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  • Volkswagen's 2023 sales outlook blows past forecast, shares soar March 06, 2023 08:08 AM IST

    Volkswagen's 2023 sales outlook blows past forecast, shares soar

    The carmaker's outlook, which comes after preliminary 2022 results published last month, also foresees a strong recovery of vehicle deliveries to 9.5 million, an increase of more than 14% year-on-year.

  • VE Commercial Vehicles total sales up 24% in February March 01, 2023 07:40 PM IST

    VE Commercial Vehicles total sales up 24% in February

    The company, a joint venture of the Volvo Group and Eicher Motors, had sold 5,856 units in February 2022, VE Commercial Vehicles (VECV) said in a statement.

  • NMDC iron ore output grows 4% in Feb; sales drop 4.78% March 01, 2023 07:10 PM IST

    NMDC iron ore output grows 4% in Feb; sales drop 4.78%

    Sales of iron ore declined by 4.78 per cent to 3.78 MT in February 2023 compared to 3.97 MT in the same month of last year, according to an exchange filing.

  • Royal Enfield sales up 21% in February March 01, 2023 07:00 PM IST

    Royal Enfield sales up 21% in February

    The company had sold 59,160 units a year ago, Royal Enfield said in a statement.

  • TVS Motor records 1.97% dip in sales in February March 01, 2023 06:51 PM IST

    TVS Motor records 1.97% dip in sales in February

    The city-headquartered company had sold 2,81,714 units during the corresponding month of last year. Total two-wheeler sales in February 2023 marginally fell to 2,67,026 units from 2,67,625 units recorded in the same month of last year.

  • Ashok Leyland sees 32% jump in sales in Feb 2023 March 01, 2023 03:51 PM IST

    Ashok Leyland sees 32% jump in sales in Feb 2023

    The heavy commercial vehicle maker had registered sale of 13,281 units during the corresponding month of last year, a company statement said.

  • Mahindra sales up 8% to 58,801 units in February March 01, 2023 03:18 PM IST

    Mahindra sales up 8% to 58,801 units in February

    The company’s total dispatches to its dealers stood at 54,455 units in February 2022.

  • Maruti Suzuki sales up 5% in February at 1,72,321 units March 01, 2023 01:40 PM IST

    Maruti Suzuki sales up 5% in February at 1,72,321 units

    Domestic wholesales rose 11 per cent to 1,55,114 units as compared with 1,40,035 units in February last year, the automaker said in a regulatory filing.

  • Bajaj Auto sales dip 11% in February on export woes March 01, 2023 11:48 AM IST

    Bajaj Auto sales dip 11% in February on export woes

    The Pune-based company had dispatched 3,16,020 units to its dealers in February 2022.

  • Pain points ease for pharma companies, but no earnings upgrades yet February 23, 2023 11:57 AM IST

    Pain points ease for pharma companies, but no earnings upgrades yet

    Raw material cost inflation eased and US revenues grew at most large drug firms in the December 2022 quarter

  • Wheat prices fall from January record as government sales reach physical markets February 22, 2023 04:42 PM IST

    Wheat prices fall from January record as government sales reach physical markets

    The Food Ministry has held meeting with millers, food associations, packaged food makers and advised them to cut prices of atta and atta-made products – efforts that have had an impact at the wholesale level and will soon reflect in retail prices.

  • Website creator Wix.com sees strong sales in 2023 after Q4 profit February 22, 2023 03:40 PM IST

    Website creator Wix.com sees strong sales in 2023 after Q4 profit

    The Israeli company said it earned 61 cents per share excluding one-time items, compared with a loss of 34 cents per share a year earlier. Revenue grew 6% to $355 million and was up 9% to $1.4 million in all of 2022.

  • Two-wheeler sales cross 1 lakh mark in 45 days this year, but industry body SMEV not impressed February 20, 2023 12:31 PM IST

    Two-wheeler sales cross 1 lakh mark in 45 days this year, but industry body SMEV not impressed

    Industry body the Society of Manufacturers of Electric Vehicles feels the number of two-wheeler electric sales for this year are underwhelming and could have been much higher. 

