Inventory Levels

As per auto retail body FADA, potential challenges such as inventory overstock and economic headwinds may affect sales momentum during November and December this year.

Sales of sub-Rs 10 lakh cars are contracting due to affordability issues, says Maruti Suzuki chairman R C Bhargava

As per data provided by SIAM, the sales of minicars in the domestic market declined by 15.5 percent to 66,000 units during April-September 2024 period from 78,170 units in the same period last year.

Maruti Suzuki saw double-digit festive sales growth but demand is a worry

Maruti Suzuki said it has been calibrating production to reduce dealer inventory, which had reached well over 30 days, and the measures will start showing results from the end of this month.

Despite trimmed wholesale despatches by carmakers, dealers' inventory swells to 7.5 lakh units

According to FADA president Manish Raj Singhania, while there has been some reduction in factory despatches by a few carmakers, the tentative wholesale figure is turning out to be higher than the actual retail numbers.

Passenger vehicle dealers saddled with inventory worth Rs 73,000 crore countrywide, claims FADA

The auto retail body has said that the vehicle stockpile has climbed to 70-75 days now as against the ideal inventory of 30-35 days.

PV sales rise 10% in July on new launches, enhanced discounts: FADA

Total passenger vehicle retail sales rose to 320,129 units in July, as compared to 290,564 units in July 2023.

Carmakers will take corrective action to cut inventory levels at their dealers: SIAM

FADA had earlier retail body stated that PV inventories have reached levels of 65-67 days of sales.

Excise cut likely to impact Q4 margins of OEMs

According to industry sources the current inventory size for the passenger vehicle segment alone could be between 230 thousand and 250 thousand units, and the back of the envelope calculation of the excise impact comes to about Rs 400 and 450 crore.

Sabero Organics to perform better in future: Coromandel

Commenting on Sabero Organics subsidiary's good Q2 performance, Kapil Mehan of Coromandel International says there is further scope for improvement because the company aims at targeting 85% capacity utilisation from the current 65%.

Festivals to boost sales, price cut unlikely: Ansal Prop

Ansal Properties feels that demand may see a boost on the back of festive season going forward. However, prices may not see a reduction as input costs are high and supply needs to improve, Dinesh Gupta, COO of Ansal Properties told CNBC-TV18.