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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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TVS confident of outperforming industry in domestic, global markets following new product launches, ops strengthening

TVS Motor Company expects to grow faster than the competition across domestic and international mar…

PTI   


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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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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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World EV Day: 50%+ three-wheelers, 5% of 2-wheelers, and 2% of cars purchased in 2024 are EVs.

The two-wheeler segment has also shown encouraging signs of EV adoption, with electric vehicles acc…

ANI   


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Electric two-wheeler sales declined in August 2024, but year-on-year growth continues

After months of subdued sales, the Indian electric two-wheeler market bounced back in July 2024, cr…

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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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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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Automobile exports from India rise 15.5% in Q1

Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as compare…

PTI   


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Hero MotoCorp announces price hike for motorcycles and scooters from July 1

Hero MotoCorp, one of the leading two-wheeler manufacturers in the country, has announced a price i…

ANI   


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India’s electric two-wheeler industry records highest-ever monthly sales as FAME subsidy ends

The Indian electric two-wheeler industry has reported its best-ever month in terms of sales in Marc…

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Hero MotoCorp Q4 PAT up 16.7% at ₹943.46 crore

Consolidated revenue from operations during the quarter under review stood at Rs 9,616.68 crore …

PTI   


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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   


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Electric two-wheeler sales grow by 24% in February 2024, Ola Electric leads with over 40% market share

The electric two-wheeler market in India has reported a year-on-year growth of 24% in February 2024…

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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   


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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).…

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Ola Electric cuts prices of scooters to compete with ICE two-wheelers

Ola Electric has become the latest EV maker to announce a price cut for its electric vehicles. The …

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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…

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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

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 …