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In December, automobile retail sales recorded a 21% YoY growth, as per data from the Federation of Automobile Dealers Associations (FADA). Two-wheelers (2W) witnessed a notable surge of 28%, three-wheelers (3W) grew by 36%, and passenger vehicles (PV) saw a steady increase of 3%. Tractor and Commercial Vehicle (CV) sales also rose by 0.2% and 1.3%, respectively.
AHMEDABAD: Automobile major, Honda Motorcycles and Scooters India (HMSI) Limited on Monday announced that it has inaugurated the third assembly line a.
Suzuki Motorcycle India Pvt Ltd (SMIPL), a subsidiary of Suzuki Motor Corporation, had sold 63,912 vehicles in December, as per a company statement. Of the total two-wheeler sales last month, the domestic sales volume stood at 69,025 units, while the remaining 10,458 units were retailed in the overseas markets, it stated.
BHUBANESWAR: Riding the motorcycle on the wrong-side of the road led to head-on collision with another two-wheeler at Raghunathpur here late on Sunday.
The 'Scorpio' car manufacturer, will invest 5.25 billion and the remaining will come from existing shareholders and new investors, Mahindra said in an exchange filing.