Jaguar Land Rover said its retail sales in November rose 10% on year to 52,332 vehicles, driven primarily by the introduction of the new Land Rover Discovery and the Range Rover Velar. Out of these, Jaguar sales were 13,688 vehicles, down 6.3% compared to the same month last year. Land Rover retailed 38,644 vehicles in […]
TVS Motor Company has, for the first time, entered the premium motorcycle category with its Apache RR 310 motorcycle, but pricing details are not yet revealed. “The motorcycle marks TVS Motor Company’s entry into the super-premium segment, both in domestic and international markets,” the company said. The premium motorcycle category is currently dominated by Royal […]
Automotive wheel maker Steel Strips Wheels said it won a contract to supply 6,000 truck wheels to a European customer for use on trailers. “Steel Strips Wheels has already marked its entry into the high potential truck and trailer market in EU and aims to strengthen it in the future,” it said. The wheels have […]
Mahindra & Mahindra said Uber, the taxi company, will deploy ‘hundreds of electric cars’ from the company in Delhi and Hyderabad. The partnership will gradually be expanded to other cities, it said. Mahindra’s electric vehicles on the Uber platform will include the ezoPlus hatch and the eVerito sedan. “As part of this collaboration, both the […]
Eicher Motors reported excellent growth in profit for the July-September quarter thanks to record sales of its Royal Enfield brand of motorcycles, and said it wants to begin a new chapter in its Motorcycle business with its new 650 cc models. Most of the existing models are either 350 cc or 500 cc. During the […]
Mahindra & Mahindra Ltd said it has agreed to license technology and the brand from Belgium-based agricultural equipment maker Dewulf to make potato planting machinery in India. Dewulf is the world’s leading full-liner in potato and root crop machinery and has three manufacturing locations in Europe: Belgium, the Netherlands and Romania. “With the ever increasing […]
The Tata Motors said group global wholesales in October 2017, including Jaguar Land Rover, rose 2.7% to 1.04 lakh in October. In September, group global wholesale had risen 14% to 1,16,419. Wholesales of commercial vehicles, including Tata Daewoo, rose 1.3% to 37,400. Wholesales of passenger vehicles rose faster at 3.5% to 66,361, compared to 10% […]
Tata Motors said its overseas subsidiary Jaguar Land Rover saw retail sales grow 0.2% in October to 46,418 vehicles. Jaguar retail sales were down 14.3% to 12,336 vehicles in October, primarily reflecting lower sales of the Jaguar XE, said Tata Motors. Land Rover retailed 34,082 vehicles in October, up 6.8%, led by the introduction of […]
Hero MotoCorp, the world’s largest two-wheeler manufacturer, said October two-wheeler sales fell 4.8% to 6.31 lakh units. Declines were also seen in its competitors’ numbers, though not to the same extent. It said the difference in sales could be explained by the early onset of the festive season this year compared to last year. As […]
Bajaj Auto said sales of motorcycles in India fell 1% in the festival month of October. However, a timely growth of 20% in exports of motorcycles helped the company report a 6% growth in overall motorcycle sales during the month. Total motorcycles sold in India was 2.12 lakh, down from 2.13 lakh last year, and […]
TVS Motor Company reported a sales growth of 3% for its two- and three-wheeler sales in October. TWO WHEELERS Scooter sales grew by 15.7% to 106,910 units in October 2017. Motorcycles sales grew by 3.2% to 125,409 units in October 2017. However, the growth came largely from exports. Two-wheeler exports grew by 20.0% increasing from […]
Tata Motors Limited said it saw a 5% increase in the number of vehicles sold in India during October, driven by the commercial vehicle segment. Total sales were at 48,886 units. However, most of the growth came from light CVs and pick-ups. Both commercial and personal passenger vehicle sales showed a disappointing performance. On the […]
Two- and three-wheeler manufacturer TVS Motor Company reported a revenue growth of 18.2% for the quarter ended September 2017, while net profit jumped 20%. Revenue excluding duties grew to Rs. 4097.99 crores in the quarter ended September 2017 from Rs. 3465.69 crores last year. Profit After Tax (PAT) increased by 20.2% to Rs.213.16 crores in […]
Eicher Motors said it sold 69,492 Royal Enfield Bullet motorcycles in October 2017, up 18% compared to the same month last year. However, the number represented a slight decline in the pace at which the company’s sales have been growing this year. For example, from April to October this year, total number of Royal Enfield […]
Maruti Suzuki said it sold 1 lakh units of the 2017 Dzire sedan in just five-and-a-half months after it was released, making it the first car ever to do so. Dzire, built over the Swift platform, was initially targeted at those who wanted a roomy sedan with a dicky instead of the stylish hatchback that […]
The Tata Motors said group global wholesale rose 14% in September to 1,16,419, including numbers for Jaguar Land Rover. Commercial vehicle wholesales, including Tata Daewoo, rose 20% to 41,503. Global wholesales of all passenger vehicles in September 2017 were at 74,916, higher by 10%, compared to September 2016. Within passenger, wholesales for Jaguar Land Rover […]
Tata Motors said retail sales for Jaguar Land Rover were 65,097 vehicles in September, up 6.6% compared to September 2016. This was primarily because of continued “solid sales” of the F-PACE as well as the introduction of the Range Rover Velar, Jaguar XF Sportbrake and long wheel base Jaguar XFL in China, the company said. […]
TVS Motor Company reported one of the strongest increases in its sales in its history, partly due to the compensatory effect of GST-related troubles in the previous month. Total two-wheeler sales registered a growth of 22.1% with sales increasing from 287,449 units last year to 350,854 units in September 2017. Within this, domestic two-wheeler sales […]
Indraprastha Gas Ltd, which sells CNG to the National Capital Region, said it has raised the price of CNG by 95 paise per kg in Delhi and by Rs 1.26 per kg in the consumer price of CNG in Noida, Greater Noida and Ghaziabad. In Rewari, the price will be increased by Rs 1 per […]
Apollo Tyres said it ‘strongly denies’ the Economic Times report that it was trying to acquire South Korea’s No. 2 tyre maker Kumho Tire for $900 million. “Apollo Tyres strongly denies the story headlined ‘Apollo Back in Kumho Race as Geopolitics Sours China Deal’ that appeared in the print edition of ‘The Economic Times’ on […]
