When compared with July’19, a pre-covid month, total vehicle retails fell by -20 per cent. PV and Trac continued to outperform by growing 19 per cent and 7 per cent. All the other categories were in red with 2W, 3W and CV falling by -28 per cent, -15 per cent and -4 per cent respectively.
Read MoreIn India, after the implementation of the FAME II policy, the organised electric three-wheelers have grown significantly as it helps to reduce the high sticker price of 3-wheelers that run on Li-ion batteries.
Read MoreShipments in the April-June quarter rose 29 per cent , with deliveries more than doubling in China to 358 units.
Read MoreMajor Toyota affiliate Hino Motors admitted on Tuesday it falsified emissions data for longer than previously disclosed.
Read MoreThe company has registered a year on year growth of 160 per cent as compared to July 2021, when it had sold 945 units of electric two-wheelers.
Read MoreThe cumulative wholesale YTD growth stood at 14 per cent on domestic wholesale and exports.
Read MoreThe company says that the shortage of electronic components had a minor impact on the production of vehicles, mainly in domestic models and took all possible measures to minimise the impact.
Read MoreThe export numbers for HCIL stood at 2,104 units in July’22.
Read MoreDomestic two-wheelers sales increased by 5 per cent to 1,64,384 units in July 2022 against 1,56,232 units in the year-ago period while exports dropped 14 per cent to 1,50,670 units as compared to 1,74,337 units in the same month of last year, the company said in a regulatory filing.
Read MoreThe company follows a calendar year basis (January to December) for its financial reporting.
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