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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
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…
Asian Paints Q1FY25 results: Net profit dips by 25%, revenue also misses market estimates
The company's international sales also took a hit, down to Rs 679.1 crore from Rs 695.1 crore, ma…
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
India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report
This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…
ANI
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
After 21% growth in FY23, auto sales to hit slow lane in FY24: FADA
After March clocked in a 14% year-on-year growth in overall vehicle sales, auto sales for FY23 regi…
Mahindra sales rise 21% to 70,576 units in November
Exports, however, declined 42 per cent last month to 1,816 units as compared to 3,122 units in …
PTI
Stocks to watch out for tomorrow : Vodafone, Paytm, Hindustan Aeronautics
Both Sensex and Nifty recorded all time highs during the day's trade. HDFC, ICICI, Mahindra and Mah…
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, …
January auto sales rise 14% y-o-y but sentiment improving at a snail’s pace, says FADA
As compared to January 2020, auto sales in January 2023 were down by 8%, says data by Federation of…
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 …
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…
Mixed demand trends for autos in November as festive boost wears off but signs of rural recovery visible
Indian auto companies are looking at mixed demand momentum after making merry post the festive seas…
May auto sales rise 10% but still below pre-Covid level with challenges in store
Electric vehicles (EVs) accounted for 8% of total vehicle retail in May, according to data from the…
Retail automobile sales grow 9% in August, dealers maintain cautious optimism for festive season
Ahead of the festive season, retail sales of automobiles in August grew by 9% year-on-year (Y-o-Y).…
Growth across vehicle segments powers 10% rise in India's June auto retail sales, cautiously optimistic for the near term: FADA
Automobile retail sales in June registered 10% year-on-year growth, with positive performances seen…
India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand
The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…
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…
Passenger vehicles recorded highest-ever sales this January says SIAM
In January 2023, total passenger vehicle sales grew 17.3% to 2.98 lakh units compared with 2.54 lak…