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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 dip 23% in Feb as supply challenges continue: SIAM

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...

Maruti, Hyundai report decline in sales for Dec; TaMo, M&M see growth

by AIP Online Bureau | Jan 2, 2022 | Eco/Invest/Demography, Indian News, Non-Life

Maruti Suzki India senior executive director (Marketing and Sales) Shashank Srivastava said the company is optimistic about business in 2022 with pending orders alone stretching to over 2.3 lakh units “Going forward, semiconductor supplies will remain the key...

Maruti, Hyundai post decline in Nov sales as semiconductor shortage hits production

by AIP Online Bureau | Dec 1, 2021 | Eco/Invest/Demography, Indian News

Homegrown major Mahindra & Mahindra and Tata Motors along with Toyota Kirloskar Motor (TKM) posted increase in their respective domestic passenger vehicles wholesales last month. Mumbai:With semiconductor shortage continuing to impact production, top passenger...
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