Representative Image India’s monthly goods and services tax (GST) collection hit the second highest ever in July while manufacturing activity bounced back to an eight-month high, indicating that economic recovery remained firm as interest rates inched up. Other high-frequency indicators such as fuel sales, power demand, railway freight, and car sales also indicated economic strength… Continue reading GST, PMI data for July point to firm recovery
Tag: Suzuki
July sales see carmakers firing on all cylinders
Leading carmakers in India’s passenger vehicle (PV) market announced their sales performance for July, with most OEMs being able to ramp up production. While chip supplies are improving, it’s still not green signal for India Auto Inc. The fact, however, is that companies are in a much better state as compared to a year ago… Continue reading July sales see carmakers firing on all cylinders
Auto Sales in July 2022: PVs on upswing, 2Ws improve, CVs dip sequentially
Representative Image New Delhi: The first month of the second half of this year reflected a mixed bag of sales. On a year-on-year basis, domestic sales for all the segments during July 2022 remained in the green, barring the tractors. However, on a month-on-month basis, two-wheeler sales improved marginally and CV makers reported a drop.… Continue reading Auto Sales in July 2022: PVs on upswing, 2Ws improve, CVs dip sequentially
Upcoming cars and bikes in India in August 2022: Royal Enfield Hunter 350 to Hyundai Tucson
The month of July 2022 saw a range of cars as well as bikes being launched in the Indian market across different segments, including TVS Ronin, BMW G 310 RR, Citroen C3, Volvo XC40 Recharge, and so on. Similarly, the month of August is also expected to be big on car and motorcycle launches, with… Continue reading Upcoming cars and bikes in India in August 2022: Royal Enfield Hunter 350 to Hyundai Tucson
Maruti’s July sales jump 7 percent to 142,850 units
The All-new Brezza is in ramp up mode. India’s largest carmaker Maruti Suzuki India’s (MSIL’s) sales for the month of July registered a notable 6.81 percent year-on-year (YoY) uptick to reach a total of 142,850 units (July 2021: 133,732). These numbers include the company’s export numbers. Maruti said that the chip crisis continues to have… Continue reading Maruti’s July sales jump 7 percent to 142,850 units
Nine new cars and SUVs coming in August
August 2022 has dawned and it’s a month which will see reveals and launches of more than half-a-dozen cars. Coming to the Indian market soon are two SUVs, a hatchback and an electric sedan, while Mahindra & Mahindra will unveil five electric SUVs. The most economical option launching in August is from Maruti Suzuki, in the form of… Continue reading Nine new cars and SUVs coming in August
After a bumpy ride in Q1, Tata Motors hopes to raise the tempo in Q2 amid volume improvement
The company has guided for a volume of 90,000 units in the second quarter of FY22 implying a sequential increase of 26%. Tata Motors missed the street’s earnings expectations by a wide margin for the June quarter. This was on account of the weak performance by its UK subsidiary Jaguar Land Rover (JLR) which contributed… Continue reading After a bumpy ride in Q1, Tata Motors hopes to raise the tempo in Q2 amid volume improvement
CTEK Battery Care Kits Custom Designed for Builders
Company Urges Builders to Be Prepared CHICAGO, July 28, 2022 /PRNewswire/ — Celebrating 25-year of battery management innovation, CTEK, a leading global brand in battery charging solutions, is gearing up for the 2022 SEMA Show taking place November 1-4 at the Las Vegas Convention Center with its booth #23129 in the Central Hall. As an official… Continue reading CTEK Battery Care Kits Custom Designed for Builders
Maruti’s net profits up 2x in Q1
Maruti Suzuki India’s FY23 results have thrown up some interesting numbers. A total of 2,80,000 pending order book due to chip shortage, the highest ever export tally of 69,437 units, and a two-fold jump in consolidated net profit to ₹1,036 crore marked India’s leading passenger car maker’s performance for Q1 of FY23 The waiting period… Continue reading Maruti’s net profits up 2x in Q1
Volvo XC 40 Recharge joins the Metaverse bandwagon
Even as the Volvo XC 40 Recharge breaks cover today, it will be the first for an automaker to debut the vehicle exclusively on Metaverse which is gaining popularity as the destination for new vehicle launches. Recently, Maruti Suzuki, MG Motors, Mahindra, and even public sector undertaking, Union Bank of India have set up virtual customer experience… Continue reading Volvo XC 40 Recharge joins the Metaverse bandwagon