September 2024 Car Sales Analysis
Total: 3.58 lakh units (1.1% decline YoY)
Maruti: 1.44 lakh units (3.8% annual decline) - It's high time they start giving safety features like 6 airbags as standard because other Indian manufacturers are capitalising on this very thing.
#BREAKING
Finally! It is official. Hyundai will buy GM's Talegaon plant in
#Maharashtra
. Full scale operations in 2025 once the plant is refurbished to Hyundai's needs.
#HyundaiIndia
plans combined capacity of over 1 million units in India once this plant begins operations.
Ministry of Road Transport has made air conditioned cabins mandatory for trucks from 1st October 2025.
A landmark decision for sure!
Better working conditions for truck drivers will in turn result in safer roads, too.
Hyundai Motor India and General Motors will be signing a formal agreement next week for acquisition of GM's Talegaon plant near
#Pune
#Maharashtra
by Hyundai
Some great news for auto enthusiasts in and around Pune!
MSRDC has invited bids for construction of 6/8 lane access controlled
#Pune
Outer Ring Road!
This 172 Km ring road is sure to become a hit with auto enthusiasts!
@mieknathshinde
#Maharashtra
Let's understand the possible impact of the new hybrid policy with an example:
Price of Toyota Innova HyCross Hybrid ZX(O):
On road Mumbai: ₹37 lakhs
Ex-showroom including GST+Cess: 30.6 lakhs
Ex-factory: ₹21.5 lakhs
GST (S+C): 28%
Cess: 15%
Continued.....
The magnificent
#Mumbai
Trans Harbour Link is all set to open on 12th January 2024!
Sure to become the next favourite location of supercar clubs and automotive enthusiasts in general, after the Bandra-Worli Sea Link, ANI urges everyone to follow the speed limit set at 100 kph.
Hyundai Motor India will be investing ₹5,000 crore in General Motors India's Talegaon
#Maharashtra
plant, with vendors contributing an additional ₹5,000 crore.
Production is set to begin in 2025.
Hyundai Motor India has filed a draft red herring prospectus (DRHP) for its upcoming Initial Public Offering (IPO) with the Securities and Exchange Board of India (SEBI).
Hyundai aims to dilute 17.5% stake, to raise around US$2.5-3 billion at a valuation of up to US$30 billion.
Tata Motors will launch the ICE versions of the Curvv tomorrow!
It will be getting 2 petrol and 1 diesel engine options along with a choice of manual and automatic gearboxes.
#TataMotors
#Curvv
#Breaking
Bharat NCAP crash tests to be launched on 22nd August by
@nitin_gadkari
Under Bharat NCAP, manufacturers can voluntarily offer their cars for testing as per AIS197.
Based on the test performance, cars will be awarded star ratings for adult occupants and child occupants
A Tata Motors sedan that never saw the light of the day!
It was the Magna!
Interestingly, it was a body-on-ladder frame RWD sedan with a longitudinal powertrain with Safari's 1948cc turbo-diesel engine!
Yes, a sedan with a ladder frame chassis!
#TataMotors
#RatanTata
Elon Musk has arrived in India and is expected to make announcements about large investments in India for Tesla after his meeting Hon'ble PM
@narendramodi
@elonmusk
#Tesla
In November, Pakistan’s car industry sold a meager 4,875 units, down by a massive 68 percent as against the 15,432 units sold in the corresponding month last year.
Just to compare, 3.34 lakh passenger cars were sold in India in November 2023!
#Pakistan
#India
Ather Rizta launched!
Prices range from ₹1.1 to ₹1.45 lakh ex-showroom.
• Two battery packs on offer – 2.9kWh, 3.7kWh.
• Prices are introductory, deliveries begin in July.
• First Indian EV scooter to get traction control.
Big news coming in from Ford India!
Ford has now confirmed that it has submitted a Letter of Intent (LOI) to the Tamil Nadu government to utilise its Chennai plant for manufacturing vehicles for exports.
