Passenger vehicle retail sales dip 9% to 2.16 lakh units in December: Industry body FADA
4 years, 11 months ago

Passenger vehicle retail sales dip 9% to 2.16 lakh units in December: Industry body FADA

Firstpost  

New Delhi: Automobile dealers’ body FADA on Tuesday said retail sales of passenger vehicles in December 2019 declined 9 percent to 2,15,716 units year-on-year, as even the best offers failed to lift weak consumer sentiments. Two-wheeler sales declined 16 percent to 12,64,169 units last month as compared with 15,00,545 units in December 2018. FADA President Ashish Harsharaj Kale said December sales de-growth was not on expected lines as the inquiry levels all through the month were quite robust. “FADA will work towards seeking relief from the Honourable Supreme Court for the BS-IV inventory of its members as with such weak consumer demand the near term retail sales are unpredictable, making it extremely difficult for our members to continue the current business and also ensure a nil BS-IV inventory on March 31,” Kale noted.

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History of this topic

December auto sales skid 12%: FADA
2 days, 11 hours ago

December auto sales skid 12%: FADA

The Hindu  

Automobile retail sales in December slid 12% year-on-year and 45.26% month-on-month, according to retail data released by The Federation of Automobile Dealers Associations, indicating a demand crunch in a slowing economy. The 2W segment which suffered a substantial drop of 17.6% y-o-y and 54.2% m-o-m was impacted by delayed crop payments, halted government disbursements and typical year-end factors, FADA said …

Passenger vehicle sales highest in Nov., up 4%, says SIAM
3 weeks, 6 days ago

Passenger vehicle sales highest in Nov., up 4%, says SIAM

Deccan Chronicle  

Pune: Passenger vehicle dispatches from automakers to their dealers in India rose 4.1 per cent on year to 3.48 lakh units in November with demand momentum sustaining post festive period, Society of Indian Automobile Manufactures or SIAM said on Friday. He said passenger vehicles posted their highest ever sales of November in 2024 of 3.48 lakh units, with a growth …

Mint Quick Edit | Car sales seem stuck in second gear
Trending News
1 month 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% …

Auto Retail Sales Up 11.21 PC in Nov on Robust 2-Wheeler Demand
Trending News
1 month ago

Auto Retail Sales Up 11.21 PC in Nov on Robust 2-Wheeler Demand

Deccan Chronicle  

Pune: Retail sales of automobiles in India jumped 11.21 per cent on year to 32,08,719 units in November, riding on robust two-wheeler demand, Federation of Automobile Dealers Associations or FADA said on Monday. Sales of two-wheelers soared 15.8 per cent to 26,15,953 units last month, as against 22,58,970 units in November 2023. FADA said the commercial vehicles sales also dropped …

Auto retail sales up 11.21 pc in Nov riding on two-wheeler demand: FADA
1 month ago

Auto retail sales up 11.21 pc in Nov riding on two-wheeler demand: FADA

Live Mint  

New Delhi, Dec 9 Retail sales of vehicles across categories in India grew by 11.21 per cent at 32,08,719 units in November, as compared to 28,85,317 units in the same month last year riding on two-wheeler demand, Federation of Automobile Dealers Associations said in Monday. Retail sales of two-wheelers were at 26,15,953 units last month, as compared to 22,58,970 units …

Vehicle retail sales rise 12 per cent to 43 lakh units during 42-day festive demand
1 month, 3 weeks ago

Vehicle retail sales rise 12 per cent to 43 lakh units during 42-day festive demand

Deccan Chronicle  

Pune: The total vehicle retail sales during the 42-day festive period this year jumped 12 per cent, reaching 42.88 lakh units as against 38.37 lakh units last year, the Federation of Automobile Dealers Associations or FADA said on Friday. "We witnessed a remarkable surge in numbers since the beginning of Navratri, nearly hitting our forecasted target with vehicles registered during …

45 lakh target missed, but new record set as 42.88 lakh vehicles sold in festive period
1 month, 3 weeks ago

