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KIA America’s dedication to sustainability and innovation is driving the brand towards an exciting future in the automotive industry. As the company continues to expand its lineup and enhance customer experiences, it is poised for even greater success in the coming years.

Carnival, Forte, Sportage, and Seltos Achieve Largest First-Half Sales in History

Kia America has achieved a significant milestone by recording the highest first-half EV sales in the company’s history. This achievement is coupled with the second-best first-half total sales ever recorded by the brand. The top-selling models in the first half of 2024 were the Sportage SUV and Forte sedan, highlighting the brand’s strong market presence.

Record-Breaking EV Sales

Kia America exceeded the sale of more than 5,000 all-EV for the third consecutive month, with a total of 29,392 EVs sold in Q1 of this year. This represents an impressive 112 percent growth year-over-year, indicating robust momentum in EV sales for the company.

Top Performing Models

Several Kia models set new first-half sales records:

Carnival: Achieved an 18-percent increase in sales.
Forte: Recorded a 13-percent increase in sales.
Sportage: Experienced an 11-percent increase in sales.
Seltos: Only 1-percent increase in sales.

Eric Watson, Vice President of Sales Operations at Kia America, expressed his enthusiasm about this milestone, stating, “Kia’s position as a leader in sustainable mobility and our expanding range of hybrid, plug-in hybrid, and all-electric utility vehicles are providing one of the most balanced lineups in the market. With the imminent arrival of the first-ever hybrid Carnival MPV and an increasing supply of the refreshed K5 sedan, Kia continues to offer award-winning options to our customers. We expect consumer demand and traffic in Kia showrooms to rise even further in the second half of the year.

Strategic Initiatives and Engagements

In addition to stellar sales performance, Kia America announced several initiatives aimed at bolstering its presence and customer engagement:

IONNA Charging Network: Durham, North Carolina, was chosen as the headquarters for IONNA, a charging network founded by a coalition of top automakers including Kia, BMW, GM, Honda, Hyundai, Mercedes-Benz, and Stellantis. This initiative underscores Kia’s commitment to advancing sustainable mobility solutions.

June Sales

Year-to-Date Sales

About Kia America

As the “Official Automotive Partner” of the NBA, Kia offers a diverse range of gasoline, hybrid, plug-in hybrid, and electric vehicles through a network of over 775 dealers in the U.S. Several models, including the Sportage (excluding HEV and PHEV models), Sorento (excluding HEV and PHEV models), and Telluride, are proudly assembled in the United States from U.S. and globally sourced parts.

Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, has announced an exciting new promotional campaign, “Honda Magical Monsoon” Valid from July 1 to July 31, 2024.

Campaign with Exclusive Benefits on All Honda Cars

This campaign offers attractive benefits and assured gifts on the purchase of Honda’s premium range of cars. these limited-time offers are available at all dealerships nationwide, designed to provide exceptional value and make this monsoon season even more delightful.

Campaign Details

The “Honda Magical Monsoon” campaign runs for the entire month of July 2024, offering exclusive benefits to customers purchasing any Honda car from the premium range. This initiative aims to enhance the customer experience by providing significant value additions and rewards.

Exclusive Benefits

Customers who purchase and take delivery of their Honda cars in July 2024 stand a chance to win an exclusive couple’s trip to Switzerland or assured prizes worth up to Rs 75,000. Additionally, surprise gifts will be given to all customers who take a test drive during this period. These offers are in addition to the model-wise monthly offers available in the product range.

Customer Incentives

Couple’s Trip to Switzerland: One lucky customer will win an all-expenses-paid trip to Switzerland for two.
Assured Prizes: Customers can win assured prizes worth up to Rs 75,000.
Surprise Gifts: Every test drive taken during the campaign period will come with a surprise gift.

Management’s Statement

Mr. Kunal Behl, Vice President of Marketing & Sales at Honda Cars India Ltd., commented on the promotional campaign:

“The monsoon season brings a refreshing vibe, and Honda’s special offers are designed to enhance this feeling for our customers. Whether you’re upgrading your current vehicle or purchasing your first car, Honda provides unmatched value, making now the ideal time to make your decision. This limited-time offer is available at all authorized Honda dealerships nationwide.”

Eligible Models

The promotional scheme covers the entire premium range of Honda Cars India, ensuring customers nationwide can avail of these offers. The eligible models include:

Honda Amaze
Honda City
Honda Elevate
Honda City e
Customers can enjoy these exclusive benefits alongside the ongoing monthly offers available on these models.

