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Volvo Cars India elevates Jyoti Malhotra as MD

NEW DELHI: Volvo Cars' India arm has announced the elevation of Jyoti Malhotra as managing director. He will be the first Indian to head Volvo Cars India. Malhotra currently serves as director - sales and marketing. He joined the company in August 2016.   Charles Frump, who has been at the helm of...

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Maruti Suzuki sales up 20% in December 2020

NEW DELHI: Maruti Suzuki India Ltd posted total sales of 160,226 units in December 2020. This is a growth of 20.2 per cent over December 2019, when sales stood at 122,784 units. Total sales include domestic sales of 146,480 units and 3,808 units for other OEMs. In addition, the company exported 9,...

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Maruti Suzuki clocks 1% net profit in Q2

NEW DELHI: Maruti Suzuki India has reported a net profit of Rs 1,371, a slim growth of one per cent year-on-year for the quarter ended 30 September 2020. The Q2 bottom line of India's largest car manufacturer is still an improvement from a year-on-year loss of Rs 249.5 crore in the previous quarter...

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Auto industry steps on the gas to lift festive season sales

NEW DELHI: India's automobile industry has had a bumpy ride these last few years. Add a global pandemic on top of that and the sector was completely stalled. However, with the onset of the festive season, the industry finally seems to be on the road to recovery.

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Covid2019 creates opportunity for used car market

NEW DELHI- Covid2019 battered the automotive industry in India with the demand for new cars and two-wheelers plummeted between March-May 2020. The month of April 2020 has gone down in the history of the country when not even a single car was except a few that were exported out of the country. The...

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