Auto sales preview: Demand muted across segments in Dec

In the case of passenger vehicles, Nomura sees industry-wide volumes fall 1 per cent. “We expect Maruti Suzuki’s domestic PV volumes (ex, Toyota and LCV) to be down 13 per cent YoY. The company’s overall volume is likely to be down 5 per cent YoY on higher exports,” it said. NEW DELHI: December is ending… Continue reading Auto sales preview: Demand muted across segments in Dec

SUV sales surge in India: 9.3 million units in 16 years

If there is one vehicle category which has made industry, in India and the world over, stand up and take notice then it is the Utility Vehicle (UV) or Sports UV (SUV) segment. Even the pandemic had far less of an impact on this segment as it did on others. The reason is not difficult… Continue reading SUV sales surge in India: 9.3 million units in 16 years

Weak rural demand dents several large-cap stocks in 2021

Some of the stocks in that category are ITC, Hero MotoCorp, Bajaj Auto, HUL and Maruti Suzuki. New Delhi: Even as Indian equity markets gave handsome returns in 2021, many large-cap companies have failed to display healthy performances. Market participants believe large-cap stocks are safe as they have low risks associated with them and they… Continue reading Weak rural demand dents several large-cap stocks in 2021

Top-10 Cars & Bikes of 2021

After three days of gruelling testing at the BIC by the autoX (www.autox.com) team of experienced road testers – wherein they rate each machine out of a total score of 100 for quality, practicality, drivetrain, design, value-for-money, ride-and-handling, and much more – the winners have finally been crowned. Check out the ‘Best of 2021’ microsite… Continue reading Top-10 Cars & Bikes of 2021

Soriano Giaguaro: The Future Of Electric Motorbikes, Fashion and NFTs

Soriano Giaguaro: the future of electric motorbikes, fashion and NFTs Tweet this “It is an emotional moment today because it is my family legacy,” Soriano tells Monaco Life. “Not everyone has this history, this nostalgia and emotion. I think the human factor is driven by emotion, and this is where my creativity comes from.” What began… Continue reading Soriano Giaguaro: The Future Of Electric Motorbikes, Fashion and NFTs

Tata Motors set to launch Tiago, Tigor CNG in January

After a long wait, Tata Motors looks finally set to enter the CNG passenger vehicle segment in India, with the long-awaited CNG-powered variants of the Tiago and Tigor likely to be launched in January 2022. According to Autocar India, Tata Motors dealers in various cities have started accepting unofficial bookings for the CNG variants of the… Continue reading Tata Motors set to launch Tiago, Tigor CNG in January

Newsmaker of 2021: Osamu Suzuki

It was earlier this year when the grand old man of the global automobile industry finally decided that it was time to step down as Chairman of the company he had been spearheading for over four decades. The 91-year-old Osamu Suzuki made known in February that he was relinquishing his top post in June and… Continue reading Newsmaker of 2021: Osamu Suzuki

CNG models account for 43% of Maruti Suzuki’s 280,000 order backlog

India’s largest carmaker Maruti Suzuki is facing a problem of plenty. With petrol and diesel prices continuing to be high, even after the November 4 excise duty cut, demand for Maruti’s CNG-fueled cars has skyrocketed. However, the company, like other carmakers in India, is battling a demand-supply mismatch as a result of the continuing semiconductor… Continue reading CNG models account for 43% of Maruti Suzuki’s 280,000 order backlog

$14 Billion Global Off-road Vehicle Market Expected to Grow at a CAGR of 4.12% Between 2021 and 2026

DUBLIN, Dec. 23, 2021 /PRNewswire/ — The “Off-road Vehicle Market – Growth, Trends, COVID-19 Impact, and Forecast (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering. The off-road vehicle market was valued at USD 14 billion in 2020, and it is anticipated to reach USD 18 billion by 2026, registering a CAGR of 4.12%… Continue reading $14 Billion Global Off-road Vehicle Market Expected to Grow at a CAGR of 4.12% Between 2021 and 2026