Besides, an advisor representing electric car maker Tesla and representatives of luxury car makers Mercedes-Benz, BMW, Audi, had also attended the meet. Stakeholders from the electric vehicle (EV) sector held deliberations with Commerce and Industry Minister Piyush Goyal on various issues, including development of battery charging and swapping infrastructure, an official said on Friday. Officials… Continue reading EV players discuss development of battery charging, swapping infra with Piyush Goyal
Tag: Suzuki
Osamu Suzuki, 94, Who Turned Automaker Into a Powerhouse, Dies
He built Suzuki Motor into a Japanese global brand making small vehicles and motorcycles. Entering India’s market in the 1980s was one of his early successes. Go to Source
‘Demand has been far beyond our expectations’ – Masakazu Yoshimura, Toyota Kirloskar
With demand for Toyota Kirloskar’s SUVs, cars and MUVs at an alltime high, the automaker is determined to expanding its production capacity and reduce the waiting time for its models, says Managing Director and CEO Masakazu Yoshimura. In the interview, he also talks about how Toyota’s global alliance with Suzuki is performing, the company’s journey… Continue reading ‘Demand has been far beyond our expectations’ – Masakazu Yoshimura, Toyota Kirloskar
Govt to disburse incentives under PLI Auto scheme from Q4FY25
The government expects to start disbursing the incentives under the production-linked incentive (PLI) scheme for automobile and auto components in the January-March quarter of the current financial year 2025, according to the Ministry of Heavy Industries. The Rs 25,938 crore output-linked incentive scheme was launched in 2021 to boost domestic manufacturing of advanced automotive technology… Continue reading Govt to disburse incentives under PLI Auto scheme from Q4FY25
Tata Motors, Mahindra claim Rs 246 crore as incentives under PLI Auto Scheme
Tata Motors Ltd and Mahindra & Mahindra have submitted a total of Rs 246 crore in incentive claims under the government’s production-linked incentive (PLI) scheme for automobile and auto components, according to the Ministry of Heavy Industries. These incentive claims are made on determined sales for the financial year 2024 and the claims have been… Continue reading Tata Motors, Mahindra claim Rs 246 crore as incentives under PLI Auto Scheme
Maruti Suzuki’s December hatchback sales point to 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 Maruti Suzuki’s December hatchback sales point to rural bounce-back
Hyundai Motor India sells best-ever 605,000 units in CY2024, Creta powers SUV share to 67%
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%
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
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
Suzuki Motorcycle India sales up 22% YoY in December
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