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1 min read

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   


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2 mins read

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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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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2 mins read

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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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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2 mins read

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   


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2 mins read

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   


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3 mins read

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   


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2 mins read

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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2 mins read

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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2 mins read

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   


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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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3 mins read

Mercedes expands BEV range; rolls out second locally produced model in India

EQS SUV 580 4MATIC is the second model, after the EQS sedan, to be locally produced at company'…

PTI   


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3 mins read

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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2 mins read

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   


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2 mins read

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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2 mins read

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   


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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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India has potential to be in Maserati's top 10 global markets in mid term: Co-official

Italian luxury carmaker Maserati believes India has the potential to be among its top ten global ma…

PTI