Automobile retail sales rise 9 pc in 2024 despite multiple headwinds: FADA
2 months, 3 weeks ago

Automobile retail sales rise 9 pc in 2024 despite multiple headwinds: FADA

Live Mint  

New Delhi, Jan 7 Automobile retail sales grew 9 per cent year on year in 2024 riding on the back of robust demand for two-wheelers and passenger vehicles amid challenging business environment, dealers' body FADA said on Tuesday. Overall vehicle registrations stood at 2,61,07,679 units last year as compared to 2,39,28,293 units in the 2023 calendar year, recording a growth of 9 per cent. Tractor sales witnessed a 3 per cent year on year growth at 8,94,112 units while commercial vehicle sales remained flat at 10,04,856 units in 2024. In December 2024, automobile retail sales declined 12 per cent year on year to 17,56,419 units.

Retail Sales Fada Units Cent  fada  segment  compared  rise  units  headwinds  despite  cent  robust  vehicle  automobile  pc  multiple  sales  2024  retail  growth

History of this topic

Vehicle retail sales crash 7 per cent in Feb, says FADA
3 weeks, 6 days ago

Vehicle retail sales crash 7 per cent in Feb, says FADA

Deccan Chronicle  

While the passenger vehicle segment saw the steepest drop of 10.34 per cent, the two-wheeler category fell 6.33 per cent, commercial vehicles and tractors declined 8.6 per cent and 14.5 per cent, respectively last month. Overall retail sales in the domestic market stood at 18,99,196 units last month compared to 20,46,328 units in the year-ago period. "While such initiatives may …

Demand slowdown hurts auto sales in Feb, high inventory a challenge: FADA
3 weeks, 6 days ago

Demand slowdown hurts auto sales in Feb, high inventory a challenge: FADA

Live Mint  

Automotive sales declined 7% year-on-year in February to 1,899,196 units, hurt by an over 6% fall in two-wheeler purchases to 1,353,280 units, Federation of Automobile Dealers Association data showed on Thursday. The dealers' association attributed the decline in sales to weak consumer sentiment and raised concerns about rising inventory, claiming that automakers pushed products without the consent of the dealers. …

February 2025 auto retail sales drop 7% led by 14.5% fall in tractor sales, 10% drop in PV retail
3 weeks, 6 days ago

February 2025 auto retail sales drop 7% led by 14.5% fall in tractor sales, 10% drop in PV retail

The Hindu  

Auto retail sales in February 2025 fell 7% Year over Year with all segments registering negative growth on YoY basis, as per data released by Federation of Automobile Dealers Association on Thursday The two-wheelers, three-wheelers, passenger vehicles, tractors and commercial vehicles segments fell by 6%, 2%, 10%, 14.5% and 8.6% respectively. The 2W segment, despite an 8.57% Year To Date …

January PV sales inches up 1.6% to 4 lakh units: SIAM data
1 month, 2 weeks ago

January PV sales inches up 1.6% to 4 lakh units: SIAM data

The Hindu  

Passenger vehicles segment in January 2025 reported 1.6% Year on Year growth in domestic sales at 3,99,386 units while Three-Wheelers grew by 7.7% compared to January of previous year at 58,167 units. Two-Wheelers grew by 2.1% YoY with sales of 15,26,218 units as per data released by the Society of Indian Automobile Manufacturers on Thursday. In the PV category passenger …

Auto sales up 6.6 pc in January, dealers have mixed expectations for coming months: FADA
1 month, 3 weeks ago

Auto sales up 6.6 pc in January, dealers have mixed expectations for coming months: FADA

Live Mint  

New Delhi, February 6 : The Indian automobile retail sector saw a strong start to 2025, with overall sales increasing by 6.6 per cent year-on-year in January, according to the latest report by the Federation of Automobile Dealers Associations. According to our latest survey, nearly half of dealers anticipate growth in the coming month, while 43 per cent expect sales …

Auto retail sales rise 7pc in Jan; PV segment up 16pc: FADA
Trending News
1 month, 3 weeks ago

