#Mahindra SUV Sales
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25 km का दमदार माइलेज और 8.34 लाख की कीमत के साथ Maruti Brezza बनी भारत की Best Selling SUV
देश में कॉम्पैक्ट एसयूवी का बाजार तेजी से बढ़ रहा है, और इसका सबसे बड़ा उदाहरण है Maruti Brezza Best Selling SUV बनना। मारुति सुजुकी की इस एसयूवी ने अगस्त 2024 में धमाकेदार प्रदर्शन किया और बिक्री के मामले में सभी को पीछे छोड़ दिया। तो चलिए जानते हैं कैसे Maruti Brezza Sales August 2024 में टॉप पर पहुंची और इसका मुकाबला किन-किन एसयूवी से है। Maruti Brezza Best Selling SUV Maruti Brezza ने कैसे…
#Best Selling SUV#Compact SUV Sales in India 2024#Mahindra XUV 3OO#Maruti Brezza Best Selling SUV#Maruti Brezza CNG Variant Features#Maruti Brezza Mileage and Engine#Maruti Brezza Price and Specifications#Maruti Brezza Sales#Maruti Brezza Sales August 2024#Maruti Brezza vs Tata Punch Comparison
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Mahindra & Mahindra’s EV Unit Seeks Investment Opportunities in India to Accelerate Growth
Mahindra & Mahindra, a prominent sports utility vehicle manufacturer, is reportedly in advanced discussions with British International Investment (BII) and other global investors to secure a substantial investment of up to ₹5,000 crore for its electric vehicles (EV) subsidiary. This new funding round is expected to value the EV unit at a higher valuation than the previous round, reflecting the growing interest in the Indian electric vehicle market. The investment aims to support Mahindra’s ambitious plans for expansion and the development of sustainable mobility solutions.
India’s electric vehicle market has been witnessing significant growth in recent years, driven by increasing environmental concerns, government initiatives, and evolving consumer preferences. As a result, established automakers like Mahindra & Mahindra are actively seeking investment opportunities in India to capitalise on this emerging market and accelerate their growth in the EV segment.
India has set an ambitious target to transition to electric mobility, aiming for 30% electric vehicle penetration in the country by 2030. The government has implemented various policies and incentives to encourage the adoption of electric vehicles, including subsidies, tax benefits, and the establishment of charging infrastructure. These measures have created a favourable environment for investors and manufacturers to participate in the Indian electric vehicle ecosystem.
To align with India’s electric mobility vision, Mahindra & Mahindra’s EV unit has outlined an aggressive expansion strategy. The company intends to launch five new electric vehicle models between April and October 2025, demonstrating its commitment to providing sustainable transportation solutions to Indian consumers.
By incorporating electric SUVs into its product portfolio, Mahindra aims to capture a significant market share in the fast-growing electric SUV segment. It anticipates that e-SUVs will account for 20-30% of its overall SUV sales, with sales volumes projected to reach around 200,000 units. This focus on electric SUVs aligns with the evolving preferences of Indian consumers, who seek both sustainability and performance in their vehicles.
Investment opportunities in the Indian electric vehicle market hold immense potential for both domestic and international investors. The sector offers an attractive landscape for investment due to the following factors:
Growth Potential: With the Indian government’s strong commitment to electric mobility, the EV market is poised for substantial growth. Increasing consumer demand, supportive policies, and infrastructure development create a favourable investment climate.
Technological Advancements: Investment in electric vehicles drives innovation in battery technology, charging infrastructure, and connected features. These advancements contribute to the overall development of the sector and create opportunities for investors to benefit from emerging technologies.
Environmental Considerations: Electric vehicles play a crucial role in reducing greenhouse gas emissions and combating air pollution. Investing in electric mobility aligns with global sustainability goals, making it an appealing choice for socially responsible investors.
Job Creation and Economic Growth: The growth of the electric vehicle industry stimulates employment opportunities across the value chain, including manufacturing, R&D, charging infrastructure, and support services. This fosters economic development and contributes to the overall growth of the Indian economy.
Mahindra & Mahindra’s pursuit of significant investment for its EV unit reflects the immense potential and investment opportunities in India’s electric vehicle market. As the demand for sustainable transportation solutions continues to rise, the sector offers a promising landscape for investors seeking long-term growth and environmental impact. With government support, technological advancements, and changing consumer preferences, investing in electric mobility can contribute to both economic development and a greener future for India.
This post was originally published on: Apppl Combine
#Invest In India#investment#apppl combine#EV#Grow With India#Investment In India#Investment Opportunities#Mahindra#Mahindra and Mahindra
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Investing in India's Growth: Sectors to Watch
India's burgeoning economy presents significant growth opportunities, particularly in sectors like automobile manufacturing, air conditioning, and travel. Currently, only 4% of Indians own a car, 6% have traveled abroad, and 8% possess an air conditioner. These statistics highlight substantial potential for expansion in these industries.
Automobile Industry
The Indian automotive market is on an upward trajectory, with demand expected to grow at a compound annual growth rate (CAGR) of 9.7% from 2023 to 2030. This growth is driven by increasing disposable incomes, urbanization, and improved infrastructure.
