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  • Online car sales may gain traction post COVID-19, auto retail needs to become virtual: EY May 03, 2020 10:33 AM IST

    Online car sales may gain traction post COVID-19, auto retail needs to become virtual: EY

    With the fear of infection and lack of hygiene likely to move people's preference back to personal mobility, which in turn is likely to reverse the trend of declining car sales, EY said automotive retail needs to become virtual, lean and flexible to align to the sudden accelerated change in consumer behaviour.

  • Domestic passenger vehicle sales down 6.2% in January Feb 10, 2020 10:10 AM IST

    Domestic passenger vehicle sales down 6.2% in January

    Car sales last month were also down 8.1 percent at 1,64,793 units as against 1,79,324 units in the January last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM).

  • Adverse macroeconomic factors slow down PV sales in November Dec 02, 2018 10:30 AM IST

    Adverse macroeconomic factors slow down PV sales in November

    While Maruti Suzuki, Mahindra & Mahindra (M&M) and Honda Cars India reported sales growth during the month, Hyundai, Tata Motors and Toyota witnessed decline in domestic sales in November

  • Volkswagen reports record global car sales in 2017 Jan 15, 2018 10:38 AM IST

    Volkswagen reports record global car sales in 2017

    Global sales rose 4.2 per cent to 6.2 million, with sales in China jumping 5.9 per cent to 3.2 million, more than half the total sold globally.

  • Passenger vehicle sales rise 5.22% in December; car sales slip Jan 11, 2018 11:52 AM IST

    Passenger vehicle sales rise 5.22% in December; car sales slip

    Domestic car sales, however, declined marginally to 1,58,326 units as against 1,58,617 units in December 2016, according to the data released by the Society of Indian Automobile Manufacturers (SIAM).

  • Carmakers see scorching sales in April; Maruti ahead of the pack with 23% volume jump May 04, 2017 03:17 PM IST

    Carmakers see scorching sales in April; Maruti ahead of the pack with 23% volume jump

    Maruti Swift became India’s top-selling model, trumping Alto which was close second while Baleno was the third highest seller during the same month.

  • JLR starts accepting bookings for diesel Jaguar XE in India May 03, 2017 03:45 PM IST

    JLR starts accepting bookings for diesel Jaguar XE in India

    The new variant will be powered by 2.0l-litre diesel engine that delivers a power output of 132 kw. It will be in addition to the 2.0l litre petrol engine that is already on sale in the country since February 2016.

  • Ford India sales up 53% in April May 02, 2017 03:43 PM IST

    Ford India sales up 53% in April

    The company had sold 16,470 units in the same month of last year, Ford India said in a statement.

  • Ashok Leyland sales decline 30% to 7,083 units in April May 02, 2017 01:17 PM IST

    Ashok Leyland sales decline 30% to 7,083 units in April

    Sales of heavy and medium commercial vehicles declined by 43 per cent to 4,525 units last month as against 7,873 units in the year-ago period, the company said in a statement.

  • Mahindra sales decline 6% to 39,357 units in April May 02, 2017 01:15 PM IST

    Mahindra sales decline 6% to 39,357 units in April

    The company had sold 41,863 units in the same month last year, the company said in a statement.f

  • Hyundai sales up 3.57% at 56,368 units in April May 02, 2017 07:30 AM IST

    Hyundai sales up 3.57% at 56,368 units in April

    Domestic sales were up 5.68 per cent at 44,758 units during the month, as against 42,351 units in the year-ago period, the company said.

  • Skoda India targets 25 percent sales growth this year Apr 30, 2017 10:50 AM IST

    Skoda India targets 25 percent sales growth this year

    The company's arm Skoda Auto India had reported sales of 13,370 units last year as against 15,457 units in 2015, down 13.5 percent.

