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 cent to 17,35,199 units, as compared to 15,37,604 vehicles in September 2021. Motorcycle sales rose 18 per cent to 11,14,667 units, as against 9,48,161 units in September 2021, while scooter sales were up 9 per cent to 5,72,919 units, from 5,27,779 vehicles a year ago. Similarly, total two-wheeler sales rose 13 per cent to 46,73,931 units, as compared with 41,36,484 units in the September quarter of the last fiscal year.

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History of this topic

Electric vehicle sales charged up this year, and not just because of subsidies
13 hours, 52 minutes ago

Electric vehicle sales charged up this year, and not just because of subsidies

Live Mint  

New Delhi: The number of fossil fuel-based vehicles sold for every electric vehicle in the two-wheeler and light motor vehicle categories has fallen in 2024, compared with last year, a positive indicator for the EV ecosystem in the country. This marks a sharp decline from 2023's 18.43 petrol two-wheelers sold per electric two-wheeler sale, with 15.85 million petrol bikes and …

Passenger vehicle sales highest in Nov., up 4%, says SIAM
1 week, 3 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 …

PV Dispatches Surge 4% In November, Demand Steady Post-Festive Season: SIAM
1 week, 3 days ago

PV Dispatches Surge 4% In November, Demand Steady Post-Festive Season: SIAM

ABP News  

Passenger vehicle dispatches from manufacturers to dealerships increased by 4 per cent year-on-year, reaching 3,47,522 units in November, according to data released by the Society of Indian Automobile Manufacturers on Friday. Market leader Maruti Suzuki India shipped 1,41,312 units to its dealers in November, reflecting a 5 per cent increase from 1,34,158 units in the same month last year. Lastly, …

Mint Quick Edit | Car sales seem stuck in second gear
Trending News
2 weeks 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
2 weeks 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
2 weeks 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, 1 week 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, 1 week 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, 1 week 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, 1 week 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 …

Despite festive season, large auto firms see muted growth; SUV, UVs log sharp sales growth in Oct.
1 month, 3 weeks ago

Despite festive season, large auto firms see muted growth; SUV, UVs log sharp sales growth in Oct.

The Hindu  

In line with sluggish automobile sales over the past several months, India’s top three passenger car makers namely Maruti Suzuki India, Hyundai Motor and Tata Motors, despite the tailwinds of a favourable festive season, were seen barely keeping their heads above the water while automakers with a strong SUV and UV line up like Mahindra & Mahindra and Toyota Kirloskar …

More than 21k vehicles sold in Pune since Dussehra
1 month, 3 weeks ago

More than 21k vehicles sold in Pune since Dussehra

Hindustan Times  

PUNE: With the festival of lights already upon us, a total 21,247 vehicles have been sold since Dussehra till date according to the Pune Regional Transport Office. 21,247 vehicles have been sold since Dussehra till date, according to Pune Regional Transport Office. ) As per the information shared by the Pune RTO, citizens are prioritising buying vehicles during Dussehra and …

Stocks to Watch: Mankind Pharma, Suzlon Energy, Adani Enterprises, Godrej Properties, and more
2 months, 2 weeks ago

Stocks to Watch: Mankind Pharma, Suzlon Energy, Adani Enterprises, Godrej Properties, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Maruti Suzuki India recorded total sales of 1.84 lakh units in September 2024, marking a 1.9 percent year-on-year increase. While total domestic sales declined by 1.15 percent to 1.57 lakh units, passenger vehicle sales dropped by 3.9 percent to 1.45 lakh units. Eicher Motors saw an …

Bajaj sold over 4 lakh two-wheelers in September, domestic sales rise
2 months, 3 weeks ago

Bajaj sold over 4 lakh two-wheelers in September, domestic sales rise

Hindustan Times  

Bajaj Auto has reported a significant rise in the sales of its two-wheelers for September 2024, with domestic sales increasing by 28 per cent year-on-year. Bajaj Auto's strong market performance in September 2024 highlights significant growth in two-wheeler and commercial vehicle sales, driven by domestic and export demand. The overall sales of Bajaj's commercial vehicles, including both domestic and export …