45 lakh target missed, but new record set as 42.88 lakh vehicles sold in festive period

India Today  

The 42-day festive period in India, from October 3 till November 13, witnessed record retail sales of more than 42 lakh units driven by strong demand in the two-wheeler and passenger vehicle segments. The total vehicle sales, including those of two-wheelers, three-wheelers, commercial vehicles, passenger vehicles and tractors, jumped 11.8% at 42.88 lakh units in the 2024 festive period from …

Passenger vehicle, two-wheeler sales hit new high in October: Siam
1 month, 3 weeks ago

Passenger vehicle, two-wheeler sales hit new high in October: Siam

Deccan Chronicle  

Pune: Both passenger vehicles and two-wheelers wholesales hit a new high in October, driven by strong festive season demand, the Society of Indian Automobile Manufacturers SIAM data on Wednesday revealed. While passenger vehicle sales stood at 3,93,238 units, up 0.9 per cent from 3,89,714 units, the best ever in the month, SIAM said. Passenger Vehicles posted its highest ever sales …

Wholesale passenger vehicle sales grow marginally in October despite festival demand
1 month, 3 weeks ago

Wholesale passenger vehicle sales grow marginally in October despite festival demand

Live Mint  

Mumbai: India’s wholesale passenger vehicle sales grew marginally year-on-year to 3.93 lakh units in October despite two major festivals celebrated during the month. According to data released by the Society of Indian Automobile Manufacturers on Wednesday passenger vehicle sales grew 0.9% in October 2024, compared to the same period last year. Passenger vehicle sales grew 10% sequentially from the 3.57 …

Retail car sales jump 32% in Oct, inventory levels remain high
2 months ago

Retail car sales jump 32% in Oct, inventory levels remain high

Deccan Chronicle  

Pune: Retail car sales in India jumped 32.4 per cent in October, boosted by festive demand, especially for sports utility vehicles, as well as new model launches and heavy discount offers, but inventory levels remained high, the Federation of Automobile Dealers Association or FADA said on Wednesday. It said car dealers’ sales to customers rose to 4,83,159 units in the …

Domestic passenger vehicle wholesales dips 2.5% at 3,41,510 units in July: SIAM
4 months, 3 weeks ago

Domestic passenger vehicle wholesales dips 2.5% at 3,41,510 units in July: SIAM

Hindustan Times  

Passenger vehicle wholesales in India declined 2.5 per cent year-on-year to 3,41,510 units in July, impacted by high base effect as well as companies reducing vehicle dispatches to dealers amid moderation in demand. The overall passenger vehicle dispatches from companies to dealers stood at 3,50,355 units in July 2023, automobile industry body SIAM said on Wednesday. Utility vehicles continued to …

Domestic passenger vehicle wholesales dips 2.5% at 3,41,510 units in July: SIAM
4 months, 3 weeks ago

Domestic passenger vehicle wholesales dips 2.5% at 3,41,510 units in July: SIAM

Hindustan Times  

Passenger vehicle wholesales in India declined 2.5 per cent year-on-year to 3,41,510 units in July, impacted by high base effect as well as companies reducing vehicle dispatches to dealers amid moderation in demand. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The overall passenger vehicle dispatches from companies to dealers stood at 3,50,355 units in July 2023, automobile industry body SIAM said on Wednesday. …

Auto sales rise 14% in July, historic high inventory level causes concern: FADA
5 months ago

Auto sales rise 14% in July, historic high inventory level causes concern: FADA

The Hindu  

The Indian auto retail sector witnessed a double digit growth of 13.84% Year on Year in July 2024 backed by a robust 17.17% YoY growth in Two-Wheelers sales. “It is also crucial for the Reserve Bank of India to mandate financial institutions to implement stringent checks before releasing inventory funding, preferably requiring dealer consent or collaterals to prevent the escalation …

