Hyundai Motor’s sales will reach 764,000 vehicles in 2024, setting an annual record
Photo credit: Shyam Sharma Hyundai Motor's domestic sales (including exports) in 2024 will reach 7,64,119 units, setting a record for three consecutive years Hyundai Motor India Ltd (HMIL) once again set the highest annual domestic sales record in 2024, breaking records for the third consecutive year. With impressive domestic sales of 6,05,433 units, HMIL continues to be the leader in the Indian automobile industry. Total sales for the year, including exports, reached 7,64,119 units. In December 2024, the Korean auto giant's total sales were 55,078 vehicles, of which 42,208 were domestic sales and 12,870 were exported. Compared with December 2023, domestic sales fell slightly by 1.3%, but exports fell by 6.1% year-on-year. Creta emerged as the best performing model with domestic sales in 2024 reaching its best ever of 1,86,919 units. This milestone helped HMIL achieve its highest-ever SUV contribution to domestic sales at 67.6%. HMIL's CNG product portfolio also witnessed significant growth in 2024. The company's Hy-CNG Duo (twin-cylinder…
New Kia Sonet to reach sales milestone of over $1 billion in 2024
Monthly sales of the Kia Sonet average close to 10,000 units, with prices starting at Rs. 7.99 lakh (ex-showroom) Kia India today announced that the new Sonet has achieved the one-hundred-unit sales milestone in just 11 months since its launch in January 2024. The success underlines the compact SUV's popularity among Indian buyers, with monthly sales averaging close to 10,000 units. Prices start from Rs. Priced at Rs 7.99 lakh (ex-showroom), the Sonet facelift has emerged as a strong contender in the highly competitive compact SUV segment. Petrol-powered models dominated the sales charts, accounting for 76% of the total, while 24% of buyers opted for the efficient 1.5-litre diesel engine. According to the brand, automatic transmissions and intelligent manual transmissions (iMT) accounted for 34% of total sales, also indicating the growing preference for automatic transmission options. Additionally, models equipped with sunroofs have proven particularly popular, accounting for an impressive 79% of total sales. In addition, it has industry-leading low maintenance…
Bookings for Honda Amaze ZX reach 60% – ADAS and in-demand features!
The third generation Honda Amaze was recently launched in India with a starting price of Rs 8 lakh (ex-showroom). This time, the carmaker has decided to sell the second-generation Amaze alongside the new model to private and fleet buyers. However, only the S and VX variants of the old model and the petrol-manual combo are on the market. Buyers can also opt for the petrol-CNG fuel option at the RTO-approved dealer level. Bookings for the new Honda Amaze have started across the country. Amaze ZX comes with ADAS and dual-tone alloys. Honda is selling two generations of Amaze simultaneously. The older Amaze was available in petrol-CNG fuel options, but only at dealer level. The new Amaze does not have a sunroof but comes with LaneWatch and connected car technology. The high-end, fully loaded ZX model accounts for nearly 60% of total bookings. This trim comes with two unique features: the Honda Sensing ADAS (Advanced Driver Assistance Systems) suite with adaptive…
Case study: CVB partnership expands Lenovo Technology’s reach
Listen to audio The incident involved a village. In partnership with Visit Bellevue, planners of Lenovo Technology World 2024 are demonstrating the transformative power of partnerships. Lenovo Tech World is an annual event for global technology companies, and with an event of this caliber going on, it's a tall order for the organizers. After the 2023 Austin event, planners at Event Strategy Group (ESG) are setting their sights on the Pacific Northwest for the 2024 Smarter AI for All conference. They chose Bellevue, a tech-forward city east of Seattle. ESG President Renee Scullin (left) and Senior Event Manager Allison Swank (right) Through their engaged and supportive relationship with Visit Bellevue and working closely with Destination Sales Manager Marty McCormack, ESG President Renee Scullin and Senior Event Manager Allison Swank made Lenovo Tech World 2024 a great success. Bellevue selected to host Lenovo Technology World 2024 Meet attendee needs Marty McCormack, Destination Sales Manager, Visit Bellevue Bellevue is a major tech…
Raccoon Media expands its reach with new animal health products
