Fri, Nov 03, 2017
The growth is driven by pent-up demand post GST, healthy replacement-led demand especially in Tractor Trailer segment owing to stricter implementation of CMVR regulations and pick-up in construction
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Fri, Aug 11, 2017
Car sales rose by 15% on good growth in the UV segment as price cuts due to implementation of GST fuelled growth.
Tue, Aug 01, 2017
Automobile sales in July saw a huge surge in sales due to the implementation of GST and higher wholesale sales due to stocking at dealership level.
Fri, Mar 31, 2017
Automobile industry experts have said the Supreme Court's recent decision to ban BS III vehicles has resulted in commercial vehicle and two-wheeler makers to offer heavy discounts on their vehicles.
Wed, Mar 01, 2017
"Passenger vehicles growth was due to continued strong demand for the Tata Tiago. The company has also received an encouraging response to its recently launched lifestyle UV, Tata Hexa, " said Tata Motors.
Thu, Dec 01, 2016
Pravin Shah, President & Cheif Executive (Automotive), M&M said, “While we expected an improved auto industry performance on the back of the festive season and other positive parameters such as rural demand and interest rates softening, the sudden announcement of demonetisation has brought in an immediate disruption and uncertainty.”
Tue, Nov 01, 2016
Sales of commercial vehicle (CV) in India is likely to grow at a low double-digit pace in the current fiscal, Moody's Investors Service said in its latest report.
Sun, Oct 02, 2016
Tata Motors on Saturday reported an 8% increase in total sales at 48,648 units in September. The company sold 45,215 units in the same month last year.
Wed, Aug 10, 2016
Hyundai Motor India Ltd (HMIL) also saw its car sales increase by 12.15 % to 33,197 in July as against 29,599 units in the same month last year. The company saw its UV sales rise 15.93 to 8,004 units during the month from 6,904 units in July last year.
Mon, Jul 11, 2016
A sharp revival in CV sales is often followed by a swift turnaround in the manufacturing sales.
This growth in sales was on the back of sales of utility vehicles (UV) which posted a 38.04% growth.
Sun, Jun 26, 2016
SIAM, in April, had revised downwards its growth forecast for passenger vehicle sales to 6-8% for the current fiscal.
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