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Passenger Vehicles News
Vehicle registration trend weak in August too, says FADA
Wed, Sep 09, 2020
Auto vehicle registration in the month of August continued its downward march as retail slipped 26.81 pct according to data provided by Federation Of Automobile Dealers Associations (FADA). On a brighter side, registrations were up 3.8 pct in comparison to July 2020. Vehicle Registrations for August showed improvement due to ongoing festivities
No Dhamaka! Leading up to Diwali, India snubs car-buying, but there is a silver lining
Fri, Nov 09, 2018
Leading up to Diwali, domestic passenger vehicle sales rose just 1.55 per cent in October. While flat sales in top festival season is a concern, the silver lining is that this gain has snapped three months of consecutive decline.
Mahindra, Bajaj, Honda to TVS, personal vehicle sales growth witness moderate growth in H1 at 6.88%
Sat, Oct 13, 2018
Passenger vehicles (PV) sales grew at a moderate 6.88 per cent in the first half of 2018-19 hit by a slump in July-September that prompted auto makers body SIAM to take a conservative outlook for the fiscal signalling a slowdown in the sector.
Tata Motors surprises Maruti Suzuki, Hyundai
Wed, Sep 12, 2018
Domestic passenger vehicle sales fell for a second consecutive month in August due to a high base effect from goods and services tax (GST) implementation last year and partial impact of floods in Kerala.
Vehicle makers to see rise in capex in next 2 fiscals
Tue, Jun 19, 2018
Capital expenditure by comprising commercial vehicles (CVs), passenger vehicles (PVs) and two-wheelers is set to increase by 30% to Rs 58,000 crore over fiscals 2019 and 2020, compared with preceding two fiscals, according to ratings firm Crisil.
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.
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.
Mahindra & Mahindra for expanding footprint in Rs 1,000-cr e-rickshaw market
Mon, Nov 20, 2017
"We have launched e-Alfa Mini in Delhi, Lucknow and today in Kolkata, to tap the e-rickshaw market. We will expand in more cities across the country. Already, we have decided to expand to 7-8 more cities," M&M VP marketing (commercial vehicles) Mahesh Kulkarni said.
Nissan's Infiniti to start producing new SUV in China next year
Fri, Nov 17, 2017
Nissan Motor Co`s <7201.T> premium brand Infiniti will start producing a new crossover SUV in China next year, using existing manufacturing capacity in the northeastern city of Dalian.
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.
Maruti becomes No. 1 exporter of passenger vehicles from India, Hyudai ranks 4th
Sun, Oct 22, 2017
Maruti Suzuki India has become the largest passenger vehicles exporter from India in the first half of the ongoing fiscal, dethroning Hyundai Motor India Ltd which has now been pushed to fourth spot behind Volkswagen and General Motors.
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.
August sales figures suggest worst is over for automobile industry
Wed, Sep 13, 2017
While passenger vehicles have registered a 7.5% growth during the April to August in FY18, it is a little lower to 11.3% growth in the same period in FY17.
Automobile components industry to grow by 9-11%; raw material prices play spoilsport
Sat, Sep 09, 2017
The rise in commodity prices still put pressure on automobile components in the country despite the growth.
Retail car demand remains muted in August despite wholesale sales build-up for festive season
Thu, Aug 31, 2017
While wholesale car sales are expected to rise in August due to dealerships stocking up for the festive season, retail car sales seem to be muted in the month due to pre-buying.
Tata Motors to invest Rs 4,000 crore into passenger, commercial vehicle segments
Mon, Aug 21, 2017
Tata Motors to invest Rs 4,000 crore into its commercial vehicle and passenger vehicle segments which will look to boost their sales in the domestic as well as export market.
Car sales rise by 15% in post-GST month of July: SIAM
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.
Hike in GST cess on larger passenger vehicles could derail demand momentum: ICRA
Wed, Aug 09, 2017
While the passenger vehicle market is expected to grow by a healthy 9-10% in India during FY18, the increase in the cess by the GST Council poses a challenge to this growth.
Mercedes calls for lower taxes on luxury cars in India
Sun, Jul 23, 2017
The company reasoned that "better treatment" in terms of taxation could lead to growth of luxury car segment in the country.
Maruti Suzuki dominates domestic car sales but struggles in exports
Tue, Jun 06, 2017
Maruti Suzuki aims to be the leading passenger vehicle exporter from India but its export sales continue to remain volatile. In 2016 it even lost its second place spot to Ford India which saw huge rise in exports.