Bangalore, 01 July 2024. Toyota Kirloskar Motor has maintained its strong sales momentum and recorded a growth of 40% in June 2024 by selling 27,474 units. This includes domestic sales of 25,752 units along with 1,722 units of exports. In May 2023, TKM had sold 19,608 units. The company also reported success in the first…
New Delhi, 01 July, 2024. Hero MotoCorp, the world’s largest motorcycle and scooter manufacturer, is paying tribute to its visionary Founder Chairman, Dr.BrijmohanLall Munjal, with the collector’s edition motorcycle, ‘The Centennial.’ ‘The Centennial’ was conceptualised, designed and developed by the global experts at the Hero Centre for Innovation and Technology (CIT) in India and the…
Mumbai, July 01, 2024. Tata Motors Limited sales in the domestic & international market forQ1FY 2024-25 stood at229,891vehicles, compared to 226,245 units during Q1FY 2023-24. Domestic Sales Performance: Category June’24 June’23 % Change Q1 FY25 Q1 FY24 % Change Total Domestic Sales 74,147 80,383 -8% 225,719 222,345 2% Commercial Vehicles: Category June’24 June’23 % Change…
Mumbai, 25th June, 2024. Tata Motors, India’s largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Bajaj Finance Ltd., part of Bajaj Finserv Ltd., one of the country’s largest financial services groups. Bajaj Finance will offer financing solutions across the entire commercial vehicle portfolio, and customers will benefit from the company’s wide…
New Delhi, June 24, 2024 Hero MotoCorp will make an upward revision in the ex-showroom prices of select motorcycles and scooters, with effect from July 1, 2024. The price revision will be up to Rs. 1,500 and the exact quantum of increase will vary by specific model and market. The revision has been necessitated to…
New Delhi, June 24, 2024. Good Afternoon, Ladies and gentlemen. Let me take this opportunity to take you through the backdrop in which your company is operating, the performance last year as well as the plans for the years to come. While we are seeing growth and stability in India, the global geo-political scenario continues…
New Delhi, June 21, 2024. Maruti Suzuki India has introduced the Fronx Velocity edition at a starting price of Rs 7.29 lakh (ex-showroom). This price is for a limited period. The Fronx was launched in India in April 2023. It ended FY24 with wholesales of 134,735 units in the domestic market. The Fronx is the…
New Delhi, June 21, 2024. Ola Electric today announced offers of up to Rs 15,000 on its S1 portfolio as part of its ‘Ola Electric Rush’ campaign. Effective till June 26, the offers include a flat discount of Rs 5,000 on S1 X+ coupled with a cashback of up to Rs 5,000 on credit card…
Mumbai, 20th June 2024. Tata Motors, India’s largest commercial vehicles manufacturer, today announced the launch of Tata Motors Fleet Verse – a comprehensive and innovative digital marketplace for Tata Motors Commercial Vehicles. The platform offers features like new vehicle discovery, configuration, acquisition, financing, and is future-proofed to include a range of additional services and features,…
Kolkata, June 202,2024. Uber on Thursday announced the launch of its flagship electric vehicle service, Uber Green, in Kolkata, marking a step towards eco-friendly urban transportation. Uber becomes the second ride-hailing service provider to offer electric vehicles in the city, following Snap E, another brand operating with an all-EV fleet. “Enhancing the air quality in…
Mumbai, June 2024. Tata Motors announced that it will increase the price of its commercial vehicles effective 1st July 2024, up to 2%. The price increase is to offset the impact of rising commodity prices. It will be applicable across the entire range of commercial vehicles, and will vary as per individual model and variant.
Mumbai, June 2024. Tata Motors, India’s leading automotive manufacturer,is celebrating 7 lakh unit sales of India’s No. 1 SUV – Nexon, in its 7thyear. Launched in 2017, Nexon has achieved the distinction of being India’s largest selling SUV for three consecutive years from 2021 to 2023. Nexon was India’s 1st GNCAP 5 star rated vehicle…
Jaipur, June 13, 2024. From the bustling streets of Uttar Pradesh to the diverse terrains of Kerala, the Tata Magic has successfully transported lakhs of passengers across the country on their last mile journeys. To further enhance this experience, the company recently launched the Tata Magic Bi-Fuel. Seamlessly blending trusted performance with a range of…
Mumbai, 13th June, 2024. Tata Passenger Electric Mobility Ltd (TPEM), a subsidiary of Tata Motors and the pioneer of India’s EV revolution, in a significant announcement today declared that the Punch.ev and the Nexon.ev have achieved the 5 star Bharat-NCAP safety rating. While the Punch.ev set a major milestone by receiving the highest ever scores achieved…
Mumbai, June 13, 2024. Škoda Auto’s journey commenced 129 years ago when Václav Laurin and Václav Klement started making bicycles in 1895, laying the foundation for the company’s enduring legacy that would see it reach significant milestones such as the introduction of the L&K Voiturette A in 1905. Fast forward to 2023, Škoda Auto achieved…
Mumbai, June, 2024. Magenta Mobility, an integrated electric mobility solutions provider, solidifies its partnership with Tata Motors, India’s largest commercial vehicle manufacturer, with the deployment of over 100 units of Tata Ace EV which include over 60 units of Ace EV and over 40 units of the recently launched Ace EV 1000. This deployment is…
New Delhi, June 10, 2024. Domestic passenger vehicle retail sales declined 1 per cent year-on-year in May, as blistering summer heat and elections impacted demand, automobile dealers’ body FADA said on Monday. Passenger vehicle registrations dipped to 3,03,358 units last month, as compared with 3,35,123 units in May 2023. “Dealers cited the impact of elections,…
Mumbai, June 07, 2024. Tata Motors, India’s leading automotive manufacturer, today announced the launch of the Altroz Racer – the sporty avatar of the company’s premium hatchback. The performance aspect in the Altroz goes several notches higher with the introduction of the 1.2 L Turbo petrol engine. Elevated with the race car inspired exterior and…
Jaipur, June 2024. Tata Motors, India’s leading automobile manufacturer, sustained impressive sales performance in rural areas in FY24, which contributed to 40% of its overall passenger vehicle sales. The popularity of Tata Motors’ New Forever range of cars and SUVs has risen among rural consumers, with 70% customer being first-time car buyers. With growing infrastructure,…
New Delhi, June 2024 Hero MotoCorp – the world’s largest manufacturer of motorcycles and scooters – has emerged as a champion of sustainability, with all its eight facilities – including all the six manufacturing plants – in India being certified as ‘Zero-Waste-to-Landfill’(ZWL). Making this announcement on the occasion of the World Environment Day,Niranjan Gupta, CEO,…
Mumbai, June 01, 2024. Tata Motors Limited sales in the domestic & international market for May 2024 stood at 76,766 vehicles, compared to 74,973 units during May 2023. Category May 2024 May 2023 % change (Y-o-Y) Total Domestic Sales 75,173 73,448 2% Category May 2024 May 2023 Growth (Y-o-Y) HCV Trucks 7,924 8,160 -3% ILMCV…
Bangalore, 01 June 2024. Underpinning its robust and steady performance, TKM reported monthly growth by registering sales of 25,273 units in the month of May’2024. This represents a Year-on-Year growth of 24% compared to May 2023, when the company sold 20,410 units. In the month of May, domestic sales reached 23,959 units, complemented by an…
New Delhi, May 31, 2024 Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has launched the latest generation of the iconic Splendor – the Splendor+XTEC 2.0 – to celebrating the 30th anniversary of the world’s highest-selling motorcycle. Thispremium and tech-laden Splendor keeps its iconic design while integrating modern elements such as LED headlights…