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Car and SUV sales accelerate to 3.88m units in FY2023, five OEMs clock best-ever fiscal figures

Car and SUV sales accelerate to 3.88m units in FY2023, five OEMs clock best-ever fiscal figures

Ajit Dalvi     calendar04 Apr 2023

Sustained and strong demand for SUVs and much-improved production power PV sales to record high; Hyundai, Tata Motors, Mahindra, Kia and MG Motor notch best-ever fiscal year sales.

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Mahindra & Mahindra achieves best-ever sales in FY2023: 359,253 units, up 59% News National
Mahindra & Mahindra achieves best-ever sales in FY2023: 359,253 units, up 59%

By Ajit Dalvi calendar03 Apr 2023

SUV major rides wave of surging demand for most of its models to come up with its best-ever fiscal year performance.

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Hyundai remains ahead of hard-charging Tata Motors in FY2023 Analysis Sales
Hyundai remains ahead of hard-charging Tata Motors in FY2023

By Ajit Dalvi calendar03 Apr 2023

Both Hyundai Motor India and Tata Motors record best-ever fiscal sales of over half-a-million units but Hyundai’s stro...

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Autocar Professional’s April 1, 2023, issue is out!  News
Autocar Professional’s April 1, 2023, issue is out! 

By Chandan B Mallik calendar03 Apr 2023

Keep up to date on developments in the Indian and global automotive industries with Autocar Professional's April 1, 20...

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Hyundai Motor India sales hit record 567,546 units in FY2023, exports also rise 18% News National
Hyundai Motor India sales hit record 567,546 units in FY2023, exports also rise 18%

By Ajit Dalvi calendar03 Apr 2023

Hyundai Motor India records best-ever domestic market sales in a fiscal year, improves upon best-ever calendar year sa...

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India lead country for Hyundai Verna exports, midsize vehicles to account for two-thirds of export volumes News National
India lead country for Hyundai Verna exports, midsize vehicles to account for two-thirds of export volumes

By Ketan Thakkar calendar03 Apr 2023

South Korean car maker has made a smart shift to bigger vehicle exports adding to the bottom line.

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CNG models account for 32% of Maruti Suzuki’s 380,000 units order backlog News National
CNG models account for 32% of Maruti Suzuki’s 380,000 units order backlog

By Mayank Dhingra calendar02 Apr 2023

At 121,000 units, CNG variants account for a third of the carmaker’s massive pending orders at end-FY2023; Ertiga CNG ...

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Toyota Kirloskar Motor records best-ever sales in a decade: 174,015 units in FY2023 News National
Toyota Kirloskar Motor records best-ever sales in a decade: 174,015 units in FY2023

By Ajit Dalvi calendar01 Apr 2023

Fiscal year-ending month of March 2023 with 18,670 units was the best in FY2023 and helped accelerate sales

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Tata Motors surpasses half-a-million sales in FY2023, improves upon CY2022 performance News National
Tata Motors surpasses half-a-million sales in FY2023, improves upon CY2022 performance

By Ajit Dalvi calendar01 Apr 2023

With wholesales of 538,640 units, the carmaker has driven past the half-a-million mark three months after achieving th...

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Indian passenger vehicle market posts 26.7% growth to 3.88 million units, market growth to slip to 5-7% in FY24 News
Indian passenger vehicle market posts 26.7% growth to 3.88 million units, market growth to slip to 5-7% in FY24

By Mayank Dhingra and Ketan Thakkar calendar01 Apr 2023

The healthy growth was helped by the PV segment's best-ever sales in the month of March 2023, where the collective OEM...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

65.17%

No

 

34.83%

Total Votes : 913