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

Chip-impacted Maruti Suzuki’s December sales down 9% to 112,010 units, lowest in 2022

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

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