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Indian auto retail sales fell 19%, inventory piles up

Indian auto retail sales fell 19%, inventory piles up

by AIP Online Bureau | Oct 7, 2024 | Eco/Invest/Demography, Indian News, Non-Life

According to FADA President C.S Vigneshwar, “the Shraddh period further impacted sales negatively, leading to a YoY decline in retail sales across various categories” New Delhi: Passenger vehicle retail sales have dropped further and fell sharply by 19 per cent...
India’s EV market rises 23 pc in September with 1.59 lakh unit sales

India’s EV market rises 23 pc in September with 1.59 lakh unit sales

by AIP Online Bureau | Oct 2, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Indian News, Non-Life, Policy

Electric two-wheeler sales were 0.90 lakh units, a rise from 0.64 lakh units in the same month last year. The electric three-wheeler segment saw 0.63 lakh unit sales, compared with 0.58 lakh units in September 2023, as per the data New Delhi: In a boost for the...
Indian auto retail sales fell 19%, inventory piles up

Election uncertainty could hurt Indian auto sales in May, says Fada

by AIP Online Bureau | May 8, 2024 | Data, Eco/Invest/Demography, Policy

“The auto industry remains cautiously optimistic about its near-term outlook,” it said.Auto sales are keenly watched as a key indicator of private consumption in India. The auto sector contributes around 7% to India’s economy.Retail car sales grew...
Domestic passenger vehicle sales rise 11% in Feb: SIAM

Domestic passenger vehicle sales rise 11% in Feb: SIAM

by AIP Online Bureau | Mar 12, 2024 | Data, Eco/Invest/Demography, Non-Life

“Passenger vehicles, two-wheelers, and three-wheelers have posted growth in February 2024 compared to the previous year, while commercial vehicles have witnessed a slight de-growth,” Society of Indian Automobile Manufacturers (SIAM) President Vinod...
Domestic passenger vehicle sales rise 11% in Feb: SIAM

Auto makers start 2024 on high note, report growth in Jan sales

by AIP Online Bureau | Feb 2, 2024 | Data, Eco/Invest/Demography, Non-Life

Maruti Suzuki India’s total vehicle sales increased by 15.5 per cent at 1,99,364 units in January from 1,72,535 units in the same month last year, the company said in a statement on Thursday New Delhi: Automobile makers in the country started the New Year on a...
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