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BMW Group India on Wednesday reported 64.2 per cent growth in its car sales at 5,570 units in the January-June period of 2022. The BMW brand posted sales of 5,191 units during the period, a growth of 65.4 per cent while the MINI clocked 379 units, an increase of 50 per cent over the comparable […]
Skoda Auto Volkswagen India on Wednesday said it has witnessed a significant increase in sales at 52,698 units in the first half of the current year, driven by the India 2.0 project and new launches. The sales volumes for Skoda and Volkswagen have been robust, with the former recording its highest ever sales in India […]
Korean auto maker Hyundai Motor India on Tuesday said its Director – Production, Ganesh Mani S has decided to move on to pursue newer opportunities. Hyundai Motor India has shared a mutually enriching relation with Mani over the last seven years and his valuable contributions have significantly added to the company’s operational excellence at the […]
Bengaluru-based electric vehicle startup Bounce on Tuesday announced its partnership with the central government’s e-governance service delivery network CSC to strengthen its presence across rural markets. Under the collaboration, Bounce will sell its product offerings through the Common Service Centre (CSC) network, the company said. CSC, a special purpose vehicle of the ministry of electronics […]
Witnessing a robust demand for its electric scooter Chetak, Bajaj Auto plans to scale up the sales infrastructure for the model to 75 locations across the country in the current fiscal. The Pune-based firm had brought back its iconic Chetak scooter in electric avatar in October 2019. “Seeing the enthusiastic demand for this iconic model, […]
Tata Motors expects second half of the current fiscal to be better in terms of performance with gradual improvement in the overall supply situation and stabilisation in commodity prices, according to company chairman N Chandrasekaran. Addressing shareholders during the company’s 77th annual general meeting, Chandrasekaran noted that demand for the company’s vehicles across segments remained […]
Passenger vehicle retail sales in the country rose 40 per cent in June indicating an improvement in semiconductor supplies even as demand, especially for SUVs, remained robust, auto dealer’ body FADA said on Tuesday. According to the Federation of Automobile Dealers Associations (FADA), passenger vehicle (PV) registrations rose to 2,60,683 units last month, as compared […]
Betting big on green technologies, Maruti Suzuki India (MSI) plans to have strong hybrid technology across its model range in the next 5-7 years, as per a senior company official. The auto major aims to have strong and mild hybrid technologies as part of an initiative to have environment-friendly technology elements in each of its […]
Major carmakers, including Maruti Suzuki, Hyundai, Tata Motors on Friday reported growth in their passenger vehicle sales in June as semiconductor shortage woes showed gradual signs of easing out. Other manufacturers, Kia India, MG Motor India and Skoda Auto India also reported robust sales growth last month. Maruti Suzuki India (MSI) reported 5.7 per cent […]
Realty firm Sobha Ltd has entered into a joint development agreement (JDA) to build a housing project in Chennai. Property consultant Savills India said in a statement that it facilitated a joint development deal for a land parcel of 2.5 acre for Sobha Ltd in Chennai. “We are looking to leverage the growing demand in […]