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3 mins read
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
2 mins read
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…
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
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
2 mins read
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
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
3 mins read
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…
3 mins read
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…
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
People are delaying buying new cars, creating a deflationary 'spiral' that's bad news for the auto industry
Delayed vehicle purchases could lead to a "deflationary spiral" and recession for the auto industry…
Nora Naughton
2 mins read
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…
3 mins read
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…
1 min read
India's EV landscape set to be transformed with key govt initiatives: Industry experts
The rise in Electric Vehicle (EV) battery manufacturing, alongside the 'Make in India' initiative, …
2 mins read
Firm economic growth helped Indian automobile industry post 12.5% sales growth
Backed by robust economic growth and conducive government, the Indian automobile industry has poste…
ANI
1 min read
Bajaj Auto Q1FY25 results: Net profit, EBITDA, exports see a major jump, leadership change imminent
The company's sales also saw a 7% YoY jump from 11,02,056 units in the June quarter, compared to 10…
2 mins read
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…
2 mins read
Electric two-wheeler sales grow by 24% in February 2024, Ola Electric leads with over 40% market share
The electric two-wheeler market in India has reported a year-on-year growth of 24% in February 2024…
2 mins read
Manufacturing sentiments, domestic demand up in Q1 FY25, notes FICCI survey
Manufacturing sentiments in India have shown an improvement in the first quarter of the financial y…
ANI
2 mins read
Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy
Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…
Kelly Cloonan
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…