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commercial vehicles

Tata Motors: Tata clarifies on creating holding company to park Tata Motors’ demerged businesses

by Nevil Nickel
Tata Motors: Tata clarifies on creating holding company to park Tata Motors’ demerged businesses

Tata Motors on Thursday issued a clarification on an ET report that said Tata Sons is understood to be creating a holding company for Tata Motors to house its passenger …

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Mahindra sales: Mahindra records highest-ever monthly sales in October at 96,648 units

by Nevil Nickel
Mahindra sales: Mahindra records highest-ever monthly sales in October at 96,648 units

Mahindra & Mahindra on Friday reported its best- ever monthly sales in October with 96,648 units, marking a 20 per cent year-on- year increase. The Mumbai-based auto major had dispatched …

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Car sales in India: Slow start in FY25 but festive season boost expected

by Nevil Nickel
Car sales in India: Slow start in FY25 but festive season boost expected

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 …

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Vehicle Scrapping: More sops to boost scrapping of old vehicles in works

by Nevil Nickel
Vehicle Scrapping: More sops to boost scrapping of old vehicles in works

India is looking at extending additional sops for scrapping old vehicles amid a lacklustre response from owners to the current set of incentives, according to officials aware of the move. …

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Fada: September auto retails down 9.26% on heavy rainfall, weak sentiments

by Nevil Nickel
Fada: September auto retails down 9.26% on heavy rainfall, weak sentiments

Weak consumer sentiments and above-normal rainfall dampened retail sales of passenger vehicles, two-wheelers and commercial vehicles in September, pulling the overall sales to customers down 9.26% year on year to …

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Passenger, commercial vehicles retail sales skid in August as heavy rains dampen sentiment

by Nevil Nickel
Passenger, commercial vehicles retail sales skid in August as heavy rains dampen sentiment

Retail sales of passenger and commercial vehicles in India fell in August from a year earlier as excessive rainfall in several states weighed on consumer sentiment and economic activity, worsening …

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FADA: Automobile sales declines 7.01 pc in August, above normal monsoon attributed to poor performance: FADA

by Nevil Nickel
FADA: Automobile sales declines 7.01 pc in August, above normal monsoon attributed to poor performance: FADA

Federation of Automobile Dealers Association on Thursday released the retail details for the month of August. The total growth of the industry was just 2.88 per cent YoY, with varying …

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Commercial vehicle sales surpass expectations, indicating strong economic activity

by Nevil Nickel
Commercial vehicle sales surpass expectations, indicating strong economic activity

Sales of commercial vehicles – a barometer of economic activity – surpassed expectations last quarter driven by strong replacement demand and continued government spending on infrastructure. As per industry estimates, …

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Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

by Nevil Nickel
Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

Mumbai: Wholesale volumes across various segments of the automobile industry in June 2024 are anticipated to reflect a subdued trend, primarily attributed to the absence of wedding dates, according to …

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Vehicle registrations rise by a modest 3 per cent in May

by Nevil Nickel
Vehicle registrations rise by a modest 3 per cent in May

Vehicle registrations – a proxy for retail sales – went up by a modest three percent to 2.09 million units last month with consumers delaying purchases due to election-related uncertainties …

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