Q5, its latest SUV with a facelift, is a 'luxury crossover' and jack of all trades
Like other global automakers, Toyota has been forced to cut output due to the chip shortage
Festive season hasn't seen strong pick-up, margin pressures continue
Inflation, second Covid-19 wave, semiconductor shortage major reasons behind tepid sales
Globally, Audi has decided to sell internal combustion engine cars only till 2033. It is going to be fully electric cars after that
In the domestic market, the company's wholesales dropped to 5,27,779 units last month from 7,91,137 units in October 2020
The company dispatched 10,488 units of Seltos, 5,443 units of Sonet, and 400 units of Carnival last month to dealers
Mahindra & Mahindra Ltd on Monday reported a 5 per cent year-on-year decline in total wholesales at 41,908 units in October. The company had dispatched a total of 44,359 units in October 2020. Last month, the company's passenger vehicle sales in the domestic market stood at 20,130 units, up 8 per cent from 18,622 units in the year-ago period. Domestic commercial vehicle sales fell to 18,604 units last month from 23,716 units in October 2020. Exports rose to 3,174 units last month, up 57 per cent from 2,021 units in October 2020. Demand for vehicles across our product portfolio remains robust. We have received an unprecedented response for XUV700 and as per our commitment, we have commenced deliveries of the petrol variant to customers," Mahindra & Mahindra CEO Automotive Division Veejay Nakra said in a statement. The supply chain issues around semiconductor related parts continues to be dynamic as the company focuses on managing the situation in the short term, he added.
Domestic two-wheeler sales were also lower at 2,58,777 units last month as compared to 3,01,380 units in October 2020
The company's total dispatches in October 2020 stood at 52,132 units
The company had sold a total of 9,989 units in the same month last year
The company said its exports last month stood at 3,004 units, compared with 75 units in October 2020
Domestic sales slipped 32 per cent
Semiconductors are silicon chips that cater to control and memory functions in products ranging from automobiles, computers and cellphones to various other electronic items
The auto major on Thursday unveiled 21 new commercial vehicles, including trucks, buses and small commercial vehicles
Tata Motors on Thursday unveiled 21 new commercial vehicles, including trucks and buses, to cater to evolving needs of cargo and people transport across segments. The company has unveiled seven products in the medium and heavy commercial vehicles (M&HCV) segment and five products in the intermediate and light commercial segment (4-18 tonne GVW) with CNG powertrains. Besides, the auto major has unveiled four new LCVs (Light Commercial Vehicles) to improve last-mile delivery efficiency and reduce operational cost. It includes Ace with a petrol engine and Winger Cargo for the growing needs of e-commerce distribution. Tata motors also unveiled five passenger commercial vehicles including buses for intra-city transportation requirements. "The engines of infrastructure development, consumer consumption and e-commerce powering the Indian economy require continued transportation support to run seamlessly. "Being the leader in the commercial vehicles, we continue to deliver superior value
Exports of two-wheelers stood at 5,41,767 units as compared to 4,14,271 units in the second quarter last fiscal, a growth of 31 per cent
With fuel prices going up, car market leader Maruti Suzuki India is intensifying its focus on more CNG offerings of its models
An estimated 116,000 vehicles could not be produced due to the electronics component shortage
Toyota Kirloskar Motor (TKM) on Tuesday said it has launched Innova Crysta Limited Edition, priced between Rs 17.18 lakh and Rs 20.35 lakh (ex-showroom). The petrol trims are priced between Rs 17.18 lakh and Rs 18.59 lakh while the diesel variants are tagged between Rs 18.99 lakh and Rs 20.35 lakh. The limited edition comes with various features like multi terrain monitor, head up display, tyre pressure monitoring system, wireless charger, door edge lighting and air ionizer. "Innova has undisputedly been the leader in the MPV segment since its launch, making it one of our flagship products...It has been our continuous endeavor to constantly upgrade our products in line with the evolving trends, mobility needs and customer preferences," TKM Associate General Manager (AGM), Sales and Strategic Marketing V Wiseline Sigamani said in a statement. The company has sold over 9 lakh Innova units in the country till date.