@FordIndia
#Ford
#TamilNadu
@mkstalin
Hyundai Motor Co & Kia Corp have signed an MoU with Kolkata-based Exide Energy Solutions to produce LFP (lithium-iron-phosphate) batteries in India!
This will enable Hyundai & Kia to use locally produced LFP batteries in their future EVs in the Indian market.
#Breaking
@KiaInd
Ashok Leyland and JBM Auto is finalizing an order for around 110 electric buses with the Defence Ministry of India!
These buses will be used by the Indian Army in plains across the country.
@JBMAuto
𝗛𝘆𝘂𝗻𝗱𝗮𝗶 𝗠𝗼𝘁𝗼𝗿 𝗜𝗻𝗱𝗶𝗮'𝘀 𝗜𝗣𝗢 𝗴𝗲𝘁𝘀 𝗮𝗽𝗽𝗿𝗼𝘃𝗮𝗹 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝗲𝘀 𝗮𝗻𝗱 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗕𝗼𝗮𝗿𝗱 𝗼𝗳 𝗜𝗻𝗱𝗶𝗮 (𝗦𝗘𝗕𝗜)!
Hyundai aims to dilute 17.5% stake, to raise around US$2.5-3 billion at a valuation of up to US$30
Tata Curvv EV launched at ₹17.49 lakhs ex-showroom.
Only EV version launched today. ICE versions will be launched on September 2nd. Will be getting 2 petrol engines and a diesel.
#TataCurvv
Some interesting stats on the Indian car market.
🇬🇧 United Kingdom
• Sales in 2023: 1.9 million units
• Carmakers: 67
• Models: 414
🇮🇳 India
• Sales in 2023: 4.1 million units
• Carmakers: 34
• Models: 203
Just 34 carmakers in India despite being such a huge market!
German auto parts major Brose is looking for partners in India.
The company is planning strategic expansion through JVs and acquisitions, aiming to capitalise on India's growing automotive market.
#Brose
#India
New Kia Carnival, EV9 India launch on 3rd October!
The EV9 electic SUV will be sold as a CBU only. The new Carnival will be sold as a CBU initially and CKD operations will begin later.
@KiaInd
Bajaj Freedom 125 CNG launched at ₹95,000 ex-showroom.
This is world's first CNG motorcycle and gets a 2 Kg CNG tank along with a 2 litre petrol tank with a combined range of 330 Kms.
𝗕𝗶𝗴 𝘂𝗽𝗱𝗮𝘁𝗲 𝗼𝗻 𝘁𝗵𝗲 𝗧𝗮𝘁𝗮 𝗡𝗲𝘅𝗼𝗻 𝗘𝗩!
Tata has launched a bigger battery pack for the Nexon.ev without changing the price!
• 45 kWh pack instead of 40 kWh
• Claimed range of 489 Km (ARAI Certified) with a real world range of around over 350 Km!
• Gets a
Porsche has confirmed that the Cayenne SUV will continue with an internal combustion engine beyond 2030.
The upcoming 4th gen Cayenne EV will be sold alongside the current gen.
#Cayenne
The Government of
#India
has agreed to impose lower import duty on Tesla cars if they give assurance of local production of cars and its components. They will also need to provide bank guarantees against their commitments.
#Tesla
#EV
Skoda India has revealed that the new Superb and Octavia would be coming to India as full imports (CBU)
This also means that pricing would be on the higher side.
The Government of
#Gujarat
has invited RFP bids for conducting feasibility study and preparation of master plan for a Formula 1 circuit at GIFT City, Gandhinagar.
@Bhupendrapbjp
#Formula1
#F1
Hyundai Exter Hy-CNG Duo launched at ₹8.5 lakh ex-showroom.
Gets a twin cylinder setup below the boot floor instead of a single large cylinder to open up a lot of usable room in the boot.
Hyundai Grand i10 Nios CNG and Aura CNG are expected to get this setup soon.
The enthusiast favourite Maruti Jimny is once again available with huge discounts in the range of 2 to 2.2 lakhs!
