Mon, Jun 24, 2024
According to the report by credit ratings agency CareEdge, following robust growth of 90 per cent with volumes at 90,432 units in FY24, with an improving penetration rate, electric car sales in the passenger vehicle (PV) segment is likely to clock volume of around 1.30-1.50 lakh units in FY25.
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Tue, Oct 04, 2022
Utility vehicles production stood at 29,811 units during the period under review. The same was 21,873 units in September 2021, the company said.
Thu, Dec 01, 2016
Pravin Shah, President & Cheif Executive (Automotive), M&M said, “While we expected an improved auto industry performance on the back of the festive season and other positive parameters such as rural demand and interest rates softening, the sudden announcement of demonetisation has brought in an immediate disruption and uncertainty.”
This month, Maruti sold 9,67,67 units of passenger vehicle, rising by 8.1% year-on-year (yoy). From the total - compact vehicles like Swift, Ritz, Celerio, Baleno and Dzire took the limelight increasing by 11% to 49,431 units. Utility vehicles once again were the highlight for Maruti.
Sat, Oct 01, 2016
The cars and vans segment registered a large growth of 57% as it sales grew to 1,331 units from 847 units in the same period last year.
Tue, Sep 13, 2016
Domestic PV industry registered robust 16.7% growth during August 2016, driven by stellar 47% growth in the utility vehicle segment.
Mon, Sep 05, 2016
Maruti sold 17,432 units of utility vehicles which included Gypsy, Ertiga, S-cross, Vitara and Brezza. This was a rise of 89% from 9236 units of utility vehicles sold in the same month of the previous year.
Mon, Jul 11, 2016
This growth in sales was on the back of sales of utility vehicles (UV) which posted a 38.04% growth.
Wed, May 11, 2016
The segment has seen the most growth and in fact now commands about 26% share among passenger vehicles.
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