PV, 2- and 3-wheeler wholesales up 18% in August, OEMs eye festive season gains

The automobile wholesales numbers for August 2022 are out, released by apex industry body Society of Indian Automobile Manufacturers (SIAM). Total despatches of three vehicle segments – passenger vehicles, two- and three-wheelers – add up to 18,77,072 units, up a strong 18% year on year (August 2021: 15,94,573 units). SIAM did not release the data… Continue reading PV, 2- and 3-wheeler wholesales up 18% in August, OEMs eye festive season gains

August  PV production up 25 percent: SIAM

While domestic wholesale (despatches to dealers) of total passenger vehicles (PVs) has gone up by 21 percent year-on-year  at 281,210 units in August, compared to 2,32,224 units in same month last year, production of cars, utility vehicles and vans rose from 266,748 units to 333,484 units, up 25 percent YoY. Production figures are a good… Continue reading August  PV production up 25 percent: SIAM

Toyota India launches Hyryder at Rs 15.11 lakh

Toyota Kirloskar Motor has launched its first midsize SUV, the Hyryder, with prices starting from Rs 15.11 lakh, going up to Rs 18.99 lakh (ex-showroom, Delhi). Toyota has, for now, only announced prices for the top four variants – the stong-hybrid and the mild-hybrid AWD variants. Prices for the remaining mild-hybrid variants will be announced in a… Continue reading Toyota India launches Hyryder at Rs 15.11 lakh

Suzuki Motor Corporation signs agreements with two IIMs

IIMA and Suzuki will collaborate to conduct research on strategic business diversification, business portfolio restructuring, and new market entry strategies. Suzuki Motor Corporation (SMC) has signed agreements with the Indian Institute of Management, Ahmedabad (or IIMA) and Kozhikode ( IIMK), respectively to further develop its Indian business. In a press note, the company said: We… Continue reading Suzuki Motor Corporation signs agreements with two IIMs

Tata Motors sells 17,150 EVs in April-August, 90% of entire FY2022 EV tally

Sustained demand for Nexon and Tigor EVs gives Tata Motors a strategic advantage over its passenger vehicle rivals. But the EV market is set to see new rivals, starting with the Mahindra XUV400 . Tata Motors’ electric drive is gathering pace and how. The market leader in the electric passenger vehicle (ePV) space has, in… Continue reading Tata Motors sells 17,150 EVs in April-August, 90% of entire FY2022 EV tally

Suzuki Motor Corp partners with IIM-A for academic, industry project

The Indian Institute of Management Ahmedabad (IIMA) on Thursday said it has signed a partnership agreement with Suzuki Motor Corporation (SMC), Japan, for research, advisory and student projects. New Delhi: The Indian Institute of Management Ahmedabad (IIMA) on Thursday said it has signed a partnership agreement with Suzuki Motor Corporation (SMC), Japan, for research, advisory… Continue reading Suzuki Motor Corp partners with IIM-A for academic, industry project

Back to school with CTEK

Ensure you can get to school on-time CHICAGO, Sept. 7, 2022 /PRNewswire/ — With the new school-year and college term just begun, CTEK is advising parents and students to make sure their car batteries are in top form ready for the school run, and for added peace of mind if youngsters are driving themselves off… Continue reading Back to school with CTEK

Two-wheeler sales in the fast lane

Hero Moto Corp has reported that its domestic sales for August increased by 4.55 percent. The company sold 4,50,740 units during the month, up from 4,31,137 units in August 2021. Sales of motorcycles increased last month to 4,30,799 units from 4,20,609 units the year before, while sales of scooters decreased to 31,809 units from 33,270… Continue reading Two-wheeler sales in the fast lane

Lumax Industries mulls greenfield expansion in western India

Lumax Industries, a key supplier of lighting products, is in the process of  evaluating its regional capabilities in line with its strong order book. The company has orders worth over Rs1,000 crore from both car and two-wheeler players, of which 90 percent is from new businesses. Of the new business, about 30 percent is from… Continue reading Lumax Industries mulls greenfield expansion in western India

Auto Sales in August 2022: Buoyed by festive season, vehicle dispatches grow across segments

Representative Image New Delhi: August brings a sense of joy across the country, as it is also synonymous with the beginning of the festive season across the states of India. In August 2021, the country was slowly moving out of the COVID-induced lockdown challenges, but the vehicle demand-supply balance was unequal. The long-standing semiconductor shortages… Continue reading Auto Sales in August 2022: Buoyed by festive season, vehicle dispatches grow across segments