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Why are two-wheeler sales struggling but car sales aren't?
Fri, Mar 10, 2017
Two-wheelers continue to reel under demonetisation impact as February 2017 saw sales decline by 0.01% decline in comparison to the same month last year.
Car sales in February grow 9%; MHCV sales pushed by BS IV norms: SIAM
Fri, Mar 10, 2017
Car sales missed the double-digit growth mark in February. Two-wheeler sales however saw a great improvement during the month.
SIAM does not seek deferment of BS-IV norms
Wed, Mar 08, 2017
SIAM rejects request to urge government to defer the BS-IV emission norms on April 1.
Ambiguity over BS-IV norms implementation may hurt pre-sales of automobile firms
Wed, Feb 22, 2017
Despite the government giving a year for automobile companies to follow the BS-IV emission norms, many continue to ask for an extension in the deadline.
FPIs pour Rs 9,500 crore in capital markets in Feb so far
Sun, Feb 19, 2017
The latest inflow followed a net pullout of Rs 80,310 crore from equity and debt together in the past four months (October-January). Prior to that, FPIs had invested over Rs 20,000 crore in the capital market in September 2016.
Demonetisation idea itself is wrong, don't blame execution, says Rajiv Bajaj
Fri, Feb 17, 2017
Bajaj Auto's MD Rajiv Bajaj has recently said that the government's deomonetisation idea itself is wrong and its execution should not be blamed.
Ford EcoSport, Hyundai Creta, Maruti Ciaz drive sales in the Rs 8 to 10 lakh segment in January
Mon, Feb 13, 2017
All three cars posted an over 20% growth in sales during the month and were leaders in the segment during January 2017.
Why car sales are still far from recovery of demonetisation impact
Fri, Feb 10, 2017
Despite SIAM showing a recovery in passenger vehicle sales in January, a closer look shows the recovery is only for the top 5 car makers in India.
Fiat India sold all of 288 cars in January; blames demonetisation
Thu, Feb 09, 2017
Fiat India sold only 288 units in January 2017 as against 630 units in January 2016.
Car sales back on track in January; CV, two-wheelers still struggle: SIAM
Thu, Feb 09, 2017
After the biggest fall in December since April 2015, car sales shake of demonetisation blues to post 11% growth in sales.
Luxury car sales zoom in December despite demonetisation
Mon, Jan 16, 2017
Luxury cars priced under Rs 25 lakh saw a over 230% growth in sales in December compared to the same month last year.
Automobile exports from India decline by 5% in 2016
Sun, Jan 15, 2017
India's automobile exports across categories fell 5 % in 2016 dragged down by lower sales of two and three-wheelers in various markets, including Latin America and Africa.
Tata Nano slips through snares of demonetisation to post over 90% growth in December
Wed, Jan 11, 2017
Tata Nano posted the highest month-on-month sales growth among all Tata Motors cars in December.
December car sales was the biggest fall since April 2014: SIAM
Tue, Jan 10, 2017
December two-wheeler sales saw the biggest fall ever, said Vishnu Mathur of SIAM.
Two-wheeler sales continue to suffer post demonetisation
Tue, Jan 03, 2017
Two-wheeler sales, specially those of motorcycles, have taken a beating in the aftermath of demonetisation as demand from the widely cash-based rural market nosedived.
2016 had a few roadblocks for car sales in India
Sat, Dec 31, 2016
2016 has been a bumpy road for automobile companies in India. While the year started at a low, it shifted gears in the months of July, August and September. These hopes, however, were dashed at the end of the year by the impact of demonetisation.
Luxury cars sales likely to drop as IT dept asks dealers for sales numbers since demonetisation
Tue, Dec 27, 2016
The IT department has send notices to car dealers asking them for information on the sales of luxury cars from November 8 onwards.
Maruti Suzuki's bookings rise 7% in December despite demonetisation; here's how
Sun, Dec 25, 2016
Maruti Suzuki on Friday announced that it has bounced back from the impact of demonetisation in December by posting a growth in bookings of 7% till date. This after bookings had declined by 20% in November post demonetisation.
Carmakers announce price hike in hope of recovering demonetisation sales drop
Mon, Dec 12, 2016
Car companies for over the last three years have been hiking the prices in January to push sales in December. Will it work this year?
Mahindra first automaker to announce production shutdown due to demonetisation
Fri, Dec 09, 2016
Mahindra which saw a 33% decline in November was one of the worst hit due to demonetisation and as a result has decided to halt production on certain days during December.