From slowdown to lockdown: India’s car sales plunge
4 years, 9 months ago

From slowdown to lockdown: India’s car sales plunge

Live Mint  

Automakers in India saw a steep fall in sales in March as a slowdown in demand was exacerbated by shutdowns in production due to the coronavirus pandemic. The government last week sent India into a 21-day lockdown to try to curb the spread of the virus, forcing automakers such as Maruti Suzuki, Mahindra & Mahindra, Ford Motor Co, Toyota Motor Corp and Hyundai Motor Co to suspend manufacturing. Tata said in future it would report sales numbers once a quarter instead of monthly to "avoid needless short term volatility" and help investors "focus on the long term drivers of the business". Last fiscal year, India's Nifty auto index tumbled nearly 44% as slowing economic growth and the rising cost of car ownership made consumers reluctant to spend and auto sales hit record lows. Toyota said total sales in March fell 59% to 8,022 vehicles while Hyundai, India's second-largest carmaker, sold 32,279 vehicles - a 47% drop compared with a year earlier.

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History of this topic

Car Sales Growth Slows To 5% In 2024, Marking Slowest Expansion In 4 Years
Trending News
1 week ago

Car Sales Growth Slows To 5% In 2024, Marking Slowest Expansion In 4 Years

ABP News  

Car sales growth slowed to approximately 5 per cent in 2024, marking the slowest expansion rate in four years and highlighting the challenges faced by companies in urban markets. Early estimates indicate that the industry concluded 2024 with sales of around 43 lakh units, up from 41.1 lakh units in 2023, with SUVs accounting for 54 per cent of the …

Auto stocks surge up to 7% on robust December sales; Eicher Motors leads the rally
Trending News
1 week ago

Auto stocks surge up to 7% on robust December sales; Eicher Motors leads the rally

Live Mint  

Stock market today: Indian auto stocks experienced strong demand in today's trading session, as investors responded positively to the December sales data, particularly strong numbers from the PV segment, prompting brokerages to maintain a positive outlook on the sector. In terms of PV sales, Maruti Suzuki led in 2024 as the country's leading car manufacturer sold 178,248 car units in …

Automakers drive India’s blue-chips higher in first session of 2025
1 week, 1 day ago

Automakers drive India’s blue-chips higher in first session of 2025

Live Mint  

By Bharath Rajeswaran Jan 1 - India's benchmark indexes rose on the first day of 2025, led by auto stocks that were boosted by a rise in monthly sales for top carmaker Maruti Suzuki and peer Mahindra & Mahindra. India's blue-chip indexes rose to record highs early in 2024 but slowing corporate earnings and an exodus of foreign funds curtailed …

Mint Quick Edit | Car sales seem stuck in second gear
Trending News
4 weeks, 2 days ago

Mint Quick Edit | Car sales seem stuck in second gear

Live Mint  

Close on the heels of a surprisingly weak gross domestic product growth reading, automobile sales data, seen as a an important indicator of economic activity in India, has spelt another round of disappointment. Retail sales of passenger vehicles in November fell 14% from a year earlier, according to data issued by the Federation of Automobile Dealers Associations on Monday. This …

Passenger vehicle sales slide in November as stock pile-up in showrooms persists
1 month ago

Passenger vehicle sales slide in November as stock pile-up in showrooms persists

Live Mint  

New Delhi: Retail sales of passenger vehicles fell 13.72% year-on-year in November, reflecting subdued post-festive demand and lingering inventory challenges, according to data released by the Federation of Automobile Dealers Associations on Monday. Overall retail sales of vehicles across categories rose more than 11% to 32,08,719 units in November, from 28,85,317 units a year ago, lifted by a near 16% …

This carmaker exported 3 times its domestic sales in November. Not Maruti, Hyundai, Tata
1 month ago

This carmaker exported 3 times its domestic sales in November. Not Maruti, Hyundai, Tata

