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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

India’s sales of new vehicles totaled at least 4.25 million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 million units. million units.

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American Suzuki restructures under Chapter 11; exiting auto market in US

Green Car Congress

American Suzuki Motor Corporation (ASMC), the sole distributor in the continental United States of Suzuki Motor Corporation automobiles, motorcycles, all-terrain vehicles and marine outboard engines, will restructure under chapter 11. The company plans to wind down and discontinue new automobile sales in the continental US.

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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.)

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. million units in March 2020, down by 39% from March 2019. million units.

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SUV rush helps Toyota post highest-ever monthly sales in January at 24,609 unit

Baua Electric

By: HT Auto Desk | Updated on: 01 Feb 2024, 11:26 AM Rapidly surging demand for utility vehicles, especially SUVs has helped Toyota to post impressive growth and sales numbers in January 2024. Rapidly surging demand for utility vehicles, especially SUVs has helped Toyota to post impressive growth and sales numbers in January 2024.

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Toyota’s compact SUV gamble with the Taisor | Autocar Professional

Baua Electric

Their current share for FY24 rose to 5.3%, according to the latest figures from the Federation of Automobile Dealers Associations of India (FADA). Toyota’s latest launch, the Urban Cruiser Taisor — a rebadged Maruti Suzuki Fronx — was done bearing these factors in mind. But will the gamble pay off?

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Yamaha introduces the NEO and E01 electric scooters in India

Electric Vehicles India

And recently Yamaha India showcased its NEO and E01 electric scooters at a dealers’ meeting which indicates that the Japanese manufacturer might soon launch these two electric scooters in the Indian market. These two electric scooters have yet to go on sale in India, and it’s unclear when it will happen.

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