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2 mins read
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…
2 mins read
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
2 mins read
Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura
Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…
2 mins read
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 …
2 mins read
Tata Motors shares slump 4% on poor sales data
On the BSE, scrip of Tata Motors dropped 3.69 per cent to trade at Rs 1,102.40 per piece. …
PTI
2 mins read
April auto sales – Hyundai continues to hold the second position as Tata Motors inches closer
Hyundai continued to occupy the second position in India’s car market, with Tata Motors taking the …
3 mins read
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…
2 mins read
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
2 mins read
Passenger vehicle retail sales dip 7% in June as heatwave curtails showroom visits
"Despite improved product availability and substantial discounts aimed at stimulating demand, m…
PTI
3 mins read
Hyundai IPO listing: India's biggest ever IPO lists lower than issue price, brokerages issue buy rating
With a market cap of Rs 1,51,376.41 crore, Hyundai Motors India had opened for subscription between…
2 mins read
Mixed December – While Tata Motors, Hyundai sales rise, Maruti Suzuki reports in the slow lane
As the month of December comes to an end, the auto sales data is giving us an insight about the per…
3 mins read
India’s auto sales to ride on two wheels in 2024
Two wheeler sales are expected to see double digit growth for the next two years, outpacing passeng…
1 min read
August auto sales: Powered by utility vehicles, PV dispatches to dealers increase 9%
Passenger vehicle wholesales in India rose 9% year-on-year in August on the back of strong demand …
PTI
2 mins read
Tesla stock could soar 50% as it broadens beyond autos and as Musk exerts more political influence, Morgan Stanley says
Morgan Stanley analysts say Tesla will surge if it can expand to be an AI giant, which may be more …
Kelly Cloonan
3 mins read
Retail auto sales up 13% MoM in October, but high inventory levels in PV a concern
Retail auto sales in October grew by a healthy 13% month-on-month but declined 12.6% year-on-year, …
3 mins read
Maruti reports highest ever sales in August, Tata Motors and Bajaj Auto decline
Maruti Suzuki India on Friday reported its highest-ever monthly wholesales at 1,89,082 units i…
3 mins read
Wall Street shifts focus back to Tesla's core auto business ahead of earnings as robotaxi hype fades
Wall Street analysts said Tesla needs to release a low-cost "Model 2" vehicle and update its curren…
Matthew Fox
1 min read
Domestic commercial vehicle industry volumes expected to grow by 7-10 pc in FY24: Icra
The domestic commercial vehicle industry volumes are expected to grow by 7-10 per cent in FY2024, s…
PTI
4 mins read
As auto sales slip in July, dealers pin hopes on upcoming festive fervour
The Indian auto industry reported a 10% year-on-year increase in sales in July, just like the last …
3 mins read
No festive cheer for auto cos in March: PV sales ‘flattish’, 2Ws to see a slight uptick
The Indian auto sector could be looking at mixed performance in March due to a combination of errat…