Mahindra & Mahindra Ltd on Monday reported a 33 per cent increase in domestic passenger vehicles sales in July this year at 28,053 units, driven by its utility vehicles. The company had sold 21,046 units in the same month last year, Mahindra & Mahindra (M&M) said in a regulatory filing. Domestic utility vehicle sales during the month were at 27,854 units, as against 20,797 units in the year-ago month, a growth of 34 per cent, it added. On the other hand, sales of cars and vans were down 20 per cent at 199 units, as compared to 249 units a year ago, M&M said. M&M President, Automotive Division, Veejay Nakra said the company witnessed robust demand for its brands, including XUV700, Thar, Bolero and XUV300. "The supply chain situation continues to remain dynamic, and we are monitoring the situation closely," he added. M&M said sales of commercial vehicles were at 20,946 units last month, as against 17,666 units in the year-ago month, a growth of 18.56 per ...
MG Motor India on Monday reported a 5 per cent decline in retail sales at 4,013 units in July as production impacted by supply chain constraints
Bajaj Auto on Monday reported a 5 per cent drop in its total two-wheeler sales at 3,15,054 units in July 2022
Auto dealers' body FADA said it expects automakers to launch higher number of models this festive season compared to the last two years when Covid-19 pandemic overshadowed the festive cheer. Federation of Automobile Dealers' Association (FADA) president Vinkesh Gulati had termed 2021 festive season as the "worst" in a decade in terms of business of its retail partners. In an interaction with PTI, Gulati said this time the demand is "too good", except for the non-electric two-wheeler segment which remains the "biggest stress" on the industry owing to a host of factors. "If I compare with the last two years, you will find at least double the model launch during the festive season. Moreover, we are seeing a lot of electric vehicles being launched also. So you will find a lot of launches (ahead of the festive season)," Gulati told PTI. However, most of the new vehicle launches are expected to be in the compact SUV or SUV segment, he said and emphasised that "90 per cent of the launches
The company's global sales of all passenger vehicles were at 2,12,914 units, up from 1,61,780 units in June quarter of FY22
The Hyryder comes with two powertrains -- Neo Drive and Self-charging Strong Hybrid Electric powertrain
Audi India had retailed 1,181 units in the same period last year
Company expects car will impress buyers considering premium offers like Toyota Fortuner, Jeep Meridian and MG Gloster
Hero MotoCorp, Maruti Suzuki, M&M, Bosch and TVS Motor gain up to 13% in a week
The Global NCAP crash-tests cars and rates them according to their safety levels. Here is what it found.
TVS Motor Company on Wednesday reported total sales of 3,02,982 units in May
The country's largest carmaker Maruti Suzuki India (MSI) said its total wholesales in May stood at 1,61,413 units
Tata Motors said its total sales jumped nearly three folds in May to 76,210 units
Toyota Kirloskar Motor (TKM) reported an over 14-fold increase in total vehicle sales to 10,216 units in May, as compared to the same month last year
Skoda Auto India on Wednesday reported an over six-fold increase in sales at 4,604 units in May
MG Motor India on Wednesday reported a two-fold increase in its retail sales at 4,008 units in May
Maruti Suzuki India (MSI) has lined up Rs 5,000 crore capex for various initiatives, including new product launches, for the current financial year, according to a senior company official.
The Mumbai-based auto major launched the model in 2016 under its impact design philosophy
The overall retail sales fell to 16,19,181 units last month from 16,66,996 units sold during the corresponding month of 2021
The country's leading automakers Maruti Suzuki and Hyundai Motor reported a decline in dispatches to dealers in March as shortage of electronic components impacted production. On the other hand, Tata Motors, Skoda and Kia India posted their highest ever monthly wholesales last month. Toyota Kirloskar Motor said its dispatches in March were the highest in the last five years while Mahindra & Mahindra also reported a robust increase in its passenger vehicle dispatches in March. The country's largest carmaker Maruti Suzuki India (MSI) said its domestic dispatches in March declined 7 per cent to 1,43,899 units from 1,55,417 units in the year-ago period. For the full financial year 2021-22, the company posted a total sales of 16,52,653 units, a growth of 13 per cent over 2020-21. "The shortage of electronic components had some impact on the production of vehicles in FY 2021-22. The company took all possible measures to minimise the impact. As the supply situation of electronic ...