Vehicle registration– a proxy for retail sales, rose 32% year-on-year in October as both Navratri and Diwali—the major festivals fell in the same month, the Federation of Automobile Dealers Associations …
Tata MotorsTata MotorsTata Motors54,504% ChangeNew Delhi: The festive season brought much relief to automakers who had been struggling with high inventory, with consumers lapping up cars and SUVs across categories. …
Concerns over sluggish vehicle demand, even in the ongoing festive season, have perhaps deprived Indian auto majors of a fireworks-filled Diwali. Car sales in the local market declined for the …
While the slowdown in cars sales in the first half of this fiscal is not a cause of concern, the continued decline in demand for vehicles priced below Rs 10 …
Car sales in the first half of the fiscal year has been slower than expected, but with the onset of the festive season demand is expected to gain momentum helping …
Are you planning to buy a car this festive season? Over the past couple of months, car sales have been on a downward trend. But automakers are banking on some …
Car sales in the local market declined for the third straight month despite automakers offering hefty discounts to boost demand. As per industry estimates 355,000-360,000 cars, sedans and utility vehicles …
The electric vehicles (EVs) in India are set to consume a significant share of the country’s electricity by 2035, highlighted a report by IKIGAI Asset Manager Holdings, an investment management …
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 …
Stung by leftover inventory and unsure about consumer spending, India’s auto dealers are worried about having to discount more to boost demand in the upcoming festive season, a representative of …