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Suzuki Motor eyes record year, India to drive global sales | Autocar Professional

Baua Electric

Suzuki Motor Corporation expects record sales for the 4th consecutive year and 3rd consecutive year of operating profits in the current financial year, led by a strong outperformance in India. We will continue to promote the expansion of our SUV models and aim to recover our total passenger car share,” the company assured investors.

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MG Motor India moots new sub-Rs 15 lakh EV MPV and SUV | Autocar Professional

Baua Electric

Buoyed by a fresh fund infusion from the JSW Group, MG Motor – the British brand owned by Shanghai Automotive Industry Corporation (SAIC) – is set to revamp its electric vehicle play in the country and challenge Tata Motors with a big focus on mass market products. It is around 4.3 strategy in Delhi in May 2023.

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SAIC Motor to invest up to USD 2 billion in India this decade | Autocar Professional

Baua Electric

SAIC Motor, China’s largest car maker, has set an ambitious target of producing and selling over 1 million vehicles along with its joint venture partner, JSW Group. We are looking at setting up a second plant in India.” We plan to introduce a range of products from B SUV to C SUV, including compact cars.

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MG Motor India plans new mid-size ICE platform, to double capacity | Autocar Professional

Baua Electric

The premium mid-size SUVs that helped MG Motor India establish its brand in the country is again part of the its focus for the company’s next big phase of growth and expansion. Sources say that MG Motor India is readying a new mid-size platform that will churn out a range of body styles with multiple powertrains.

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Electric car and SUV sales jump 90% to 90,000 units in FY2024 | Autocar Professional

Baua Electric

It’s been an electrifying year for the EV industry in India. In tandem with the handsome growth of the e-two-wheeler and e-three-wheeler segment, the electric passenger vehicle segment, which comprises cars, SUV and MPVs, has also registered record retail sales. The firm No. Hyundai’s sibling Kia registered sales of 429 e6 MPVs.

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

Baua Electric

Despite the dynamic nature of India’s car market, Toyota has managed to orchestrate a remarkable turnaround; the automaker has emerged as a formidable contender after remaining a niche player for years, with their market share hovering a little over 2%. So far, Toyota didn’t have an SUV in the sub-4m space starting under Rs 10 lakh.

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Electric car and SUV sales soar to 79,550 units in first 11 months of FY2024 | Autocar Professional

Baua Electric

The rise in sales of electric passenger vehicles is now quite apparent as in the growing number of green-number-plated cars, SUVs and MPVs seen on Indian roads. As per Vahan data as of March 3, 2024, a total of 79,443 electric cars, SUVs and MPVs (LMVs and LPVs) have been sold in the past 11 months (April 2023-February 2024).

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