OLA Electric Sales fell 75% in February 2025
Ola S1 Pro Sona Edition Once in India it is actually an electric scooter manufacturer, Ola Electric will experience a huge decline, with the decline in quantity and market share exceeding the company's expectations. To be precise, the volume decreased by 74.5%, while the mom’s volume decreased by 64.5%, from 33,906 units registered in February 2024 to 8,647 units registered in February 2025. OLA Electric Sales in February 2025 Ola Electric's negative sales reps are increasing, and now the company's sales are down by a huge amount and has reduced a quarter of the workforce in multiple departments. Ola Electric is also under scrutiny for IFC to fail to meet the set milestones of the PLI ACC program. The above issues revolve around OLA Electric are already existing issues surrounding the decline in sales and market share, with stock prices falling after its debut in August 2024, lack of quality in social media in products and services, misleading advertising, a…
Tesla’s sales fell 45% as European electric vehicle sales rose 37%
Tesla sales fell 63% in Germany, while BEV sales rose 37% Tesla is working to sell its own models on the European market. However, the reasons are multifaceted, not buyers who don’t want electric cars. This is because electric vehicle sales have increased by 37%. Let's find out why American brands have failed to capture the European market recently. Statistics Sales with Tesla badges fell 50.2% in Europe compared to the same period last year, while sales in the United EU, EFTA, EFTA (Iceland, Norway and Switzerland) and the UK markets fell 45.2% compared to the same period last year. The most interesting aspect of this growth in stunting is that when you compare it to other electric cars, these electric cars soared 37%. Sales decline: January 2025 and January 2024 According to the European Automobile Manufacturers Association (ACEA), Tesla sold 9945 units in January 2025, up from 18,161 units sold in January 2024. The decline was the most obvious…
Stellantis’ profits fell 70% in 2024, but the company’s eyes
Stellantis' net profit fell 70% to $5.8 billion, with Stellantis' net profit in 2024. Net revenue fell 17%, but the company was able to reduce inventory. The company hopes to have a brighter 2025 year with two new Jeeps including Cherokee’s successor. 2024 is Stellantis’ roller coaster, as a few positive developments are offset by a series of setbacks. Just to make some re-imposition, CEO Carlos Tavares was effectively removed from the U.S. sale. Alfa Romeo, Chrysler, Dodge, Jeep and Ram are all falling, with the latter brand being over 100,000 units. var adpushup = window.adpushup = window.adpushup || {que :()}; adpushup.que.push(function(){if(adpushup.config.platform!=="Desktop"){adpushup.triggerad("0f7e3106-c4d6-4db4-4db4-8135 c5088799a76a76a76f8") adpushup.triggerad("82503191-E1D1-435A-874F-9C78A2A54A2F"); Given these disastrous results, it is no surprise that Stellantis' net profit fell 70% last year to €5.5 ($5.8/£450 million). Net income fell 17% to €156.9 ($164.6/£129.8 million), while industrial free cash flow was 6 ($6.3/$5). More: Stellantis U.S. sales collapsed 15% in 2024, but one brand soared 154% While it's hard to find a silver…
Tesla sales fell 45% in Europe
Tesla Model 3 Tesla, a leading electric car manufacturer, has established strong operations in many major markets including North America, Europe, the United Kingdom, China and Japan. The company has been witnessing major setbacks in sales in Europe, EFTA regions (Norway, Switzerland, Liechtenstein and Iceland) and the UK. Let's take a closer look. Tesla car sales fell 45% in Europe Tesla was once the popular electric mobility solutions provider here. However, recently, Tesla has witnessed a sharp drop in sales in the region. These figures are very serious as Tesla's sales halved, Europe fell 50.3%, Europe + UK + EFTA region fell 45.2%, while January 2024 sales performance was compared. This is a special development because of strong demand for BEVs (battery electric vehicles). In fact, BEV sales in Europe soared 37%. Overall, electric cars are still popular and thriving, but European buyers seem to be away from the Tesla brand. Tesla Model 3 Tesla's sales downturn in Europe is…
