Mexican Media Brands
April Car Sales in India Climb 11%
Passenger vehicle sales in India rose 11% to and estimated 247,000 units in April, The Economic Times reports.
#economics
Share
Passenger vehicle sales in India rose 11% to and estimated 247,000 units in April, The Economic Times reports.
Growth was led by Maruti Suzuki, whose sales last month jumped more than 16% to 117,000 units. The company’s volume was aided by a fourfold hike in deliveries of small SUVs.
Other big gainers included Hyundai (+10% to 42,400 units), Mahindra & Mahindra (+16% to 22,700) and Renault (+300% to 12,400). ET notes that carmakers remain concerned about the sudden shift in consumer preferences from diesel to gasoline vehicles. Manufacturers tell the Mumbai-based newspaper they are struggling to rebalance their product mix to suit demand.
RELATED CONTENT
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
Inside Ford
On this edition of “Autoline After Hours” Joann Muller, Detroit bureau chief for Forbes, provides insights into what she’s learned about Ford, insights that are amplified on the show by our other panelists, Stephanie Brinley, principal analyst at IHS Markit who specializes in the auto industry, and Todd Lassa, Detroit Bureau Chief for Automobile.
-
VW Warns of Higher Costs to Develop EVs
CEO Herbert Diess says the €20 billion ($23 billion) Volkswagen AG has budgeted to electrify its entire vehicle lineup won’t be enough to meet that goal.