Page 3 - Pv Sales

Piaggio Vehicles adds 100 dealerships pan-India in commercial, PV biz

Piaggio Vehicles on Tuesday said it has added 100 dealerships in both its commercial and passenger vehicle businesses across India in 100 days despite challenging times.

M&M reports sale of 40,403 units in March, exports stand at 2,126 units

Mahindra & Mahindra (M&M) on Thursday said it has sold a total of 40,403 units in March. The company had dispatched 6,679 units in March 2020 amid sales disruptions due to COVID-19 pandemic. The Mumbai-based automaker sold 16,700 passenger vehicles last month in the domestic market. It had dispatched 3,383 units in March 2020. It sold 21,577 commercial vehicles in the domestic market last month. The company had dispatched just 2,742 units in March 2020 due to coronavirus-led lockdown. "At Mahindra we are witnessing very good momentum in demand and have a strong pipeline of bookings across our SUV range of Bolero, Scorpio, XUV300, All-New Thar and also the Bolero Pik-up," M&M Automotive Division CEO Veejay Nakra said in a statement. In fact Bolero volumes for March have been the highest in this financial year and despite supply constraints the company has been able to ramp up production of Bolero Pik-up significantly during the month, he added. "We expect supply challenges .

Tata Motors reports sale of 66,609 units in domestic market in March

Total passenger vehicle sales last month stood at 29,654 units. The company had sold 5,676 units in March 2020

Expect domestic PV industry growth in double digits in FY22: Tata Motors

Tata Motors expects domestic passenger vehicles industry to grow in double digits in 2021-22 on the back of continued robust demand momentum

PV retail sales dip 4% in Jan as semiconductor shortage impacts vertical

Automobile dealers' body FADA on Tuesday said passenger vehicle (PV) retail sales in January witnessed a year-on-year decline of 4.46 per cent to 2,81,666 units

PV sales in India at ten-year low, industry working to regain volumes: SIAM

The industry will have to work hard to regain better volumes and business health, industry body SIAM said on Thursday

Passenger vehicle sales increase 13.6% in December, says SIAM

Passenger vehicle sales jumped 13.6 per cent in December to 2.52 lakh units as compared to 2.22 lakh in the year-ago period, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday.

Nifty Auto index at over 2-year high on hopes of strong Q3 earnings growth

Nifty Auto index has jumped 8 per cent on a year-to-date basis in 2021

Top headlines: PV sales snap 11-month slide in Oct, Uddhav faces acid test

As many as 70,000 employees of BSNL have already opted for the VRS scheme which was launched last week

Commercial vehicle makers unlikely to see festive cheer in October sales

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

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

Jan PV sales slide for 3rd straight month as manufacturers reduce inventory

Domestic car sales were also down for the third consecutive month, declining 2.65 per cent to 179,389 units

Crisil downgrades passenger vehicles' sales forecast to 7-9% for FY19

The two-wheeler sales volume rose at a robust 17% rate

PV sales rise over 15% in July as dealers restock vehicles post GST

Sales of commercial vehicles increased 13.78 per cent to 59,000 units in July, SIAM said