  • Mahindra & Mahindra tractor total sales rise 28% in January February 01, 2023 04:36 PM IST

    Mahindra & Mahindra tractor total sales rise 28% in January

    The company had posted a total of 22,682 unit of tractors in the year-ago period.

  • Electric two-wheeler sales to touch 22 million by 2030 February 01, 2023 09:07 AM IST

    Electric two-wheeler sales to touch 22 million by 2030

    The government has been the force behind EV adoption with schemes like FAME and PLI, which should be continued for the next few years, a report by Redseer Strategy Consultants has said

  • Economic Survey 2023: Housing prices firming up, unsold inventories decline January 31, 2023 05:01 PM IST

    Economic Survey 2023: Housing prices firming up, unsold inventories decline

    Real estate experts say that the Economic Survey 2022-2023 is upbeat about the sector

  • Gland Pharma’s streak of weak results should worry pharma investors January 25, 2023 09:35 AM IST

    Gland Pharma’s streak of weak results should worry pharma investors

    The stock’s valuation has compressed from around 40 times FY21 earnings to about 23 times the FY23 earnings estimated figure

  • Real estate sentiment score dips in Q4 on bleak global economic scenario January 24, 2023 01:54 PM IST

    Real estate sentiment score dips in Q4 on bleak global economic scenario

    Future Sentiment Score notches up in optimistic zone: Knight Frank-NAREDCO Real Estate Sentiment Index Q4 2022

  • Kia's made-in-India electric car to debut in 2025, says company official January 24, 2023 09:51 AM IST

    Kia's made-in-India electric car to debut in 2025, says company official

    Korean car maker Kia will not launch any new models in 2023. Seltos SUV will account for 4 out of every 10 vehicles sold, says Hardeep Brar, Vice-President and Head of Marketing and Sales

  • December retail sales fall 1.1% after slipping in November January 18, 2023 07:21 PM IST

    December retail sales fall 1.1% after slipping in November

    Retail sales fell 1.1% in December, following a revised 1% drop in November, the Commerce Department reported Wednesday. In October, retail sales ticked up 1.3%, helped by early holiday shopping.

  • Tata Motors, Kia, Hyundai expect sales momentum to continue in 2023 January 16, 2023 05:23 PM IST

    Tata Motors, Kia, Hyundai expect sales momentum to continue in 2023

    Tata Motors, which crossed the five lakh cumulative wholesale mark in 2022, is hopeful of robust performance this year on the back of new launches as well as better traction for its internal combustion engine models, electric vehicles and CNG trims.

  • Electric vehicles look poised for slower sales growth this year January 13, 2023 09:29 AM IST

    Electric vehicles look poised for slower sales growth this year

    Electric vehicle sales break records again, but the pace of growth slows.

  • Delhi-NCR housing sales jump 67% in 2022; half the units sold in H2 priced over Rs 1 crore  January 11, 2023 10:15 AM IST

    Delhi-NCR housing sales jump 67% in 2022; half the units sold in H2 priced over Rs 1 crore 

    Sales in Noida and Greater Noida hit by the limited availability of new inventory and lack of completed projects. Total unsold inventory in NCR crosses 1 lakh units. 

  • Mercedes expects double-digit growth in India in 2023 despite weak rupee January 08, 2023 06:44 PM IST

    Mercedes expects double-digit growth in India in 2023 despite weak rupee

    The German luxury carmaker's sales in India rose 41% last year to 15,822 cars, its highest ever in the country, and it has an order backlog of around 6,000 vehicles, Santosh Iyer, managing director for Mercedes-Benz India, told Reuters.

  • Macrotech Developers Q3 sales bookings up 16% at Rs 3,035 crore; pre-sales rise 62% in April-December to Rs 9,039 crore January 06, 2023 11:18 AM IST

    Macrotech Developers Q3 sales bookings up 16% at Rs 3,035 crore; pre-sales rise 62% in April-December to Rs 9,039 crore

    Macrotech Developers, which sells properties under the 'Lodha' brand, is one of the leading real estate developers of the country.