Articles for Business News

Nissan India Wholesales 8991 Vehicles In December 2022

For the month of December, Nissan's domestic wholesales stood at 2020 units and export wholesales stood at 6971 units

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MG Motor Reports Retail Sales of 3899 Units In Dec'22; With YoY Growth Of 53%

ZS EV, the MG's pure-electric electric SUV’s sales recorded a growth of more than 60 per cent during the year

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Kia India Clocks Total Sales Of 3,36,619 In CY2022

In the domestic market, the Kia Seltos registered sales of 1,01,569 units in CY2022, and the Sonet reported a sales of 86,251 units in the same year and the Carens registers 62,756-unit sales

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3eco Systems, Log9 Materials Partners To Deploy 2000+ InstaChargeable S8Ci EVs

Shakti 8 Cargo (S8Ci) EVs by 3ev Industries is an L5 CEV and comes with a range of 130 km on full charge and payload capacity of 580 kg

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Ola Registers Sales Of 25,000 Units In Dec'22, Grows Market Share To 30%

The company says that while December is generally a slow month for automobile sales, Ola has not only managed to sustain its growth momentum but has also registered record sales for any EV manufacturer in the country

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Lexus Hikes Price By 3.2% On Select Models From Jan 2023

Lexus has increased the prices of its hybrid electric models due to increased input cost and impact of forex fluctuations

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Reductions In Import Duties On Raw Materials In Budget 2023 Will Be Huge Relief For Industry: SMEV

The Union Budget 2023-24 is being presented at a crucial juncture of geo-political uncertainties, high inflation, and slowing world economic growth

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CVs Sales Strong In December 2022, 2Ws Depressed: Report

Domestic PV wholesales remained muted due to production shutdowns and typically lower despatches in the last month of a manufacturing year

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Pure EV Opens EV Dealership Showroom In Indore

The showroom showcases range of electric motorcycles and scooters of the company

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Steering Through Changing Times: What Has Been & What Is To Come For The Automotive Industry

Going ahead, there are both tailwinds and headwinds at play. Some positives include the softening of commodity prices, including that of steel, and moderately priced CNG that is likely to drive demand

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