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PV segment likely to see record 18-20% growth in FY24: Report

PV segment likely to see record 18-20% growth in FY24: Report

Tue, Jan 23, 2024

It also projected the PV sales volume to continue this growth momentum in the next fiscal, driven by factors such as strong order book and improvement in supply chain, the credit ratings agency said.

SUV demand push passenger vehicle wholesales past 40 lakh milestone in 2023

SUV demand push passenger vehicle wholesales past 40 lakh milestone in 2023

Fri, Jan 12, 2024

Commercial vehicle dispatches grew to 9,78,385 units last year as against 9,33,396 units in 2022.Similarly, total three-wheeler wholesales jumped to 6,80,550 units from 4,18,510 units in 2022 calendar year.

Maruti, Hyundai see drop in retail sale market share last fiscal: FADA

Maruti, Hyundai see drop in retail sale market share last fiscal: FADA

Tue, Apr 18, 2023

Passenger vehicle leaders Maruti Suzuki India and Hyundai Motor saw their market share dip in FY23 as compared with FY22 as they struggled with shortage of electronic components, according to automobile dealers' body FADA.

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Passenger vehicle exports from India rise 15% in FY23; Maruti Suzuki leads segment

Passenger vehicle exports from India rise 15% in FY23; Maruti Suzuki leads segment

Mon, Apr 17, 2023

The total passenger vehicle (PV) exports stood at 6,62,891 units in the 2022-23 fiscal as compared to 5,77,875 units in 2021-22.

Passenger vehicle retail sales up 14% in March: FADA

Passenger vehicle retail sales up 14% in March: FADA

Tue, Apr 04, 2023

Two-wheeler retail sales rose to 14,45,867 in March, up 12 per cent from 12,86,109 units in the year-ago period, the Federation of Automobile Dealers Associations (FADA) said in a statement.

PV dispatches rise 17% in January to 2,98,093 units as robust demand continues for utility vehicles

PV dispatches rise 17% in January to 2,98,093 units as robust demand continues for utility vehicles

Mon, Feb 13, 2023

In the April-January period of this fiscal, the total passenger vehicle dispatches stood at 31,69,788 units, up 32 per cent from 24,03,125 units in the same period of last fiscal.

December 2022 auto sales: Firms see mixed trends; new launches, easing of chip shortage to propel PVs & 2-wheelers sale, analysts say

December 2022 auto sales: Firms see mixed trends; new launches, easing of chip shortage to propel PVs & 2-wheelers sale, analysts say

Wed, Jan 04, 2023

Ashwin Patil of LKP Securities believes December 2022 auto sales were sequentially low due to the high base of November and it being a seasonally weak month.

Passenger vehicle wholesales rise 28% in November

Passenger vehicle wholesales rise 28% in November

Tue, Dec 13, 2022

Utility vehicle wholesales rose 32 per cent to 1,38,780 units in November against 1,05,091 units in the year-ago period.

Auto major Tata Motors considering to hike prices for passenger vehicles from next month - here's why?

Auto major Tata Motors considering to hike prices for passenger vehicles from next month - here's why?

Mon, Dec 05, 2022

Tata Motors Managing Director - Passenger Vehicle and Electric Vehicles Shailesh Chandra said the price revision would also offset the impact of commodity prices, which have remained high for the most part of the year.

Passenger vehicle makers to invest Rs 65,000 crore by FY25 to ramp up capacity

Passenger vehicle makers to invest Rs 65,000 crore by FY25 to ramp up capacity

Mon, Nov 28, 2022

With ease in supply chain constraints and semiconductor shortage, capacity utilisation of the OEMs (Original Equipment Manufacturers) improved to healthy levels over the past few quarters --factoring in a continuation of strong demand sentiments, the OEMs have now revved up their capacity expansion plans, Icra said.

Mahindra ties up with three EV infra players for charging solutions

Mahindra ties up with three EV infra players for charging solutions

Wed, Nov 09, 2022

With these partnerships, Mahindra EV users will get seamless access to a robust fast charging infrastructure and e-mobility solutions spanning across discovery, availability, navigation and transactions, the Mumbai-based automaker said in a statement.

