Car sales shoot up despite rise in petrol prices
Auto retail sales in February are showing signs of recovery with automakers reporting rise in sales, although petrol prices have crossed ₹100 per litre. Reason: the shift towards personal mobility.
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Driving on the ethernet highway
Automakers are pushing for cars to be sold online in a desperate bid to combat a Covid-19-related slowdown and push up demand.
Vehicle registrations decline in October
India's auto industry, hurt by fall in demand due to Covid-19, sees momentary hope in the sale of tractors, signalling a buoyancy in the rural market.
Ford hopes for a revival with all-new Endeavour
The American auto major launched a Sport variant of its SUV in India, priced at ₹35.10 lakh.
Auto industry is losing ₹2,300 crore a day
The slowdown-hit sector takes a further hit as the nationwide lockdown hits demand. Auto sales fall 45% in March, SIAM data shows.
Cars to cost more next year
Carmakers including Maruti Suzuki India, Hyundai Motors, and Mercedes announce price hikes which will be effective from January 2020.
Passenger vehicle sales fall for eleventh month in a row
Sales of passenger vehicles—which include cars, utility vehicles, and vans—fell 23.7% in September.
Passenger car sales fall 41% in August: SIAM
The industry body says this is the worst performance by the passenger car segment—the largest by volume—in two decades.
July auto sales paint a grim picture
Total sales of India’s top-five passenger vehicle makers plunge 30.6% to 172,992 units during the month.
Vehicle sales fall across segments in February
Uncertainty ahead of elections coupled with a weak market sentiment, and unfavourable factors like high interest rates and insurance costs have affected sales.