Key Stocks to Watch:
Maruti Suzuki India Ltd. (MARUTI): As a leading car manufacturer, Maruti Suzuki reported a 24% increase in domestic sales in December 2024, with small car sales jumping by 29%.
Mahindra & Mahindra Ltd. (M&M): Known for its SUVs, Mahindra reported an 18% rise in car sales in December 2024, reflecting strong demand in the SUV segment.
Air Conditioning Market
Air conditioner ownership in India has tripled since 2010, reaching 24 units per 100 households, driven by rising temperatures and increased incomes. The room air-conditioner industry is expected to grow by 20-25% in 2024-25, reaching 12-12.5 million units.
Key Stocks to Watch:
Voltas Ltd. (VOLTAS): A leading player in the air conditioning market, Voltas is well-positioned to benefit from the increasing demand for cooling solutions.
Blue Star Ltd. (BLUESTARCO): With a strong presence in both residential and commercial segments, Blue Star is poised to capitalize on the growing air conditioning market.
Travel and Tourism Sector
India is projected to become the fifth-largest outbound tourism market by 2027, with the market value reaching $89 billion. This growth is fueled by a rising middle class, increased disposable incomes, and improved connectivity.
Key Stocks to Watch:
MakeMyTrip Limited (MMYT): An online travel services provider, MakeMyTrip has experienced significant growth, with its stock showing a 138% year-to-date increase.
IRCTC Ltd. (IRCTC): As the primary provider of online railway ticketing, catering, and tourism services in India, IRCTC stands to benefit from the surge in domestic and international travel.
Conclusion
India's low penetration rates in car ownership, air conditioning, and international travel indicate substantial growth potential in these sectors. Investors looking to capitalize on India's economic expansion should consider these industries and the associated stocks as promising opportunities.
Related Articles:
Maruti, Mahindra lead Indian carmakers' December sales to dealers
This Travel Stock Nears Buy Point After Whopping 138% Year-To-Date Gain
Rise of the Indian tourist: travel industry pivots to next big market
#InvestInIndia#IndianEconomy#AutomobileIndustry#AirConditioningMarket#TravelAndTourism#GrowthSectors#StockMarketOpportunities#MarutiSuzuki#Mahindra#Voltas#BlueStar#MakeMyTrip#IRCTC#StocksToWatch#IndianAutomotive#IndianTourism
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Mahindra XEV 9e: Redefining Luxury and Performance in the Electric SUV Segment
Mahindra & Mahindra has introduced the XEV 9e, a premium electric SUV that marks a significant advancement in the company's electric vehicle lineup. 🚀 Launched in November 2024, the XEV 9e is built on Mahindra's dedicated electric platform, INGLO, and is available at an introductory price starting at ₹21.90 lakh (ex-showroom). 💰 (Source: India Today)
✨ Design and Dimensions 📏
The XEV 9e features a sleek coupe-SUV design, measuring 4,790 mm in length, 1,905 mm in width, and 1,690 mm in height, with a wheelbase of 2,775 mm. 🛻 It offers a ground clearance of 207 mm, a spacious 663-liter boot, and a 150-liter front trunk (frunk).
🌟 The exterior showcases a distinctive LED light bar across the front, flush door handles, and aero-optimized 19-inch alloy wheels, with optional 20-inch alloys available. At the rear, connected LED tail-lights positioned below the boot spoiler enhance its modern aesthetic. ✨ (Source: India Today)
🖥️ Interior and Features 🚙
Inside, the XEV 9e boasts a triple-screen setup, each measuring 12.3 inches, powered by Mahindra’s Adrenox software. 💻 The system operates on Qualcomm's Snapdragon 8295 chipset, supported by 24GB of RAM and 128GB of storage, offering connectivity features like Wi-Fi 6.0, Bluetooth 5.2, and 5G capability. 📶
🚗 Additional highlights include:
Two-spoke flat-bottom steering wheel with an illuminated logo.
Electronic parking brake and multiple drive modes: Everyday, Range, and Race.
Brake-by-wire technology for seamless control.
✨ Luxurious amenities include a panoramic sunroof, a 1,400W 16-speaker Harman Kardon sound system with Dolby Atmos, and a heads-up display (HUD).
🛡️ Safety features:
7 airbags
Level 2 ADAS suite
360-degree camera, blind spot monitoring, and parking assistance.
(Source: India Today)
⚡ Performance and Range 🌍
The XEV 9e is available with two battery options:
59 kWh LFP pack: Offers 228 bhp.
79 kWh LFP pack: Delivers 282 bhp and accelerates from 0 to 100 km/h in 6.8 seconds. 🏎️
🔋 The 79 kWh battery offers an ARAI-certified range of 656 km (MIDC phase 1+2) and 533 km according to the WLTP cycle, with a real-world range exceeding 500 km.
⚡ Charging is ultra-fast:
20%-80% in just 20 minutes with a 175 kW DC fast charger (79 kWh variant).
140 kW DC fast charger for the 59 kWh battery.
