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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. In its forecast for Japanese FY-24 (Indian FY-25), the presentation added, “Expect record sales and profits due to higher unit sales.

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Luxury car & SUV sales in India rise 20% to 45,000+ units in FY24 | Autocar Professional

Baua Electric

A global trend that has also found resonance in India over the past three years is the soaring demand for luxury as well as super-luxury cars and SUVs. As per JATO Dynamics India, cumulative sales of seven luxury carmakers in FY2024 were 45,311 units, up 20.5 This niche segment has hit a new high in FY2024.

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Hyundai Motor India clocks best-ever sales in January | Autocar Professional

Baua Electric

Hyundai Motor India has opened CY2024 on a very strong note, having registered its best-ever monthly wholesale numbers in January. At 57,118 units, January 2024 sales are a strong 14% year-on-year increase (January 2023: 50,106 units). This is the second fiscal on the trot that Hyundai has surpassed the half-a-million milestone.

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Kia’s made-in-India SUV and MPV exports cross 250,000 units | Autocar Professional

Baua Electric

As per data available with industry body SIAM, till end-April 2024, Kia India has dispatched a total of 252,830 units to overseas markets. Till date, Kia India has launched five vehicles in the domestic market – the Seltos midsize SUV, Sonet compact SUV, Carnival MPV (now discontinued), Carens MPV and the all-electric EV6 SUV.

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SUVs power best-ever February, India PV Inc set for 4.25 million sales in FY2024 | Autocar Professional

Baua Electric

Sales in the leap-month of February 2024 have leaped to an all-time high – estimated at over 370,000 units and an 11% year-on-year growth (February 2023: 334,790 units). The high level of wholesales / dispatches to dealer showrooms across India will propel India Passenger Vehicle Inc to a best-ever fiscal. million units.

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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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Electric cars and SUVs help charge Tata Motors FY2024 performance | Autocar Professional

Baua Electric

Tata Motors is on a roll. This strong showing is the result of strong sales emanating from its domestic passenger and commercial vehicle businesses as well as record sales of luxury car and SUV maker JLR. FY2024 saw major facelifts for the Nexon, Nexon.ev, Harrier and Safari SUVs.

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