Union Budget 2026-27: The annual jamboree continues

I call the Union Budget exercise an annual jamboree. While ordinary citizens look forward to benefits that accrue directly to them in terms of income tax reliefs or cost cuts in their daily items of purchase, variou...

Jeep announces strategic plan Jeep 2.0 to boost product momentum in India

Jeep, the iconic SUV brand with 85 years of global heritage, reaffirmed its commitment to Asia Pacific with India at the center of its Strategic Plan Jeep 2.0. This plan for India reflects Jeep’s vision to build end...

ACMA Automechanika New Delhi 2026 will see strong global participation

The sixth edition of ACMA Automechanika New Delhi, India’s premier international trade fair for the auto component and automotive aftermarket industry, will bring together over 870+ exhibitors, serving as a key conv...

India–EU Free Trade Agreement concluded

With the conclusion of the India–EU Free Trade Agreement, calibrated and carefully crafted quota based auto liberalisation package will not only allow EU auto makers to introduce their models in India in higher pric...

Shifting sands of India’s electric two wheeler industry

The latest retail sales data released by the Federation of Automobile Dealers Associations of India (FADA) reveals an interesting trend. Leading the pack of retailers are two major ICE players, TVS Motor Company and...

Neolite ZKW holds commemorative ceremony of Pune lighting plant

Neolite ZKW Lightings Limited, an established manufacturer and global supplier of automotive lighting products and components for OEMs, across a broad spectrum of vehicle categories for passenger vehicles, commercia...

Gulf Oil Lubricants expands infrastructure portfolio with key OEM alliances

Gulf Oil Lubricants India Ltd. (GOLIL), one of India’s fastest-growing lubricant companies, has announced key strategic partnerships with leading construction equipment manufacturers- ACE - Action Construction Equip...

Indian auto component Industry grows 6.8% in H1 FY26

The Automotive Component Manufacturers Association of India (ACMA), the apex body of the auto components industry, announced the findings of its Industry Performance Review for the first-half of FY 2025-26 (April–Se...

JK Tyre inaugurates phase III expansion of Banmore plant

Indian tyre industry major and a market leader in the radial tyre segment, JK Tyre & Industries Ltd., inaugurated the Phase III of capacity expansion and modernisation at its state-of-the-art Passenger Car Radial (P...

Skoda Auto Volkswagen India achieves record domestic sales of 117,000 units

Skoda Auto Volkswagen India (SAVWIPL) closed 2025 with one of its strongest performances to date, supported by a resilient industry recovery and rising demand across segments. The group reported its highest-ever dom...

Honda to adopt new “H mark” as symbol of Honda automobile business

Honda Motor Co.,Ltd. announced that it will adopt a new H mark with refreshed design as the new symbol representing Honda automobile business.

 ACMA Automechanika New Delhi 2026 set to host largest edition

ACMA Automechanika New Delhi 2026, India’s international trade fair for the automotive service and aftermarket industry, will take place from 5–7 February 2026 at Yashobhoomi (IICC), Dwarka, marking its largest edit...

ICE champs TVS, Bajaj rule EV 2 wheeler space in retail sales for 2025

Champions of the two wheeler ICE (internal combustion engine) space, TVS Motor Company and Bajaj Auto dominated the electric two wheeler space in 2025. While TVS recorded sales of 298881 units in CY 2025 as compared...

Tata Motors leads EV car sales race in passenger cars in CY ‘25

According to the latest electric passenger car sales data released by the Federation of Automobile Dealers Associations (FADA), Tata Motors continues to lead the pack with 70,004 units in calendar year 20925 as comp...

Valeo, Hero MotoCorp announce partnership at CES 2026

Valeo, a global leader in automotive technology, and Hero MotoCorp, world’s largest manufacturer of motorcycles and scooters, announced their strategic partnership through the signing of the Memorandum of Understand...

V-Green, HPCL to develop EV charging infrastructure

V-Green and Hindustan Petroleum Corporation Limited (HPCL) announced collaboration partnership towards jointly setting up EVCS at HPCL fuel stations in different markets

TATA.ev surpasses 250,000 EV sales; Major EV expansion soon

Tata Motors marked a defining milestone in India’s electric mobility journey, with over 250,000 TATA.ev vehicles plying on road, affirming its position as the pioneer and market leader in India’s growing electric pa...

