Page 13 - Auto Sales

Has festival cheer brought India's consumption story back on track?

The festive season is here. So, what do the sales data and other indicators of the season suggest about consumption, which has suffered due to persistently high inflation? Let's find out

Auto sales up 57% during Navratri as all categories put up strong show

Overall sales were also 27% higher than Navratri 2020 and 16% above the pre-pandemic season in 2019; trend seen continuing till Diwali

Tata Motors dips 5% on lower-than-expected JLR wholesale volumes in Q2

However, Tata Motors said it is witnessing healthy demand for its products with the order book increasing to ~2.05 lakh units vs. ~2 lakh units as of Q1FY23

Automobile sales revved up 11% in Sept amid festival fervour: FADA

October likely to be good, too, amid the festival season

Auto sales on ascending track riding on festive cheer, smooth chip supplies

Robust festive demand coupled with better production due to easing of semiconductor supplies helped the domestic passenger vehicle industry post its best-ever monthly sales performance in September. The industry volumes in September stood at 3,55, 946 units, registering an year-on-year increase of 91 per cent, enabling the second quarter sales to cross the 10-lakh sales mark. Leading automakers Maruti Suzuki, Hyundai and Tata Motors were able to improve their dispatches to dealers last month on the back of improved production with the easing of chip shortage situation. The country's largest carmaker Maruti Suzuki India (MSI) said its total domestic passenger vehicle wholesales stood at 1,48,380 units last month as compared to 63,111 units in September last year. "It is the second best month for the company in 42 months," MSI Senior Executive Director (Marketing & Sales) Shashank Srivastava told reporters. The best month for the auto major was October 2020 when it had dispatched ...

Second-hand car market to be regulated, dealers to play a bigger role

When the vehicle is received for reselling by the dealer, it will be registered for sale. The dealer will then become the sole responsible person for any untoward incident like theft etc

Top cars to be launched in India this Sept, just ahead of festive season

From Hyundai Motors to Maruti Suzuki and Toyota, all major market players will be ramping up their SUV offerings, giving consumers a variety of options

Stocks to watch: Adani Enterprises, UPL, Zee Ent, Hero Moto, Tata Motors

Stocks to watch today: Adani Enterprises is set to enter the NSE Nifty50 index from September 30, replacing Shree Cement at the exchange; UPL promoted Mike Frank to Chief Executive Officer.

August auto sales see record jump on easing chip shortage, new launches

Cumulative dispatches at India's top seven passenger vehicle makers rose 30.2% year-on-year to 329,300 units from 260,450 units, shows the monthly sales data released by the companies on Thursday

Auto Sales Report July 2022: Toyota breaks their sales record

Auto Sales Report July 2022: Toyota and Maruti Suzuki showed positive growth, while Kia and MG Motors shows a negative trend. Check out the Auto sales report July 2022 insights

Auto sales show positive trends in July as global chip headwinds ease

Hyundai reported sales of 50,500 units in the domestic market (up 5.1 per cent YoY), against 48,042 units a year ago

Mercedes India clocks highest ever sales of 3,551 units in June quarter

The company had sold 1,664 units in the April-June period of 2021

China auto sales rebound; up 3.4% to 10.4 mn units between Jan-June

June sales jumped 41.2% over a year earlier to 2.2 million after controls that shut down Shanghai and other industrial centres were eased

Auto sales jump in June as global semiconductor shortage eases

Maruti Suzuki dispatched 128,999 units to its dealers in June as against 128,432 units in the same period last year

Sensex falls 111 pts, Nifty holds 15,750; RIL sinks 7%, MRPL 10%

Benchmark indices swung wildly in trade on Friday after the government's move to tax oil refiners' windfall gain amid soaring crude oil prices hurt index heavyweight Reliance Industries' stock

Kia India records highest-ever monthly sales of 24,024 units in June

Kia India on Friday reported its highest ever monthly wholesales at 24,024 units in June, registering 60 per cent jump over the year-ago period. The automaker had dispatched 15,015 units to dealers in June 2021. The company said it has crossed the one lakh sales mark in the first six months of 2022, dispatching 1,21,808 units in the domestic market. In June, Seltos and Carens remained the top contributors to Kia's overall sales with 8,388 and 7,895 units, respectively. Sonet and Carnival contributed 7,455 and 285 units. "The immense love we are getting from the people of India is the result of the strong foundation of Kia in the country, backed by extensive research and customer-centricity. "Despite the global supply chain constraints, we are still managing to achieve milestones in record time," Kia India Vice President & Head of Sales and Marketing Hardeep Singh Brar said in a statement. The company is well aware of the growing waiting period on model range and it is taking ...

Bajaj Auto sales remain flat at 347,004 units in June; exports up 13%

Two-wheeler exports last month grew 23 per cent to 1,90,865 units as compared to 1,54,938 vehicles in the year-ago period

MG Motor India reports 27% growth in June retail sales at 4,503 units

The company had clocked retail sales of 3,558 units in the same month last year

Is the Indian economy out of the woods?

The central govt mopped up Rs 1.41 tr as GST collection in May, way above the FY22 average of Rs 1.23 tr. Auto sector also reported improved sales. Do these reflect a revival in Indian economy?

Indian automakers beat Covid woes as sales in May surpass 2019 levels

However, executives warn of rising inflation's impact on demand