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auto sales

GDP shocker & 7 other factors to decide Sensex, Nifty movement this week

by Tudur Aled
GDP shocker & 7 other factors to decide Sensex, Nifty movement this week

Sensex and Nifty ended the week nearly 1% higher, marking the second consecutive week of advances amid mixed cues. While easing geopolitical tensions, favorable state election results and MSCI rebalancing …

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FADA President: C S Vigneshwar appointed FADA President

by Juhani Aho
FADA President: C S Vigneshwar appointed FADA President

The Federation of Automobile Dealers Associations (FADA) on Wednesday announced the appointment of C S Vigneshwar as its President for 2024-26 period. The decision was taken at the 315th Governing …

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Passenger, commercial vehicle registrations fall in August as floods, rainfall disrupt sales

by Juhani Aho
Passenger, commercial vehicle registrations fall in August as floods, rainfall disrupt sales

Registrations of passenger as well as commercial vehicles fell last month with excess rainfall, floods disrupting retail sales in several states in the local market. While passenger vehicle sales declined …

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Demand in slow lane, Auto Inc deploys discounts to clear inventory gridlock

by Juhani Aho
Demand in slow lane, Auto Inc deploys discounts to clear inventory gridlock

New Delhi: Car discounts have doubled from August last year and are likely to stay high through the festive season, till end of December, as carmakers and dealers rush to …

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Passenger vehicle sales fall for first time in over two years in July

by Juhani Aho
Passenger vehicle sales fall for first time in over two years in July

Sales of passenger vehicles fell for the first time in more than two years in July on a high base worsened by sluggish demand and inventory glut at dealerships. Two-wheelers …

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May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

by Juhani Aho
May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

Auto retails in the month of May dropped 5.28 per cent on a monthly basis as showrooms saw lower footfall due to prevailing heatwave, lack of new models and the …

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Auto sales enter slow lane in May, expected to bounce back in the festive season

by Juhani Aho
Auto sales enter slow lane in May, expected to bounce back in the festive season

Automobile sales slowed down in May as a combination of factors such as heatwaves, election-related uncertainties and a high base led to a decline in dispatches from the manufacturers to …

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Election uncertainty could hurt Indian auto sales in May, dealers’ body says

by Juhani Aho
Election uncertainty could hurt Indian auto sales in May, dealers’ body says

Uncertainty around the ongoing elections in India could hurt automakers’ sales in May despite rising consumer interest for new model launches, a dealers’ body said on Wednesday. The world’s most …

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car sales: Discounts, freebies drive in as automakers seek to push sales

by Juhani Aho
car sales: Discounts, freebies drive in as automakers seek to push sales

Carmakers have started offering discounts and freebies this fiscal after a hiatus of three years, hoping to entice new buyers and clear record inventory levels. Car dealership stock reached an …

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Passenger vehicles stay ahead of the curve for 2nd month in calendar year

by Juhani Aho
Passenger vehicles stay ahead of the curve for 2nd month in calendar year

Passenger vehicle makers in February are estimated to dispatch 360,000 units to their dealers, the highest ever for February in any year. Sustained demand, coupled with new model launches, is …

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