Updated On Apr 2, 2024 at 10:23 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Industry estimates suggest domestic PV sales recorded a growth of about 9% at 42.3 lakh units in FY24 when compared to 38.9 lakh units in FY23. This also withholds India’s position as the third largest PV… Continue reading Auto Wholesales in FY24: PVs record over 42 lakh units, 2Ws grow double-digits, CVs in slow lane
Tag: Hyundai
SUVs power Maruti, Hyundai, Tata, M&M and Toyota to best-ever sales in FY2024
FY2025 has a tough ask on its hands, given that FY2024 has registered sales of an estimated 4.23 to 4.25 million passenger vehicles, up 8.75% on FY2023’s 3.89 million units. The utility vehicle (UV) segment which comprises SUVs and MPVs, unabashedly continues to do the heavy lifting for India PV Inc. This sub-segment has proven… Continue reading SUVs power Maruti, Hyundai, Tata, M&M and Toyota to best-ever sales in FY2024
Hyundai Motor’s ‘Dogbility’ Campaign Fetches Laughs and Sparks Conversations About Universal Mobility
Hyundai’s ‘Dogbility’ concept highlights innovative features for imagined canine mobility and underscores Hyundai Motor’s vision of universal mobility for everyone The April Fools’ Day campaign uses generative AI to produce creative visuals like canine-ergonomic rotary steering wheels and driving pedals Guerilla advertising and SNS postings engage global audiences and dog owners in conversations about inclusivity and… Continue reading Hyundai Motor’s ‘Dogbility’ Campaign Fetches Laughs and Sparks Conversations About Universal Mobility
India’s FY24 PV sales grow 8.5% to a record 4.23 million cars; SUVs now account for more than half of volumes
Driven by improved availability of semiconductors and pent-up demand as well as the expanding economy, India’s passenger vehicle industry grew at around 8.5 percent on a year-on-year basis during the financial year 2024 to a new record. The craze for sports utility vehicles (SUVs) offset the impact of weakness in demand for small cars. SUVs… Continue reading India’s FY24 PV sales grow 8.5% to a record 4.23 million cars; SUVs now account for more than half of volumes
25 Richest Billionaires in Automotive Industry
In this article, we will be looking at the 25 richest billionaires in automotive industry. To skip our detailed analysis, head directly to see the 5 Richest Billionaires in Automotive Industry. Global Automotive Industry Outlook: 2024 The global automotive industry is thriving and we can see how it is transitioning from conventional vehicles to electric… Continue reading 25 Richest Billionaires in Automotive Industry
Kia launches 2024 Refreshed Seltos from Rs 15.40 lakh onwards
Kia has launched two new automatic variants of the Seltos SUV, making the auto gearbox a lot more accessible than before. Available on HTK+ trim, the new Seltos HTK+ petrol-CVT is priced at Rs 15.40 lakh while the Seltos HTK+ diesel-AT has been priced at Rs 16.90 lakh. Kia has also updated the other existing trims with… Continue reading Kia launches 2024 Refreshed Seltos from Rs 15.40 lakh onwards
Hyundai Motor India sales surpass 600,000 units for the first time in FY2024
Riding the surging wave of demand for both midsize and compact SUVs, Hyundai Motor India has recorded its best-ever domestic market sales of 614,721 units in FY2024, an increase of 8.31% over FY2023’s 567,546 units. This is the best performance by the Korean auto major since it entered the Indian market in 1998. Demand for… Continue reading Hyundai Motor India sales surpass 600,000 units for the first time in FY2024
@Hyundai: Kia announces March 2024 global sales results
March 2024 global sales of 272,026 units, down 2.4% Y/y Outside of Korea, Kia sold 222,705 units, down 1.2% Y/y Kia SUVs led the company’s sales, including Sportage and Seltos models In March, Kia EV9 won prestigious titles for both World Car of the Year and World Electric Vehicle Kia Corporation today announced total global… Continue reading @Hyundai: Kia announces March 2024 global sales results
Chinese-made cars account for one in five BEV sales in February in Europe
February 2024 was a positive month for the new car market in Europe. According to JATO Dynamics’ data from 28 European markets, a total of 988,116 passenger cars were registered during the month. This marks a 10% rise in volume compared with February 2023, bringing the year-to-date total to nearly two million units – an… Continue reading Chinese-made cars account for one in five BEV sales in February in Europe
In the green race, auto companies hop on powertrains
Maruti Suzuki, for example, leads in CNG and hybrids but has no presence yet in electric while homegrown Tata Motors leads in EVs and has a strong presence in CNG but lacks hybrids. Carmakers in India are increasingly navigating a mix of powertrain technologies from petrol to hybrids to electric, driven by policy initiatives, tougher… Continue reading In the green race, auto companies hop on powertrains