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automobile sales News
Auto retail sales down 11% in festive period, high inventory worries FADA
Sat, Nov 24, 2018
According to FADA, total registrations during the 42-day festive period, which fell between October 10 and November 20 this year, stood at 20,49,391 units.
Toyota sees U.S. auto industry 2018 sales at 16.8 million units
Thu, Jan 11, 2018
Toyota Motor Corp sees U.S. auto industry new vehicle sales at 16.8 million units in 2018, Jim Lentz, the Japanese automaker`s top executive in North America told Reuters on Wednesday.
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.
Why automobile retail sales in July remained muted despite positive wholesale figures
Thu, Aug 03, 2017
Sales of automobiles at the retail level remain muted during the month of July chiefly due to the pre-GST sales during the month of June.
GST gives good growth momentum to car sales in July
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.
GST implementation in July may slow down automobile sales next month
Tue, Jun 06, 2017
With just a month away from GST implementation automobile sales may see a slump in June. Here is why.
Income Tax Dept changes PAN rules for automobile sales above Rs 2 lakh
Wed, Oct 19, 2016
The Directorate of Income Tax (Intelligence and Criminal Investigation) conducted a seminar on Tuesday on quoting of permanent account number (PAN) in respect of transactions of sale or purchase of automobiles above Rs 2 lakh and furnishing of statement of financial transaction in case of receipt