India Today  

Nissan Motor India has announced that it recorded cumulative wholesales of 9,040 units in November, selling 2,342 units in the domestic market and exporting 6,698 units. "It's a matter of great pride for all of us at Nissan Motor India to see our brand crossing the 5,00,000 domestic sales milestone. This remarkable feat reflects the continued trust our customers have …

Hyundai Motor India to raise car prices by up to ₹25,000 across models from January 2025 due to rising costs
1 month ago

Hyundai Motor India to raise car prices by up to ₹25,000 across models from January 2025 due to rising costs

Live Mint  

Hyundai Motor India on December 5 said that it will hike prices of all its cars by up to ₹25,000 from January 2025, due to rising costs impacting profitability, according to a Reuters report. “At Hyundai Motor India, our endeavor is always to absorb rising costs to the extent possible, ensuring minimal impact on our customers. About Hyundai Motor India …

Maruti Suzuki, Tata Motors, and M&M post PV sales growth YoY in Nov; Hyundai records decline
1 month, 1 week ago

Maruti Suzuki, Tata Motors, and M&M post PV sales growth YoY in Nov; Hyundai records decline

Deccan Chronicle  

India's passenger vehicle market witnessed varied performance across major automakers in November 2024.While Maruti Suzuki, Mahindra & Mahindra, and Tata Motors posted year-on-year growth, Hyundai faced challenges in its domestic market.Maruti Suzuki, the country's largest carmaker, reported strong growth in total passenger vehicle sales, reaching 141,312 units during the month. However, the company's sales in October 2024 were higher at …

Hyundai India struggles to steer past margin woes
1 month, 2 weeks ago

Hyundai India struggles to steer past margin woes

Live Mint  

Hyundai Motor India Ltd’s lukewarm stock market debut in October was followed by an equally underwhelming maiden quarterly performance. Read this | Maruti Suzuki banks on SUVs, CNG models to beat demand blues Hyundai India’s management anticipates low single-digit growth in the domestic passenger vehicle industry in FY25, citing a high base for previous year and ongoing near-term macroeconomic challenges. …

Nifty Auto stocks lose nearly ₹6 lakh crore in market cap amid recent selloff
1 month, 3 weeks ago

Nifty Auto stocks lose nearly ₹6 lakh crore in market cap amid recent selloff

Live Mint  

Indian auto stocks have been among the biggest casualties of the recent market sell-off. At its peak, the market capitalisation of Tata Motors stood at ₹4.33 lakh crore when the stock reached an all-time high of ₹1,179 per share. Similarly, Bajaj Auto's market capitalisation touched ₹3.56 lakh crore when its stock hit a record high of ₹12,774 apiece in late …

Hyundai Motor India profit drops 16% in Q2 as domestic sales, exports fall
1 month, 4 weeks ago

Hyundai Motor India profit drops 16% in Q2 as domestic sales, exports fall

Live Mint  

New Delhi: Hyundai Motor India Ltd, the country’s second-largest automaker, posted a 16% decline in its second-quarter net profit following its public listing last month, hurt by weak domestic demand and the Red Sea crisis that subdued exports. Domestic sales In the September quarter, Hyundai Motor India saw domestic sales fall 5.7% to 1.49 lakh units, while exports slid 17% …

Tata Motors Q2 net profit falls 11% to Rs 3,343 crore
2 months ago

Tata Motors Q2 net profit falls 11% to Rs 3,343 crore

Deccan Chronicle  

PUNE: Tata Motors, India’s biggest automaker’s consolidated net profit for the July-September quarter fell 11 per cent on-year to Rs 3,343 crore, driven by weak performance at its Jaguar Land Rover unit and in its commercial vehicles segment. Its consolidated revenue also dropped 3.5 per cent to Rs 1.01 lakh crore, largely impacted by lower sales volumes. Meanwhile, Tata Motors' …

Vivek Kaul: Why the stockmarket wallahs are suddenly worried about the economy
2 months ago

