Kia India posts 76% rise in sales at 15,016 units in July
Recently, Kia topped the dealer satisfaction study 2021 by FADA in association with PremonAsia with 879 points, exceeding the nearest OEM by 101 points. The brand also crossed the one lakh sales mark in 2021, indicating an improving market sentiment (Source: PTI) PTI
Updated Aug 03, 2021, 9:32 AM IST
Automaker Kia India on Monday said its sales increased by 76 % to 15,016 units in last month as compared with 8,502 units in July 2020. The company dispatched 7,675 units of Sonet, 6,983 units of Seltos, and 358 units of Carnival last month to dealers.
The brand also crossed the one lakh sales mark in 2021, indicating an improving market sentiment.
Viking and PAL Aerospace Sign DHC-6 Twin Otter Aerial Firefighting System Contract
newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.
Kia India July Sales: Kia India reports 76% increase in sales at 15,016 units in July
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Ashok Leyland rose as much as 10% to hit an intraday high of Rs 137.45.
Shares of the Chennai-based commercial vehicle maker - Ashok Leyland - rose as much as 10 per cent to hit an intraday high of Rs 137.45 after the company announced that its subsidiary Switch Mobility, electric bus and light commercial vehicle company, has entered into a strategic agreement with Dana, the global leader in drivetrain and e-propulsion systems. As part of the agreement, Dana will make a strategic investment in Switch Mobility and will also be a preferred supplier of electric drivetrain components for the company s e-bus and EV commercial vehicle offering, Ashok Leyland said in a press release.
TRIS Rating affirms the company rating on East Coast Furnitech PLC (ECF) at ?BB+? and, at the same time, revises the rating outlook to ?stable? from ?negative?. The ?stable? outlook reflects ECF?s rising furniture sales which benefit from the stay-at-home trend due to the Coronavirus Disease 2019 (COVID-19) pandemic and easing pressure of its financial leverage following the divestment of its biomass power plants.
The ?BB+? rating continues to reflect ECF?s adequate competitive strength in the furniture market and established distribution channels through modern-trade retailers in Thailand and export. However, the rating is weighed down by its highly leveraged balance sheet and development risks associated with the ?Minbu? project, a 220-megawatts (MW) solar power project in Myanmar.