Domestic passenger vehicle wholesales dips 2.5% at 3,41,510 units in July: SIAM
4 months, 1 week 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, 1 week 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. …

Automobile exports from India rise 15.5 per cent in Q1
5 months, 1 week ago

Automobile exports from India rise 15.5 per cent in Q1

India TV News  

Automobile exports from India increased 15.5 per cent year-on-year in the June quarter with all verticals, barring three-wheelers, recording growth in shipments, according to the latest SIAM data. Passenger vehicle exports stood at 1,80,483 units in the first quarter, registering a jump of 19 per cent over 1,52,156 units in the same period last year. Two-wheeler exports stood at 9,23,148 …

Industry experts predict favourable outlook for auto industry, two-wheelers expected to lead
5 months, 2 weeks 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
5 months, 2 weeks 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? …

EV sales in India to go up by 40 per cent to 1.75 million units in FY 2024
6 months, 1 week ago

EV sales in India to go up by 40 per cent to 1.75 million units in FY 2024

India TV News  

India's Electric Vehicle sales have reportedly grown by 17,52,406 units in FY 2023-24, stating a growth of 40.31 per cent on a Year-on-Year basis. The electric car segment sales have reportedly shot up by 82 per cent on a YoY basis, which further registering sales of 99,085 units in FY 2024. Electric bus sales soared to 3,708 units in FY2024 …

Passenger vehicle exports rise by 2.68 lakh units in 4 years; 70 percent is Maruti Suzuki
6 months, 2 weeks ago

Passenger vehicle exports rise by 2.68 lakh units in 4 years; 70 percent is Maruti Suzuki

Hindustan Times  

Passenger vehicle exports from India rose by 2.68 lakh units in the last four financial years, with Maruti Suzuki India accounting for nearly 70% of the incremental shipments during the period, PTI reported. Maruti Suzuki contributed nearly half of overall car sales in India in 2023 As per the industry data, passenger vehicle exports in the financial year 2020-21 stood …

Car sales grew by four per cent in May to 3.50 lakh units
6 months, 3 weeks 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
7 months, 2 weeks 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
7 months, 3 weeks 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 …

Two-wheeler sales yet to reach pre-Covid 19 levels, says auto industry body
8 months, 1 week 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 …

How DriveX is Revolutionizing the Pre-Owned Two-Wheeler Market in India
9 months, 3 weeks ago

How DriveX is Revolutionizing the Pre-Owned Two-Wheeler Market in India

Deccan Chronicle  

New Delhi: In the bustling lanes and vibrant markets of India, the quest for a reliable and good quality used two-wheeler has often been fraught with challenges. However, DriveX has emerged as a disruptor in this space, redefining the contours of customer experience in the used two-wheeler market by offering an OEM like experience. This focus on quality and trust …

Passenger vehicle wholesales surge 14 per cent YoY to 3.93 lakh units in January
10 months, 1 week 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, 1 week 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, 1 week 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, 1 week 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 …

Auto makers start 2024 on high note, report growth in January sales
10 months, 3 weeks ago

Auto makers start 2024 on high note, report growth in January sales

Hindustan Times  

Automobile makers in the country started the New Year on a positive note with most players across segments reporting higher sales volume in January compared to the same month last year. Maruti Suzuki India's total vehicle sales increased by 15.5 per cent at 1,99,364 units in January from 1,72,535 units in the same month last year, the company said in …

Indian Automotive Component Industry Set to Reach $14 Billion by 2028
10 months, 3 weeks ago

