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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 The sales are split 56 percent in favour of SUVs and 44 percent for sedans.

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MG targets Tesla Model Y Performance and Kia EV6 GT with new super SUV for Australia

EV Central

Rising Chinese brand MG could have a direct rival for the Tesla Model Y Performance SUV and Kia EV6 GT super SUVs on-sale in Australia as soon as 2024. Known as the IM Motors LS6 in China, the medium SUV with up to 579kW/800Nm, a 252km/h top speed and a 3.5 2024 MG IM Motors LS6. “I 2024 MG IM Motors LS6.

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Porsche confirms Cayenne EV and second, larger all-electric SUV

Teslarati

Porsche announced two upcoming EVs at its earnings event today and revealed that it achieved record earnings during 2022. Following Porsche’s IPO , the brand doubled down on its electrification strategy with the announcement of the Macan EV and has even become the most valuable automaker in Europe. euros per preferred share.

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

Baua Electric

In a move aimed at capturing a larger slice of the country’s burgeoning SUV space, Toyota’s re-entry into the sub-4m SUV category nine months after discontinuing the Urban Cruiser — their version of the Maruti Suzuki Brezza — shows that they have bigger goals. This is very close to the tag of Maruti Fronx, which starts at Rs 7.51

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BYD expects at least $4 billion in net income from surging EV sales

Baua Electric

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. million EVs last year, up 73% from the 911,000 sold in 2022. In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. billion (31 billion yuan) in net income.

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Hyundai to launch a new electric mini-SUV at €20K

Baua Electric

Hyundai is prepping an electric entry-level mini-SUV called Casper to take on rivals Dacia Spring and Citroën’s ë-C3 in Europe. The Casper, an ICE vehicle on sale in South Korea, will get a fresh new look in the form of an all-electric city car–slash–mini-SUV, releasing in European markets by the end of this year.

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Hummer EV 3X Trim Adds Range to SUV and Pickup

The Truth About Cars

The Hummer EV has a sky-high price tag and wait times that extend to two years for some people. Despite that, and the fact that production isn’t rolling at blazing speed, GMC’s pushing forward with model year updates for 2023, including more range for the pickup and SUV variants.&

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