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Hyundai Creta on a roll: Company sells 64,563 vehicles in July 2024

by Adesola Mojo
Hyundai Creta on a roll: Company sells 64,563 vehicles in July 2024

Hyundai Motor India today announced its overall sales figures for July 2024. The Korean automaker sold a total of 64,563 units last month, the total sales for July include domestic …

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Categories Automobile

auto component industry: Auto component industry turnover up 10 pc at Rs 6.14 lakh crore in FY24: ACMA

by Adesola Mojo
auto component industry: Auto component industry turnover up 10 pc at Rs 6.14 lakh crore in FY24: ACMA

The turnover of the automotive component industry rose by 9.8 per cent year-on-year to Rs 6.14 lakh crore for the fiscal ended March 31, 2024, industry body ACMA said on …

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Categories Automobile

Vredestein shows ‘tech readiness’ for premium segment, 12% revenue from exports: Neeraj Kanwar, MD, Apollo Tyres

by Adesola Mojo
Vredestein shows ‘tech readiness’ for premium segment, 12% revenue from exports: Neeraj Kanwar, MD, Apollo Tyres

Apollo Tyres, one of India’s leading tyre manufacturers, has witnessed significant growth in recent years. The company achieved 65 percent net profit increase for FY 2024. Comparing FY 2023-24 to …

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Categories Automobile

tyre industry: Tyre exports from India recorded at Rs 23,073 cr in FY24

by Adesola Mojo
tyre industry: Tyre exports from India recorded at Rs 23,073 cr in FY24

The total tyre exports from India during 2023-24 stood at Rs 23,073 crore, matching previous year’s figure on the back of a sharp recovery in the second half of the …

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Categories Automobile

two-wheeler sales: May 2024, saw marginal decline in domestic 2-wheeler sales, exports however were up

by Adesola Mojo
two-wheeler sales: May 2024, saw marginal decline in domestic 2-wheeler sales, exports however were up

The two-wheeler sales in India experienced a marginal decline in May as compared to the same period in the previous year. The major two-wheeler manufacturers of the country reported a …

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Categories Automobile

Maruti Suzuki hits milestone with 5,000th service touchpoint opening

by Adesola Mojo
Maruti Suzuki hits milestone with 5,000th service touchpoint opening

The country’s largest carmaker Maruti Suzuki Tuesday said it is looking to strengthen its service network in line with an increase in sales over the next few years. The company, …

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Categories Automobile

Wheels India Ltd: Wheels India records 64.3 per cent rise in Q4 net at Rs 36.8 crore

by Adesola Mojo
Wheels India Ltd: Wheels India records 64.3 per cent rise in Q4 net at Rs 36.8 crore

Wheels India Ltd has reported a 64.3 per cent rise in its net profit for the January-March 2024 quarter at Rs 36.8 crore on the back of exports doing well, …

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Categories Automobile

India PV sales: Ignored by desis, small cars are driving Made in India ambitions elsewhere

by Adesola Mojo
India PV sales: Ignored by desis, small cars are driving Made in India ambitions elsewhere

The average Indian in 2024 might prefer to buy a tank-sized automotive beauty with all the frills over a smaller car. However, what the desis seem to be rejecting, are …

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Categories Automobile

Revenue growth of auto component industry to moderate to 5-7 pc in FY25: Report

by Adesola Mojo
Revenue growth of auto component industry to moderate to 5-7 pc in FY25: Report

Annual revenue growth of leading auto component manufacturing companies will come down to 5-7 per cent in the next fiscal due to moderation in domestic volumes and a drop in …

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Categories Automobile

Tata Motors Sales Jan ’24: Record 54,033 with SUVs Contributing Over 40,000 |

by Adesola Mojo
Tata Motors Sales Jan ’24: Record 54,033 with SUVs Contributing Over 40,000 |

Tata Motors has revealed its sales figures for January 2024. The manufacturer has started the year on a strong note, registering its highest-ever sales of 54,033 passenger vehicles, including EVs …

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Categories Automobile
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