Sales of SUVs continue to soar; small cars fall
5 months, 4 weeks ago

Sales of SUVs continue to soar; small cars fall

Live Mint  

Growth in passenger vehicle sales moderated to 3% year-on-year at 1.03 million units in the first quarter of fiscal year 2024, with a steep 17.5% drop in sales of small cars sold during the quarter compared to the same period a year ago. SUVs constituted 63% of all passenger vehicle sales to 646,000 units in the June quarter, the highest …

Industry experts predict favourable outlook for auto industry, two-wheelers expected to lead
6 months ago

Industry experts predict favourable outlook for auto industry, two-wheelers expected to lead

Live Mint  

The Indian automotive industry has had a moderately positive beginning to the financial year, led by consumer sentiments and seasonal festivities. In Q1, CV dispatches grew in the mid-single digits owing to election year and lower business activity in tipper sales, with much of the growth driven by the M&HCV high tonnage vehicle and bus categories. Although overall production and …

Passenger vehicle sales fall 7% in June as heatwave curtails showroom visits: FADA
6 months ago

Passenger vehicle sales fall 7% in June as heatwave curtails showroom visits: FADA

Hindustan Times  

Indian passenger vehicle sales saw a 7% drop in June 2024 compared to June 2023 due to heatwaves resulting in 15% less showroom walk-ins, PTI wrote, citing data from the Federation of Automobile Dealers Associations. Sales of passenger vehicles dropped 7% in June 2024, compared to June 2023 How many vehicles were sold in June 2024 compared to June 2023? …

Two-wheeler sales yet to reach pre-Covid 19 levels, says auto industry body
8 months, 3 weeks ago

Two-wheeler sales yet to reach pre-Covid 19 levels, says auto industry body

Hindustan Times  

Passenger vehicles wholesales in India have touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent, industry body Society of Indian Automobile Manufacturers said. The vehicle sales across the categories surged by 12.5 per cent to 2,38,53,463 units in the period under review On the other hand, the overall passenger …

Retail Car Sales Rise 8.45% in FY24: FADA
9 months ago

Retail Car Sales Rise 8.45% in FY24: FADA

Deccan Chronicle  

Passenger vehicles retail sales in March declined by 6 per cent year-on-year, but rose 8.45 per cent in FY24, the Federation of Automobile Dealers Association said on Monday. PV retail sales in March dropped 6 per cent YoY at 3,22,345 units after a sustained increase in sales over the last few months. Singhania said, "Enhanced supply dynamics, strategic marketing efforts, …

Passenger vehicle wholesales surge 14 per cent YoY to 3.93 lakh units in January
10 months, 3 weeks ago

Passenger vehicle wholesales surge 14 per cent YoY to 3.93 lakh units in January

India TV News  

Domestic passenger vehicle wholesales surged by 14 per cent year-on-year to 3,93,074 units last month, marking the best-ever performance for January according to the Society of Indian Automobile Manufacturers. Two-wheeler wholesales also witnessed significant growth, rising by 26 per cent to 14,95,183 units last month, compared to 11,84,376 units in January of the previous year. Vinod Aggarwal, President of SIAM, …

Record Car Retail Sales Rise 13.3% to 3,93,250 Units in January: FADA
10 months, 3 weeks ago

Record Car Retail Sales Rise 13.3% to 3,93,250 Units in January: FADA

Deccan Chronicle  

Pune: The Indian automakers' passenger vehicle retail sales, the barometer of the Indian economy, jumped 13.3 per cent in January 2024 to 3,93,250 units, an all-time high retail sales, due to robust demand for the sports utility vehicles or SUVs, the Federation of Automobile Dealers Associations or FADA said on Tuesday. Singhania said improved vehicle availability, due to adjustments post-OBD …

Strong SUV offtake, wedding season drive PV retail sales to record high in January: FADA
10 months, 3 weeks ago

Strong SUV offtake, wedding season drive PV retail sales to record high in January: FADA

The Hindu  

“Passenger vehicle retail sales rose to a record high in January driven by robust demand for sports utility vehicles,” dealers’ body FADA said on February 13. Passenger vehicle sales rose to 3,93,250 units last month, registering a jump of 13% from 3,47,086 units sold in January 2023. “Improved vehicle availability, due to adjustments post-OBD 2 norm implementation, the introduction of …