New car prices fell 2.2% in January
The median time to afford new cars in the United Nations dropped to 37.7 weeks. National revenue rose 3.6% year-on-year, according to Cox Automobile. In January, the average trading price of new cars in the United States fell to $48,641. While many people who buy new cars are still out of reach, those who can afford it will be happy to know that their affordability is at its most favorable level in 41 months. This improvement is due to the decline in average prices of new cars, coupled with the growth in average annual revenue across the United States. var adpushup = window.adpushup = window.adpushup || {que :()}; adpushup.que.push(function(){ if(adpushup.config.platform!=="Desktop"){adpushup.triggerad("0f7e3106 -c4d6-4db4-4db4-8135 c5088799a76a76a76f8") adpushup.triggerad("82503191-E1D1-435A-874F-9C78A2A54A2F"); New data suggests that in the U.S., the average number of new vehicles takes for the average new vehicle has dropped to 37.7 weeks in January, down from 38.2 weeks in December. This was also an improvement compared to 12 months ago, when the average income was…
Tata Curvv’s sales fell to the point since launch
One-person curve - Rohit Tata Curvv/EV is a popular choice in the compact SUV space, ranking fifth with a market share of nearly 6% Although the Tata Curvv Ice series starts at Rs 999 crore, the Curvv EV starts at Rs 1749 crore. Both models were launched last year. Curvv has had the lowest sales last month at 3,087 units. Tata now offers attractive discounts on both the ICE and EV versions of Curvv. Let's see how many customers can save. Tata Curvv (Gas, Diesel) Discount Offer - February 2025 Discounts on CURVV will be available by February 28. Customers who choose the MY2025 version of Curvv petrol and diesel version are eligible for discounts of up to Rs 20,000. This can be obtained in the form of a scratch bonus. Tata also offers exchange bonus worth Rs 13,793. But users can only choose one, either scratch bonus or exchange bonus. My2025 Ice Curvv has no cash discount. Tata curvv/ev…
Tesla’s sales in China fell, Byd soared in January
Sales declines are after a sharp decline in several European markets, including Germany and France go through Brad Anderson February 10, 2025 19:36 There are a total of 63,238 Teslas sold or exported in China. Sales were affected by the Lunar New Year holiday that dropped earlier this year. Byd sold 300,538 BEV and PHEV models locally, marking a 49.16% increase. In January, Tesla sold 63,238 cars in China and other markets that received Tesla in China, according to data released by the China Bus Association (CPCA). While that is still a solid figure, it is a significant drop compared to the 71,447 cars delivered in January and a sharp drop from 93,766 in December. Read: Tesla's sales crashed by up to 63% in the European market, Musk or the new model Y? While Tesla won't be excited about its sales tendency, there are some external factors at work. This year's Lunar New Year holiday is held from January 28…
On tariffs, Bitcoin fell below $95,000
Bitcoin (BTCUSD) dropped below $95,000 on Sunday’s $95,000 mark, Yahoo Finance reported. These tariffs could stimulate inflation, limiting the possibility of lowering the Fed’s reserve ratio and putting pressure on non-yield assets such as Bitcoin. Also read: Bitcoin is expected to break history as the economic environment shifts The latest data from the Indexbox platform suggests that the depreciation of cryptocurrencies has been around 15% since the peak of Bitcoin last month, marking a third consecutive day of loss on Sunday, while also hitting a three-week low. Despite slumps, Bitcoin has still gained 35% growth since the election in early November and has gained optimism about potential strategic reserves and favorable regulatory environments from the crypto-zealous White House and Congress. Key price levels for monitoring Technical analysis shows that Bitcoin’s price exhibits a possible double-layer pattern, a classic sign of a downward trend. Although Bitcoin’s peak last month was slightly higher, the bearish difference in RSI suggests that buying pressure…
Tesla’s sales fell 12 % in California, but it still crushed
