article thumbnail

Maruti Suzuki WagonR to Tata Punch: Top 10 passenger vehicles sold in Feb 24

Baua Electric

By: HT Auto Desk | Updated on: 13 Mar 2024, 10:06 AM The Indian passenger vehicle market registered a 10.80% YoY sales growth in February 2024, with 370,786 cars sold. The Indian passenger vehicle market registered a 10.80% YoY sales growth in February 2024, with 370,786 cars sold.

Suzuki 52
article thumbnail

Toyota and Suzuki partnering on EVs in India

Green Car Congress

Toyota Motor and Suzuki Motor have concluded a memorandum of understanding (MOU) on moving forward in considering a cooperative structure for introducing electric vehicles (EVs) in the Indian market in around 2020.

Suzuki 150
article thumbnail

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.

India 218
article thumbnail

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.

Suzuki 225
article thumbnail

Suzuki reports fuel economy testing irregularities in Japan but says no need to amend values

Green Car Congress

Suzuki announcement that it has found “some discrepancies” between the automobile emission and fuel efficiency testing methodology it has used in Japan and the requirements from Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT). The issues do not apply to products sold under the Suzuki badge outside of Japan.

Suzuki 150
article thumbnail

Hybrids vs EVs: where should government put its money

Baua Electric

Meanwhile, Toyota and Maruti Suzuki are of the view for more tax cuts on hybrids. --> In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids. Meanwhile, Toyota and Maruti Suzuki are of the view for … In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids.

Hybrid 95
article thumbnail

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.)

Suzuki 218