Page 18 - Auto Sales

Force Motors surges 13% as June sales more than double

The company's total auto sales more-than-doubled or rose 124 per cent YoY to 1,925 units in June 2021

June auto sales: MG Motor India reports retail sales of 3,558 units

MG Motor India on Thursday reported retail sales of 3,558 units in June

Farm equipment maker Escorts logs tractor sales at 12,533 units for June

Farm equipment manufacturer Escorts Agri Machinery (EAM) on Thursday said its tractor sales stood at 12,533 units for June.

Bajaj Auto reports 24% jump in total sales at 346,136 units in June

Bajaj Auto on Thursday reported 24 per jump in its total sales at 3,46,136 units in June 2021. The company had sold 2,78,097 units in the same month a year ago. Domestic sales in June this year were at 1,61,836 units as against 1,51,189 units, up 7 per cent, Bajaj Auto said in a regulatory filing. Total motorcycle sales stood at 3,10,578 units, an increase of 22 per cent, as compared to 2,55,122 units sold in June last year. Total commercial vehicle sales were at 35,558 units as against 22,975 units in the same month last year, up 55 per cent, the company said. Exports in June jumped 45 per cent to 1,84,300 units as against 1,26,908 units in the corresponding month last year, it added.

Citroen partners with CarWale for last-mile delivery of C5 Aircross SUV

Citroen has partnered with CarWale for last-mile delivery of its flagship vehicle model, the new Citroen C5 Aircross SUV

Maruti, Tata Motors: Auto stocks showing positive trend reversal on charts

Maruti Suzuki was the top-performing index stock as it rose over 4 per cent after the company said it would be raising vehicle prices in the July-September quarter

Automobile dealers see sales recovering in 2 months as states unlock

Walk-ins 'very less' as approximately 40 per cent of 26,000 automobile dealerships resume work.

After a washed-out May, can auto sales rebound anytime soon?

Analysts expect the 'pent-up demand' story to play out from the second quarter of the financial year 2021-22 (Q2FY22) as states unlock

Top Headlines: CBSE Class 12 Board cancelled, Maruti's sales take 71% hit

Our top headlines Wednesday track the Indian economy

Lockdowns put auto sales in slow lane in May, Maruti takes 71% hit

With number of cases declining, industry expects recovery in second quarter

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