(Source: India Today)
🌟 Market Position and Availability 📊
With the XEV 9e, Mahindra aims to capture a significant share of India's growing electric vehicle market, currently dominated by hybrid and petrol models like Hyundai's Creta and Toyota's Urban Cruiser Hyryder.
🚚 Deliveries will begin by the end of February 2025, with an initial manufacturing run of 90,000 units annually, scaling up to 200,000 units by March 2026.
🔮 This launch is part of Mahindra's broader strategy to ensure electric vehicles constitute at least 20% of its SUV sales by 2027, with five more electric models expected by 2030.
(Source: Reuters)
🌍 The Road Ahead
The introduction of the XEV 9e underscores Mahindra's commitment to innovation and sustainability, offering consumers a compelling blend of performance, luxury, and eco-friendliness in the electric SUV segment. 🌱✨
🚗💡 Mahindra’s Electric SUV Strategy to Boost Market Share is a game-changer for the Indian automotive landscape! 🌟
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[ad_1] By Anjali Sharma NEW YORK – Maruti Suzuki India on Thursday recorded a 30 per cent jump in car sales to 1,78,248 units in December 2024 from 1,37,551 units in the same month last year as India’s car sales ended the year on a high note. Maruti Suzuki’s arch-rival Hyundai, SUV maker Mahindra & Mahindra and Kia Motors also reported a surge in sales as the market moved into top gear. It’s overall domestic sales, including that of light commercial vehicles and supplies to Toyota Kirloskar Motor, were at 1,32,523 units in December as against 1,06,492 units in the same month of the previous year, up 24.44 per cent, Maruti Suzuki India said in a regulatory filing on Wednesday. Total domestic passenger vehicle sales were at 1,30,117 units in December 2024 as compared to 1,04,778 units in the same month a year ago, up 24.18 per cent. Sales of mini cars Alto and S-Presso went up to 7,418 units during the month as compared to 2,557 units in the year-ago period. The sales of compact cars such as Baleno, Celerio, Dzire, Ignis, Swift and WagonR were up at 54,906 units from 45,741 units in December 2023. The company’s SUVs, including Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, and XL6 clocked sales of 55,651 units in December 2024, up from 45,957 units in the same month last year, the company said. MSI said its exports in December were higher at 37,419 units as compared to 26,884 units in the same month a year ago. The automaker Kia India on Wednesday reported a 6 per cent rise in total sales at 2,55,038 units in 2024 compared to the previous year, recording its highest-ever annual sales. The company had sold 2,40,919 units in 2023, Kia India said in a statement. Kia India Senior Vice-President and Head of Sales and Marketing Hardeep Singh Brar said, “As we move into 2025, we are excited about the upcoming launch of the Syros, which promises to redefine the Indian automotive landscape.” Hyundai Motor India Limited (HMIL) on Wednesday said it has registered the highest-ever yearly domestic sales of 6,05,433 units in 2024. The company achieved total sales of 7,64,119 units (including domestic and export) last year. In the month of December, HMIL reported total monthly sales of 55,078 units (domestic at 42,208 units and export at 12,870 units). According to Tarun Garg, full-time director and Chief Operating Officer, HMIL, the company managed to sustain sales momentum in 2024, despite strong headwinds faced by the industry at large. To achieve the highest-ever yearly domestic sales of 1,86,919 units, the Hyundai Creta model continued to strengthen the company’s position as an SUV leader. Garg noted “We are confident that the upcoming CRETA Electric will further expand the appeal of this Undisputed, Ultimate SUV”. Mahindra & Mahindra Ltd said its overall auto sales for the month of December stood at 69,768 vehicles, a growth of 16 per cent, including exports. In the sports utility vehicle (SUV) segment, Mahindra sold 41,424 units in the domestic market, a growth of 18 per cent and overall, 42,958 vehicles, including exports. The domestic sales for commercial vehicles stood at 19,502. The post Maruti Suzuki records 30% jump to cross 1.78 lakh units in India car sales appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link
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[ad_1] By Anjali Sharma NEW YORK – Maruti Suzuki India on Thursday recorded a 30 per cent jump in car sales to 1,78,248 units in December 2024 from 1,37,551 units in the same month last year as India’s car sales ended the year on a high note. Maruti Suzuki’s arch-rival Hyundai, SUV maker Mahindra & Mahindra and Kia Motors also reported a surge in sales as the market moved into top gear. It’s overall domestic sales, including that of light commercial vehicles and supplies to Toyota Kirloskar Motor, were at 1,32,523 units in December as against 1,06,492 units in the same month of the previous year, up 24.44 per cent, Maruti Suzuki India said in a regulatory filing on Wednesday. Total domestic passenger vehicle sales were at 1,30,117 units in December 2024 as compared to 1,04,778 units in the same month a year ago, up 24.18 per cent. Sales of mini cars Alto and S-Presso went up to 7,418 units during the month as compared to 2,557 units in the year-ago period. The sales of compact cars such as Baleno, Celerio, Dzire, Ignis, Swift and WagonR were up at 54,906 units from 45,741 units in December 2023. The company’s SUVs, including Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, and XL6 clocked sales of 55,651 units in December 2024, up from 45,957 units in the same month last year, the company said. MSI said its exports in December were higher at 37,419 units as compared to 26,884 units in the same month a year ago. The automaker Kia India on Wednesday reported a 6 per cent rise in total sales