Auto Industry News

The Korean brand sold 8,549, 5,963 and 503 units of the Kia Seltos, Sonet and Carnival respectively.

In the utility vehicle segment, Mahindra witnessed an uptick of 109 per cent selling 16,636 units as compared to 7958 units the company sold a year ago and in the cars + vans segment sales went up by 137 per cent at 277 units as compared to 117 units sold a year ago.

Hyundai Motor India today released the monthly sales numbers for June 2021, during which the company registered total sales (domestic + exports) of 54,474 units. Compared to May 2021, when the company sold 30,703 units cumulatively, Hyundai witnessed a month-on-month (MoM) growth of over 77 per cent.

The AirCar Prototype 1 is equipped with a 160 horsepower BMW engine with fixed-propeller and a ballistic parachute.

Maruti Suzuki India has released the monthly sales numbers for June 2021, during which the company's total sales (domestic + exports) stood at 147,368 units. This includes the cumulative domestic sale of 130,348 units and exports of 17,020 units.

The cumulative wholesales of Toyota in the first six months of the calendar year 2021, stands at 59332 units when compared to 28686 units sold in the corresponding period last year, thereby registering a growth of 107 per cent.

Bangalore-based Incredible Technologies Private Limited (CredR), has raised Rs. 48.1 crore in its latest round led by Yamaha Motors, and existing investors Omidyar Network India and Eight Roads Ventures, with participation from automotive focused Astarc Ventures.

Mercedes-Benz's digital platform, which was launched last year in April, has shown a decent contribution towards its over sales in India. The carmaker has confirmed that 20 per cent of its sales come from the 'Merc From Home' platform.