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2 mins read
October auto sales – Maruti Suzuki and Tata Motors report a decline, Mahindra continues to grow
The month of October 2024 has not been the best for automakers despite the festive season in India.…
2 mins read
Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura
Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…
2 mins read
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
1 min read
Indian consumers shift gears toward luxury and sustainability in the auto sector: Survey
Consumers in India show a growing interest in premium and sustainable vehicles, with 85% leaning to…
2 mins read
Consumer goods, auto and healthcare sector to expand but energy may face challenge in 2025: Report
Geopolitical tensions will challenge the energy sector through 2025, but investments in renewable e…
ANI
2 mins read
September Auto sales – Automakers report a decline, Mahindra and Mahindra overtakes Tata Motors
The Indian passenger vehicles segment reported a decline in sales for the third consecutive month i…
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
Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment
Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…
PTI
2 mins read
Ola Electric continues to lose market share as Bajaj Auto and TVS Motor gain
The Indian electric two-wheeler market has reported subdued sales in September 2024, with 88,156 el…
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
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…
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
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…
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
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…
2 mins read
Parts supplier cuts thousands of jobs as Germany's auto woes deepen
Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days aft…
Tom Carter
1 min read
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
3 mins read
Hyundai IPO listing: India's biggest ever IPO lists lower than issue price, brokerages issue buy rating
With a market cap of Rs 1,51,376.41 crore, Hyundai Motors India had opened for subscription between…
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
Substantial drop in sales of cars, goods carriers and light commercial vehicles in Q2: SIAM
Sales of cars in the country saw a significant decline in the second quarter of FY25, as highlighte…