at 2,55,038 units in 2024 compared to the previous year, recording its highest-ever annual sales. The company had sold 2,40,919 units in 2023, Kia India said in a statement. Kia India Senior Vice-President and Head of Sales and Marketing Hardeep Singh Brar said, “As we move into 2025, we are excited about the upcoming launch of the Syros, which promises to redefine the Indian automotive landscape.” Hyundai Motor India Limited (HMIL) on Wednesday said it has registered the highest-ever yearly domestic sales of 6,05,433 units in 2024. The company achieved total sales of 7,64,119 units (including domestic and export) last year. In the month of December, HMIL reported total monthly sales of 55,078 units (domestic at 42,208 units and export at 12,870 units). According to Tarun Garg, full-time director and Chief Operating Officer, HMIL, the company managed to sustain sales momentum in 2024, despite strong headwinds faced by the industry at large. To achieve the highest-ever yearly domestic sales of 1,86,919 units, the Hyundai Creta model continued to strengthen the company’s position as an SUV leader. Garg noted “We are confident that the upcoming CRETA Electric will further expand the appeal of this Undisputed, Ultimate SUV”. Mahindra & Mahindra Ltd said its overall auto sales for the month of December stood at 69,768 vehicles, a growth of 16 per cent, including exports. In the sports utility vehicle (SUV) segment, Mahindra sold 41,424 units in the domestic market, a growth of 18 per cent and overall, 42,958 vehicles, including exports. The domestic sales for commercial vehicles stood at 19,502. The post Maruti Suzuki records 30% jump to cross 1.78 lakh units in India car sales appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link
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Mahindra Genuine Parts Exporter: Delivering Excellence Worldwide
Mahindra Genuine Parts Exporter is a prominent participant in the worldwide automobile industry, helping to guarantee quality and dependability. Authentic spare parts for Mahindra cars that satisfy the highest standards of performance and durability are what Smart Parts Exports, a well-known Mahindra parts exporter in India, is dedicated to supplying. Serving clients all around the world, our commitment to quality has established us as a reliable brand in the export industry.
Why Choose Mahindra Genuine Parts?
Mahindra is known for producing sturdy automobiles that can withstand a variety of environments and terrains. Whether it's commercial vehicles, SUVs, or tractors, Mahindra's reputation is based on dependability. It is essential to utilize genuine parts in order to preserve this reliability. Parts made by Mahindra, authentic:
Enhanced performance: Designed specifically for Mahindra vehicles, these parts deliver optimal functionality.
Durability: Made from high-quality materials, Mahindra parts last longer, reducing the need for frequent replacements.
Safety: Genuine parts minimize risks and maintain the vehicle’s integrity.
Warranty compliance: Using original parts ensures adherence to warranty terms.
At Smart Parts Exports, we specialize in catering to these requirements by being a leading Mahindra Genuine Parts Exporter, trusted by clients worldwide.
Our Role as a Mahindra Parts Exporter India
India, a nation renowned for its extensive manufacturing capabilities and automotive industry knowledge, is home to Smart Parts Exports. In order to provide genuine Mahindra parts to global markets, we take advantage of this advantage. The following distinguishes us as a leading Mahindra Parts Exporter India:
Extensive Inventory: We keep an extensive inventory of authentic Mahindra parts, including electrical accessories, suspension parts, brake systems, and engine parts. Our stock guarantees that our customers will have the parts they require without needless delays.
Global Reach: We export Mahindra parts to numerous nations in Africa, the Middle East, Southeast Asia, and beyond thanks to an established logistical network. We guarantee prompt and secure delivery regardless of your location.
Competitive Pricing: Leading Mahindra Genuine Parts Exporter, we provide affordable prices without sacrificing quality. Our clients receive value for their money thanks to our clear pricing system.
Expert Support: Our team of professionals is always here to help. We guarantee a flawless experience for our customers, from finding the appropriate part for your car to offering after-sales assistance.
Commitment to Quality: All of the parts we provide are completely genuine and satisfy Mahindra's exacting standards for quality. Our standing as a dependable Mahindra Parts Exporter India is strengthened by this dedication.
The Export Process
At Smart Parts Exports, we follow a streamlined process to ensure efficient service delivery:
Inquiry and Consultation: Clients reach out with their requirements, and our team provides detailed consultation to identify the exact parts needed.
Quotation and Confirmation: We provide a competitive quotation, and once confirmed, we initiate the process.
Packaging and Dispatch: All parts are carefully packed to avoid damage during transit. Our logistics partners ensure swift and safe delivery.
After-Sales Support: Post-delivery, we remain available to address any concerns or queries, ensuring complete customer satisfaction.
Why Smart Parts Exports?
Smart components Exports is a reputable company that exports Mahindra components and blends industry knowledge with customer-focused support. Being a top Mahindra Genuine Parts Exporter and Mahindra Parts Exporter India, we have a great reputation because to our dedication to quality and dependability. We work to ensure that genuine parts are available everywhere because we recognize how crucial they are to preserving the longevity and performance of automobiles.