  • Passenger vehicles up 9.96% in March, car sales grow 8.17% Apr 11, 2017 12:06 PM IST

    Passenger vehicles up 9.96% in March, car sales grow 8.17%

  • Gold falls below 1-month high as dollar, Treasury yields rise Mar 29, 2017 07:30 AM IST

    Gold falls below 1-month high as dollar, Treasury yields rise

    Bullion was higher earlier on support from U.S. political and economic uncertainty and expectations of a lower dollar.

  • China's Q4 growth seen steady at 6.7% amid heavy govt support Jan 18, 2017 10:48 AM IST

    China's Q4 growth seen steady at 6.7% amid heavy govt support

    The world's second-largest economy also likely grew around 6.7 percent for 2016 as a whole - roughly in the middle of the government's target range - as a stimulus-fuelled construction boom breathed new life into its long ailing "smokestack" heavy industries.

  • Demonetisation set to put brakes on auto's Q3 earnings Jan 14, 2017 10:27 AM IST

    Demonetisation set to put brakes on auto's Q3 earnings

    New vehicle purchases nosedived in November and December after the government junked popular bank notes, while bookings and enquiries are understood to have fallen by half during the same period.

  • Annual western European car sales hit highest level since 2007 Jan 05, 2017 10:11 PM IST

    Annual western European car sales hit highest level since 2007

    Car sales in western Europe rose 2.1 percent in December to take the total for the year to just under 14 million vehicles, the best result since 2007, according to industry data compiled by LMC Automotive.

  • UK car sales hit annual high before bumpy 2017: data Jan 05, 2017 04:22 PM IST

    UK car sales hit annual high before bumpy 2017: data

    Sales of new cars in Britain reached a record high last year, an industry survey showed today, but 2017 was set to experience a growth slowdown on Brexit

  • After dangal with demonetization, 100% auto loans to fuel sales Dec 29, 2016 12:11 PM IST

    After dangal with demonetization, 100% auto loans to fuel sales

    Everybody is now going for finance with very few choosing cheque or an online option. People are now scared that making any down payment, even if it is cheque, could attract scrutiny of the income tax department, says an auto dealer

  • Honda Cars ties up with banks to limit demonetisation impact Nov 21, 2016 02:48 PM IST

    Honda Cars ties up with banks to limit demonetisation impact

    The Japanese car maker's arrangement with the three leading banks includes ex-showroom and on-road funding for its various models.

  • Passenger vehicle sales rise 20%; volumes at over 4-year high Oct 07, 2016 03:24 PM IST

    Passenger vehicle sales rise 20%; volumes at over 4-year high

    According to the data released by the Society of Indian Automobile Manufacturers (SIAM), PV sales in September stood at 2,78,428 units as against 2,32,170 units in the same month last year.

  • Honda Cars sales decline 19% to 15,034 units in September Oct 01, 2016 05:12 PM IST

    Honda Cars sales decline 19% to 15,034 units in September

    Honda Cars India Ltd (HCIL) today reported 18.77 per cent decline in domestic sales at 15,034 units in September.

  • Car sales down 5.18%, passenger vehicle up 2.68% in June Jul 11, 2016 12:00 PM IST

    Car sales down 5.18%, passenger vehicle up 2.68% in June

    However, car sales were down 5.18 percent to 1,54,237 units as against 1,62,655 units in June last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM).

  • Rahul Gandhi faces assassination threat, claims Congress May 09, 2016 03:00 PM IST

    Rahul Gandhi faces assassination threat, claims Congress

    Senior Congress leaders, including Ahmed Patel, Rajeev Shukla, Motilal Vora and Anand Sharma, will meet Union Home Minister Rajnath Singh at 4 pm in New Delhi to discuss the threat letter.

  • Car sales growth highest in 5 yrs; up 7.87% in FY16 Apr 08, 2016 03:12 PM IST

    Car sales growth highest in 5 yrs; up 7.87% in FY16

    According to Society of Indian Automobile Manufacturers (SIAM), domestic car sales stood at 20,25,479 units in 2015-16 as compared with 18,77,706 units in the 2014-15.

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