Hajime Aota appointed new chairman of Yamaha Motor India Group

India Yamaha Motor (IYM) Pvt. Ltd. announced the appointment of Hajime Aota as the new Chairman of Yamaha Motor India Group effective from 1st January 2026.

All-new Kia Seltos rolls off the line at Anantapur plant

Kia India commenced production of the all-new Kia Seltos at its state-of-the-art manufacturing facility in Anantapur, Andhra Pradesh, marking a key milestone for the company’s operations in India. Kia India will ann...

ICOTY 2026 goes to Maruti Suzuki Victoris, IMOTY to TVS Apache RTX 300

The ICOTY and IMOTY Awards 2026, presented by JK Tyre, took centre stage in New Delhi at one of the industry’s most anticipated evenings. The ICOTY Awards, now in their 21st year, and the IMOTY Awards, in their 19th...

Ather Energy to venture into auto insurance distribution

Ather Energy has confirmed its plans to enter the auto insurance services space by incorporating a wholly owned subsidiary that will operate as a corporate agent. In an effort to make the ownership experience more s...

PM eDrive delivers 1.13 million EVs with reduced subsidy: CEEW

India’s electric vehicle (EV) policy has entered a new phase of scale. The PM eDrive scheme delivered 1.13 million EVs in its first year while offering half the per-vehicle subsidy compared to FAME II, signalling a ...

Esyasoft e-Mobility,  Park+ to deploy 10,000 EV chargers across India

In a major push to accelerate India’s clean mobility transition, Esyasoft e-Mobility and Park+, India’s largest community and corporate mobility platform, have announced a strategic partnership to deploy 10,000 EV c...

UST to acquire majority stake in Italdesign owned by Lamborghini

The Audi Group is entering into a strategic partnership with UST, a global transformation company specializing in AI-powered technology, design, and engineering. UST, headquartered in Aliso Viejo, California (USA), ...

Disseqt partners with Tata Technologies, Infosys

Agentic AI platform Disseqt AI announced its partnership with Tata Technologies and Infosys, under which Disseqt will help both companies’ IT and DevOps teams develop and fast-track the production of tailored Agenti...

MG Select celebrates triple milestone in sales, products, experiential centres

JSW MG Motor India has announced the expansion of its luxury retail channel, MG Select. The network now encompasses 15 Experience Centres across 14 major cities in India, underscoring the brand's commitment to deliv...

Rs.7,280 crore Govt nod for manufacturing rare earth permanent magnets

The Union Cabinet chaired by Prime Minister Narendra Modi approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' with a financial outlay of Rs.7280 crore. This first-of-its-kind init...

TVS ILP leases Andhra Pradesh facility to TBIS, a Toyota group company

TVS Industrial & Logistics Parks (TVS ILP), India’s first corporate industrial and logistics parks developer, has leased over 33,000 sq. ft space of its facility in Visakhapatnam, Andhra Pradesh, to Toyotsu Bharat I...

JSW MG Motor India sells 50,000 units of MG Windsor in under 400 days

JSW MG Motor India announced that the MG Windsor has crossed the 50,000 sales milestone in just over a year, marking a historic achievement for the company. With this, the MG Windsor becomes India’s first EV to cros...

Enlight Metals announces strategic tie-ups with major auto companies

Enlight Metals Pvt. Ltd., a next-generation metal aggregator headquartered in Pune, has announced strategic partnerships with major automobile manufacturers, including Toyota, Volkswagen, Hyundai, and Mahindra, furt...

Greaves Cotton, Ligier Group partner Euro V+ certified diesel engines

Greaves Cotton Limited has partnered with Ligier Group (“Ligier”), one of Europe’s most recognised manufacturers of light & heavy quadricycles

Marelli opens new technical R&D site in Bangalore

Marelli has established a new technical R&D site in Bangalore, southern India, to further expand the company’s engineering capabilities, supporting its innovation strategy in crucial automotive technology areas. The...

Honda unveils next-generation technologies

Honda Motor Co., Ltd. held the Honda Automotive Technology Workshop for members of news media. Following is a summary of the next-generation technologies for automobile products scheduled to go on sale in the second...