Conclusion
Smart Parts Exports is the best place for companies and car owners searching for a trustworthy supplier of Mahindra parts. We take pleasure in providing quality, value, and outstanding service as a reputable Mahindra Genuine Parts Exporter and Mahindra Parts Exporter India. Get in touch with us right now to find genuine Mahindra parts and enjoy unmatched dependability for your automobiles.
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New Curvv-rival from Maruti Teased — Debuts at Bharat Mobility Global Expo 2025!
Maruti Suzuki’s new teased SUV will compete directly with the likes of Tata Curvv EV, Hyundai Creta EV, MG ZS EV, and the Mahindra BE.6e.
Maruti Suzuki has officially unveiled the teaser for its first-ever electric vehicle, the eVitara, marking a significant milestone in the brand’s journey toward sustainable mobility. This electric SUV, first showcased in Milan, Italy, is now poised to make its Indian debut at the Bharat Mobility Global Expo 2025, scheduled to be held between January 17th – 22nd.
A New Era in EV Design and Technology
Built on the Heartect-e born electric skateboard architecture, the Maruti Suzuki eVitara introduces a fresh design philosophy. The SUV features sleek, smooth-flowing lines complemented by elegant creases, balancing sportiness with sophistication. The teaser image reveals Y-shaped LED DRLs, a signature Suzuki badge at the center, and a bold yet refined exterior profile.
This electric SUV will be manufactured at Suzuki Motor Corporation’s facility in Gujarat, which will also produce a Toyota counterpart. The eVitara is set to redefine the midsize electric SUV segment, competing with the Tata Curvv, Mahindra BE 6, and the upcoming Hyundai Creta EV, which will also debut at the same expo.
Performance and Battery Options
Maruti Suzuki eVitara will be available in two battery configurations – 49 kWh and 61 kWh, using LFP batteries supplied by BYD’s subsidiary, FinDreams. These advanced blade cells are renowned for their safety and reliability.
49 kWh (2WD model):
Power: 142 bhp
Torque: 189 Nm
Range: Approximately 400 km
61 kWh (2WD model):
Power: 172 bhp
Torque: 189 Nm
Range: Over 500 km
61 kWh (4WD model – AllGRIP-e):
Dual-motor setup
Power: 181 bhp
Torque: 300 Nm
Range: Around 550 km
The 4WD variant includes advanced features like Trail mode and an LSD function, ensuring superior performance on both on-road and off-road terrains.
Comprehensive EV Ecosystem
Partho Banerjee, Senior Executive Officer, Marketing & Sales at Maruti Suzuki India Limited, highlighted the company’s vision: “The e VITARA is a testament of our unwavering commitment to sustainable mobility and technological innovation. With decades of automotive expertise, we have combined advanced electric technology with a customer-first approach to deliver something truly transformative. At Maruti Suzuki, we have always believed that to promote EV adoption, we need to create a holistic ecosystem that simplifies customers’ battery electric vehicle ownership journey..”
He further added, “A critical barrier to the adoption of EVs is the lack of accessible charging. To tackle this issue, we are committed to introduce a reliable and comprehensive EV ecosystem alongside the e VITARA. This will include home charging solutions as well as a nationwide network of fast chargers available at Maruti Suzuki dealerships and service touchpoints. Our goal is to make EVs accessible, convenient, and appealing to a broader set of customers, and this is exactly what we have set out to achieve with the e VITARA”
Global and Domestic Ambitions
While the eVitara is tailored for the Indian market, it will also be introduced globally in regions like the European Union and Japan. In India, the SUV will be retailed through Nexa dealerships, offering exclusive color options and cosmetic variations to differentiate it from its European counterpart.
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Global Used Car Market: Comprehensive Market Insights
Global Used Car Market: Comprehensive Market Insights
The global used car market represents a dynamic and rapidly expanding segment of the automotive industry. According to Straits Research, the market was valued at USD 1747.95 billion in 2024 and is expected to grow dramatically, reaching USD 4338.97 billion by 2033 with a robust CAGR of 10.63% during the forecast period. A used car is defined as a previously driven vehicle that remains functional and is intended for resale, offering an affordable alternative to new car purchases.
Download Free Sample Report: https://straitsresearch.com/report/used-car-market/request-sample
Market Categorization
Vehicle Type Segmentation
Hatchback
Sedan
SUV
Fuel Type Breakdown
Petrol: Dominates the market due to lower maintenance costs and better initial acceleration
Diesel
Others (Electric, Hybrid)
Distribution Channels
Franchised Dealers
Independent Dealers
Private Sales
Online Platforms
Offline Marketplaces
Market Segmentation: https://straitsresearch.com/report/used-car-market/segmentation
Geographic Market Overview
Regional Market Trends
RegionDominant CountriesKey CharacteristicsNorth AmericaUnited States, CanadaHigh adoption of online used car platformsAsia-PacificIndia, China, JapanGrowing millennial preference for affordable vehiclesEuropeGermany, UK, FranceStrong emphasis on certified pre-owned vehiclesMiddle East & AfricaUAE, South AfricaEmerging market with increasing used car demand
Top Market Players
Asbury Automotive Group Inc
Autonation Inc.