Vivek Kaul: Why the stockmarket wallahs are suddenly worried about the economy

Live Mint  

The Indian economy has had a consumption problem for a while now. In the limited experience of the OPM wallahs, the Indian economy was doing well because the companies listed on the stock exchanges were doing well. Let’s now take a look at the growth in GST collections—a favourite among the OPM wallahs when they wanted to tell us that …

Kia India Reports Impressive Sales Figures, Retails 22,520 Plus Units in August 2024
4 months, 1 week ago

Kia India Reports Impressive Sales Figures, Retails 22,520 Plus Units in August 2024

News 18  

The top car maker Kia has been receiving an overwhelming response from Indian customers, all thanks to tech-loading models. Recently, the company has recorded impressive sales figures, where it has managed to record On-Year growth of 17.19 percent. It has contributed massively to the overall sales, retailing over 10,073 units, followed by the updated Seltos with 6,536 units, while MPV …

Hyundai Motor breaks sales records in India as IPO looms
6 months ago

Hyundai Motor breaks sales records in India as IPO looms

India TV News  

Hyundai Motor, South Korea's top automaker, achieved record-breaking sales in India during the first half of 2024, according to industry data released on Sunday. According to data from the Federation of Automobile Dealers Associations of India, Hyundai sold 272,207 units in India from January to June this year, up 2 per cent compared to the 266,760 units sold in the …

Car sales grew by four per cent in May to 3.50 lakh units
7 months, 1 week ago

Car sales grew by four per cent in May to 3.50 lakh units

New Indian Express  

MUMBAI: Passenger vehicle sales during the month of May were in the slow lane as buyers’ sentiments were impacted by general elections and extreme heat waves. Maruti Suzuki reported that its domestic PV sales rose marginally to 1,44,002 units last month from 1,43,708 units in the year-ago period. Secondly, there were elections and the scorching temperatures also had an impact …

Tata Motors share price: Why did automaker giant's stock plunge by 9%?
7 months, 3 weeks ago

Tata Motors share price: Why did automaker giant's stock plunge by 9%?

Hindustan Times  

Tata Motors share price: Tata Motors witnessed a major decline in its shares, plummeting around 9 per cent, following disappointing March quarter earnings that failed to impress investors. Tata Motors Tata Motors share prices The 30-share BSE Sensex was down by 161 points at 72,504, while the NSE Nifty was quoted 35 points lower at 22,022. Tata Motors experienced a …

India’s Auto Retail Clocks Robust 27% Growth in April
8 months ago

India’s Auto Retail Clocks Robust 27% Growth in April

Deccan Chronicle  

Pune: The automobile retail sales surged 27 per cent in April, the first month of this fiscal, to 2.2 million units compared to the year before, the Federation of Automobile Dealers Associations or FADA said on Wednesday. “The passenger vehicle category experienced double-digit year-on-year growth, supported by enhanced model availability and favourable market sentiments, particularly around festive events like Navratri …

Car Sales In April Rise Marginally To 3.38 Lakh Units
8 months, 1 week ago

Car Sales In April Rise Marginally To 3.38 Lakh Units

Deccan Chronicle  

After a record all-time high numbers in fiscal 2024, passenger vehicle wholesales during April grew marginally 1.76 per cent year-on-year at 3,38,341 units due to high base of last year and lukewarm retails during the electioneering season in the country. Tata Motors, the third-ranked passenger vehicle maker’s wholesales also grew 2 per cent at 47,983 units as against 47,107 units …

Carmakers post higher March sales, end fiscal 2024 at record levels
9 months, 1 week ago

Carmakers post higher March sales, end fiscal 2024 at record levels

Deccan Chronicle  

Top car makers in India such as Maruti Suzuki, Hyundai Motor, Tata Motors, Mahindra & Mahindra and Toyota Kirloskar Motor reported higher car sales in March and the automakers ended fiscal 2024 with record sales figures, monthly data from the companies showed on Monday.Every month, automobile makers release wholesale from their factory gates to dealers.The auto sector carries more than …

