Maruti Suzuki targets doubling of SUV sales and UV leadership in FY2024

Maruti Suzuki India, which leads the passenger vehicle market with a 42% share, has set its sights on also being the leader in the SUV market. The company, which currently has an 18.25% share of the utility vehicle market, has set its sights on being the No. 1 UV player in FY2024, a year in… Continue reading Maruti Suzuki targets doubling of SUV sales and UV leadership in FY2024

Maruti Suzuki to retain top exporter title, leads Hyundai by 77,885 units in ongoing fiscal

Maruti Suzuki to retain top exporter title, leads Hyundai by 77,885 units in ongoing fiscal Maruti Suzuki India is set to retain the title of India’s top passenger vehicle exporter in FY2023. The domestic market leader has shipped a total of 209,154 units in the April 2022 to January 2023 period, which is 89% of… Continue reading Maruti Suzuki to retain top exporter title, leads Hyundai by 77,885 units in ongoing fiscal

10 exciting new cars and SUVs to be launched soon in India

The Indian passenger vehicle market may be alive with exciting choices right now but there are some new car and SUVs launches happening soon. It’s the third week of February and passenger vehicle manufacturers like Toyota Kirloskar Motor, Citroen India, Maruti Suzuki India, Tata Motors and Hyundai Motor India are lining up to introduce new and… Continue reading 10 exciting new cars and SUVs to be launched soon in India

Hyundai to launch next-gen Verna on March 21; bookings open

The next-gen Hyundai Verna is set to launch in India on March 21. Earlier this week, the South Korean manufacturer released the first set of teasers of the new Verna, internally codenamed BN7i, and opened bookings at Rs 25,000. Expected designThe teasers show that the upcoming Hyundai Verna sports a completely new design, with elements… Continue reading Hyundai to launch next-gen Verna on March 21; bookings open

War in Ukraine ends UK sales of Lada Niva

A London-based Lada Niva importer has listed what is likely to be the last-ever version of the Russian off-roader brought into the UK. With sanctions against the eastern powerhouse growing just over a year on from its invasion of Ukraine, business is about to end for importer Mark Key, who brought his first Niva to… Continue reading War in Ukraine ends UK sales of Lada Niva

Scooter sales rise by 29% to 4.36 million units in first 10 months of FY2023, TVS gains market share

Scooter sales rise by 29% to 4.36 million units in first 10 months of FY2023, TVS gains market share After seeing a sustained slowdown for over two years, India’s scooter market is finally seeing some green shoots of recovery. As per the scooter segment’s wholesale numbers, released by industry body SIAM, a total of 43,61,347… Continue reading Scooter sales rise by 29% to 4.36 million units in first 10 months of FY2023, TVS gains market share

Honda, Mazda on bumpy path to profit recovery amid chip crunch

TOKYO — Japan’s auto companies are driving into another grim year despite posting upbeat quarterly results for the end of 2022 as chip shortages continue to shackle operations and the stronger yen threatens to weigh on their financial statements. Of the seven major Japanese automakers, six — Honda Motor, Nissan Motor, Suzuki Motor, Subaru, Mazda… Continue reading Honda, Mazda on bumpy path to profit recovery amid chip crunch

Global Hybrid Electric Vehicle Market Report 2022: Upsurge in the Electrification of Vehicles Catalyzes Sector

DUBLIN, Feb. 15, 2023 /PRNewswire/ — The “Global Hybrid Electric Vehicle Market By Hybridization Type, By Vehicle Type, By Powertrain, By Propulsion, By Region, Competition Forecast & Opportunities, 2027” report has been added to  ResearchAndMarkets.com’s offering. The hybrid electric vehicle market stood around USD 290.63 billion in 2021 and is estimated to reach USD 523.74… Continue reading Global Hybrid Electric Vehicle Market Report 2022: Upsurge in the Electrification of Vehicles Catalyzes Sector

Maruti Suzuki signs up with SMAS Auto Leasing as 5th partner for subscription-based services

Maruti Suzuki signs up with SMAS Auto Leasing as 5th partner for subscription-based services Maruti Suzuki has signed up with SMAS Auto Leasing as its 5th partner for subscription-based services after inking similar deals with players like Orix, ALD Automotive, Quiklyz by Mahindra Finance, and Myles. Shashank Srivastava, Senior Executive Officer, Marketing and Sales, Maruti… Continue reading Maruti Suzuki signs up with SMAS Auto Leasing as 5th partner for subscription-based services

Maruti Suzuki Ciaz gets a new avatar, enhanced safety and Dual-Tone colour options now available

Maruti Suzuki Ciaz gets a new avatar, enhanced safety and Dual-Tone colour options now available Maruti Suzuki NEXA today introduced its mid-size sedan Ciaz in three new dual-tone colour options featuring advanced technology, elegant interiors, and an array of safety features. Introducing the dual-tone Ciaz, Shashank Srivastava, Senior Executive Officer, Marketing and Sales, Maruti Suzuki… Continue reading Maruti Suzuki Ciaz gets a new avatar, enhanced safety and Dual-Tone colour options now available