The country’s largest car maker Maruti Suzuki’s sales in April increased by 4.7 percent to 1,68,089 units. The company’s passenger vehicle sales in the country stood at 1,37,952 units. It had sold 1,37,320 units in the same period last year. However, its sales have declined in the mini segment. Last month, Maruti Suzuki’s sales in…
April sales of Honda Motorcycle and Scooter India (HMSI), one of the largest two-wheeler companies, have increased by 45 percent on a year-on-year basis. Last month the company’s sales stood at 5,41,946 units. This includes sales of 4,81,046 units in the country and export of 60,900 units. Last month the company also crossed sales of…
The number of companies stopping advertising on micro blogging site Twitter is increasing. Automobile company Stellantis has also informed about stopping all advertisements on Twitter. Stellantis says she’s looking forward to seeing how the platform changes under Twitter’s new owner. “We are pausing ads until there is clarity regarding the future of Twitter under new…
Elon Musk, chief executive of American electric car maker Tesla, is facing difficulties after purchasing micro blogging site Twitter. Due to Musk paying more attention to Twitter, there is a huge selloff in Tesla shares. Tesla’s market capitalization has fallen by nearly half since Musk made the bid for Twitter in April. Musk’s net worth…
The world’s richest person Elon Musk has sold shares worth at least $3.95 billion in electric car maker Tesla just days after buying Twitter. Musk is the Chief Executive Officer of this company. He said in August that he would sell Tesla shares only if he was forced to buy Twitter. In the regulatory filing…
Hyundai Motor, one of the big automobile companies, has offered discounts on many of its models this month. This includes Exter SUV, Grand i10 Nios, i20 and sub-compact SUV Venue. There is no discount on the company’s Creta which is sold in large numbers. a media Report According to , the highest discount is being…
The country’s largest car maker Maruti Suzuki on Thursday launched a new version of hatchback Swift. Its starting price is Rs 6.49 lakh (ex-showroom). Booking for this can be done for Rs 11,000. Test drives and deliveries of the new Swift can start from May 12. It will be available in nine exterior color options,…
Tata Motors, one of the big automobile companies, estimates that the demand for passenger vehicles may be affected in the first half of this financial year due to the Lok Sabha elections. The Lok Sabha elections began in mid-April and will end with vote counting in early June. a media Report Tata Motors Chief Financial…
Two-wheeler sales in the country grew by 30.8 percent in April on a year-on-year basis. About 17.5 lakh units of two-wheelers have been sold in the first month of the current financial year. Total passenger vehicles sales have set the highest monthly sales record at 3.36 lakh units. However, compared to the same month last…
Mahindra & Mahindra, one of the major automobile companies, launched the compact SUV XUV 3XO late last month. Its booking will start from May 15. XUV 3XO will compete with Maruti Suzuki’s Brezza, Hyundai’s Venue and Kia’s Sonet. Its prices range between Rs 7.49 lakh to Rs 15.49 lakh (ex-showroom). Booking for this can be…
