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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
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
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
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
2 mins read
Electric vehicle sales rose 55.2% to 1.79 lakh units in July: FADA
The electric two-wheelers sales during the previous month stood at 1,07,016 units, up 95.94 per…
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
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
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
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
2 mins read
Passenger vehicle retail sales dip 1% in May as excessive heat, elections impact demand: FADA
"Dealers cited the impact of elections, extreme heat and market liquidity issues as major facto…
PTI
2 mins read
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
1 min read
Bajaj Auto sales grow 31 per cent in November
Bajaj Auto on Friday reported a 31 per cent growth in its total vehicle sales at 4,03,003 units in …
PTI
6 mins read
Three wheelers see record sales as auto sector posts 9% growth between April-September
Three wheeler sales in the first half of the current financial year (FY24) have hit a record and be…
4 mins read
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 …
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…
1 min read
Domestic commercial vehicle industry volumes expected to grow by 7-10 pc in FY24: Icra
The domestic commercial vehicle industry volumes are expected to grow by 7-10 per cent in FY2024, s…
PTI
8 mins read
Passenger vehicle sales steady, commercial vehicles drive growth in March
The Indian auto industry’s March sales numbers were in line with analyst expectations. Commercial v…
2 mins read
With monsoon worries gone, auto sector bets on stellar festive revival
As the festive season is upon us, there is a sense of eager anticipation and excitement that is swe…
7 mins read
Tractors & commercial vehicles drive auto sales in February but El Niño threat looms large
Tractors and commercial vehicles drove the sales of the Indian auto sector in February, even as pas…
2 mins read
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…