Page 4 - Vehicle Sales

Toyota Kirloskar Motor reports 10% decline in sales in Nov to 11,765

Toyota Kirloskar Motor (TKM) on Thursday said its wholesales declined by 10 per cent to 11,765 units in November 2022. The company had sold 13,003 units in the domestic market in the year-ago period. TKM has discontinued compact SUV Urban Cruiser and also paused bookings for diesel version of Innova which impacted its overall dispatches last month, a company statement said.

Aided by festive demand, PV wholesales up 29% to 291,113 units in Oct: SIAM

Passenger vehicle wholesales in India rose 29 per cent to 2,91,113 units in October aided by robust demand in the festive season, the Society of Indian Automobile Manufacturers (SIAM) said on Friday. Total passenger vehicle dispatches from companies to dealers were 2,26,353 units in October 2021. Total two-wheeler dispatches last month increased 2 per cent to 15,77,694 units as compared to October 2021. "Good market sentiments coupled with festive boost, resulted in higher sales in October, especially for passenger vehicles," SIAM President Vinod Aggarwal said. Higher inflation and rising interest rates have impacted the rural market more, thereby returning marginal growth of the two-wheeler segment, he added. Three-wheeler wholesales last month rose to 54,154 units from 31,812 units in the year-ago period. Passenger three-wheelers are witnessing better offtake due to increased shared mobility in semi-urban and urban areas, Aggarwal said. Elaborating further on the sales last mon

Commercial vehicles on recovery track, to touch FY19 peak next fiscal: VECV

Commercial vehicles (having more than 3.5 tonnes capacity) had dropped from the 2018-19 peak to 2,34,299 vehicles in 2020-21 and had increased to 3,43,199 units in 2021-22

Motor insurance picked up pace, grew neck and neck with health in H1FY23

Motor insurance, which saw muted growth in the last two years, has finally seen some momentum, although the base is low

Economy positive, demand all across: Shriram Transport Finance V-C & MD

Good demand for used vehicles in rural market, says Umesh Revankar in interview

Automobile sales revved up 11% in Sept amid festival fervour: FADA

October likely to be good, too, amid the festival season

Recovery tracker: Power generation, consumption lower than before

Decline also seen in vehicle registrations, railway freight growth

Chip crunch driving used-vehicle sales, Shriram Automall revenues up 52%

Firm says pre-Covid level of sales achieved and that pre-owned vehicles are no longer a second choice

People opting for scrapping should get discount on new vehicles: Gadkari

Auto companies will see business increasing by 25-30 per cent thanks to scrapping, says minister

Vehicle sales up 8% in Aug, two-wheelers cause for concern: FADA

Tractor sales decline 32% despite good monsoons; three-wheelers do modestly compared to 2019

Top headlines: Vehicle sales up 8% in Aug; Fitch affirms rating for 4 NBFCs

Two-wheeler sales were up 8.5 per cent and three-wheeler by 8.3 per cent in August. Passenger and commercial vehicle sales increased 6.5 per cent and 24 per cent

Ashok Leyland total vehicle sales jumps 51% to 14,121 units in Aug

Commercial vehicle maker Ashok Leyland's total vehicle sales, including exports, grew 51 per cent on an annual basis to 14,121 units in August, the company said on Thursday. The Hinduja Group flagship had sold a total of 9,360 vehicles in August 2021. The total medium and heavy Commercial Vehicle (M&HCV) sales were up 81 per cent year-on-year and touched 8,379 units from 4,632 units sold in August 2021, with truck volumes growing 70 per cent at 7,325 units, as against 4,297 units a year ago. The light commercial vehicle (LCV) sales volumes stood at 5,742 units during August, growing 21 per cent over 4,728 vehicles in the same month last year, it added. The domestic vehicle sales increased 58 per cent to 13,301 units in the month under review, from 8,400 units in the year-ago period, the company said.

Slow despatch pulls down passenger vehicle retail sales by 5% in July: FADA

Dragged down by two-wheelers, overall retail falls 8%

Recovery tracker: Greater power generation and mobility even as cases spike

Vehicle registrations and railway freight numbers came in lower than before

Recovery tracker: Higher mobility, power generation as Covid cases decline

Traffic congestion is rising again in major cities

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

Young buyers leading charge in buying pre-used cars sales: Report

The study highlights the most-compelling consumer trends and statistics with respect to the Indian used car industry

Retail vehicle sales in August rose 14%, CV sales up 98%

Dealers registered a 14.48 per cent rise in total retail sales of vehicles in August 2021, compared to the same month last year.

Automobile sales skid on chip shortage; dealers stare at supply crunch

Maruti reported a 19% decline in total sales at 130,699 units in August, as against 162,462 units in the previous month

India auto retail sales up 34% in July as Covid-19 restrictions ease

Low base, along with rising demand, pushed up India's overall vehicle retail sales on both sequential and year-on-year basis in July 2021