Page 13 - Automobile Sales

Passenger vehicle sales increase 14% in August to 215,916 units: SIAM

Passenger vehicle sales in India increased by 14.16 per cent in August to 2,15,916 units as against 1,89,129 units in the same month last year, auto industry body SIAM said

Maruti, Tata Motors: Auto stocks likely to gain as August sales improve

Despatches at India's top two carmakers - Maruti Suzuki India (MSIL) and Hyundai Motor India (HMIL) - zipped past not only the pre-Covid phase

Bajaj Auto posts 9% fall in total sales in August with 356,199 units sold

Bajaj Auto on Wednesday reported a 9 per cent fall in its total vehicle sales at 3,56,199 units in August

New vehicle registrations plunge 36% in July; PV retail sales down 25.19%

Dealers say full-year outlook remains negative with a projected contraction in retail sales of 15-35% across all segments, save tractors

Toyota Kirloskar sales decline 48% in July; Hyundai records 28% drop

"Despite various challenges, the month of July witnessed better sales in terms of both retail and wholesales when compared to June," TKM Senior Vice-President said

Auto Q1 preview: Tractor, two-wheeler companies may buck the slowdown trend

Analysts at Nirmal Bang Institutional Equities expect Maruti Suzuki to post a loss for the quarter under review, led by 80 per cent sequential sequential dip in volume and negative operating leverage

Royal Enfield records 35% decline in sales at 38,065 units in June

Niche bike maker Royal Enfield has reported a 35 per cent decline in total sales at 38,065 units in June. The company had registered total sales of 58,339 units in the same month a year ago, Royal Enfield said in a late night statement on Wednesday. Domestic sales in June were at 36,510 units as against 55,082 units in the year-ago month, down 34 per cent, it added. Exports last month were at 1,555 units as compared with 3,257 units in June 2019, a decline of 52 per cent, it said.

Auto stocks in top gear despite sales de-growth due to Covid-19

In May, the S&P BSE Auto index gained 5.6 per cent as compared to 3.8 per cent decline in the S&P BSE Sensex.

RBI's 40 bps rate cut to revive auto, real estate sales, say CEOs

Rise in group exposure limits to help large corporates

Royal Enfield starts production at Chennai, 120 dealers back in business

Two other plants to start in a phased manner; 100 more dealers likely to get back this month

Covid-19: Two-wheeler sales hit top gear, but companies tread with caution

Top officials at two-wheeler makers said they have seen an encouraging response with a steady increase in inquiries and sales

Coronavirus impact: Royal Enfield reports sales of 91 units in April

The company suspended operations and production across its factories, technology centres in India and UK, all company offices and dealerships in the country starting March 23, 2020

Top headlines: 1,200 migrants leave Telangana by special train, and more

Business Standard brings to you a snapshot of stories that made to the headlines

Dealers knock at the Prime Minister's door as automobile sector hits snag

For the last 15 months, the auto industry has already been under an unexpected severe slowdown

Coronavirus lockdown: Auto volumes hit slow gear, could witness 50% decline

While sales of passenger vehicles and two-wheelers were expected to fall 40-50 per cent, sales of commercial vehicles are expected to dip 70-90 per cent.

BS-VI transition, production cuts, slowdown hurt Feb auto sales: Experts

Automobile major Maruti Suzuki India reported a 1.1% YoY fall in its total sales in February at 1,47,110 units

Auto sales continue to slide in Dec, likely to remain subdued for some time

With total sales of 133,296 passenger vehicles, the country's leading carmaker Maruti Suzuki India recorded 2.4 per cent year-on-year rise in car sales during December

Cars to get pricier in new year: Maruti announces price hike amid slowdown

Primary steel producers in the domestic market have raised product prices by 2.5 to 3 per cent for December to address margin compression and in anticipation of a demand pick-up

Auto sector may spend Rs 17,000 cr on capex till FY21 despite slowdown

Projected capex will largely be towards BSVI transition, international expansion

Maruti to bring BS-6 petrol version of Brezza, S-Cross before April 1

The official said auto manufacturers will have to wait for another two-three months to say if the country's automobile industry has come out of slowdown.