Page 14 - Automobile Sales

Auto slowdown: Component makers, vehicle manufacturers differ on recovery

Passenger vehicle sales fell around 20 per cent year-on-year in the April to October period, first seven months of this financial year

Despite heavy discounts, festive season fail to drive up vehicle sales

According to reports, discounts offered were 10-25 per cent on sticker prices, depending on the model

Auto sales growth outlook revised to 5-7% for FY20, says report

The auto sales in the same period last year registered a double-digit growth at 14.5 per cent

Ola, Uber not 'strong factor' in auto sector slowdown: Maruti Suzuki

Ownership pattern in India still has not changed and people purchase cars with an "aspirational aspect", MSI Executive Director (Marketing and Sales) Shashank Srivastava said in an interview

Auto crisis: Wholesale numbers may take a back seat amid rising inventory

So far, auto firms have been reporting monthly despatches on the first of the following month

Yes, there is a downturn in auto sector but who should do the fixing?

Instead of industry asking the government to address the income effect, the government should ask the industry to address the substitution effect

Let equity markets worry about cars, bond investors have eyes on the road

Like its bigger neighboring economy, Indonesia, too, is hungry for capital that would create jobs for its teeming youth population

Slowdowns are the nurseries of capitalism, says Asha Ram Sihag

Sihag also took a swipe on the industry for calling it an unprecedented slowdown

Motown crisis: Spectre of job losses hangs over Gurugram, Manesar auto belt

More than a dozen factories have shut shop in past one year and job losses are estimated to be between 30,000 and 50,000

Motown crisis: Deafening silence at Pimpri-Chinchwad's auto parts units

The first of a 3-part series captures how declining sales and job losses have hit companies in Pimpri-Chinchwad, an automobile hub bordering Pune

Ashok Leyland truck sales drops 70% in Aug; total M&HCV sales slide 63%

Light commercial vehicle sales dropped by 12% to 3,711 units in August 2019

Auto stocks slide up to 5% as sales see steep fall in August

At 10:00 am, the S&P BSE Auto Index was down 0.7 per cent or 109 points at 15,660, as compared to 0.93 per cent decline in the S&P BSE Sensex

Govt has done its bit, now industry must create demand: BMW Group India CEO

India is not a short-term story and we believe in its long-term growth, said BMW Group India CEO

Passenger vehicle sales drop 11% YoY, but up 4% MoM on monsoon revival

Sales of passenger vehicles and two-wheelers drop YoY in July even as two segments perform better than June

Passenger vehicle sales fall 11% in July on weak demand: Dealers' group

Total sales across categories declined by 6% to 1,654,535 units in July as against 1,759,219 units

Auto sales skid 10 months on the trot, new vehicle registrations down 5.4%

Industry cites tight liquidity, dealyed monsoon; dealer inventories brought down with some help from manufacturers

Automobile sales drop 7.5% YoY in May 2019, two-wheeler worst hit: FADA

Dealers expect the near term outlook for the next 4-6 weeks to be gloomy

Automobile industry sees 3% decline in December sales on slow dispatches

Sales of passenger vehicles (cars, vans and utility vehicles) slipped by 0.43 per cent to 238,692 units, the fifth monthly decline since July 2018.

In the fast lane: Trucks, two-wheelers steal the show in December sales

Each of these segments had posted declines in December 2016 owing to demonetisation

Auto sales grew 14% in November

Trend expected to continue in December