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Automobile Company

Impossible For Any Automobile Company To Be Profitable In First Year Of Operations: MG Motor India

However, according to a report, the Ministry of Corporate Affairs has asked the company to explain irregularities and audit deficiencies of its financial records with its directors and auditor being summoned

01 November 2022

Hyundai.

Hyundai Motor Sales Increase 5% In August

Its domestic sales rose 6 per cent to 49,510 units against 46,866 units in August 2021, the company added

01 September 2022

Source: Shutterstock

Hyundai Motor India Sales Surge 6% At 63,851 Units In July   

The company sold 60,249 units in the same month last year. Domestic sales were at 50,500 units last month as against 48,042 units in July 2021, a growth of 5.1 per cent, HMIL said in a statement

01 August 2022

Honda.

Honda Cars Reports 30% Decline In Wholesales In August

The company had sold a total of 11,177 units in the same month last year

01 September 2022

TVS Motor.

TVS Motor Company Sales Rise 15% In August

The total two-wheelers sales grew by 15 per cent last month to 3,15,539 units compared to 2,74,313 units in August 2021

01 September 2022

Source: Shutterstock

Mahindra & Mahindra Domestic Passenger Vehicle Sales Up 33% In July

The company had sold 21,046 units in the same month last year, Mahindra & Mahindra (M&M) said in a regulatory filing

01 August 2022

Auto Sales In Fast Lane On Easing Chip Shortage Blues, Festive Demand

The country's largest automaker Maruti Suzuki India said its domestic passenger vehicle dispatches increased by 30 per cent to 1,34,166 units in August as compared with 1,03,187 units in the year-ago month

01 September 2022

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Source: Shutterstock

Toyota Kirloskar Reports Highest Monthly Wholesales In July At 19,693 Units

The company's wholesales were 50 per cent more than the 13,105 units it sold in July 2021

01 August 2022

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01 August 2022
Bajaj Auto Two-Wheeler Sales Drop By 5% To 3.15 Lakh Units In July

Bajaj Auto Two-Wheeler Sales Drop By 5% To 3.15 Lakh Units In July

The commercial vehicle (CV) sales rose 3 per cent in the month at 39,616 units over 38,547 CVs sold in domestic and international markets in July last year, as...


01 August 2022
MG Motor India Retail Sales Drops 5% In July

MG Motor India Retail Sales Drops 5% In July

In a statement, MG Motor India said it continues to work towards augmenting supplies and meeting customer demand persistently although production continues to...


14 July 2022
Skoda Auto Volkswagen India Appoints Nalin Jain As Executive Director For Finance, IT

Skoda Auto Volkswagen India Appoints Nalin Jain As Executive Director For Finance, IT

He will be responsible for the financial steering of the future growth path of the Volkswagen Group in India, Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL)...


12 July 2022
Piaggio Vehicles Launches All-New Passenger Three-Wheeler Ape NXT+ At Rs 2.35 lakh

Piaggio Vehicles Launches All-New Passenger Three-Wheeler Ape NXT+ At Rs 2.35 lakh

PVPL, which is one of the major players in the domestic small commercial vehicle space, is the only fuel agonistic three-wheeler brand in India, offering its...


12 July 2022
Audi A8 L To Launch In India Today: Price, Specs, Other Details Here

Audi A8 L To Launch In India Today: Price, Specs, Other Details Here

The sedan comes with a Rear Relaxation package with a recliner and foot massager. The grille and the bumper have been refurbished thus making the model look...


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04 July 2022
Suzuki Motorcycle Launches 'Katana' Motorcycles: Price, Specifications And Other Details Here

Suzuki Motorcycle Launches 'Katana' Motorcycles: Price, Specifications And Other Details Here

The bike comes with a Suzuki Intelligent Ride System (SIRS) which comes with a variety of advanced electronic control systems


28 June 2022
Volkswagen Delivers Over 2,000 Units Of Virtus To Customers In Two Weeks

Volkswagen Delivers Over 2,000 Units Of Virtus To Customers In Two Weeks

The five-seater, all-new Virtus, was launched in the country on June 9, at an introductory price of Rs 11.21 lakh (ex-showroom) to reignite the premium...


24 June 2022
Toyota, Suzuki To Deepen Partnership In India

Toyota, Suzuki To Deepen Partnership In India

Under the initiative, the two companies will start production of a new SUV developed by Suzuki at Toyota Kirloskar Motor (TKM) from August this year, they said...


10 June 2022
Mercedes Delivers First-Ever Unit Of AMG GT Black Series In India

Mercedes Delivers First-Ever Unit Of AMG GT Black Series In India

The price of the super exclusive models starts from Rs 5.5 crore (ex-showroom) and can go up depending on individual configurations. 


03 June 2022
Hyundai Opens Booking For New 'Venue': Price, Specifications, Other Details Here

Hyundai Opens Booking For New 'Venue': Price, Specifications, Other Details Here

Customers can book the new model at the company's dealerships by paying Rs 21,000. It can also be booked online.


02 June 2022
Ashok Leyland Unveils Eight-Wheel Truck AVTR 2620

Ashok Leyland Unveils Eight-Wheel Truck AVTR 2620

The new product would offer excellent operational flexibility to customers to choose the option based on their load, best in class Total Cost of Operation...


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26 May 2022
Kia Opens Bookings For Electric Model EV6 Starting At Rs 3 Lakh: Features, Specifications, Other Details Here

Kia Opens Bookings For Electric Model EV6 Starting At Rs 3 Lakh: Features, Specifications, Other Details Here

Built on a dedicated EV platform -- the electric-global modular platform (E-GMP), the EV6 marks the beginning of Kia's EV journey in the country.


23 May 2022
PM Modi Meets Suzuki Motor Corp Advisor Osamu Suzuki

PM Modi Meets Suzuki Motor Corp Advisor Osamu Suzuki

Prime Minister Modi is in Japan on a two-day visit to attend a summit of the Quad leaders at the invitation of his Japanese counterpart Fumio Kishida.


20 May 2022
Daimler India Logs 48% Growth In Truck Wholesale Market In 2021

Daimler India Logs 48% Growth In Truck Wholesale Market In 2021

The company, which manufactures BharatBenz brand of trucks and buses, had registered truck wholesales of 9,624 units in 2020.


19 May 2022
CARS24 Lays Off Nearly 600 Employees Months After Announcing ESOPs

CARS24 Lays Off Nearly 600 Employees Months After Announcing ESOPs

It did not elaborate on what are the positions mostly affected by the latest job cuts as a result of its annual performance review that happens around...


19 May 2022
Hyundai-Santro Becomes History: Will This Be The Fate Of All Small Cars In India, Soon?

Hyundai-Santro Becomes History: Will This Be The Fate Of All Small Cars In India, Soon?

Launched first in 1998, Santro was the only car that allowed Hyundai to compete with Maruti, which rules the small car segment till date.


19 May 2022
Maruti To Invest Rs 18,000 Crore In Sonipat Plant To Roll Out 10 Lakh Units Per Annum In 8 Years

Maruti To Invest Rs 18,000 Crore In Sonipat Plant To Roll Out 10 Lakh Units Per Annum In 8 Years

The new facility, which would come at an 800-acre site at IMT Kharkhoda in Sonipat district, will entail a total investment of Rs 11,000 crore in the first...


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