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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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Electric two-wheeler sales declined in August 2024, but year-on-year growth continues

After months of subdued sales, the Indian electric two-wheeler market bounced back in July 2024, cr…

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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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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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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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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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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 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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New home sales saw the biggest burst of activity in August since 2022, MBA says

New home sales climbed nearly 15% last month, according to the Mortgage Bankers Association, while …

Jennifer Sor   


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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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Rakhi festive sales expected to surge over Rs 12,000 crore across country: Confederation of All India Traders

The Confederation of All India Traders (CAIT) on Sunday anticipated a festive trade of over Rs 12,0…

ANI   


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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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May Auto Sales – Tata Motors and Hyundai continue to fight for the second spot as car sales grow by 4%

Hyundai Motor India and Tata Motors continued to battle for the second spot in the Indian auto mark…

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Janmashtami festivities drive business across India, sales exceed Rs 25,000 crore: CAIT

Janmashtami festivities across the country led to a business surge, with transactions exceeding Rs …

ANI   


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Amazon Prime Day 2024 to begin on July 20 in India – everything you need to know about Amazon’s biggest sale

Amazon’s most awaited Prime Day sale 2024 is just around the corner. The e-commerce giant is all se…

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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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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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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…

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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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Passenger vehicles record 11.3% growth in February 2024, two-wheelers record 35% growth

The Indian auto companies continued to perform well in February 2024, starting the year on a positi…