Toyota Kirloskar Motor sells 16,500 units in June, up 87 percent

TKM said the new Glanza has received a tremendous response Toyota Kirloskar Motor (TKM)  on Thursday announced that the company sold a total of 16,500 units in June 2022, thereby registering a growth of 87 percent over wholesales in June 2021. The company also clocked a 26 percent growth in cumulative wholesales from January to… Continue reading Toyota Kirloskar Motor sells 16,500 units in June, up 87 percent

Toyota sells 16,500 units in June, up 87 percent

TKM said the new Glanza has received a tremendous response Toyota Kirloskar Motor (TKM)  on Thursday announced that the company sold a total of 16,500 units in June 2022, thereby registering a growth of 87 percent over wholesales in June 2021. The company also clocked a 26 percent growth in cumulative wholesales from January to… Continue reading Toyota sells 16,500 units in June, up 87 percent

Maruti Suzuki launches all new Brezza at Rs 799,000

Maruti Suzuki has launched its 2022 Brezza compact SUV, with prices starting at Rs 799,000 for the base LXi trim and going upto Rs 13.96 lakh for the top-spec ZXI+ AT variant (ex-showroom, India). It will be retailed via Maruti Suzuki’s Arena dealerships and bookings are already underway. Deliveries are expected to begin soon.  The new Brezza… Continue reading Maruti Suzuki launches all new Brezza at Rs 799,000

Maruti S-Presso scores three stars in GNCAP crash test, improves on previous zero rating

Global NCAP and the Automobile Association of South Africa yesterday released details of the latest result – the made-in-India Maruti S-Presso – for the #SaferCarsForAfrica campaign under its current test protocols (29 June). From July 1, 2022, the assessment protocols will be updated to include side impact, Electronic Stability Control (ESC) and pedestrian protection requirements.  The… Continue reading Maruti S-Presso scores three stars in GNCAP crash test, improves on previous zero rating

June auto sales preview: Chip supplies improve, PV wholesales likely to benefit

Due to the improvement in semiconductor chip supply, passenger vehicles (PVs) sales may have benefitted in the month of June in what could turn out to be the best ever June for wholesales, analysts say. Demand trends for PVs have remained resilient despite the price increase undertaken due to pent-up demand. However, the waiting period… Continue reading June auto sales preview: Chip supplies improve, PV wholesales likely to benefit

Drivers are Keeping their Cars for 12+ Years

CTEK Asks…But are They Changing their Maintenance Habits? CHICAGO, June 28, 2022 /PRNewswire/ — With rising new and used car prices and a shortage of cars at dealerships, research firm S&P Global Mobility recently reported that the average age of vehicles on U.S. roadways hit a record high of 12.2 years in 2021, increasing for… Continue reading Drivers are Keeping their Cars for 12+ Years

Markets rise as automakers enjoy best day in over two years

Maruti Suzuki gained the most on the Nifty 50, rising 6.3% to its highest since late February. Truckmaker Eicher Motors and two-wheeler maker Hero MotoCorp jumped 5.9% each. BENGALURU: Domestic indices bucked a broader downturn on Thursday as weak metal and oil prices drove beaten-down automakers to their best day since April 2020. The NSE… Continue reading Markets rise as automakers enjoy best day in over two years

@Toyota: Toyota and Suzuki to Deepen Collaboration in the Fields of Development and Production in India

Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) signed a memorandum of understanding for a business alliance in 2017. Since then, the two companies have been bringing together Toyota’s strength in electrification technologies and Suzuki’s strength in technologies for compact vehicles for joint collaboration in production and in the widespread popularization of electrified vehicles.… Continue reading @Toyota: Toyota and Suzuki to Deepen Collaboration in the Fields of Development and Production in India

Scrapped cars a gold mine for India-Japan recycling venture

NEW DELHI — A joint venture between an Indian and a Japanese company has uncovered a treasure trove in India in the form of auto parts salvaged from some of the roughly 10 million cars scrapped in the country as the government puts tighter emissions standards in place. Abhishek Group, an Indian maker of air… Continue reading Scrapped cars a gold mine for India-Japan recycling venture

Soaring white collar salaries driving sales of premium cars and gadgets

A big rush for talent and soaring salary offers in the white collarjob market amid the ‘Great Resignation’ are boosting sales of premium smartphones, electronics and cars in the country even as overall discretionary spending has slipped. Professionals who are switching jobs or getting retained by their existing employers at much higher salaries than before… Continue reading Soaring white collar salaries driving sales of premium cars and gadgets