Ducati Hypermotard 698 Mono to Launch Soon in India

Ducati is all set to launch Hypermotard 698 Mono in India and has already started teasing it on social media platforms. Equipped with the astounding 659 cc Superquadro Mono engine, it outputs 76 horses. Being launched with an ex-showroom price of around ₹10 lakh, the release date is yet to be decided.

Tata Motors Limited has announced its sales figures for the first quarter of FY 2024-25, totaling 229,891 vehicles across domestic and international markets. This marks a slight increase from 226,245 units sold in the same period last year.

Sales Breakdown:

Domestic Sales Highlights:

In the domestic market, Tata Motors sold 225,719 vehicles during Q1 FY25, compared to 222,345 units in Q1 FY24, reflecting a 2% growth.

Passenger Vehicles (PV):

Tata Motors Limited has released its sales figures for the first quarter of the financial year 2024-25, revealing that the company sold a total of 138,682 passenger vehicles globally. This represents a marginal decline of 1% compared to the same period last year.

In Q1 FY25, Tata Motors sold a total of 16,579 Electric Vehicles (EVs) globally, marking a 14% decline from the previous year. This reduction is attributed to changes in government subsidies and broader market conditions, including significant fleet sales in Q4 FY24 due to the expiration of the FAME II subsidy in March 2024. Despite the slight growth in the personal segment, the fleet segment witnessed a notable decline, with expectations for a recovery in subsequent quarters as market conditions stabilize and demand strengthens.

Executive Insights:

Mr. Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd., commented on the performance, noting a fluctuating demand influenced by seasonal factors and political events. He expressed confidence in a recovery, driven by strong consumer interest and upcoming festive season sales.

Future Prospects:

Looking forward, Tata Motors anticipates a rebound in passenger vehicle sales, buoyed by a robust pipeline of customer inquiries and the onset of the festive season from August onwards. The company remains committed to leveraging this growth opportunity with strategic product launches and market initiatives.

Hero MotoCorp has launched 'The Centennial' motorcycle honoring founder Dr. Brijmohan Lall Munjal. Limited to 100 units, it blends craftsmanship and technology, with auction proceeds to support charity. Deliveries are to begin in September 2024. Customers can participate in the 'My Hero, My Story' campaign to win. Features include carbon fiber panels, titanium exhaust, and exclusive design elements.

Triumph India begins bookings for the Daytona 660 at Rs 25,000. The bike features a 660cc inline three-cylinder engine producing 95bhp and 69Nm of torque, designed for city convenience. It includes a Showa suspension, twin front discs, and 17-inch alloy wheels with Michelin tyres. Features comprise all-LED lighting, a digital dashboard with Bluetooth, and three ride modes. The expected price is around Rs 10 lakh*, competing primarily with the Kawasaki Ninja 650.

Maserati has introduced a special edition of its GranCabrio Folgore model, inspired by Tignanello wine to mark its 50th anniversary. Tignanello, renowned for its innovative winemaking techniques, serves as the inspiration for this bespoke creation.

In collaboration with Marchesi Antinori, a distinguished Italian winemaking family with over 600 years of heritage, Maserati has crafted a one-of-a-kind GranCabrio Folgore. This custom model will be auctioned at the Festival Napa Valley’s Arts for All Gala in California.

The GranCabrio Folgore Tignanello blends tradition with modernity, featuring a custom Terra di Tignanello paint that echoes the vineyard's soil tones and Tignanello's iconic red shades. Its interior boasts innovative materials like Vegea fabric derived from vineyards, alongside traditional elements like dark briar wood. Money from the auction will go to support the charitable causes, adding a generous touch to this exclusive automotive and cultural event.

As Maserati’s first 100% electric convertible, the GranCabrio Folgore promises exceptional performance and comfort, setting new standards in the luxury electric vehicle segment. Tignanello, a pioneer in Italian winemaking, remains a symbol of innovation and excellence, much like Maserati in the automotive world.

This collaboration between Maserati and Marchesi Antinori showcases the pinnacle of bespoke craftsmanship, uniting Italian excellence in automotive engineering and winemaking tradition. The GranCabrio Folgore Tignanello stands as a testament to innovation, luxury, and the enduring spirit of Italian craftsmanship.

Hyundai Motor India Limited (HMIL) has announced strong sales figures for June 2024, totaling 64,803 units. This includes 50,103 units sold domestically and 14,700 units exported overseas.

HMIL's performance in the first half of 2024 has been notable, with total sales reaching 3,85,772 units. This marks a significant growth of 5.68% compared to the same period last year.

SUVs have emerged as the top performers in HMIL's domestic market, constituting 66% of total sales in the first half of 2024. The Hyundai CRETA, in particular, played a pivotal role, achieving sales of 91,348 units, reflecting an 11% increase from last year.

Mr. Tarun Garg, COO of Hyundai Motor India Limited, expressed satisfaction with the company's performance, stating, "We are pleased to report a 5.68% Year-on-Year growth in sales for the first half of CY2024. The success of our SUV lineup, especially the Hyundai CRETA, has been instrumental in driving our domestic sales."

Sales Comparison

HMIL continues to strengthen its position in the Indian market, leveraging strong domestic and export performance to drive growth in the automotive sector.

Piaggio introduces the limited-edition Vespa 946 Dragon in India, priced at ₹14,27,999 (ex-showroom). This collector's edition scooter, celebrating the Lunar New Year, is available as Completely Built Units. Bookings are open at Piaggio's Motoplex showrooms nationwide, with each purchase including a special Vespa Dragon Varsity Jacket.