Sales Figures News

Fuelled by strong demand from the rural sector, Maruti Suzuki reported a net profit of 1 per cent for the period between July and September as demand recovered with the company selling 391,130 vehicles during Q2 FY2021.

The only grey area is that Polaris, the parent company of Indian Motorcycle, has not revealed Indian Motorcycle sales, but the news is positive.

Japan's seven major automakers including Toyota Motor Corp, Nissan Motor Co, Honda, Mitsubishi among others sold a combined 2.3 million vehicles last month globally, according to Reuters calculations based on sales data released by the companies.

Royal Enfield delivered 1,200 bikes to customers in Mumbai on the occasion of Vijay Dashami, while the company has retailed over 3,700 motorcycles in Maharashtra during the ongoing festive season.

Hero MotoCorp's volumes in the quarter from July to September stood at 18.22 lakh units, a growth of 7.7 per cent over the same period a year ago.

The Karoq comes to India as a completely built unit and comes at a premium price when compared to the VW T-Roc but the company has managed to sell almost all the 1000 units that were ear marked for India

Struggling to recover from the impact of the COVID-19 pandemic, home-grown automaker Tata Motors today released the financial results for the second quarter of Financial Year 2020-21, and the company has posted a wider net loss of Rs. 307 crore, as against the net loss of Rs. 188 crore registered in Q2 FY2020.

South Korea's Hyundai Motor Co said on Monday it swung to a net loss in the July-September quarter, missing analysts' estimates by a large margin as a charge related to engine issues weighed on earnings.