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…
The country’s largest car maker Maruti Suzuki has dispatched about 20 lakh vehicles through railways in the last few years. The company said that dispatching a large number of vehicles through railways during FY 2015 to FY 2024 has saved about 27 crore liters of fuel. This has also reduced the emission of about 10,000…
Tata Motors, one of the largest automobile companies, has crossed 20 lakh units of SUV sales. On this achievement, the company has announced discounts on its range of SUVs. This includes reducing the starting prices of Harrier and Safari. Tata Motors’ SUV models will get a discount of up to Rs 1.4 lakh. The price…
Sales in the country’s luxury car market have grown rapidly in the last few years. In the first half of this year, Germany’s Mercedes-Benz ranks first in this market. The company’s sales grew by about nine percent to 9,262 units. BMW is in second place, selling 7,089 units. Mercedes has got a large share of…
South Korean automobile company Hyundai has introduced the Knight Edition of the micro SUV Exter on the completion of one year of its launch. More than 93,000 units of Exter have been sold. It competes with Tata Motors’ Punch and Maruti Suzuki’s Ignis. The interior of the Knight Edition is in black colour. There are…
Mahindra & Mahindra, one of the major automobile companies, has started the new base variant of the XUV 3XO reaching dealerships. It will be called MX1 and is priced at Rs 7.49 lakh (ex-showroom). The XUV 3XO was launched in April. A media Report According to, the base variant of XUV 3XO has a 1.2…
