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auto sales

car sales: Discounts, freebies drive in as automakers seek to push sales

by Horatio Thompson
car sales: Discounts, freebies drive in as automakers seek to push sales

Carmakers have started offering discounts and freebies this fiscal after a hiatus of three years, hoping to entice new buyers and clear record inventory levels. Car dealership stock reached an …

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Passenger vehicles stay ahead of the curve for 2nd month in calendar year

by Horatio Thompson
Passenger vehicles stay ahead of the curve for 2nd month in calendar year

Passenger vehicle makers in February are estimated to dispatch 360,000 units to their dealers, the highest ever for February in any year. Sustained demand, coupled with new model launches, is …

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Auto dispatches scale new peak as dealers stock up post year-end sales

by Horatio Thompson
Auto dispatches scale new peak as dealers stock up post year-end sales

Automakers dispatched 393,074 units of cars, utility vehicles and vans last month, a 14% increase from a year earlier and the highest on record, as dealers restocked inventories depleted during …

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Vehicle registrations rise 15% in Jan driven by strong demand for passenger vehicles and two-wheelers

by Horatio Thompson
Vehicle registrations rise 15% in Jan driven by strong demand for passenger vehicles and two-wheelers

As per data collated by Federation of Automobile Dealers Association (FADA) from the VAHAN portal of the Ministry of Road, Transport and Highways (MoRTH) as many as 2,127,653 vehicles were …

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Carmakers record best-ever monthly sales in January; Maruti, Hyundai & Tata lead from the front

by Horatio Thompson
Carmakers record best-ever monthly sales in January; Maruti, Hyundai & Tata lead from the front

India’s leading carmakers reported their best-ever monthly sales in the local market growing volumes by more than 13% to 394,571 units in January as dealers filed in inventories depleted during …

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Tesla posts record Q4 deliveries after push to sell Model 3

by Edgar Davis
Tesla posts record Q4 deliveries after push to sell Model 3

Tesla delivered a record number of electric vehicles in the fourth quarter, beating market estimates and meeting its 2023 target of 1.8 million vehicles as a year-end sales push paid off. …

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M&M: M&M total auto sales up 6 pc at 60,188 units in Dec 2023

by Horatio Thompson
M&M: M&M total auto sales up 6 pc at 60,188 units in Dec 2023

New Delhi, Mahindra & Mahindra Ltd on Monday reported a 6 per cent growth in total automotive sales at 60,188 units in December 2023, as compared to the same month …

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Auto companies log best-ever November sales on robust festive demand

by Horatio Thompson
Auto companies log best-ever November sales on robust festive demand

Passenger vehicle (PV) sales in the domestic market grew in single digits last month, on a high base, to the highest-yet levels recorded for the month of November, driven by …

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Jeep maker blames California for job cuts in their Midwest plants

by Vera Ward
Jeep maker blames California for job cuts in their Midwest plants

By Keith Laing and Gabrielle Coppola | Bloomberg Stellantis NV is eliminating a shift at a Jeep plant in Detroit and cutting jobs at its Toledo, Ohio, Jeep assembly complex, …

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How to boost EV sales? Pay drivers to turn in old polluting cars

by Vera Ward
How to boost EV sales? Pay drivers to turn in old polluting cars

By Kyle Stock | Bloomberg Colorado drivers bought 9,446 electric vehicles in the most recent quarter, but Carrie Atiyeh is particularly psyched about 45 of them. Atiyeh, associate director of …

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