Car sales

Major auto cos log robust sales in March on pent up demand, shift towards personal mobility

Major auto cos log robust sales in March on pent up demand, shift towards personal mobility

Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month as compared to the year-ago peri...Read More

PV sales in India at ten-year low, industry working hard to regain volumes: SIAM

PV sales in India at ten-year low, industry working hard to regain volumes: SIAM

While releasing the wholesale numbers for December and the third quarter (October-December) of the current fiscal, the industry body said...Read More

Year-end discounts, pent up demand accelerate December's auto sales

Year-end discounts, pent up demand accelerate December's auto sales

Besides, analysts cited factors such as low interest rates, preference for personal mobility over public transport due to the pandemic as...Read More

Low base, festive cheer lifts Sept domestic passenger vehicles' sales by over 26%

Low base, festive cheer lifts Sept domestic passenger vehicles' sales by over 26%

According to industry data released on Friday, a total of 2,72,027 passenger vehicles were sold in the domestic market, representing a ri...Read More

Cos' auto sales recovery 'tactical' due to pent-up demand, not sustainable: MG Motor India

Cos' auto sales recovery 'tactical' due to pent-up demand, not sustainable: MG Motor India

Following the reopening of the economy after lockdown, auto sales have gradually picked up month on month since June and gained further m...Read More

Teji Mandi: Three things investors should know on August 11th, 2020

Teji Mandi: Three things investors should know on August 11th, 2020

#Mandi- Equity mutual funds receive negative inflow in July:Equity mutual funds witnessed net outflows of Rs 2,480 crore in July for the ...Read More

Huge job losses imminent if demand remains weak: ACMA

Huge job losses imminent if demand remains weak: ACMA

With muted demand and excess capacities already in place, the auto component makers would have to cut down on their workforce in order to...Read More

Mahindra counts loss of 87k vehicles, 30k tractors in Q1

Mahindra counts loss of 87k vehicles, 30k tractors in Q1

The company, which had suspended its entire operations on March 25, estimates loss of 23,400 vehicles and 14,700 tractors in March itself.

Auto sector's domestic sales still at historic lows, exports down

Auto sector's domestic sales still at historic lows, exports down

The pandemic has not only devastated domestic retail sales but has now put a major proportion of jobs dependent on the sector in jeopardy.

Maruti Suzuki Q4 net profit skids by 28% at Rs 1,292 crore

Maruti Suzuki Q4 net profit skids by 28% at Rs 1,292 crore

This was due to lower sales volume and higher sales promotion expenses which were partially offset by lower operating expenses, cost redu...Read More

Lockdown-hit automakers score nil domestic sales in April for 1st time

Lockdown-hit automakers score nil domestic sales in April for 1st time

Maruti Suzuki India, Hyundai Motor India Ltd (HMIL), Mahindra & Mahindra (M&M), Toyota Kirloskar Motor (TKM) and MG Motor India reported ...Read More

Lockdown: Europe car sales plunge 55% in March

Lockdown: Europe car sales plunge 55% in March

European car sales tanked last month amid strict lockdown measures to contain the coronavirus that shut down dealerships for at least hal...Read More

Covid-19: Domestic passenger vehicle sales plunge 51% in March: SIAM

Covid-19: Domestic passenger vehicle sales plunge 51% in March: SIAM

Passenger vehicle sales in India declined by 51 per cent in March, hit by 21-day nationwide lockdown due to the coronavirus pandemic.

Covid-19: PwC sees FY21 car sales down 12%, CVs by 21%

Covid-19: PwC sees FY21 car sales down 12%, CVs by 21%

The COVID-19 outbreak is likely to bring down the sales of passenger vehicles in 2020-21 (Apr-Mar) by 12%, two-wheelers by 18% and commer...Read More

How car sales in India can stabilise in 2020

How car sales in India can stabilise in 2020

New Delhi: Car sales in India are expected to be relatively flat this year after plunging 11.8% in 2019 amid slowing economic growth, as ...Read More

Car sales down 8% last month versus January 2019: SIAM

Car sales down 8% last month versus January 2019: SIAM

Also, auto sector is apprehensive over coronavirus impact on supply of component from China

Auto slowdown: SBI waives processing fee on car loan, more PSBs to follow

Auto slowdown: SBI waives processing fee on car loan, more PSBs to follow

New Delhi: In a bid to boost car sales amid piling inventories, the State Bank of India (SBI) on Tuesday waived processing fee on car loa...Read More

Toyota Kirloskar Motor sales drops down 18 pc in April

Toyota Kirloskar Motor sales drops down 18 pc in April

New Delhi: Toyota Kirloskar Motor (TKM) on Thursday reported a 17.72 per cent decline in total sales to 11,413 units in April. The compan...Read More

Higher fuel cost, floods hurt car sales in September

Higher fuel cost, floods hurt car sales in September

New Delhi: Domestic passenger vehicles sales moved in slow lane in September with major manufacturers on Monday reporting either single-d...Read More

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Car sales slip 1.25% in Jan

Greater Noida : Domestic passenger vehicle sales grew by 7.57 per cent to 2,85,477 units in January this year, riding on a robust growth ...Read More

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