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The downward trend in the automotive industry continues in May 2019 as well. Toyota Kirloskar Motor announced its sales figure for the month of May and it has sold a total of 12,138 units in the domestic market, which was a de-growth of 7 per cent as compared…
Affected by the slump in the Indian auto market, Hyundai Motor India’s domestic volumes witnessed a decline in May 2019 at 42,502 units, dropping by 5.6 per cent as against 45,008 units sold in May 2018. Exports, however, saw a major increase in volumes by…
German automaker Mercedes-Benz is focusing on young Indonesians as part of its strategy to boost sales in the country, shaking off the “dad’s car” image along the way. “We’re opening up new segments that are characterized by younger buyers, people who may not…
