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Hyundai Motor India clocks best-ever sales in January | Autocar Professional

Baua Electric

Hyundai Motor India has opened CY2024 on a very strong note, having registered its best-ever monthly wholesale numbers in January. At 57,118 units, January 2024 sales are a strong 14% year-on-year increase (January 2023: 50,106 units). This is the second fiscal on the trot that Hyundai has surpassed the half-a-million milestone.

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Suzuki Motor eyes record year, India to drive global sales | Autocar Professional

Baua Electric

Suzuki Motor Corporation expects record sales for the 4th consecutive year and 3rd consecutive year of operating profits in the current financial year, led by a strong outperformance in India. In its forecast for Japanese FY-24 (Indian FY-25), the presentation added, “Expect record sales and profits due to higher unit sales.

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Luxury car & SUV sales in India rise 20% to 45,000+ units in FY24 | Autocar Professional

Baua Electric

A global trend that has also found resonance in India over the past three years is the soaring demand for luxury as well as super-luxury cars and SUVs. As per JATO Dynamics India, cumulative sales of seven luxury carmakers in FY2024 were 45,311 units, up 20.5 This niche segment has hit a new high in FY2024.

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SUVs power best-ever February, India PV Inc set for 4.25 million sales in FY2024 | Autocar Professional

Baua Electric

Sales in the leap-month of February 2024 have leaped to an all-time high – estimated at over 370,000 units and an 11% year-on-year growth (February 2023: 334,790 units). The high level of wholesales / dispatches to dealer showrooms across India will propel India Passenger Vehicle Inc to a best-ever fiscal. million units.

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Honda Motor plans to use India as exports hub for electric SUVs | Autocar Professional

Baua Electric

Honda Cars India, which has made exports a key strategic pillar for the growth of its internal combustion engine powered SUVs, will transition into a hub for electric vehicles with its new project ‘ACE’. India is one of the key global hubs for exports for Honda.

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MG Motor India moots new sub-Rs 15 lakh EV MPV and SUV | Autocar Professional

Baua Electric

Buoyed by a fresh fund infusion from the JSW Group, MG Motor – the British brand owned by Shanghai Automotive Industry Corporation (SAIC) – is set to revamp its electric vehicle play in the country and challenge Tata Motors with a big focus on mass market products. It is around 4.3 strategy in Delhi in May 2023.

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Nissan X-Trail SUV gears up to come back to India. Here’s what to expect

Baua Electric

Read more Nissan X-Trail would come as a niche model from the Japanese carmaker in India, as it would be sold as a CBU model, which would restrict the import numbers and keep the pricing on the higher end. Now, the only car that is on sale from the OEM in India is the Magnite SUV.

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