Auto retail sales rise 7pc in Jan; PV segment up 16pc: FADA

Live Mint  

New Delhi, Feb 6 Automobile retail sales in India rose 7 per cent year-on-year in January at 22,91,621 units, driven by robust demand across segments, dealer's body FADA said on Thursday. Passenger vehicle retail sales jumped 16 per cent year-on-year to 4,65,920 units last month. Tractor sales rose 5 per cent year-on-year to 93,381 units in January while three-wheeler retail …

Passenger vehicles clock record sales of 43 lakh units in CY 2024
2 months, 2 weeks ago

Passenger vehicles clock record sales of 43 lakh units in CY 2024

Deccan Chronicle  

Passenger vehicles sales in the country grew 4.2 per cent year on year to 43 lakh units in calendar year Jan-December 2024, the highest ever, riding on the back of SUV sales, Society of Indian Automobile Manufacturers or Siam said on Tuesday. He said this year, growth has been primarily driven by the two-wheeler segment, which grew by 14.5 per …

December auto sales skid 12%: FADA
2 months, 3 weeks 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 …

Auto sales cool in December, but industry buoyed by overall performance in 2024
2 months, 3 weeks ago

Auto sales cool in December, but industry buoyed by overall performance in 2024

Live Mint  

India’s automobile registrations accelerated by 9.1% in 2024 despite headwinds in the form of extreme weather, uneven monsoons and state elections, the Federation of Automobile Dealers Associations said. December, however, proved to be a disappointment, with overall retail sales declining 12.4% year-over-year to more than 1.7 million units as post-festive inventory build-up, delayed harvest payments, and weak consumer sentiment weighed …

Auto Retail Sales Jump 9 Per Cent In 2024, Two-Wheelers And PVs Remain In Demand
2 months, 3 weeks ago

Auto Retail Sales Jump 9 Per Cent In 2024, Two-Wheelers And PVs Remain In Demand

ABP News  

Automobile retail sales climbed 9 per cent in 2024 in comparison to the previous year as demand for two-wheelers and passenger vehicles remained strong in the industry. The Federation of Automobile Dealers Association on Tuesday said that the industry saw a 9 per cent jump in overall vehicle registrations in 2024 to 2,61,07,679 units, against 2,39,28,293 units registered in 2023 …

Car sales saw steep drop despite big discounts, promotional offers in December 2024
2 months, 3 weeks ago

Car sales saw steep drop despite big discounts, promotional offers in December 2024

New Indian Express  

DELHI: Retail automobile sales saw a sharp decline of more than 45% in December 2024 compared to November 2024, despite steep discounts and numerous promotional offers. According to data from the Federation of Automobile Dealers Associations, total retail sales in December 2024 stood at 17,56,419 units, down from 32,08,719 units in November. While December typically sees lower sales as buyers …

US new vehicle sales rose 2.7% last year as prices and interest rates dropped a little
2 months, 4 weeks ago

US new vehicle sales rose 2.7% last year as prices and interest rates dropped a little

Associated Press  

DETROIT — New vehicle sales in the U.S. rose 2.7% last year as prices and interest rates eased a bit, making SUVs, cars and trucks a little more affordable. Despite high sales prices that averaged more than $47,000, automakers sold just over 16 million vehicles in the U.S. last year, Motorintelligence.com said Friday. Electric vehicle sales rose 8.8% for the …

Car Sales Growth Slows To 5% In 2024, Marking Slowest Expansion In 4 Years
Trending News
3 months 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 Quick Edit | Car sales seem stuck in second gear
Trending News
3 months, 3 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
3 months, 3 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
3 months, 3 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 …

Brisk year of vehicle sales shows no sign of stopping
Top News
3 months, 3 weeks ago

Brisk year of vehicle sales shows no sign of stopping

China Daily  

By CAO YINGYING | China Daily | Updated: 2024-12-09 10:22 Chinese new energy vehicle startup Leapmotor showcases its models at the 2024 Guangzhou auto show in November. Its sales in the first 11 months totaled 3.53 million units, down 19.48 percent year-on-year, reaching 64.77 percent of its annual sales target. Great Wall Motor sold 127,400 vehicles last month, up 3.7 …

