Auto Industry
Seshan Vijayraghvan
Mar 1, 2022, 8:30 PM
Maruti Suzuki achieved a cumulative sales of 164,056 units in February 2022. Compared to 164,469 units sold in February 2021, YoY sales remained flat. However, against 154,379 units sold in January 2022, Maruti saw 6.2 per cent MoM growth.
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Seshan Vijayraghvan | Mar 1, 2022Auto Sales February 2022: Skoda Sells 4,503 Units, Reports 50% Growth Over January 2022In February 2022, Skoda Auto India sold 4,503 vehicles in the country, Compared to 3,009 units sold in January 2022, the company saw a month-on-month growth of nearly 50 per cent.1 min read
Seshan Vijayraghvan | Mar 1, 2022Auto Sales February 2022: MG Motor India Sees 5% YoY Growth In Retail Sales At 4,528 UnitsIn February 2022, MG's retail sales stood at 4,528 units. Compared to the 4,329 vehicles sold in February 2021, the company saw about 5 per cent year-on-year growth.1 min read
Reuters | Mar 1, 2022Toyota Gears Up Its First EV With Safer, Longer-lasting BatteryBEVs have grown in popularity globally, but some consumers have been put off by EV battery-related fire risks and rapid degradation.1 min read
Reuters | Mar 1, 2022Auto And Truck Makers Suspend Some Business In Russia Following InvasionRussian forces invaded Ukraine last week, marking the biggest attack by one state against another in Europe since World War Two. Many firms have idled operations in Russia following Western sanctions against Russia.1 min read
car&bike Team | Mar 1, 2022India's Biggest Car Dealer Popular Plans $100 Million Listing: ReportPapers filed in August with India's markets regulator seeking approval for its listing show the dealer plans to raise $20 million by issuing new shares.1 min read
car&bike Team | Mar 1, 2022Germany Clears Mercedes-Benz's Hands-Free Drive SystemThe automated system allows the driver to focus on other activities while a car equipped with the technology is in heavy traffic or on congested highways, Mercedes-Benz said in a statement.1 min read
Reuters | Mar 1, 2022Toyota To Build New $1.3 Billion Battery Plant In North CarolinaThe new plant, at a site in Liberty that will begin production in 2025, will initially be capable of supplying lithium-ion batteries for 800,000 vehicles annually, and will "pave the way" for Toyota's U.S. production of electric vehicles.1 min read
Reuters | Mar 1, 2022Self-Driving Startup Robotics Research Raises $228 Million In FundingThe fundraising round also included an investment from Luminar Technologies, which makes lidar sensors used in self-driving cars.1 min read
