Page 9 - Passenger Vehicle Sales

Tata Power to set up EV charging stations at vehicle zones of Apollo Tyres

Tata Power has partnered with Apollo Tyres to deploy electric vehicle charging stations at the latter's commercial and passenger vehicle zones across India. Tata Power and Apollo Tyres have announced a strategic partnership in this regard, a statement said. Tata Power has a presence across all the segments of the EV charging ecosystem and has deployed all types of chargers DC 001, AC, Type2, Fast DC chargers up to 50kwh and up to 240kwh chargers for buses. "We are glad to partner with Apollo Tyres for the deployment of EV charging stations across their commercial & passenger vehicle zones. This partnership reflects our commitment to developing and expanding the electric vehicle ecosystem in the country," Praveer Sinha, CEO and MD of Tata Power, stated. Based on location, this classification of chargers will support EV charging for two-wheelers and four-wheelers, respectively. As per the agreement between Apollo Tyres and Tata Power, the latter will set up Charging Stations at 150

Passenger vehicle dispatches slide 13% in December on chip shortage: SIAM

Passenger vehicle wholesales in India declined 13 per cent to 2,19,421 units last month, auto industry body SIAM said on Friday. Passenger vehicle sales in December 2020 stood at 2,52,998 units. As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also fell 11 per cent to 10,06,062 units, compared to 11,27,917 vehicles in December 2020. Motorcycle sales declined 2 per cent to 7,26,587 units as against 7,44,237 units in December 2020. Scooter sales were also down 24 per cent at 2,46,080 units from 3,23,757 vehicles a year ago. In October-December period of this fiscal year, passenger vehicle sales declined 15 per cent to 7,61,124 units from 8,97,908 units in the year-ago period. Two-wheeler sales during December quarter dropped 25 per cent to 35,98,299 units as compared to 47,82,110 units in the same period a year ago. However, commercial vehicle sales saw marginal increase at 1,94,712 units in the quarter under review against 1,93,034

Vehicle registration falls 16% across categories in December: FADA

Poor demands plagues two-wheelers, chip shortage derails PV sales; dealer body cautious of road ahead as various state govts once again announce Covid curbs

Passenger vehicle retail sales dip 11% in Dec amid semiconductor woes

Passenger vehicle retail sales in India witnessed an 11 per cent year-on-year decline in December as semiconductor shortage continued to impact the segment, automobile dealers' body FADA said

Bharat sustains sales for Maruti even as chip shortage chokes India volumes

Positive macroeconomic indicators in rural India have helped passenger vehicle sales

Passenger vehicle sales dip 19% in Nov as chip shortage woes continue: SIAM

'In the festive season, industry was hoping to make up for the lost ground, but the sales in the month of November 2021, were the lowest in seven years for passenger vehicles,' says SIAM director

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Semiconductor crisis keeps passenger vehicle sales in slow lane in November

Industry non-committal on time frame by which production will get to normal. Total Overall passenger vehicle sales during the month declined 14% YoY to 286,000 units

Auto makers rework shop floor strategies amid stubborn chip shortage

Country's largest carmaker Maruti reports 33% decline in October sales

Tata Motors total sales increase 30% to 67,829 units in October

The company's total dispatches in October 2020 stood at 52,132 units

Navratri sales: Chip shortage dents PV retails, 2-wheelers see weak demand

High acquisition cost dissuades motorcycle and scooter buyers this festive season, while carmakers have been unable to cater to the demand owing to chip shortage

Amid chip shortage, passenger vehicle dispatches drop 41% in Sept: SIAM

Passenger vehicle wholesales in India witnessed a decline of 41 per cent year-on year in September as automobile manufacturers struggled to produce adequate units owing to semiconductor shortage

Maruti Suzuki sales slide 46% in September due to chip shortage

For Maruti, sales of mini cars, comprising Alto and S-Presso, fell 45.18 per cent to 14,936 units against 27,246 units in the same month last year

Semiconductor shortage effect: Auto wholesale dip 11% in August, says SIAM

The total wholesales across categories, excluding commercial vehicles, declined to 1,586,873 units last month, compared to 1,790,115 units in August 2020.

Passenger vehicle retail sales increase 39% in August, says FADA

According to the Federation of Automobile Dealers Associations, PV sales stood at 1,82,651 units in August 2020

Mahindra's domestic passenger vehicle sales up 17% in August

Mahindra & Mahindra (M&M) on Wednesday reported a 17 per cent increase in domestic passenger vehicle sales at 15,973 units in August as compared to the same month last year. The company had sold 13,651 units in August 2020, M&M said in a statement. In the commercial vehicles segment, the company sold 11,432 vehicles in the domestic market last month, as against 15,606 units in the same month last year, a drop of 27 per cent. Exports increased to 3,180 units last month as against 1,169 units in the year-ago month. "Demand across our product portfolio continues to remain strong with Thar, XUV 300 and our recently launched Bolero Neo and our Bolero Pik-up range clocking in impressive booking numbers. Growth momentum in exports continued with sales of 3,180 vehicles, registering an increase of 172 per cent," M&M Chief Executive Officer Automotive Division Veejay Nakra said. Supply of semiconductors continues to be a global issue for the auto industry and has been a major ..

Passenger vehicle wholesales jump 45% to 264,000 units in July, says Siam

Though there was a recovery in the passenger vehicles segment sales

Passenger vehicle sales in India rise 45% in July to 264,000 units: SIAM

Passenger vehicle wholesales in India increased by 45 per cent to 2,64,442 units in July against 1,82,779 units in the same month last year, auto industry body SIAM said on Thursday. According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches from the OEMs to dealerships declined by 2 per cent to 12,53,937 units in July, compared to 12,81,354 units in the year-ago period. Motorcycle sales were at 8,37,096 units last month as against 8,88,520 units in July 2020, down 6 per cent. Scooter sales increased 10 per cent to 3,66,292 units from 3,34,288 units. Similarly, three-wheeler sales surged 41 per cent to 17,888 units last month as against 12,728 units a year ago. The total sales across categories, excluding commercial vehicles, stood at 15,36,269 units compared to 14,76,861 units in July last year.

Tata Motors increases passenger vehicle prices by 0.8% effective Aug 3

Tata Motors on Monday said it has increased prices of its passenger vehicles by 0.8 per cent with effect from August 3. The Mumbai-based auto major, which sells models like Nexon and Harrier, will increase prices of its passenger vehicles on an average of 0.8 per cent depending on the variant and model, Tata Motors said in a statement. The company noted that it would offer protection from the price increase to vehicles that will be retailed on or before August 31. For the well-being of its business and supporting ecosystem, the company had recently announced that it has set in motion a comprehensive Business Agility Plan' to protect and serve the interests of its customers, dealers and suppliers. Last week, the automaker had noted that it is looking to increase prices of its entire range of passenger vehicles to offset the steep rise in procurement cost of essential materials like steel and precious metals. Tata Motors President Passenger Vehicles Business Unit (PVBU) Shailesh Cha

Passenger vehicle sales dip 66% in May amid Covid disruptions: SIAM

Sales fell to 88,045 units