Maruti Suzuki India on Monday said it shipped over two lakh vehicles in 2021, its highest ever in a calendar year, to various markets across the globe. The company exported 2,05,450 vehicles in 2021, the country's largest carmaker said in a statement. This is the highest ever export figure in any calendar year by the company, it added. "This milestone reflects the confidence of customers around the world in the quality, technology, reliability, performance and cost effectiveness of our cars. We thank our parent company, Suzuki Motor Corporation and their distributors across global markets for their reach and support, especially in such challenging times," Maruti Suzuki India MD & CEO Kenichi Ayukawa stated. The company stands committed to live upto the trust placed by global customers and will continue to delight them, he added. The company currently exports around 15 models, including the most recent additions Jimny, Suzuki's compact off-roader and the all-new Celerio. The top .
New launches would include all-new models like the Scrambler 800 Urban Motard, Streetfighter V2, Multistrada V2, Multistrada V4 Pikes Peak, Streetfighter V4 SP, MY22 Panigale V4 and the X
Shares of the world's most valuable carmaker were up about 7% at $1,126.5 in premarket trading
Total exports (both two-wheelers and commercial vehicles) also declined 7 per cent
In the third quarter ended December 2021, the company said its total passenger vehicle sales stood at 99,002 units as compared with 68,806 units sold the same period in the previous year
As with the rest of the Indian auto industry, Volvo Car has also been impacted by rising input costs, the firm's MD said
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The minister pointed out that flex fuel vehicles are capable of running on a combination of 100 per cent petrol or 100 per cent bio-ethanol and their blends
Daimler said India was a key hub for its trucks, with the Indian subsidiary not only serving the 'growing' domestic demand, but also shipping to over 60 destinations across the globe
It also said that the market size is expected to grow to USD 70.8 billion by 2030 at a Compounded Annual Growth Rate of 14.8 per cent between 2021 and 2030
Gadkari also said the government is working to encourage the use of green and alternative fuels
The industry body, however, noted that it expects the semiconductor shortage situation to normalise by the second half of next year
The company has integrated the innovative location technology of what3words into its customer app TVS Connect
The product refreshments in both these models have helped retain huge customer interests and orders
The strong intent to purchase a vehicle reflected a healthy recovery in overall spending habits, it added
South Korean auto major Hyundai Motor Company on Friday announced a top level change in its Indian operations with Unsoo Kim slated to take over as Managing Director from January 1, 2022.
The company had introduced the second generation of the compact sedan in May 2018
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CarTrade Tech said it is actively looking for companies in all aspects of the automobile ecosystem
The company, which unveiled its all new model -- Carens -- for the Indian market, is considering all aspects related to the electric vehicle (EV) segment before coming out with a final blueprint