Maruti Suzuki India has announced that the Maruti Wagon R, India’s best-selling passenger car for the second year in a row in FY2023 with a record 212,340 units, has clocked cumulative sales of 30 lakh or 3 million units. The popular midsize hatchback, which was launched in 1999, has taken 24 years to surpass the… Continue reading Maruti Wagon R clocks 3 million sales, third-gen model crosses 750,000 units in 51 months
Tag: Suzuki
CNGs and Hybrid vehicles account for over 38% of Maruti Suzuki’s FY23 sales
Having exited the diesel space, the cleaner vehicles portfolio powered by Compressed Natural Gas and Hybrid engines accounted for 38 percent for Maruti Suzuki in FY23, with the conventional petrol vehicle sales remaining stable at about 1 million units. As part of its initiatives to support the Government of India’s carbon neutrality, Suzuki Motor Corporation… Continue reading CNGs and Hybrid vehicles account for over 38% of Maruti Suzuki’s FY23 sales
Mahindra XUV300 sells over 200,000 units since launch
The Mahindra XUV300 has driven past the 200,000-unit sales milestone in the India market. Launched on Valentine’s Day in 2019, it is estimated that Mahindra & Mahindra’s compact SUV has sold a total of 199,363 units till end-April 2023. The remaining 637 units needed to clock 200,000 units would have come in the first week… Continue reading Mahindra XUV300 sells over 200,000 units since launch
Suzuki Motor Corp optimistic India will outperform despite slowing global sales in FY2024
Suzuki Motor Corporation (SMC) expects India to continue to outpace the global markets in FY2023 – which is fiscal year 2023-24 (in India) – and help offset the slowdown in some of its key geographies around the world. Announcing its FY2023 earnings in Japan on Monday, the small car specialist has issued a guidance for… Continue reading Suzuki Motor Corp optimistic India will outperform despite slowing global sales in FY2024
Automotive Four-wheel Drive Vehicle Market size to grow by 2,423.33 units between 2022 and 2027; BYD Electronic Co. Ltd., Ford Motor Co. among others, identified as key vendors – Technavio
NEW YORK, May 15, 2023 /PRNewswire/ — The automotive four-wheel drive vehicle market share is set to grow by 2423.33 units from 2023 to 2027. However, the growth momentum will be progressing at a CAGR of over 3.85% during the forecast period, according to Technavio. The automotive four-wheel drive vehicle market is fragmented, and the… Continue reading Automotive Four-wheel Drive Vehicle Market size to grow by 2,423.33 units between 2022 and 2027; BYD Electronic Co. Ltd., Ford Motor Co. among others, identified as key vendors – Technavio
Tata Nexon tops SUV sales in FY2023, Maruti Eeco bestselling MPV
India’s passenger vehicle segment hit record volumes of 38.9 lakh units in financial year 2023 (FY2023), up 27 percent year on year. Much of the credit for this should go to the booming utility vehicle (UV) sub-segment that comprises of SUVs and MPVs. These two sub-segments alone sold over 20 lakh units (20,03,718 units), registering… Continue reading Tata Nexon tops SUV sales in FY2023, Maruti Eeco bestselling MPV
Maruti Dzire is India’s bestselling sedan in FY2023
Sedans in India seem to replicate the fortunes of the compact utility vehicle segment – when compared to other sedan body styles – in terms of leading the market. In the 16-model sedan segment, cumulative sales of six compact sedans in FY2023 accounted for the bulk (2,95,245 units) or 73 percent of the overall 4,07,676… Continue reading Maruti Dzire is India’s bestselling sedan in FY2023
India’s Top 10 bestselling cars in FY2023, Maruti Wagon R remains No. 1
The Indian auto industry continued its strong course of recovery in the last financial year and posted its best ever sales clocking 3.89 million units. The industry crossed the 3-million mark for the second year in a row, with monthly sales surpassing 3,00,000 units as many as nine times. Unsurprisingly, Maruti Suzuki continued to dominate the list… Continue reading India’s Top 10 bestselling cars in FY2023, Maruti Wagon R remains No. 1
India’s bestselling hatchbacks in FY2023: Maruti Suzuki maintains firm grip
India’s car market, once teeming with hatchbacks aplenty, now has only 17 vehicles left in the segment, and in FY2023, these models comprised three budget cars, eight entry and mid-level hatchbacks and six premium models. Clearly, the surging demand for utility vehicles, which now account for 51.5 percent of the overall passenger vehicle (PV) market,… Continue reading India’s bestselling hatchbacks in FY2023: Maruti Suzuki maintains firm grip
Tata Nexon sales in India top 500,000 units
On April 12, 2023, the Tata Nexon became the first model in Tata Motors’ seven-model ‘New Forever’ range of passenger vehicles to see the rollout of its 500,000th unit from the Ranjangaon plant in Pune. April 2023 also marked a similar milestone on the sales front. Launched on September 21, 2017, the Nexon has, till… Continue reading Tata Nexon sales in India top 500,000 units