SIAM’s Automotive HR & Skilling Conclave 2025 explores future of talent, skills

The Society of Indian Automobile Manufacturers (SIAM) organised the Automotive HR & Skilling Conclave 2025 recently in Chennai, Tamil Nadu, under the theme ‘Accelerating Ahead: HR and Skilling for the Future of Mobi...

Maruti Suzuki, Tata Motors, M&M, Hyundai, others see record Oct sales

The festive cheer dovetailed with GST 2.0 that resulted in vehicle prices being cut by thousands and lakhs of rupees, resulted in not only a good September, but also a bombastic October for car manufacturers. Leadin...

Statiq, BMW Group India partner to electrify major corridors across India

Statiq, India’s leading EV charging network provider, has announced a landmark partnership with BMW Group India aimed at transforming the country’s e-mobility landscape.

Lumax strengthens electronics, digital capabilities with SHIFT Innovation Hub

Lumax Auto Technologies Limited (LATL), a leading Tier-1 supplier to Indian automotive OEMs, inaugurated its cutting-edge Technology Centre in Bengaluru. The facility, called the ‘Smart Hub for Innovation and Future...

ACMA Mobility Foundation hosts conference on “Decoding Taxation & ESG”

The ACMA Mobility Foundation (AMF), in partnership with KPMG, hosted a forum on “Decoding Taxation & ESG: Preparing Businesses for India’s Evolving Regulatory Environment” in New Delhi. The event brought together le...

Maruti Suzuki Jimny 5-door crosses cumulative exports of 1 lakh units

Maruti Suzuki India announced that the Jimny 5-door has achieved a landmark milestone, surpassing a cumulative export figure of 1 lakh units from India.

India’s auto deals hit USD 4.6 billion in Q3, says Grant Thornton report

According to the Grant Thornton Bharat Q3 2025 Automotive Dealtracker, India’s automotive sector recorded its strongest quarter in over a year, with 30 transactions valued at USD 4.6 billion.

Hyundai Motor India appoints Tarun Garg as MD & CEO

Hyundai Motor India Limited (HMIL) has announced the appointment of Tarun Garg as the next Managing Director and Chief Executive Officer of the company, subject to approval of shareholders, effective January 01, 202...

Maruti Suzuki to automate 10 driving test tracks in Tamil Nadu

Maruti Suzuki India signed a Memorandum of Agreement (“MoA”) with the Transport Department, Government of Tamil Nadu to set up 10 Automated Driving Test Tracks (“ADTTs”)across the state.

Micelio Mobility event deliberates on future of EVs in India

Micelio Mobility’s annual flagship event, the ‘Global Clean Mobility Summit 2025’ concluded in Bengaluru, spotlighting innovation, collaboration, and leadership in sustainable transport.

Sona Comstar signs MOU with Neura Robotics

Sona BLW Precision Forgings Ltd. (Sona Comstar), a global leader in mobility technology solutions, has signed a memorandum of understanding (MOU) with Neura Robotics GmbH at Metzingen, Germany.

Toyota Kirloskar Motor , Karnataka Govt tie up on vocation studies

Toyota Kirloskar Motor (TKM) announced the signing of a Memorandum of Understanding (MoU) with Samagra Shikshana Karnataka (Department of School Education and Literacy), Government of Karnataka, to promote and stren...

Revolt Motors appoints Roy Kurian as President

Revolt Motors, a leading electric motorcycle brand, has announced the appointment of Roy Kurian as President. With over three decades of proven leadership across automotive and electric mobility sectors, Kurian brin...

Steelbird Hi-Tech targets 1 crore+ helmet sales, Rs 1000 crore revenue in FY 2025-26

Steelbird Hi-Tech India Limited has set a bold target to produce over 1 crore+ helmets and achieve Rs 1000 crore revenue in the ongoing financial year (FY 2025-26).

AI-driven mobility takes the wheel at Traffic InfraTech Expo 2025

The 13th edition of Traffic Infratech Expo, along with Road Infratech Expo and Parking Infratech Expo, has officially opened the doors at Bharat Mandapam, New Delhi, marking a significant milestone in India’s infras...