Although Tesla’s market share has fallen, most competitors have expanded their ZEV in the state go through Brad Anderson February 4, 2025 15:50 Tesla sold 203,221 vehicles in California last year, less than 230,010 vehicles below 2023. Due to the decline in sales, Tesla's market share dropped from 60.1 % to 52.5 %. The Y model is a best -selling book in California, and the unit provided is twice that of RAV4. Over the years, Tesla has been an undisputed heavyweight in California's growing electric vehicle market. It dominates the sales form, crushes competitors, and makes it synonymous with Jinzhou electric vehicles. But the story told in 2024 is slightly different. Although Tesla is still leading, with the overall sales of EV and PHEV, its sales have decreased by 12 % in a year. Tesla has now decreased in his home for five consecutive quarters. Last year, in California, a total of 203,221 new Tesla models were sold. This decreased…
YAMAHA fell R3 and MT03 to Dadda Rice. 1100,000
YAMAHA R3 is currently in the Rspeucated price. 359,000 rupees, and the cost of MT-03 is rupee. 349,000 (front exhibition hall) makes them more attractive than before In order to expand the coverage of the high -end motorcycle market, India's Yamaha Motor (IYM) proposed a substantial price reduction in the Gumanrapel. The 1.1 million of R3 and MT-03 came into effect from February 1, 2025. The 10th anniversary celebration of the revised R3 SuperSport is consistent. Honestly, the old prices of these two models are too expensive. R3, the starting price is the rupee. 3.59 million rupees (front exhibition halls), with icon blue and fashionable Yamaha black color schemes. On the other hand, the price of MT-03 is priced from the rupee. 3.49 billion (front exhibition hall), with the shadow of midnight cyan and invisible midnight black appearance. The basis of Yamaha R3 is the lightweight diamond chassis. The overall design and aerodynamics are inspired by the Motogp YZR-M1 of…
Among the concerns about China’s AI, US stock futures fell down
On Monday, the US stock index futures experienced the downturn in the early Asian transactions, because people's concerns about the Chinese Deepseek AI model may destroy the technology market. For more details, please visit the full text here. As of 10:12 am in Hong Kong, the S & P 500 fingers fell by 1 %, while the contract of Nasdaq's 100 contracts has fallen by 1.9 %. The losses were extended from a meeting on Friday, and US stocks fell after the inauguration of President Donald Trump at the time. Also read: The US truck load market believes that the rejection rate after Christmas has surged At the same time, the Hong Kong stock market showed elasticity, and the Hang Seng Tech Index increased by 2 % before the upcoming "New Year Holidays of the Lunar New Year". In contrast, NVIDIA's best supplier Tokyo's best company has fallen by 8.6 %. The market closure of Taiwan and South Korea provides…
Nicholas encountered trouble, because the stock of electric vehicle manufacturers fell 95 %
According to reports, the management of truck manufacturers is exploring the possibility of selling parts or the entire company go through Brad Anderson January 24, 2025, 07: 40 In the past 12 months, Nicholas' stock has plummeted 95 %, which has caused emergency survival negotiations. The company faces cash tightening and has enough funds in the first quarter of 2025. Despite the setbacks, Nicholas still produces its TRE electric truck when it is recalled several times. It is not easy to break into the truck transportation business, just ask Nicholas. Its founder and former CEO Trevor Milton was not only sentenced to fraud in 2022, but also sentenced to four years in prison. After years of development, some interesting electric trucks have been developed. It is now reported that parts or all Nicholas can be sold. The source of no name is that Nikola is in a financial predicament and requires the savior. Although the management has not made the…
Volkswagen’s North American sales soared 19%, but sales in China fell 8.3%
