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3 mins read

Upcoming IPO aimed to Indianize operations, says Hyundai Motors

Hyundai has set a price band of Rs 1,865-1,960 per share for the IPO, taking the company's valuatio…

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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…

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Growth across vehicle segments powers 10% rise in India's June auto retail sales, cautiously optimistic for the near term: FADA

Automobile retail sales in June registered 10% year-on-year growth, with positive performances seen…

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EV sales expected to grow by over 65% in 2024, double its overall market share

Indian EV makers had a great year in 2023, nearly doubling their sales compared to 2022, despite th…

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MG Motor retail sales up 2% to 4,154 units in November

MG Motor India on Friday said its retail sales increased by 2 per cent to 4,154 units in November 2…

PTI   


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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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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   


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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…

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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…

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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…

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All you need to know about Ola Electric's IPO: Should you subscribe or not?

With a price band of Rs 72–76 per share, only 10% of the issue is available for retail investors. I…

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SUVs to drive passenger vehicle volume 5-7% next financial year: Crisil

Passenger vehicle volume is expected to ascend to a new peak for the third straight time next finan…

ANI   


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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…

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Domestic passenger vehicles sales expected to stay strong this fiscal, says Tata Motors' Chandra

He was responding to a query on the outlook of passenger vehicles sales in India in 2023-24. …

PTI   


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April auto sales – Hyundai continues to hold the second position as Tata Motors inches closer

Hyundai continued to occupy the second position in India’s car market, with Tata Motors taking the …

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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…

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Retail auto sales up 13% MoM in October, but high inventory levels in PV a concern

Retail auto sales in October grew by a healthy 13% month-on-month but declined 12.6% year-on-year, …

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4 mins read

Festive demand, strong SUV offtake propel domestic passenger vehicle sales to record high in August

Domestic passenger vehicle sales hit a record in August led by highest-ever monthly dispatches from…

PTI   


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7 mins read

Wedding bells drive two-wheeler sales in May, passenger vehicles cruise on SUVs

The much-awaited recovery in two-wheeler sales is finally showing signs of emergence, with the wedd…

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Passenger vehicles recorded highest-ever sales this January says SIAM

In January 2023, total passenger vehicle sales grew 17.3% to 2.98 lakh units compared with 2.54 lak…