Guildford, UK - This move aims toExpand its reach and add value to its attendees and exhibitors, Raccoon Media Group A new animal health department was created. The division will oversee the company's established national equestrian shows and two new acquisitions, Pats (Pet & Water Sports Trade Show) and beta international. Leading the effort is new CEO Nicole Cooper, who has 30 years' experience in the events sector. “We are very excited about the launch of the new Animal Health Division and the opportunities for growth and innovation it will bring at these two incredible expos,” she said. “Our main focus going forward is to expand our reach and create more value for attendees and exhibitors.” Cooper said the current growth strategy will be to expand the size and scope of current affairs events. “We are exploring new features such as more specialized content tracks, hands-on workshops and interactive product demonstrations, all designed to deepen engagement and knowledge sharing. Additionally,…
Maruti sales reach 206,000 units in October 2024 – highest monthly sales
New Maruti Brezza Maruti Suzuki's overall sales increased by 3.62%, domestic sales fell, but exports increased significantly In October 2024, Maruti Suzuki India Ltd.'s total sales volume was 2,06,434 units. This marks the company's highest monthly sales ever. Compared with the sales volume of 1,99,217 units in October 2023, this represents a year-on-year growth of 3.62%. Total sales in the domestic market were 1,59,591 units. This is a year-on-year decrease of 5.03% compared to 1,68,047 units sold in October 2023. However, compared with 1,44,962 units sold in September 2024, this represents a month-on-month growth of 10.09%. Maruti Sales – October 2024 Despite the decline in domestic sales, the company reported a 51.10% year-on-year increase in exports to 33,168 units, up from 21,951 units in October 2023. This was related to a sales increase of 11,217 units. Maruti also sells some of its models to Toyota. These rebadged models increased 90.35% year-on-year to 10,136 units, up from 5,325 units sold in…
Volkswagen Virtus GT Line 1.0 Liter Reach Showroom
Volkswagen Virtus GT Line 1.0 Liter: Pictures – Yash9W With the launch of the VW Virtus GT Line version powered by the 1.0L TSI engine, the company offers sportier appeal and stealthy looks at a lower price Skoda Auto Volkswagen India (SAVWIPL) offers four models in the Indian market based on the MQB A0 IN platform. They are known for their strong engineering and performance. Virtus and Slavia are two cars based on this platform. Volkswagen recently launched the Virtus GT Line version equipped with a 1.0L TSI engine. This is the first time Volkswagen has offered a GT badge on a Virtus model equipped with the smaller 1.0L TSI engine. Thereby democratizing its higher-level GT badge. Prices start from Rs 14.07 Lakh (Ex-sh) and here is what it has to offer. Volkswagen Virtus GT Line 1.0 Liter: Pictures – Yash9W Volkswagen Virtus GT Series 1.0L The GT series of Virtus sedans are equipped with a 1.5L EVO engine and…
Mahindra Thar Roxx Base 4WD Variant Reach Showroom
Mahindra Thar Roxx base 4WD variant The base Thar Roxx 4WD model comes with a sole 2.2L diesel engine that produces 150 bhp of peak power and 330 Nm of peak torque Ever since Mahindra announced the Thar Roxx 4WD price, there has been a lot of buzz in the automotive industry. This is because the most affordable Thar Roxx 4WD variant is the MX5 Diesel MT 4WD, which is priced at a whopping Rs 18.75 lakh (excluding taxes). The base 4WD version of the Thar Roxx unit has arrived at showrooms and here’s what it comes with. Thar Roxx base 4WD variant Mahindra Auto, one of India's leading SUV manufacturers, has achieved a lot by reviving the lifestyle SUV segment. Before the launch of the Thar in 2020, the lifestyle segment was almost dead with little to no action. Mahindra not only revived the segment with the Thar but even launched a 5-door version. Mahindra Thar Roxx MX5 Diesel…
USMX and ILA reach labor agreement, port operations resume
The American Association of Port Authorities (AAPA) celebrates the signing of a new agreement between the United States Maritime Alliance (USMX) and the International Longshoremen’s Association (ILA) that allows Eastern and Gulf Coast ports to quickly resume operations. Also read: Managing supply chains through disruption: ILA strikes on Gulf and East Coast in 2024 AAPA President and CEO Cary S. Davis emphasized the importance of collaboration between management and labor to keep the nation's supply chains functioning. While a full return to operations may take some time, Davis expressed gratitude for the successful negotiations and acknowledged the resiliency of the port system. Before the strike, AAPA sent a letter to President Biden warning of the possible economic consequences of a long-running labor dispute.
