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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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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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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   


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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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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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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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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   


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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   


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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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Waaree Energies Limited opens for subscription today. Should you invest?

The company, which operates 4 manufacturing facilities in Gujarat, India, commenced operations in 2…

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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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May Auto Sales – Tata Motors and Hyundai continue to fight for the second spot as car sales grow by 4%

Hyundai Motor India and Tata Motors continued to battle for the second spot in the Indian auto mark…

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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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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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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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1 min read

August auto sales: Powered by utility vehicles, PV dispatches to dealers increase 9%

​Passenger vehicle wholesales in India rose 9% year-on-year in August on the back of strong demand …

PTI   


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4 mins read

PV sales to shift gears courtesy festive season but 2-wheelers’ struggles to continue

The auto sector has been recovering, albeit slowly, after the pandemic. The second quarter of the c…

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2 mins read

Mixed December – While Tata Motors, Hyundai sales rise, Maruti Suzuki reports in the slow lane

As the month of December comes to an end, the auto sales data is giving us an insight about the per…

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3 mins read

Shifting gears: Election and crop payments to drive 2-wheeler sales in first half of 2024

The two wheeler industry looks to be on the upshift mode after reporting a sharp rise in sales in D…

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4 mins read

Tractor sales stutter in January as two-wheelers zoom ahead

Indians kept up with their love for cars and bikes in the month of January, but tractor sales showe…