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.
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June 2021
December 2020
November 2020
March 2020
November 2019
October 2019
September 2019
July 2019
January 2019
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.
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.
SIAM urges SC to allow more time for BS IV sale
Auto dealers say they won’t be able to clear their BS IV inventories before March 31 as the registration process ends much before it and the fear of coronavirus is also keeping buyers away.
Auto retail sales grow 4% in October
Pushed by festive season offers, passenger vehicles showed the biggest growth: 11%. It grew from 223,498 units last year to 248,036.
Vehicle registrations fell 13% in September
The passenger vehicle segment saw the steepest fall as the festive season and discounts failed to revive sentiments.
Auto dealers expect sales uptick in festive season
FADA president sees the slowdown in the auto industry as a temporary blip, and believes that with the joint effort of automakers and OEMs, the sector has the potential to revive.
Vehicle registrations fall 6% in June quarter
The commercial vehicle segment posted the highest fall at 14% followed by two-wheelers at 6.4% and three-wheelers at 6.1%.
Retail passenger vehicle sales down by 3%: FADA
Federation of Automobile Dealers Association said that while auto sales are still in choppy waters, initial signs of positive consumer sentiment can be seen post the dull festive season.
