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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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2 mins read

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…

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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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1 min read

Tata Motors sales rise 8 pc in February at 86,406 units

Tata Motors on Friday reported an 8 per cent rise in its total wholesales to 86,406 units in Februa…

PTI   


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Tata Motors shares slump 4% on poor sales data

On the BSE, scrip of Tata Motors dropped 3.69 per cent to trade at Rs 1,102.40 per piece. …

PTI   


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EV sales in Europe hit a speed bump — and the US should be worried too

Registrations of new EVs in Europe fell by 44% in August from the previous year, according to the E…

Tom Carter   


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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…

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Auto parts and dollar store execs warn that low-income Americans are stretched thin and running on borrowed time

Auto parts and dollar stores serve a lot of customers who earn less than $50,000, and the squeeze o…

Dominick Reuter   


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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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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…

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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…

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Electric two-wheeler sales cross the 1 lakh mark after four months, Ola Electric leads the market

The Indian electric two-wheeler market is finally recovering after months of subdued sales after th…

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Mixed December – While Tata Motors, Hyundai sales rise, Maruti Suzuki reports in the slow lane

As the month of December comes to an end, the auto sales data is giving us an insight about the per…

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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   


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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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3 mins read

India’s auto sales to ride on two wheels in 2024

Two wheeler sales are expected to see double digit growth for the next two years, outpacing passeng…

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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   


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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   


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India’s electric two-wheelers up and running after reduced FAME subsidy bump

The electric two-wheeler sales have finally bounced back after the reduction in subsidy came into e…