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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 …

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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…

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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.…

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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…

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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   


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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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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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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…

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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…

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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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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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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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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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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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Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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Lava Agni 3 5G with dual display launched in India starting at ₹20,999

Indian mobile manufacturer Lava today announced the launch of the Agni 3 5G, the company’s latest m…

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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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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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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…

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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…