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passenger vehicles

Auto sales data: Tractors’ growth contracts 12% in July, FADA laments record-high PV inventory levels

by Horatio Thompson
Auto sales data: Tractors’ growth contracts 12% in July, FADA laments record-high PV inventory levels

India’s automobile retails grew 13.8 per cent on an annual basis in July, data from auto body FADA showed on Monday. Almost all segments except tractors exhibited a double-digit growth …

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India auto sales: Domestic PV wholesales up 3% at 3.4 lakh units in June: SIAM

by Horatio Thompson
India auto sales: Domestic PV wholesales up 3% at 3.4 lakh units in June: SIAM

Passenger vehicle sales in the local market rose in modest single-digit in June mainly due to a high base and easing of post-pandemic pent-up demand.As per data available with industry …

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JSW MG Motor India: Current GST rate for PVs outdated; needs a relook: JSW MG Motor India CEO Emeritus

by Horatio Thompson
JSW MG Motor India: Current GST rate for PVs outdated; needs a relook: JSW MG Motor India CEO Emeritus

New Delhi: The current GST rate structure of passenger vehicles in India is outdated and needs to be aligned with the new developments in the auto industry, according to JSW …

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Expect Indian PV market to touch 60 lakh units by 2030, targeting 18-20 pc share: Tata Motors

by Horatio Thompson
Expect Indian PV market to touch 60 lakh units by 2030, targeting 18-20 pc share: Tata Motors

Mumbai: Tata Motors expects the Indian passenger vehicles market to touch 60 lakh units annually by 2030 and the company is targeting to increase its share to 18-20 per cent …

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Minda Corp joins hands with Taiwan firm to locally produce sunroof for PVs

by Horatio Thompson
Minda Corp joins hands with Taiwan firm to locally produce sunroof for PVs

New Delhi: Auto components maker Minda Corporation on Friday said it has inked a pact to form a joint venture with Taiwan-based HSIN Chong Machinery Works Co to locally produce …

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May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

by Horatio Thompson
May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

Auto retails in the month of May dropped 5.28 per cent on a monthly basis as showrooms saw lower footfall due to prevailing heatwave, lack of new models and the …

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Vehicle retail sales soar 27% in April; two-wheeler registrations jump 33%, cars up 16%

by Horatio Thompson
Vehicle retail sales soar 27% in April; two-wheeler registrations jump 33%, cars up 16%

New Delhi: Vehicle registrations in the country – a proxy for retail sales – went up by a robust 27% year on year to 2.2 million units in April, led …

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Maruti Suzuki’s annual sales volume crosses 2 million units

by Horatio Thompson
Maruti Suzuki’s annual sales volume crosses 2 million units

Maruti Suzuki India disclosed its quarter four results for FY 2023-24, indicating a notable rise in net profit by 47.8 per cent to Rs 3,877.8 crore compared to Rs 2,623.6 …

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Tata Motors sales: Tata Motors total domestic sales rise to 90,822 units in March

by Horatio Thompson
Tata Motors sales: Tata Motors total domestic sales rise to 90,822 units in March

Tata Motors on Monday reported a 2 per cent rise in its total domestic wholesales at 90,822 units in March. In the year-ago period, the company posted total domestic wholesales …

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UP emerges as top state in total vehicle sales in Oct-Dec 2023; Maharashtra 2nd: SIAM

by Horatio Thompson
UP emerges as top state in total vehicle sales in Oct-Dec 2023; Maharashtra 2nd: SIAM

Uttar Pradesh recorded the highest number of vehicle sales in October-December 2023, followed by Maharashtra, Gujarat and Tamil Nadu, according to Society of Indian Automobile Manufacturers. As per data from …

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