Page 17 - Auto Sales

Second wave of Covid-19 interrupted auto sales momentum in Q3-Q4: Ind-Ra

The second wave of the Covid-19 pandemic has interrupted the sales momentum recorded by the automobile industry in Q3-Q4 FY21, India Ratings and Research (Ind-Ra) said on Tuesday

Automakers unlikely to go full throttle amid Covid-related uncertainties

While most have resumed production, ramp up will be staggered one and will be a third of the levels in January and February

Passenger vehicle sales dip 10% in April due to Covid led restrictions

Passenger vehicle wholesales in India declined by 10 per cent to 2,61,633 units last month as compared to March this year, auto industry body SIAM said on Wednesday

Lockdowns drag down vehicle registration to 9-month low in April: FADA

Development derails the recovery that had begun in June 2020

Maruti Suzuki, Tata Motors: Auto stocks face major hurdles amid Covid surge

Automobile and financial stocks dominate the list of companies where analysts have scaled back their earnings estimates for FY22

Second Covid-19 wave: Maruti Suzuki's production dips 7% in April

The company had produced a total of 1,72,433 units in the year-ago period, Maruti Suzuki India said in a regulatory filing.

Ashok Leyland's LCV gamble pays off with a little help from the pandemic

Its offering Bada Dost has helped in huge market share and volume gains

Domestic auto sales in India go below 2015 levels amid Covid-19 crisis

The situation was not very different globally

Maruti Suzuki hikes price of selected models, others may follow suit

Raw material prices are har­­dening with the full impact of cumulative increases set to be felt in Q3 and Q4 of this financial year

Financiers buy into India's used car business amid uptick in demand

An expansion of demand driven by economic uncertainty has accelerated the plans of organised players to tie up with banks and NBFCs

Jaguar Land Rover sales rise 12% in Q4, Tata Motors' stock jumps

Shares of Tata Motors on Tuesday jumped nearly 6 per cent after the company-owned Jaguar Land Rover reported a 12.4 per cent rise in retail sales to 1,23,483 units in the fourth quarter of 2020-21.

Covid-19 pandemic washes out 6 years of growth in auto sales: SIAM data

The decadal growth in the auto industry has now slowed from 12.8 per cent to 1.8 per cent, indicating there is a lot more to the slowdown

India auto sales down 13%, industry retreats by six years in pandemic

Companies sold a total of 18,615,588 of automobiles in FY21, lowest since FY15: Association.

Citroen C5 Aircross SUV set to launch today: Here's all you need to know

The 5-seater premium SUV can be ordered online or through Citroen's dealership.

Triumph Trident 660 set for India launch today: Check details here

The booking for Triumph's middle-weight street bike started in November 2020 and it will be available in India roads after April 6

Last year's low base puts March sales of two-wheelers in top gear

Cumulative sales in March at the top five two-wheeler makers soared 75% to 1,421,600 units during the month against 808,692 units a year ago

Low base, recovery in demand drive March auto sales into fast lane

Maruti Suzuki, India's largest carmaker, reported a near 100 per cent jump in sales in March at 167,014 units against just 83,792 units last year

Honda Motorcycle & Scooter India posts 395,037 unit domestic sales for Mar

Honda Motorcycle & Scooter India (HMSI) on Thursday reported domestic sales of3,95,037 units in March this year. The company had sold 245,716 units in the same month last year when sales were impacted by coronavirus-induced lockdown. Exports stood at 16,000 last month, HMSI said in a statement. The company said it closed FY21 with total sales of 4,073,182 two-wheelers, including domestic sales of 38,65,872 units and exports of 2,07,310 units. HMSI Director (Sales and Marketing) Yadvinder Singh Guleria said, "FY2020-21 was a year of unprecedented uncertainties. Honda resiliently overcame challenges from lockdowns to unlocks.

Maruti to hike prices from April 1, other firms may follow as costs rise

India's largest carmaker will make a second round of price increase since January

Tata Motors clocks highest-ever PV sales in 9 years in Feb 2021; stk up 5%

ICICI Securities maintain 'buy' rating on Tata Motors with target price of Rs 375 per share.