Volkswagen sales fell in China and Europe, but that was actually offset by big gains in North and South America Volkswagen will deliver 4.8 million vehicles in 2024, of which SUVs account for 47% of its sales. The Tiguan is the best-selling Volkswagen, followed by the T-Roc, which will be updated in 2025. Despite the 8.3% decline, China remains Volkswagen's largest market, with sales expected to reach 2.2 million units in 2024. Global sales of the Volkswagen brand in 2024 will be 4.8 million vehicles, a year-on-year decrease of 1.4%. Among them, the number of pure electric vehicles was 383,100, a year-on-year decrease of 2.7%. Global sales of the Volkswagen brand in 2024 will be 4.8 million vehicles, a year-on-year decrease of 1.4%. While the overall decline is modest, it highlights the growing challenges posed by increased competition and changing market demands. Among them, pure electric vehicle sales were 383,100 units, a year-on-year decrease of 2.7%. This is an unwelcome…
Bajaj Auto’s domestic sales fell 19% year-on-year in two weeks
In December 2024, Bajaj Auto's total sales reached 323,000 vehicles, a slight decrease of 1% from last year's 327,000 vehicles. In terms of two-wheelers, domestic sales fell 19% to 1.28 lakh units. However, exports performed well, jumping 15% to 144,000 units. All in all, Bajaj Auto sold 2.72 lakh two-wheelers, down 4 per cent from 2.83 lakh units in the same month last year. Bajaj's overall growth in commercial vehicles is impressive compared to two-wheelers. In December 2024, domestic sales increased slightly by 5% to 34,085 vehicles, while exports surged by 50% to 16,867 vehicles. A total of 50,952 commercial vehicles were sold, a year-on-year increase of 16%. Also read: 2025 Bajaj Pulsar RS200 undergoes live testing ahead of India launch, shows off dual-projector headlights Bajaj car year-to-date sales Bajaj Auto has recorded year-on-year growth in both the two-wheeler and commercial vehicle segments from April 2024 to December 2024. In the two-wheeler category, the company sold 30.39 million units, an…
Hyundai India’s December sales fell 2.4% year-on-year
Hyundai Motor's sales in December 2024 were 55,078 vehicles, a year-on-year decrease of 2.4%. Among them, 42,208 units were sold in the domestic market and 12,870 units were sold in the international market, down 1.3% and 6.1% respectively. In 2024, Hyundai Motor's total domestic sales will be 605,000 vehicles, a slight increase of 0.55% from 602,000 vehicles in 2023. Growth was mainly driven by SUVs, which accounted for 67.6% of sales, and CNG models, which accounted for 13.1%. The Creta SUV became the best-selling model in the domestic market with sales of 1.87 lakh units, consolidating its popularity among consumers. In 2024, the company will export 159,000 vehicles, a decrease of 3.05% from 164,000 vehicles in 2023. Total sales were 764,000 vehicles, a decrease of 0.22% from 766,000 vehicles in the previous year. In a recent development, Hyundai has showcased the much-awaited Creta Electric ahead of its debut at the upcoming Bharat Mobile Expo. Some of the key specifications of…
Hero MotoCorp’s total sales fell 6.36% year-on-year in 2017
In November 2024, Hero Motorcycles sold a total of 460,000 units, a year-on-year decrease of 6.36%. Sales were down 31,245 units from last year's 491,000 units. Among them, motorcycle sales fell by 3.49% year-on-year. For reference, Hero sold a total of 426,000 motorcycles last month, 15,420 units less than the 441,000 units sold in November last year. Despite the decline in overall sales, motorcycles remain Hero Motorcycles' dominant segment, accounting for 92.62% of the market share. However, the month-on-month decrease was more obvious, reaching 33.02%. Also read: Hero Vida V2 launched in India at Rs 96,000; available in three variants Hero MotoCorp November 2024 sales: More highlights Similar to motorcycles, Hero MotoCorp's scooter sales have also fallen sharply. Sales volume was 33,949 units, a decrease of 31.79% from 49,774 units in the same month last year. Sales fell by 21.60% month-on-month, down from 43,304 units in October 2024. Returning to overall sales (motorcycles and scooters), while Hero’s domestic sales fell…
Honda’s domestic sales in India fell 42.67% year-on-year
