Sales Figures News

The Maruti Suzuki XL6 has completed one year in the Indian market, and so far, the company has sold over 25,000 units of the MPV. First launched around this same time in August 2019, the XL6 is based on the company popular MPV, Ertiga, and is sold via its premium dealership network, Nexa.

The Maruti Alto brand has now crossed the 40 lakh sales mark in August 2020 and has been the first car to 76 per cent of its buyers.

Ashok Leyland has recorded loss in the first quarter of 2021 owing to the coronavirus lockdown with no operations for almost two month of the quarter.

According to the data recently shared by automotive insights and analytics provider, JATO Dynamics India, Korean and French carmakers, namely Kia Motors and Renault witnessed an increase in their market share in July 2020.

The production figures were dominated by the Bolero Power Plus (sub four metre Bolero) at 3079 units as compared to 3775 units, which is a decline of 18.43 per cent.

At 19.19 per cent, the year-on-year (YoY) slump in Maruti Suzuki's production last month is much lesser than the 55 per cent YoY production decline it recorded in June 2020. It has witnessed a month-on-month (MoM) uptick of 162.63 per cent in July 2020 in production numbers.

Sales across segments have been subdued even in the month of July as customer sentiments continue to be negative and even dealerships are not able operate at full strength as yet.

Uber Technologies has reported a loss of $1.78 billion in its Q2 2020 earnings owing to lockdowns imposed across the world thanks to the COVID19 pandemic. This has impacted its core ride-sharing massively. Year on year, its ride-sharing business collapsed by 73% compared to Q2 of 2019. On the bright side, with people staying in more, its UberEats, food delivery business, grew massively.