Auto Industry
car&bike Team
Dec 2, 2021, 12:41 AM
Kia's sales have declined on a month on month basis by almost 13 per cent, while the year-on-year decline is big too as sales compared to November 2020 have dropped by 32.3 per cent as well.
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Shubham Parashar | Dec 1, 2021Continental Automotive Records Volume Erosion In 2021 Due To Semiconductor IssueThe chip shortage issue has equally disrupted the auto component industry where component makers too have witnessed production cuts.1 min read
Seshan Vijayraghvan | Dec 1, 2021Car Sales November 2021: Maruti Suzuki Sees 9% Decline In Sales, But Reports Highest Monthly ExportsMaruti Suzuki India, has reported selling 1,39,184 units in November 2021, a decline of 9 per cent compared to the same month in 2020. However, the company did achieve its highest ever monthly exports of 21,393 units.1 min read
Reuters | Dec 1, 2021Spain's Cabify Plans Online Grocery Delivery In Latin America In 2022The service, which allows users to place orders from nearby partnered supermarkets, is likely to land in the first Latin American market in the first half of 2022.1 min read
Seshan Vijayraghvan | Dec 1, 2021Car Sales November 2021: Hyundai Reports 24% Drop In Domestic Sales Due To Chip ShortageIn November 2021, Hyundai Motor India's total sales stood at 46,910 units, out of which domestic sales accounted for 37,001 vehicles, while exports stood at 9,909 units.1 min read
car&bike Team | Dec 1, 2021Department of Posts Releases Commemorative Postage Stamp To Mark 75 Years Of The Mahindra GroupThe commemorative stamp design features the founders of the Group- JC and KC Mahindra and is inspired by miniature art and uses a modern graphical style to illustrate the various facets of the Group.1 min read
Seshan Vijayraghvan | Dec 1, 2021Petrol Price In Delhi To Go Down By Rs. 8 Per Litre Due To VAT ReductionThe Delhi government has reduced the value-added tax (VAT) on petrol to 19.40 per cent from the earlier 30 per cent, effectively bringing the price down by Rs. 8 per litre. The revised prices will come into effect in Delhi from midnight today.1 min read
Seshan Vijayraghvan | Dec 1, 2021Car Sales November 2021: MG Motor India Reports A Decline Of 40% Due To Chip ShortageIn November 2021, MG Motor India sold 2481 vehicles in India. Compared to 4,163 units sold in November 2020, the company registered a massive decline of over 40 per cent year-on-year.1 min read
Seshan Vijayraghvan | Dec 1, 2021Maruti Suzuki Expects Up To 20% Decline In December Production Due To Chip ShortageMaruti Suzuki expects that the global shortage for semiconductor chips will continue to have an adverse impact on vehicle production. The company estimates that the total vehicle production could be around 80 to 85 per cent of normal production numbers.1 min read