Germany plans to provide subsidies to companies whose electric vehicle sales reach 69%
The tax breaks target higher-priced company cars in the hope of spurring demand for electric vehicles Germany to introduce 'depreciation allowance' for electric company cars Drivers of expensive zero-emission company cars can also receive tax breaks. The company aims to boost sales of electric vehicles after they fell sharply in recent months. The federal government wants to introduce tax breaks for electric car companies less than a year after Germany abruptly cut subsidies for electric cars and after Volkswagen's boss threatened to close German factories due to lack of demand. The new incentives include a "depreciation allowance" for zero-emission company cars, which will run from July 1, 2024 to December 2028. This will allow companies to claim a tax deduction equal to 40% of the value of the electric car in the year of purchase, with the rate gradually falling to 6%. MORE: Volkswagen finance chief warns the company has 'one to two years' to save the brand In addition,…
Tata Motors sales reach 44,000 units in August 2024 – Curvv petrol and diesel models launched
New Tata Curvv EV – Voyager Aamir Tata Motors' total sales in August 2024 were 71,693 units, with passenger car sales down 3% year-on-year and commercial vehicle sales down 15% Tata Motors posted a poor sales performance for the period till August 2024. Except for the passenger category, the company reported negative sales growth in all segments. Commercial vehicle exports also improved marginally. Tata Motors passenger car sales in August 2024 Tata Motors sold 44,142 units of passenger vehicles. This is a year-on-year decline of 3.01% compared to 45,513 units sold in July 2023, with a decline in sales of 1,371 units. Monthly sales also suffered a setback of 1.30% compared to 44,725 units sold in July 2024. Tata Motors sales in August 2024 Passenger car exports fell 18% to 344 units from 420 units in the same period last year. This brought total passenger car sales, including electric vehicles, down to 44,486 units, down 3% year-on-year from 45,933 units…
Power Transformer Market Forecasted to Reach USD 37.5 Billion
The power transformer market is expected to grow from $20.7 billion today to more than $15 billion by 2015. By 2032, the population will reach 37.5 billion; according to a new research report Global Market Insights Advances such as improved insulation materials, enhanced protection features, and advanced cooling systems help improve operating efficiency and reduce energy losses. Innovations such as smart transformers and integrated protection technologies further improve reliability and performance. As industries and utilities place increasing emphasis on energy efficiency and seek to modernize their power systems, demand for advanced transformers with superior efficiency and technological advantages will grow strongly. Also Read: Major Import Markets for Power Transformers The power transformer industry is segmented on the basis of core, winding, cooling, insulation, rating, installation, application, and region. The pole-type transformer market is expected to account for a significant market share by 2032, owing to its widespread use in distribution networks, especially in residential and rural areas. Pole-type transformers are…
Lucid says it will take Tesla until 2032 to reach its current electric car levels
The Lucid Air Pure is rated at 146 MPGe, while the Tesla Model S is rated at 122 MPGe go through Brad Anderson 10 hours ago The new Lucid Air Pure can travel 420 miles (676 km) on a single charge. Tesla's Model S is the Air's closest competitor, but it still lags behind. Lucid CEO Peter Rawlinson believes efficiency is a huge test of the automaker's electric vehicle technology. The boss of Lucid Motors has said that it will take until 2032 for the Tesla Model S to match the range efficiency of the new Air Pure, which is being billed as the “most fuel-efficient car ever”. Thanks to its technologically advanced 84 kWh battery pack, the Lucid Air Pure can travel 420 miles (676 km) on a single charge. That equates to 5 miles (8 km) per kilowatt of energy, easily outperforming the most efficient Tesla Model S, which requires 1 kWh of energy for every 4 miles…
Tata Punch becomes the fastest SUV to reach 400,000 sales in 34 years
Tata Motors continues to make waves in the Indian automobile market, with the Tata Punch being a standout performer. The subcompact SUV has achieved a remarkable milestone by crossing 4 lakh units in just 34 months since its launch in October 2021, becoming the fastest SUV in India to reach this milestone. Sales Milestone Achievements: The Tata Punch has quickly become a favourite among Indian consumers, helping Tata Motors secure the third position in the Indian market by July 2024. This achievement highlights the continued popularity of the Punch, thanks to its attractive design, comfortable ride and impressive performance. The car’s rapid success underscores its strong market presence and growing customer base. Product highlights: The Tata Punch is known for its rugged design, excellent ride quality and unique soft-road handling capabilities. It even conquered the challenging slopes of Sandakphu, a feat that showcased its excellent performance despite being a front-wheel drive vehicle. Moreover, the Punch has a full 5-star GNCAP…
Tata Punch becomes the fastest SUV to reach 400,000 sales in India
SUV usually implies a rugged ladder-frame chassis and a four-wheel drive (4X4) layout. Well, that’s what it meant before crossovers came along and adopted the SUV moniker. Hence, every high-riding vehicle is now called an SUV and even buyers are happy to accept it. So, what can we complain about? Ladies and gentlemen, boys, girls, and everyone in between, drum roll – Tata Punch becomes the fastest SUV to cross 400,000 sales in India. It’s been quite a journey. Tata Punch Press Launched in October 2021, less than three years ago, the Punch has gone from strength to strength as the smallest SUV in the Tata Motors range. While Tata launched the Punch with just a 1.2-litre 3-cylinder Revotron petrol engine, powerplant options now include a CNG unit and an electric powertrain. There are two or three gearboxes to choose from. Petrol Punch buyers can choose between a 5-speed manual or a 5-speed AMT, while CNG Punch buyers can…
