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
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July 2019
Auto sales drop 6% in FY22 amid chip shortage
Two-wheeler sales plunged 21% to 11,84,210 units last month.
Indians want to return to buying cars at dealerships: JD Power
The study suggests that 68% of car buyers in India who responded to the survey said they would want to go through the entire journey of buying a car in-person
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.
Retail vehicle sales drop 10.7% in Jan, chip shortage hurting
In spite of good demand, passenger vehicle continues to face the brunt of semiconductor shortage resulting in void of a healthy inventory.
Passenger vehicle sales in Q3 lowest in 5 years amid chip shortage
PV sales dropped 15% to 7,61,124 units in the third quarter, their lowest level in five years, says the Society of Indian Automobile Manufacturers (SIAM).
Future of mobility: It’s clean and connected
These are rough times for the auto industry grappling with falling sales and the shift to BS VI emission norms. Automakers feel that two trends can spark a revival—connectivity and electric mobility.
