Page 95 - Auto

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

MG Motor India posts 18% growth in retail sales at 56,902 units in 2023

In December 2023, the company's retail sales were 4,400 units, up 13 per cent from the year-ago month, MG Motor India said in a statement

Delhi govt to extend its electric vehicle policy for another three months

The Delhi Electric Vehicles Policy, 2020, expired on August 8 this year and since then it has received repeated extensions

FAME III: India to replace 800k diesel buses with electric over 7 years

To drive EV adoption in India, the government is devising a plan to replace nearly one-third of diesel buses on roads

China's Xiaomi unveils first electric car, plans to become top automaker

The sedan, dubbed the SU7, is a highly anticipated model that is expected to make the most of its shared operating system with the company's popular phones

Govt 'very hopeful' of Tesla setting up plant in state: Guj Minister

Patel said communication (with Tesla) was on and this may be the reason such news (of firm planning factory in the state) was published

Xiaomi to reveal cutting-edge EV technology on December 28: Details here

Xiaomi is planning to make its first set of cars by the first half of 2024. The company has been actively hiring experts from around the world to advance in-house autonomous driving technology