Honda's sales in November 2024 were 10,726 vehicles, a decrease of 9.80% from last year's 11,891 vehicles. Among them, the Elevate manufacturer supplied 5,005 units to the domestic market, a decrease of 3,725 units from 8,730 units in the same month last year. This resulted in a significant year-on-year decrease of 42.67%. However, exports increased by as much as 80.99%, becoming a factor in the gap. The automaker exported 5,721 vehicles last month compared to 3,161 vehicles shipped in November 2023. Honda recently launched the third generation Amaze in India with prices starting at Rs 8 lakh (ex-showroom). The first-generation model was launched in April 2013, and the second-generation model was launched in May 2018. According to Honda, sales of this sedan in the Chinese market so far are approximately 580,000. Accounting for 40% of the company's total sales in India. Also read: New-generation Honda Amaze launched in India, priced at Rs 7.99 lakh; equipped with sunroof, ADAS, etc. Kunal…
Hyundai India’s November sales fell 6.9% year-on-year
Hyundai Motor sold a total of 61,252 vehicles in November 2024, a decrease of 6.9% from the previous year's sales of 65,801 vehicles. Sales were down 12.5% compared to the 70,078 units sold in October. In the domestic market, Hyundai Motor delivered 48,246 vehicles, a year-on-year decrease of 2.4%. At the same time, exports reached 13,006 vehicles, a sharp decrease of 20.5% from 16,350 vehicles in November 2023. Year to date, the company's total sales fell 0.04% to 709,000 vehicles. Among them, 563,000 cars were sold in the domestic market, an increase of 0.7%. On the other hand, export volume was 145,000 vehicles, a decrease of 2.8%. Talking about HMIL sales, Mr. Tarun Garg, Whole Time Director and Chief Operating Officer, HMIL said, "In November, HMIL continued its efforts to consolidate its supremacy in SUVs, which accounted for 68.8% of our total domestic sales." We have also strengthened HMIL's presence in India Business in Mainland China achieved its highest ever…
Stellantis third-quarter sales fell 20%, revenue fell 27%
The company sold nearly 1.15 million vehicles between July and September. Sales in North America plunged 36% to 299,000 vehicles. Although Stellantis reported lower sales and revenue, it will be happy to have reduced its U.S. inventory. Things were not going well for Strantis. Not only is the automaker going through management changes and dealing with intense pressure from the UAW, but its sales and earnings are declining, not just in the U.S. but around the world. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); Stellantis revealed that new car sales in the third quarter fell 20% from the third quarter last year, from approximately 1,427,000 units to only 1,148,000 units. The situation was particularly bad in North America, where sales fell 36% from 470,000 to 299,000. Sales in Europe also fell significantly, with sales down 17% to 496,000 units; sales in the Middle East…
Kia’s global sales in the third quarter fell 1.9% year-on-year; the price is about 7.64
Kia, a well-known Korean automobile manufacturer, announced its sales data for the third quarter of this year. The company highlighted significant sales growth in India, North America, the Middle East and Asia-Pacific, mainly due to the popularity of recreational vehicles in these markets. However, despite growth in specific regions, the brand has faced an overall decline in global sales. In the third quarter, the automaker sold approximately 764,000 vehicles, down 1.9% from the same period in 2023. Kia attributed the decline to the temporary suspension of production at some plants for facility upgrades. Also read: 2024 Kia Carnival deliveries start in India, cricketer Suresh Raina becomes first owner Kia’s global sales in the third quarter of 2024 The temporary decline in sales of some models is related to the adjustment of model lineup. From January to September this year, Kia Motors' global sales totaled approximately 2.319 million vehicles, a year-on-year decrease of 1.5%. In addition, sales of electric vehicles fell…
Subaru WRX without seat belt nearly fell off cliff
