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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…
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…
Substantial drop in sales of cars, goods carriers and light commercial vehicles in Q2: SIAM
Sales of cars in the country saw a significant decline in the second quarter of FY25, as highlighte…
Maruti Suzuki India registers highest-ever monthly sales in festive-filled October
Maruti Suzuki India reported its highest-ever monthly sales volume at 206,434 units. Total sales in…
ANI
Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura
Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
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
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
Ola Electric plans to expand sales and service infra to 10,000 outlets by 2025-end
Bhavish Aggarwal-led Ola Electric on Thursday said it will establish 10,000 sales and service outle…
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
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.…
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
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
Why has Bernstein called India’s EV sector 'irrelevant'?
Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.
Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment
Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…
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
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
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…