As dealerships look to sell off cars in the upcoming festive season, they’re running into two major problems. The first is passenger vehicle inventory build-up is expected to reach a four year high by the end of August, and the second is that almost 60 percent of new car stocks are entry-level cars, where demand… Continue reading High inventory, pile-up of entry-level models worry dealers ahead of festive season
Tag: Suzuki
German Handelsblatt: BMW, Kia, Mercedes: These are the most profitable car companies in the world – the number one comes from Germany007536
According to a new evaluation, the world’s largest car companies continue to grow significantly. Compared to the same period last year, sales in the second quarter of the year increased by 18.1 percent, earnings before interest and taxes (EBIT) grew by 31.3 percent. Sales also increased by more than a tenth between April and June.… Continue reading German Handelsblatt: BMW, Kia, Mercedes: These are the most profitable car companies in the world – the number one comes from Germany007536
German Handelsblatt: BMW, Kia, Mercedes: These are the most profitable car companies in the world – the number one comes from Germany007537
According to a new evaluation, the world’s largest car companies continue to grow significantly. Compared to the same period last year, sales in the second quarter of the year increased by 18.1 percent, earnings before interest and taxes (EBIT) grew by 31.3 percent. Sales also increased by more than a tenth between April and June.… Continue reading German Handelsblatt: BMW, Kia, Mercedes: These are the most profitable car companies in the world – the number one comes from Germany007537
Global automakers aim to turn India into an export hub
India’s lower-cost cars are another potential advantage for an export-focused approach. Global automakers are looking to turn India into an export hub, as people are shifting from local demand to pricier vehicles and that may spur more ‘India-first’ models, Nikkei Asia reported. India had already surpassed Japan and become the world’s third-largest car market and… Continue reading Global automakers aim to turn India into an export hub
August car dispatches set to be highest ever at 3.55 lakh units
The Indian passenger vehicle market continues to scale to a new peak. Having posted highest ever monthly sales for respective months of April, May, June and July, the dispatches this month too are expected to be the highest ever, for any August so far. Autocar Professional learns that not only are the dispatches going to… Continue reading August car dispatches set to be highest ever at 3.55 lakh units
August car dispatches set to be highest ever at 3.55 lakh units
The Indian passenger vehicle market continues to scale to a new peak. Having posted highest ever monthly sales for respective months of April, May, June and July, the dispatches this month too are expected to be the highest ever, for any August so far. Autocar Professional learns that not only are the dispatches going to… Continue reading August car dispatches set to be highest ever at 3.55 lakh units
August car dispatches set to be highest ever at 3.55 lakh units
The Indian passenger vehicle market continues to scale to a new peak. Having posted highest ever monthly sales for respective months of April, May, June and July, the dispatches this month too are expected to be the highest ever, for any August so far. Autocar Professional learns that not only are the dispatches going to… Continue reading August car dispatches set to be highest ever at 3.55 lakh units
Maruti Suzuki India approves appointment of Arnab Roy as CFO designate
Maruti Suzuki India has approved the appointment of Arnab Roy as CFO designate, with effect from 16 October, 2023 and Whole time CFO, with effect from 1 January 2024. Roy will succeed Ajay Seth, who shall be superannuating from the post of Whole-time CFO of the Company, with effect from the close of business hours of 31… Continue reading Maruti Suzuki India approves appointment of Arnab Roy as CFO designate
Maruti Suzuki has highest PE ratio in the world after Tesla
Maruti Suzuki Limited, the country’s largest vehicle manufacturer, has the highest PE (price to earnings) ratio in the world, Chairman RC Bhargava said at the AGM. “The PE ratio of the company is an indication of how the market perceives management and the way of working. This has increased to 30 now and used to be… Continue reading Maruti Suzuki has highest PE ratio in the world after Tesla
Hero MotoCorp launches Karizma XMR at Rs 1.73 lakh
Reiterating its accelerated focus in the premium segment, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today launched the Karizma XMR, at Rs 1.73 lakh. The motorcycle is powered by 210cc Liquid Cooled DOHC Engine, 6 Speed transmission that comes with Slip and Assist Clutch and Dual Channel ABS. With today’s customers looking… Continue reading Hero MotoCorp launches Karizma XMR at Rs 1.73 lakh