Chip-impacted Maruti Suzuki’s December sales down 9% to 112,010 units, lowest in 2022 Nearly 18-odd months after the phenomenon first impacted the automotive industry adversely, the semiconductor supply chain issue still continues to have a detrimental effect on vehicle manufacturers and their production ecosystem. Case in point is passenger vehicle market leader Maruti Suzuki India’s… Continue reading Chip-impacted Maruti Suzuki’s December sales down 9% to 112,010 units, lowest in 2022
Tag: Suzuki
Maruti Suzuki expands its metaverse presence with ArenaVerse
Expanding its presence in the metaverse, Maruti Suzuki India has launched ArenaVerse, a metaverse platform for the company’s Arena showroom network. Metaverse platforms are essentially virtual platforms that help companies develop and present new virtual experiences with the use of augmented and virtual reality, among other things. According to the company, ArenaVerse will allow users… Continue reading Maruti Suzuki expands its metaverse presence with ArenaVerse
December delight for carmakers, retails may breach record 400,000 units
This month is going to be a ‘Delightful December’ for passenger vehicle manufacturers in India. As many as 390,000 to 400,000 vehicles may be retailed in a single month for the first time ever in the history of the Indian automobile industry. If the industry achieves this, it will easily surpass the previous high of… Continue reading December delight for carmakers, retails may breach record 400,000 units
Passenger car market all set to scale new peaks in 2022
It’s a wish list that every business would want to have and this will be the second consecutive year of double-digit growth posted by the industry in more than decade fueled by the pent up demand. As the Indian economy steadily got back to normalcy after two years of disruption on account of Covid and… Continue reading Passenger car market all set to scale new peaks in 2022
Insights on the Air Powered Vehicle Global Market to 2035 – Increasing Awareness of Environment Friendly Vehicles Drives Growth
DUBLIN, Dec. 29, 2022 /PRNewswire/ — The “Air Powered Vehicle Market By Vehicle Type, By Product Type, By Range, By Top Speed: Global Opportunity Analysis and Industry Forecast to 2035” report has been added to ResearchAndMarkets.com’s offering. According to this report the air powered vehicle market was valued at $339.40 million in 2025, and is estimated… Continue reading Insights on the Air Powered Vehicle Global Market to 2035 – Increasing Awareness of Environment Friendly Vehicles Drives Growth
More vehicle scrapping facilities in Noida soon
Noida has nearly 1 lakh of the 15 years or older petrol vehicles and 20,000 of the 10 years or older diesel vehicles. NOIDA: The transport department officials on Wednesday said the UP government recently approved the scrapping policy, and more Registered Vehicle Scrapping Facilities (RVSFs) will be coming up in Noida soon. The city… Continue reading More vehicle scrapping facilities in Noida soon
Indian companies likely to raise funds via public issues in 2023 as cash tightens
Corporates have traditionally preferred raising funds via private placements due to its ease, shorter execution time, and lower costs overall. Fundraising through public issues could see an uptick in 2023 as retail investors bet on attractive interest rates and companies look to diversify their funding portfolio under tightening liquidity conditions, bankers and analysts said. Indian… Continue reading Indian companies likely to raise funds via public issues in 2023 as cash tightens
Infrastructure industry hopes history to repeats itself in H2FY23
The construction equipment market in India anticipates a rebound in road building and other infrastructure-related activities in the second half of the current fiscal year, following the recent trend of past two years. The change appears to be evident because the rate of road construction has increased significantly over the last three months, from a… Continue reading Infrastructure industry hopes history to repeats itself in H2FY23
Infrastructure industry hopes history to repeats itself in H2FY23
The construction equipment market in India anticipates a rebound in road building and other infrastructure-related activities in the second half of the current fiscal year, following the recent trend of past two years. The change appears to be evident because the rate of road construction has increased significantly over the last three months, from a… Continue reading Infrastructure industry hopes history to repeats itself in H2FY23
After Toyota, Pak Suzuki to shut production plant from January
Economic experts have attributed the development to very high auto prices, which has crashed demand. Citing a shortage of inventory level following a restriction on the import of auto parts, Pak Sukuzi Motor Company (PSMC) on Monday announced that its production plants will be closed completely from January 2 to 6, reported Geo News. Earlier… Continue reading After Toyota, Pak Suzuki to shut production plant from January