Maruti, Hyundai and TVS witness single-digit gross sales progress whereas Mahindra, Toyota see double-digit progress in Could; MG Motors experiences decline

Maruti Suzuki India (MSIL), the nation’s largest passenger automobiles maker, on Saturday reported complete home gross sales of 1,44,002 items in Could, a year-on-year (Y-o-Y) marginal progress as in contrast with 1,43,708 items in the identical month final yr. Gross sales of the mini section (Alto and S-Presso) declined to 9,902 items through the month … Read more

M&M gears up for a ₹26,000 crore funding in auto enterprise

Anticipating a surge in auto demand, Mahindra & Mahindra Ltd has introduced plans to take a position ₹26,000 crore in its automotive enterprise over the following three years. Of this, ₹12000 crore will probably be invested within the electrical car unit Mahindra Electrical Car Restricted (MEAL). The funding will probably be made between FY25 and … Read more