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Passenger vehicles recorded highest-ever sales this January says SIAM

In January 2023, total passenger vehicle sales grew 17.3% to 2.98 lakh units compared with 2.54 lak…

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2 mins read

Passenger vehicle retail sales dip 7% in June as heatwave curtails showroom visits

"Despite improved product availability and substantial discounts aimed at stimulating demand, m…

PTI   


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1 min read

Domestic commercial vehicle industry volumes expected to grow by 7-10 pc in FY24: Icra

The domestic commercial vehicle industry volumes are expected to grow by 7-10 per cent in FY2024, s…

PTI   


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Retail auto sales up 13% MoM in October, but high inventory levels in PV a concern

Retail auto sales in October grew by a healthy 13% month-on-month but declined 12.6% year-on-year, …

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Liquor bottle sales in Delhi rise 18% on year to 24 lakh on New Year's Eve

Delhi recorded sales of 24 lakh liquor bottles on New Year's Eve, registering a nearly 18 per cent …

PTI   


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No festive cheer for auto cos in March: PV sales ‘flattish’, 2Ws to see a slight uptick

The Indian auto sector could be looking at mixed performance in March due to a combination of errat…

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Maruti reports highest ever sales in August, Tata Motors and Bajaj Auto decline

Maruti Suzuki India on Friday reported its highest-ever monthly wholesales at 1,89,082 units i…

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5 mins read

Passenger vehicles to continue driving auto sales in February, EVs gain a stronghold

A robust demand for passenger vehicles (PVs) is expected to boost India’s auto sales numbers for th…

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4 mins read

As auto sales slip in July, dealers pin hopes on upcoming festive fervour

The Indian auto industry reported a 10% year-on-year increase in sales in July, just like the last …

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2 mins read

US stocks rise after soft retail sales data drives dovish Fed outlook

Indexes ticked higher as investors took in fresh data that showed weaker than expected retail sales…

Phil Rosen   


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Mixed demand trends for autos in November as festive boost wears off but signs of rural recovery visible

Indian auto companies are looking at mixed demand momentum after making merry post the festive seas…

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Stock market today: Stocks waffle after sell-off as traders mull tech weakness and GDP data

The US economy grew by 2.8% last quarter, much higher than expected. Traders will be assessing the …

Max Adams   


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Smooth ride for M&M in June but Bajaj and Hero Motocorp stutter

Toyota experienced a 19% surge in sales in June, while Kia India saw a 19% decline in sales volumes…

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Stock market today: Indexes rise as traders assess earnings and retail sales beat estimates

Consumer spending remained strong in June, reducing fears of a pullback that could trigger economic…

Filip De Mott   


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4 mins read

PV sales to shift gears courtesy festive season but 2-wheelers’ struggles to continue

The auto sector has been recovering, albeit slowly, after the pandemic. The second quarter of the c…

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Synology introduces new products aimed at data protection and scalability

On the sidelines of the Computex 2024, Taiwanese storage solutions provider Synology announced an a…

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6 mins read

Three wheelers see record sales as auto sector posts 9% growth between April-September

Three wheeler sales in the first half of the current financial year (FY24) have hit a record and be…

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Firm economic growth helped Indian automobile industry post 12.5% sales growth

Backed by robust economic growth and conducive government, the Indian automobile industry has poste…

ANI   


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May auto sales rise 10% but still below pre-Covid level with challenges in store

Electric vehicles (EVs) accounted for 8% of total vehicle retail in May, according to data from the…

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Retail automobile sales grow 9% in August, dealers maintain cautious optimism for festive season

Ahead of the festive season, retail sales of automobiles in August grew by 9% year-on-year (Y-o-Y).…