Two-wheeler manufacturer Hero MotoCorp Ltd said it will launch its Maestro Edge 125 model and XPulse models by this month. The company produces scooter models such as Destini 125, Duet, Maestro Edge and Pleasure. Close to 10% of its total sales are from scooters. The Hero Maestro will now join the Destini 125 in the […]
Indian car manufacturer Mahindra and Mahindra said it signed a deal with Ford India to jointly develop and supply a midsize sports utility vehicles, the C-SUV. As per the agreement, Ford and its affiliate companies will invest Rs 680 crores for the development of vehicles over a period of 10 years. The number of SUVs […]
Automobile manufacturer Maruti Suzuki said that its Celerio models crossed the one lakh annual sales milestone. Celerio sold 1.03 lakh units of vehicles in 2018-19, an increase of 10% from previous year. Apart from Celerio, other Maruti Suzuki cars in the club of over 1-lakh sales include Vitara Brezza, Dzire, Baleno, Swift, WagonR and Alto. […]
Global wholesales of Tata Motors Group, including Jaguar Land Rover, declined 5% in March this year. The group sold 1.45 lakh vehicles during the month. Last week, Tata Motors had announced that its domestic retail sales had dropped by 1%, or 700 units, to 68,709 owing to ‘weaker consumer sentiments’. In the wholesale numbers, commercial […]
Two-wheeler maker TVS Motors on Wednesday said it has sold 1 lakh units of TVS Radeon within seven months of the launch of the 110cc commuter motorcycle, or close to 15,000 motorcycles per month. The bike, a potential rival to Hero Splendor and Honda Yuga, was launched in August at a starting price of Rs […]
Maruti Suzuki, India’s largest auto maker, reported a decline in its monthly sales for the second consecutive month in March, as exports fell by 12.9% and domestic market sales fell by 0.7%. Total vehicle sales, including exports, were down 1.6% at 1.58 lakh units compared to the 1.60 lakh units sold in March 2018. Total […]
Amid reports that the two-wheeler industry in India is bracing for production cuts to deal with a dip in demand, Bajaj Auto, one of India’s biggest motorcycle maker, said it is not curtailing production as of now. Bajaj Auto MD Rajiv Bajaj said the company does not feel a need to cut production at present. […]
The global wholesales of Tata Motors Group, including Jaguar Land Rover, declined 9% in February this year. The group sold 1,10,262 units of vehicles last month, Tata Motors said in a statement. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in February this year were at 84, 512 numbers, lower by […]
Tata Motors reported a 5% decline in its commercial vehicle sales in India for the month of February, while passenger vehicle sales were up 2% for the month. More worryingly, most of the loss in volume were in high-value items, such as medium and heavy trucks (down 18%) and commercial passenger vehicles (also down 18%). […]
Commercial vehicle maker Ashok Leyland reported a 2% drop in sales of medium and heavy commercial vehicle domestic sales for February as the Indian auto industry grapples with an overall slowdown.However, a 9% jump in the light commercial vehicle segment supported overall volumes, helping the automaker post a 1% increase in its total domestic sales […]
Mahindra & Mahindra received a much needed boost in February with the launch of the moderately priced XUV300 compact SUV. The company, which had reported zero growth in its SUV sales in January, was able to post a jump of 3,372 in its total UV sales for the month of February. Total UV sales jumped […]
Maruti Suzuki, India’s largest auto maker, reported a marginal decline in its February 2018 sales, as exports fell 20% and domestic market sales rose 0.9%. Total vehicle sales, including exports, were down 0.8% at 149 lakh compared to February 2018. The monthly performance is largely similar to what was seen in January, when domestic market […]
Bajaj Auto, the country’s biggest two-wheeler exporter, reported a jump of 16% in its February exports, and an increase of 6% in domestic sales. Overall, the company’s total sales for the month were up 10%. Bajaj Auto sold 1.87 lakh motorcycles in India during February, and exported 1.41 lakh. The performance is well below what […]
Escorts, one of India’s biggest tractor makers, reported a 12% jump in its unit sales in February. The company sold 7,240 tractors in February this year, versus 6,462 last year, including exports. Exports nearly doubled to 322 this year from 167 last year. Sales of tractors within India increased by 10% to 6,295, which is […]
As muted consumer sentiments continued in January 2019, Tata Motors Commercial and Passenger Vehicles Business sales in the domestic market witnessed a drop of 8% at 54,915 units as against 59,441 units sold over last year. The cumulative sales for the domestic market (April 2018 -January 2019) grew by 21% with 552,887 units as compared […]
The Tata Motors said global wholesales for the group for the month of November 2018, including Jaguar Land Rover, fell 7% on year to 104,964. Within this, commercial vehicle numbers fell by 6% and passenger vehicle numbers by 7%. Total CV wholesales, including Tata Daewoo, were at 38,535 nos. Passenger vehicles sales were at 66,429, […]
Jaguar Land Rover reported an 8% decline in its November retail sales, reflecting what the premium auto-maker called “continuing challenging market conditions in China”. Sales in China were down 50.7% as “market conditions remain difficult with continuing consumer uncertainty following tariff changes and trade concerns.” The company said it was “focused on taking all the […]
TVS Motor Co emerged as a strong performer in November, with a 28% jump in domestic two-wheeler sales volumes. This was far higher than the 0.8% jump shown by market leader Hero MotoCorp. TVS’ two-wheeler exports too jumped 24% during the month, taking the overall two-wheeler sales growth to 26% for the month of November. […]
Bajaj Auto reported a 45% jump in two-wheeler sales in India in November, while overall sales of two-wheelers and three-wheelers, including exports, were up 25%. India two-wheeler sales jumped to 2.05 lakh in November from 1.42 lakh last year. However, compared to October, sales were down from 2.82 lakh. Nevertheless, the performance is better than […]
Hero MotoCorp reported only a modest increase in November sales, after two months of record-setting performance. Overall two-wheeler sales came in at 6.10 lakhs in November, up from 6.05 lakh in the same month last year. In percentage terms, the increase is less than 1% (0.8% to be precise), despite it being a festival month. Compared […]