Conclusion

The “Honda Magical Monsoon” campaign by Honda Cars India Ltd. is a fantastic opportunity for customers to enjoy exclusive benefits and assured gifts on the purchase of premium Honda cars. With the added allure of a potential trip to Switzerland and substantial prize offerings, this promotion is set to make the monsoon season even more enjoyable for Honda enthusiasts. Don’t miss out on this limited-time offer available at all authorized Honda dealerships nationwide.

Maruti Suzuki India Ltd. (MSIL), has taken a significant step towards sustainability by installing a pilot biogas generation and purification plant at its Manesar Plant in Haryana, India. The plant, which commenced operations in June 2024, is part of Suzuki’s broader commitment to achieving carbon neutrality and promoting renewable energy solutions.

The biogas plant of Maruti Suzuki India Ltd. at the Manesar facility generates biogas from Napier grass, a perennial grass of the Poaceae family, and food waste from the plant canteen. The Napier grass is cultivated on the premises of the Manesar factory, ensuring a sustainable and local source of raw material. The biogas produced is purified and used for cooking in the canteen and in various production processes within the plant. Additionally, the residue from the biogas production process is utilized as organic fertilizer for internal horticulture, promoting a closed-loop system that minimizes waste.

Environmental Impact

The biogas plant is expected to produce approximately 0.2 tonnes of biogas per day, leading to a reduction of around 190 tonnes of CO2 emissions annually. This initiative not only contributes to Suzuki’s carbon neutrality goals but also showcases the practical application of sustainable practices in industrial settings. By utilizing Napier grass and food waste, the plant reduces reliance on fossil fuels and decreases the overall carbon footprint of the Manesar facility.

Suzuki’s Commitment to Renewable Energy

Maruti Suzuki has been at the forefront of promoting renewable energy in India. The company has installed solar panels at various plants and actively utilizes green electricity. Over the next three years, starting from FY2024, Maruti Suzuki plans to invest a total of 4.5 billion rupees (approximately 7.9 billion yen) in renewable energy-related initiatives. This investment underscores the company’s dedication to reducing environmental impact and fostering a sustainable future.

Future Plans

Suzuki’s commitment to renewable energy extends beyond the biogas plant at Manesar. The company is exploring additional renewable energy projects and technologies to further reduce its carbon footprint. By continuously investing in innovative solutions and promoting the use of renewable energy, Suzuki aims to lead the automotive industry towards a greener and more sustainable future.

Conclusion

The commencement of the biogas plant at Maruti Suzuki‘s Manesar facility marks a significant milestone in the company’s journey towards sustainability and carbon neutrality. By harnessing the potential of Napier grass and food waste, the plant not only reduces CO2 emissions but also sets an example for the effective integration of renewable energy solutions in industrial operations. Suzuki’s ongoing commitment to renewable energy and environmental stewardship is a testament to its vision of a carbon-neutral society.

Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, has announced its total sales figures for June 2024. The company registered a total of 9,776 units sold, encompassing both domestic and export markets.

In June 2024, Honda Cars total sales reached 9,776 units. This figure includes domestic sales of 4,804 units and exports of 4,972 units. Despite challenging market conditions, Honda Cars India has managed to maintain robust sales through strategic promotional campaigns and a focus on retail maximization.

Domestic and Export Sales Breakdown

Domestic Sales: 4,804 units
Exports: 4,972 units
This balanced sales performance reflects Honda’s strong market presence and adaptability to varying market demands.

Management’s Perspective

Mr. Kunal Behl, Vice President of Marketing & Sales at Honda Cars India Ltd., shared his thoughts on the sales performance for June 2024:

The market conditions have posed significant challenges in generating new demand. To counter this, we launched exciting promotional campaigns in June, aiming to enhance the purchasing experience and boost retail sales. On the export front, we achieved continued growth, representing a major milestone for the company.

Comparative Analysis with June 2023

When compared to June 2023, HCIL’s sales figures show a dynamic shift:

June 2023 Domestic Sales: 5,080 units
June 2023 Exports: 2,112 units
The 2024 sales reflect a notable increase in exports, showcasing Honda’s strategic emphasis on international markets.

About Honda Cars India Ltd.

Honda Cars India Ltd. (HCIL) was established in December 1995 with a mission to provide advanced car models and technologies to Indian customers. The corporate office is located in Greater Noida, UP, and the state-of-the-art manufacturing facility is situated in Tapukara, District Alwar, Rajasthan.

Honda’s models are renowned for their advanced design, durability, reliability, safety, and fuel efficiency. The company boasts a strong sales and distribution network across the country, ensuring comprehensive market coverage and customer service.

