This year has started well for most automobile companies. Sales of Honda Cars have increased by more than 10 percent in January to 8,681 units. The exports of this Japanese automobile company have also increased. It exported 4,531 units in January. The SUV Elevate, launched last year, has a major contribution in the company’s growth….
Honda Motorcycle and Scooter (HMSI), one of the largest two-wheeler companies, saw its sales increase by 38 percent to 4,19,395 units in January. This includes sales of 3,82,512 units in the country and export of 36,883 units. The company’s exports have increased by 102 percent compared to the same period last year. The company has…
Amazon, one of the largest e-commerce companies, has entered the segment of Generative Artificial Intelligence (AI). The company has introduced Rufus, an AI-powered shopping assistant. It is claimed that this will improve the shopping experience of the users. Apart from answering queries, this chatbot can also help with suggestions and compare different products. Rufus in…
The demand for SUVs has increased rapidly in the automobile market in the last few years. Nissan’s Magnite SUV has crossed one lakh units sold in India. It was launched about four years ago. Its starting price is Rs 4.99 lakh (ex-showroom). Magnite, a compact SUV measuring less than four metres, competes with Maruti Suzuki’s…
Hyundai’s Creta, one of the big automobile companies, has crossed 10 lakh units in sales. This first SUV of the company was launched in the country about nine years ago. Despite many automobile companies launching models in this segment, Creta is getting good response. It competes with Kia’s Seltos, Maruti Suzuki’s Grand Vitara, Tata Motors’…
The country’s largest car maker Maruti Suzuki has sold 1,97,471 units in February. This includes the company’s sales of 1,63,397 units in the country, sales of 5,147 units to other OEMs and exports of 28,927 units. The compact segment has been the most demanding for the company. In the compact segment, Maruti Suzuki has Baleno,…
Honda Motorcycle and Scooter India (HMSI), one of the largest two-wheeler companies, has seen its February sales increase by 86 percent on a year-on-year basis. Last month the company sold 4,85,711 units. In the same month last year, these sales were 2,47,195 units. The company said that its wholesales in the country have been 4,13,967…
Kia models, which are among the big automobile companies, will become expensive from next month. The prices of the company’s Sonet, Carens and Seltos will be increased by up to three percent. Kia said that the main reason behind this is the increasing cost of commodities. However, it is not known by how much the…
American iPhone manufacturing company Apple paid about $ 60 billion (about Rs 4,43,300 crore) to developers last year. The company has given this information in the App Store statistics. This amount is more than previous years. Apple had decided to reduce the commission charged from small developers, due to which the amount received by developers…
Toyota Kirloskar Motor (TKM), one of the big automobile companies, has achieved record wholesales in the last financial year. Its sales increased by 48 percent to about 2.65 lakh units. In the previous financial year it was around 1.77 lakh units. The company’s sales in March increased by almost 25 percent to 27,180 units. Toyota’s…