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  • 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.

  • Asia to see first petrol squeeze in more than 15 years Mar 03, 2016 11:29 AM IST

    Asia to see first petrol squeeze in more than 15 years

    Car sales are soaring in China and India, where a combined 3 million new cars come to market every month, while refineries are shutting down in Australia and Taiwan.

  • Domestic car sales rise 12.87% in December Jan 11, 2016 11:08 AM IST

    Domestic car sales rise 12.87% in December

    Motorcycle sales declined 5.93 percent to 7,24,807 units last month from 7,70,519 units a year ago, according to the data released by the Society of Indian Automobile Manufacturers (SIAM).

  • Domestic passenger car sales jump over 10% in November Dec 11, 2015 03:17 PM IST

    Domestic passenger car sales jump over 10% in November

    According to the data released by Society of Indian Automobile Manufacturers (SIAM), domestic car sales in November stood at 1,73,111 units compared with 1,56,811 units in the same month last year.

  • Festival season brings in cheer; car sales rise 22% in Oct Nov 10, 2015 05:38 PM IST

    Festival season brings in cheer; car sales rise 22% in Oct

    According to the data released by Society of Indian Automobile Manufacturers (SIAM), domestic car sales in October this year stood at 1,94,158 units as compared to 1,59,408 units in the same month of 2014.

  • Domestic car sales up 22% in October Nov 10, 2015 11:08 AM IST

    Domestic car sales up 22% in October

    Motorcycle sales rose 5.66 percent to 10,65,856 units in October as against 10,08,761 units sold during the same month last year, according to the data released by the Society of Indian Automobile Manufacturers (SIAM).

  • Nifty to open in green today on positive global cues Oct 05, 2015 07:36 AM IST

    Nifty to open in green today on positive global cues

    US stocks closed more than 1 percent higher, recovering from an initial decline of more than 1.5 percent, as investors digested higher oil prices and a weaker-than-expected jobs report.

  • Auto sector cheers RBI rate cut as 'festival gift' Sep 29, 2015 03:47 PM IST

    Auto sector cheers RBI rate cut as 'festival gift'

    Expressing similar views, Maruti Suzuki India Executive Director Marketing and Sales R S Kalsi said: "On the whole, it gives a good signal to customers. The market so far has been moving very slowly but with this (rate cut) sentiments will improve. It gives the much-needed boost to the market in the pre-festive season."

  • Focus turns to US data as China slowdown looms Aug 29, 2015 03:46 PM IST

    Focus turns to US data as China slowdown looms

    Car sales, construction spending, the Federal Reserve's "beige book" and jobs growth may show the economy is strong enough to withstand the first rate hike in nearly a decade from the Federal Reserve, despite worries about a hard landing for China‘s economy.

  • Economic revival critical for industry growth: Sundaram Fin Aug 14, 2015 12:25 PM IST

    Economic revival critical for industry growth: Sundaram Fin

    TT Srinivasaraghavan, MD, Sundaram Finance says the infrastructure story is yet to unfold. Only with an overall pick up in economy will the consumer goods business profit.

  • Faber: Yuan devaluation is completely meaningless Aug 14, 2015 11:14 AM IST

    Faber: Yuan devaluation is completely meaningless

    After allowing the yuan to weaken a total of around 3 percent against the U.S. dollar on Tuesday, Wednesday and Thursday amid a shift toward a "managed float" regime, the People's Bank of China (PBOC) set Friday's fixing at a slightly stronger level.

  • Domestic car sales rise 17.47% in July Aug 10, 2015 03:48 PM IST

    Domestic car sales rise 17.47% in July

    Motorcycle sales last month declined 6.36 percent to 808,332 units, from 863,188 units a year earlier, according to the data released by the Society of Indian Automobile Manufacturers (SIAM).

  • Weak China sales dent quarterly profit at Tata Motors Aug 07, 2015 06:31 PM IST

    Weak China sales dent quarterly profit at Tata Motors

    The economy in China, a big market for Tata Motors' luxury arm Jaguar Land Rover, has slowed to its slackest pace in 25 years and low consumer confidence is affecting car sales in that country.

  • Gold struggles after worst month in two years Aug 03, 2015 01:15 PM IST

    Gold struggles after worst month in two years

    Gold steadied not far above a 5-1/2-year low on Monday, struggling to scale higher at the start of the month after its deepest loss in two years in July, as expectations for a near-term hike in US interest rates kept sellers nearby.

  • Hyundai Motor's 2Q earnings down 24% Jul 23, 2015 07:20 PM IST

    Hyundai Motor's 2Q earnings down 24%

    The result was slightly higher than market expectations but underlined ongoing challenges besetting South Korea's largest automaker. Hyundai said China sales declined as the country's local makers of cheap vehicles recorded explosive sales growth.

  • Don't expect double digit growth in car sales this yr: SIAM Jun 10, 2015 11:39 AM IST

    Don't expect double digit growth in car sales this yr: SIAM

    According to SIAM, the total two-wheeler sales in May slumped 1.25 percent to 13,80,950 units.

  • Car sales grow 18.14% in April, fastest in 30 months May 11, 2015 01:51 PM IST

    Car sales grow 18.14% in April, fastest in 30 months

    According to the data released by the Society of Indian Automobile Manufacturers (SIAM), domestic passenger car sales in April stood at 1,59,548 units compared with 1,35,054 in the same month of 2014.

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