India's passenger vehicle sales posted a 4.6 per cent rise in November as the festive season saw a pick up in demand, industry body SIAM said on Friday as it corrected its earlier projection of a shar
Valuations factor in the volume rebound, leaving little upside from the current levels
Automobile dealers' body FADA said passenger vehicle retail sales in November witnessed a year-on-year increase of 4.17% to 291,001 units as Diwali-Dhanteras led to rise in vehicle registrations
While M&M closed at Rs 705.6 a piece, up 10.8 per cent - the highest in 18 months, Tata Motors' shares ended at Rs 173.6, a piece up 9.8 per cent-the highest in 33 months
Motorcycle sales were at 13,82,749 units as against 11,16,886 units in October 2019, up 23.8 per cent
The Bombay High Court refused to grant interim bail to TV journalist Arnab Goswami.
Automobile dealers' body FADA said passenger vehicle retail sales in October witnessed a year-on-year decline of 8.8% to 249,860 units, as registrations slowed down owing to supply issues
Mahindra & Mahindra (M&M) on Sunday reported a 14.52 per cent decline in total sales to 44,359 units in October. The company had sold 51,896 units in the same month last year, M&M said in a statement. In the domestic market, passenger vehicle sales were up 1 per cent to 18,622 units last month compared to 18,460 units in October 2019. In the commercial vehicles segment, the company sold 3,118 vehicles last month in the domestic market as against 7,151 units in October 2019, a drop of 56 per cent. Exports dropped by 25 per cent to 2,021 units as against 2,703 units in the year-ago month. "We are happy to achieve a growth of 4 per cent in utility vehicles, despite certain supply constraints. Our brands Scorpio, Bolero and XUV 300 continue to do well, while the bookings for the all-new Thar has set new records within just a month of its launch," M&M Chief Executive Officer, Automotive Division, Veejay Ram Nakra said. For Mahindra, the festive season has started on a ...
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The automotive industry is shifting gears as it witnesses an uptick in vehicle consumption in the second quarter of the current financial year, ACMA said
Passenger car exports during the period under review stood at 1,00,529 units, down 64.93 per cent from 2,86,618 units in April-September, 2019-20
Other than PVs, tractors remain the only segment to show growth in sales while all the other segments continue to be in red
Total domestic sales were up 13 per cent to 106,888 units from 94,454 units in July-September period last year
Passenger vehicle sales in India increased by 14.16 per cent in August to 2,15,916 units as against 1,89,129 units in the same month last year, auto industry body SIAM said
Dealers say full-year outlook remains negative with a projected contraction in retail sales of 15-35% across all segments, save tractors
In the commercial vehicles segment, the company sold 13,103 vehicles as against 15,969 units earlier, a dip of 18 per cent
Commercial vehicle sales plunged 83.83 per cent to 10,509 units as against 64,976 units in the year-ago period
The monsoon rainfall recorded a timely onset and rains covered the entire country well ahead of the normal date