India’s utility vehicles sales rise in December, demand for entry-level cars muted

Utility vehicles (UV), among the fastest-growing segments, saw a 22.3% rise in sales at Maruti Suzuki India and 62.2% at Mahindra and Mahindra. India’s top automakers in December reported a double-digit rise in the sale of the more expensive utility vehicles, while entry-level cars saw muted demand despite discounts. Auto sales numbers are keenly watched… Continue reading India’s utility vehicles sales rise in December, demand for entry-level cars muted

Kia’s new compact AY SUV will be on sale by 2025

Having secured a major chunk of the compact and mid-size SUV market in India with the Sonet and Seltos, Kia India is now readying a new “compact lifestyle SUV” alongside its current SUV line-up to bring in incremental sales. Much like the Sonet and Seltos, the upcoming SUV will try to address a wider price… Continue reading Kia’s new compact AY SUV will be on sale by 2025

Non-IT sectors may dominate white-collar job market this year

Companies will also keep a close watch on the Covid situation amid a surge in infections in some countries, said executives. India’s white-collar job market may see a cautious stance from companies in the New Year, as recession fears mount in the advanced economies amid continued geopolitical uncertainties, accelerating inflation and sluggish growth. The current… Continue reading Non-IT sectors may dominate white-collar job market this year

Auto Wholesales in Dec 2022: Mixed bag, sentiments are positive

Country’s largest carmaker Maruti Suzuki reported a drop in domestic wholesales for the month. New Delhi: During the last month of the year gone by, the vehicle dispatches from the factories to the dealers remained a mixed bag for the automobile industry. Sales for passenger vehicles were stable however reported a drop on a month-on-month… Continue reading Auto Wholesales in Dec 2022: Mixed bag, sentiments are positive

Maruti Suzuki clocks best-ever exports in 2022: 263,068 units

Maruti Suzuki India, the passenger vehicle export market leader since the past two fiscals, has reported record exports of 263,068 units in calendar year 2022. This is an increase of 28% over the previous record of 205,450 vehicles despatched overseas in CY2021 (see data table below) and over twice the volume in pre-Covid 2019 (107,190)… Continue reading Maruti Suzuki clocks best-ever exports in 2022: 263,068 units

Records tumble as carmakers notch best-ever sales of 3.8m units in 2022

Calendar year 2022 has been a record breaker in more ways than one for India’s passenger vehicle (PV) industry, not only because it has scaled a new high at over 3.8 million units, beating the previous best of 3.34 million units in 2018 but some carmakers have also notched their best-ever annual numbers since they… Continue reading Records tumble as carmakers notch best-ever sales of 3.8m units in 2022

Domestic passenger vehicles sales rise 23 pc to record of 37.93 lakh units in 2022

He said demand for SUVs continued to grow and stood at around 42.3 per cent of the total PV sales. Domestic passenger vehicles sales rose by 23 per cent to a record of 37.93 lakh units in 2022 led by the likes of Maruti Suzuki, Hyundai and Tata Motors as the companies rode on easing… Continue reading Domestic passenger vehicles sales rise 23 pc to record of 37.93 lakh units in 2022

Indian auto industry posts highest ever annual sales in 2022

In the month of December 2022 alone, the Indian auto industry recorded a total sale of over 2.28 lakh units. The Indian automobile industry its highest ever annual domestic passenger vehicle sales last year. A total of 3.793 million or 37.93 lakh units were sold in the country in 2022, which is 23.1 per cent… Continue reading Indian auto industry posts highest ever annual sales in 2022

“Britain needs more cars that can cope with icy winters”

If you’re feeling festively generous, have a few quid burning a hole in your pocket and someone special in your life, think seriously about the only Christmas present he or she really needs: a 4×4. With a sub-£5,000 budget, consider an early-nineties Jeep Cherokee (I had two and regret getting rid of both). Or, if… Continue reading “Britain needs more cars that can cope with icy winters”

Hyundai Motor Group produces record 1.04m PVs in India, sole OEM after Suzuki to surpass million units in a year

Hyundai Motor Group produces record 1.04m PVs in India, sole OEM after Suzuki to surpass million units in a year Close on the heels of grabbing the tag of the world’s third largest carmaker, Hyundai Motor Corporation (HMC) has achieved a significant milestone of producing over a million units annually in India, one of its… Continue reading Hyundai Motor Group produces record 1.04m PVs in India, sole OEM after Suzuki to surpass million units in a year