Hyundai Motor: Maruti, Hyundai, Tata Motors, Renault post record rural sales in 2023

Maruti Suzuki, Hyundai Motor, Tata Motors and Renault India posted the highest-ever share of sales from rural markets in calendar year 2023 amid improved consumer sentiments and better liquidity among the rural rich. However, inflationary pressures weighed on rural demand for fast-moving consumer goods and consumer durables. While the share of rural sales at Maruti … Read more

Maruti Suzuki, Hyundai, Tata, Renault post the highest-ever share of sales from rural markets in 2023

Maruti Suzuki, Hyundai Motor, Tata Motors and Renault India posted the highest-ever share of sales from rural markets in calendar year 2023 amid improved consumer sentiments and better liquidity among the rural rich. However, inflationary pressures weighed on rural demand for fast-moving consumer goods and consumer durables. While the share of rural sales at Maruti … Read more

Renault to continue selling small cars in India “as long as regulations permit”

French carmaker Renault said it will continue to sell small cars in the Indian market as long as regulations permit, despite dwindling share of the segment in overall passenger vehicle sales citing revival of demand among consumers at the entry level. Renault India Operations Country CEO & Managing Director Venkatram Mamillapalle said, “It is true … Read more