Automobile Sales

As per industry watchers, sales of four-wheelers in urban areas in the first half of the fiscal fell by nearly 3 percent over the previous year, while rural sales grew by almost 5 percent

Vehicle retail sales rise 12% to 43 lakh units during 42-day festive period: FADA

'We could have fully met or even exceeded our targets of 45 lakh units if not for the unseasonal heavy rains in South India,' says FADA

Passenger vehicle wholesales up marginally at 3,93,238 units in Oct: SIAM

The overall passenger vehicle dispatches to dealers stood at 3,89,714 units in October 2023.

Automobile sales decline 9.26% YoY in September, PV dealers facing all-time high inventory levels: FADA

PV sales saw steep decline of 18.81% YoY while CV sales fell 10.45% YoY, 'reflecting subdued market conditions and weak government spending', says FADA

TVS Motor sales up 13% in August at 3,91,588 units

The company had dispatched 3,45,848 units to its dealers in the same month last year, TVS Motor Company said in a statement.

Kia India sales up 17% to 22,523 units in August

"This success is a testament to the company's strategic optimisation of the products, making our vehicles most compelling and value-for-money," Kia India Senior Vice President and National Head of Sales & Marketing Hardeep Singh Brar said in a statement.

Toyota posts 35% rise in sales at 30,879 units in August

The automaker had reported a dispatch of 22,910 units in both domestic and exports in the same month last year.

PV sales hit a speedbreaker in July, fall 2.5% to 3.44 lakh units YoY

During the first four months of this financial year, PV sales stood at 13.75 lakh, just a shade higher from 13.5 lakh units during the corresponding period a year ago

Automobile sales continue to move upwards, jump 16.4% to 6.4 mn units in Q1: SIAM

Total automobile sales include 10,26,000 units of PVs, up by 3 percent from 9,96,565 units in Q1 FY24, as per the data shared by auto industry body

Automobile exports from India dip 5.5% in FY24

Two-wheeler exports witnessed a dip of 5.3 per cent last fiscal at 34,58,416 units compared to 36,52,122 units in 2022-23.

PV sales race past 1 million mark in Q3 FY24, up 8.26% YoY, shows SIAM data

While domestic auto sales across all segments grew 19.48 percent YoY, PV exports slipped slightly to 1,69,463 units against 1,70,458 units during this period.

Robust PV and 2W demand puts auto retail sales in fast lane in Nov 2023: FADA

November 2023 saw an overall growth of 18 percent YoY in total retail sales. The two-wheeler, three-wheeler, and passenger vehicle categories recorded impressive YoY growth rates of 21 percent, 23 percent, and 17 percent, respectively.

Tata Motors total sales dip 4% in April

Total commercial vehicle sales stood at 22,492 units, down 27 per cent from 30,838 units in April 2022, it added.

Entry-level automobile sales under pressure in Q1 as commodity costs mount: SIAM

The sale of scooters of up to 125 cc dropped by around 36 percent to 11.50 lakh units in Q1 FY23, as compared to the sale of 18.09 lakh units clocked in the same quarter of 2018-19.

Tata Motors' global wholesales jump 48% YoY to over 3.16 lakh units in Q1

The company's global wholesale of vehicles, including the flagship Jaguar Land Rover brand, increased to 3,16,443 units during the three-month period ending June 30, 2022.

April auto sales: Tata Motors sees 74% YoY jump; Hyundai, Maruti witness decline

Hyundai India and Maruti Suzuki's cumulative sales dropped by around 5 percent YoY during the month.

Auto Sales in 2022| Maruti Suzuki, Bajaj Auto, TVS Motors show slump, Mahindra & Mahindra rise

The auto sale figures come at the backdrop of FM Sitharaman announcing measures to enhance the EV ecosystem in India.

Analysis | As India enters festive season, economic recovery strengthens

Macroeconomic indicators show encouraging signs and consumption picks up, and policymakers and economists are now broadly confident the growth momentum will sustain, especially given that vaccinations continue at a brisk pace.

Vehicle scrappage policy to reduce cost of electric vehicles: Nitin Gadkari

The road minister said that battery recycling, which will be done through the new scrappage policy, will help bring down the cost of electric vehicles and will also help India develop Lithium-ion batteries locally.

For auto firms, recovery from the second wave may not be as fast as in 2020

The second wave’s adverse impact on savings and income, and anticipation of a third wave are weighing on consumer sentiment

Govt sets up 7 vehicle testing fitness centres, says road ministry official

Vehicle Inspection and Certification Centres have been set up at Cuttack in Odisha, Lucknow in Uttar Pradesh, Bengaluru in Karnataka, Surat in Gujarat, Nashik in Maharashtra, Rohtak in Haryana and Jhuljhuli in Delhi, sources told Moneycontrol.

Vehicle scrappage policy | Govt will setup 75 fitness centres by March 2023, says road ministry official

The MoRTH will also look to set up 50 scrapping centres across India by December 2023, as part of the new vehicle scrappage policy.

Proposed de-registration of private vehicles after 20 years if fitness certificate not renewed: Nitin Gadkari

The Union road transport ministry has similarly proposed the de-registration of commercial vehicles after 15 years if the owners fail to renew the fitness certificates.

EXCLUSIVE | Car makers seek quick rollout, heavy customer incentives under scrappage policy

Both industry experts and automobile companies said that the Vehicle Scrappage Policy is seen as the much-needed boost to revive sales in the Indian market, as sales took a hit again in January and February.

Motown nixes 'demon' effect, big auto cos in top gear (Analysis)

In the immediate aftermath of demonetisation -- often called a surgical strike on black money -- every performance parameter of India Inc was checked for trauma. Nearly 90 days after the cash ban came into effect, with remonetisation happening at a faster clip, automobile sales data in January throws some interesting insights.