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Auto sales on ascending track riding on festive cheer, smooth chip supplies

Auto sales on ascending track riding on festive cheer, smooth chip supplies

by AIP Online Bureau | Oct 1, 2022 | Eco/Invest/Demography, Indian News, Non-Life

”It is the second best month for the company in 42 months,” MSI Senior Executive Director (Marketing & Sales) Shashank Srivastava told reporters. The best month for the auto major was October 2020 when it had dispatched 1,63,000 units in the domestic...
Auto sales in fast lane on easing chip shortage blues, festive demand

Auto sales in fast lane on easing chip shortage blues, festive demand

by AIP Online Bureau | Sep 2, 2022 | Eco/Invest/Demography, Non-Life

“If we look at the entire industry, the pending orders should be in the range of 7-7.5 lakh units. Now how the production gets ramped up would determine how well the industry performs,” MSI Senior Executive Director (Sales and Marketing) Shashank...
Retail auto sales drop 8% in July: FADA

Retail auto sales drop 8% in July: FADA

by AIP Online Bureau | Aug 4, 2022 | Eco/Invest/Demography, Indian News

Federation of Automobile Dealers Associations (FADA) President Vinkesh Gulati noted that though there is a blip in July numbers, the segment continues to see introduction of new models, especially compact SUVs, aiding growth New Delhi: Automobile retail sales in India...

Auto sales remain in slow lane in FY22; two-wheeler dispatches lowest in 10 years

by AIP Online Bureau | Apr 13, 2022 | Data, Eco/Invest/Demography, Non-Life

SIAM noted that the two-wheeler dispatches in last fiscal were the lowest in 10 years. Similarly, passenger vehicle dispatches last fiscal were below 2017-18 and 2018-19 levels. ”While some segments like commercial vehicles and SUVs are seeing improvement in...
Auto sales on ascending track riding on festive cheer, smooth chip supplies

Auto sales dip 23% in Feb as supply challenges continue: SIAM

by AIP Online Bureau | Mar 11, 2022 | Eco/Invest/Demography, Indian News, Non-Life

“Continuing supply-side challenges like semiconductor shortages, increase in cost due to new regulations, higher commodity prices and higher logistics cost, etc., have impacted overall sales in the auto industry,” Society of Indian Automobile Manufacturers...
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