Maruti Suzuki unveiled its first electric SUV, the Vitara at the Bharat Mobility Global Expo 2025. The production of EVitara will begin soon
Tag: Auto
Car price hike: Maruti Suzuki raises rates of 18 models, including Celerio, Jimny, Brezza
According to Maruti Suzuki, the ex-showroom prices for Celerio will increase upto Rs 32,500–the highest among all car models
Maruti Suzuki’s Alto, S-Presso see 190% sales jump in December 2024
Maruti Suzuki’s mini car segment sales surged to 7,418 units in December 2024, up from 2,557 units in the same month last year
Hyundai to hike car prices from Jan 1
According to Hyundai Motor India Limited, the price hike will be done across all MY25 models, such as Tuscon and i30 Sedan, up to Rs 25,000 from next year.
Hyundai India’s profit declines 16.5% to Rs 1,337 crore, sells 3.84 lakh units in Q2
In the mid to long term, Hyundai has anticipated a sustained demand momentum in the auto industry. The company said it will continue to focus on quality of growth by maintaining an optimum balance between volume, market share and margins
‘Brand is built by product, not by pricing’: Ola boss Bhavish Aggarwal
According to the Q2 earning call of Ola Electric, the gross margin for the auto segment stood at 20.6 percent flat on a quarterly basis whereas year-on-year basis it was 12 points up
Hyundai Motor India IPO: SEBI clears path for record-breaking public offering
The South Korean automaker could raise nearly Rs 25,000 crore with its upcoming IPO setting a new benchmark in India’s auto sector.
Mahindra Auto sells 43,277 SUVs, a 16% growth in August 2024
Mahindra & Mahindra Ltd said on May 16 it will invest Rs 12,000 crore in its electric vehicle (EV) unit, Mahindra Electric Automobile, over a period of three years up to March 31, 2027.
EV sales may hit 10 million in 2024; China likely to remain dominant force until 2027: Report
At present, China is the dominant force in the ‘battery electric vehicle’ market, with sales projected to be 4 times that of the US market in 2024,
Cars become top category on TV from auto sector with 50 percent ad volumes in 2023
Among top Advertisers, Maruti Suzuki India secured 1st position with 12 percent share of ad volumes in 2023, as per TAM.