Articles for Business News

Maruti Impacted By Chip Shortage, Reports A 53% Drop In Yo-Y Sales At 86,380 Units

Total sales in the month include domestic sales of 66,415 units, sales to other OEM of 2,400 units and exports of 17,565 units.

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Škoda Auto India Registers 131% Y-O-Y In September 2021 With Total Sales Of 3,027 Cars

Crossing the 10,000 booking milestone in September 2021, KUSHAQ continues to lead the sales momentum for the Czech manufacturer

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Mg Motor India Logs A 28% Sales Increase In September 2021, Chip Shortage Hampers Production

The company expects the reduced production to carry on for the next few months

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Bajaj Auto Reports 9% Y-O-Y Drop In Sept 2021 Sales To Over 4.02 Lakh Units

Domestic sales falls by 16% y-o-y at 192,348 units, while exports see a marginal drop of 1% at 209,673

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Toyota Kirloskar Motor Clocks A 14% Jump In Domestic Wholesales With 9284 Units In September 2021

Clocks a cumulative growth of 98% from January to September 2021 when compared to the corresponding period last year

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Nissan India Reports 2816 Domestic Sales in September 2021

Nissan Magnite crosses cumulative Bookings of 65000 plus units

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Ola Electric Raises Over $200Mn At $3Bn Valuation

Ola will accelerate the development of other vehicle platforms including electric motorbike, mass-market scooter, and its electric car.

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Tae-Jin Park To Takeover As Managing Director and CEO, Kia India

TJ Park will succeed Kookhyun Shim to spearhead the overall India operations for Kia

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Bp Ventures Leads $25m Series A Round In EV Ride Hailing & Charging Start-Up Blusmart

The investment will help BluSmart bring its electric vehicles and charging stations to five major cities

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ABB Launches The World’s Fastest Electric Car Charger With Max 360KW Output

Only charger designed explicitly to charge up to four vehicles at once

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