Big Boy Toyz Ltd.
Carmax Business Services LLC
Cars24 Services Private Limited
Group1 Automotive Inc.
Hendrick Automotive Group
Lithia Motors Inc.
Mahindra First Choice Wheels Ltd
Truecar Inc.
Key Operational Factors Driving Market Growth
Consumer Dynamics
Millennial Preference: Younger generations are more inclined to purchase pre-owned vehicles to reduce expenses
Economic Constraints: Rising new car prices push consumers towards used car markets
Technological Advancements: Online platforms making used car transactions more transparent and convenient
Market Influencers
COVID-19 Impact: Pandemic disrupted new car supply chains, increasing used car demand
Remote Work Trends: Changing lifestyle patterns affecting vehicle purchasing decisions
Affordable Mobility: Used cars providing cost-effective transportation solutions
Buy Full Report: https://straitsresearch.com/buy-now/used-car-market
About Straits Research
Comprehensive Insights
Detailed Market Segmentation
Global and Regional Analysis
Extensive Competitive Landscape
Future Growth Projections
Technological and Consumer Trend Evaluation
The used car market continues to demonstrate remarkable resilience and growth potential, driven by economic factors, changing consumer preferences, and technological innovations. As affordability and flexibility become increasingly important, the market is poised for significant expansion in the coming years.
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Mahindra Cars Price in Kenya: Affordable and Reliable Options for Every Driver
If you're in the market for a reliable, durable, and affordable vehicle in Kenya, Mahindra cars offer an excellent range of options to suit different needs and budgets. Known for their strong performance and value for money, Mahindra vehicles have become a popular choice for Kenyan drivers, whether you're looking for a rugged SUV, a practical pick-up truck, or an efficient compact car.
Mahindra SUV Options
Mahindra SUVs are built for adventure and comfort, with features that make them perfect for both city driving and off-road expeditions. Models like the Mahindra XUV300 and Mahindra XUV500 offer a perfect blend of modern features, stylish designs, and great fuel efficiency. Prices for these SUVs in Kenya typically range from KSh 1.5 million to KSh 3.5 million, depending on the model and specifications.
Mahindra Pickup Trucks
For those who need a powerful workhorse for heavy-duty tasks, the Mahindra Pik Up is an excellent choice. This rugged pickup truck is perfect for transporting goods, carrying heavy loads, or navigating rough terrain. The price for the Mahindra Pik Up in Kenya generally starts from KSh 1.2 million and can go up to KSh 2 million, offering a cost-effective solution for businesses and individuals alike.
Mahindra Hatchbacks and Sedans
For those seeking an affordable, compact car for daily use, Mahindra's hatchback and sedan models like the Mahindra KUV100 and Mahindra Verito provide great fuel efficiency, comfortable interiors, and advanced features at an affordable price point. Expect prices for these models to start from around KSh 1 million.
Why Choose Mahindra in Kenya?
Mahindra cars are known for their robust build quality and excellent after-sales service, which makes them a popular choice for drivers across Kenya. The cars are designed to handle the tough Kenyan roads, offering both performance and longevity. Additionally, Mahindra vehicles come with competitive pricing, making them a great option for people looking to buy new or pre-owned cars without breaking the bank.
Whether you’re looking for an SUV for family trips, a pickup for work, or a compact car for everyday use, Mahindra offers a variety of cars at competitive prices in Kenya. Check with your local Mahindra dealers for the latest prices, promotions, and financing options.
Invest in a Mahindra today and experience the perfect combination of durability, affordability, and performance!
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Exploring Nifty Auto Sector Stocks: A Closer Look at Key Players and Market Trends
The Indian stock market has long been a haven for investors seeking to diversify their portfolios, and one of the sectors that have drawn considerable attention is the auto industry. Within the Nifty 50, the Nifty Auto Index represents a crucial segment of the market, offering a glimpse into the performance of India’s leading automobile companies. As the Indian economy continues to evolve, the auto sector is poised to be a significant player, driven by consumer demand, innovation, and government policies aimed at promoting sustainable mobility.
In this blog post, we will explore the key players in the Nifty Auto Index, current market trends, and future growth prospects for this dynamic sector.
What is the Nifty Auto Index?
The Nifty Auto Index is a benchmark index that tracks the performance of 15 prominent companies within the Indian automobile sector. These companies represent various segments, including passenger vehicles, commercial vehicles, two-wheelers, and auto ancillaries. By tracking the performance of these key players, the Nifty Auto Index provides a snapshot of the broader automotive industry in India.
Top Nifty Auto Stocks to Watch
Let’s take a closer look at some of the key stocks that make up the Nifty Auto Index and why investors should keep an eye on them:
Maruti Suzuki India Ltd. (MARUTI)
Sector: Passenger Vehicles
Market Capitalization: One of the largest in the Indian auto sector, Maruti Suzuki is a household name in India. Known for its affordable and reliable vehicles, Maruti’s market dominance in the compact and sub-compact car segments gives it a solid foothold in the industry. The company continues to innovate with new models and expand its footprint in the electric vehicle (EV) market, positioning itself well for the future.
