Sales of passenger vehicles and two-wheelers drop YoY in July even as two segments perform better than June
Total sales across categories declined by 6% to 1,654,535 units in July as against 1,759,219 units
Siam has raised an alarm, saying the prolonged slowdown has destroyed 15,000 jobs and, without an immediate intervention by the government, there will be more
Domestic car sales were down 35.95 per cent at 1,22,956 units as against 1,91,979 units in July 2018, according to data released by SIAM
In the financial year 2018-19, FPI investors withdrew a net of $6 billion. By contrast, FPIs have brought in net investments of $5 billion in 2019-20 till July 25
According to Federation of Automobile Dealers Associations (FADA), PV sales stood at 2,35,539 units in June 2018
Vehicle sales across categories registered a decline of 12.34 per cent to 19,97,952 units from 22,79,186 units in June 2018, it added.
Major automobile manufacturers Maruti Suzuki, Hyundai, Tata Motors and Toyota Monday reported a decline in domestic passenger vehicle sales in June, continuing the prolonged slump in market due to poor consumer sentiments. Mahindra & Mahindra, however, reported a 4 per cent growth in its domestic passenger vehicles (PV) sales last month. Market leader Maruti Suzuki India (MSI) said its domestic sales during the month were down 15.3 per cent at 1,14,861 units last month compared to 1,35,662 units in June last year. Mini segment, comprising Alto and old WagonR, saw a slide of 36.2 per cent to 18,733 units as against 29,381 per cent in the year-ago month. The compact segment, which includes models such as New WagonR, Celerio, Ignis, Swift, Baleno and Dzire, clocked 62,897 units last month as compared to 71,570 units in the same month last year, down 12.1 per cent, it said. Sales of utility vehicles, including Gypsy, Ertiga, Vitara Brezza, S-Cross, were at 17,797 units in June as ...
The passenger vehicle (PV) sales declined for a seventh straight month in May to 2,39,347 units against 3,01,238 units in the year-ago month
M&M reported a 16% decline in its net profit for the fourth quarter ended March 31 at Rs 969 crore
Sales of passenger vehicles dived to 247,541 in April versus 298,504 a year earlier, data released by the Society of Indian Automobile Manufacturers showed
Firms expect sales to improve after the elections
Maruti Suzuki India missed its own revised forecast of 8 per cent for the fiscal
Two-wheeler sales declined by 7.97 per cent to 11,25,405 units last month as compared with 12,22,883 units in year-ago period
Sales of commercial vehicles fell 0.43% to 87,436 units in February
Dealers are holding 35-40 days worth of inventory for passenger vehicles and 55-60 days worth of inventory for two-wheelers
The ratings agency said despite subdued growth, the credit profile of most PV original equipment manufacturers remains strong
The industry has clocked 6% growth in wholesales
Sales of commercial vehicles jumped by 29.56 per cent to 84,668 units in August as against 65,350 units in the year-ago month
Commercial vehicles, two-wheelers also report strong double-digit growth