Tesla Model Y becomes the best-selling car in Europe in February, as Tesla lowered its price by 20% from $65,990 to $52,990
Tata Motors, a leading SUV player, has said it continued to be "agile" and was monitoring situation
Among passenger vehicles, Maruti Suzuki saw a 0.8% decline in domestic sales, while Tata Motors reported a 4.1% jump in sales
Rural consumption will be crucial in the near-term for two-wheelers, while tractor sales have been healthy due to higher crop prices and adequate water reservoir levels
Though EVs have fast gained traction; CNG vehicle sales are up 82% in 5 years
Highest ever passenger vehicle sales in a financial year
Maruti Suzuki India on Saturday said its total sales declined marginally to 1,70,071 last month as compared with 1,70,395 units in March 2022.
Domestic dispatches in March 2023 rose 13 per cent to 50,600 units as compared with 44,600 units a year ago
"We are extremely pleased to close this fiscal year on a positive note and expect continued momentum and growth in the fiscal of 2024-2025," the company said
For the 2022-23 fiscal, the automaker sold 2,69,229 units, a growth of 44 per cent over 1,86,787 units in 2021-22
The company had retailed 4,721 units in March 2022
Automaker Maruti Suzuki India Ltd on Wednesday said it has crossed the 2.5 mn units milestone of cumulative exports since starting overseas shipments in 1986-87
Toyota unveiled its new 2023 Fortuner Modellista and 2023 GR Sport at Bangkok International Motor Show will take place between March 22 to April 2, 2023
'Diesel, petrol and electric cars will coexist in premium segment'
Panel recommends extension of scheme
Spot steel prices have been rising both globally and at home since December; a hike of over 12% in the domestic market would have been the basis of negotiations for the upcoming contracts
Vehicles should be parked away from homes even if they are turned off because they could experience an electrical short that could start a fire, US National Highway Traffic Safety Administration said
There were rumours that Hyundai was planning to bring its micro SUV Casper, to India, but recent sightings have confirmed that it is not the Hyundai Casper, but an entirely new vehicle
Mercedes-Benz is the market leader in the luxury car market of India with about 44 per cent share
Company increases market share in commercial vehicle segment, credits 'development initiatives in key industries'