First batch of Maruti Suzuki vehicles move by rail to Anantnag

Maruti Suzuki India has announced the arrival of first lot of vehicles in Kashmir valley by rail, becoming the first automobile manufacturer in the country to use Indian Railways to dispatch vehicles to the region. ...

JSW MG Motor India deploys 80% women workforce at battery assembly shop

JSW MG Motor India announced that its battery assembly shop in Halol, Gujarat has achieved a remarkable milestone by reaching 80% gender diversity across operations.

Visteon launches Scholar programme in India for engineering colleges

Visteon Corporation, a global leader in automotive electronics and connected cockpit solutions, announced the launch of Scholar, a flagship programme under Visteon University across 26 engineering colleges in India.

Kia Syros, Carens Clavis now available for police, paramilitary personnel

Kia India, one of the country’s leading mass-premium automobile brands, has announced that its sub-compact SUV, Kia Syros, and the recently launched Kia Carens Clavis will now be available through the Kendriya Polic...

26th SAFE Annual Convention reinforces commitment to road discipline

To deliberate on advancing road safety, fostering responsible driving practices, and accelerating the transition towards greener mobility solutions, the Society for Automotive Fitness & Environment (SAFE), an initia...

Vikrampati Singhania appointed President, ACMA

The Automotive Component Manufacturers Association of India (ACMA), the apex body representing the Indian auto component industry, announced the appointment of Vikrampati Singhania, Managing Director, JK Fenner (Ind...

Priya Sachdev Kapur makes symbolic presence at Acma annual session

Unmindful of the family feud and the court case accompanying it, the recently concluded 65th Annual Session of the Automotive Component Manufacturers Association of India (ACMA) held in New Delhi on September 12, 2...

ACMA’s 65th Annual Session highlights supply chain resilience

The Automotive Component Manufacturers Association of India (ACMA), the apex body of the Indian auto component industry, convened its 65th Annual Session in New Delhi.

SIAM discusses changing global dynamics at 65th annual convention

The Special Plenary Session 3 at the 65th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM) on “Changing Global Dynamics: Implications for India in Evolving Landscape” emphasised the critica...

Role of software defined vehicles highlighted at SIAM meet

The Special Plenary Session 2 at the 65th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM) on “Embracing the Future: Strategic Development and Market Integration of Software Defined Vehicle...

Auto leaders discuss ways to attain global leadership in sustainable mobility

At the 65th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM), the Special Plenary Session 1 on “Key Enablers Driving Global Leadership in Sustainable Mobility” brought together industry lea...

PM highlights opportunities for India to lead in green transportation

At the 65th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM), industry leaders and policymakers discussed the critical role of sustainable mobility in achieving Viksit Bharat by 2047.

FADA 7th Auto Retail Conclave affirms “Self-Sustaining Success”

The Federation of Automobile Dealers Associations (FADA) hosted the 7th edition of the Auto Retail Conclave, centered around the theme "Self-Sustaining Success: Transforming Auto Retail for Naya Bharat."The Conclave...

Hero MotoCorp appoints Harshavardhan Chitale as CEO

Hero MotoCorp Limited announced the appointment of Harshavardhan Chitale as its new Chief Executive Officer (CEO), effective Monday, January 5, 2026, following approval of the Board of Directors.

Vedanta boosts metal manufacturing to advance EV industry

On World EV Day, Vedanta Limited, India’s leading critical minerals, energy transition metals, oil & gas and technology conglomerate said it is set to boost metal manufacturing for the evolving needs of the country’...

Renault India kickstarts festive season with mega deliveries

Marking yet another significant milestone, Renault India, a fully owned subsidiary of the French carmaker Renault Group, announced 300+ customer deliveries of its popular models across Kerala, during the auspicious ...

Reactions on GST cut: A tailwind for the auto sector

Business leaders, automotive bodies, researchers and analysts have all hailed the steps taken at the 56th meeting of the GST council on Sept 03 towards GST reforms.

GST slashed for tractors, small cars, motorcycles, tyres, auto parts, among others

Following the announcement made by Prime Minister Narendra Modi from the ramparts of Red Fort on August 15, 2025 on next-generation GST reforms,

Kinetic Engineering inaugurates robotic chassis line for Kinetic DX EV production

In a major stride towards next-level automation and advanced manufacturing, Kinetic Engineering Ltd., part of Kinetic India, has inaugurated its advanced Robotic Chassis Line at its facility in Ahilya Nagar, Maharas...

