Passenger vehicle sales slide in November as stock pile-up in showrooms persists
4 weeks, 2 days 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% increase in two-wheeler sales, FADA said in a statement. During April–November, sales of two-wheeler and passenger vehicles rose 15.4% and 13%, respectively, in rural areas, compared with 11.56% and 7.36% growth in urban centres. In commercial vehicles and tractors, rural demand showed resilience, maintaining positive or stable trends compared to urban markets, which saw declines in both segments.

India Urban Sales Fada Demand Inventory Passenger Vehicles Rural Demand Urban Markets Rural Markets  passenger  vehicles  showrooms  vehicle  demand  inventory  units  persists  pileup  rural  markets  urban  purchases  sales  stock  slide

History of this topic

At Maruti Suzuki, small cars are back in the driver’s seat
6 days, 20 hours ago

At Maruti Suzuki, small cars are back in the driver’s seat

Live Mint  

Maruti Suzuki India Ltd’s sales volume update for December sprung a positive surprise on small, entry-level cars, which saw 29% year-on-year growth to 62,324 vehicles. It’s important to note, however, that December was the first month in FY25 in which small cars posted year-on-year sales growth. Maruti’s management also alluded to the higher sales in rural areas during the festival …

Car Sales Growth Slows To 5% In 2024, Marking Slowest Expansion In 4 Years
Trending News
6 days, 22 hours 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 …

Mint Explainer: Why the auto sector is not out of the woods
Trending News
4 weeks, 2 days ago

Mint Explainer: Why the auto sector is not out of the woods

Live Mint  

Sales of small and mid-sized cars have long served as a barometer of middle-income consumption and economic health. Passenger car sales plummeted nearly 20% year-on-year in the July-September quarter, according to data from SIAM, while utility vehicles registered a 9% growth. Commercial vehicles faced a tougher quarter, with sales dropping 11% due to reduced government capital expenditure and sluggish market …

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 …

Auto Retail Sales Up 11.21 PC in Nov on Robust 2-Wheeler Demand
Trending News
4 weeks, 2 days 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 …

PV industry sees tepid growth in November; SUVs, rural demand push sales
1 month, 1 week ago

PV industry sees tepid growth in November; SUVs, rural demand push sales

Live Mint  

After a heady October, car makers had to contend with a headache in November as growth in car dispatches to dealerships petered to low single-digits for most manufacturers, with Hyundai’s figures even declining year-on-year. Overall industry sees slow growth Industry sales for November are estimated to be around 350,000 vehicles, a 3.8-4% y-o-y growth, Banerjee said. Tata Motors grows, Hyundai …

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 …

Rural consumption revival pushes digital demand in small towns
1 month, 3 weeks ago

Rural consumption revival pushes digital demand in small towns

Live Mint  

Indians in smaller towns are spending more online than their urban counterparts on the back of a much-awaited revival in rural demand. Festive season spending patterns indicate a revival in semi-urban and rural consumption demand, with smaller cities seeing a significant rise in spending. Urban consumption growth in the September quarter fell sharply to 2.8% from 10.1% in the March …

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 …

Festive cheer for car market: Sales zoom in October, but inventory still a concern
2 months ago

Festive cheer for car market: Sales zoom in October, but inventory still a concern

India Today  

With Navaratri and Diwali falling in the same month, it was festive cheer for the Indian car market as retail sales sky-rocketed over 32% year-on-year and more than 75% month-on-month in October. According to data from the industry body Federation of Automobile Dealers Associations, the passenger vehicle retails grew 32.38% y-o-y at 483,159 units in October from 364,991 units in …

India's Q1 GDP: Private consumption lifts mood
4 months, 1 week ago

India's Q1 GDP: Private consumption lifts mood

New Indian Express  

NEW DELHI: The GDP growth slumped to a 15-month low with 6.8% real rate of growth in the first quarter of 2024-25. As per Gaura Sen Gupta, economist, India First Bank, the growth is likely led by rural demand with improvement in labour market conditions. High frequency indicators for urban demand like FMCG sales volume and passenger vehicle sales growth …

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. …

Fast Moving Consumer Goods: Time for a strategic pivot
5 months ago

Fast Moving Consumer Goods: Time for a strategic pivot

Live Mint  

The strategic measures initiated by the government to boost agricultural incomes coupled with forecasts of a normal monsoon offer potential for a rural growth revival and turnaround in India’s fast-moving consumer goods sector. This is explained by inflation since 2012, which has eroded consumer affordability, curtailed consumption and driven consumers towards more economical options like low-unit packs, thereby intensifying the …

