Hero MotoCorp pips Honda to become the biggest 125cc motorcycle maker in India. The Glamour in particular is the one model which has been doing really well for Hero. It has been the highest selling 125cc motorcycle for the past 3 months.
With the Indian automobile industry predicted to report a growth of around 8 per cent at the end of FY2015, the next fiscal,starting April 1, has been forecast to enjoy a 12 per cent growth.
After seeing a fruitful 2015 pull in record sales figures, German giant BMW is on track to continue with its resurgence. The company has reported a 7.5 per cent increase in sales in the month of January as compared to the same month last year.
Automobili Lamborghini has posted record profits for the 5th consecutive year in 2015. 2014 saw the company sell 2,530 units worldwide, a figure which rose to 3,245 last year marking a 28 per cent increase.
Passenger car sales in the country went up by 12.87 per cent in December, 2015 as compared to the year before. However two-wheeler sales dropped by 3.10 per cent.
For the first time in its 89-year history, Volvo Cars has achieved the momentous milestone of having crossed the half a million mark in terms of number of vehicles sold in a single year.