BYD India marks 10,000 deliveries, driving innovation, sustainability

BYD India, a subsidiary of BYD, the global No. 1 NEV (New Energy Vehicle) manufacturer, is celebrating a landmark moment with the delivery of its 10,000th electric vehicle in India.

Ashok Leyland to Invest in the battery ecosystem for a sustainable India

Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, announced its plans to invest in development and manufacturing of next-generation batteries, for bot...

Mukand Sumi Special Steel launches greenfield integrated plant

Mukand Sumi Special Steel Limited (MSSSL) has announced a significant expansion in production with the construction of a greenfield integrated steelmaking facility at Kanakapura, Koppal, Karnataka.

Honda to showcase a variety of products at Japan Mobility Show 2025

Honda Motor Co. has announced plans to exhibit a wide variety of Honda mobility products, including motorcycles, automobiles, power products and aircraft, as well as related technologies and concept models at the Ja...

PM commemorates e-Vitara prodn, exports from Maruti Suzuki Gujarat plant

Prime Minister Narendra Modi commemorated the start of production of Maruti Suzuki’s first Battery Electric Vehicle (“BEV”), e Vitara, for sales in over 100 countries, at Suzuki Motor Gujarat Private Limited (“SMG”)...

Tata Motors re-enters South Africa market with passenger vehicles

Tata Motors Passenger Vehicles (TMPV), a subsidiary of Tata Motors—one of India’s largest automotive manufacturer has re-entered the South African passenger vehicle market, marking the beginning of a new era for the...

Eveium Smart Mobility, SunEdge deliver 150 EV scooters in Pune

Eveium Smart Mobility, a leading innovator in electric mobility solutions, in collaboration with SunEdge, a renowned name in sustainable automotive distribution, announced the successful delivery of 150 electric tw...

Maruti Suzuki Fronx achieves cumulative production milestone of 5 lakh units

Maruti Suzuki’s compact SUV, the Fronx achieves 5 lakh cumulative production milestone. Since its launch in 2023, Fronx has garnered customer appreciation for its design and performance. It was the highest exported ...

E 20 petrol causes “drastic” reduction in fuel efficiency, is misplaced: Govt

Critiques suggesting that E20 causes a “drastic” reduction in fuel efficiency are misplaced. Vehicle mileage is influenced by a variety of factors beyond just fuel type.

Omega Seiki Mobility to invest $25 million in EV assembly plant in Dubai

Omega Seiki Mobility (OSM), a leading Indian electric vehicle manufacturer, has launched its first international electric vehicle assembly plant in Jafza, investing USD 25 million (AED 92 million)over the next five ...

Primus Partners report highlights localising rare earth magnet production

India’s push toward clean mobility, green energy, and advanced manufacturing is facing a hidden vulnerability: its near-total reliance on imported rare-earth magnets. A new report by Primus Partners, From Extraction...

Hyundai Motor India accelerates youth empowerment in the country

Marking International Youth Day 2025, Hyundai Motor India reaffirmed its enduring commitment to empowering the youth of India. Driven by a future-focused, multi-dimensional approach, HMIL through the initiatives of ...

India’s auto industry charts biofuel-driven future at SIAM meet

The Society of Indian Automobile Manufacturers (SIAM), under its Jaivik Pahal (Bio Initiative) campaign, hosted the 4th International Conference on World Biofuel Day 2025 in New Delhi, themed “Indian Auto Industry’s...

“Citroen 2.0 Shift into the new” strategic vision rolled out

Citroen India announced a bold new chapter in its journey with the launch of “Citroen 2.0 – Shift Into the New” strategic plan.

Acma hosts first edition of Steer 2025 on automotive aftermarket

The Automotive Component Manufacturers Association of India (ACMA) convened the inaugural edition of Steer 2025 (Safe, Tech, Empower & Engage, and Reach) in New Delhi, a national aftermarket confluence aimed at char...

ZF Group in India secures landmark orders for its test systems

In a landmark development for India’s automotive and mobility sector, ZF Group has secured three large test system orders including for powertrain, and tyre manufacturing and testing.