These discounts vary from dealer to dealer depending on their stocks.
Would you buy a Jimny with these attractive discounts?
.
@autocarindiamag
took an exclusive first drive through the magnificent Chhatrapati Sambhaji Maharaj
#Mumbai
Coastal Road on Sunday with none other than
@hormazdsorabjee
behind the wheel!
He managed to reach Marine Drive from Worli in just 8 mins!
August 2024 Top 25 Selling Cars in India.
📌 Maruti Brezza was the highest selling car in August'24 with more than 19k units dispatched. Ertiga followed closely to take the second spot. 6 out of top 10 are Maruti Suzuki products.
📌 Other Maruti Suzuki products saw a slight
Actor John Abraham recently revealed on a popular podcast that he is considering developing his own helmet brand!
What's amazing is the fact that he wants his helmets to be FIM certified over and above the mandatory BIS certification.
@TheJohnAbraham
#JohnAbraham
Maruti Suzuki sets up India's first automobile in-plant railway siding.
The railway siding will help Maruti dispatch new vehicles by train, eliminating 50,000 truck trips every year.
@Maruti_Corp
The Ministry of Road Transport and Highways
@MORTHIndia
has added new parameters to the electric vehicle MIDC test cycles.
Accordingly, Tata Motors has now revealed the updated range for their entire EV portfolio:
• Curvv EV 55kWh - 502 Km
• Curvv EV 45 kWh - 430 Km
• Nexon
#Maharashtra
Motor Vehicles Transport Department will be introducing AI based tests for driving lessons at 17 locations in the state including
#Mumbai
. Automated AI integrated driving test tracks, for minimal human intervention, to be built. Tenders to be floated on 31st August.
Lamborghini is bidding farewell to its V10 engine with the limited edition Huracan STJ.
The Super Trofeo Jota (STJ) gets a special aerodynamic package over the Huracan STO and is as powerful as the STO.
July 2024 sales figures are here!
As usual, MSIL, Hyundai, Tata Motors and Mahindra are sitting comfortably at the top four positions.
Jeep sales have dropped even below that of Citroën now!
Audi India has launched a new Bold Edition variant of the Q3 SUV and Q3 Sportback priced at ₹54.65 lakh and ₹55.71 lakh ex-showroom, respectively.
Limited-edition variant costs nearly ₹1.50 lakh more than top-spec Technology trims and gets blacked-out exteriors.
August 2024 Car Sales Analysis
Total: 3.54 lakh units (1.7% decline YoY)
Maruti: 1.43 lakh units (8.4% annual decline) - Maruti Suzuki's market share dropped to 40.4% in August'24. It's high time they start giving safety features like 6 airbags as standard because other Indian
Mahindra Thar Earth Edition launched at ₹15.4 lakh ex-showroom.
Gets a special 'Desert Fury' paint shade along with sand coloured 2-tone seats. Will be available only in 4x4 guise.
• Petrol MT: ₹15.4L
• Petrol AT: ₹16.99L
• Diesel MT: ₹16.15L
• Diesel AT: ₹17.6L
Tata Nexon CNG launched at ₹8.99 lakh ex-showroom.
It gets Tata Motors' innovative dual-cylinder tech that allows for a respectable 321 litres of boot space.
It produces 100 BHP and 170 Nm and gets both manual as well as AMT gearbox options.
Notable features include:
•
Mahindra Bolero Neo+ launched in India at ₹11.39 lakh ex-showroom.
The new Bolero Neo+ can be had in two trim levels, namely, P4 and P10 priced at ₹11.39 lakh and ₹12.49 lakh, respectively. It gets a 9 seater layout with side facing seats at the rear.
Maruti Suzuki's market share over the years!
We can see that it has come down and now settled around the 40% mark since last couple of years.
At its peak, Maruti Suzuki had a staggering 80% market share in the Indian market!
@Maruti_Corp
Mahindra & Mahindra might pick up 50% stake in Skoda Auto Volkswagen India!