Passenger vehicle sales surge to record high in January led by robust SUV demand, wedding season: FADA
10 months, 4 weeks ago

Passenger vehicle sales surge to record high in January led by robust SUV demand, wedding season: FADA

India TV News  

Passenger vehicle retail sales surged to an all-time high in January, fueled by strong demand for sports utility vehicles and the ongoing wedding season, according to the Federation of Automobile Dealers Associations. Last month, passenger vehicle sales reached 393,250 units, marking a notable increase of 13 per cent from 347,086 units recorded in January 2023. However, three-wheeler retail sales surged …

Passenger vehicle sales reach all-time high in Nov, says Siam
1 year ago

Passenger vehicle sales reach all-time high in Nov, says Siam

Deccan Chronicle  

Pune: Total domestic Indian automobile wholesales, dispatches from factory gates to dealers clocked a robust growth in November on a year-on-year basis, led by festival season sales. The passenger vehicle sales achieved its highest-ever mark in November reaching 3.34 lakh units, a growth of 4 per cent. Three-wheeler wholesale dispatches rose by 31 per cent year-on-year to 59,738 units last …

Automobile retail sales declined 8% in October
1 year, 2 months ago

Automobile retail sales declined 8% in October

Deccan Chronicle  

PUNE: Total retail sales of automobiles in India declined by 8 per cent year-on-year in the festive month of October due to Shraddh period which marked first half of last month, when people largely stay away from big-ticket purchases, data released by the Federation of Automobile Dealers Associations or FADA) showed on Monday. FADA said retail sales of two-wheelers dropped …

Entry-level vehicles’ share in PV sales hits record low
1 year, 2 months ago

Entry-level vehicles’ share in PV sales hits record low

Live Mint  

New Delhi: The small car segment, which includes micro and mini cars, saw a record decrease in its share of passenger vehicle sales during the second quarter, pointing towards a notable shift in consumer preferences. The continuous downslide in these large automotive segments which represent a vast majority of the Indian consumer seeking upward social mobility shows that the pick-up …

Auto sector sees 9% growth in H1 FY24, fueled by record passenger vehicle, three-wheeler sales: FADA
1 year, 2 months ago

Auto sector sees 9% growth in H1 FY24, fueled by record passenger vehicle, three-wheeler sales: FADA

India TV News  

Automobile retail sales in India experienced a significant year-on-year increase of 9% during the April-September period of the current fiscal year, primarily driven by a record number of registrations for passenger vehicles and three-wheelers, according to a report from the Federation of Automobile Dealers Associations. Robust growth across all segments Total registrations for the April-September period in the current fiscal …

Automobile retail sales jump 20% in Sept. as demand soars in festive season
1 year, 3 months ago

Automobile retail sales jump 20% in Sept. as demand soars in festive season

The Hindu  

Automobile retail sales in India surged over 20% in September as demand soared across vehicle segments with the onset of festival season, dealer's body FADA said on Monday. Overall automobile registrations rose to 18,82,071 units last month from 15,63,735 units in September 2022, the Federation of Automobile Dealers Associations said in a statement. The year-on-year analysis reveals broad-based growth across …

Auto retail sales soar over 20% in September, FADA predicts thriving festive season
1 year, 3 months ago

Auto retail sales soar over 20% in September, FADA predicts thriving festive season

India TV News  

In a positive turn of events for the Indian automotive sector, retail sales of automobiles experienced a robust surge, exceeding 20 percent in the month of September. Two-wheeler sales displayed an impressive growth rate of 22 percent, three-wheeler retail sales soared by 49 percent, passenger vehicle sales saw a notable uptick of 19 percent, and the commercial vehicle sector reported …

Domestic passenger vehicle wholesales rise 2.94% in July: SIAM
1 year, 4 months ago

