Indian passenger vehicle market posts 26.7% growth to 3.88 million units, market growth to slip to 5-7% in FY24 The Indian passenger vehicle (PV) market has ended an impressive financial year FY23 with annual sales of 3.89 million units, posting a year-on-year growth of 26.7 percent (FY22: 3.07 million) – the highest-ever annual growth in… Continue reading Indian passenger vehicle market posts 26.7% growth to 3.88 million units, market growth to slip to 5-7% in FY24
Tag: Suzuki
Maruti Suzuki sells 1.6m PVs in FY2023, UVs record 26% growth, grow share to 23%
Maruti Suzuki India, the country’s passenger vehicle market leader, has reported total sales of 16,06,870 units or 1.6 million units, which marks a 21% year-on-year increase (FY2022: 13,31,558). The company would have logged additional sales if it weren’t for production being intermittently disrupted during the fiscal due to supply chain issues specific to electronic components.… Continue reading Maruti Suzuki sells 1.6m PVs in FY2023, UVs record 26% growth, grow share to 23%
Japan edges closer toward issuing digital yen with plans for new panel
Japan is stepping up efforts toward issuing a digital yen with the creation of a government advisory panel and the launch of a pilot programme, joining a growing number of countries exploring a central bank digital currency (CBDC). The finance ministry will set up a panel of experts as early as April to discuss the… Continue reading Japan edges closer toward issuing digital yen with plans for new panel
Citroen India exports first batch of C3s to ASEAN and Africa
Four weeks after PAIPL (PCA Automobiles India Pvt Ltd),, the Indian affiliate of Citroen India, signed a Memorandum of Understanding with Kamarajar Port Ltd (KPL) to commence its export programme from India, the carmaker has begun shipping its cars to overseas markets as completely built units (CBUs). On March 31, 2023, the first batch of… Continue reading Citroen India exports first batch of C3s to ASEAN and Africa
Suzuki e-Burgman to feature swappable battery tech
Suzuki has been testing its Burgman electric scooter in India for quite some time now and spy images of the same have surfaced multiple times. Now, however, the Hamamatsu-based brand has revealed the e-Burgman overseas in its entirety and disclosed most of its specifications as well. Suzuki e-Burgman electric scooter: detailsThe major news here is that… Continue reading Suzuki e-Burgman to feature swappable battery tech
@Toyota: Mazda Joins Research Association of Biomass Innovation for Next Generation Automobile Fuels
Mar. 29, 2023 Research Association of Biomass Innovation for Next Generation Automobile FuelsMazda Motor Corporation The Research Association of Biomass Innovation for Next Generation Automobile Fuels (“Research Association”) and Mazda Motor Corporation (“Mazda”) are pleased to announce Mazda’s participation as a full member of the association. The Research Association was established on July 1, 2022… Continue reading @Toyota: Mazda Joins Research Association of Biomass Innovation for Next Generation Automobile Fuels
@Toyota: Mazda Joins Research Association of Biomass Innovation for Next Generation Automobile Fuels
Mar. 29, 2023 Research Association of Biomass Innovation for Next Generation Automobile FuelsMazda Motor Corporation The Research Association of Biomass Innovation for Next Generation Automobile Fuels (“Research Association”) and Mazda Motor Corporation (“Mazda”) are pleased to announce Mazda’s participation as a full member of the association. The Research Association was established on July 1, 2022… Continue reading @Toyota: Mazda Joins Research Association of Biomass Innovation for Next Generation Automobile Fuels
China tensions open door for Hyundai to buy GM’s India plant
NEW DELHI — General Motors is poised to sell its Indian plant to Hyundai Motor, after a chill in relations between New Delhi and Beijing derailed a deal with a Chinese automaker first announced over three years ago. Hyundai Motor India said on March 13 that it signed a term sheet to potentially acquire a… Continue reading China tensions open door for Hyundai to buy GM’s India plant
Suzuki Swace
Refinement is much improved when you adopt a gentle pace, and there’s now plenty of part-throttle response when you just want to accelerate a little bit. So picking up speed needn’t be tortuous, and seldom do you feel like you’re thrashing the car for very little gain. But there’s still little reward or enjoyment in… Continue reading Suzuki Swace
Maruti Suzuki retains top car exporter title in FY2023, exports surpass 2.5 million units
Maruti Suzuki retains top car exporter title in FY2023, exports surpass 2.5 million units Maruti Suzuki India has announced that it has surpassed the cumulative export milestone of 2.5 million vehicles. The landmark achievement comes 36 years after the company began shipping its made-in-India passenger vehicles in FY1987. The first big consignment of 500 cars… Continue reading Maruti Suzuki retains top car exporter title in FY2023, exports surpass 2.5 million units