Mahindra & Mahindra’s sub-compact SUV XUV 3XO, one of the big automobile companies, has received good response from the customers. Sales in the first month of its launch have been more than 10,000 units. The company started its delivery on 26 May. XUV 3XO will be among the fastest SUV to reach 10,000 units sales….
The prices of motorcycles and scooters of Hero MotoCorp, one of the big two-wheeler companies, will increase from next month. The company has said that the prices of its entire range will be increased by up to Rs 1,500. This decision has been taken due to increase in input costs. Hero MotoCorp has a major…
Bajaj Auto, one of the big automobile companies, has increased its presence in South America by setting up a new factory in Brazil. The company’s new factory will assemble and test Dominar motorcycles. Its annual capacity will be to manufacture approximately 20,000 units in a single shift. The company’s presence has reached 100 countries. It…
Swift of the country’s largest car maker Maruti Suzuki has been getting good response from customers for many years. This hatchback of the company has created a new record. Its sales have exceeded 30 lakh units. The updated model of Swift was introduced earlier this year. Along with the design changes in the new Swift,…
The country’s largest car maker Maruti Suzuki had sales of 1,37,160 units last month. Including exports, the company’s total sales are 1,79,228 units. The company’s sales in the country have increased by about 4,000 units compared to the same month last year. The strong performance of its utility vehicles continues. However, the company’s sales have…
Royal Enfield, a manufacturer of powerful motorcycles, has seen a slight decline in sales last month. The company sold 73,141 units in June. In the same month last year, the company had sold 77,109 motorcycles. Last month, Royal Enfield exported 7,024 units. Its exports in June last year were 9,614 units. The company’s Guerrilla 450…
South Korean automobile company Kia has sold more than 1.26 lakh units in the country in the first half of the current year. This is an increase of six percent compared to the same period last year. Sonet’s share in the company’s sales is about 43 percent. Kia has said that the demand for its…
Honda Motorcycle and Scooter (HMSI), one of the big two-wheeler companies, has sold 4,82,597 units in June. This is an increase of approximately 59 percent on a year-on-year basis. The company’s exports have increased by almost 70 percent last month. Activa scooter and Shine motorcycle have a major share in its sales. The company may…
Hyundai Motor, one of the big automobile companies, plans to raise about $3.5 billion through Initial Public Offering (IPO). This could be the country’s biggest IPO. Hyundai sales have increased in the country in the last few years. The company’s shares may be listed in September. In the Bloomberg report, quoting sources having information about…
Sales of TVS Motor, one of the big two-wheeler companies, increased by almost five percent last month to 3,33,646 units. In the same month last year, it was 3,16,411 units. Sales of the company’s two-wheelers increased by six percent to 3,22,168 units. Last month TVS Motor sold 1,52,701 motorcycles. This is an increase of three…