Brisk year of vehicle sales shows no sign of stopping
Top News
3 months, 3 weeks ago

Brisk year of vehicle sales shows no sign of stopping

China Daily  

By CAO YINGYING | China Daily | Updated: 2024-12-09 10:22 Chinese new energy vehicle startup Leapmotor showcases its models at the 2024 Guangzhou auto show in November. Its sales in the first 11 months totaled 3.53 million units, down 19.48 percent year-on-year, reaching 64.77 percent of its annual sales target. Great Wall Motor sold 127,400 vehicles last month, up 3.7 …

Brisk year of vehicle sales shows no sign of stopping
Top News
3 months, 3 weeks ago

Brisk year of vehicle sales shows no sign of stopping

China Daily  

Chinese auto brands face mixed prospects as competition in the industry intensifies As year-end approaches, China's automotive market is thriving, with domestic automakers reporting a strong performance in November and foreseeing fiercer competition to propel deliveries to new heights in December. Its sales in the first 11 months totaled 3.53 million units, down 19.48 percent year-on-year, reaching 64.77 percent of …

After the festive boost, passenger vehicle sales hit the skids in November
3 months, 4 weeks ago

After the festive boost, passenger vehicle sales hit the skids in November

Live Mint  

Passenger vehicle sales, which have been struggling to maintain momentum throughout 2024, experienced yet another setback in November following the festive season-led surge, according to a Mint analysis of vehicle-registration data from the ministry of road transport and highways’ Vahan portal. "Weak demand conditions continue, with high discounts persisting even after the festive season sales and inventory reduction," noted a …

Tata Motors expects PV retail sales to sustain momentum in Q3
4 months, 2 weeks ago

Tata Motors expects PV retail sales to sustain momentum in Q3

Live Mint  

New Delhi, Nov 17 Tata Motors is expecting passenger vehicle retail sales to maintain growth momentum in the ongoing quarter driven by year-end demand, according to a top company executive. As per FADA data, festive demand helped PV retail sales rise 32 per cent year-on-year to 4,83,159 units in October. Strong retail sales in October, has allowed the automaker to …

Vehicle retail sales rise 12 per cent to 43 lakh units during 42-day festive demand
4 months, 2 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
4 months, 2 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 …

Retail car sales jump 32% in Oct, inventory levels remain high
4 months, 3 weeks 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 …

PV Sales Plummet 5% In August; FADA Warns Against Soaring Inventory
6 months, 4 weeks ago

PV Sales Plummet 5% In August; FADA Warns Against Soaring Inventory

ABP News  

Industry body Federation of Automobile Dealers Association said on Thursday that India’s passenger vehicle retail sales fell 5 per cent year-on-year in August because of the delay in customer purchases, weak consumer sentiment and ongoing heavy rainfall. In August, commercial vehicle registrations fell by 6 per cent YoY, while tractor sales dropped by 11 per cent compared to the same …

Auto sales rise 14% in July, historic high inventory level causes concern: FADA
7 months, 4 weeks 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 …

Passenger vehicle sales fall 7% in June as heatwave curtails showroom visits: FADA
8 months, 3 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? …

US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices
9 months ago

US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices

Associated Press  

DETROIT — U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices. Overall, U.S. sales were up only 0.1% compared to a year ago, as still-high prices kept many potential buyers out of the market, according to preliminary tallies Tuesday by Motorintelligence.com. The U.S. industry, he said, is at an inflection point where …

Car Sales Up 3.6 Per Cent Led by SUVs in June
9 months ago

Car Sales Up 3.6 Per Cent Led by SUVs in June

Deccan Chronicle  

Pune: Passenger vehicle wholesales, the barometer of the economy, grew 3.6 per cent to 3.40 lakh units in June, primarily driven by new launches and robust demand for SUVs amidst heatwave across the country last month. The new Hyundai Creta has been a key driver for domestic H1 sales with 91,348 units sold, a growth of 11 per cent over …

