TVS motor auto sales: TVS Motor posts 25% increase in sales in April over corresponding period last year

TVS Motor, which manufactures two-wheeler and three-wheeler vehicles, has registered a 25 per cent growth in sales in April, having sold 3,83,615 units this year compared to 3,06,224 units during the same month last year, the company said on Wednesday. Sales of total two-wheelers made in April this year went up by 27 per cent … Read more

Minda Corporation rolls out one million two-wheeler smart keyless system

Minda Corporation Limited, the flagship company of Spark Minda, Friday said it has rolled out one million two-wheeler smart keyless system. The smart keyless system has been designed & developed at the Smart Minda Technical Centre. Ashok Minda, Group Chief Executive Officer at Spark Minda, said, “As a technology-driven brand, Spark Minda continually pushes boundaries … Read more

TVS Motor sales rise by 33% in February

New Delhi, TVS Motor Company on Friday said its wholesales rose 33 per cent year-on-year to 3,68,424 units in February. The company had dispatched 2,76,150 units in February 2023. Total two-wheeler sales registered a growth of 34 per cent to 3,57,810 units last month from 2,67,026 units in February last year, the company said in … Read more

FADA: Auto retails jump 21% in December; CY23 growth in double digits: FADA

Automobile retail sales saw a growth of 21 per cent year-on-year in the month of December, Federation of Automobile Dealers Associations (FADA) data showed on Monday. All sectors experienced favourable expansion, showcasing robust performance. Notably, two-wheeler (2W) sales surged by 28 per cent, three-wheeler (3W) sales demonstrated a growth of 36 per cent, and passenger … Read more

Suzuki Motorcycle India’s vehicle sales grow 24 pc in Dec

Mumbai: Two-wheeler maker Suzuki Motorcycle India on Tuesday said its vehicle sales increased 24 per cent year-on-year to 79,483 units in December. Suzuki Motorcycle India Pvt Ltd (SMIPL), a subsidiary of Suzuki Motor Corporation, had sold 63,912 vehicles in December, as per a company statement. “The company closed December 2023 with total sales of 79,483 … Read more

Mahindra and Mahindra, others to invest $105 mln in two-wheeler unit

Indian automaker Mahindra and Mahindra said on Wednesday that the company, along with external investors, will spend 8.75 billion rupees ($105 million) in its two-wheeler unit, Classic Legends, over the next two to three years. The ‘Scorpio’ car manufacturer, will invest 5.25 billion and the remaining will come from existing shareholders and new investors, Mahindra … Read more