Mahindra & Mahindra Ltd. (M&M)
Sector: Commercial and Passenger Vehicles
Market Capitalization: A major player in the SUV and utility vehicle market, Mahindra & Mahindra has expanded its presence beyond traditional vehicles into electric mobility. The company is also a leader in the commercial vehicle segment, with robust sales of small and medium trucks and tractors in rural India. Its focus on EVs and clean energy solutions bodes well for long-term growth.
Tata Motors Ltd. (TATAMOTORS)
Sector: Commercial and Passenger Vehicles
Market Capitalization: Tata Motors has seen a significant transformation in recent years, with a renewed focus on electric vehicles. Its subsidiary, Jaguar Land Rover, contributes a large portion of the company’s global revenue. Domestically, Tata Motors is known for its affordable electric vehicles, such as the Nexon EV, which has gained significant market share in India’s growing EV segment.
Hero MotoCorp Ltd. (HEROMOTOCO)
Sector: Two-Wheelers
Market Capitalization: As one of the world’s largest manufacturers of motorcycles and scooters, Hero MotoCorp has been a dominant player in the two-wheeler segment for years. The company continues to innovate with new models and is increasingly focusing on electric two-wheelers to cater to a growing segment of eco-conscious consumers.
Eicher Motors Ltd. (EICHERMOT)
Sector: Commercial Vehicles and Two-Wheelers
Market Capitalization: Eicher Motors, the parent company of Royal Enfield, has carved a niche in the premium motorcycle segment. Royal Enfield’s iconic motorcycles continue to attract a loyal following both in India and internationally. Additionally, Eicher’s commercial vehicle business, which manufactures heavy trucks and buses, remains an integral part of the company’s diversified portfolio.
Bajaj Auto Ltd. (BAJAJ-AUTO)
Sector: Two-Wheelers and Three-Wheelers
Market Capitalization: Bajaj Auto is a key player in the two-wheeler market, known for its motorcycles and scooters. The company has also made significant strides in the electric mobility space with its electric scooter, the Chetak. Bajaj Auto’s strong presence in international markets, along with its growing portfolio of electric vehicles, positions it well for future growth.
Ashok Leyland Ltd. (ASHOKLEY)
Sector: Commercial Vehicles
Market Capitalization: A leader in the commercial vehicle segment, Ashok Leyland is one of the top manufacturers of trucks, buses, and defense vehicles. The company is focusing on introducing alternative fuel-powered vehicles, such as CNG and electric buses, as part of its sustainable mobility strategy.
Key Trends Shaping the Nifty Auto Sector
Electric Vehicles (EVs): One of the most significant trends driving growth in the Indian auto sector is the push toward electric vehicles. As environmental concerns grow and government policies favor EV adoption (such as subsidies and tax incentives), more automakers are investing heavily in EV technology. This trend is expected to accelerate in the coming years, with companies like Tata Motors, Mahindra, and Hero MotoCorp leading the charge.
Sustainability and Clean Energy: With an increasing focus on sustainability, automakers are investing in cleaner technologies, including hybrid and hydrogen-powered vehicles. This trend aligns with global efforts to reduce carbon emissions and India’s commitment to meeting its climate goals. The automotive industry is expected to play a key role in achieving a more sustainable future.
Rural Market Penetration: The Indian rural market continues to present significant growth opportunities for automobile manufacturers. With an expanding middle class and improving infrastructure in rural areas, companies like Maruti Suzuki, Tata Motors, and Mahindra & Mahindra are well-positioned to tap into this underserved market.
Digitalization and Connectivity: The auto industry is increasingly adopting digital technologies to enhance the consumer experience. From online vehicle sales to advanced infotainment systems and connected car features, the push for digitalization and connectivity is transforming how consumers interact with vehicles and how manufacturers design and sell them.
Global Expansion: Many Indian automakers are seeking to expand their presence globally. Companies like Tata Motors, Bajaj Auto, and Eicher Motors have been successful in exporting vehicles to international markets. As India’s auto industry gains global recognition, we can expect even greater expansion opportunities in the future.
Investment Outlook for Nifty Auto Stocks
The Nifty Auto Index has shown resilience over the years, with many of its constituent stocks consistently delivering strong performance. As India’s auto industry continues to adapt to emerging trends, such as electric mobility and sustainable solutions, the sector is poised for significant growth. Investors looking for long-term opportunities should consider keeping an eye on stocks that are well-positioned in these areas.
Conclusion
The Nifty Auto sector represents a diverse and dynamic segment of the Indian stock market, with a wide range of companies catering to different segments of the automobile industry. As the sector adapts to global trends, including electric vehicles, sustainability, and digitalization, there are substantial growth opportunities for both established players and new entrants. By carefully evaluating the key stocks in the Nifty Auto Index, investors can gain exposure to a promising and evolving sector that is set to play a pivotal role in India's economic future.
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Mahindra & Mahindra Reports Impressive Sales Growth in October 2024, Driven by Strong SUV and Tractor Demand
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Mahindra Auto records highest ever SUV sales in Oct, overall auto growth up 20 pc
Leading domestic automobile manufacturer Mahindra & Mahindra Ltd on Friday said that its overall auto sales for the month of September stood at 96,648 vehicles, including exports, which is a 20 per cent year-on-year growth.
