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Maruti Suzuki, Tata Motors, Hyundai and other automakers report a decline in sales in July 2024

The month of July 2024 could have been better for automakers, with most companies reporting a decli…

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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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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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Housing sales rise 5% to 87,108 units across the top eight cities in Jul-Sep

Housing sales rose 5% annually during July-September to 87,108 units in eight major cities as deman…

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Election Day stress is affecting some companies' sales

Companies from United Airlines to Nestlé have pointed to election day as a slow time for sales. Som…

Alex Bitter   


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It’s raining discounts – Maruti Suzuki, Hyundai, Tata Motors and others offer discounts on cars as sales slowdown

If you are considering purchasing a car for yourself or someone in your family, now is a great time…

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Ola Electric continues to lose market share as Bajaj Auto and TVS Motor gain

The Indian electric two-wheeler market has reported subdued sales in September 2024, with 88,156 el…

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July auto sales: Maruti below estimates, Toyota records highest-ever show

July 2023 has emerged as a good month for the auto industry, with several companies reporting an in…

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Indian manufacturers see softer increases in new business, output in August: PMI

In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …

PTI   


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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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Foreign investors infuse ₹7,390 crore in second week of July, total July investment at ₹15,352 Crore

The Foreign Portfolio Investment (FPI) in the Indian equity market increased by Rs 7,390 crores dur…

ANI   


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4 mins read

Elon Musk is ready to make his biggest pitch yet that Tesla is more than just a car company

Elon Musk is set to unveil a new chapter in Tesla's history at Robotaxi Day as he attempts to pitch…

Hasan Chowdhury   


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A 'bifurcated economy' is keeping some car buyers out of the market

Wealthy buyers are willing to pay up for expensive cars, but another 10-20% of the market is sideli…

Nora Naughton   


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Passenger vehicle sales touch highest ever quarterly mark in July-Sep: SIAM

It is also the first time ever that the domestic PV wholesales have crossed the 20 lakh mark i…

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3 mins read

EV charging is so bleak that some owners are considering going back to gas-powered cars, survey finds

Nearly half of EV owners in the US are considering switching back to a gas-powered car, a McKinsey …

Nora Naughton   


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India’s electric two-wheeler industry records highest-ever monthly sales as FAME subsidy ends

The Indian electric two-wheeler industry has reported its best-ever month in terms of sales in Marc…

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Tesla's cars are starting to look pretty basic — and that's a problem

Drivers hoping for a redesigned Tesla sedan or crossover are stuck waiting for now, and that's not …

Grace Kay   


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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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6 mins read

Tesla needs to figure out how to sell cars. Its salespeople say it's stuck in the past.

Once, Tesla raced to produce enough cars to meet demand. Now the company is scrambling to find cust…

Grace Kay   


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One of China's hottest new EV makers says it lost $9,200 for each $30,000 smart car it delivered

Xiaomi's first EV, the $30,000 Speed Ultra 7, sold out within a day of its March launch, but isn't…

Matthew Loh