Tata Motors today announced its sales in the domestic & international market, for Q4 FY21, which stood at 191,720 vehicles, compared to 101,420 units during Q4 FY20.
The company s domestic sales rose to 66,609 vehicles in month of March 2021 compared to 11,012 vehicles in March 2020.
For FY2021, the domestic sales rose 5% to 464,515 vehicles.
The domestic sales comprise of 40,609 commercial vehicles and 29,654 passenger vehicles in March 2021.
For FY2021, domestic sales of commercial vehicles declined 23% to 262,773 units while domestic sales of passenger vehicles rose 69% to 222,025 units.
For Q4 FY2021, domestic sales of commercial vehicles rose 56% to 107,484 units while domestic sales of passenger vehicles rose 162% to 83,857 units.
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Mahindra & Mahindra announced that its overall auto sales (passenger vehicles+ commercial vehicles+ exports) for the month of March 2021 stood at 40,403 vehicles, compared to 6,679 in March 2020.
In the Utility Vehicles segment, Mahindra sold 16,643 vehicles in March 2021, compared to 3,111 vehicles in March 2020.
The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 16,700
vehicles in March 2021. The growth in March 2021 over March 2020 has been unprecedented and is not comparable given the onset of pandemic during mid-March last year.
Exports for the month of March 2021 were at 2,126 vehicle
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Honda Motorcycle & Scooter India (HMSI) on Thursday reported domestic sales of3,95,037 units in March this year. The company had sold 245,716 units in the same month last year when sales were impacted by coronavirus-induced lockdown. Exports stood at 16,000 last month, HMSI said in a statement. The company said it closed FY21 with total sales of 4,073,182 two-wheelers, including domestic sales of 38,65,872 units and exports of 2,07,310 units. HMSI Director (Sales and Marketing) Yadvinder Singh Guleria said, FY2020-21 was a year of unprecedented uncertainties. Honda resiliently overcame challenges from lockdowns to unlocks.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Rose Cup races will return in July March 16 2021
The return of the annual race series is one of the first local sports events to come back.
Following an unprecedented one-year hiatus due to the COVID-19 pandemic, Portland s Friends of PIR have announced that the city s signature auto racing event will return this summer to celebrate 60 years of competition.
The organization said the 2021 Rose Cup Races will take place July 9 to 11 at Portland International Raceway. According to the announcement, auto enthusiasts and their friends and family will enjoy seven different race groups including a return of Go-Karts as well as special salutes to the cars, drivers and stories compiled since 1961.
Titan Company on Friday announced that it has completed its exit from Montblanc India Retail Private Limited (MB India).
Consequently, MB India ceases to be an associate/ JV company of the company with effect from 12 March 2021.
Earlier in October 2020, the company had informed the exchanges regarding the ending of its joint venture with MB Services in respect of its shareholding, which was mainly driven by the Titan s consolidation strategy to focus on its primary business and proprietary brands.
Subsequently, the company exercised its put option under the joint venture agreement and accordingly its 49% holding in MB India was transferred to the purchaser on 12 March 2021.