A Subaru WRX fell from the back of a flatbed while driving on a remote mountain road. It is unclear whether the rally car suffered any mechanical damage after the fall. The car nearly fell off the edge of a cliff when the accident occurred. One might think that the most obvious and basic thing to do when transporting a car on a flatbed is to secure it securely. If you don’t, a simple shipping job can turn into a disaster waiting to happen. However, for some reason, not everyone seems to follow the most basic rules. A flatbed driver's negligence or forgetfulness nearly caused disaster for a Subaru WRX rally car. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); The video, although short, was recently shared on social media and shows a flatbed truck transporting a modified WRX on a mountain road. While we can't…
BMW electric car sales rose 23%, while Mercedes electric car sales fell 31%, but
Strong EV sales failed to stop BMW's overall deliveries from falling, with China sales down 30% in the third quarter go through Chris Chilton 9 hours ago In the first nine months of 2023, global sales of BMW brand electric vehicles surged 22.6%. That growth has slowed somewhat over time, but sales of electric vehicles from the BMW Group, which includes Rolls-Royce and Mini, still rose 10.1% in the third quarter. BMW's overall performance was less than impressive, but the real concern was in China, where sales fell nearly 30% in the third quarter. Carmakers around the world are upset about falling electric car sales, but maybe they're just making the wrong type of electric car, since BMW doesn't seem to have any problems moving its battery cars. Sales of BMW-branded electric cars are up by more than a fifth so far. The latest data released by the automaker this week showed that BMW's electric vehicle sales increased by 22.6%…
JSW MG Motor’s September retail sales fell 8% year-on-year
JSW MG Motor reported an 8% year-on-year drop in retail sales in September, with 4,588 units sold in the month. This is down from 5,003 units in the same period last year. Meanwhile, the company also announced that new energy vehicles (NEVs) accounted for 49% of its total sales last month, highlighting their growing contribution. MG further revealed that starting this month, it will transition to the Vaahan Portal for sales reporting. MG Motor has continued to publish retail sales data since entering the Indian market, and its switch to Vaahan reflects the maturity and reliability of its sales data. Also read: MG Hector Snowstorm and Astor Blackstorm updated versions launched in India JSW MG Motor September sales: reasons for decline The British manufacturer admitted that sales are facing challenges due to the Shradd period and extended monsoon, but expressed optimism about improving market activity in the wake of the festive season. MG Motor expects the number of dealers to…
Hyundai Motor India’s July sales fell 10% year-on-year
Hyundai Motor India's sales fell 10% year-on-year last month, reflecting challenges in a highly competitive market. In September 2024, the company sold 64,201 vehicles and continued to occupy a significant position in the Indian automobile industry. Despite declining sales, Hyundai remains focused on offering a variety of vehicles, including SUVs and electric models. The sales decline could be due to market changes or shifting consumer preferences, but Hyundai hopes to recover through its strong product lineup and strategic efforts. The company's performance in India remains important as it faces increasing competition and changing industry trends. Also read: Hyundai Creta electric car interior features three-spoke steering wheel ahead of India launch Hyundai Motor Sales Data: September 2024 Hyundai India reported total sales of 64,201 units in September 2024, of which 51,101 units were sold in the domestic market and 13,100 units were exported. This is a 10% decrease compared to September 2023. However, overall sales increased slightly by 1% compared to…
Audi sales fell 21%, but one model soared 36%
Audi's third-quarter sales reached 46,752 vehicles, a year-on-year decrease of 21%. Demand for most of the brand's sedans and SUVs will decline through 2024. Although Audi's new car sales are down, its certified pre-owned vehicles are popular. Audi has released its third-quarter sales figures, and they don't make good reading. The downturn was seen across nearly all of the luxury automaker's models, with only two exceptions: the e-tron GT and Q3, both of which saw sales rise in a rare exception to the disappointing report. A ray of hope. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); The German brand sold 46,752 vehicles in the United States between July and September. This is a decrease of 21% from 59,535 units in the third quarter of 2023. Audi's year-to-date sales have also dropped 17% from 167,880 units to just 139,665 units. SUV sales take a hit, and…