Tata AutoComp subsidiary Artifex  to acquire IAC Slovakia

Tata AutoComp Systems Limited, through its British subsidiary Artifex Interior Systems Limited (Artifex), has entered into a conditional agreement to acquire 100% of the share capital of IAC Group (Slovakia) s.r.o.

Honeywell, Stereolabs develop mobile solution to simplify logistics

Honeywell has announced its collaboration with Stereolabs on the development of a new mobile solution that can quickly and accurately measure the size, volume and weight of boxes and pallets in a distribution center...

Force Motors launches Force iPulse in tie up with Intangles

Force Motors, a key automotive player and India’s largest van manufacturer has announced the launch of Force iPulse, a next-generation connected vehicle platform that introduces a new standard in operational intelli...

Tata AutoComp, Ichikoh Industries to partner for Valeo lighting business

Tata AutoComp Systems Limited (TACO) has announced that the company along with Japan’s Ichikoh Industries Limited (Ichikoh), a company listed on the Tokyo Stock Exchange prime market and owned at 61.2% by Valeo, wil...

VinFast inaugurates electric vehicle assembly plant in Tamil Nadu

VinFast has officially inaugurated its electric vehicle (EV) assembly plant at the Sipcot Industrial Park in Thoothukudi, Tamil Nadu, India.

MG Motor marks six years in India; Special anniversary prices announced

JSW MG Motor is celebrating its sixth anniversary in India, by announcing special anniversary pricing for limited period, 100% on-road funding and EMI holiday options on Hector and Astor.

JK Tyre unveils luxury tyre range Levitas

JK Tyre & Industries Ltd. marked a new chapter in its premium journey with a high-octane showcase of its luxury tyre range, Levitas, at ‘Fast & Fabulous: The Supercar Catwalk’ in Mumbai.

Schaeffler India expands its large size industrial bearings portfolio

Schaeffler India, a leading motion technology company, has further strengthened its localisation commitment by widening the existing industrial portfolio with inclusion of Made-in-India large size Spherical Roller ...

Renault Group strengthens presence in India for global growth

Renault Group is accelerating its development in India, one of the most dynamic automotive markets in the world. As part of its strategy to make the country a key international hub, the Group has taken a major step ...

Force Motors posts robust Q1 FY25-26 performance; Records EBITDA of Rs 357 crore

Force Motors, a key automotive player and India’s largest van manufacturer, has announced its financial results for the quarter ended June 30, 2025 (Q1 FY2025-26). The company has reported a strong performance, unde...

Can Auto LPG retrofitment in cars be a game-changer in Delhi?

In a landmark move to tackle the capital’s air pollution crisis, Delhi government has enforced a fuel ban on all petrol vehicles over 15 years old and diesel vehicles over 10 years old.

SIAM Automotive Logistics Conclave focuses on sustainable ecosystem

The Society of Indian Automobile Manufacturers (SIAM) organised the 11th SIAM Automotive Logistics Conclave in New Delhi, focusing on the theme "Enhancing Efficiencies in Automotive Logistics."

Tata Electronics, Bosch sign MOU for strategic collaboration

Tata Electronics, a leading player in the Indian electronics and semiconductor manufacturing sector, and Robert Bosch GmbH, a leading global supplier of technology and services, announced that they have signed a Mem...

Tata Punch becomes India’s fastest SUV to cross 6 lakh milestone

Tata Motors announced a historic milestone for its revolutionary compact SUV, Punch, which has surpassed 6 lakh production milestone in less than four years—a record-breaking feat that cements its position as India’...

Skoda Auto hits 300 customer touch points across 172 cities

Skoda Auto is revving to newer highs as it celebrates its 25-year legacy in India, and 130 years globally. Earlier this month, the brand achieved its highest half-yearly sales ever in H1 2025.

Vinfast India accelerates local employment in Thoothukudi EV plant

VinFast Auto India, the subsidiary of global electric vehicle leader VinFast, has announced the induction of its first cohort of 200 locally hired professionals at its soon to be inaugurate factory in Thoothukudi, T...

Tata Motors leads EV retail car sales, TVS for electric 2W in June 2025: FADA

A total of 13,178 electric cars were retailed in the country in the month of June 2025, in contrast to 7323 units sold in the corresponding period last year.




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