Both the parties are in advanced stages of discussion and a formal announcement is expected in the coming weeks.
#Mahindra
#Skoda
#Volkswagen
#India
VinFast will begin construction of its EV manufacturing site in Thoothukudi City, Tamil Nadu, on February 25.
The brand will manufacture multiple EVs in India for domestic and export markets.
July 2024 Top 25 Selling Cars in India.
Hyundai Creta's numbers are astonishing! Selling more than even the Maruti Swift and Wagon R!
📌 10 out of top 25 are Maruti Suzuki products.
📌 Alto, once the number one selling vehicle in the country, is now down to number 20.
𝗕𝗬𝗗 𝗲𝗠𝗮𝘅 𝟳 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝗱 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮 𝗮𝘁 ₹𝟮𝟲.𝟵 𝗹𝗮𝗸𝗵 𝗲𝘅-𝘀𝗵𝗼𝘄𝗿𝗼𝗼𝗺!
Prices go all the way up to ₹29.9 lakh ex-showroom.
Comes in 2 variants with 6 and 7 seater options and gets a range of 530 Km (MIDC).
#BYD
#eMax7
#CarNews
#India
Thar Roxx pricing announced for all RWD variants!
MX1 P MT RWD: ₹12.99 L
MX1 D MT RWD: ₹13.99 L
MX3 P AT RWD: ₹14.99 L
MX3 D MT RWD: ₹15.99 L
MX5 D MT RWD: ₹16.99 L
AX3L D MT RWD: ₹16.99 L
AX5L D AT RWD: ₹18.99 L
AX7L D MT RWD: ₹18.99 L
#TharROXX
#Mahindra
Hyundai Motor India Ltd. (HMIL) have tasked investment bankers JP Morgan, Citi and HSBC for their upcoming mega IPO.
They are planning to raise around $3-3.5 billion.
@ZeeBusiness
Skoda Slavia Monte Carlo and Sportline trims for both Slavia as well as Kushaq launched!
Slavia Monte Carlo: ₹15.79 lakh
Slavia Sportline: ₹14.05 lakh
Kushaq Sportline: ₹14.70 lakh
#Skoda
#Slavia
#Kushaq
#VAG
#Vollswagen
Volkswagen Tayron SUV revealed!
It replaces the Tiguan AllSpace and comes with petrol, PHEV and diesel powertrain options.
#Volkswagen
#Tayron
#CarNews
@VW
Volkswagen Polo production has been stopped in Europe after 40 years!
It was launched way back in 1975! Its production will now be shifted to South Africa to save costs.
#Volkswagen
#Polo
#Germany
@VW
Bharat NCAP tests to begin from 15th December!
Maruti has sent 3 of their models for testing. Others who have sent their cars include Hyundai, Tata and Mahindra.
#BharatNCAP
Hyundai Motor hits 100 million vehicles global production milestone 57 years after it began operations!
It now has manufacturing setups in South Korea, India, Turkey, the US, Czech Republic, Russia, Indonesia, China, Vietnam and Singapore.
The last 50 million units were
The newly unveiled Toyota Land Cruiser 250/Prado is available in Japan for 73.5 lakh Yen which translates to around ₹40 lakh INR for the top of the line ZX version.
And what we get in India is the Fortuner 4x4 AT for around 50 lakhs on road!
#Toyota
#LandCruiser
Tata Motors to launch the Altroz Racer soon
- Will get a 120hp, 1.2-litre turbo-petrol engine
- This will be the new top-spec variant
- 6-speed manual gearbox likely
- Will get larger touchscreen, ventilated seats & more
Ford to use the Everest name this time around!
Ford will be bringing the Everest nameplate to India as it has secured the rights and company doesn't want to invest in new logos and badges for small volumes planned in India.
@FordIndia
#Everest
#Endeavour
Updated Royal Enfield Classic 350 revealed!
Will be launched on 1st September and gets the following updates:
• LED lighting and USB-C port
• New colours
• Uses the same J-series engine introduced in 2021
#RoyalEnfield
#Classic