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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
Passenger vehicle wholesales dip 2% in August as OEMs cut dispatches
Two-wheeler wholesales rose 9 per cent to 17,11,662 units last month against 15,66,594 units in …
PTI
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
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
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
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
Tata Motors eyes gains in SUV space as it drives in its Curvv
The model would be competing with the likes of Hyundai Creta, Kia Seltos, Maruti Suzuki Grand Vitar…
PTI
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
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
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
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
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
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
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…
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…
Indian auto retail sector records 27% YoY growth in April: FADA
The Indian auto retail sector recorded a robust 27 per cent year-on-year (YoY) growth for April 202…
ANI
Waiting for the festive season to buy an EV? Cabinet approves PM E-Drive subsidising most EVs, sans electric cars
India's PM E-Drive subsidy provides significant financial incentives for electric two- and three-wh…
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…
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…
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…