Page 98 - Auto

Festive demand, better production lead to highest-ever Nov PV wholesales

Srivastava noted that the industry is expected to close the current financial year with the best-ever yearly wholesales of over 4.1 million units

Honda Motorcycle and Scooter India sales up 20% to 4,47,849 units in Nov

Domestic sales were at 4,20,677 units as against 3,53,553 units in the same month a year ago

India's two-wheeler sales surge in Nov on festive boost, rural demand

Rural India accounts for 55% of total two-wheeler sales and is key for the sector

TVS Motor November sales: Total sales up 31% YoY to 364,231 units

TVS sold a total of 16,872 units of electric two-wheelers in November 2023 as against 10,056 units sold in November 2022

Maruti Suzuki November sales: Total sales up 3.39%, SUV sales rise 50%

The mid-sized sedan, Ciaz clocked just 278 units last month as compared to 1,554 units in November 2022

Tata Motors November sales: Overall sales drop 1% YoY to 72,647 units

Tata's commercial vehicle sales stood at 28,029 units in November 2023, which was down 4 per cent year-on-year from 29,053 units sold in November 2022

VST Tractors November sales: Total sales drop 19%, tractor sales down 46%

The company registered a rise in its YTD sales data until November 2023, which stood at 22,875 units, 6.9% more when compared to 21,393 units sold during the same period last year

M&M November sales: Total sales up 21% to 70,576 units, SUV sales shine

Exports for November 2023 were down 42% year-on-year. Year-to-date exports until November 2023 also dropped 17%, reaching 17,986, compared to 21,633 units exported during the same period in FY23

Bajaj Auto November sales: Total vehicle sales up 31%, exports struggle

Bajaj Auto also reported an impressive jump of 81% Y-o-Y for commercial vehicles, which went up from 177,671 to 321,140 units for November 2023

Toyota Kirloskar Motor sales up by 51% at 17,818 units in November

The company had sold 11,765 units in November 2022, Toyota Kirloskar Motor (TKM) said in a statement

GM says strike cost $1.1 bn but it can absorb rising labour costs

The company now predicts full-year net income of $9.1 billion to $9.7 billion, down from its previous outlook of $9.3 billion to $10.7 billion

Huawei's new smart car firm valued up to $35 bn amid advanced stake talks

Main auto partner Chongqing Changan Automobile and relevant parties will own up to 40% of the new firm, a Changan Auto statement showed

Honda to invest $3.4 billion in electric motorcycles business by 2030

The company highlighted India and the Asean region as places where it aims to expand market share. Mihara said new production facilities will "highly likely" be in India and Southeast Asia

Mercedes names Amrit Baid as head of marketing, customer experience

Baid, who is currently associated with Region Overseas Marketing team of Mercedes-Benz Malaysia, succeeds Pradeep Srinivas who moves to Mercedes-Benz AG headquarters taking up a global role

Rolls-Royce sours on electric-powered planes, says hydrogen needs time

The aviation industry has come under pressure to decarbonize and Airbus SE, the world's biggest planemaker, is betting on hydrogen powered planes entering into service by 2035

Tata Motors launches registered vehicle scrapping facility in Punjab

The facility uses environmentally-friendly processes and has the capacity to disassemble 12,000 end-of-life vehicles safely and sustainably, each year

From budget to luxury, cars to get more expensive from January 2024

Maruti, Tata, M&M, Audi cite cost pressure for pushing up prices

Tesla sues Swedish co as striking workers halt delivery of license plates

Tesla which is non-unionized globally was suing the govt agency because not accessing the registration plates constitutes an unlawful discriminatory attack directed at Tesla

Audi India raises prices of vehicles by 2% from Jan 1 on rising input costs

Audi India registered an 88 per cent growth and has retailed 5,530 units in the first nine months of this year

E-buses expected to account for 11-13% of new bus sales by FY25: Icra

With significant operational savings vis--vis conventional diesel buses, ICRA said it expects the demand for e-buses to continue to rise