CY2024 has turned out to be the second year in a row that Hyundai Motor India has registered record wholesales of passenger vehicles. At 605,429 units, the year-on-year growth is less than 1% (0.6%), considerably slower than the 9% it posted in CY2023 (602,111 units), a year which marked the first time that Hyundai surpassed… Continue reading Hyundai Motor India sells best-ever 605,000 units in CY2024, Creta powers SUV share to 67%
Category: US Motoring Press
Tata Motors reports 2% YoY growth in December 2024 PV domestic wholesales
Tata Motors’ domestic passenger vehicles (including electric vehicles) wholesale reached 44,230 units in December 2024, translating into a 2% jump compared to 43,470 units in December 2023. Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd., said, “The PV industry posted moderate growth in CY24 and is expected… Continue reading Tata Motors reports 2% YoY growth in December 2024 PV domestic wholesales
Tata Motors domestic wholesale CV witness marginal YoY drop to 32,369 units in December 2024
Mumbai-based Tata Motors’ domestic commercial vehicle wholesale witnessed a marginal slide to 32,369 units during December 2024, translating into a 1% drop compared to the same period last year when it registered 32,668 units. As per company data, HCV registered a 15% decline, with 9,520 units sold during December 2024 compared to 11,199 units in… Continue reading Tata Motors domestic wholesale CV witness marginal YoY drop to 32,369 units in December 2024
Mahindra & Mahindra annual sales cross 500,000 for the first time in CY2024
Mahindra & Mahindra has sold over half-a-million SUVs for the first time in a calendar year. With the company announcing its December 2024 wholesales numbers today, annual sales for CY2024 add up to 528,460 units, which constitutes a robust year-on-year increase of 22% (CY2023: 433,172 units). Taking a seamless ride on unabating demand for SUVs… Continue reading Mahindra & Mahindra annual sales cross 500,000 for the first time in CY2024
VE Commercial Vehicles December sales up 3.7% YoY
Eicher Motors Ltd on Wednesday said VE Commercial Vehicles Ltd recorded a growth of 3.7% in its total sales during December on a year-on-year basis. VECV is a joint venture between Eicher Motors and Volvo Group that sells trucks and buses under the Eicher and Volvo (in India) brands. The company sold a total of… Continue reading VE Commercial Vehicles December sales up 3.7% YoY
Maruti Suzuki CY2024 sales up 3% at 1.75 million, 710,651 UVs buffer 10% decline in cars
Maruti Suzuki India, the bellwether of the Indian passenger vehicle industry, has had a somewhat tepid calendar year 2024. At 1.75 million units (17,55,425), year-on-year growth is 3% (CY2023: 17,07,668 units). In comparison, CY2023’s 1.70 million units were a much higher 8.35% YoY increase. As the detailed 12-month wholesales table (below) reveals, Maruti Suzuki witnessed… Continue reading Maruti Suzuki CY2024 sales up 3% at 1.75 million, 710,651 UVs buffer 10% decline in cars
Autocar magazine 31 December: on sale now
In this week’s Autocar, we finally get behind the wheel of 2024’s most divisive vehicle: the Tesla Cybertruck. Plus, we drive the new Ford Capri in the UK for the first time, and detail everything about Mercedes-Benz’ new CLA which is aiming to set a new benchmark for EV efficiency. Subscribe to Autocar here. News… Continue reading Autocar magazine 31 December: on sale now
Man in the MIRA: What really happens in a full Autocar road test?
The controller asks: “What kind of speeds do you think you’ll be hitting today?” Lane replies that we’re looking to go 150mph-plus, but it’s met with the immediate sucking of air through teeth. “Lots of standing water today, so make sure you recce properly,” says the controller. It’s not ideal, but our only choice is… Continue reading Man in the MIRA: What really happens in a full Autocar road test?
Strong Swift, WagonR sales indicates rural bounce-back
India’s largest carmaker Maruti Suzuki has seen a resurgence in the hatchback segment, Partho Banerjee, the company’s Senior Executive Officer for Marketing and Sales, said on Wednesday. Maruti Suzuki sold 62,324 units in December 2024, marking a 29% increase compared to 48,298 units sold in December 2023. However, cumulatively from April to December 2024, the… Continue reading Strong Swift, WagonR sales indicates rural bounce-back
Hero MotoCorp gets additional tax demand of Rs 26.4 crore
Hero MotoCorp Ltd has received an additional tax demand of Rs 26.40 crore from the Income Tax Department for the assessment year 2020-21, the company said in a filing to stock exchanges. “The company had filed its income tax return for the Assessment Year 2020-21 on December 31, 2020, which was examined by the tax… Continue reading Hero MotoCorp gets additional tax demand of Rs 26.4 crore