Honda Auto Terrace

Beyond new cars, Honda Cars India offers a one-stop solution for buying and selling pre-owned cars through Honda Auto Terrace. This service provides Honda Certified Pre-owned cars, ensuring quality and peace of mind for pre-owned car buyers across the country.

Conclusion

Honda Cars India Ltd. continues to demonstrate resilience and growth in both domestic and export markets. With strategic promotional campaigns and a focus on customer satisfaction, HCIL maintains its position as a leading manufacturer of premium cars in India. The significant leap in export sales further solidifies Honda’s commitment to expanding its global footprint.

Mahindra & Mahindra Ltd., India’s leading SUV manufacturer, has introduced new premium features for the Scorpio-N Z8 range, reaffirming its commitment to enhancing the overall vehicle experience.

New Premium Features

The addition of new features is aimed at providing enhanced comfort, safety, and convenience to customers. The new features include:

Ventilated Seats
Auto-Dimming IRVM
Wireless Charger (with Active Cooling)
High-Gloss Center Console

Additionally, the Midnight Black color option is now available across the entire Z8 Premium Range, adding to the vehicle’s aesthetic appeal.

About The Scorpio-N

The Scorpio-N is designed to be a game-changer with its unmissable design, sophisticated ride and handling, thrilling performance, advanced technology, and reassuring safety.

The Scorpio-N is powered by:

TGDi m-Stallion (petrol) engine: Delivering 200 PS and 380 Nm of torque.
m-Hawk (diesel) engine: Providing 175 PS and 400 Nm of torque.
Both engines are available in 6-speed manual and automatic transmissions, with an optional 4X4 system.

The Scorpio-N offers rich coffee-black leatherette upholstery, a best-in-class command seating position, a center console encased in robust metal finished dual rails, and an advanced infotainment system.

New Features in Scorpio-N Z8 Variants

Variant New Features
Z8 S Wireless Charger, High Gloss Centre Console
Z8 Wireless Charger, High Gloss Centre Console
Z8 L Ventilated Seats, Auto-Dimming IRVM, Wireless Charger (with Active Cooling), High Gloss Centre Console

On Top of Z6 variant:

Adrenox Connect
Alexa Built-in
R17 Diamond Cut Alloy Wheels
Rear Parking Camera
Rich-Coffee Black Leatherette Interiors
Signature Dual Barrel LED Headlamps
Sting Like LED Daytime Running Lamps
LED Projector Foglamps
LED Sequential Turn Indicator
Front Chrome Grille
6-Airbags
what3words (W3W) – Alexa Enabled
Android Auto™ + Apple CarPlay Compatibility (Wired + Wireless)
Touchscreen Infotainment & 17.78 cm Colour TFT Cluster
Leather Wrapped Steering and Gear Shift Lever

On Top of Z8 variant:

Bigger Diamond Cut Alloy Wheels (R18)
Sony® 3D Immersive Audio
12 speakers with Dual Channel Sub-woofer
6-Way Driver Power Seat
Front Camera
Front Parking Sensors
Driver Drowsiness Detection (DDD)
Captain Seats Option

On Top of Z8 S variant:

Push Button Start
Passive Keyless Entry
Electric Adjust ORVM with Power Fold
Dual Zone FATC
Auto Headlamp + Auto Wiper
4XPLOR – Intelligent 4X4 system with Selectable Terrain Modes (Normal, Snow, Mud & Ruts, Sand) – Diesel (4WD)
Electronic Brake Locking Differential – Diesel (4WD)

Enhanced Customer Experience

The integration of these features into the Z8 range of Scorpio-N vehicles strengthens Mahindra’s position as a leader in the SUV market. The Scorpio-N Z8 range now offers a more premium experience, contributing to a stylish interior and a comfortable driving experience.

Toyota Kirloskar Motor (TKM) Continues to Post Strong Sales Growth, Records its Highest Monthly Sales with 27,474 Units in June 2024

Toyota Kirloskar Motor (TKM) has reported an impressive 40% growth in sales for June 2024, achieving its highest monthly sales with 27,474 units. This total includes domestic sales of 25,752 units and 1,722 units of exports. This significant increase comes on the heels of the 19,608 units sold in June 2023, marking a continued upward trajectory for the company.

Sustained Growth Across 2024

TKM’s robust performance is attributed to the sustained and overwhelming response to its entire MPV and SUV lineup. The company’s customer-centric approach and the rollout of value-added services have played crucial roles in maintaining this positive momentum. Enhanced accessibility in both metropolitan and smaller regions has also contributed to this success.

