Toyota Kirloskar Motor on Tuesday reported a 14 per cent year-on-year increase in wholesales at 26,847 units in September. The automaker had dispatched 23,590 units to its dealers in September last year. The company sold 23,802 units in the domestic market and exported 3,045 units, Toyota Kirloskar Motor (TKM) said in a statement. “As the … Read more
Yes gold has been making highs in the international market but in the domestic market it has not increased due to the cut in custom duty and is only playing a catch-up game, Anuj Gupta, Head Commodity & Currency, HDFC Securities said. He expects yellow metal prices in domestic markets to test the Rs 75K … Read more
Metal stocks were among the top gainers in Monday’s trading session on perceived moderate valuations, and after New Delhi initiated an anti-dumping probe on Vietnamese hot-rolled coil (HRC) imports. The Nifty Metal Index gained 1.87% while the benchmark Nifty advanced 0.13% on Monday. National Aluminium surged 4.35% on Monday followed by Hindalco which gained 4%. … Read more
TVS Motor Company expects to grow faster than the competition across domestic and international markets this fiscal riding on the back of new product launches and strengthening of operations across key regions, according to CEO KN Radhakrishnan. He noted that in the domestic market, the company expects growth momentum to continue with normal monsoons likely … Read more
Mahindra & Mahindra on Saturday said its total wholesales increased 17 per cent year-on-year to 71,682 units in May. The company’s total dispatches to its dealers stood at 61,415 units in May 2023. The Mumbai-based auto major’s passenger vehicle sales in the domestic market rose 31 per cent to 43,218 units last month against 32,886 … Read more
The country’s largest carmaker Maruti Suzuki Tuesday said it is looking to strengthen its service network in line with an increase in sales over the next few years. The company, which Tuesday announced the opening of its 5,000th service touchpoint in the country, is looking at doubling capacity to 4 million units per annum by … Read more
Mahindra & Mahindra on Thursday said its total wholesales increased 13 per cent year-on-year to 70,471 units in April as compared to the same month last year. The company’s total dispatches to its dealers stood at 62,294 units in April 2023. The Mumbai-based auto major’s passenger vehicle sales in the domestic market rose 18 per … Read more
New Delhi: Luxury carmaker Audi India on Tuesday reported 33 per cent increase in retail sales at 7,027 units for the fiscal ended March 31, 2024. The German automaker had sold 5,275 units in the country in 2022-23 financial year. “We have seen a robust growth of 33 per cent in FY23-24 on the back … Read more
Maruti Suzuki India on Wednesday said its model Fronx has crossed the 1 lakh sales milestone in the domestic passenger vehicle segment in record time. The model has crossed the milestone in 10 months, setting a new industry benchmark, the car market leader said in a statement. Maruti Suzuki India (MSI) had introduced Fronx in … Read more
Amit N Mahajan, Director, Paras Defence, says “Paras Defence is currently focussing on the domestic market because it is not just that the domestic market is the biggest market, but it also has a preferential procurement policy in favour of companies like us. So, the export market becomes a plan B. Plan A always will … Read more
