Porsche Korea, Honda Korea and three other auto companies will voluntarily recall over 23,000 vehicles to fix faulty components, the transport ministry said
The industry body says while EV segment as a whole grew by 157% during FY23, govt policy should be clear on how much manufacturers can get and how to encash on the subsidy
Kia India announced the re-opening of Kia EV6 booking in India from April 15. The Kia EV6 was launched last year and hiked its price January to Rs 60.95 lakh (ex-showroom)
The company, which had sold 432 units of EV6 in 2022, further said it plans to expand the 150 kW high-speed charger network from the existing 15 dealerships to all 60 outlets
Overall two-wheeler sales were at 2,47,002 units as against 2,56,324 units in the same month a year ago, down 4 per cent, the company said
The two-wheeler segment fell to seven years low with total retails of 15.9 million during the year. EV penetration in this category during the year was at 4.5 per cent
Tesla Model Y becomes the best-selling car in Europe in February, as Tesla lowered its price by 20% from $65,990 to $52,990
Tata Motors, a leading SUV player, has said it continued to be "agile" and was monitoring situation
Among passenger vehicles, Maruti Suzuki saw a 0.8% decline in domestic sales, while Tata Motors reported a 4.1% jump in sales
Rural consumption will be crucial in the near-term for two-wheelers, while tractor sales have been healthy due to higher crop prices and adequate water reservoir levels
Though EVs have fast gained traction; CNG vehicle sales are up 82% in 5 years
Highest ever passenger vehicle sales in a financial year
Maruti Suzuki India on Saturday said its total sales declined marginally to 1,70,071 last month as compared with 1,70,395 units in March 2022.
Domestic dispatches in March 2023 rose 13 per cent to 50,600 units as compared with 44,600 units a year ago
"We are extremely pleased to close this fiscal year on a positive note and expect continued momentum and growth in the fiscal of 2024-2025," the company said
For the 2022-23 fiscal, the automaker sold 2,69,229 units, a growth of 44 per cent over 1,86,787 units in 2021-22
The company had retailed 4,721 units in March 2022
Automaker Maruti Suzuki India Ltd on Wednesday said it has crossed the 2.5 mn units milestone of cumulative exports since starting overseas shipments in 1986-87
Toyota unveiled its new 2023 Fortuner Modellista and 2023 GR Sport at Bangkok International Motor Show will take place between March 22 to April 2, 2023
'Diesel, petrol and electric cars will coexist in premium segment'