By Kamal Swami
Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 34,005 units and exports of 12,500 units with cumulative sales of 46,505 units for the month of February 2014.
By John Andrew
The turnaround towards profitability at Mahindra & Mahindra's Korean subsidiary Ssangyong Motor Company is now within reach. The Korean SUV maker on Thursday announced a record revenue growth for the year 2013 ofRs 20,200 crore and a marginal loss of Rs 13.93 crore. M&M-owned South Korean SUV maker, Ssangyong Motor Company is.... [Read More]
By John Andrew
Mercedes Benz India, the Indian arm of German car maker Mercedes Benz is reported to record growth of 32 percent during the period from January to December 2013. According to sales reports revealed by company it sold out 9003 units during the period of January to December 2013 against 6840 units sold during the same period of.... [Read More]
By John Andrew
Where at one side all major car makers are witnessing decline in their sales in 2013 as compared to 2012, German car maker Audi is enjoying the pride of selling more than 10,000 units of its luxurious cars in India, through its Indian division Audi India. According to reports received from company it recorded the sale of 10,002 units between.... [Read More]
By Kamal Swami
Home-grown auto major Mahindra & Mahindra plans to roll out seven-eight variants this year as it expects a turnaround in the sector after two consecutive years of slump."We will introduce 7-8 variants in our portfolio," Mahindra & Mahindra Automotive Division Chief Executive Pravin Shah said. Expecting a.... [Read More]
By Kamal Swami
A consumer forum here has directed Tata Motors to pay Rs 1.25 lakh as compensation to one of its customers whose car developed numerous defects within the first year of its purchase. The New Delhi District Consumer Disputes Redressal Forum observed that the complainant could not derive any pleasure or satisfaction after purchasing the new.... [Read More]
By John Andrew
Country’s leading car manufacturing company Maruti Suzuki India Limited recorded the decline of 4.4 percent in sales as compared to its sales compared during the month of 2012. In the month of December 2013 company sold out 90, 924 units whereas during the same month in December it recorded sales of 95, 145 units. It would.... [Read More]
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