Tag: Honda

Top 5 two-wheeler OEMs target festive fervour, dispatch 1.85 million units to dealers in September

The Indian two-wheeler industry is going all out to tap demand in the ongoing festive season. The top five manufacturers for September 2024, as per their company releases, have dispatched a total 18,58,831 units to their dealers in September 2024, up 16.46% YoY (April-September 2023: 15,96,095 units). As per wholesales data from apex industry body,… Continue reading Top 5 two-wheeler OEMs target festive fervour, dispatch 1.85 million units to dealers in September

@FCA: IONNA Breaks Ground on First ‘Rechargery’ and Announces New CTO

October 3, 2024 , Durham, N.C. –  IONNA, the charging network founded by eight of the world’s top automakers: BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia, Stellantis and Toyota, announced they have broken ground on the first IONNA rechargery. In the thriving heart of Apex, North Carolina, just a few miles from its previously announced headquarters… Continue reading @FCA: IONNA Breaks Ground on First ‘Rechargery’ and Announces New CTO

European automakers most at risk from US dockworkers strike

European automakers, many of which use the ports on strike, would be the most affected, Levy said in a research note. European automakers are the most likely to be affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could prove… Continue reading European automakers most at risk from US dockworkers strike

Cars with six figure discounts this festive season

The festive season is upon us and most carmakers are offering massive discounts and deals to push sales. In fact, the discounts and benefits on offer have been ramped up significantly as most dealers have high inventory levels, and there is great need to clear old stock. Here’s a list of cars and SUVs with… Continue reading Cars with six figure discounts this festive season

High inventory levels stifle sales in September, carmakers target festive season for growth

September turned out to be just like August, a tepid month which saw the top three passenger vehicle manufacturers register a year-on-year wholesales decline. While Maruti Suzuki’s dispatches to showrooms were down 4%, Hyundai Motor India posted a 6% reduction in volumes and Tata Motors 8 percent. Tata Motors’ much-reduced volumes meant that M&M, which… Continue reading High inventory levels stifle sales in September, carmakers target festive season for growth

Hero MotoCorp’s total September wholesales up 18.7% YoY; HMSI records 11% growth

India’s largest two-wheeler maker today posted an 18.7% on-year growth in its total dispatches in September, while the second largest two-wheeler maker Honda Motorcycle & Scooter India recorded an 11% growth in total sales. Both companies pushed more vehicles to dealerships in anticipation of strong sales during the peak festival season. The automaker dispatched a… Continue reading Hero MotoCorp’s total September wholesales up 18.7% YoY; HMSI records 11% growth

GM reports 2.2% decrease in third-quarter sales, but EVs make gains

GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT — Increases in sales of electric vehicles and small crossovers helped General Motors report slightly better-than-expected sales during the third quarter. The Detroit automaker reported a 2.2% drop in third-quarter sales compared… Continue reading GM reports 2.2% decrease in third-quarter sales, but EVs make gains

Rairdon Automotive Group proudly announces the opening of its 13th dealership in Burlington, WA, expanding its reach in the Pacific Northwest.

BURLINGTON, Wash., Oct. 1, 2024 /PRNewswire/ — Celebrating its 31th year of excellence in the automotive dealership sector, Rairdon Automotive Group proudly adds its newest dealership, Rairdon’s Kia, rooted in the heart of Burlington, WA. This acquisition from the Jerry Smith Family underscores Rairdon’s unwavering allegiance to the communities it operates in and exemplifies its dedication… Continue reading Rairdon Automotive Group proudly announces the opening of its 13th dealership in Burlington, WA, expanding its reach in the Pacific Northwest.

Maruti, Hyundai, Tata Motors report decline in wholesales in Sep

The automaker had dispatched 20,022 units to dealers in September 2023. Maruti Suzuki, Hyundai and Tata Motors reported a decline in wholesales in September as the companies curtailed dispatches to dealers to reduce inventory build-up amid a decline in demand. Maruti Suzuki India reported a 4 % dip in total domestic passenger vehicle wholesales last… Continue reading Maruti, Hyundai, Tata Motors report decline in wholesales in Sep