Car and SUV September sales hit record 363,000 units as OEMs look to capture festive demand

The Indian passenger vehicle industry continues to fire on all cylinders and September 2023 wholesales will, at an estimated 363,000 units, be the best monthly numbers yet, going ahead of August 2023’s 359,648 units.  The big number is due to car and SUV manufacturers ensuring their dealer network across India is well stocked with popular… Continue reading Car and SUV September sales hit record 363,000 units as OEMs look to capture festive demand

Car and SUV September sales hit record 363,000 units as OEMs look to capture festive demand

The Indian passenger vehicle industry continues to fire on all cylinders and September 2023 wholesales will, at an estimated 363,000 units, be the best monthly numbers yet, going ahead of August 2023’s 359,648 units.  The big number is due to car and SUV manufacturers ensuring their dealer network across India is well stocked with popular… Continue reading Car and SUV September sales hit record 363,000 units as OEMs look to capture festive demand

Industry digest: The real cost of the skills gaps in your business

Over the past few weeks, I’ve had some eye-opening conversations with senior industry executives about the skills gaps in the automotive and mobility sector.  Almost everyone I’ve spoken to accepts that there’s a price to pay to solve their skills needs, and many have assessed the shortages they have now and are likely to face in… Continue reading Industry digest: The real cost of the skills gaps in your business

M&M tractor domestic tractor sales down 11 percent at 42,034 units

Mahindra & Mahindra (M&M) has seen a 11 percent decrease in domestic tractor sales to 42,034 units in September 2023, the company reported on Sunday. The company sold 47,100 units in the same month last year, M&M said in a statement. The company’s total tractor sales were at 43,210 units last month, as against 48,713… Continue reading M&M tractor domestic tractor sales down 11 percent at 42,034 units

Tata Motors clocks 44,809 units PV sales in September, degrows 6 percent

Tata Motors has announced factory despatches of 44,809 units of its passenger vehicle models, including EVs, in the month of September, thereby registering a 6 percent year-on-year (YoY) decline (September 2022: 47,654). The degrowth is primarily being attributed to the reduced production of its older Nexon and Nexon EV crossovers, to ensure a seamless transition… Continue reading Tata Motors clocks 44,809 units PV sales in September, degrows 6 percent

Maruti Suzuki India clocks 873,107 units in H1 FY24, registers 10% growth

India’s largest carmaker Maruti Suzuki India (MSIL) has reported domestic passenger vehicle sales of 150,812 units in September, registering a marginal 1.63 percent year-on-year (YoY) uptick. While sales of its entry-level models – Alto and S-Presso – continued to be on a decline with a total of 10,351 units being despatched last month (September 2022: 29,574 /… Continue reading Maruti Suzuki India clocks 873,107 units in H1 FY24, registers 10% growth

EV sales see 1.8 percent drop despite festival season consumer push; ICE sales fare better with 18 percent increase

Despite strong consumer demand during the ten-day Ganesh Chaturthi festive period, where retail sales of ICE two-wheelers increased by 18.8 percent, retail sales of electric two wheelers (e2w) decreased by 1.8 percent. E2w registrations were down from 62,683 units in August to 61,576 units in September 2023, as per the data seen from the government’s… Continue reading EV sales see 1.8 percent drop despite festival season consumer push; ICE sales fare better with 18 percent increase

EV sales see 1.8 percent drop despite festival season consumer push; ICE sales fare better with 18 percent increase

Despite strong consumer demand during the ten-day Ganesh Chaturthi festive period, where retail sales of ICE two-wheelers increased by 18.8 percent, retail sales of electric two wheelers (e2w) decreased by 1.8 percent. E2w registrations were down from 62,683 units in August to 61,576 units in September 2023, as per the data seen from the government’s… Continue reading EV sales see 1.8 percent drop despite festival season consumer push; ICE sales fare better with 18 percent increase

Mahindra sells 41,267 SUVs in September, registers 29% uptick in H1 FY24

Homegrown automaker Mahindra & Mahindra (M&M) has clocked total UV sales of 41,267 units in September, registering a 20 percent year-on-year (YoY) uptick compared to 34,262 units despatched in the same month last year. The company says the September numbers are its best-ever and have been on a consistent rise for last three months in… Continue reading Mahindra sells 41,267 SUVs in September, registers 29% uptick in H1 FY24