Auto Industry News

The new model is likely to be blend of the 4C and the 8C which were discontinued long back.

Pro Rally driver, action sports legend and DC Shoes co-founder, Ken Block passed away in a snowmobile incident near his home in Utah, USA. He was 55 years and is survived by his wife, Lucy, and his three daughters.

The company will be increasing the prices of its hybrid electric models - LC 500h, LS 500h, NX 350h and ES 300h

In December 2022, Kia India registered 15,184 unit sales in the domestic market which is a growth of 94.7 per cent.

In 2022 calendar year, Volkswagen Passenger Cars India registered witnessed 58 per cent growth compared to its total sales in 2021. VW has attributed the growth to the massive demand for models like the Taigun, Virtus and the Tiguan.

Suzuki Motorcycle India sold a total of 63,912 units in December 2022, of which 40,905 units were sold in the domestic market and 23,007 units were exported.

TVS sees its sales for December 2022 drop marginally, compared to last year.

Auto sales numbers are keenly watched as they are among the key indicators for assessing private consumption, which has more than 50% weightage in calculating the country's economic growth.