Maruti Suzuki India’s sales fell 4% year-on-year in August;
Maruti Suzuki India's total sales fell 4% to around 1.82 lakh units in August, compared with over 1.89 lakh units sold in the same period last year. The manufacturer's domestic passenger vehicle wholesales fell 8% to 1.43 lakh units in August, compared with 1.56 lakh units sold in the same period of 2023. Also, sales of Alto and S-Presso models belonging to the mini segment plunged in August, from 12,209 units in 2023 to 10,648 units this year. Similarly, sales of compact models including Baleno, Celerio, Dzire, Ignis and Swift fell 20% to 58,051 units from 72,451 units in the same period last year. Read on to know more. Also read: Maruti Suzuki Fronx spotted testing ADAS in India, will it be launched soon? Maruti Suzuki sales figures: August 2024 However, the utility vehicle (UV) segment (which includes Grand Vitara, Brezza, Ertiga, Invicto, Fronx and XL6 models) recorded sales of 62,684 units last month, up from 58,746 units in the…
Maruti Suzuki India’s sales fell 4% year-on-year in August;
Maruti Suzuki India's total sales fell 4% to around 1.82 lakh units in August, compared with over 1.89 lakh units sold in the same period last year. The manufacturer's domestic passenger vehicle wholesales fell 8% to 1.43 lakh units in August, compared with 1.56 lakh units sold in the same period of 2023. Also, sales of Alto and S-Presso models belonging to the mini segment plunged in August, from 12,209 units in 2023 to 10,648 units this year. Similarly, sales of compact models including Baleno, Celerio, Dzire, Ignis and Swift fell 20% to 58,051 units from 72,451 units in the same period last year. Read on to know more. Also read: Maruti Suzuki Fronx spotted testing ADAS in India, will it be launched soon? Maruti Suzuki sales figures: August 2024 However, the utility vehicle (UV) segment (which includes Grand Vitara, Brezza, Ertiga, Invicto, Fronx and XL6 models) recorded sales of 62,684 units last month, up from 58,746 units in the…
Tata Motors’ total domestic passenger vehicle sales fell 3% year-on-year
Tata Motors saw a decline in sales across multiple categories in August 2024. Last month, the company sold a total of 71,693 vehicles (domestic and international), which is much lower than the 78,010 units it sold last year. Of the total sales, the company delivered 70,006 vehicles in the domestic market, which is 8% lower year-on-year from the 76,261 units sold in August 2023. Talking about passenger cars, the manufacturer supplied 44,142 units domestically and 44,486 units overall, both down 3% year-on-year. In August this year, the company sold 5,935 electric vehicles, which is 5% less than the 6,236 electric vehicles it sold last year. On the export front, the company shipped 344 units last month, which is 18% less than the 420 units it exported last year. Read on for more details. Also read: Tata Curvv ICE launched in India at Rs. Tata Motors sales in August 2024: More highlights The domestic automaker's overall commercial vehicle sales fell 15%…
Tesla driver fell asleep, police activated automatic parking system to stop the vehicle
According to police, they followed the car for more than a mile while the driver slept before pulling it over Police say a 25-year-old man fell asleep in the Tesla Model 3 he was driving before he was pulled over. After officers made contact with him, they found several bottles of drugs in the vehicle. He now faces a raft of serious charges in connection with the incident. Falling asleep at the wheel can quickly lead to death. In the case of a young man in South Carolina, a Tesla Model 3 in semi-autonomous mode saved his life while he was asleep. When he woke up, he must have been surprised to see several police officers pulling over his car. Now, he faces several serious charges after police say they found drugs in the car. Officers with the Wilson Mills Police Department said they received a call around 4 p.m. Saturday about a driver who appeared to have fallen asleep.…
