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Nissan to pump $9.5 billion into China business, eyes top three spot
Mon, Feb 05, 2018
Nissan Motor Co plans to invest 60 billion yuan ($9.5 billion) in China over the next five years with its joint-venture partner as it seeks to become a top three automaker in the world`s biggest market.
UK new car sales record biggest drop since 2009
Fri, Jan 05, 2018
Since the 2015 Volkswagen emissions cheating scandal, some major cities including Madrid, Paris and Athens have announced plans particularly focused on cutting diesel emissions including bans, fines and restrictions.
Passenger vehicle sales rise 14.29% to 2,75,417 units in Nov
Mon, Dec 11, 2017
Within the Passenger Vehicles, Passenger Cars, Utility Vehicle and Vans grew by 4.69 percent, 19.95 percent and 4.69 percent respectively in April-November 2017 over the same period last year, said the SIAM report.
Global vehicle sales to fall by 2040, but oil demand to rise, study predicts
Tue, Nov 14, 2017
Global vehicle sales will decline over the next two decades as consumers embrace on-demand ride services like Uber, but demand for oil will keep rising, according to a study released Tuesday.
Car sales down over 5% in October; passenger vehicles dip marginally
Fri, Nov 10, 2017
Domestic passenger vehicle sales declined marginally to 2,79,837 units in October from 2,80,677 units in the same month last year.
Commercial vehicle sales growth outperform car sales in festive month of October
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
Despite Diwali, Dussehra discounts, car sales fail to sparkle during festive month of October
Wed, Nov 01, 2017
October had two of the top festivals, ie Dussehra and Diwali, falling during the month, but this year the impact of GST and demonetisation seems to still have its impact on consumer spending.
Strong new launches help Maruti Suzuki post 10% growth in domestic car sales in October
Wed, Nov 01, 2017
This was aided by a huge 24.7% growth in sales of the compact car segment of Maruti Suzuki, which includes cars such as the Swift, Ritz, Celerio, Ignis, Baleno, Dzire and Tour S.
Domestic passenger vehicle sales expected to grow by 9-10% in FY18: Report
Tue, Oct 31, 2017
Rural economy seems to be gaining momentum on account of increase in minimum support prices, farm loan waiver, 7th pay commission, as well as normal monsoon in most part of India.
Retail car sales sees low demand in run up to Diwali this year despite discounts
Tue, Oct 24, 2017
The retail car sales during the week before Diwali accounts for 25-30% of the total sales for the year. This is as most of the new cars are purchased during the festive period.
Changing Times: A compact sedan has just outsold every other small car in the Indian market
Mon, Oct 16, 2017
While the Alto has been the top selling car in India for a long time, the Maruti Suzuki new Dzire has managed to overtake it in terms of sales.
Mahindra car sales surge to 23% in September as Scorpio records highest ever monthly sales
Tue, Oct 03, 2017
The company's total domestic sales stood at 50,456 units during September 2017, as against 42,545 units sold in the same month last year, a 19% growth.
Tata Motors sales rise 25% in September on commercial vehicles growth
Sun, Oct 01, 2017
The company's overall commercial vehicle sales grew 29% at 36,679 units in the reporting period
Honda Cars sales up 21% at 18,257 units in September
Sun, Oct 01, 2017
HCIL President and CEO Yoichiro Ueno said the company is witnessing growth in sales, backed by strong performance of models like Honda City and WR-V.
Maruti Suzuki’s compact cars push sales growth to 11% in September
Sun, Oct 01, 2017
This growth in the passenger car segment was mainly due to the huge 44.7% growth of the compact segment of Maruti Suzuki.
Despite high fuel costs, car sales in India top emerging markets charts
Wed, Sep 20, 2017
Going ahead Moody's expects India’s automobile sales in 2017 to touch the 3.6 million units mark.
Why govt is wrong that car, bike buyers are rich enough to afford high petrol, diesel prices
Sun, Sep 17, 2017
The Union Minister Alphons Kannanthanam commented on Saturday that those who can afford to buy a car or bike, can afford to pay for the high petrol and diesel prices too.
Spike in petrol, diesel price fail to arrest car, two-wheeler sales
Thu, Sep 14, 2017
With the growing fuel prices, car and two-wheeler sales in India also garner a 15% increase in the July-August period.
Car sales continue robust growth in August: SIAM
Mon, Sep 11, 2017
Car sales grew by 13.76% in August on the back of continued good growth in UV sales during the month.
Anticipation of strong festive season growth boosts automobile sales in August
Mon, Sep 04, 2017
Car sales in the festive season is expected to see a huge growth and in anticipation there was a build-up in inventories at the dealership level.