Luxury car sales could breach 50,000 units mark for first time ever in 2024: Audi India head
9 months, 1 week ago

Luxury car sales could breach 50,000 units mark for first time ever in 2024: Audi India head

Hindustan Times  

New Delhi, Luxury car sales in India could cross the milestone of 50,000 units for the first time in a year in 2024 amid growing demand for such models, according to Audi India head Balbir Singh Dhillon. HT Image The overall domestic luxury car segment grew by 28 per cent annually last year to record sales volume of around 48,500 …

Tata Motors sales rise 8% to 86,406 units in February; PV sales up 19% YoY
10 months, 1 week ago

Tata Motors sales rise 8% to 86,406 units in February; PV sales up 19% YoY

Live Mint  

Tata Motors reported an 8.4% rise in its total wholesales to 86,406 units in February as compared with 79,705 units in the same month last year. The automobile major’s total domestic sales stood at 84,834 units last month as against 78,006 units last month, a growth of 9%. Tata Motors’ passenger vehicles sales, including electric vehicles, in the domestic market, …

Entry-level cars below ₹5 lakh witness a sharp decline in demand
10 months, 4 weeks ago

Entry-level cars below ₹5 lakh witness a sharp decline in demand

Hindustan Times  

The demand for entry-level cars priced below ₹5 lakh has sharply declined among Indian customers. Substantial increase in the price of entry-level cars During the past five years, the prices of cars in the sub- ₹5 lakh segment have experienced a substantial increase of 65 per cent. On the contrary, cars priced between ₹7 to 8 lakh, such as Baleno, …

Hyundai Motor IPO: Automaker Still Undecided On Listing Indian Subsidiary
11 months ago

Hyundai Motor IPO: Automaker Still Undecided On Listing Indian Subsidiary

ABP News  

Hyundai Motor Corporation announced on Wednesday that it has yet to reach a decision regarding the listing of its Indian subsidiary. According to the previous report, the Hyundai Motor India IPO was slated to be launched around Diwali, spanning between September and November this year. In a regulatory filing, Hyundai Motor stated, "As a global company, we constantly review various …

TOP GEAR
11 months, 3 weeks ago

TOP GEAR

New Indian Express  

BENGALURU: The Indian automobile market roared to new heights in 2023, showcasing a robust growth trend. Recent figures reveal a groundbreaking milestone, with the annual passenger car market soaring past the 40 lakh mark for the first time — a remarkable 8 per cent surge compared to the previous year. Maruti Suzuki, a stalwart in the industry, accounted for nearly …

Hyundai India zooms past six lakh units sales milestone in 2023
1 year ago

Hyundai India zooms past six lakh units sales milestone in 2023

Live Mint  

Hyundai Motor India Ltd has revved into 2024, having achieved its highest-ever domestic sales in 2023, crossing the six-lakh milestone with 6,02,111 units sold. Commenting on this record-breaking achievement, Tarun Garg, COO, HMIL, said, “In the momentous year of 2023, Hyundai Motor India witnessed a watershed moment by achieving its highest-ever domestic sales of 6,02,111 units, achieving a respectable 9 …

November auto sales see spurt in sales
1 year, 1 month ago

November auto sales see spurt in sales

Deccan Chronicle  

Pune: Sales of passenger vehicles continued on an impressive run in November with major automakers posting a rise in sales except Tata Motors, which clocked a marginal drop in sales. Sales of passenger vehicles at Maruti Suzuki, India’s biggest carmaker grew 1.33 per cent at 1,34,158 units last month compared to 1,32,395 units in November 2022. “Seven out of top …

Pakistan logs only 6,200 car sales in Sept, even less than 2% of India’s tally
1 year, 1 month ago

