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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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Passenger vehicle wholesales dip 2% in August as OEMs cut dispatches

Two-wheeler wholesales rose 9 per cent to 17,11,662 units last month against 15,66,594 units in …

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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Tata Motors eyes gains in SUV space as it drives in its Curvv

The model would be competing with the likes of Hyundai Creta, Kia Seltos, Maruti Suzuki Grand Vitar…

PTI   


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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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Auto sector poised for robust growth in July 2024 with double-digit surge in two-wheeler sales: Anand Rathi report

The surge is attributed to solid retail demand, estimated at approximately 15 per cent y/y, strateg…

ANI   


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Waiting for the festive season to buy an EV? Cabinet approves PM E-Drive subsidising most EVs, sans electric cars

India's PM E-Drive subsidy provides significant financial incentives for electric two- and three-wh…

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Automobile industry hails PM e-DRIVE scheme to promote EVs

Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for In…

ANI   


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Automobile exports from India rise 15.5% in Q1

Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as compare…

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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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   


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Passenger vehicle exports rise by 2.68 lakh units in last 4 years; Maruti accounts for 70% of incremental shipments

Passenger vehicle exports from India rose by 2.68 lakh units in the last four financial years with …

PTI   


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Electric vehicle sales rose 55.2% to 1.79 lakh units in July: FADA

The electric two-wheelers sales during the previous month stood at 1,07,016 units, up 95.94 per…

PTI   


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Passenger vehicle retail sales dip 1% in May as excessive heat, elections impact demand: FADA

"Dealers cited the impact of elections, extreme heat and market liquidity issues as major facto…

PTI   


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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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Indian auto retail sector records 27% YoY growth in April: FADA

The Indian auto retail sector recorded a robust 27 per cent year-on-year (YoY) growth for April 202…

ANI   


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Ashok Leyland bags single largest order of 2,104 fully built buses from Maharashtra government

With this substantial order, Ashok Leyland buses will now dominate the MSRTC fleet.

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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August auto sales – Maruti Suzuki, Tata Motors and others report a decline in sales

The Indian passenger vehicles segment reported a decline in sales for the second month in August 20…

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SUVs to drive passenger vehicle volume 5-7% next financial year: Crisil

Passenger vehicle volume is expected to ascend to a new peak for the third straight time next finan…

ANI