Page 19 - Passenger Vehicles

Mahindra's auto dispatches decline 13% in August, tractors up 69%

Mahindra's passenger vehicle segment that includes the utility vehicles and passenger cars was a saving grace and helped offset some decline in the overall auto sales

Auto majors hold steady on EV plans as pandemic wrecks ICE market

Encouraged by demand pick-up in the past few months, most are going ahead with their planned investments and models

Commercial vehicle makers may incur Rs 6000 cr net loss this fiscal: Crisil

According to Crisil, the CV makers were already hit by new overloading norms and a slowing economy when the Covid-19 pandemic arrived

2021 will be make-or-break year for Volkswagen in India: Steffen Knapp

From the HQ, the clear message is that we have been affected by the Covid-19 situation and we posted our first-ever loss of almost a billion euros

Maruti, Hero plan steep production ramp up ahead of festive season

Maruti suppliers double the inventory to ensure uninterrupted supplies

India passenger vehicle demand likely to rebound slowly this fiscal: Report

Currently, affected by an economic slowdown and the coronavirus-induced lockdown, both demand and production have been disrupted

Passenger vehicle sales decline 49.59% in June over coronavirus, lockdown

Motorcycle sales were at 7,02,970 units as against 10,84,596 units in June 2019, down 35.19 per cent

Covid-19 impact: Tata Motors' Q1 sales fall 82% over subdued demand

The company had sold 1,37,545 units in the April-June quarter of 2019-20

Strong balance sheets may help maintain car makers credit quality: Crisil

As one of the many fallouts of the coronavirus pandemic on automobile industry, pre-owned vehicles and new small PVs may find increased preference in FY21

Commercial vehicle makers report zero sales in April amid Covid-19 lockdown

Ashok Leyland has reported zero sales of M&HCV in the month of April as against 8,918 units, in the same month a year ago

Post coronavirus lockdown, likely surge in demand may be led by SCVs & LCVs

The development comes amid the current crisis, which has been described as the worst in a century

Commercial vehicle sales declines in March over Covid-19, BS-VI transition

The domestic sales of Commercial Vehicles for Tata Motors declined 90 per cent in the month of March 2020, at 5,336 units compared to 50,917 units in March 2019

Tata Motors to carve out PV biz as separate entity, to see change of guard

The move is aimed at securing "mutually beneficial strategic alliances" that provide access to products, architectures, power trains, new-age technologies, and capital

Domestic passenger vehicle sales fall 7.6% in February, says Siam

Vehicle sales across categories registered a decline of 19.08 per cent to 1,646,332 units from 2,034,597 units in January 2019, it said.

We expect markets to remain polarised: Centrum Broking's Nischal Maheshwari

Given the ongoing global risk sentiment, investors are flocking to safe-haven asset classes and avoiding risky EM asset classes, said Maheshwari

Shared mobility can unclog India's cities

India has a total of over 30 million passenger vehicles

Passenger vehicle sales dip 1.24% YoY in December; car sales down 8.4%

Sales of commercial vehicles were down 12.32 per cent to 66,622 units in December SIAM said

Amid slowdown, Icra maintains negative outlook on passenger vehicle, CV

There was a sharp divergence in retail demand growth and wholesale despatches during the first half of FY20 as focus was towards reducing inventory level, Icra said

Decline in PV, two-wheeler inventory may help smooth transition to BS VI

Commercial vehicles are yet to see relief in terms of unsold inventory levels

Passenger vehicle October retail sales up 11% on festive demand: Report

Total sales across categories rose 4 per cent to 17,09,610 units in October, as against 16,38,832 units in the same month last year.