Tuesday, Oct 24 2017 | Time 05:41 Hrs(IST)
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AUTOWORLD Share

Sonalika ITL reports 26.9 pc growth in Feb

Sonalika ITL reports 26.9 pc growth in Feb

New Delhi, Mar 9 (UNI) Tractor brand Sonalika International Tractors Ltd reported a growth of 26.9 per cent in its total sales at 5549 units in February, 2017 against 4372 units in the same month last year. The export division of the company has achieved an outstanding growth of 153 per cent by achieving a figure of 1060 units sold, compared to 418 units in February 2016. Raman Mittal, Executive Director, Sonalika ITL said, “We are truly delighted with a growth figure of 26.9 per cent. Company have registered highest market share of 13 per cent and this all because of our continued commitment to providing the best our products to the farmers that is most suited to their needs.” “Our brand initiatives, market strategies and after sale services have helped us to maintain our growth trajectory. Our month on month growth is a testimony to our continued efforts in providing the best available experience to our customers through products and services with a complete high-end technical solution,” he added. Placing India on the world map Sonalika ITL is marketing its products in over 80 countries, including 25 European countries with product range from 20HP to 120HP, which are manufactured in India. The company has established, one of the world’s largest integrated tractor manufacturing plant equipped with world-class technologies at Hoshiarpur, Punjab. The new plant will provide a complete agricultural solution to cater to the needs of the global and domestic markets, matching international standards in quality. UNI ASH RJ 1354

Maruti’s

Maruti’s new Dzire crosses 1 lakh sales mark in 5 and half month

Mumbai, Oct 17(UNI)Auto Major,Maruti Suzuki’s all-new Dzire has achieved the fastest 1-lakh sales mark, a distinctive feat in the Indian automobile industry.

Ford's

Ford's China sales stuck in first gear as rivals overtake

BEIJING, Oct 13 (Reuters) Ford Motor Co saw its China vehicle sales make the barest of increases in September, extending a tough run in the world's largest auto market even as global rivals have logged robust gains.

Toyota

Toyota seeking to halve Japan car models as domestic market shrinks

TOKYO, Oct 12 (Reuters) Toyota Motor Corp is aiming to halve the number of car models it sells at home by 2025, a person briefed on the matter said - the second time this month that a Japanese automaker has emerged with plans to sharply scale back in a shrinking domestic market.

Volvo

Volvo launches 1st locally-assembled 'XC90' from its plant in Bengaluru

Mumbai, Oct 11 (UNI) Volvo Cars, the Swedish luxury car maker, has rolled out its first assembled car from its plant in Bengaluru.

Volkswagen

Volkswagen launches all New Passat starting at Rs 29.99 lakhs

New Delhi, Oct 10 (UNI) Volkswagen, Europe’s leading car manufacturer, today announces the launch of the much awaited luxury sedan Volkswagen Passat at a starting price of Rs 29.

Passenger

Passenger vehicle sales up by 11pc in domestic market in Sept 2017

New Delhi, Oct 9 (UNI) The Domestic passenger vehicle sales growth has been recorded up by 11 per cent to 3,09,955 units in September from 2,78,428 in the same month last year.

Honda faces long haul to recoup jet costs

Honda faces long haul to recoup jet costs

TOKYO, Mar 27 (Reuters) After three decades building an airplane from scratch, Michimasa Fujino, 56, chief engineer of the Hondajet, might have to reach a ripe old age to see Honda Motor Co's pet aviation project recoup its development costs.

Escorts unveils country’s first electric tractor concept, Launches Hydrostatic tractor

Escorts unveils country’s first electric tractor concept, Launches Hydrostatic tractor

New Delhi, Sep 6 (UNI) Escorts Ltd, India’s leading engineering conglomerate today launched India’s first Electric & Hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22HP to 90 HP range under flagship brands Farmtrac and Powertrac compliant with tier 4 emission norms of Europe and America amidst 43 International distributors.

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