The retail sales numbers and the real-world marketplace report card for India Auto Inc’s performance in August 2024 is out with the Federation of Automobile Dealers Associations (FADA) releasing the data. A total of 1.89 million units were sold, which makes for a 2.88% year-on-year increase (August 2023: 1.83 million units) but is down a… Continue reading Monsoon fury impacts August retails: 1.89 million units up 3% but down 7% on July
Tag: Suzuki
Monsoon fury impacts August retails: 1.89 million units up 3% but down 7% on July
The retail sales numbers and the real-world marketplace report card for India Auto Inc’s performance in August 2024 is out with the Federation of Automobile Dealers Associations (FADA) releasing the data. A total of 1.89 million units were sold, which makes for a 2.88% year-on-year increase (August 2023: 1.83 million units) but is down a… Continue reading Monsoon fury impacts August retails: 1.89 million units up 3% but down 7% on July
Monsoon fury impacts August retails: 1.89 million units up 3% but down 7% on July
The retail sales numbers and the real-world marketplace report card for India Auto Inc’s performance in August 2024 is out with the Federation of Automobile Dealers Associations (FADA) releasing the data. A total of 1.89 million units were sold, which makes for a 2.88% year-on-year increase (August 2023: 1.83 million units) but is down a… Continue reading Monsoon fury impacts August retails: 1.89 million units up 3% but down 7% on July
Branded Content: A Silent bond
It’s no secret that the dynamic automotive industry is shifting gears into a new era with various propulsion solutions on offer. With electric vehicles showing strong growth and improved performance, the flip side is that cars are getting heavier, driving an efficient need for consistent innovation in materials, design and engineering. This is where specially… Continue reading Branded Content: A Silent bond
Maruti Suzuki contributes Rs 3 crore to PM CARES Fund for flood relief
Maruti Suzuki India Limited (MSIL) has donated Rs 3 crore to the PM CARES Fund to aid relief efforts in areas affected by recent floods. The contribution is part of MSIL’s Corporate Social Responsibility (CSR) initiatives aimed at supporting the government’s efforts in disaster relief and recovery. Hisashi Takeuchi, Managing Director and CEO of Maruti… Continue reading Maruti Suzuki contributes Rs 3 crore to PM CARES Fund for flood relief
@Toyota: TOYOTA Teams Up with Young Creators to Shine Spotlight on Athletes
In the New GTTA DIRECTORSCUT Video Series, Global Creators Showcase the Efforts of Para-Athletes Around the World TOYOTA CITY, Japan (Sept. 3, 2024) – Toyota Motor Corporation (Toyota) is launching the GTTA DIRECTORSCUT, a collaborative project with global para-athletes and creators, driven by the desire to support athletes striving to overcome all kinds of barriers.… Continue reading @Toyota: TOYOTA Teams Up with Young Creators to Shine Spotlight on Athletes
Maruti contributes INR 3 cr to PM CARES fund for flood relief
Maruti Suzuki donated INR 3 crore to the PM CARES fund for flood relief. New Delhi: Maruti Suzuki India on Tuesday said it has donated INR 3 crore to the PM CARES fund for flood relief across various states. The company’s contribution aims to support the government’s relief and rebuilding efforts across the country, the… Continue reading Maruti contributes INR 3 cr to PM CARES fund for flood relief
Tax differential between EVs, hybrids to continue for long period: Amitabh Kant
The government intends to maintain the tax differential between electric vehicles and hybrid vehicles for a long period to drive the adoption of battery-powered vehicles in the country, according to G20 Sherpa Amitabh Kant. The GST on vehicles powered by internal combustion engines, including hybrid technology, stands at 28%, while it is 5% on electric… Continue reading Tax differential between EVs, hybrids to continue for long period: Amitabh Kant
Maruti and Toyota Leverage UP Govt’s Hybrid Car Tax Waivers to Boost Sales: Report
In a bold move to capitalize on recent tax incentives, Japanese automakers Maruti Suzuki and Toyota have intensified their efforts to promote hybrid vehicles in Uttar Pradesh, according to Reuters Following a significant lobbying victory, both companies are now setting ambitious sales targets for their dealers, hoping to drive up hybrid car sales and take… Continue reading Maruti and Toyota Leverage UP Govt’s Hybrid Car Tax Waivers to Boost Sales: Report
Auto Industry sales will surge on back of improved monsoon and festive season demands
In August, the domestic tractor segment remained flat YoY with volumes coming in 5-6 %.. The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as compared with August 2023, because of weak retail demand trends and higher inventory levels at the dealerships according to Kotak Institutional Equities. The report suggests… Continue reading Auto Industry sales will surge on back of improved monsoon and festive season demands