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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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Passenger vehicle sales rise 14.29% to 2,75,417 units in Nov

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

Indian passenger vehicle market becomes fifth largest globally as volumes cross 3 million mark

Indian passenger vehicle market becomes fifth largest globally as volumes cross 3 million mark

Tue, May 02, 2017

It is expected to become third largest by next 3-4 years.

Demonetisation, BS III ban, raw material costs to play spoilsport in Q4 automobile results

Demonetisation, BS III ban, raw material costs to play spoilsport in Q4 automobile results

Sat, Apr 15, 2017

Passenger vehicles were the least impacted due to these headwinds and could post strong results in Q4.

Hatchbacks are slowly falling out of favour with Indians

Hatchbacks are slowly falling out of favour with Indians

Tue, Mar 14, 2017

Hatchbacks see a decline in sales from November onwards post demonetisation.

Ford EcoSport, Hyundai Creta, Maruti Ciaz drive sales in the Rs 8 to 10 lakh segment in January

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.

Car sales back on track in January; CV, two-wheelers still struggle: SIAM

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.

Car companies shake off demonetisation; two-wheelers sales still struggle in January

Car companies shake off demonetisation; two-wheelers sales still struggle in January

Fri, Feb 03, 2017

This growth of cars was driven primarily by new launches from these companies which pushed their sales despite the tough economic scenario.

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