Tag: Suzuki

@Suzuki: Dec 01, 2019 Maruti Suzuki sales in November 2019

New Delhi: Maruti Suzuki India Limited sold a total of 150,630 units in November 2019. This includes 141,400 units in domestic market, 2,286 units of domestic OEM sales and 6,944 units of exports. The sales figures for November 2019 are given below: *Clarifications:1. Effective April 2019, Sales to other OEM have commenced and are reported… Continue reading @Suzuki: Dec 01, 2019 Maruti Suzuki sales in November 2019

@Suzuki: Nov 30, 2019 Maruti Suzuki stands tall with 20 Million sales in India

• Only Indian carmaker to cross the landmark • Achieved the last 10 million sales in just 8 years New Delhi: Maruti Suzuki India Limited, India’s leading passenger vehicle maker has reached a key milestone of 20 Million passenger vehicle cumulative sales in the Indian market. This achievement makes Maruti Suzuki the only company in… Continue reading @Suzuki: Nov 30, 2019 Maruti Suzuki stands tall with 20 Million sales in India

Hyundai Xcent sales drive past 250,000-unit milestone

Hyundai Motor India has just chalked up a new sales milestone, thanks to its first sub-four-metre sedan – the Xcent. Launched on March 12, 2014 after the India reveal at Auto Expo 2014, the Xcent has crossed the 250,000-unit sales milestone in the domestic market. As per Autocar Professional’s statistical data, as of end-October 2019,… Continue reading Hyundai Xcent sales drive past 250,000-unit milestone

Tata Motors rolls out production-ready Altroz

Guenter Butschek, CEO and MD, Tata Motors, at the rollout of the first Altroz from the Pune plant, ahead of the launch in January 2020. It is the first product to be launched on the ALFA platform. Tata Motors is gearing up to open 2020 with a bang. The carmaker is currently building up hype… Continue reading Tata Motors rolls out production-ready Altroz

Online used car platform Spinny to raise fresh funds at $150m valuation

Online used car retailer Spinny is closing a $50 million funding round with three new investors coming into an oversubscribed round, despite a wide-ranging automobile sales slump in India. The new investors include growth equity firm Norwest Venture Partners, US venture fund General Catalyst, and Fundamentum, a fund set up by Nandan Nilekaniand former Helion… Continue reading Online used car platform Spinny to raise fresh funds at $150m valuation

Competition watchdog approves Toyota Motor-Suzuki Motor Corp minority stake deal

The transaction involves acquisition of a “minority and insignificant shareholding” of 4.94 per cent by Toyota Motor in Suzuki Motor while Suzuki will hold approximately 0.24 per cent stake in the former. NEW DELHI: The Competition Commission of India on Tuesday said it has approved the minority stake purchase deal of Toyota Motor Corporation and… Continue reading Competition watchdog approves Toyota Motor-Suzuki Motor Corp minority stake deal

China-owned MG challenges Japanese dominance of SE Asian auto market

BANGKOK — Cars produced under the long-established British-brand MG by a joint venture between China’s SAIC Motor and Thailand’s conglomerate Charoen Pokphand Group are racing ahead. Since its entry into the Thai auto market dominated by Japanese carmakers several years ago, MG has gradually strengthened its presence, overtaking Japan’s Suzuki Motor in terms of market share in the first nine… Continue reading China-owned MG challenges Japanese dominance of SE Asian auto market