India’s Auto Retail Clocks Robust 27% Growth in April
10 months, 3 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 …

2024 sees record start to year for electric vehicle sales
10 months, 3 weeks ago

2024 sees record start to year for electric vehicle sales

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sales of electric vehicles have got off to a record start this year, the latest …

Calls for policy to grow country's vehicle sales
11 months, 2 weeks ago

Calls for policy to grow country's vehicle sales

China Daily  

Members of the public visit an auto expo in Dongying, Shandong province, on April 11. China's top auto trade association is calling for favorable government policies to stimulate sales, saying domestic demand for new vehicles is one of the most important issues to be addressed this year. The CAAM's estimate earlier this year said that sales will grow by around …

Two-wheeler sales yet to reach pre-Covid 19 levels, says auto industry body
11 months, 2 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
11 months, 3 weeks 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, …

February PV sales jump 11% to 3.73 lakh units
1 year, 1 month ago

February PV sales jump 11% to 3.73 lakh units

New Indian Express  

NEW DELHI: In another bumper month for domestic automobile industry, domestic passenger vehicle sales stood at more than 3.73 lakh units in February 2024, up 11.3% year-on-year. During the first 11 months of FY24, PV sales surged to 38.59 lakh units, a growth of 8.6% YoY. Maruti reported a 9% growth in February 2024 domestic PV sales at 1,60,271 units …

Passenger vehicle wholesales surge 14 per cent YoY to 3.93 lakh units in January
1 year, 1 month 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
1 year, 1 month 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
1 year, 1 month 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
1 year, 1 month 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 …

US new vehicle sales rise 12% as buyers shake off high prices, interest rates, and auto strikes
1 year, 2 months ago

US new vehicle sales rise 12% as buyers shake off high prices, interest rates, and auto strikes

Associated Press  

DETROIT — Undeterred by high prices, rising interest rates, autoworker strikes and a computer-chip shortage that slowed assembly lines, American consumers still bought 15.6 million new vehicles last year, 12% more than in 2022, the biggest increase in more than a decade. New vehicle loans averaged around 7% for most of the year, and those could drop even if the …

US new vehicle sales rise 12% as buyers shake off high prices, interest rates, and auto strikes
1 year, 2 months ago

US new vehicle sales rise 12% as buyers shake off high prices, interest rates, and auto strikes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Undeterred by high prices, rising …

Automakers floor accelerator in bid for growth
1 year, 3 months ago

Automakers floor accelerator in bid for growth

China Daily  

A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. China, which has been the world's largest vehicle market since 2009, is expected to see sales hit a record 30 million units this year and rise to 31 million units in 2024, according to estimates by the country's leading automotive trade association. Great Wall …

Automakers floor accelerator in bid for growth
1 year, 3 months ago

Automakers floor accelerator in bid for growth

China Daily  

A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. China, which has been the world's largest vehicle market since 2009, is expected to see sales hit a record 30 million units this year and rise to 31 million units in 2024, according to estimates by the country's leading automotive trade association. Great Wall …

November auto sales see spurt in sales
1 year, 4 months 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 …

Automobile retail sales declined 8% in October
1 year, 4 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, 5 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 …

M&M auto sales in October up 32% to 80,679 units; tractor sales drop 3% YoY
1 year, 5 months ago

M&M auto sales in October up 32% to 80,679 units; tractor sales drop 3% YoY

Live Mint  

Mahindra & Mahindra Ltd, the automobile major, on Wednesday reported total auto sales for the month of October 2023 at 80,679 vehicles, a growth of 32% from 61,114 units in the same month last year. In the Farm Equipment Sector, M&M’s total tractor sales during October 2023 dropped 3% to 50,460 units, as against 51,994 units for the same period …

Entry-level vehicles’ share in PV sales hits record low
1 year, 5 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, 5 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 …

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