Auto sales up 8% in August: FADA
Passenger vehicle sales rose 6.51% year-on-year to 2,74,448 units in August.
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It’s a battle of technologies. Curtailing tailpipe emissions via EVs may not necessarily be the only way. Some carmakers are opting for different powertrains. Who will win the consumer mandate?
Vehicle retail sales fall 8% in July: FADA
While passenger vehicle sales declined 5% year-on-year in July, the two-wheeler segment witnessed an 11% drop in sales last month.
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.
Auto industry sales flat for 3rd month in a row
Demand for PVs continues to be unabated, whereas two-wheelers are yet to see a turnaround from a downward trajectory. FADA remains cautious about any further recovery in auto sales in the near term.
RBI's rate hike to hit the brakes on auto sales: FADA
The auto dealers' lobby warns that high interest rates for vehicle loans will be an additional blow for the two-wheeler segment.
Passenger vehicle sales drop 5% in March
Two-wheeler sales declined by 4.02% year-on-year to 11,57,681 units last month.
FADA changes vehicle sales outlook to 'negative' amid Russia-Ukraine war
Domestic passenger vehicle sales fell nearly 8% in February as automakers continued to reel under the global chip shortage.
We know what we went through last summer
After a stellar earnings season in Q4 of FY21, India’s growth engine seems to have lost its steam in the June quarter because of the second wave of the Covid-19 pandemic.
Price rise to hurt car buyers in 2021
Rising commodity prices have compelled some of India's top automakers to hike car prices, from January. Experts caution this could further dampen consumer demand and delay recovery in the auto sector.
