What gets missed in India’s growth indicators
Closer reading of numbers show claim of economic boom is misplaced
auto sales
May 2023
April 2023
December 2022
October 2022
September 2022
August 2022
July 2022
Passenger vehicle sales drop for first time in 8 months in April
Entry-level PVs have fewer buyers, suggesting that customers at the bottom of the pyramid are still hesitant to upgrade from two-wheelers to four-wheelers, says FADA.
Inflation, El Niño may hit two-wheeler sales in rural India
Two-wheeler sales grew 12% year-on-year in March but were down 9% from pre-Covid levels.
Maruti PV sales up 20.6%; M&M, Tata, Hyundai post strong growth
The auto sector recorded sustained recovery in demand amid the festival season, with Maruti Suzuki selling 1.3 lakh PV units in November.
Auto sector kicks off festive season with 10% growth in PV sales
FADA says October will see auto retail on high grounds, with dealers anticipating the month to be the “best festive in a decade” for the PV segment.
Auto sales up 8% in August: FADA
Passenger vehicle sales rose 6.51% year-on-year to 2,74,448 units in August.
Auto sector continues steady recovery; Maruti, Tata Motors big gainers
Mahindra Auto sells 29,516 SUVs, a growth of 87% YoY; Hyundai sales increased by 5.3% on a YoY basis
Sensex, Nifty to open in red: Five factors that may impact market this week
The BSE Sensex and the NSE Nifty are set to fall sharply in opening trade on Monday, following weak global cues after U.S. Fed Chair Jerome Powell reiterated a hawkish tone to combat inflation.
June auto sales show signs of recovery; rural India remains a cause for concern
The CV segment has shown first signs of growth since the pandemic, but demand in two-wheelers is still a far cry from picking up.
Maruti's June PV sales dip; Tata, Mahindra post record gains
Maruti Suzuki says the shortage of electronic components has a "minor impact" on the production of vehicles, mainly domestic models, and that it took all steps to minimise the impact.