Royal Enfield’s sales in July fell 8% year-on-year to 73,177 units
According to a recent announcement by Royal Enfield, their sales in July 2024 were 8% lower than July 2023. Last month, the Chennai-based two-wheeler manufacturer sold a total of 73,117 units. Meanwhile, in July 2023, the brand sold a total of 67,265 units. Commenting on the performance in July 2024, B Govindarajan, CEO, Royal Enfield said, "July was an exciting month for us as we launched our premium roadster – Guerrilla 450 in the vibrant city of Barcelona. The launch of Guerrilla 450 underscores our commitment to deliver world-class products for an exceptional motorcycling experience. We are extremely happy with the response we have received so far. With our focus on innovation and customer engagement, we have many more exciting announcements in store for motorcycle enthusiasts around the world. Also read: Royal Enfield Himalayan vs Ducati DesertX Off-Road Comparison Review: The Ultimate ADV Bike and Rider Challenge Royal Enfield Sales: July 2024 By July 2024, exports were 6,057 and domestic…
Hyundai Motor India sales fell 3% to 64,563 units
In July 2024, Hyundai Motor India Limited (HMIL) sold a total of 64,563 units, of which 15,550 were exported and 49,013 were sold domestically. This is a year-on-year decrease of 3.2%. In July last year, the automaker sold a total of 66,701 vehicles, according to a statement from the company. In addition, in July 2024, vehicle shipments to domestic dealers fell 3.3% to 49,013 units from 50,701 units last year. Exports fell 2.81% year-on-year to 15,550 units, indicating the same challenges. Meanwhile, the South Korean automaker's total sales from January to July this year exceeded 450,000 units, a year-on-year increase of 4.31%. Commenting on the latest sales performance, Tarun Garg, Whole Time Director and COO, HMIL said, "During January-July 2024, our overall sales grew by 4.31% year-on-year. SUVs continued to show strong contribution and accounted for 66.6% of HMIL's total domestic sales. The new Hyundai CRETA achieved the key milestone of 1 lakh units sales while achieving the highest ever…
Hyundai Motor India sales fell 3% to 64,563 units
In July 2024, Hyundai Motor India Limited (HMIL) sold a total of 64,563 units, of which 15,550 were exported and 49,013 were sold domestically. This is a year-on-year decrease of 3.2%. In July last year, the automaker sold a total of 66,701 vehicles, according to a statement from the company. In addition, in July 2024, vehicle shipments to domestic dealers fell 3.3% to 49,013 units from 50,701 units last year. Exports fell 2.81% year-on-year to 15,550 units, indicating the same challenges. Meanwhile, the South Korean automaker's total sales from January to July this year exceeded 450,000 units, a year-on-year increase of 4.31%. Commenting on the latest sales performance, Tarun Garg, Whole Time Director and COO, HMIL said, "During January-July 2024, our overall sales grew by 4.31% year-on-year. SUVs continued to show strong contribution and accounted for 66.6% of HMIL's total domestic sales. The new Hyundai CRETA achieved the key milestone of 1 lakh units sales while achieving the highest ever…
Tata Motors’ sales in July fell 11% year-on-year to 71,996 units.
Tata Motors has reported a decline in passenger vehicle sales in July 2024. The company sold 44,954 passenger vehicles last month, down from 47,689 units in 2023. This means that the automaker's sales fell by 6%. The data includes domestic and international sales figures of ICE and electric vehicles. Further, the automaker announced that it sold 44,725 vehicles in the domestic PV market in India last month, which is 6% lower than 47,628 units in the same period last year. However, the automaker's exports increased significantly from 61 units in the same period last year to 229 units in July this year. This means that the brand's PV exports have increased by 275%. Also read: Tata Curvv vs Citroen Basalt design comparison: Which one is better? Tata Motors sales figures: July 2024 Tata Motors commands a majority share (around 85%) of the electric passenger vehicle market in India with models like Nexon EV, Tiago EV, Punch EV and Tigor EV.…
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