Passenger vehicle exports from India increased 43 per cent in FY22, with Maruti Suzuki India leading the segment with dispatches of over 2.3 lakh units, as per the latest data by industry body SIAM. The total passenger vehicle (PV) exports stood at 5,77,875 units in 2021-22 fiscal, as compared to 4,04,397 units in 2020-21. Passenger […]
Tag: Hyunadi Motors
Hyundai Introduces N Line Range Of Merchandise
Hyundai Motor India on Monday said it has launched the N Line range of merchandise to complement the launch of the i20 N Line premium hatchback in the country. The company had introduced motorsports inspired ‘i20 N Line’ in September last year. “At a time when millennials are driving consumerism, we have yet again tried […]
Passenger Vehicle Wholesales Dip 8 PC In January As Semiconductor Woes Continue
Passenger vehicle dispatches from factories to dealers in India fell 8 per cent in January, mainly due to semiconductor shortage, auto industry body SIAM said on Friday. The total passenger vehicle wholesales dropped to 2,54,287 units in January 2022 as compared to 2,76,554 units in the same month of last year. Last month, passenger car […]
Union Budget 2022: Automotive Players Says It Is Close to Their Expectations
Presenting Union Budget 2022, Finance Minister Nirmala Sitharaman in her speech has announced some key measures to boost the Indian automotive industry. Announcing a new battery swap policy to encourage electric vehicle adoption is the most appreciative step along with opening up defence R&D to private players for auto component development. MSP payment of ₹2.73 […]