Sales Figures

Reuters

Jan 3, 2019, 12:24 AM

Blackwater Founder Launches Fund To Invest In Car Battery Metals: FT

Erik Prince, who founded the private security company Blackwater, is launching a fund to invest in metals used in electric vehicle batteries, he told the Financial Times. The fund aims to raise up to $500 million and will invest in deposits of metals such as cobalt, copper and lithium, largely in Africa and Asia, he told the newspaper.

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  car&bike Team | Oct 4, 2023

  New Car Launches Aid Carmakers To Sustain Growth In December 2018

  Carmakers in India are still recovering from the hit which car sales took from several headwinds in 2018. Automakers have been witnessing sluggish demand for the last four months which is been due to factors like rising fuel prices, onetime payment of insurance premium and a rise in interest rates. India's largest carmaker- Maruti Suzuki has recorded a marginal volume growth of 1 per cent in December 2018 selling 119,804 units of passenger vehicles against 118,560 Units in the same month last year. The growth was largely sustained by the Utility Vehicle (UV) segment as the Vitara Brezza continued to perform well. New models- the recently launched 2018 Maruti Suzuki Ertiga and 2018 Ciaz too remained in Demand. However, the mini and compact car segment which together constitutes a huge chunk of volumes witnessed muted sales which in-turn had a significant impact on volumes.

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  car&bike Team | Jan 2, 2019

  Hero MotoCorp Sales Drop By 4 Per Cent In December 2018; Ends Year With Over 80 Lakh Units Sold

  India's largest two-wheeler maker, Hero MotoCorp registered a drop of 4 per cent in sales for December 2018. The company sold 453,985 units last month, as against 472,731 units in December 2017. While sales saw a decline in the last month of 2018, the company had a positive year overall. Hero sold 80,39,472 two-wheelers between January and December 2018, surpassing expectations. In the first nine months of financial year 2019 between April and December, the manufacturer registered a sale of 60,37,901 units.

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  Ameya Naik | Jan 2, 2019

  Ford India Domestic Sales Up By 15% In December 2018

  Ford Indias combined domestic wholesales and exports in December reached 24,420 vehicles compared to 29,795 vehicles in the same month last year. The company sold 5840 vehicles in December 2018 as against 5087 units in the same period last year. Exports dropped by a considerable margin as the company exported 18,580 vehicles compared to 24,708 units in December 2017.

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  car&bike Team | Jan 2, 2019

  TVS Registers 6 Per Cent Sales Growth In December 2018

  TVS Motor Company registered a positive end to the last calendar year with a 6 per cent growth in December 2018 sales. The company sold 271,395 units last month, as against 256,870 units sold in December 2017. The manufacturer's sales performance was on the rise across all segments including two-wheelers by 4 per cent, three-wheelers by 37 per cent, while and 26 per cent for export operations. The company also recorded a 19 per cent hike in volumes for the third quarter (October-December 2018) for the current financial year, over the same period last year.

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  car&bike Team | Jan 2, 2019

  Bajaj Auto's Two-Wheeler Sales Grew By 31% In December 2018

  Bajaj Auto today released its sales numbers for the month of December 2018, registering a total growth of 31 per cent in two-wheeler sales. The company sold a total of 298,855 units in the last month of 2018, against the 228,762 units sold in December 2017.

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  car&bike Team | Jan 2, 2019

  Royal Enfield Sales Drop By 13 Per Cent In December 2018

  Having posted consistent growth month-after-month throughout 2018, Royal Enfield ended the year with a decline in total sales for the month of December. The bike maker sold a total of (domestic + exports) 58,278 units in December 2018, a 13 per cent drop in volumes as opposed to 66,968 units sold during the same month in 2017. Royal Enfield's domestic sales stood at 56,026 units, a decline of 14 per cent over 65,367 sold in December 2017.

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  car&bike Team | Jan 1, 2019

  Tata Motors' December 2018 Sales Drop By 8 Per Cent

  Tata Motor's commercial and passenger vehicles sales dropped by 8 per cent at 50,440 units in December 2018 as against 54,627 in 2017. The liquidity crisis in the industry, higher interest rates and rising fuel costs continued to impact the commercial vehicle sales, with M&HCV and I&LCV segment witnessing a decline while the passenger vehicle business bounced back. The cumulative sales for the domestic market (April-December 2018) was at 497,972 units compared to 398,764 units over last year, a growth of 25 per cent.

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  car&bike Team | Jan 1, 2019

  Mahindra's December 2018 Sales Grow Marginally By 1 Per Cent

  The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 15,091 vehicles in December 2018, as against 15,543 vehicles in December 2017 showing a dip in sales of nearly 3 per cent.

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