Pakistan logs only 6,200 car sales in Sept, even less than 2% of India’s tally

Hindustan Times  

Car sales in neighbouring Pakistan continue to decline as only around 6,000 cars were sold in September. Representative Image According to Pakistan Automotive Manufacturers Association car sales data for October, only 6200 units were sold in Pakistan, down from September's 8400 units, HT Auto reported. PAMA records indicate a significant 44 per cent decline in sales for the first four …

Hyundai Motor India On Path To Achieve 60% Of Total Sales Target For The Year, Led By SUVs: COO Tarun Garg
1 year, 2 months ago

Hyundai Motor India On Path To Achieve 60% Of Total Sales Target For The Year, Led By SUVs: COO Tarun Garg

ABP News  

Hyundai Motor India Ltd is set to achieve 60 per cent of it’s total domestic sales from SUVs this year, company COO Tarun Garg said. In a conversation with PTI, Garg said, “We will end up with more than 60 per cent at the end of the year which is what we said at the beginning of the year.We are …

Festive demand drives SUV sales to record high in October
1 year, 2 months ago

Festive demand drives SUV sales to record high in October

Deccan Chronicle  

Pune: Sales of passenger vehicles in India rose in double-digits to record levels last month with car makers ramping up dispatches from factory gates to dealerships to meet robust demand during this festive season. Similarly, Hyundai Motor, India’s second largest car maker, saw its sales growing by 14.84 per cent year-on-year at 55,128 units last month. Domestic sales at Tata …

Auto sales on growth track riding on demand for SUVs
1 year, 7 months ago

Auto sales on growth track riding on demand for SUVs

The Hindu  

Automakers led by Maruti Suzuki India, Hyundai, Mahindra & Mahindra, and Toyota Kirloskar Motor on Thursday reported robust wholesales of passenger vehicles in the domestic market in May riding on strong demand for SUVs. Market leader Maruti Suzuki India reported a 15% rise in total domestic passenger vehicle sales at 1,43,708 units as compared with 1,24,474 units in the same …

April auto retail slows as two-wheelers drag
1 year, 8 months ago

April auto retail slows as two-wheelers drag

Live Mint  

NEW DELHI : Retail automobile sales declined by 4% in April due to a drop in two-wheeler sales, particularly entry-level models, according to data from the Federation of Automobile Dealers Associations. FADA reported a decline in two-wheeler and passenger vehicle sales due to decreased consumer demand, with the entry-level two-wheeler segment seeing a 19% drop compared to the pre-covid month …

Tata Motor total sales down by 4% to 69,599 units in April 2023
1 year, 8 months ago

Tata Motor total sales down by 4% to 69,599 units in April 2023

Live Mint  

Tata Motors Limited on Monday announced its total wholesales sales for the April 2023 period. It's total wholesales declined by 4 per cent to 69,599 units in April, as compared with the same month last year. The auto major said its total domestic sales declined by 4 per cent to 68,514 units last month, as compared with 71,467 units in …

India’s economy signals resilience even as exports dim outlook
1 year, 8 months ago

India’s economy signals resilience even as exports dim outlook

Live Mint  

India’s economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that’s surpassing China as the most populous nation. Last week, India’s Finance Minister Nirmala Sitharaman said her government was making “enough efforts” to ensure the economy stays buoyant though she expressed concern over the OPEC output …

From Maruti Suzuki to Tata Motors - A look at vehicle sales in March
1 year, 9 months ago

From Maruti Suzuki to Tata Motors - A look at vehicle sales in March

Live Mint  

As the financial year comes to an end, several automobile companies have posted their sale records for the month of March. Total two-wheelers sales grew 5% last month to 3,07,559 units while domestic two-wheeler sales rose 22% to 2,40,780 units. Kia India Automaker Kia India said on Saturday that its sales wholesales had declined by 5% to 21,501 units last …

Retail Auto Sales See Double-Digit Growth In February On Strong Demand
1 year, 10 months ago

