Sales of passenger vehicles in the country have reached the highest level of any quarter in July-September. Strong demand for utility vehicles is a major reason behind this. The total dispatch of passenger vehicles by automobile companies to dealers increased to 10,74,189 units between July and September. This is an increase of 4.7 percent compared to the same period last year. Along with this, this is the first time that the wholesales of passenger vehicles have been more than 20 lakh units in the first half of a financial year. Vinod Aggarwal, President, Society of Indian Automobile Manufacturers (SIAM), said, “The passenger vehicles segment has been driven by strong demand for sports utility vehicles and utility vehicles. It has reached 60 per cent of the total sales.” Wholesales of entry level cars declined by about 35,000 units in the second quarter. Demand has also been weak in the entry level two-wheeler segment. The main reason for this is the lack of recovery in demand in rural areas. Aggarwal said that there has been growth in the segments of passenger vehicles, three-wheelers and commercial vehicles in the second quarter of the current financial year. However, the wholesales of two-wheelers have declined compared to the same period last year. Maruti Suzuki, one of the big automobile companies, had its highest monthly sales in a month in September. Last month the company had sold more than 1.81 lakh units. This is an increase of three percent compared to the same period last year. The demand for the company’s SUVs and other utility vehicles has increased rapidly. Maruti’s Grand Vitara and Brezza are getting good response from customers. The company’s sales in this segment have increased by more than 80 percent. Maruti has the first position in the SUV segment. Its models like Fronx and Jimny also have strong demand. Last month the company’s sales stood at 1,81,343 units. Out of this, more than 1.50 lakh units have been sold in the country. This is an increase of two percent compared to September last year. In the first six months of the current financial year, Maruti’s sales in the country have crossed 10 lakh units. This is the first time that Maruti Suzuki has crossed the sales mark of 10 lakh units in six months of a financial year.
Tag: cars
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Uber completes 10 years in India, more than 3 billion rides
Uber, which provides cab services through the app, has completed 10 years of its business in the country. The company has made more than three billion trips. Recently, Uber also completed 40 million green kilometers. This is the total figure of all its zero emission trips. Uber competes with Ola in the country. According to a media report, the company has launched Uber Scholar to help the children of its driver partners in Delhi NCR and Bengaluru as a celebration of its 10 years in the country. In this, tuition fees and online devices will be provided to 1,000 children from primary education to post graduation. The company honored 100 of its driver partners for their contribution in an event held in 10 cities. The children of these driver partners have been given e-learning devices. Prabhjeet Singh, President, India and South Asia, Uber, said, “Celebrating 10 years of the company is incomplete without our drivers. For us, it’s not just about looking back at our collective achievements, but also about giving back to the communities we serve. It’s also about the people with whom we are connected.” Uber has done 3,300 crore kilometers of trips during the completion of 10 years of its business. For this, the company has thanked more than 30 lakh driver partners associated with its app. The company claims that this number is equivalent to filling the Narendra Modi Stadium in Ahmedabad, Gujarat 30 times. Driver partners associated with the company have earned an income of more than Rs 50,000 crore during this period. Uber’s app is available in 125 cities of the country. A few months ago, the company had signed a big deal with Tata Motors related to environment friendly transportation. Under this, 25,000 XPRES-T electric vehicles of Tata Motors will be supplied to Uber. Uber will use these electric sedans in its premium category service. The batteries of XPRES–T are 26 kWh and 25.5 kWh. It can be charged from 0-80 percent using fast charging in 59 minutes and 110 minutes respectively.