Sales of SUVs continue to soar; small cars fall
5 months, 3 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 …

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? …

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 …

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 …

India's Rural Demand Surpasses Urban Markets in FMCG Growth
8 months ago

India's Rural Demand Surpasses Urban Markets in FMCG Growth

Deccan Chronicle  

Chennai: Rural demand for packaged consumer goods outpaced urban markets for the first time in five quarters, while the FMCG industry witnessed 6.5 per cent growth in sales volume in the March quarter, according to NielsenIQ. On the other hand, urban markets reported a 5.7 per cent year-on-year rise in demand and the growth was slower than the December quarter’s …

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 …

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, …

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, 3 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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

Pakistan economic crisis drives massive 84% dip in vehicle sales
1 year, 7 months ago

Pakistan economic crisis drives massive 84% dip in vehicle sales

Hindustan Times  

In Pakistan, the sale of passenger vehicles is on a steeper decline compared to other sectors. The biggest and most obvious reason behind the steep dip in vehicle sales Pakistan is a sustained decrease in demand. Attributing the numbers to Pakistan Automotive Manufacturers Association and local media, the report added that the massive fall has sounded alarm bells in a …

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 …

India Records Massive Jump in Used Car Sales, Inventory Worth Rs 1,250 Crore Sold
1 year, 9 months ago

India Records Massive Jump in Used Car Sales, Inventory Worth Rs 1,250 Crore Sold

News 18  

There has been a considerable increase in demand for used cars across the country. The Drive Time Quarterly Report by CARS24 showed that the company recorded a massive jump in the sale of pre-owned cars from January to March this year, registering a 100 percent jump in sales compared to the figure in January to March 2022. Commenting on the …

‘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 …

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. …

Automobile retail sales soar to record high in Nov: FADA
2 years 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 …

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 …

Passenger Vehicle Wholesales Zoom 92 Per Cent In September On Festive Season Demand
2 years, 2 months ago

Passenger Vehicle Wholesales Zoom 92 Per Cent In September On Festive Season Demand

ABP News  

Passenger vehicle wholesales in India rose 92 per cent to 3,07,389 units last month, as compared to the same month last year, riding on the back of strong festive season demand, auto industry body Society of Indian Automobile Manufacturers said on Thursday. According to the latest data by the Society of Indian Automobile Manufacturers, two-wheeler sales also rose 13 per …

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. …

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 …

Automobile retail sales in India rise 8.31% in August: FADA
2 years, 4 months ago

Automobile retail sales in India rise 8.31% in August: FADA

India TV News  

Retail sales of automobiles in India grew 8.31 per cent in August this year on the back of increase in registrations of vehicles across all major segments, automobile dealers' body FADA said on Thursday. Two-wheeler retail sales also grew by 8.52 per cent at 10,74,266 units in August 2022 as against 9,89,969 units in the same month last year, it …

Passenger vehicle sales rise by 11% in July as chip supply improves
2 years, 4 months ago

Passenger vehicle sales rise by 11% in July as chip supply improves

Firstpost  

Passenger vehicle wholesales rose to 2,93,865 units in July 2022 as compared to 2,64,442 units recorded in July 2021. New Delhi: Passenger vehicle dispatches to dealers in India rose by 11 per cent year-on-year in July 2022 helped by improvement in semiconductor supplies, as per data released by automobile manufacturing body SIAM on Friday. Utility vehicle wholesales grew by 11 …

Passenger vehicle sales rise by 11 per cent in July
2 years, 4 months ago

Passenger vehicle sales rise by 11 per cent in July

Hindustan Times  

Passenger vehicle dispatches to dealers in India rose by 11 per cent year-on-year in July 2022 helped by improvement in semiconductor supplies, as per data released by automobile manufacturing body SIAM on Friday. Passenger car dispatches rose by 10 per cent year-on-year to 1,43,522 units in July 2022 from 1,30,080 units in the same month last year. Utility vehicle wholesales …

Automobile retail sales in India dropped 8% in July because of this reason: Report
2 years, 5 months ago

Automobile retail sales in India dropped 8% in July because of this reason: Report

Hindustan Times  

Automobile retail sales in the country dropped 8% in July this year on lower registrations of passenger vehicles, two-wheelers and tractors. Last month, passenger vehicle retail sales witnessed a drop of 5% at 2,50,972 units compared to 2,63,238 units in the year-ago period. According to data released by the Federation of Automobile Dealers Associations on August 4, overall automobile sales …

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