Page 12 - Car Sales

Maruti Suzuki June sales at 122,685 units, down 1.2% due to chip crunch

However, if sales of Baleno and Brezza models to Toyota Kirloskar and of LCV Super Carry are included, the dispatches were up from 130,348 units a year ago to 132,024 units last month

M&M drives in Scorpio-N, hopes to stay in top gear with 'disruptor SUV'

Company expects car will impress buyers considering premium offers like Toyota Fortuner, Jeep Meridian and MG Gloster

Hyundai total sales at 51,263 units in May; exports at 8,970 units

The company's two plants in Chennai observed the scheduled biannual maintenance shutdown leading to no production for six days in the month (May 16-21), the automaker said in a statement.

Utility vehicles' share in sales expected to rise steadily: Fitch Ratingss

Share of utility vehicles in car sales expected to be on an upward trajectory amid growing popularity of such vehicles and automakers' reduced focus on compact hatchbacks owing to rising production

PV dispatches dip 4% in April as supply challenges remain, says SIAM

Total passenger vehicle domestic wholesales stood at 251,581 units last month as compared to 261,633 units in April 2021

Honda Cars reports 13% dip in domestic sales to 7,874 units in April

Honda Cars India Ltd (HCIL) on Sunday reported a 13 per cent decline in domestic sales to 7,874 units for April.

Supply chain worries for auto sector to continue even as demand improves

Industry fears Russia-Ukraine war will further dent recovery prospects as supply chains will be disrupted further

Car sales in India rise but automakers warn of supply chain disruptions

Tata Motors, which is also India's largest electric carmaker, reported its highest ever annual sales of passenger vehicles, up 67% to 370,372 units from a year ago

Skoda reports best monthly sales in March; dispatches rise to 5,608 units

Skoda Auto India on Friday reported a five-fold increase in its sales to 5,608 units in March compared to 1,159 units in the same month last year.

Maruti Suzuki plans to take car subscription business to more cities

The company is getting more than 7,000 enquiries every month. But the conversion rate is low with 100-110 enquiries getting converted to actual order and Maruti wants to improve that

Flattish so far, market for three-row, seven-seater SUVs heats up

With prices starting from Rs 899,000, Kia launches the Carens

Maruti Suzuki opens bookings for its hatchback Baleno; know details here

Customers can book the new Baleno with a payment of Rs 11,000

Toyota Kirloskar Motors temporarily stops bookings for newly launched Hilux

Toyota Kirloskar Motors on Thursday said it has temporarily stopped bookings for its newly launched premium utility vehicle Hilux, considering various factors impacting the supply

Kuwy launches a platform for complete online car sales process

Automotive fintech startup Kuwy on Thursday said it has launched a platform for complete online car sales process by bringing together buyers, sellers and lenders. The Chennai-based company, which is a subsidiary of Volkswagen Finance, introduced - KUWYLaaS, an AI-driven platform with block chain technology to complete car sales online. In addition to democratising online car sales with complete transparency, the technology provides greater level of information to power the choice as well as right decision making for all three - seller, buyer and lender. "KUWYLaaS will jump start the journey of online car retailing in India. The technology innovation in the KUWYLaaS will not only eliminate all the challenges associated with online car sales today but also provide deeper insights that will enable the completion of online transactions," Kuwy CEO & Co-Founder B Ganesh Kumar noted. The platform allows a customer to select finance options, choosing a lender and getting instant approval

Maruti Suzuki reports marginal increase in production in January

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it has witnessed a marginal increase in production last month. In a regulatory filing, the auto major reported a total production of 1,61,383 units in last month as compared to 1,60,975 units in January 2021. "The shortage of electronic components had a minor impact on the production of vehicles during the month," it noted. MSI said total passenger vehicle production stood at 1,57,668 units last month, against 1,56,439 units in January 2021. Production of mini cars comprising Alto and S-Presso models stood at 23,321 units last month as compared to 27,665 units a year ago. Manufacturing of compact cars, comprising WagonR, Celerio, Ignis, Swift, Baleno, and Dzire, rose to 87,165 units from 86,282 units earlier, MSI said. Similarly, production of utility vehicles -- Gypsy, Ertiga, S-Cross, Vitara Brezza, and XL6 -- increased to 33,550 units last month from 29,199 units in the corresponding month of 2021. The

Hyundai India reports 11% dip in total sales at 53,427 units in January

Hyundai Motor India on Tuesday reported a 11.11 per cent decline in total sales at 53,427 units in January 2022.

Maruti Suzuki sales dip 4% to 154,379 units in January 2022

The company had sold 160,752 units in January 2021

M&M records almost 100,000 bookings of XUV700, bills 14,000 units

Mahindra & Mahindra Ltd on Thursday said it has clocked almost one lakh bookings of its latest sports utility vehicle XUV700 besides billing the first 14,000 units of the vehicle by January, despite global supply chain issues. The company in a statement also said that while the dynamic supply chain issues continue to be a challenge in streamlining and ramping up production, it is doing its best and focusing on meeting its committed delivery timelines to customers. Given the unprecedented bookings and the continued strong demand for the vehicle, the waiting period for most variants stands at 6-10 months. However, the AX7 series has a waiting period of well over 12 months, it stated. The homegrown auto major had launched XUV700 in August last and opened bookings from early October. The deliveries of the XUV700, however, commenced only from October 30. Priced between Rs 12.95 lakh and Rs 23.79 lakh (ex-showroom), the five- and seven-seater XUV700 comes in two broad trims MX and AX ..

Hyundai Creta tops SUV exports from India in 2021 with 32,799 units

Hyundai Motor India on Tuesday said its model Creta has led the SUV exports from India in 2021 with dispatches of 32,799 units. Overseas shipments of the model grew 26.17 per cent year-on-year over 2020 when it had dispatched 25 995 units. In total, the automaker noted that it exported 42,238 SUVs last year. "Ever since its global debut, Creta has been a runaway success in domestic and international markets alike. It has been successful in evoking aspirations and has stood the test of time by retaining customer appreciation, thereby playing a strategic role in Hyundai's Global SUV portfolio," Hyundai Motor India Ltd (HMIL) MD & CEO Un Soo Kim said in a statement. With Creta being the most exported SUV from India, it makes Hyundai one of the most loved SUV brands across the company's overseas markets as well, he added. Besides Creta, the automaker exported 7,698 units of Venue and 1,741 units of Creta Grand (Alcazar). Overall, HMIL registered cumulative exports of 1,30,380 units i

Toyota Kirloskar drives in Hilux brand; deliveries to begin in April

Toyota Kirloskar Motor on Thursday launched the iconic SUV model Hilux in the country.