Maruti Suzuki roars back, as SUV sales more than double in August

Maruti Suzuki Ltd, India’s largest auto maker, reported robust numbers for August, as it consolidated its recently acquired status as India’s top SUV maker. The company’s total vehicle sales for August rose 14.5% on the year to 1.89 lakh vehicles, led by strong sales of SUVs. The automaker, which recently launched the much-awaited 4-wheel drive […]

Auto Sales February: Tata Motors on for another record, Maruti Suzuki to again decline

Tata Motors, India’s second biggest automaker, is on track to set another monthly record in terms of passenger auto sales in February, even as market leader Maruti Suzuki will continue to see a year-on-year decline, according to Emkay Research. The third major listed automaker, Mahindra & Mahindra is also scheduled to report a strong February […]

Delivery bike specialist Baaz raises Rs 15 cr VC capital

ElecTorq Technologies, which makes delivery-oriented Baaz electric bikes, said it raised $2 mn from investors such as Kalaari Capital, AdvantEdge, 9Unicorns and Sumant Sinha to fund its expansion plans. The company focuses on delivery workers with its bikes and automatic battery swapping network. “We are getting bombarded with requests from gig workers to join our […]

January Auto Sales: Maruti Suzuki declines again, but less this time

Maruti Suzuki reported better numbers as part of its January Auto Sales performance compared to recent months, with India sales declining only 7% compared to the same month of last year. This is comparatively better than its performance in recent months. In November, for example, its domestic passenger vehicle sales fell by a whopping 19% […]

January Auto Sales: Tata Motors sets another record, VECV declines

Tata Motors Ltd, India’s second largest passenger vehicle maker, has posted yet another record-breaking monthly sales number, selling a whopping 72,485 vehicles in January 2022. Unlike in the last 18 months or so, the growth in the first month of 2022 has come from both the commercial vehicle as well as the passenger vehicle business. […]

Ahead of Hero MotoCorp’s EV launch, Hero Electric ties up with M&M for joint development

With only days remaining for the entry of Hero MotoCorp into the electric scooter market, Hero Electric — run by relatives of the promoter family of Hero MotoCorp — have entered into a five-year agreement with Mahindra & Mahindra, a rival of Hero MotoCorp and one of India’s largest automakers. Under the contract, Mahindra & […]

Dec UV Sales: Creta, Venue, Sonet, Seltos down; Magnite, Astor, Crysta up

Sales trends of December 2021 show the rise of a new bunch of compact and entry-level utility vehicles such as the Nissan Magnite, MG Astor, Tata Punch, Skoda Kushaq and Volkswagen Taigun, at the cost of older models like Hyundai Creta, Kia Seltos, Kia Sonet, MG Hector, Tata Punch and Hyundai Venue. Two exceptions to […]

The secret Punch behind Tata Motors’ auto sales out-performance

Auto sales in the final three months of 2021 will be remembered for the solid out-performance of Tata Motors during the period, boosted by one key model — the affordable, mini SUV Punch. The strong numbers racked up by the entry-level UV have helped Tata Motors overtake Mahindra & Mahindra in the compact utility vehicle […]

Bajaj Auto beats Hero MotoCorp, TVS Motor Co in December two-wheeler sales

Bajaj Auto emerged as the best performer in December two-wheeler sales in the domestic market by posting relatively flat numbers while others such as TVS Motor Co and Hero MotoCorp saw sharp declines in their India sales. Bajaj Auto escaped the sharp declines by reporting sales of 1.28 lakh units in India in the final […]

Volvo Eicher beats M&M, Ashok Leyland & Tata Motors in December CV sales

Smaller truck manufacturers Volvo Eicher (VECV) and Mahindra & Mahindra were able to show a better turnaround in their December auto sales in India compared to bigger peers and market leaders Tata Motors and Ashok Leyland, with Eicher reporting particularly strong numbers. For example, in heavy duty trucks, Volvo Eicher led the growth with a […]

TVS Motor, Hero MotoCorp both see sales slowdown in December

Hero MotoCorp, the world’s No.1 motorized two-wheeler maker, and rival TVS Motor Co both reported declines in their December auto sales. While Hero MotoCorp’s December sales fell by 12% in the domestic market, TVS Motor Co reported a fall of 17% in its domestic market sales during the month. TVS MOTOR CO TVS Motor Co’s […]

Tata Motors again beats Mahindra & Maruti Suzuki – December Auto Sales

Tata Motors once again surprised analysts with exceptionally strong sales numbers for December 2021, posting a whopping 50% jump in passenger vehicle sales for the month compared to December of 2020. With this, the company’s passenger division has set a new yearly record by crossing the 3.31 lakh/year mark during the 2021. It also set […]

Maruti Suzuki denies demand problems, says rural demand intact

India’s largest car maker Maruti Suzuki today denied that it was facing problems with demand, and said the recent slowdown in sales is because of availability of semiconductor chips. Shashank Srivastava, executive director in charge of sales and marketing, denied that the company was facing any issues liquidating its inventory, and said stocks were well […]