Punch repeated the feat in April as well with 19,158 units against 17,850 units of WagonR. Maruti's Brezza SUV was the third-largest seller in the month at 17,113 units. This perhaps is one of the rare instances where a Maruti model has not been the biggest-seller in the country. And, the fact that Punch holding on to leadership position for two straight months shows that the trend can be sustained.
Ashok Leyland, the Hinduja Group flagship, is set to introduce six new light commercial vehicles (LCVs) in the next year, aiming to boost its market share in the segment to 25% from the current 20%. Amandeep Singh, president of LCV, international operations, defence, and power solutions at Ashok Leyland, revealed the company's plans to launch a new model of the Dost range every alternate month, starting from this month.
The report detailed that electric two-wheelers (E2Ws) constituted over 55% of the annual EV sales, totaling 41,35,077 units by the end of FY2024. The passenger electric three-wheeler (E3W P) followed with approximately a 32% market share.
M&M's patents cover a range of functions, such as powertrain (ICE & EV), vehicle mechanical systems, electronics, manufacturing processes, electric tractors, and advanced engineering, among others. Tata Motors also received its highest-ever grant of 333 patents during the last fiscal, taking its total tally of granted patents to over 850.
Domestic sale of MH&ICV in April 2024, including trucks and buses, stood at 12,722 units, compared to 8,985 units in April 2023.
The company stated in its regulatory filings that the penalty of INR 6,68,02,395 was slapped by the Senior Joint Commissioner Large Tax Payer Unit, Corporate Division, West Bengal. “The Company has received order confirming demand on account of Excess availment of credit under section 73 of the CGST/ SGST Act, 2017”, the company stated.
The bank will offer financing across the entire commercial vehicle portfolio, and customers will benefit from the bank’s wide network and specially curated easy repayment plans, the company said.
The total tаx amount for the order that was received by the company on April 27, 2024 sums up to INR 1,92,83,966 with interest of INR 22,04,93,836 and Penalty of INR 19,28,396.
The campaign aims to create awareness on the benefits of an Annual Maintenance Contract (AMC) service, whilst spotlighting Tata Motors’ AMC service as an ideal solution that allows customers stress free operations through systematic maintenance of vehicles.
Sixteen years post an anti-land acquisition movement that forced the Tata Nano car plant out of Singur, the issue of industrialization remains central in the Hooghly Lok Sabha constituency. Two film celebrities, running for TMC and BJP, vow to rejuvenate industry in the region. Hooghly district, encompassing the Singur area, gained national attention in 2006-2007 during the anti-land acquisition movement against the former Left Front government.
The modern facility is fully digitalized and spans across 1 lakh square feet, stocking spare parts for the entire commercial vehicle portfolio, the company said.
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