Page 13 - Auto

Indian operations to play key role in Skoda Auto's entry into Vietnam

India is emerging as a key manufacturing hub for the Skoda Group that will venture into the Vietnamese market, the Skoda Auto Volkswagen India Private Ltd said on Wednesday.

Maruti Suzuki India logs 28% rise in exports at 263,068 units in 2022

The highest exported models in 2022 were Dzire, Swift, S-Presso, Baleno and Brezza, the company said in a statement

Superbike-maker Ducati lines up 9 motorcycle models for India in 2023

Ducati India MD said the company witnessed 15% sales growth last year, while also registering its highest revenue in the last five years

BMW and MINI sell 19,263 units, register growth of 35% in India last year

Customer deliveries of cars of both brands BMW and MINI registered a growth of 35 per cent at 11,981 units last year

SMEV seeks extension of subsidies for EVs under FAME-II in Budget

"The validity of FAME II is set to expire on March 31, 2024. We believe FAME's validity needs to be extended since we have yet to meet the penetration the subsidy was supposed to catalyse: SMEV

Sold record 1.3 mn vehicles last year, number short of target sales: Tesla

The shortfall came despite a major year-end sales push that included rare USD 7,500 discounts in the US on the Models Y and 3, the company's top-selling models

Aided by SUVs, Hyundai Motor India posts highest-ever sales in 2022

The rise is mainly credited to better performance in the sports utility vehicle (SUV) segment by the company and the industry

Kia India records 94.7% rise in domestic sales at 15,184 units in Dec

Automaker Kia India reported a 94.7 per cent increase in domestic sales at 15,184 units in December

Domestic auto parts makers benefit from supply disruptions from China

While they have not been able to make a huge dent globally, their operations have grown with OEMs in India beginning to lean on them more heavily for supplies

Maruti Suzuki's production falls 18% to 124,722 units in December

Maruti Suzuki India's production in December 2022 was lower by 17.96 per cent at 1,24,722 units

Utility vehicles sales rise in Dec, demand for entry-level cars muted

Utility vehicles (UV), among the fastest-growing segments, saw a 22.3% rise in sales at Maruti Suzuki India and 62.2% at Mahindra and Mahindra

TVS Motor sales decline 3.6% in December as motorcycles hit rough patch

Motorcycle sales dipped by 6.7% to 124,705 units in Dec 2022; iQube electric sales provide silver lining, rise 10-fold YoY

Audi sales rise 27.14% to 4,187 units in 2022 on strong product portfolio

The luxury carmaker also said it has increased the prices of its vehicles by up to 1.7 per cent in most of its models from January 1

VE Commercial Vehicles total sales rise 17.3% to 7,221 units in Dec

VE Commercial Vehicles Ltd reported a 17.3 per cent growth in total sales at 7,221 units in December 2022

Mahindra & Mahindra reports total sale of 56,677 units in Dec 2022

Automobile major Mahindra & Mahindra Ltd (M&M Ltd), on Monday said that its overall auto sales for the month of December 2022 stood at 56,677 vehicles

Hero MotoCorp total sales fall marginally to 394,179 units in Dec

Two-wheeler maker Hero MotoCorp on Monday reported a marginal decline in total sales at 394,179 units for December 2022

2022 car sales zoom 23% to record high of 3.8 mn; 14% higher than 2018 peak

This is mainly on pent-up demand and better semiconductor chip supply

Electric two-wheeler sales may miss FY23 target of 1 mn units by 20%: SMEV

The original equipment manufacturers (OEMs) dominated the E2W market, controlling over 50 per cent of the total market share, and emerged as the top players in the category

EV industry ends 2022 with one million unit sales; worries loom ahead

Despite consumer interest EVs, reluctance on the part of the auto industry to invest more in them, lack of long-term policy and the rising number of Covid cases put the sector at risk

MG Motor India retail sales rise 53% to 3,899 units in December 2022

MG Motor said it has continued to foster EV adoption in the country in the form of multiple industry partnerships such as those for charging station installations with JioBP and BPCL