year in January 2024
Tata Motors’ Electric Vehicle (EV) category witnessed a growth of 69% compared to January 2023, reaching a total of 6,979 units. The Passenger Vehicles (PV) segment showcased robust growth, with a total of 54,033 units sold in January 2024, marking a 12% increase year-on-year. The Mumbai-based auto manufacturer has shared its sales figures for January… Continue reading Tata Motors sees 69% EV growth year-on-year in January 2024
Mahindra & Mahindra rides SUV boom to sell 43,068 units in January, 10-month sales surpass record FY23 total
With a product portfolio packed with SUVs, Mahindra & Mahindra continues to make the most of the surging demand for this vehicle type. In January 2024, the Mumbai-based auto major sold a total of 43,068 SUVs, a strong 31% YoY increase (January 2023: 32,915 units). Mahindra & Mahindra, which has eight SUVs (Bolero, Bolero Neo,… Continue reading Mahindra & Mahindra rides SUV boom to sell 43,068 units in January, 10-month sales surpass record FY23 total
Amara Raja Energy & Mobility reports 9% increase in revenues over previous year in Q3FY24
Amara Raja Energy & Mobility formerly known as Amara Raja Batteries reported a profit before tax of Rs 313.32 crore for Q3FY24 which is a growth rate of 6.8% over Q2 of FY24. The Earnings per Share (EPS) for Q3FY24 is at Rs 14.03. Revenue from operations reached Rs 2,881.06 crore during the quarter ending… Continue reading Amara Raja Energy & Mobility reports 9% increase in revenues over previous year in Q3FY24
Royal Enfield showcases Classic 350 flex fuel at Bharat Mobility Global Expo 2024
At the ongoing Bharat Mobility Global Expo in Delhi, Royal Enfield has showcased a flex-fuel compatible version of its popular Classic 350. The Classic 350 flex fuel can be run on a petrol-ethanol blend containing up to 85 percent ethanol. Mechanically, the flex fuel bike remains identical to the standard Classic 350. That means you… Continue reading Royal Enfield showcases Classic 350 flex fuel at Bharat Mobility Global Expo 2024
Maruti showcases Wagon R Flex Fuel, eVX Concept at Bharat Mobility Global Expo 2024
Maruti has showcased the eVX concept at the ongoing Bharat Mobility show in New Delhi. The eVX concept previews Maruti’s first SUV for India that will go on sale sometime in late 2024. The eVX SUV is being built in partnership with Toyota, which will also have their own iteration. Toyota’s version of the eVX will go on sale… Continue reading Maruti showcases Wagon R Flex Fuel, eVX Concept at Bharat Mobility Global Expo 2024
Maruti Suzuki sells 166,802 cars, SUVs and MPVs in January, UV share of PVs at 36%
Maruti Suzuki India, the country’s passenger vehicle market leader, has reported wholesale despatches of 166,802 units in January 2024, which is a 13% year-on-year increase (January 2023: 147,348 units). This makes the opening month of 2024 the second-best monthly sales performance in the ongoing fiscal year – just 1,245 units fewer than October 2023’s 168,047… Continue reading Maruti Suzuki sells 166,802 cars, SUVs and MPVs in January, UV share of PVs at 36%
Toyota showcases Innova Hycross flex fuel, Mirai, Hyryder CNG at Bharat Mobility Global Expo 2024
Toyota has showcased five models at the ongoing Bharat Mobility Global Expo 2024 in New Delhi. The brand’s focus at this event is on alternative fuel vehicles. Toyota India currently sells petrol, petrol-hybrid, CNG and diesel-powered models. Toyota at Bharat Mobility Show 2024 Starting the proceedings for Toyota at the event, is the Toyota Mirai… Continue reading Toyota showcases Innova Hycross flex fuel, Mirai, Hyryder CNG at Bharat Mobility Global Expo 2024
Budget 2024: Infra development gets boost; CVs, construction equipment industry to benefit
Building on the massive tripling of the capital expenditure outlay in the past four years, which has resulted in a huge multiplier effect on economic growth and employment creation, the Central government has now increased the outlay for the next financial year by 11.1% to Rs 11,11,111 crore. This would be 3.4 percent of the… Continue reading Budget 2024: Infra development gets boost; CVs, construction equipment industry to benefit
Budget 2024: Infra development gets boost; CVs, construction equipment industry to benefit
Building on the massive tripling of the capital expenditure outlay in the past four years, which has resulted in a huge multiplier effect on economic growth and employment creation, the Central government has now increased the outlay for the next financial year by 11.1% to Rs 11,11,111 crore. This would be 3.4 percent of the… Continue reading Budget 2024: Infra development gets boost; CVs, construction equipment industry to benefit