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3 mins read
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…
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 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
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).…
3 mins read
After languishing since FY19, two-wheeler growth to outpace passenger vehicles in FY24-25
The future looks brighter for India’s two wheeler makers who have seen a volume decline of nearly 3…
3 mins read
Total vehicle retail sales jump 15 pc to 2.11 crore units in 2022: FADA
Two-wheelers retail sales stood at 1,53,88,062 units last year, a growth of 13.37 per cent from …
PTI
2 mins read
Automobile dealers' association seeks GST cut on 2-wheelers from 28% to 18%
The Federation of Automobile Dealers Associations (FADA), the leading body of automobile retail in …
ANI
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 …
5 mins read
Retail auto sales grow 11% in September, but still below pre-Covid levels, says FADA
However, when compared to the pre-pandemic month of September 2019, sales were down 4%, FADA sai…
3 mins read
Toy industry can generate 30,000 jobs in Tamil Nadu with govt support
Elaborating, he said when the national level toy exhibition was held in New Delhi, the Telanga…
PTI
1 min read
Petrol pumps closed in Rajasthan as dealers demand rollback of VAT on fuel
Around 7,000 petrol pumps remained closed in the state due to the strike. However, fuel pumps…
PTI
1 min read
Vehicle registrations fell 13.43% in February, says FADA
Vehicle registrations declined on both sequential and year-on-year (YoY) basis in February 2021.
1 min read
Economic recovery stronger than expected, need to be watchful of demand sustainability post festivals: RBI Governor
It can be noted that the Indian economy contracted by 23.9 per cent in the first quarter of the…
PTI
2 mins read
Harley-Davidson dealers seek 'fair deal' as only 10 approached by Hero MotoCorp
Given a time-bound, take it or leave it situation that offered them no other option, 10 of th…
PTI
4 mins read
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
3 mins read
India's oil import bill could swell to $101-104 billion in FY25: ICRA
As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…
PTI
2 mins read
Passenger vehicle retail sales rise 4%, two-wheelers decline 21% despite festive boost: FADA
Two-wheeler sales, however, declined 21.4 per cent to 14,13,378 units last month, as compared…
PTI
5 mins read
451 million voters! First four phases of Lok Sabha elections witness 66.95% voter turnout so far
Lok Sabha elections 2024 have seen a voter turnout at polling stations of about 66.95 per cent so f…
ANI
2 mins read
Dhoni goes electric: Former team India captain invests in affordable e-bike start-up EMotorad
Hitting a hattrick of 6’s to dazzle the crowd hasn’t been the only cool thing MS Dhoni has been up …
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…