In the first half of 2024, TKM reported a 47% growth compared to the same period in 2023. From January to June 2024, TKM sold 150,250 units, a significant increase from the 102,371 units sold in the first six months of 2023.

Sales Performance Highlights
June 2024 vs. June 2023:

June 2024: 27,474 units
June 2023: 19,608 units
Growth: 40%
January – June 2024 vs. January – June 2023:

First 6 months of 2024: 150,250 units
First 6 months of 2023: 102,371 units
Growth: 47%

Strategic Success and Customer Satisfaction

Commenting on this strong performance, Mr. Sabari Manohar, Vice President, Sales-Service-Used Car Business at Toyota Kirloskar Motor, stated, “Our product strategy and continued focus on offering a delightful ownership experience across all touchpoints allowed us to maintain consistently strong performance. Notably, we achieved our highest ever monthly sales of 27,474 units in June, and the overall 47% growth for the calendar year highlights the success of our invigorated strategy.”

Key Model Performance

The recently launched Urban Cruiser Taisor has been a standout, performing beyond expectations with order intake doubling compared to the previous month. This model’s popularity underscores Toyota’s growing presence in the SUV segment. The Urban Cruiser Taisor, available in 1.0L Turbo, 1.2L Petrol, and E-CNG options, offers a fusion of style, high performance, and fuel economy, backed by Toyota’s renowned value-added services.

Market Expansion and Innovation

TKM’s strategic focus on rural areas has broadened its customer base and driven significant sales momentum. Additionally, TKM has recently launched the company-owned Toyota Used Car Outlet (TUCO) in New Delhi. Toyota Motor Corporation (Japan): 89%, Kirloskar Systems Limited (India): 11%. Toyota Kirloskar Motor’s consistent growth reflects its strategic focus on customer satisfaction, market expansion, and innovative product offerings.

Maruti Suzuki Sales in June 2024, reported a total Sales figure of 179,228 units

In June 2024, Maruti Suzuki India Limited (MSIL) reported a total sales figure of 179,228 units. This includes domestic sales of 139,918 units, sales to other OEMs of 8,277 units, and exports of 31,033 units. This robust performance underscores Maruti Suzuki’s continued dominance in the automotive market.

Total Domestic Passenger Vehicle Sales (PV): 137,160 units

A: Mini Segment: 9,395 units

• Alto
• S-Presso

A: Compact Segment: 64,049 units

• Baleno
• Celerio
• Dzire
• Ignis
• Swift
• WagonR

Mini + Compact Segment Total: 73,444 units

A: Mid-Size Segment: 572 units

• Ciaz

Total A: Passenger Cars: 74,016 units

B: Utility Vehicles: 52,373 units

• Brezza
• Ertiga
• Fronx
• Grand Vitara
• Invicto
• Jimny
• XL6

C: Vans: 10,771 units

• Eeco

Light Commercial Vehicles (LCV)

• Super Carry: 2,758 units

Sales to Other OEMs

• Total Sales to Other OEMs: 8,277 units

Total Domestic Sales

• Total Domestic Sales (PV + LCV + OEM): 148,195 units

Export Sales

• Total Export Sales: 31,033 units

Grand Total Sales (Domestic + Export)

• Total Sales: 179,228 units

Comparative Analysis: June 2024 vs. June 2023

A: Mini Segment:

• June 2024: 9,395 units
• June 2023: 14,054 units
• % Change: -33.1%

A: Compact Segment:

• June 2024: 64,049 units
• June 2023: 64,471 units
• % Change: -0.7%

Mini + Compact Segment Total:

• June 2024: 73,444 units
• June 2023: 78,525 units
• % Change: -6.5%

A: Mid-Size Segment:

• June 2024: 572 units
• June 2023: 1,744 units
• % Change: -67.2%

Total A: Passenger Cars:

• June 2024: 74,016 units
• June 2023: 80,269 units
• % Change: -7.8%

B: Utility Vehicles:

• June 2024: 52,373 units
• June 2023: 43,404 units
• % Change: +20.7%

C: Vans:

• June 2024: 10,771 units
• June 2023: 9,354 units
• % Change: +15.1%

Total Domestic Passenger Vehicle Sales (PV):

• June 2024: 137,160 units
• June 2023: 133,027 units
• % Change: +3.1%

Light Commercial Vehicles (LCV):

• June 2024: 2,758 units
• June 2023: 2,992 units
• % Change: -7.8%

Total Domestic Sales including LCV (PV + LCV):

• June 2024: 139,918 units
• June 2023: 136,019 units
• % Change: +2.9%

Sales to Other OEMs:

