In 2021, China continued to lead the global auto market, with 26.27 million vehicles sold. The U.S. remained second at 15.4 million vehicles, followed by Japan at 4.44 million units. According to the most recent industry figures, India overtook Japan in terms of auto sales last year, moving it to third place for the first… Continue reading India surpasses Japan to become 3rd largest auto market globally
Tag: Suzuki
As EVs gain traction, automakers trim ICE models
The hatchback and sedan segments have seen the steepest fall in the number of models strapped with an internal combustion (ICE) engine. Mumbai: Amid growing popularity of electric vehicles among Indian buyers and the government push towards reduced vehicular emissions, automakers are cutting down on the number of car and SUV models that run on… Continue reading As EVs gain traction, automakers trim ICE models
Maruti Suzuki launches Grand Vitara CNG at Rs 12.85 lakh
Four months after it launched the new Grand Vitara in India, Maruti Suzuki today introduced the CNG version of the SUV in two variants – the Delta (MT) priced at Rs 12.85 lakh and the Zeta (MT) which costs RS 14.84 lakh (ex-showroom). With this, the company has expanded its CNG model range to 14… Continue reading Maruti Suzuki launches Grand Vitara CNG at Rs 12.85 lakh
Hyundai Motor India increases its share of Hyundai’s global sales to 14% in CY2022
Hyundai Motor India increases its share of Hyundai’s global sales to 14% in CY2022 Hyundai Motor Company has reported total global sales of 3.94 million vehicles (3,944,579 units) in CY2022, a 1.4% increase over CY2021’s 3,890,726 units. In its statement, the Korean carmaker said, “Despite the challenging business environment caused by the ongoing pandemic and component… Continue reading Hyundai Motor India increases its share of Hyundai’s global sales to 14% in CY2022
German car sales rebound in 2022, helped by EVs
While sales of petrol and diesel cars fell by 11.2 percent and 9.9 percent respectively last year, those of electric vehicles raced ahead. New car sales in Germany rose slightly last year, official figures published Wednesday showed, after two years of sharp drops caused by the coronavirus pandemic and supply bottlenecks. A total of 2.65… Continue reading German car sales rebound in 2022, helped by EVs
U.S. auto sales to fall in 2022, GM set to reclaim top spot from Toyota
Full-year U.S. auto sales are forecast to be about 13.9 million units, down 8% from 2021 and 20% from the peak in 2016, according to industry consultant Cox Automotive. U.S. new vehicle sales are expected to decline for major automakers in 2022 due to inventory shortages, which weighed on Asian brands more than the Detroit… Continue reading U.S. auto sales to fall in 2022, GM set to reclaim top spot from Toyota
Maturing India car market sees shift to higher pricing dynamics of Rs 10 lakh and beyond
Maturing India car market sees shift to higher pricing dynamics of Rs 10 lakh and beyond In what is a sign of the Indian market maturing and graduating to the next level, the average retail price of a car or an SUV sold in the country has exceeded Rs 10 lakh for the first time… Continue reading Maturing India car market sees shift to higher pricing dynamics of Rs 10 lakh and beyond
John Banks acquires Ipswich Renault and Dacia from Marriott Motor
John Banks has acquired Renault & Dacia Ipswich from the Marriott Motor Group It now represents Renault and Dacia in Cambridge and Ipswich, Honda in Bury St Edmunds, Cambridge & Ipswich, Suzuki in Bury St Edmunds and Ipswich and Hyundai in Cambridge. The group plans further expansion in Colchester this year. John Banks CEO Melanie… Continue reading John Banks acquires Ipswich Renault and Dacia from Marriott Motor
Global ATV and UTV Market 2023-2027
NEW YORK, Jan. 4, 2023 /PRNewswire/ — Global ATV And UTV Market 2023-2027 The analyst has been monitoring the ATV and UTV market and is forecast to grow by $4262.38 mn during 2022-2027, accelerating at a CAGR of 6.97% during the forecast period. Our report on the ATV and UTV market provides a holistic analysis,… Continue reading Global ATV and UTV Market 2023-2027
India beats Japan in the global car race
India has overtaken Japan as the third largest light vehicle market in the world in 2022, led by a strong recovery in demand for personal mobility and last-mile deliveries after Covid-19. According to global forecasting agency S&P Global Mobility, Indian light vehicle sales for 2022 are set to grow by over 22% to 4.4 million… Continue reading India beats Japan in the global car race