The company wants to be fully prepared in terms of network before new products are launched
Passenger vehicle sales fell around 20 per cent year-on-year in the April to October period, first seven months of this financial year
UV launches, steep festival discounts bolster sales
Overall, domestic passenger vehicle sales witnessed a marginal increase of 0.28% to 2,85,027 units in October
Weighed down by an economic slowdown and increase in axle load - 30% additional capacity - major CV companies are expected to report a decline of around 20% in sales volumes in October 2019
According to JLL data, total warehousing leasing stood at 24.1 million square feet during January-September
Car and auto component makers have cut thousands of jobs and halted some production
Ashok Leyland has agreed to give 5.42% of the profit of 2018-19 as bonus to employees
Maruti Suzuki India posted 36.14% decline in its August sales at 93,173 units
In the PV segment, Maruti Suzuki India posted a 36.14% decline in its August sales at 93,173 units
Sihag also took a swipe on the industry for calling it an unprecedented slowdown
Passenger vehicles sales in the country are set to fall for a tenth consecutive month in August.
FM Nirmala Sitharaman is expected to announce steps to revive India's economic growth. Catch all LIVE updates here
Sales of passenger vehicles and two-wheelers drop YoY in July even as two segments perform better than June
Total sales across categories declined by 6% to 1,654,535 units in July as against 1,759,219 units
Siam has raised an alarm, saying the prolonged slowdown has destroyed 15,000 jobs and, without an immediate intervention by the government, there will be more
Domestic car sales were down 35.95 per cent at 1,22,956 units as against 1,91,979 units in July 2018, according to data released by SIAM
In the financial year 2018-19, FPI investors withdrew a net of $6 billion. By contrast, FPIs have brought in net investments of $5 billion in 2019-20 till July 25
According to Federation of Automobile Dealers Associations (FADA), PV sales stood at 2,35,539 units in June 2018
Vehicle sales across categories registered a decline of 12.34 per cent to 19,97,952 units from 22,79,186 units in June 2018, it added.