From the increased sales of Tesla cars to Hero's rise in the Indian market, Auto News Roundup
Auto News Roundup: American automotive company Tesla said on Sunday that the company has achieved an increase in the number of vehicle sales this quarter. On the other hand, 5 new luxury cars are going to be launched soon in the country.
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Tesla reduced the prices of cars and increased sales
American automotive company Tesla said on Sunday that the company has achieved an increase in the number of vehicle sales this quarter. Speaking to news agency Reuters, the company said it delivered 422,875 vehicles in the first three months, up 4 percent from the previous quarter. The company has achieved this marginal increase after reducing the prices of its cars. This figure is 36 percent more than a year ago. Tesla delivered 6 percent more of its mainstay Model 3 (sedan) and Model Y (SUV) vehicles in the first three months of this year compared to the previous quarter.
Honda officially discontinued these 3 cars
Honda has officially discontinued its fourth generation Honda City, WR-V and Jazz. However, the company is still selling the 5th generation of these vehicles, which includes the City, City Hybrid and the Amaze.
Maruti Suzuki is troubled by the fear of shortage of electronic components
Supply of electronic components remains a major problem for automakers. Due to this the waiting period of the vehicles is also increasing. Recently, the country's largest vehicle manufacturer Maruti Suzuki said that the company is concerned about the supply of electronic components for the manufacture of new cars in the financial year
These premium cars are being launched in the country this year
The car market in India is continuously growing. Companies keep launching their new models every day. 5 new luxury cars are going to be launched soon in the country. These products are expected to be introduced by the end of the year.