Indian Automotive Component Industry Set to Reach $14 Billion by 2028

Deccan Chronicle  

Pune: The Indian automotive component industry is expected to touch $14 billion or Rs 116,634 crore by 2028, and the aftermarket segment has a $35 billion or Rs 291,585 crore opportunity, the Automotive Component Manufacturers Association of India or ACMA said on Monday. "The Indian domestic aftermarket, valued at USD 10 billion in 2023, is poised to surge almost 1.4 …

TVS Motor’s Q3 | Improved sales lift net profit to ₹593 crore
10 months, 4 weeks ago

TVS Motor’s Q3 | Improved sales lift net profit to ₹593 crore

The Hindu  

TVS Motor Company’s standalone net profit for the December quarter rose 68% from the year-earlier period to ₹593 crore on improved sales. Revenue from operations grew by 26% to ₹8,245 crore, while costs of raw material increased to ₹5,696 crore from ₹4,882 crore, the automobile firm said in a regulatory filing. There was a marginal increase in two-wheeler exports to …

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 …

Chandigarh: Two-wheeler sales sparkle bright on Dhanteras
1 year, 1 month ago

Chandigarh: Two-wheeler sales sparkle bright on Dhanteras

Hindustan Times  

With the UT administration lifting the cap on non-electric vehicles owing to the festive season, over 500 city residents drove home their sparkling dream vehicles on the auspicious occasion of Dhanteras. Popular cars like Swift, Brezza, Grand Vitara and Baleno are not available now due to the increased demand.” However, auto dealers lamented that though 700 two-wheelers were booked for …

Automobile retail sales declined 8% in October
1 year, 1 month 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, 1 month 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 …

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, 2 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, 2 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 …

TVS Motor Company Records Sales Growth of 4 Percent in August 2023
1 year, 3 months ago

TVS Motor Company Records Sales Growth of 4 Percent in August 2023

News 18  

TVS iQube records highest ever sales of over 23k units Bengaluru, Karnataka, India TVS Motor Company registered a sales growth of 4% increasing from 333,787 units in August 2022 to 345,848 units in August 2023. International Business The Company’s total exports registered sales of 87,515 units in August 2023 as against 93,111 units August 2022. Two-wheeler exports registered sales of …

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 …

Automobile retail sales witness 10% growth in July: FADA
1 year, 4 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 …

Indian auto industry grows to ₹8.7 lakh crore in FY23: Report
1 year, 5 months ago

Indian auto industry grows to ₹8.7 lakh crore in FY23: Report

The Hindu  

The Indian automobile sector has grown into a ₹8.7 lakh-crore industry by producing 2.7 crore vehicles in FY23, management consulting firm Primus Partners said in a report. Primus Partners said the PV segment grew to ₹5 lakh crore in FY23 and half of the revenue came from mid and full size SUVs. “As per our study, the Indian market is …

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 …

Maruti Suzuki May sales rise 10% to 1.78 lakh units; PV sales up 15%
1 year, 6 months ago

Maruti Suzuki May sales rise 10% to 1.78 lakh units; PV sales up 15%

Live Mint  

Maruti Suzuki India, the largest passenger car manufacturer in India, reported total vehicle sales at 178,083 units in May 2023, registering a rise of 10.32% as compared to 161,413 units sold in the same month last year. In the passenger vehicle segment, the company's domestic sales increased 15.3% to 143,708 units as against 124,474 units, YoY. Among its Mini and …

Plan to Buy an Electric Scooter? Read About Slashed Subsidy as Govt Amends FAME II Scheme from June 1
1 year, 7 months ago

Plan to Buy an Electric Scooter? Read About Slashed Subsidy as Govt Amends FAME II Scheme from June 1

News 18  

Reduction of the maximum subsidy ceiling from 40 per cent to 15 per cent and that on electric two-wheelers from the current Rs 15,000 per kWh to Rs 10,000 per kWh are among the demand incentives modified by the Ministry of Heavy Industries under the Faster Adoption and Manufacturing of Electric Vehicles II scheme. The Union Minister of Heavy Industries …

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 …

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