Fri, Nov 15, 2024
Automobile retail sales in India rose 12 per cent year-on-year to 42,88,248 units in the 42-day-long festive period this year, dealer's body FADA said on Friday. The overall automotive registrations in the festive period of the last year stood at 38,37,040 units.
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Tue, Aug 27, 2024
Volvo Eicher Commercial Vehicles (VECV) has partnered with Baidyanath LNG Private to deploy 500 LNG trucks, aiming to develop green trucking routes and enhance the LNG Corridor in India.
Wed, Jul 24, 2024
Driven by friendly government policies, rapid urbanisation and economic growth, sales volumes of commercial vehicles (CV) have nearly recovered to the pre-Covid times, according to Girish Wagh, Executive Director of Tata Motors.
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.
Sat, Sep 09, 2017
The rise in commodity prices still put pressure on automobile components in the country despite the growth.
Mon, Sep 04, 2017
Tata Motors' recovery mainly in the MHCV segment has helped push the entire CV segment due to it being the leading player.
Fri, Sep 01, 2017
Top car makers such as Maruti Suzuki, Hyundai, Tata Motors and Mahindra posted a growth in sales during August, however Ford India and Toyota Kirloskar Motors posted a decline in sales.
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.
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.
Tue, Aug 01, 2017
Tata Motors saw a good growth in its domestic passenger vehicle sales during July. It also saw a recovery in sales of its MHCV segment during the month.
Thu, Jul 06, 2017
Nissan and Tata Motors joins in the line of car companies that have announced a reduction in prices due to the implementation of GST.
Fri, Jun 09, 2017
Domestic car sales grew by just 5% in May after it had posted a 15% growth in April. Two-wheeler sales however managed to recover posting a double-digit growth in sales during the month.
Fri, May 26, 2017
Tata Motors, Ashok Leyland and Mahindra & Mahindra were the most effected commercial vehicle firms due to the BS-III ban. But with lesser than expected impact on the Q4 results of Tata Motors and Ashok Leyland, will Mahindra's Q4 results too follow the same way.
Tue, May 09, 2017
MHCV sales plummeted to 10,602 units in April 2017 from 23,515 units sold in the same month last year.
Sat, Apr 29, 2017
Ashok Leyland expects the these three segments to contribute 50% of its revenues, up from 30% currently
Wed, Apr 12, 2017
A large majority of this over Rs 5,000 crore unsold inventory belongs to commercial vehicle (CV) manufacturers such as Tata Motors, Ashok Leyland and Mahindra & Mahindra.
Sat, Apr 08, 2017
Pre-buying due to the BS III deadline of March 31 pushed sales of two-wheeler and CV companies high in March, however there is expected to be a slow down in the month of April.
Wed, Apr 05, 2017
More than half of over eight lakh vehicles, including two-wheelers and trucks, of BS III variants remain still unsold past April 1
Mon, Apr 03, 2017
Indian two-wheeler and three-wheeler manufacturing company, Bajaj Auto on Monday put out its March auto sales figures that fell 11% to 272,197 units in March.
Wed, Mar 29, 2017
This comes as a major blow to many automobile manufacturers who have a large unsold inventory of BS III vehicles.
Tue, Mar 28, 2017
While the change to the new Bharat Stage IV emission norms by April 1 was expected to push pre-buying in Q4, the recovery in CV sales has been lower than expected.
Wed, Feb 22, 2017
The Voluntary-Vehicle Modernisation Programme (V-VMP) scheme also know old vehicle scrapping scheme that the Ministry of Road Transport and Highways is working on that incentivises buyers of new commercial vehicles (CV) is expected to increase CV sales volumes by a cumulative 65% (over sales in F
Mon, Feb 06, 2017
Despite the Budget's focus on the rural sector MHCV sales is expected to see a substantial decline in CV sales in FY18.
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