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Passenger Vehicles

Passenger vehicle sales to see 3-5% growth this fiscal: Report

Passenger vehicle sales to see 3-5% growth this fiscal: Report

Mon, Jun 24, 2024

According to the report by credit ratings agency CareEdge, following robust growth of 90 per cent with volumes at 90,432 units in FY24, with an improving penetration rate, electric car sales in the passenger vehicle (PV) segment is likely to clock volume of around 1.30-1.50 lakh units in FY25.

Passenger Vehicle Sales : What's Ahead for Car Sales? Insights into PV Sales and Growth in FY25

Passenger Vehicle Sales : What's Ahead for Car Sales? Insights into PV Sales and Growth in FY25

Mon, Feb 26, 2024

Low single digit growth expected in PV sales, export growth expected to be 4-7% How will PV sales be in FY25? Know carefully

Passenger vehicle wholesales hit record in May at 3,34,247 units: SIAM

Passenger vehicle wholesales hit record in May at 3,34,247 units: SIAM

Tue, Jun 13, 2023

Domestic passenger vehicles wholesales posted a record in May at 3,34,247 units growing at 13.54 per cent as compared to the same month last year, riding on robust growth of utility vehicle sales, the Society of Indian Automobile Manufacturers said on Tuesday.

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Domestic passenger vehicle wholesales rise 4.7% to 2,92,030 units in March

Domestic passenger vehicle wholesales rise 4.7% to 2,92,030 units in March

Thu, Apr 13, 2023

Two-wheeler sales clocked 12,90,553 units in the domestic market last month, as compared to 11,98,825 units in the year-ago period, Society of Indian Automobile Manufacturers (SIAM) said.

Unsold car inventory hits its lowest level since September 2019

Unsold car inventory hits its lowest level since September 2019

Mon, Mar 20, 2023

Unsold car inventory for December 2022 was one lakh units. It is estimated to be 3 lakh for March 2023

India's Passenger Vehicle Sales To Grow 9-10% In 2024: CRISIL

India's Passenger Vehicle Sales To Grow 9-10% In 2024: CRISIL

Fri, Mar 03, 2023

India's passenger vehicle sales are expected to grow about 9%-10% in the next fiscal, around 20% above pre-pandemic peak levels, owing to strong demand and easing chip shortages in the world's fourth-largest car market, ratings agency Crisil said on Tuesday. SUVs are expected to nearly double their share in overall domestic sales to roughly 55% in fiscal 2024 from about 28% in fiscal 2018.

Tata Motors' passenger vehicles engine gets facelift in line with stricter emission norms

Tata Motors' passenger vehicles engine gets facelift in line with stricter emission norms

Sun, Feb 12, 2023

The low-end drivability of the Altroz and Punch have been enhanced such that they offer a much smoother experience in lower gears, Tata Motors added.

Auto Sector: How Were The Sales Of Auto Companies In November? Watch This Video

Auto Sector: How Were The Sales Of Auto Companies In November? Watch This Video

Thu, Dec 01, 2022

How were the sales of auto companies in November? How were the sales of two-wheelers? How about the sale of passenger vehicles? Know the complete details from Kushal Gupta.

Tata Motors hikes passenger vehicle prices with effect from November 7 – Details!

Tata Motors hikes passenger vehicle prices with effect from November 7 – Details!

Sat, Nov 05, 2022

Tata Motors hikes price: The weighted average increase will be 0.9 per cent, depending on the variant and model, the auto major said in a statement.

Maruti chairman RC Bhargava expects record passenger vehicle sales for auto industry in FY23, says this on EV launch

Maruti chairman RC Bhargava expects record passenger vehicle sales for auto industry in FY23, says this on EV launch

Sat, Oct 29, 2022

The Indian passenger vehicles segment is expected to touch record sales this fiscal and follow it up in 2023-24 with an 8 per cent growth, R C Bhargava said on Friday.

August auto sales preview: PV segment continues to improve; CV demand stable – know key factors

August auto sales preview: PV segment continues to improve; CV demand stable – know key factors

Mon, Aug 29, 2022

In August 2022, the wholesale volumes are estimated to grow by 5%/51%/11%/27%/flat YoY for 2Ws/PVs/3Ws/CVs/Tractors, respectively, the brokerage house said.

Auto major Tata Motors hikes passenger vehicle prices with immediate effect amid rising input costs

Auto major Tata Motors hikes passenger vehicle prices with immediate effect amid rising input costs

Sat, Jul 09, 2022

Tata Motors on Saturday said it has increased prices of its passenger vehicle range with immediate effect to partially offset the impact of rising input costs.

Auto Sector may see double digit Growth in FY23; This analyst recommends Bajaj Auto, Hero Motocorp, others

Auto Sector may see double digit Growth in FY23; This analyst recommends Bajaj Auto, Hero Motocorp, others

Thu, Jun 23, 2022

Sector related triggers in the market are triggering the auto stocks, and the move has been more significant in this financial year and are expected to remain strong over the remaining part of this financial year.

Automobile retail sales in slow lane in May: FADA

Automobile retail sales in slow lane in May: FADA

Mon, Jun 06, 2022

The automobile dealers' body FADA said on Monday that retail sales of passenger vehicles grew last month but the sales of two-wheeler and commercial vehicles remained low compared to the pre-COVID month of May 2019.

May Auto Sales: PV & MHCV in-line, 2-wheeler disappoints, says Nomura - suggests M&M, Ashok Leyland, Tata Motors Buy

May Auto Sales: PV & MHCV in-line, 2-wheeler disappoints, says Nomura - suggests M&M, Ashok Leyland, Tata Motors Buy

Sat, Jun 04, 2022

The key surprise has come from Mahindra and Mahindra with strong order book and as production constraints normalized as well as from Ashok Leyland, Nomura said,

Passenger vehicle retail sales dip 5 percent in March to 2,71,358 units: FADA

Passenger vehicle retail sales dip 5 percent in March to 2,71,358 units: FADA

Tue, Apr 05, 2022

Domestic passenger vehicle retail sales in March declined by 4.87 percent to 2,71,358 units, as compared to the same month last year, automobile dealers' body FADA said on Tuesday.

Maruti Suzuki hikes vehicle prices by up to 4.3% pc to offset rise in input costs; from Alto to S-Cross, cars that are likely to see impact

Maruti Suzuki hikes vehicle prices by up to 4.3% pc to offset rise in input costs; from Alto to S-Cross, cars that are likely to see impact

Sat, Jan 15, 2022

"The weighted average price increase in ex-showroom Prices (Delhi) across models is 1.7 per cent. The new prices are effective from today," Maruti Suzuki said in a regulatory filing

Vehicle registration trend weak in August too, says FADA

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

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%

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

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

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

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.

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