Page 89 - Auto

'EV sales in India to grow at 35%, annual volumes may cross 27 mn by 2032'

The report, 'India Electric Vehicle Market Overview 2023', by energy advisory, software and services firm, Customized Energy Solutions, also predicts a record-breaking sale of 1.7 mn units in 2023

German automobile major Audi's sales jump 89% to reach 7,931 units in 2023

German luxury carmaker Audi on Friday reported 89 per cent growth in retail sales in India at 7,931 units last year as compared with 2022

Tesla planning to bring in smaller batteries for its India car: Report

These smaller batteries are already being used by the company in China and could be key for Tesla to reduce the cost of the car it has proposed to bring to India

No reason for high tariffs on cars from UK, EU: Maruti Suzuki's RC Bhargava

Maruti Suzuki chief says costs of many models 20-30% lower in India

All about upcoming car and bike launches in January 2024; details inside

Here is the list of every upcoming car and bike which are expected to launch in India in January 2024. The famous upcoming vehicles incorporate Mercedes-Benz GLE, and others

Delhi had highest share in total EV sales in country in December: Minister

This is the highest-ever monthly contribution among all states in the country to date, reflecting the success of the Delhi EV Policy launched in 2020

Tata Motors domestic sales rise 4% in Dec; EV sales rise 21% in Q3FY24

Tata Motors' passenger vehicles remained in strong demand including preference for emission-friendly products in the domestic market, the company said

Bajaj Auto logs 16% Y-o-Y boost in Dec sales on high domestic demand

Pune-based Bajaj Auto said that it recorded a 26 per cent jump in two-wheeler (2Ws) domestic sales (Y-o-Y) in December at 158,370 units

Govt extends PLI scheme for auto sector by a year with 'partial amendments'

The Ministry of Heavy Industries on Monday announced the extension of the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with "partial amendments".

PV sales surge past 4 mn, fueled by SUV demand, record December wholesales

Interest rate hikes, high base of 2023 may result in muted volume growth in 2024

Deadline nearing, 70% of FAME target met, 1.22 mn vehicles supported so far

The target is for more than 1.74 million electric vehicles

Festive cheer drives up TVS, Bajaj sales: Two-wheeler boom, export boost

Bajaj Auto reported that the domestic two-wheeler segment witnessed a 26 per cent growth, with sales climbing to 158,370 units in December 2023 from 125,553 units in December 2022

PV sales touch record high in 2023 at 4.1 mn, SUVs continue strong growth

The record sales have been achieved despite an increase in the average price of vehicles to Rs 11.5 lakh last year as compared to Rs 10.58 lakh in 2022

Honda Cars India domestic sales rise 12% to 7,902 units in December

Exports stood at 3,749 units last month as against 1,388 units in December 2022, Honda Cars India Ltd (HCIL) said in a statement

Over 2.5 mn vehicles registered in Maharashtra in '23; 7.91% rise in a year

Interestingly, the data revealed that among the new vehicles registered last year, nearly 17.61 lakh were two-wheelers

Automobile major VECV sales grow over 11% to 8,026 units in Dec 2023

Eicher Motors Ltd on Monday said its arm VE Commercial Vehicles Ltd posted an 11.1 per cent growth in total sales at 8,026 units in December 2023.

Hyundai Motor India total sales grew 9%, reached 765,786 units in 2023

Hyundai Motor India Ltd on Monday reported a 9% year-on-year increase in total sales at 765,786 units in 2023, on the back of record annual domestic sales

Auto major Toyota Kirloskar Motor sales up 45% at 233,346 units in 2023

Toyota Kirloskar Motor on Monday reported a 46% growth in wholesales at 233,346 units in 2023

Maruti Suzuki's total sales dip in December; exports in 2023 all-time-high

Despite the dip in December, Maruti Suzuki's compact segment continues to have the highest share in its total sales followed by utility vehicles and vans

M&M December sales: Domestic SUVs sales up 24% Y-o-Y on strong demand

Cars and vans saw a significant drop of 97 per cent Y-o-Y sales, with the company only selling three units in the last month of the calendar year