Retail Auto Sales See Double-Digit Growth In February On Strong Demand

ABP News  

India's automobile retail sales registered a double-digit year-on-year growth in February driven by robust sales across segments, including passenger vehicles and two-wheelers, automobile dealers' body Federation of Automobile Dealers Associations said on Monday. According to the FADA release, total registrations across segments rose 16 per cent YoY to 17,75,424 units last month, as compared to 15,31,196 vehicles in February 2022. …

Electric passenger vehicles retail sales decline 10.51 pc in Jan
1 year, 11 months ago

Electric passenger vehicles retail sales decline 10.51 pc in Jan

Deccan Chronicle  

Mumbai: Electric passenger vehicles retail sales declined by 10.51 per cent sequentially to 3,346 units in January 2023 over 3,739 vehicles sold in December last year, according to automobiles body FADA. Tata Motors's electric PV sales were down 17 per cent at 2,426 vehicles in January as against 2,926 units delivered in December 2022. BYD India reported 164 per cent …

Carmakers begin 2023 on a strong note, post handsome growth in domestic volumes in January
1 year, 11 months ago

Carmakers begin 2023 on a strong note, post handsome growth in domestic volumes in January

India Today  

After a stupendous performance in 2022, during which the passenger vehicle industry witnessed its highest-ever domestic volumes in a calendar year, the carmakers have begun 2023 on a strong note, posting handsome growth in domestic wholesale despatches in January on the back of robust customer demand and relatively better semiconductor supply leading to higher production. The domestic wholesales of Hyundai …

India is 3rd biggest auto market now. What do the numbers reveal?
1 year, 11 months ago

India is 3rd biggest auto market now. What do the numbers reveal?

Live Mint  

The automobile sector, which was bogged down for months by the semiconductor shortage last year, is slowly coming out of the woods with easing supply-chain constraints. With vehicle sales topping 4.5 million in 2022, India became the world’s third-largest automotive market, beating Japan, Nikkei Asia reported earlier this month. Budget may put India's missing middle in Ayushman Bharat UPI for …

Kia, Tata Motors, Hyundai expect their sales to grow in 2023
1 year, 11 months ago

Kia, Tata Motors, Hyundai expect their sales to grow in 2023

Live Mint  

Tata Motors, Kia India and Hyundai are expecting sales momentum to continue this year as well after witnessing robust growth in dispatches to dealers in the last year while pressure remains of a high base effect, inflation and higher interest costs. Shailesh Chandra, Managing Director - Passenger Vehicle and Electric Vehicles, Tata Motors told PTI in an interaction, "It will …

The week in 5 charts | Joshimath land subsidence, 2022 sixth-warmest year, invasion of the Brazilian Congress, and more
1 year, 11 months ago

The week in 5 charts | Joshimath land subsidence, 2022 sixth-warmest year, invasion of the Brazilian Congress, and more

The Hindu  

Joshimath land subsidence Joshimath, the gateway to Uttarakhand’s holy places, is sinking. According to NASA, last year was the world’s joint fifth-warmest on record and the last nine years were the nine warmest since pre-industrial times, putting the 2015 Paris Agreement’s goal to limit global warming to 1.5C in serious jeopardy. India’s sales of new vehicles totalled at least 4.25 …

Big automakers halt production in pauper Pakistan as India surges past Japan as 3rd largest auto market
1 year, 11 months ago

Big automakers halt production in pauper Pakistan as India surges past Japan as 3rd largest auto market

Firstpost  

New Delhi/Islamabad: Days after India surpassed Japan to become the third largest auto market, neighbouring Pakistan recorded a steep decline in auto sales with manufacturers forced to shut down production owing to reduced demand and ‘cash flow constraints’. On the other hand, Pakistan’s biggest agricultural machinery manufacturer, Millat Tractors Limited has announced that its production will remain closed until further …