India's passenger vehicle exports surge by 2% in July-September; Maruti Suzuki leads

India's passenger vehicle exports surge by 2% in July-September; Maruti Suzuki leads

Sun, Oct 16, 2022

The total passenger vehicle (PV) exports stood at 1,60,590 units in the July-September period as compared with 1,57,551units in the same period a year ago.

Passenger vehicle wholesales jump over two-fold to 2,51,052 units in May

Passenger vehicle wholesales jump over two-fold to 2,51,052 units in May

Fri, Jun 10, 2022

On a low base of Covid-19-hit May last year, passenger vehicle dispatches to dealers in India increased by two-fold last month, as per PTI report.

Passenger vehicle retail sales dip 8% in Feb as chip woes continue: FADA

Passenger vehicle retail sales dip 8% in Feb as chip woes continue: FADA

Fri, Mar 04, 2022

Domestic passenger vehicle retail sales declined eight per cent in February as the companies continued to suffer production loss due to chip shortage, automobile dealers' body FADA said on Friday.

Passengers vehicles exports rose 46% in India in April-December; Maruti Suzuki leads segment

Passengers vehicles exports rose 46% in India in April-December; Maruti Suzuki leads segment

Sun, Jan 16, 2022

Passenger vehicle exports from India increased 46 per cent in the first nine months of the current fiscal year, with Maruti Suzuki India leading the segment with dispatches of around 1.68 lakh units.

November auto sales numbers lower than estimates across segments – see full report

November auto sales numbers lower than estimates across segments – see full report

Wed, Dec 01, 2021

November auto sales numbers do not reflect a buoyant mood and are weaker than the estimates. This phenomenon is seen across all segments. Zee Business’ Kushal Gupta brings this report

Auto sales continues to fall down, Passenger vehicle sales majorly fall

Auto sales continues to fall down, Passenger vehicle sales majorly fall

Tue, May 14, 2019

Auto sales continues to fall down, Passenger vehicle sales majorly fall. Watch this video to know more.

Passenger Vehicles retail sales dip 10 pct in March: FADA

Passenger Vehicles retail sales dip 10 pct in March: FADA

Wed, Apr 10, 2019

Three-wheeler sales saw a dip of 6 per cent to 53,229 units last month. Total sales across categories declined by 8 per cent to 16,82,656 units in March, as against 18,21,538 units in the same month last year.

Passenger vehicle sales dip 2.96% to 2,91,806 units in March

Passenger vehicle sales dip 2.96% to 2,91,806 units in March

Mon, Apr 08, 2019

Meanwhile, sales of commercial vehicles were up marginally to 1,09,030 units in March, SIAM said.

February 2019 Vehicle Registration Data is here - Sales falls to newer lows; check what all led to this big downfall

February 2019 Vehicle Registration Data is here - Sales falls to newer lows; check what all led to this big downfall

Wed, Mar 13, 2019

FADA Vehicles Registration, Sales Data: The Monthly Vehicle Registration Data for the month of February 2019 is certainly not positive news for Indian Auto Sector.

Passenger vehicle sales down 1.11% in Feb; to miss FY forecast: SIAM

Passenger vehicle sales down 1.11% in Feb; to miss FY forecast: SIAM

Fri, Mar 08, 2019

In February, PV market leader Maruti Suzuki India posted 0.19 per cent increase at 1,39,912 units. Hyundai Motor India saw its PV sales decline by 3.13 per cent to 43,110 units. Mahindra & Mahindra, however, posted 16.86 per cent growth at 26,106 units.

Crisis in autoland? Buyers script sad tale for carmakers

Crisis in autoland? Buyers script sad tale for carmakers

Fri, Aug 10, 2018

Passenger vehicle sales in India declined for the first time in nine months, on account of high base last year when sales had spiked due to the GST rollout across the country.

Passenger vehicle finance market to touch Rs 6.5 lakh crore by 2022

Passenger vehicle finance market to touch Rs 6.5 lakh crore by 2022

Wed, Apr 04, 2018

The overall passenger vehicle (PV) credit is expected to grow at 16-17% compounded annual growth rate (CAGR) over the next five years and reach a portfolio size of about Rs 6.5 lakh crore by March.

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