Page 17 - Auto Sales

Skoda Auto India posts nearly four-fold jump in sales at 3,829 units in Aug

Skoda Auto India on Wednesday reported a nearly four-fold jump in sales at 3,829 units in August 2021. The company had sold 1,003 units in the same month last year, Skoda Auto India said in a statement. While the newly launched SUV Kushaq has fueled the growth for the brand in India, other models such as Superb, Octavia and Rapid have also contributed to the increase in sales volumes, it added. Commenting on the sales performance, Skoda Auto India Brand Director Zac Hollis said, "Our August sales have grown significantly and reflect the increasing popularity of the Skoda brand in India. This market is important for the global growth ambitions of the brand and we have a detailed strategy to strengthen our presence here." He further said, "Along with our focused product strategy, we have taken several measures towards building a strong bond with our customers and improving the overall brand experience." The company said with the roll out of its 'India 2.0' strategy, which began with

Hyundai Motor India reports 12% rise in sales in August at 59,068 units

Hyundai Motor India Ltd (HMIL) on Wednesday reported a 12.3 per cent increase in total sales at 59,068 units in August.

Toyota Kirloskar domestic sales surge two-fold to 12,772 units in August

Toyota Kirloskar Motor on Wednesday reported over two-fold increase in domestic wholesales in August at 12,772 units as compared with August 2020

Maruti Suzuki to hike prices across models from Sept; stock rises 2.9%

The hike could be steeper than last three rounds, pushed by an exponential increase in prices of raw materials such as steel and copper, analysts said

Pent-up demand to push auto dealer volumes up by 10-15% in FY22: CRISIL

Festive season sales and pent-up demand along with new launches are expected to push automobile dealers' volumes up by 10-15 per cent in FY22, even as they see a patchy recovery this fiscal: CRISIL

Kia sells 200,000 units of SUV Seltos in 2 years of operations in India

South Korean auto major Kia on Friday said it has sold two lakh units of its flagship SUV Seltos in two years of its operations in India.

China vehicle sales tumble amid Covid-19, semiconductor shortage

China's vehicle sales slid in July for a third consecutive month, hit hard by flooding in some areas of the country, Covid-19 outbreaks in other areas and the global shortage of semiconductors

India auto retail sales up 34% in July as Covid-19 restrictions ease

Low base, along with rising demand, pushed up India's overall vehicle retail sales on both sequential and year-on-year basis in July 2021

Suzuki Motorcycle's total sales up over two-fold at 73,083 units in July

Suzuki Motorcycle India Pvt Ltd (SMIPL) on Monday reported an over two-fold increase in total sales at 73,083 unit sales in July 2021

Ashok Leyland hits over 2-year high on July sales data; up 18% in 4 days

The company reported an 81 per cent year-on-year growth in total sales to 8,650 units in July 2021

Two-wheeler sales remain subdued in July as manufacturers limit dispatches

Cumulative sales at four companies including Hero MotoCorp, Bajaj Auto TVS Motor and Royal Enfield during the month dropped by 2.4%

Sensex up 364 pts, Nifty tops 15,850; auto, IT, realty stocks march ahead

In the broader markets, both, the BSE MidCap and SamllCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade

Demand revival puts auto sales in top gear, Maruti posts 50% growth

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

Hero MotoCorp reports 13% dip in total sales at 454,398 units in July

The country's largest two-wheeler maker Hero MotoCorp on Sunday reported a 13 per cent dip in total sales at 454,398 units in July

Lockdown relaxation accelerated June auto sales growth: India Ratings

Relaxation of localised lockdowns in most parts of the country led to the sequential as well as year-on-year increase in domestic auto sales volumes in June 2021

TaMo to invest Rs 28,900 cr in domestic biz, JLR in FY22: Chandrasekaran

The firm is also investing on development of hydrogen fuel cell vehicles, company Chairman N Chandrasekaran said

Honda upgrades connected features on 5th gen City with Google Assistant

The company said it has enhanced the Next-Gen Honda Connect platform by introducing Honda Action on Google.

Maruti Suzuki Nexa completes 6 yrs with cumulative sales of 1.4 mn units

Maruti Suzuki India (MSI) on Friday said its premium sales network Nexa has crossed 1.4 mn sales milestone in six years of coming into existence

China's automobiles sales witness slump amid shortage of car chips

China is witnessing a slump in its car sales even as demand for semiconductors and prices of raw materials have been increasing, straining the country's economic recovery and weighing on global trade

Mercedes-Benz India reports 65% growth in retail sales during H1 2021

Luxury carmaker Mercedes-Benz on Thursday reported a 65 per cent growth in its retail sales in India at 4,857 units in the first half of 2021 driven by new launches and strong demand for top-end cars