Tata Motors, the leading automobile manufacturer, has witnessed a 9% growth in global wholesales during the third quarter. This positive growth reflects the company’s strong performance in the global auto industry. Read more to know the details.
Hyundai Motor India recorded its highest-ever monthly sales in September, with total wholesales reaching 71,641 units. Domestic sales rose 9% to 54,241 units, and exports increased by 29% to 17,400 units. The growing demand for SUVs and a strong performance during the festive season were key factors driving sales.
Commerce and industry minister Piyush Goyal advises the auto industry not to import components unnecessarily if the exporting country does not provide equal opportunities for Indian players. He encourages the import of quality products that are not available or manufactured domestically.
Maruti Suzuki India records its highest-ever monthly wholesales in August, with a growth of 14% in dispatches to dealers. The company’s domestic passenger vehicle sales also witness a significant rise of 16%. Sales of mini segment cars declined, while dispatch of compact cars and utility vehicles increased. The company’s exports also saw a positive trend. Read more for details.