Will China’s Catering Industry Revenue Reach 5 Trillion Yuan in 2020? “FHA-China”
Will China's Catering Industry Revenue Reach 5 Trillion Yuan in 2020? "FHA-China" In recent years, Chinese consumers have increasingly expressed their desire to buy high-quality products domestically that are as good as imported foods. According to a recent report by the China Culinary Association, food consumption in the Chinese market was estimated at 3.9 trillion yuan in 2017, and it is expected that by the end of 2020, the turnover of China's catering industry will exceed 5 trillion yuan.As a professional event of catering, food and beverage equipment in East China, 2018Shanghai Catering Equipment ExhibitionFHA-China attracted 536 enterprises from 28 countries and regions, including Turkey, the UK, the US, Thailand, Spain, Singapore, Russia, Malaysia, South Korea, Japan, Italy, France, Brazil, Australia and Vietnam. while several domestic provinces and cities showed up and received a total of 29,280 visitors, including 13,901 professional visitors. The total exhibition area exceeded 26,000 square meters.In order to meet the increasing demand for high-quality food and…
Episode 122 – Maximizing Exhibitor Reach Using Virtual Platforms –
In today’s fast-changing world of events, it’s critical for exhibitors to find new ways to reach their target audience. Erica Bishaf, founder and CEO of CampfireSocial, the first private social network and commerce platform designed specifically for the trade vertical, will provide tips and advice. An award-winning strategy and insights veteran with over 20 years of experience, Erica has worked for consumer packaged goods companies such as Kraft, Nestle, Kimberly-Clark, and MillerCoors, and through her consulting business has developed strategic programs for associations and event organizers including Freeman, GES, the American Library Association, the Audiovisual and Integrated Experience Association (AVIXA), the Radiological Society of North America (RSNA), the National Retail Federation (NRF), and others. In this episode, we discuss: Reach potential customers through virtual platforms such as communities, marketplaces, and virtual events How exhibitors can maximize their impact on virtual platforms Strategies deployed in communities, markets, and virtual events Erica’s key takeaways: Content marketing and relationship building strategies will generate…
“Working together to reach a higher level” – Shanghai Restaurant Chain Franchise Expo 2017
“Working together to reach a higher level” - Shanghai Restaurant Chain Franchise Expo 2017 As we all know, in the modern business operations of catering brands, a single brand cannot achieve good market results. In the catering market, consumers are more concerned about brands, especially new brands, and always want to try them. At the same time, there is also a fan love for old brands. On this basis, a comprehensive catering service platform has emerged in the market.(Catering fair). Through the creation and export of a variety of advantageous catering brands, catering fairs not only allow consumers to experience the richness and variety of the catering market, but also provide more opportunities for entrepreneurs. and"2017The 8th Shanghai International Restaurant Chain Franchise Exhibition, which is a famous brand builder in this field,2017The 8th Shanghai International Restaurant Chain Franchise Exhibition has achieved good entrepreneurial results over many years of operation. 2017Shanghai International Restaurant Chain Franchise Exhibition creates an international industry exhibition…
Indian Ad Fair: Investments in Indian advertising market to reach US$ 12.5 billion in 2016
Indian Ad Fair: Investments in Indian advertising market to reach US$ 12.5 billion in 2016 The annual Indian Advertising Exhibition will be held from late September to early October. This international exhibition is organized by.FrankfurtIndiaHosted by, the exhibition venue is located atMactan Exhibition Centre, New DelhiThe three-day exhibition will attract more than 20,000 visitors and over 200 exhibitors.India's current population is about 1.3 billion. In terms of population structure, India has the advantage of being young and ensuring its consumption power and economic development. India's 12th Five-Year Plan is expected to maintain a growth rate of 8.5%. Against the backdrop of a weak global economy, such a growth rate is astonishing, and India's economic growth is mainly driven by domestic demand, and will be greatly reduced by the interference of external risks. In terms of talent training, India draws more on the advanced concepts of Western education, and its talents have strong innovation capabilities. In addition, India is a diversified…
Indian Ad Fair: Investments in Indian advertising market to reach US$ 12.5 billion in 2016
Indian Ad Fair: Investments in Indian advertising market to reach US$ 12.5 billion in 2016 The annual Indian Advertising Exhibition will be held from late September to early October. This international exhibition is organized by.FrankfurtIndiaHosted by, the exhibition venue is located atMactan Exhibition Centre, New DelhiThe three-day exhibition will attract more than 20,000 visitors and over 200 exhibitors.India's current population is about 1.3 billion. In terms of population structure, India has the advantage of being young and ensuring its consumption power and economic development. India's 12th Five-Year Plan is expected to maintain a growth rate of 8.5%. Against the backdrop of a weak global economy, such a growth rate is astonishing, and India's economic growth is mainly driven by domestic demand, and will be greatly reduced by the interference of external risks. In terms of talent training, India draws more on the advanced concepts of Western education, and its talents have strong innovation capabilities. In addition, India is a diversified…
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