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You Searched For "auto industry sales" and got 19 results


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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment

Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…

PTI   


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Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report

The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…

ANI   


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Indian consumers shift gears toward luxury and sustainability in the auto sector: Survey

Consumers in India show a growing interest in premium and sustainable vehicles, with 85% leaning to…

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Auto sales see a positive trend in June, two-wheeler sales register 21% annual growth: SIAM data

The two wheeler sales in India in June registered a growth of 21.3 per cent year-on-year (Y-o-Y), h…

ANI   


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Consumer goods, auto and healthcare sector to expand but energy may face challenge in 2025: Report

Geopolitical tensions will challenge the energy sector through 2025, but investments in renewable e…

ANI   


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FADA urges banks to tighten funding to dealers as rains play spoilsport in August

Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…

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Indian auto component industry turnover grows 9.8% in 2023-24; outlook positive: ACMA review

The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the bod…

ANI   


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Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level

Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account…

PTI   


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Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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Domestic passenger vehicle wholesales dips 2.5% at 3,41,510 units in July: SIAM

The sales were impacted by high base effect as well as companies reducing vehicle dispatches to dea…

PTI   


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Substantial drop in sales of cars, goods carriers and light commercial vehicles in Q2: SIAM

Sales of cars in the country saw a significant decline in the second quarter of FY25, as highlighte…

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Parts supplier cuts thousands of jobs as Germany's auto woes deepen

Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days aft…

Tom Carter   


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Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry

The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…

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4 mins read

Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race

Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while ri…

Tom Carter   


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Retail auto sales grow by 13% in February, but elevated inventory levels a concern

The Indian auto industry reported a 13% growth in sales in February 2024, with all the segments rep…

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Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies

The sales of electric two-wheelers have come crashing down just a month after recording the best-ev…

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Reliance Jio IPO – India’s biggest telco to go public in 2025, retail IPO further away

Mukesh Ambani-led Reliance Industries is reportedly gearing up to launch the initial public offerin…

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Hyundai retakes the second spot from Tata Motors, records its highest-ever sales

Hyundai lost the second position to Indian automaker Tata Motors in February 2024 after it sold aro…