Automotive dealerships grappling tough times, says ICRA survey

ICRA, an independent and professional investment Information and Credit Rating Agency states that automobile dealerships across India continue to face tough times. As if the demand slowdown due to macroeconomic chal...

Indian Auto Component Industry de-grows 11.7 per cent in FY 2019-20

The turnover of the Indian automotive component industry has registered a de-growth of (-) 11.7 per cent compared to the previous year at Rs. 3.49 lakh crore (USD 49.2 billion) for the period April 2019 to March 202...

TVS March 2020 sales down by (-) 55.51pc at 144739 units

TVS Motor Company registered sales of 144,739 units in March 2020 as against 325,323 units in March 2019.

Toyota Kirloskar sells 8022 units in March 2020

Having successfully liquidated all its BS4 stocks even at the dealership level, TKM sold a total of 7023 units of BS6 vehicles to its dealers (wholesales) in the month of March 2020. To lessen the burden on its deal...

Honda Cars India March 2020 growth slumps (-) 78.50% at 3697 units

Honda Cars India Ltd. (HCIL) registered its annual domestic sales of 102,016 units during FY 2019 – 20. The company’s monthly sales stood at 3,697 units in March 2020. The company had sold 183,808 units during FY 18...

Kia Motors India sells 8583 units in March 2020, Emerges as No.3 car manufacturers in country

Kia Motors India, wholly-owned subsidiary of Kia Motors Corporation, sold 8,583 units for the month of March 2020. The company sold 7,466 units of Seltos and 1,117 units of Carnival during the month. While Kia Motor...

Royal Enfield sales dips (-) 41 per cent: fiscal sales down 16pc at 695947 units

Royal Enfield posted sales (both domestic and exports) of 35,814 motorcycles in the month of March 2020, against the sales of 60,831 motorcycles for the same month last year, thereby registering a minus (-) 41 per c...

Tata Motors sells 5676 units of passenger vehicles, degrowing  (-) 68 per cent

Like all vehicle manufacturers in the country, Tata Motors too posted miserable sales for its passenger vehicles for the month of March 2020. The company sold 5676 units as compared to 17810 units in March 2019. Thi...

Maruti Suzuki March 2020 sales fall (-) 47 pc at 83,792 units. Annual sales slump by 16pc

The lockdown resulting from the pandemic coronavirus or covid-19 has begun to reflect in the sales of vehicles for auto companies in India. Maruti Suzuki India Limited sold 83,792 units in March 2020 as compared to ...

Aug 2019 sales of passenger vehicles drop -32pc, 2w -22pc, CVs -39pc, 3w -7pc

Passenger vehicles Aug 2019 sales recorded a minus 31.57 pc slump at 196524 units as compared to 287198 units in Aug 2018. This has been revealed in the latest sales and production data released by the Society of In...

Hyundai Motor India  domestic sales drop (-) 16.58pc in Aug 2019 at 38205 units

Hyundai Motor India registered domestic sales of 38,205 units and exports of 17,800 units with cumulative sales of 56,005 Units for the month of August 2019. The company had sold 45,801 units in Aug 2018. The degrow...

Honda Cars India registers degrowth of 51pc in domestic sales in Aug 2019 at 8,291 units

Honda Cars India Ltd. (HCIL) registered monthly domestic sales of 8,291 units in August 2019 whereas the number of export units stood at 227. The company had sold 17,020 units in domestic market in August 2018. The ...

July 2019 sales of passenger vehicles slump -31pc, 2W -17pc, CVs -26pc, 3W -8pc

For the ninth consecutive month, domestic sales of vehicles in India continued with its free fall as passenger vehicles July 2019 sales recorded a minus 30.98pc slump at 200790 units as compared to 290931 units in J...

Toyota Kirloskar domestic sells at 10424 in July 2019; -24pc fall in sales

Toyota Kirloskar Motor sold a total of 10423 units in the domestic market in July 2019 as against 13677 units in July 2018. This meant a degrowth of 24 per cent. The company exported 868 units of the Etios series in...

Honda Cars India registers 48.67pc drop in domestic sales at 10,250 units in July 2019

Honda Cars India Ltd. (HCIL) registered monthly domestic sales of 10,250 units in July 2019. The number of export units stood at 334 last month. The company had sold 19,970 units in domestic market in July 2018. Thu...

Hyundai Motor India registers 10 pc drop in domestic sales

Hyundai Motor India Ltd registered the domestic sales of 39,010 Units in July 2019 as compared to 43481 units in July 2018, thereby recording a 10 per cent drop in sales.

Automobile sales and production head south in June 2019

Both production and sales continue to take a hit in the Indian auto industry, as the month of June 2019 too shows no signs of recovery. The downhill drive continues for the industry, according to the latest sales an...

Besides 18-year low, every passenger vehicle player registers negative growth in May 2019

While the month of May 2019 registered an 18-year low in terms of domestic sales for passenger vehicles (PV), the disturbing factor is that each and every of the 17 PV player recorded a negative growth. Such is the ...

Downhill drive continues for Indian auto industry in May 2019

Both production and sales have taken a hit in the Indian auto industry for the month of May 2019. The downhill drive continues for the industry, according to the latest sales and production data shared by the Societ...

‘Make in India’ loses sheen in auto components industry; Records degrowth in exports

For the first time in five years, “Make in India” lost some of its sheen in the Indian auto components industry as imports increased dramatically and exports recorded a negative growth. Exports recorded (-) 3.7pc gr...




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