BMW Group revealed their global sales figures for April 2013 earlier today, which shows that these are their best ever April sales. Apart from this, BMW announced a variety of upgrades which are ready to be introduced into markets of Europe from summer 2013. One of the important upgrade is the implementation of Euro 6 emission norms across their model range.
April 2013 marked the sixth consecutive month of declining auto sales in India. This is the longest stretch of decline in the history of Indian auto industry, whose sales records are maintained by SIAM- Society of Indian Automobile Manufacturers, since 1997/98.
General Motors have declared their Q1 2013 results. Net income stood at $0.9 billion while pretax profits stand at $1.8 billion and all these figures are marginally lower than what the company experienced during Q1 2012 when they posted a $1 billion net income and revenue to the tune of $37.8 billion besides pretax profits of $2.2 billion.
India’s largest car manufacturer, Maruti Suzuki India, revealed their sales figures for the month of April 2013 earlier today. Compared to April 2012, MSIL registered a 0.3% decline in domestic sales, and a 33.1% decline in exports.
BMW sales for the first three months of 2013 stand at 1,410 units. In comparison to last year’s figures of 2,369 units, this is a decline of 40.5%, registered by the former No1 luxury car maker in India.
SsangYong Motor Company, the South Korean brand owned by India’s number one SUV makers, Mahindra & Mahindra, has announced their results for Q1 2013. The company declared net loss in operating profit, though sharply lowered over last year’s results. At the same time, the company also announced increase in sales.
Earlier today, India’s largest car manufacturer, Maruti Suzuki India Ltd. revealed their financial results for the last quarter of Financial Year ending 31st March, 2013. The company posted higher than expected profit, which shot their share prices to a 52 week high.
KTM, the Austrian motorcycle manufacturer, has revealed their sales report for Q1 2013. A total of 26,029 bikes were sold globally, which is a good 34.1% better than last year. Apart from this, their partner in India, Bajaj helped them too, by selling 1,400 units of Duke 200 in the same period.