Tue, Feb 28, 2023
February Auto Sales Preview: Passenger and commercial vehicles are expected to post good sales numbers in February, while two-wheelers may show a slight demand revival in their retail figures. The auto companies every start of the month comes out with their sales numbers.
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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.
Wed, Dec 28, 2022
Most brokerages believe that the supply-chain constraint with respect to semi-conductor has largely softened, powering the major auto companies to ramp-up their production and come up with new launches.
Tue, Feb 14, 2017
Demand from smaller towns and rural areas is expected to improve post demonetisation in the near term on the back of a healthy rise in income.
Fri, Feb 03, 2017
This growth of cars was driven primarily by new launches from these companies which pushed their sales despite the tough economic scenario.
Tue, Jan 31, 2017
While the company saw a decline in its net revenues for the year, these were however higher than the market expectations. Demonetisation had an impact on its results.
Fri, Jan 13, 2017
A majority of automobile companies are expected to report weaker earnings during Q3, with the exception of Maruti, Suzuki and Eicher Motors
Thu, Jan 12, 2017
The deadline for the automobille companies to be BS-IV compliant is March 31, 2017.
Thu, Dec 15, 2016
Rajiv Bajaj said that with Dominar's launch they are targetting 20% of the Rs 1-2 lakh two-wheeler segment and if it is achieved it will be a $1 billion brand in the next 12-18 months.
Fri, Dec 02, 2016
The company said, "... saw a drop in retail sales after the demonetisation initiative when the entire industry also witnessed decline in sales."
Mon, Nov 07, 2016
The high-end two-wheelers are those above 500cc and has saw an 82.6% rise in sales from August to September.
Wed, Oct 26, 2016
Moreover, two-wheeler makers in India might be pushing dealers to bill vehicles with sub-dealers as 'sales' to push up numbers.
Fri, Oct 21, 2016
The company was acquired through its subsidiary Classic Legends Private Limited (CLPL).
Mon, Oct 10, 2016
Exports of two-wheelers shrank 12.45% in the first half of current fiscal. at 11.83 lakh units compared to 13.51 lakh units in the same period of last year. While three-wheelers were hit more severely and dropped 39.32%, at 1.59 lakh units.
Mon, Sep 19, 2016
Vinod Dasari, President of SIAM said, “Indian auto industry is committed to meet the challenge of achieving BS VI emission norms by 2020. The target is very stiff but the auto industry has accepted the challenge in view of the rising concerns on vehicular pollution, especially in the urban metros.”
Fri, Jul 29, 2016
"I would say India is very unique. It is unique because it is the biggest, it is unique because of the type of motorcycles and to some extent because of the road conditions," said Gary Guthrie.
Mon, Jul 04, 2016
In the automobile industry, the segment that is expected to benefit the most this year is two-wheelers. With prospects of higher crop yield increasing, the rural spends are expected to rise too.
Thu, Jun 09, 2016
Domestic passenger car sales dipped marginally by 0.86% to 1,58,996 units in May from 1,60,371 units in the year-ago month.
Mon, May 09, 2016
Domestic passenger car sales increased marginally by 1.87% to 1,62,566 units in April
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