Hyundai Motor India remains strongly bullish on the SUV segment. The carmaker which registered a smart uptick in the UV segment in FY2021 with products including the new Creta and Venue, is gunning for more growth in the category. It is now revealed its latest salvo at India’s booming SUV market: the Alcazar. The seven-seat… Continue reading Hyundai reveals Alcazar premium SUV
Tag: Tata
Renault Triber surpasses 75,000-unit sales in 21 months
The Renault Triber has notched a new sales milestone – 75,000 units and counting. Launched on August 28, 2019, the seven-seater SUV has given the French carmaker a new charge in the Indian market. From a utility vehicle market share of 1.57% in FY2019, Renault India closed FY2021 with 4.79% UV market share. And it… Continue reading Renault Triber surpasses 75,000-unit sales in 21 months
Pulling out of Ssangyong and Ford JV were very difficult calls of my career, says Pawan Goenka
Steering Mahindra to top of the ladder in the face of rising global competition, Goenka reflected on the string of partnerships, their shelf life and how Mahindra took bold calls of giving up on some of them and deciding to go on its own. Pawan Goenka, a few days before he retired from Mahindra &… Continue reading Pulling out of Ssangyong and Ford JV were very difficult calls of my career, says Pawan Goenka
Tata Motors opens 10 new showrooms in Delhi-NCR on one day
Tata Motors, which is on a roll in the passenger vehicle market having sold 222,025 units and notched 69% year-on-year growth, is taking the drive into FY2022 and beyond. The carmaker today inaugurated 10 new full-range passenger vehicle showrooms in Delhi-NCR, comprising seven in Delhi, two in Gurgaon and one in Faridabad. With these additions,… Continue reading Tata Motors opens 10 new showrooms in Delhi-NCR on one day
Vax drive, earnings growth to determine market’s FY22 trajectory: Report
Besides, the report cited that all sectors delivered positive returns in FY21. “Top gainers in the sectoral space were Metals, Autos, Technology, Real Estate and Private Banks while Consumer underperformed,” Mumbai, Vaccination drive along with earnings growth will determine India’s stock markets’ trajectory in FY22, said Motilal Oswal Financial Services Ltd. (MOFSL). “As we step… Continue reading Vax drive, earnings growth to determine market’s FY22 trajectory: Report
The 2030 milestone: the supply of cars becomes 100 percent electric
3 ‘of reading There are less than 10 years to a real revolution in the offer of car manufacturers. From 2030, in fact, brands such as Volvo and Ford will definitively say goodbye to the presence of thermal models in their price lists. No petrol or diesel version in hybrid version but only electric cars.… Continue reading The 2030 milestone: the supply of cars becomes 100 percent electric
Meet the Briton leading a Tesla rival who wants to save the planet
The Lucid Motors boss Peter Rawlinson is fluent in the language of the new breed of electric carmaker: he wants to save the planet and he wants to do it fast. The California carmaker is only starting production of its hotly anticipated first model in the second half of this year but it has quickly… Continue reading Meet the Briton leading a Tesla rival who wants to save the planet
Tata Nexon EV crosses 4,000-unit sales in 14 months
Tata Motors, which closed FY2021 on a high with total passenger vehicle sales of 222,025 units, up 69% year on year (FY2020: 131,196), has another reason for cheer. The Tata Nexon EV, currently the best-selling electric passenger vehicle in India, has driven past the 4,000-unit mark. Launched on January 28, 2020, the eco-friendly compact SUV… Continue reading Tata Nexon EV crosses 4,000-unit sales in 14 months
Tata Motors completes transfer of defence biz to TASL for consideration of Rs 227.7 cr
Tata Motors has partnered the Indian defence establishment in various strategic programmess such as MRSAM, Aakash, Agni, BrahMos, etc. Tata Motors on Thursday said it has completed the transfer of its defence business with effect from April 1 to Tata Advanced Systems Ltd (TASL) for an upfront consideration of Rs 227.7 crore. The transfer has… Continue reading Tata Motors completes transfer of defence biz to TASL for consideration of Rs 227.7 cr
Premium SUVs fastest selling used cars in March as dealers see fastest stock turn of 2021
Premium brand SUVs led the fastest selling used cars in March. According to eBay Motors Group this was a result if buyers, cooped up in lockdown, turning their attention to aspirational purchases. According to it’s Market View, Volkswagen’s Touareg was the fastest selling model in March, taking an average of just 29 days to sell… Continue reading Premium SUVs fastest selling used cars in March as dealers see fastest stock turn of 2021