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
While releasing the wholesale numbers for December and the third quarter (October-December) of the current fiscal, the industry body said...Read More
Besides, analysts cited factors such as low interest rates, preference for personal mobility over public transport due to the pandemic as...Read More
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
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
By Teji Mandi
#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
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
The company, which had suspended its entire operations on March 25, estimates loss of 23,400 vehicles and 14,700 tractors in March itself.
The pandemic has not only devastated domestic retail sales but has now put a major proportion of jobs dependent on the sector in jeopardy.
This was due to lower sales volume and higher sales promotion expenses which were partially offset by lower operating expenses, cost redu...Read More
Maruti Suzuki India, Hyundai Motor India Ltd (HMIL), Mahindra & Mahindra (M&M), Toyota Kirloskar Motor (TKM) and MG Motor India reported ...Read More
European car sales tanked last month amid strict lockdown measures to contain the coronavirus that shut down dealerships for at least hal...Read More
Passenger vehicle sales in India declined by 51 per cent in March, hit by 21-day nationwide lockdown due to the coronavirus pandemic.
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
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
Also, auto sector is apprehensive over coronavirus impact on supply of component from China
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
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
New Delhi: Domestic passenger vehicles sales moved in slow lane in September with major manufacturers on Monday reporting either single-d...Read More
By FPJ Bureau
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