Passenger Vehicle Sales

The industry body warned that the Russia-Ukraine conflict could further impact the production of semiconductors

Overseas shipments by volume of scooters and motorbikes hit the highest since FY16

Infosys' revenue grew 22.7 per cent to Rs 32,276 crore in the quarter from Rs 26,311 crore in the year-ago period

Passenger vehicle (PV) dispatches from factories to dealerships in March 2021 stood at 2,90,939 units

Domestic passenger vehicle retail sales in March declined by 4.87 per cent to 271,358 units, as compared to the same month last year, automobile dealers' body FADA said on Tuesday.

Easing supply side constraints of semiconductors as well as healthy demand led many passenger vehicle manufacturers to report healthy wholesales during last month.

The total passenger vehicle wholesales dropped to 2,54,287 units in January 2022 as compared to 2,76,554 units in the same month of last year.

Tata Power has partnered with Apollo Tyres to deploy electric vehicle charging stations at the latter's commercial and passenger vehicle zones across India. Tata Power and Apollo Tyres have announced a strategic partnership in this regard, a statement said. Tata Power has a presence across all the segments of the EV charging ecosystem and has deployed all types of chargers DC 001, AC, Type2, Fast DC chargers up to 50kwh and up to 240kwh chargers for buses. "We are glad to partner with Apollo Tyres for the deployment of EV charging stations across their commercial & passenger vehicle zones. This partnership reflects our commitment to developing and expanding the electric vehicle ecosystem in the country," Praveer Sinha, CEO and MD of Tata Power, stated. Based on location, this classification of chargers will support EV charging for two-wheelers and four-wheelers, respectively. As per the agreement between Apollo Tyres and Tata Power, the latter will set up Charging Stations at 150

Passenger vehicle wholesales in India declined 13 per cent to 2,19,421 units last month, auto industry body SIAM said on Friday. Passenger vehicle sales in December 2020 stood at 2,52,998 units. As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also fell 11 per cent to 10,06,062 units, compared to 11,27,917 vehicles in December 2020. Motorcycle sales declined 2 per cent to 7,26,587 units as against 7,44,237 units in December 2020. Scooter sales were also down 24 per cent at 2,46,080 units from 3,23,757 vehicles a year ago. In October-December period of this fiscal year, passenger vehicle sales declined 15 per cent to 7,61,124 units from 8,97,908 units in the year-ago period. Two-wheeler sales during December quarter dropped 25 per cent to 35,98,299 units as compared to 47,82,110 units in the same period a year ago. However, commercial vehicle sales saw marginal increase at 1,94,712 units in the quarter under review against 1,93,034

Poor demands plagues two-wheelers, chip shortage derails PV sales; dealer body cautious of road ahead as various state govts once again announce Covid curbs

Passenger vehicle retail sales in India witnessed an 11 per cent year-on-year decline in December as semiconductor shortage continued to impact the segment, automobile dealers' body FADA said

Positive macroeconomic indicators in rural India have helped passenger vehicle sales

'In the festive season, industry was hoping to make up for the lost ground, but the sales in the month of November 2021, were the lowest in seven years for passenger vehicles,' says SIAM director

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Industry non-committal on time frame by which production will get to normal. Total Overall passenger vehicle sales during the month declined 14% YoY to 286,000 units

Country's largest carmaker Maruti reports 33% decline in October sales

The company's total dispatches in October 2020 stood at 52,132 units

High acquisition cost dissuades motorcycle and scooter buyers this festive season, while carmakers have been unable to cater to the demand owing to chip shortage

Passenger vehicle wholesales in India witnessed a decline of 41 per cent year-on year in September as automobile manufacturers struggled to produce adequate units owing to semiconductor shortage

For Maruti, sales of mini cars, comprising Alto and S-Presso, fell 45.18 per cent to 14,936 units against 27,246 units in the same month last year