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Tata Motors records best-ever annual sales in CY2023: 550,838 PVs, EV share rises to 12.55%

Tata Motors records best-ever annual sales in CY2023: 550,838 PVs, EV share rises to 12.55%

Ajit Dalvi     calendar01 Jan 2024

While this is a 5% increase over CY2022’s 526,798 units, CY2023 marks the second consecutive year that Tata has surpassed the half-a-million PV sales milestone. EV sales at 69,153 units are up 62% and their contribution has increased to 12....

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Maruti Suzuki December 2023 despatches down by 6.5% in a stock-correction move News
Maruti Suzuki December 2023 despatches down by 6.5% in a stock-correction move

By Mayank Dhingra calendar01 Jan 2024

Despatches of the company’s entry-level cars plummeted by over 73 percent and the wholesales of its seven compact cars...

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Maruti Suzuki sells 1.7 million vehicles in CY2023, SUVs and MPVs record 68% growth Analysis Sales
Maruti Suzuki sells 1.7 million vehicles in CY2023, SUVs and MPVs record 68% growth

By Ajit Dalvi calendar01 Jan 2024

Unabating wave of demand for utility vehicles in India sees the passenger vehicle market leader sell 566,545 SUVs and ...

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JK Tyre raises Rs 500 crore via Qualified Institutional Placement News
JK Tyre raises Rs 500 crore via Qualified Institutional Placement

autherAutocar Professional Bureau calendar01 Jan 2024

The QIP funds will be used for growth capex and strengthening the balance sheet. 

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Toyota Kirloskar Motor registers best-ever annual sales in CY2023: 221,356 units Analysis Sales
Toyota Kirloskar Motor registers best-ever annual sales in CY2023: 221,356 units

By Ajit Dalvi calendar01 Jan 2024

A combination of sustained demand for its MPVs and SUVs as also the rebadged models like the Glanza, Urban Cruiser Hyr...

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MG Motor India sells 56,902 units in CY2023, EVs account for 25 percent sales Analysis Sales
MG Motor India sells 56,902 units in CY2023, EVs account for 25 percent sales

By Ajit Dalvi calendar01 Jan 2024

CY2023, which saw MG Motor India register 18% YoY growth, marks its fourth consecutive year of growth; sells 14,225 Co...

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The Leasing Solution: Battery leasing could solve problem of increased EV costs after subsidy withdrawal News
The Leasing Solution: Battery leasing could solve problem of increased EV costs after subsidy withdrawal

By Amit Vijay M calendar01 Jan 2024

As per this system, individuals have the option to pay the upfront cost of the vehicle, while the battery cost can be ...

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The Leasing Solution: Battery leasing could solve problem of increased EV costs after subsidy withdrawal News
The Leasing Solution: Battery leasing could solve problem of increased EV costs after subsidy withdrawal

By Amit Vijay M calendar01 Jan 2024

As per this system, individuals have the option to pay the upfront cost of the vehicle, while the battery cost can be ...

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EV share of auto sales in India grows to over 6% in CY2023 Analysis Sales
EV share of auto sales in India grows to over 6% in CY2023

By Ajit Dalvi calendar01 Jan 2024

The EV industry was propelled to the top of the news agenda in 2023 with the shift to eco-friendly motoring reflected ...

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EV share of auto sales in India grows to over 6% in CY2023 Analysis Sales
EV share of auto sales in India grows to over 6% in CY2023

By Ajit Dalvi calendar01 Jan 2024

The EV industry was propelled to the top of the news agenda in 2023 with the shift to eco-friendly motoring reflected ...

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Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

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