NEW DELHI: Improvement in semiconductor shortage issue helped automakers, including Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra, report single to high double-digit growth on Monday in their domestic passenger vehicles sales in July.
Other manufacturers, Kia India, Toyota Kirloskar Motor (TKM), Honda Cars India, Skoda Auto India, also reported robust growth in their domestic passenger vehicle sales with the auto industry estimated to have achieved the highest-ever passenger vehicle wholesales in July this year.
Maruti Suzuki India said its domestic passenger vehicle sales rose 6.82 per cent last month to 1,42,850 units compared to 1,33,732 units in July 2021.
“The shortage of electronic components had a minor impact on the production of vehicles, mainly in domestic models,” the company said in a statement.
The company’s sales were driven mainly by compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, Tour S, and WagonR, which rose to 84,818 units in July 2022 from 70,268 units in the year-ago month.
هذه القصة مأخوذة من طبعة August 02, 2022 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة August 02, 2022 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Satwik-Chirag win Thailand Open title
Badminton: The Duo knock out China’s Chen Bo Yang and Liu Yi of China
IPL: Abhishek explosive fifty powers Hyderabad to easy win against Punjab
Abhishek Sharma bossed Punjab Kings bowlers with yet another explosive half-century as Sunrisers Hyderabad cruised to a four-wicket win in the IPL here on Sunday. Opting to bat on a flat track, Punjab Kings posted an imposing 214/5 riding on Prabhsimran Singh's 45-ball 71 and skipper Jitesh Sharma's final over heroics.
Trade ties with India suspended due to heavy duties’: Pakistan’s Foreign Minister
Foreign Minister Ishaq Dar has said that trade ties between Islamabad and New Delhi have remained suspended since 2019 due to the imposition of \"heavy duties\" by India on imports from Pakistan after the Pulwama attack.
FPIs withdraw over 28,200 cr from Indian equities invest 7178 crore in debt market
Foreign investors have pulled out more than Rs 28,200 crore from Indian equities so far this month, owing to uncertainties about the outcome of the general elections and attractive valuations of Chinese markets.
Govt recovers ₹852 crore under amnesty scheme for exporters
The figures are likely to increase further as the exercise is on for the compilation of the data, the official added
China allocates billions of dollars to bailout its crisis-hit property sector
People's Bank of China has announced that it would establish a 300-bn-yuan (about $42.25 bn) relending facility for govt-subsidized housing project
IOC exports premium fuel XP100 to Sri Lanka
India's energy major, Indian Oil Corporation (IOC), exported its firstever parcel of the superior 100 octane premium fuel, XP100 from Jawaharlal Nehru Port Trust (JNPT), Nava Sheva, Navi Mumbai.
India’s zinc demand in expected to double in 5-10 yrs, backed by investments in infra sector
The demand for zinc in India depends largely on the growth of the steel market as zinc is mainly used to galvanise steel to protect it from corrosion
Reliance seeks access to ATF pipelines, storages of oil PSUs
The company is looking for a larger pie of fuel trade at some of Asia’s busiest airports
US troops will complete their withdrawal from Niger by mid-September: Pentagon
U.S. troops ordered out of Niger by the West African country's ruling junta will complete their withdrawal by the middle of September, the Pentagon and Nigerien defense officials said Sunday.