Tata Motors to hike commercial vehicles prices by up to 2% from Jan
2 years ago

Tata Motors to hike commercial vehicles prices by up to 2% from Jan

Live Mint  

Tata Motors on Tuesday said it will increase the price of its commercial vehicles by up to 2% from January 2023 across its range, depending upon individual models and variants. This is the third time that Tata Motors has hiked the prices of its commercial vehicles this year. Earlier this month, Tata Motors said its sales in the domestic and …

Tata Motors' total sales up 15.5% to 78,335 units in October: Report
2 years, 2 months ago

Tata Motors' total sales up 15.5% to 78,335 units in October: Report

Hindustan Times  

Tata Motors on Tuesday reported a 15.49 per cent rise in total sales at 78,335 units in October 2022. Passenger vehicle sales, including electric vehicles, in the domestic market were at 45,423 units as compared to 34,155 units in the same month last year, up 33 per cent. Total domestic sales were at 76,537 units as against 65,151 units in …

Passenger vehicle segment expected to touch record sales this fiscal: Maruti
2 years, 2 months ago

Passenger vehicle segment expected to touch record sales this fiscal: Maruti

Hindustan Times  

Maruti Suzuki India Limited chairman RC Bhargava said on Friday that the passenger vehicle segment in India is expected to touch record sales this fiscal and follow it up in FY24 with an 8 per cent growth. Addressing a virtual presser on MSIL's second-quarter earnings, Bhargava said that several factors including the easing of semiconductor shortage are propelling automobile sales …

Auto retail sales in India rose 11% in Sept; better outlook for Oct: Report
2 years, 3 months ago

Auto retail sales in India rose 11% in Sept; better outlook for Oct: Report

Hindustan Times  

The Federation Of Automobile Dealers Associations said on Tuesday that automobile retail sales in the country rose 11% last month as better supplies from manufacturers enabled dealers to ramp up customer deliveries amid the festive season. Maruti Suzuki India led the passenger vehicle segment with retails of 1,03,912 units in September as compared to 99,276 units in the year-ago period. …

Kia India releases figures for September, sales rise 79% from last year
2 years, 3 months ago

Kia India releases figures for September, sales rise 79% from last year

Hindustan Times  

Kia Motors India has released its sales figures for September. As per a report in HT's sister publication Live Hindustan, the India arm of the South Korean automobile giant sold 25,857 units last month, up from 14,441 units in September 2021, an increase of 79 per cent or 11,416 units. Overall, Seltos sales accounted for 42.54 per cent among all …

Auto sales on ascending track riding on festival cheer, smooth chip supplies
2 years, 3 months ago

Auto sales on ascending track riding on festival cheer, smooth chip supplies

The Hindu  

Robust festival demand, coupled with better production due to easing of semiconductor supplies, helped the domestic passenger vehicle industry post its best-ever monthly sales performance in September. The country's largest carmaker Maruti Suzuki India said its total domestic passenger vehicle wholesales stood at 1,48,380 units last month as compared to 63,111 units a year earlier. Tata Motors Passenger Vehicles managing …

What is Indian auto industry's India@100 vision? Automobile body chief replies
2 years, 3 months ago

What is Indian auto industry's India@100 vision? Automobile body chief replies

Hindustan Times  

The Society of Indian Automobile Manufacturers has said that India's automobile industry aims to be among the top two global producers in every segment of vehicles over the next 25 years. The domestic automobile industry has been going through a long-term, deep structural slowdown even before the Covid pandemic surfaced, Kenichi Ayukawa "Industry has prepared a vision statement for India …

How Maruti sped past Hyundai in global race
2 years, 3 months ago

How Maruti sped past Hyundai in global race

Live Mint  

For a first-time Indian visitor to Johannesburg, there is much that is new and striking—from its swanky cafes and art galleries to wildlife parks and the grime of its shanty towns. The compact SUV is manufactured in Maruti Suzuki India Ltd’s Haryana factory —and shipped nearly 10,000 km away to South Africa, where it has quickly become a bestseller. “Our …

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