Domestic passenger vehicle wholesales rise 2.94% in July: SIAM

The Hindu  

Domestic passenger vehicles wholesales registered a 2.94 per cent year-on-year increase in July at 3,02,521 units, the Society of Indian Automobile Manufacturers said on Thursday. As per the latest data issued by SIAM, dispatches of passenger vehicles from manufacturers to dealers were at 2,93,865 units in July 2022. Two-wheeler domestic wholesales were down at 12,82,054 units last month, as against …

Domestic automobile retail sales grow 10% in July: FADA
1 year, 5 months ago

Domestic automobile retail sales grow 10% in July: FADA

Deccan Chronicle  

PUNE: Automobile retail sales in India rose 10 per cent year-on-year in July, across all categories such as passenger and commercial vehicles, the barometers of the economy, the Federation of Automobile Dealers Associations or FADA said on Monday. Total retail sales across segments rose to 17,70,181 units last month, as compared to 16,09,217 units in July 2022. Passenger vehicle sales …

Automobile retail sales witness 10% growth in July: FADA
1 year, 5 months ago

Automobile retail sales witness 10% growth in July: FADA

The Hindu  

Auto mobile retail sales in India witnessed a 10% annual growth in July driven by robust sales across passenger vehicles, two-wheelers and commercial vehicles, industry body FADA said on Monday. Total retail sales across segments rose to 17,70,181 units last month, as compared to 16,09,217 units in July 2022. Passenger vehicle sales saw an increase of 4% to 2,84,064 units …

Domestic Automobile Retail Sales Grows 10 Percent in June 2023: FADA
1 year, 6 months ago

Domestic Automobile Retail Sales Grows 10 Percent in June 2023: FADA

News 18  

Domestic automobile retail sales rose 10 percent in June driven by sales growth across various segments, including passenger vehicles and two-wheelers, automobile dealers body FADA said on Thursday. Passenger vehicle retail sales increased 5 percent to 2,95,299 units as against 2,81,811 units in June 2022. Tractor retail sales jumped 45 percent year-on-year to 98,660 units while there was a marginal …

June auto retail sales rose 10% year-on-year: FADA
1 year, 6 months ago

June auto retail sales rose 10% year-on-year: FADA

The Hindu  

Auto retail sales in June 2023 reported a 10% y-o-y growth owing to positive performances across all vehicle categories including two wheelers, three wheelers, passenger vehicles, tractors, and commercial vehicles at growth rates of 7%, 75%, 5%, 41%, and 0.5% respectively, according to data released by the Federation of Automobile Dealers Associations. “Despite a 10% y-o-y growth, the auto retail …

Passenger vehicle wholesales rise 13.54 per cent in May month | Read details
1 year, 6 months ago

Passenger vehicle wholesales rise 13.54 per cent in May month | Read details

India TV News  

Domestic passenger vehicle wholesales grew by 13.54 per cent in May to 3,34,247 units, as compared to the same month last year, the Society of Indian Automobile Manufacturers said on Tuesday. As per the latest data issued by the Society of Indian Automobile Manufacturers, dispatches of passenger vehicles from manufacturers to dealers were at 2,94,392 units in May 2022. Two-wheeler …

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 …

Total vehicle retail sales in April decline, FY’24 kicks off with modest performance: FADA
1 year, 8 months ago

Total vehicle retail sales in April decline, FY’24 kicks off with modest performance: FADA

Live Mint  

The Federation of Automobile Dealers Associations has released Vehicle Retail Data for April 2023. As per the data, the financial year 2023-24 kicked off with a modest vehicle retail performance in April, seeing a decline of 4% in total vehicle retails. “This was primarily due to last year's high base and the OBD 2A norms, which led to vehicle price …

Festive season, discounts push up 14% car sales in March
1 year, 9 months ago

Festive season, discounts push up 14% car sales in March

Deccan Chronicle  

PUNE: Passenger vehicle retail sales in the country rose by 14 per cent year-on-year in March riding on the back of festive season demand and the transition to a new on-board emission system, called OBD2A norms, the Federation of Automobile Dealers Associations or FADA said on Tuesday. While two-wheeler retail sales jumped to 14,45,867 in March, up from 12,86,109 units …

