In March 2022, Maruti Suzuki's total sales stood at 170,395 units. Compared to 167,014 vehicles sold during the same month in 2021, the Indo-Japanese carmaker saw year-on-year growth of over 2 per cent.
Auto Sales March 2022: Nissan India Records Sales Decline Of 42.44 Per CentWhile Nissan India has recorded drop in March 2022 sales, its sales went up by over 100 per cent in FY 2022.
Toyota reported a massive hike in year-on-year volumes as the company's wholesales stood at 123,770 units for FY2021-22, witnessing a growth of 58 per cent over FY2020-21.
In the face of impending competition from global OEMs, Tata and M&M are coming together. The homegrown auto giants will explore ways to find synergy to cut costs, and meet competition head-on in the electric vehicle space.
Mahindra recorded bids worth Rs. 26 lakh for its four superhero-themed NFTs based on the Mahindra Thar, while one of the digital pieces were sold for a record Rs. 11 lakh.