Maruti Suzuki Chairman identifies weak demand for Maruti Suzuki Chairman identifica la débil demanda de coches Maruti Suzuki Chairman R.C. Maruti Suzuki Presidente R.C. Bhargava highlighted a decline in demand for cars priced under Rs 10 lakh, attributing it to affordability issues. Bhargava destacó un descenso en la demanda de coches con un precio bajo Rs 10 lakh, atribuyéndolo a problemas de asequibilidad. This segment, crucial for feeding the premium market, saw weak sales as overall car sales in India grew only 0.5% in the first half of the fiscal year. Este segmento, crucial para alimentar el mercado de las primas, vio bajas ventas ya que las ventas globales de automóviles en la India crecieron sólo un 0,5% en la primera mitad del año fiscal. Maruti anticipates a 3-4% growth in passenger vehicle sales, banking on the festival season to boost retail sales while launching models in the Rs 10-20 lakh category. Maruti anticipa un crecimiento del 3-4% en las ventas de vehículos de pasajeros, apostando por la temporada del festival para impulsar las ventas al por menor mientras lanza modelos en la categoría Rs 10-20 lakh.
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Luxury carmakers Mercedes-Benz, Audi, and BMW anticipate record sales in India's festive season, targeting over 50,000 units sold. September 22, 20249 Articles Maruti Suzuki, Hyundai, and Tata Motors report sales declines due to reduced dispatches and falling demand. October 01, 202462 Articles Kia India reports 17.19% rise in domestic sales in August 2024, driven by new Sonet demand. August 31, 202448 Articles Mahindra sold 40,631 SUVs in March, up 13% YoY, driven by XUV700, Scorpio N, and Thar models. April 01, 20244 Articles Mercedes-Benz reported a 13% increase in India car sales for Jan-Sep 2024, with Q3 sales up 21%, and EV sales up 84%. October 09, 202422 Articles-- show more -- 15% growth forecasted in Indian auto market during festive season, driven by rural demand and 2W segment. September 11, 20246 Articles Maruti Suzuki targets continued sales growth in November, leveraging the wedding season demand. November 03, 20249 Articles Indian car sales climb in November, led by SUVs, with Maruti and Toyota seeing significant gains. December 01, 202422 Articles On Oct. 29, 2024, Tata Motors Ltd fell 4.18% as auto sector sales dropped due to high inventory and living costs. October 29, 202414 Articles India's micro SUV sales surge 72% in Q1, outpacing overall passenger vehicle sales growth. September 14, 20244 Articles-- show less -- © 2023 Helm News Inc. All Rights Reserved.
Maruti Suzuki Chairman R.C. Maruti Suzuki Presidente R.C. Bhargava highlighted a decline in demand for cars priced under Rs 10 lakh, attributing it to affordability issues. Bhargava destacó un descenso en la demanda de coches con un precio bajo Rs 10 lakh, atribuyéndolo a problemas de asequibilidad. This segment, crucial for feeding the premium market, saw weak sales as overall car sales in India grew only 0.5% in the first half of the fiscal year. Este segmento, crucial para alimentar el mercado de las primas, vio bajas ventas ya que las ventas globales de automóviles en la India crecieron sólo un 0,5% en la primera mitad del año fiscal. Maruti anticipates a 3-4% growth in passenger vehicle sales, banking on the festival season to boost retail sales while launching models in the Rs 10-20 lakh category. Maruti anticipa un crecimiento del 3-4% en las ventas de vehículos de pasajeros, apostando por la temporada del festival para impulsar las ventas al por menor mientras lanza modelos en la categoría Rs 10-20 lakh.
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