‘Automobile retail sales see double-digit growth in FY23’
1 year, 9 months ago

‘Automobile retail sales see double-digit growth in FY23’

The Hindu  

Automobile retail sales grew in double-digits in the country last fiscal, driven by a record offtake of 36 lakh passenger vehicles, the Federation of Automobile Dealers Associations said on Tuesday. Total retail sales rose to 2,21,50,222 units last fiscal, up 21% from 1,83,27,326 units in FY22. He noted that last fiscal the retail sales of passenger vehicles reached a record …

India’s retail vehicle sales surge by 14% YoY in March, FADA Report
1 year, 9 months ago

India’s retail vehicle sales surge by 14% YoY in March, FADA Report

Live Mint  

According to the latest data from the Federation of Automobile Dealers Associations, retail vehicle sales in India experienced a 14 percent YoY increase in March. The Federation of Automobile Dealers Associations reported that while retail vehicle sales in India saw a 14% YoY increase in March, tractors only grew by 4%. FADA stated that although the two-wheeler segment exhibited yearly …

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 …

Auto wholesales rise 20% in November
2 years ago

Auto wholesales rise 20% in November

India Today  

The automobile wholesales remained in green in November as positive consumer and business sentiments were reflected in higher despatches. The overall wholesale despatches, including those of PVs, two-wheelers, three-wheelers and quadricycles, jumped 19.88% to 1,558,145 units in November from 1,299,716 units in the year-ago month, according to data shared by the industry body Society of Indian Automobile Manufacturers on Tuesday. …

Automobile retail sales soar to record high in Nov: FADA
2 years, 1 month ago

Automobile retail sales soar to record high in Nov: FADA

Deccan Chronicle  

New Delhi: Automobile retail sales in India clocked best-ever performance last month aided by robust registrations across segments including passenger vehicles, two-wheelers and commercial vehicles, automobile dealer' body FADA said on Friday. The overall automobile retail sales rose by 26 per cent to 23,80,465 units last month, as compared with 18,93,647 units in November 2021. Passenger vehicle retail sales rose …

Auto retail sales at record levels in November, all segments in green
2 years, 1 month ago

Auto retail sales at record levels in November, all segments in green

India Today  

The automotive industry recorded its second-best retail performance ever in November, backed by robust demand, which has continued after the handsome festive season, and better availability of vehicles owing to higher production amid the easing semiconductor supply. "This segment is slowly turning the tides from negative to positive as the same can be witnessed from retail sales due to the …

Automakers see best festival sales in 4 years
2 years, 2 months ago

Automakers see best festival sales in 4 years

Deccan Chronicle  

Pune: The Federation of Automobile Dealers Associations, or Fada, on Monday said car retail sales in the festive month of October zoomed 41 per cent at 3,28,645 units and the total vehicle sales also surged 48 per cent year-on-year with all categories like two-wheeler, three-wheeler, tractor and commercial vehicles registering growth. The automotive dealers' body said the total retail sales …

Festivities bring cheer as auto retail zooms past pre-Covid period in October
2 years, 2 months ago

Festivities bring cheer as auto retail zooms past pre-Covid period in October

India Today  

The festive period turned out to be a bumper one as the overall auto retail in October crossed the pre-Covid mark with the passenger vehicle segment continuing its robust run and the two-wheeler segment making a strong comeback. With better vehicle availability and new launches, the segment also witnessed the best festive period in a decade by surpassing 2020 festival …

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 …

2 Lakh Cars and SUVs to be Sold Between Navratri and Diwali, 8 Lakh Booked Already
2 years, 2 months ago

2 Lakh Cars and SUVs to be Sold Between Navratri and Diwali, 8 Lakh Booked Already

News 18  

With the festival season in full swing, automobile dealers expect a huge spike of around 40 percent in car and two-wheeler sales in the run-up to Diwali across the country. Auto dealers say that between Navratri and Diwali, nearly two lakh passenger vehicles are likely to be sold while around 8 lakh units so far have been booked. Similarly, according …

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