Source: bhaskarlive.in
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How to Buy Genuine Mahindra Spare Parts at Affordable Prices
When it comes to maintaining your Mahindra vehicle, using genuine spare parts is crucial. Whether you own a Mahindra truck, Scorpio, Bolero, or XUV, the quality of spare parts directly impacts the performance, safety, and longevity of your vehicle. However, many vehicle owners struggle with finding affordable yet genuine Mahindra spare parts. In this article, we will guide you on how to buy authentic Mahindra parts at the best prices, covering key components for Mahindra Truck Parts, Mahindra Scorpio Parts, Mahindra Bolero Parts, and Mahindra XUV Spare Parts.
1. Why Choose Genuine Mahindra Spare Parts?
Genuine Mahindra spare parts are specifically designed for your vehicle and meet the manufacturer's quality standards. Using non-genuine parts may compromise your vehicle’s safety and performance. Here are some key reasons to invest in original parts:
Longevity: Genuine parts are built to last longer than aftermarket alternatives.
Perfect Fit: Original Mahindra parts ensure a proper fit, reducing the risk of malfunction or damage.
Warranty: Genuine parts often come with a warranty, giving you peace of mind.
Performance: These parts are tested for optimal performance, ensuring your vehicle runs smoothly.
2. Finding Affordable Mahindra Truck Parts
Mahindra trucks are known for their durability and strength, making them a popular choice for commercial use. Regular maintenance with genuine Mahindra Truck Parts is essential for ensuring long-term efficiency.
Tip: Search for authorized Mahindra dealers online who offer discounts or promotions on truck parts. Also, check bulk buying options to get better rates if you need multiple parts.
3. Affordable Mahindra Scorpio Parts: Keeping Your SUV in Top Condition
The Mahindra Scorpio is a well-loved SUV known for its powerful performance and rugged design. To keep your Scorpio in top condition, you need to ensure that only genuine Mahindra Scorpio Parts are used for repairs and replacements.
Tip: Look for online platforms that specialize in Mahindra spare parts and compare prices before purchasing. Some websites, like bpautosparesindia.com, offer competitive pricing on Scorpio parts with authenticity guaranteed.
4. How to Buy Genuine Mahindra Bolero Parts on a Budget
The Mahindra Bolero is a workhorse SUV, popular in both urban and rural areas. Genuine Mahindra Bolero Parts are crucial to maintaining its resilience and reliability. However, sourcing authentic parts without breaking the bank can be challenging.
Tip: Consider buying from reputed spare part suppliers who offer seasonal sales. Also, don’t shy away from negotiating with local dealers for better prices on genuine parts.
Read also: Checklist to Buy the Best Mahindra Spare Parts Online!
5. Getting the Best Deals on Mahindra XUV Spare Parts
The Mahindra XUV series, known for its advanced features and premium build, requires regular maintenance with authentic parts to preserve its quality. Whether it's brake pads, filters, or engine components, genuine Mahindra XUV Spare Parts ensure that your SUV remains in peak condition.
Tip: Join online forums and social media groups dedicated to Mahindra XUV owners. Many users share insights on where to get the best deals for spare parts. Additionally, explore e-commerce websites that offer discounts on Mahindra XUV parts.
6. How to Verify the Authenticity of Mahindra Spare Parts
One of the biggest challenges vehicle owners face is ensuring that the parts they purchase are genuine. Here are a few ways to verify authenticity:
Check Packaging: Genuine Mahindra parts come with official branding, including the company’s logo, holograms, and part numbers.
Dealer Verification: Always buy from authorized Mahindra dealers or reputed online platforms like bpautosparesindia.com.
Serial Numbers: Each genuine spare part has a unique serial number. Check this number on the Mahindra website or with the dealer to confirm authenticity.
Warranty: Ensure the part comes with an official Mahindra warranty, as fake parts usually don’t offer this.
7. Where to Buy Mahindra Spare Parts at Affordable Prices?
Here are some tips to find the best deals:
Compare Prices: Before making a purchase, compare prices from different sources, including local dealers, online retailers, and authorized distributors.
Shop Online: E-commerce platforms often offer better prices than physical stores, thanks to lower overhead costs. Websites like bpautosparesindia.com provide competitive pricing and a wide range of genuine Mahindra spare parts.
Look for Discounts: Keep an eye out for seasonal discounts, festive sales, or clearance sales, which can help you save on authentic spare parts.
Buy in Bulk: If you own multiple Mahindra vehicles, buying spare parts in bulk from a trusted supplier can reduce overall costs.
Conclusion Maintaining your Mahindra vehicle with genuine spare parts is essential for its longevity and performance. Whether you're looking for Mahindra Truck Parts, Mahindra Scorpio Parts, Mahindra Bolero Parts, or Mahindra XUV Spare Parts, the key is to purchase from reliable sources at affordable prices. By following the tips outlined above and sourcing parts from trusted platforms like bpautosparesindia.com, you can ensure that your vehicle gets the best care without overspending.
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