• June 2024: 8,277 units
• June 2023: 3,629 units
• % Change: +128.1%

Total Domestic Sales (PV + LCV + OEM):

• June 2024: 148,195 units
• June 2023: 139,648 units
• % Change: +6.1%

Total Export Sales:

• June 2024: 31,033 units
• June 2023: 19,770 units
• % Change: +57.0%

Total Sales (Domestic + Export):

• June 2024: 179,228 units
• June 2023: 159,418 units
• % Change: +12.4%

Conclusion

Maruti Suzuki India Limited continues to demonstrate its market leadership with solid sales figures in June 2024. The significant growth in export sales and utility vehicles highlights the brand’s expanding global footprint and the increasing popularity of its versatile vehicle lineup. As Maruti Suzuki navigates the dynamic automotive market, its commitment to innovation and customer satisfaction remains unwavering.

Mahindra Auto Records Impressive Growth in June 2024 with 40,022 SUV Sales. This includes a remarkable 23% increase in SUV sales, totaling 40,022 units sold in the domestic market.

Mahindra Auto a subsidiary of Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s premier automotive companies, has announced a robust performance for June 2024, registering total auto sales of 69,397 vehicles, marking an 11% growth compared to the same period last year.

Stellar Performance in Utility Vehicles

Mahindra’s Utility Vehicles (UV) segment showcased exceptional growth, with domestic sales reaching 40,022 units, a 23% rise from June 2023’s 32,585 units. Overall, including exports, Mahindra sold 40,644 SUVs in June 2024. The total passenger vehicles sold in the domestic market matched the UV figures, reflecting a similar growth trend.

Commercial Vehicles and Three-Wheelers

In the commercial vehicle segment, Mahindra Auto reported domestic sales of 20,594 units. The detailed breakdown is as follows:

LCV < 2T: Sales increased by 5% to 3,223 units from 3,063 units in June 2023.
LCV 2T – 3.5T: Sales decreased by 12% to 14,097 units compared to 16,042 units in the previous year.
LCV > 3.5T + MHCV: This category saw a significant 77% increase, with sales reaching 3,274 units from 1,854 units in June 2023.
Three-Wheelers (including electric 3Ws): Sales slightly declined by 3%, with 6,184 units sold compared to 6,377 units in June 2023.

Export Performance

Mahindra Auto’s export numbers also showed positive growth, with total exports rising by 4% to 2,597 units in June 2024, up from 2,505 units in June 2023. This growth underscores the global appeal and reliability of Mahindra’s vehicles.

Leadership Commentary

Veejay Nakra, President of the Mahindra Auto, Automotive Division at M&M Ltd., highlighted the remarkable sales performance, noting, “In June, we achieved sales of 40,022 SUVs, marking a 23% increase, and a total of 69,397 vehicles, reflecting an 11% growth compared to the previous year. June has been particularly significant for us, as we celebrated the rollout of the 200,000th XUV700 from our production facility. Additionally, we commemorated 25 years of Bolero Pik-Ups, a pioneering leader in the LCV segment.”

Sales Summary for June 2024 of Mahindra Auto

Passenger Vehicles Domestic Sales Summary – June 2024

Category June ’24 June ’23 % Change YTD June ’24 YTD June ’23 % Change
Utility Vehicles 40,022 32,585 23% 124,248 100,162 24%
Cars + Vans 0 3 -100% 0 10 -100%
Passenger Vehicles 40,022 32,588 23% 124,248 100,172 24%
Commercial Vehicles and Three-Wheelers Sales Summary (Domestic) – June 2024

Category June ’24 June ’23 % Change YTD June ’24 YTD June ’23 % Change
LCV < 2T 3,223 3,063 5% 9,751 9,392 4%
LCV 2T – 3.5T 14,097 16,042 -12% 43,570 46,745 -7%
LCV > 3.5T + MHCV 3,274 1,854 77% 9,201 5,115 80%
Three-Wheelers 6,184 6,377 -3% 17,655 17,780 -1%
Exports – June 2024

Category June ’24 June ’23 % Change YTD June ’24 YTD June ’23 % Change
Total Exports 2,597 2,505 4% 7,125 6,934 3%

About Mahindra

Founded in 1945, the Mahindra Group is a globally admired multinational federation of companies with 260,000 employees in over 100 countries. It holds a leadership position in sectors such as farm equipment, utility vehicles, information technology, and financial services in India and is the world’s largest tractor company by volume.

The Mahindra Group is committed to leading ESG globally, enabling rural prosperity, and enhancing urban living. Its goal is to drive positive change in the lives of communities and stakeholders, encapsulated in its motto “Rise.”