PV Sales

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

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.

Demand for passenger vehicles will see moderate growth over next few quarters with complete unlocking of economy and demand revival, particularly in rural areas, according to Acuite Ratings & Research

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

A key reason for lower than expected inflation projections could be weak demand

Passenger vehicle exports from India increased 46 per cent in the first nine months of the current fiscal year, with Maruti Suzuki India leading the segment with dispatches of around 1.68 lakh units

Analysts fear that this time, it may take many years of double-digit growth for the industry to recoup the loss in sales volume

Low base effect along with pent up demand pushed India's domestic private vehicle (PV) sales higher on a year-on-year basis in August.

Though there was a recovery in the passenger vehicles segment sales

Analysts tracking the sector said that they expect auto sales to be strong in the second half of the financial year

At present, EVs account for 2 per cent of the company's passenger vehicle (PV) sales

Piaggio Vehicles on Tuesday said it has added 100 dealerships in both its commercial and passenger vehicle businesses across India in 100 days despite challenging times.

The company had dispatched 6,679 units in March 2020 amid sales disruptions due to Covid-19 pandemic

Total passenger vehicle sales last month stood at 29,654 units. The company had sold 5,676 units in March 2020

Tata Motors expects domestic passenger vehicles industry to grow in double digits in 2021-22 on the back of continued robust demand momentum

Automobile dealers' body FADA on Tuesday said passenger vehicle (PV) retail sales in January witnessed a year-on-year decline of 4.46 per cent to 2,81,666 units

The industry will have to work hard to regain better volumes and business health, industry body SIAM said on Thursday

Passenger vehicle sales jumped 13.6 per cent in December to 2.52 lakh units as compared to 2.22 lakh in the year-ago period, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday.

Nifty Auto index has jumped 8 per cent on a year-to-date basis in 2021

As many as 70,000 employees of BSNL have already opted for the VRS scheme which was launched last week