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.
car sales
April 2020
December 2019
October 2019
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December 2018
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.
Zoomcar to focus on subscriptions and electric mobility
Zoomcar co-founder and CEO Greg Moran says his aim is to touch 20 million unique self-driving user mark by the end of this year.
‘90% of car-buyers pick their ride after Internet research’
The trend is on the rise in smaller cities and towns, too, leading to a fall in footfall in bricks-and-mortar dealerships, a study by Google and Kantar TNS found.
Passenger vehicle sales decline in December
SIAM says global factors such as a slow-growing world economy and the ongoing trade war between the U.S. and China will pose a major challenge to India’s automobile industry.
No need to buy multiple personal accident covers
IRDAI makes personal accident cover voluntary from January 1, 2019.
